PHENICIEN AH: 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.
PHENICIEN AH
Largest movements
- Cash -€89
no longer reported in 2025 (was €89)
mainly Net result for the year (-€554)
- Profit (loss) carried forward -€554
down €554 (-6.3%), from -€8,787 to -€9,341
- Other debts +€465
up €465 (+17.4%), from €2,676 to €3,141
- Financial charges +€89
new in 2025: €89
- Gross operating margin -€5
down €5 (-1.1%), from -€460 to -€465
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 | €89 | - | -€89 | |
| Current assets | 29/58 | €89 | - | -€89 | |
| Cash at bank and in hand | 54/58 | €89 | - | -€89 | |
| Total equity and liabilities | 10/49 | €89 | - | -€89 | |
| Equity | 10/15 | -€2,587 | -€3,141 | -€554 | -21.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,787 | -€9,341 | -€554 | -6.3% |
| Amounts payable | 17/49 | €2,676 | €3,141 | +€465 | +17.4% |
| Amounts payable within one year | 42/48 | €2,676 | €3,141 | +€465 | +17.4% |
| Other amounts payable | 47/48 | €2,676 | €3,141 | +€465 | +17.4% |
| Gross operating margin | 9900 | -€460 | -€465 | -€5 | -1.1% |
| Operating profit (loss) | 9901 | -€460 | -€465 | -€5 | -1.1% |
| Financial charges | 65/66B | - | €89 | +€89 | |
| Recurring financial charges | 65 | - | €89 | +€89 | |
| Profit (loss) for the period before taxes | 9903 | -€460 | -€554 | -€94 | -20.5% |
| Profit (loss) for the period | 9904 | -€460 | -€554 | -€94 | -20.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€460 | -€554 | -€94 | -20.5% |
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 25 October 2026 via checked.be.