PHAUNTS: 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.
PHAUNTS
Largest movements
- Financial fixed assets -€90,038
down €90,038 (-72.9%), from €123,436 to €33,398
- Receivables within one year -€11,290
down €11,290 (-85.2%), from €13,257 to €1,966
of which Trade receivables: -€12,100
- Tangible fixed assets -€10,845
down €10,845 (-50.0%), from €21,708 to €10,863
of which Furniture and vehicles: -€10,505
- Cash -€7,208
down €7,208 (-87.6%), from €8,225 to €1,018
mainly Other debts (-€102,783) and Tax, wage and social debts (-€27,697)
- Other debts -€102,783
down €102,783 (-85.5%), from €120,160 to €17,377
- Tax, wage and social debts -€27,697
down €27,697 (-94.1%), from €29,424 to €1,727
- Reserves +€12,637
new in 2025: €12,637
- Financial income -€15,893
down €15,893 (-91.6%), from €17,359 to €1,466
- Gross operating margin +€6,481
up €6,481 (+26.0%), from €24,966 to €31,447
- Taxes -€2,061
down €2,061 (-23.5%), from €8,788 to €6,727
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 | €170,752 | €51,536 | -€119,216 | -69.8% |
| Fixed assets | 21/28 | €145,144 | €44,261 | -€100,883 | -69.5% |
| Tangible fixed assets | 22/27 | €21,708 | €10,863 | -€10,845 | -50.0% |
| Plant, machinery and equipment | 23 | €2,520 | €2,180 | -€340 | -13.5% |
| Furniture and vehicles | 24 | €19,188 | €8,683 | -€10,505 | -54.7% |
| Financial fixed assets | 28 | €123,436 | €33,398 | -€90,038 | -72.9% |
| Current assets | 29/58 | €25,608 | €7,275 | -€18,333 | -71.6% |
| Amounts receivable within one year | 40/41 | €13,257 | €1,966 | -€11,290 | -85.2% |
| Trade receivables | 40 | €12,100 | - | -€12,100 | |
| Other amounts receivable | 41 | €1,157 | €1,966 | +€810 | +70.0% |
| Cash at bank and in hand | 54/58 | €8,225 | €1,018 | -€7,208 | -87.6% |
| Deferred charges and accrued income | 490/1 | €4,126 | €4,291 | +€165 | +4.0% |
| Total equity and liabilities | 10/49 | €170,752 | €51,536 | -€119,216 | -69.8% |
| Equity | 10/15 | €18,600 | €31,237 | +€12,637 | +67.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €12,637 | +€12,637 | |
| Distributable reserves | 133 | - | €12,637 | +€12,637 | |
| Amounts payable | 17/49 | €152,152 | €20,300 | -€131,852 | -86.7% |
| Amounts payable within one year | 42/48 | €152,152 | €20,300 | -€131,852 | -86.7% |
| Trade debts | 44 | €2,568 | €1,196 | -€1,372 | -53.4% |
| Suppliers | 440/4 | €2,568 | €1,196 | -€1,372 | -53.4% |
| Taxes, remuneration and social security | 45 | €29,424 | €1,727 | -€27,697 | -94.1% |
| Taxes | 450/3 | €29,424 | €1,727 | -€27,697 | -94.1% |
| Other amounts payable | 47/48 | €120,160 | €17,377 | -€102,783 | -85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,893 | €11,845 | -€48 | -0.4% |
| Other operating charges | 640/8 | €1,491 | €1,528 | +€38 | +2.5% |
| Gross operating margin | 9900 | €24,966 | €31,447 | +€6,481 | +26.0% |
| Operating profit (loss) | 9901 | €11,583 | €18,074 | +€6,491 | +56.0% |
| Financial income | 75/76B | €17,359 | €1,466 | -€15,893 | -91.6% |
| Recurring financial income | 75 | €17,359 | €1,466 | -€15,893 | -91.6% |
| Financial charges | 65/66B | €317 | €177 | -€140 | -44.2% |
| Recurring financial charges | 65 | €317 | €177 | -€140 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €28,624 | €19,363 | -€9,261 | -32.4% |
| Income taxes | 67/77 | €8,788 | €6,727 | -€2,061 | -23.5% |
| Profit (loss) for the period | 9904 | €19,836 | €12,637 | -€7,200 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,836 | €12,637 | -€7,200 | -36.3% |
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 13 October 2026 via checked.be.