PHANTICA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PHANTICA
Largest movements
- Cash +€30,529
up €30,529 (+103%), from €29,740 to €60,270
mainly Net result for the year (+€46,034) and Receivables within one year (+€17,005)
- Financial fixed assets +€25,000
up €25,000 (+18.5%), from €135,000 to €160,000
- Receivables within one year -€17,005
down €17,005 (-45.8%), from €37,115 to €20,111
- Tangible fixed assets +€6,703
up €6,703 (+103%), from €6,532 to €13,235
of which Furniture and vehicles: +€8,427
- Reserves +€46,034
up €46,034 (+27.7%), from €166,199 to €212,233
- Trade debts +€5,207
up €5,207 (+176%), from €2,954 to €8,161
- Tax, wage and social debts -€5,119
down €5,119 (-22.5%), from €22,770 to €17,652
of which Taxes: -€5,119
- Gross operating margin -€10,431
down €10,431 (-13.1%), from €79,422 to €68,991
- Taxes -€2,629
down €2,629 (-13.4%), from €19,599 to €16,970
- Depreciation +€2,324
up €2,324 (+135%), from €1,724 to €4,048
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €209,936 | €254,304 | +€44,368 | +21.1% |
| Fixed assets | 21/28 | €141,532 | €173,235 | +€31,703 | +22.4% |
| Tangible fixed assets | 22/27 | €6,532 | €13,235 | +€6,703 | +103% |
| Land and buildings | 22 | €6,532 | €4,808 | -€1,724 | -26.4% |
| Furniture and vehicles | 24 | - | €8,427 | +€8,427 | |
| Financial fixed assets | 28 | €135,000 | €160,000 | +€25,000 | +18.5% |
| Current assets | 29/58 | €68,404 | €81,069 | +€12,665 | +18.5% |
| Amounts receivable within one year | 40/41 | €37,115 | €20,111 | -€17,005 | -45.8% |
| Trade receivables | 40 | €37,115 | €20,111 | -€17,005 | -45.8% |
| Cash at bank and in hand | 54/58 | €29,740 | €60,270 | +€30,529 | +103% |
| Deferred charges and accrued income | 490/1 | €1,548 | €689 | -€860 | -55.5% |
| Total equity and liabilities | 10/49 | €209,936 | €254,304 | +€44,368 | +21.1% |
| Equity | 10/15 | €168,699 | €214,733 | +€46,034 | +27.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €166,199 | €212,233 | +€46,034 | +27.7% |
| Distributable reserves | 133 | €166,199 | €212,233 | +€46,034 | +27.7% |
| Amounts payable | 17/49 | €41,237 | €39,571 | -€1,666 | -4.0% |
| Amounts payable within one year | 42/48 | €39,113 | €36,671 | -€2,442 | -6.2% |
| Trade debts | 44 | €2,954 | €8,161 | +€5,207 | +176% |
| Suppliers | 440/4 | €2,954 | €8,161 | +€5,207 | +176% |
| Taxes, remuneration and social security | 45 | €22,770 | €17,652 | -€5,119 | -22.5% |
| Taxes | 450/3 | €22,770 | €17,652 | -€5,119 | -22.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €13,389 | €10,859 | -€2,530 | -18.9% |
| Accrued charges and deferred income | 492/3 | €2,124 | €2,900 | +€776 | +36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,724 | €4,048 | +€2,324 | +135% |
| Other operating charges | 640/8 | €1,354 | €1,096 | -€258 | -19.1% |
| Gross operating margin | 9900 | €79,422 | €68,991 | -€10,431 | -13.1% |
| Operating profit (loss) | 9901 | €76,344 | €63,847 | -€12,497 | -16.4% |
| Financial income | 75/76B | €0 | €5 | +€5 | |
| Recurring financial income | 75 | €0 | €5 | +€5 | |
| Financial charges | 65/66B | €1,373 | €847 | -€526 | -38.3% |
| Recurring financial charges | 65 | €1,373 | €847 | -€526 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €74,970 | €63,004 | -€11,966 | -16.0% |
| Income taxes | 67/77 | €19,599 | €16,970 | -€2,629 | -13.4% |
| Profit (loss) for the period | 9904 | €55,371 | €46,034 | -€9,337 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,371 | €46,034 | -€9,337 | -16.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.