PHENIX: 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.
PHENIX
Largest movements
- Receivables within one year +€14,571
up €14,571 (+36.7%), from €39,736 to €54,307
- Tangible fixed assets -€4,387
down €4,387 (-6.5%), from €67,068 to €62,681
- Profit (loss) carried forward +€9,852
up €9,852 (+22.1%), from €44,508 to €54,360
- Gross operating margin +€2,346
up €2,346 (+15.1%), from €15,565 to €17,911
- Taxes -€1,462
down €1,462 (-38.6%), from €3,791 to €2,329
- Other operating charges +€567
up €567 (+71.3%), from €795 to €1,362
- Financial charges -€202
no longer reported in 2024 (was €202)
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,955 | €117,221 | +€10,266 | +9.6% |
| Fixed assets | 21/28 | €67,068 | €62,681 | -€4,387 | -6.5% |
| Tangible fixed assets | 22/27 | €67,068 | €62,681 | -€4,387 | -6.5% |
| Land and buildings | 22 | €67,068 | €62,681 | -€4,387 | -6.5% |
| Current assets | 29/58 | €39,887 | €54,540 | +€14,653 | +36.7% |
| Amounts receivable within one year | 40/41 | €39,736 | €54,307 | +€14,571 | +36.7% |
| Other amounts receivable | 41 | €39,736 | €54,307 | +€14,571 | +36.7% |
| Cash at bank and in hand | 54/58 | €151 | €233 | +€82 | +54.3% |
| Total equity and liabilities | 10/49 | €106,955 | €117,221 | +€10,266 | +9.6% |
| Equity | 10/15 | €96,780 | €106,632 | +€9,852 | +10.2% |
| Contributions | 10/11 | €51,212 | €51,212 | = | 0.0% |
| Capital | 10 | €51,212 | €51,212 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Uncalled capital | 101 | €10,788 | €10,788 | = | 0.0% |
| Reserves | 13 | €1,060 | €1,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,060 | €1,060 | = | 0.0% |
| Legal reserve | 130 | €1,060 | €1,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,508 | €54,360 | +€9,852 | +22.1% |
| Amounts payable | 17/49 | €10,175 | €10,589 | +€414 | +4.1% |
| Amounts payable within one year | 42/48 | €5,351 | €5,351 | = | 0.0% |
| Trade debts | 44 | €5,351 | €5,351 | = | 0.0% |
| Suppliers | 440/4 | €5,351 | €5,351 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,824 | €5,238 | +€414 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,386 | €4,387 | +€1 | 0.0% |
| Other operating charges | 640/8 | €795 | €1,362 | +€567 | +71.3% |
| Gross operating margin | 9900 | €15,565 | €17,911 | +€2,346 | +15.1% |
| Operating profit (loss) | 9901 | €10,384 | €12,162 | +€1,778 | +17.1% |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €202 | - | -€202 | |
| Recurring financial charges | 65 | €202 | - | -€202 | |
| Profit (loss) for the period before taxes | 9903 | €10,182 | €12,181 | +€1,999 | +19.6% |
| Income taxes | 67/77 | €3,791 | €2,329 | -€1,462 | -38.6% |
| Profit (loss) for the period | 9904 | €6,391 | €9,852 | +€3,461 | +54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,391 | €9,852 | +€3,461 | +54.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.