PHENIKXIA: 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.
PHENIKXIA
Largest movements
- Receivables within one year +€560,620
up €560,620 (+664%), from €84,444 to €645,064
of which Trade receivables: +€552,149
- Trade debts +€432,076
up €432,076 (+1,211%), from €35,674 to €467,750
of which Bills of exchange payable: +€300,573
- Other debts +€120,196
new in 2025: €120,196
- Profit (loss) carried forward +€13,833
up €13,833 (+28.9%), from €47,787 to €61,619
- Gross operating margin -€14,698
down €14,698 (-48.3%), from €30,451 to €15,753
- Depreciation +€1,221
new in 2025: €1,221
- Other operating charges +€563
new in 2025: €563
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 | €88,960 | €655,065 | +€566,105 | +636% |
| Formation expenses | 20 | - | €463 | +€463 | |
| Fixed assets | 21/28 | - | €2,355 | +€2,355 | |
| Tangible fixed assets | 22/27 | - | €2,355 | +€2,355 | |
| Plant, machinery and equipment | 23 | - | €1,068 | +€1,068 | |
| Furniture and vehicles | 24 | - | €1,288 | +€1,288 | |
| Current assets | 29/58 | €88,960 | €652,247 | +€563,287 | +633% |
| Amounts receivable within one year | 40/41 | €84,444 | €645,064 | +€560,620 | +664% |
| Trade receivables | 40 | €73,654 | €625,803 | +€552,149 | +750% |
| Other amounts receivable | 41 | €10,790 | €19,261 | +€8,471 | +78.5% |
| Cash at bank and in hand | 54/58 | €4,516 | €7,183 | +€2,666 | +59.0% |
| Total equity and liabilities | 10/49 | €88,960 | €655,065 | +€566,105 | +636% |
| Equity | 10/15 | €53,287 | €67,119 | +€13,833 | +26.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,787 | €61,619 | +€13,833 | +28.9% |
| Amounts payable | 17/49 | €35,674 | €587,946 | +€552,272 | +1,548% |
| Amounts payable within one year | 42/48 | €35,674 | €587,946 | +€552,272 | +1,548% |
| Trade debts | 44 | €35,674 | €467,750 | +€432,076 | +1,211% |
| Suppliers | 440/4 | €35,674 | €167,177 | +€131,504 | +369% |
| Bills of exchange payable | 441 | - | €300,573 | +€300,573 | |
| Other amounts payable | 47/48 | - | €120,196 | +€120,196 | |
| Remuneration, social security and pensions | 62 | - | €70 | +€70 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,221 | +€1,221 | |
| Other operating charges | 640/8 | - | €563 | +€563 | |
| Gross operating margin | 9900 | €30,451 | €15,753 | -€14,698 | -48.3% |
| Operating profit (loss) | 9901 | €30,451 | €13,898 | -€16,552 | -54.4% |
| Financial charges | 65/66B | - | €66 | +€66 | |
| Recurring financial charges | 65 | - | €66 | +€66 | |
| Profit (loss) for the period before taxes | 9903 | €30,451 | €13,833 | -€16,618 | -54.6% |
| Profit (loss) for the period | 9904 | €30,451 | €13,833 | -€16,618 | -54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,451 | €13,833 | -€16,618 | -54.6% |
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 28 October 2026 via checked.be.