PHENIX CAPITAL: 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 CAPITAL
Largest movements
- Deferred charges and accrued income +€9,785
up €9,785 (+3.1%), from €315,548 to €325,333
- Debts after one year +€93,566
new in 2025: €93,566
- Tax, wage and social debts -€55,413
down €55,413 (-97.3%), from €56,966 to €1,553
- Other debts -€29,620
down €29,620 (-6.0%), from €493,315 to €463,695
- Financial charges +€3,132
up €3,132 (+1403.6%), from €223 to €3,355
- Financial income +€3,127
up €3,127 (+51.3%), from €6,100 to €9,227
- Gross operating margin +€1,365
up €1,365 (+49.0%), from -€2,786 to -€1,421
- Taxes +€472
up €472 (+87.2%), from €541 to €1,012
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.
Cash bridge derived
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 | €740,227 | €754,055 | +€13,828 | +1.9% |
| Current assets | 29/58 | €740,227 | €754,055 | +€13,828 | +1.9% |
| Amounts receivable after more than one year | 29 | €240,873 | €237,223 | -€3,650 | -1.5% |
| Other amounts receivable | 291 | €240,873 | €237,223 | -€3,650 | -1.5% |
| Amounts receivable within one year | 40/41 | €17,306 | €16,969 | -€337 | -1.9% |
| Other amounts receivable | 41 | €17,306 | €16,969 | -€337 | -1.9% |
| Current investments | 50/53 | €166,168 | €171,406 | +€5,239 | +3.2% |
| Cash at bank and in hand | 54/58 | €332 | €3,123 | +€2,791 | +839.7% |
| Deferred charges and accrued income | 490/1 | €315,548 | €325,333 | +€9,785 | +3.1% |
| Total equity and liabilities | 10/49 | €740,227 | €754,055 | +€13,828 | +1.9% |
| Equity | 10/15 | €189,160 | €192,196 | +€3,037 | +1.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,160 | €191,196 | +€3,037 | +1.6% |
| Amounts payable | 17/49 | €551,068 | €561,859 | +€10,791 | +2.0% |
| Amounts payable after more than one year | 17 | - | €93,566 | +€93,566 | |
| Other amounts payable | 178/9 | - | €93,566 | +€93,566 | |
| Amounts payable within one year | 42/48 | €551,068 | €465,286 | -€85,782 | -15.6% |
| Trade debts | 44 | €787 | €38 | -€749 | -95.1% |
| Suppliers | 440/4 | €787 | €38 | -€749 | -95.1% |
| Taxes, remuneration and social security | 45 | €56,966 | €1,553 | -€55,413 | -97.3% |
| Taxes | 450/3 | €56,966 | €1,553 | -€55,413 | -97.3% |
| Other amounts payable | 47/48 | €493,315 | €463,695 | -€29,620 | -6.0% |
| Accrued charges and deferred income | 492/3 | - | €3,007 | +€3,007 | |
| Other operating charges | 640/8 | €387 | €402 | +€14 | +3.7% |
| Gross operating margin | 9900 | -€2,786 | -€1,421 | +€1,365 | +49.0% |
| Operating profit (loss) | 9901 | -€3,173 | -€1,823 | +€1,350 | +42.5% |
| Financial income | 75/76B | €6,100 | €9,227 | +€3,127 | +51.3% |
| Recurring financial income | 75 | €6,100 | €9,227 | +€3,127 | +51.3% |
| Financial charges | 65/66B | €223 | €3,355 | +€3,132 | +1403.6% |
| Recurring financial charges | 65 | €223 | €3,355 | +€3,132 | +1403.6% |
| Profit (loss) for the period before taxes | 9903 | €2,703 | €4,049 | +€1,345 | +49.8% |
| Income taxes | 67/77 | €541 | €1,012 | +€472 | +87.2% |
| Profit (loss) for the period | 9904 | €2,163 | €3,037 | +€874 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,163 | €3,037 | +€874 | +40.4% |
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 9 October 2026 via checked.be.