PHENIX SOFTWARE: what changed
Two fiscal 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 SOFTWARE
Largest movements
- Receivables within one year -€10,078
down €10,078 (-86.1%), from €11,711 to €1,633
of which Trade receivables: -€8,556
- Cash +€4,898
up €4,898 (+100.8%), from €4,862 to €9,760
mainly Receivables within one year (+€10,078) and Depreciation (+€2,805)
- Tangible fixed assets -€2,805
down €2,805 (-21.9%), from €12,829 to €10,023
- Accrued charges and deferred income -€3,886
no longer reported in 2025 (was €3,886)
- Trade debts -€3,528
down €3,528 (-97.3%), from €3,626 to €98
- Gross operating margin +€3,245
up €3,245, from -€215 to €3,029
- Depreciation +€2,755
up €2,755 (+5472.9%), from €50 to €2,805
- Purchases and services +€763
up €763 (+12.3%), from €6,200 to €6,963
- Other operating charges +€584
up €584 (+90.4%), from €647 to €1,231
- Turnover +€127
up €127 (+2.2%), from €5,836 to €5,963
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 | €81,715 | €73,631 | -€8,083 | -9.9% |
| Fixed assets | 21/28 | €12,879 | €10,073 | -€2,805 | -21.8% |
| Tangible fixed assets | 22/27 | €12,829 | €10,023 | -€2,805 | -21.9% |
| Furniture and vehicles | 24 | €12,829 | €10,023 | -€2,805 | -21.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €68,836 | €63,558 | -€5,278 | -7.7% |
| Amounts receivable after more than one year | 29 | €52,000 | €52,000 | = | 0.0% |
| Other amounts receivable | 291 | €52,000 | €52,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,711 | €1,633 | -€10,078 | -86.1% |
| Trade receivables | 40 | €9,124 | €567 | -€8,556 | -93.8% |
| Other amounts receivable | 41 | €2,587 | €1,066 | -€1,521 | -58.8% |
| Cash at bank and in hand | 54/58 | €4,862 | €9,760 | +€4,898 | +100.8% |
| Deferred charges and accrued income | 490/1 | €264 | €165 | -€98 | -37.3% |
| Total equity and liabilities | 10/49 | €81,715 | €73,631 | -€8,083 | -9.9% |
| Equity | 10/15 | €73,190 | €72,459 | -€732 | -1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,069 | €56,069 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,148 | €3,148 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,148 | €3,148 | = | 0.0% |
| Distributable reserves | 133 | €52,921 | €52,921 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,921 | €10,190 | -€732 | -6.7% |
| Amounts payable | 17/49 | €8,524 | €1,172 | -€7,352 | -86.2% |
| Amounts payable within one year | 42/48 | €4,639 | €1,172 | -€3,466 | -74.7% |
| Trade debts | 44 | €3,626 | €98 | -€3,528 | -97.3% |
| Suppliers | 440/4 | €3,626 | €98 | -€3,528 | -97.3% |
| Taxes, remuneration and social security | 45 | €46 | - | -€46 | |
| Taxes | 450/3 | €46 | - | -€46 | |
| Other amounts payable | 47/48 | €967 | €1,074 | +€108 | +11.1% |
| Accrued charges and deferred income | 492/3 | €3,886 | - | -€3,886 | |
| Turnover | 70 | €5,836 | €5,963 | +€127 | +2.2% |
| Non-recurring operating income | 76A | €149 | - | -€149 | |
| Goods, raw materials, services and sundry goods | 60/61 | €6,200 | €6,963 | +€763 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50 | €2,805 | +€2,755 | +5472.9% |
| Other operating charges | 640/8 | €647 | €1,231 | +€584 | +90.4% |
| Gross operating margin | 9900 | -€215 | €3,029 | +€3,245 | |
| Operating profit (loss) | 9901 | -€912 | -€1,007 | -€95 | -10.4% |
| Financial income | 75/76B | €1,435 | €1,435 | -€0 | 0.0% |
| Recurring financial income | 75 | €1,435 | €1,435 | -€0 | 0.0% |
| Financial charges | 65/66B | €224 | €270 | +€46 | +20.7% |
| Recurring financial charges | 65 | €224 | €270 | +€46 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €299 | €158 | -€141 | -47.2% |
| Income taxes | 67/77 | €46 | €56 | +€10 | +22.0% |
| Profit (loss) for the period | 9904 | €253 | €101 | -€151 | -59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €253 | €101 | -€151 | -59.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.