PHERIBENTZ: 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.
PHERIBENTZ
Largest movements
- Receivables within one year +€62,789
up €62,789 (+57.7%), from €108,900 to €171,689
of which Trade receivables: +€35,668
- Stocks and contracts +€42,292
up €42,292 (+11.9%), from €353,979 to €396,271
- Receivables after one year -€24,250
down €24,250 (-5.3%), from €460,750 to €436,500
- Deferred charges and accrued income +€21,550
up €21,550 (+243.1%), from €8,864 to €30,414
- Tangible fixed assets -€17,159
down €17,159 (-12.8%), from €134,055 to €116,896
of which Land and buildings: -€14,537
- Reserves -€431,977
down €431,977 (-82.2%), from €525,200 to €93,223
of which Distributable reserves: -€431,977
- Other debts +€385,044
up €385,044 (+794.7%), from €48,450 to €433,494
- Short-term financial debts +€70,000
up €70,000 (+77.8%), from €90,000 to €160,000
- Debts after one year +€25,592
up €25,592 (+8.1%), from €314,622 to €340,215
- Tax, wage and social debts +€23,971
up €23,971 (+122.2%), from €19,623 to €43,594
of which Taxes: +€26,307
- Staff costs +€9,052
up €9,052 (+5.4%), from €167,774 to €176,826
- Gross operating margin -€5,768
down €5,768 (-2.5%), from €232,087 to €226,318
- Taxes -€3,046
down €3,046 (-17.1%), from €17,771 to €14,725
- Financial income +€2,516
up €2,516 (+8.5%), from €29,700 to €32,216
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 | €1,327,557 | €1,421,092 | +€93,535 | +7.0% |
| Fixed assets | 21/28 | €335,609 | €323,042 | -€12,567 | -3.7% |
| Intangible fixed assets | 21 | - | €3,592 | +€3,592 | |
| Tangible fixed assets | 22/27 | €134,055 | €116,896 | -€17,159 | -12.8% |
| Land and buildings | 22 | €106,801 | €92,264 | -€14,537 | -13.6% |
| Plant, machinery and equipment | 23 | €14,963 | €12,998 | -€1,965 | -13.1% |
| Furniture and vehicles | 24 | €12,290 | €11,634 | -€656 | -5.3% |
| Financial fixed assets | 28 | €201,554 | €202,554 | +€1,000 | +0.5% |
| Current assets | 29/58 | €991,948 | €1,098,049 | +€106,102 | +10.7% |
| Amounts receivable after more than one year | 29 | €460,750 | €436,500 | -€24,250 | -5.3% |
| Trade receivables | 290 | €460,750 | €436,500 | -€24,250 | -5.3% |
| Stocks and contracts in progress | 3 | €353,979 | €396,271 | +€42,292 | +11.9% |
| Stocks | 30/36 | €353,979 | €396,271 | +€42,292 | +11.9% |
| Amounts receivable within one year | 40/41 | €108,900 | €171,689 | +€62,789 | +57.7% |
| Trade receivables | 40 | €43,317 | €78,985 | +€35,668 | +82.3% |
| Other amounts receivable | 41 | €65,583 | €92,704 | +€27,121 | +41.4% |
| Cash at bank and in hand | 54/58 | €59,455 | €63,175 | +€3,720 | +6.3% |
| Deferred charges and accrued income | 490/1 | €8,864 | €30,414 | +€21,550 | +243.1% |
| Total equity and liabilities | 10/49 | €1,327,557 | €1,421,092 | +€93,535 | +7.0% |
| Equity | 10/15 | €772,636 | €340,658 | -€431,977 | -55.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €525,200 | €93,223 | -€431,977 | -82.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €523,341 | €91,364 | -€431,977 | -82.5% |
| Profit (loss) carried forward | 14 | €228,843 | €228,843 | = | 0.0% |
| Amounts payable | 17/49 | €554,921 | €1,080,433 | +€525,512 | +94.7% |
| Amounts payable after more than one year | 17 | €314,622 | €340,215 | +€25,592 | +8.1% |
| Financial debts | 170/4 | €314,622 | €340,215 | +€25,592 | +8.1% |
| Amounts payable within one year | 42/48 | €240,298 | €740,219 | +€499,920 | +208.0% |
| Current portion of amounts payable after more than one year | 42 | €12,269 | €12,731 | +€462 | +3.8% |
| Financial debts | 43 | €90,000 | €160,000 | +€70,000 | +77.8% |
| Credit institutions | 430/8 | €90,000 | €160,000 | +€70,000 | +77.8% |
| Trade debts | 44 | €43,064 | €50,819 | +€7,755 | +18.0% |
| Suppliers | 440/4 | €43,064 | €50,819 | +€7,755 | +18.0% |
| Advances received on contracts in progress | 46 | €26,893 | €39,581 | +€12,688 | +47.2% |
| Taxes, remuneration and social security | 45 | €19,623 | €43,594 | +€23,971 | +122.2% |
| Taxes | 450/3 | €17,287 | €43,594 | +€26,307 | +152.2% |
| Remuneration and social security | 454/9 | €2,337 | - | -€2,337 | |
| Other amounts payable | 47/48 | €48,450 | €433,494 | +€385,044 | +794.7% |
| Remuneration, social security and pensions | 62 | €167,774 | €176,826 | +€9,052 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,467 | €24,108 | +€1,641 | +7.3% |
| Other operating charges | 640/8 | €2,933 | €1,204 | -€1,729 | -59.0% |
| Non-recurring operating charges | 66A | €3,507 | €0 | -€3,507 | -100.0% |
| Gross operating margin | 9900 | €232,087 | €226,318 | -€5,768 | -2.5% |
| Operating profit (loss) | 9901 | €35,405 | €24,180 | -€11,225 | -31.7% |
| Financial income | 75/76B | €29,700 | €32,216 | +€2,516 | +8.5% |
| Recurring financial income | 75 | €29,700 | €32,216 | +€2,516 | +8.5% |
| Financial charges | 65/66B | €12,226 | €11,628 | -€598 | -4.9% |
| Recurring financial charges | 65 | €12,226 | €11,628 | -€598 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €52,879 | €44,768 | -€8,112 | -15.3% |
| Income taxes | 67/77 | €17,771 | €14,725 | -€3,046 | -17.1% |
| Profit (loss) for the period | 9904 | €35,108 | €30,042 | -€5,066 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,108 | €30,042 | -€5,066 | -14.4% |
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 4 October 2026 via checked.be.