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PHASIANUS: what changed

Two fiscal 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.

What changed

PHASIANUS

BE 0450.059.709
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€61,179
2024 · €62,430-€1,251
Equity
€91,324
2024 · €80,442+€10,882
Cash
-
2024 · €136,816-€136,816
Balance sheet total
€196,001
2024 · €308,339-€112,338

Largest movements

2024 to 2025
Assets
  • Cash -€136,816

    no longer reported in 2025 (was €136,816)

    mainly Other debts (-€124,316) and Contributions, distributions and other (-€50,297)

  • Receivables within one year +€24,478

    up €24,478 (+1544.4%), from €1,585 to €26,063

Equity and liabilities
  • Other debts -€124,316

    down €124,316 (-61.3%), from €202,735 to €78,419

  • Profit (loss) carried forward +€10,882

    up €10,882 (+85.1%), from €12,792 to €23,674

Income statement

No income-statement line moved by more than 1% of the activity.

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 €62,430
    Other operating charges -€645
    Other operating items +€82
    Financial charges -€552
    Taxes -€136
    Result 2025 €61,179

    Cash bridge derived

    cash 2024 to 2025

    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.

    From operations -€86,519
    Investment €0
    Financing -€50,297
    Cash 2024 €136,816
    Net result for the year +€61,179
    Receivables within one year -€24,478
    Trade debts +€658
    Other debts -€124,316
    Accrued charges and deferred income +€438
    Contributions, distributions and other -€50,297
    Cash 2025 €0
    Every line side by side 37 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €308,339 €196,001 -€112,338 -36.4%
    Fixed assets 21/28 €169,938 €169,938 = 0.0%
    Tangible fixed assets 22/27 €169,938 €169,938 = 0.0%
    Land and buildings 22 €169,938 €169,938 = 0.0%
    Current assets 29/58 €138,401 €26,063 -€112,338 -81.2%
    Amounts receivable within one year 40/41 €1,585 €26,063 +€24,478 +1544.4%
    Other amounts receivable 41 €1,585 €26,063 +€24,478 +1544.4%
    Cash at bank and in hand 54/58 €136,816 - -€136,816
    Total equity and liabilities 10/49 €308,339 €196,001 -€112,338 -36.4%
    Equity 10/15 €80,442 €91,324 +€10,882 +13.5%
    Contributions 10/11 €61,500 €61,500 = 0.0%
    Capital 10 €61,500 €61,500 = 0.0%
    Issued capital 100 €61,500 €61,500 = 0.0%
    Reserves 13 €6,150 €6,150 = 0.0%
    Non-distributable reserves 130/1 €6,150 €6,150 = 0.0%
    Legal reserve 130 €6,150 €6,150 = 0.0%
    Profit (loss) carried forward 14 €12,792 €23,674 +€10,882 +85.1%
    Amounts payable 17/49 €227,897 €104,677 -€123,220 -54.1%
    Amounts payable within one year 42/48 €205,010 €81,352 -€123,658 -60.3%
    Trade debts 44 €2,275 €2,933 +€658 +28.9%
    Suppliers 440/4 €2,275 €2,933 +€658 +28.9%
    Other amounts payable 47/48 €202,735 €78,419 -€124,316 -61.3%
    Accrued charges and deferred income 492/3 €22,887 €23,325 +€438 +1.9%
    Operating income 70/76A €89,852 €91,987 +€2,135 +2.4%
    Other operating income 74 €89,852 €91,987 +€2,135 +2.4%
    Operating charges 60/66A €6,685 €9,383 +€2,698 +40.4%
    Services and other goods 61 €6,266 €8,319 +€2,053 +32.8%
    Other operating charges 640/8 €419 €1,064 +€645 +153.9%
    Operating profit (loss) 9901 €83,167 €82,604 -€563 -0.7%
    Financial charges 65/66B €322 €874 +€552 +171.4%
    Recurring financial charges 65 €322 €874 +€552 +171.4%
    Other financial charges 652/9 €322 €874 +€552 +171.4%
    Profit (loss) for the period before taxes 9903 €82,845 €81,730 -€1,115 -1.3%
    Income taxes 67/77 €20,415 €20,551 +€136 +0.7%
    Taxes 670/3 €20,415 €20,551 +€136 +0.7%
    Profit (loss) for the period 9904 €62,430 €61,179 -€1,251 -2.0%
    Profit (loss) for the period to be appropriated 9905 €62,430 €61,179 -€1,251 -2.0%

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.