PHENIX GROUP SOLUTIONS: 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 GROUP SOLUTIONS
Largest movements
- Tangible fixed assets -€238,335
down €238,335 (-55.3%), from €430,703 to €192,368
of which Land and buildings: -€285,083
- Receivables within one year +€237,596
up €237,596 (+49.5%), from €479,741 to €717,336
of which Other amounts receivable: +€209,410
- Debts after one year -€292,482
down €292,482 (-78.4%), from €373,206 to €80,724
- Trade debts +€247,707
up €247,707 (+664%), from €37,317 to €285,023
- Profit (loss) carried forward +€54,181
up €54,181 (+14.5%), from €373,350 to €427,531
- Turnover +€1.6m
new in 2024: €1.6m
- Gross operating margin +€99,916
up €99,916 (+172%), from €57,991 to €157,907
- Taxes +€69,964
up €69,964, from -€54,964 to €15,000
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.
Derived cash bridge
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 | €914,931 | €912,046 | -€2,885 | -0.3% |
| Fixed assets | 21/28 | €432,143 | €193,808 | -€238,335 | -55.2% |
| Tangible fixed assets | 22/27 | €430,703 | €192,368 | -€238,335 | -55.3% |
| Land and buildings | 22 | €411,083 | €126,000 | -€285,083 | -69.3% |
| Plant, machinery and equipment | 23 | €800 | €1,592 | +€792 | +99.0% |
| Furniture and vehicles | 24 | €18,820 | €22,276 | +€3,456 | +18.4% |
| Assets under construction and advance payments | 27 | - | €42,500 | +€42,500 | |
| Financial fixed assets | 28 | €1,440 | €1,440 | = | 0.0% |
| Current assets | 29/58 | €482,788 | €718,239 | +€235,450 | +48.8% |
| Amounts receivable within one year | 40/41 | €479,741 | €717,336 | +€237,596 | +49.5% |
| Trade receivables | 40 | €456,421 | €484,607 | +€28,186 | +6.2% |
| Other amounts receivable | 41 | €23,320 | €232,729 | +€209,410 | +898% |
| Cash at bank and in hand | 54/58 | €3,048 | €902 | -€2,145 | -70.4% |
| Total equity and liabilities | 10/49 | €914,931 | €912,046 | -€2,885 | -0.3% |
| Equity | 10/15 | €393,810 | €447,991 | +€54,181 | +13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €373,350 | €427,531 | +€54,181 | +14.5% |
| Amounts payable | 17/49 | €521,121 | €464,055 | -€57,066 | -11.0% |
| Amounts payable after more than one year | 17 | €373,206 | €80,724 | -€292,482 | -78.4% |
| Other amounts payable | 178/9 | €373,206 | €80,724 | -€292,482 | -78.4% |
| Amounts payable within one year | 42/48 | €147,915 | €383,331 | +€235,415 | +159% |
| Trade debts | 44 | €37,317 | €285,023 | +€247,707 | +664% |
| Suppliers | 440/4 | €37,317 | €285,023 | +€247,707 | +664% |
| Taxes, remuneration and social security | 45 | €97,999 | €93,307 | -€4,691 | -4.8% |
| Taxes | 450/3 | €89,336 | €81,538 | -€7,798 | -8.7% |
| Remuneration and social security | 454/9 | €8,662 | €11,769 | +€3,107 | +35.9% |
| Other amounts payable | 47/48 | €12,600 | €5,000 | -€7,600 | -60.3% |
| Turnover | 70 | - | €1,633,191 | +€1.6m | |
| Remuneration, social security and pensions | 62 | €61,836 | €72,219 | +€10,384 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,676 | €7,636 | +€2,960 | +63.3% |
| Other operating charges | 640/8 | €3,421 | €4,464 | +€1,044 | +30.5% |
| Gross operating margin | 9900 | €57,991 | €157,907 | +€99,916 | +172% |
| Operating profit (loss) | 9901 | -€11,942 | €73,587 | +€85,529 | |
| Financial charges | 65/66B | €454 | €4,405 | +€3,951 | +870% |
| Recurring financial charges | 65 | €454 | €4,405 | +€3,951 | +870% |
| Profit (loss) for the period before taxes | 9903 | -€12,396 | €69,181 | +€81,577 | |
| Income taxes | 67/77 | -€54,964 | €15,000 | +€69,964 | |
| Profit (loss) for the period | 9904 | €42,568 | €54,181 | +€11,614 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,568 | €54,181 | +€11,614 | +27.3% |
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 28 October 2026 via checked.be.