PhH CONSULTING: 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.
PhH CONSULTING
Largest movements
- Stocks and contracts +€1.4m
up €1.4m (+18,638%), from €7,364 to €1.4m
- Receivables after one year -€120,000
down €120,000 (-50.0%), from €240,000 to €120,000
- Contributions +€685,000
up €685,000 (+1,713%), from €40,000 to €725,000
- Short-term financial debts +€397,824
up €397,824 (+11,171%), from €3,561 to €401,385
- Other debts +€211,139
up €211,139 (+21.1%), from €999,120 to €1.2m
- Debts after one year -€120,000
down €120,000 (-57.1%), from €210,000 to €90,000
- Reserves +€48,561
up €48,561 (+10.5%), from €464,136 to €512,697
- Financial charges +€26,348
up €26,348 (+50.2%), from €52,481 to €78,829
of which Financial charges: +€26,348
- Gross operating margin -€10,080
down €10,080 (-9.1%), from €110,249 to €100,169
- Financial income -€3,934
down €3,934 (-8.2%), from €47,698 to €43,765
of which Non-recurring financial income: -€2,693
- Depreciation +€3,773
up €3,773 (+12.9%), from €29,181 to €32,954
- Other operating charges +€1,330
up €1,330 (+13.4%), from €9,919 to €11,249
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.
Derived cash bridge
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 | €1,929,281 | €3,149,475 | +€1.2m | +63.2% |
| Fixed assets | 21/28 | €1,631,111 | €1,618,135 | -€12,976 | -0.8% |
| Tangible fixed assets | 22/27 | €1,630,541 | €1,618,135 | -€12,406 | -0.8% |
| Land and buildings | 22 | €1,625,989 | €1,603,592 | -€22,397 | -1.4% |
| Plant, machinery and equipment | 23 | €1,631 | €2,845 | +€1,214 | +74.4% |
| Furniture and vehicles | 24 | €2,921 | €11,698 | +€8,777 | +300% |
| Financial fixed assets | 28 | €570 | €0 | -€570 | -100% |
| Current assets | 29/58 | €298,170 | €1,531,340 | +€1.2m | +414% |
| Amounts receivable after more than one year | 29 | €240,000 | €120,000 | -€120,000 | -50.0% |
| Other amounts receivable | 291 | €240,000 | €120,000 | -€120,000 | -50.0% |
| Stocks and contracts in progress | 3 | €7,364 | €1,379,883 | +€1.4m | +18,638% |
| Stocks | 30/36 | €7,364 | €1,379,883 | +€1.4m | +18,638% |
| Amounts receivable within one year | 40/41 | €30,151 | €12,982 | -€17,170 | -56.9% |
| Trade receivables | 40 | €10,463 | €9,963 | -€500 | -4.8% |
| Other amounts receivable | 41 | €19,689 | €3,019 | -€16,670 | -84.7% |
| Cash at bank and in hand | 54/58 | €9,356 | €17,229 | +€7,874 | +84.2% |
| Deferred charges and accrued income | 490/1 | €11,298 | €1,247 | -€10,052 | -89.0% |
| Total equity and liabilities | 10/49 | €1,929,281 | €3,149,475 | +€1.2m | +63.2% |
| Equity | 10/15 | €536,558 | €1,237,697 | +€701,139 | +131% |
| Contributions | 10/11 | €40,000 | €725,000 | +€685,000 | +1,713% |
| Reserves | 13 | €464,136 | €512,697 | +€48,561 | +10.5% |
| Distributable reserves | 133 | €464,136 | €512,697 | +€48,561 | +10.5% |
| Profit (loss) carried forward | 14 | €32,422 | €0 | -€32,422 | -100% |
| Amounts payable | 17/49 | €1,392,723 | €1,911,779 | +€519,056 | +37.3% |
| Amounts payable after more than one year | 17 | €210,000 | €90,000 | -€120,000 | -57.1% |
| Financial debts | 170/4 | €210,000 | €90,000 | -€120,000 | -57.1% |
| Amounts payable within one year | 42/48 | €1,134,597 | €1,753,632 | +€619,035 | +54.6% |
| Current portion of amounts payable after more than one year | 42 | €120,000 | €120,000 | = | 0.0% |
| Financial debts | 43 | €3,561 | €401,385 | +€397,824 | +11,171% |
| Credit institutions | 430/8 | €3,561 | €401,385 | +€397,824 | +11,171% |
| Trade debts | 44 | €1,187 | €15,281 | +€14,095 | +1,188% |
| Suppliers | 440/4 | €1,187 | €15,281 | +€14,095 | +1,188% |
| Taxes, remuneration and social security | 45 | €10,729 | €6,707 | -€4,022 | -37.5% |
| Taxes | 450/3 | €10,729 | €6,707 | -€4,022 | -37.5% |
| Other amounts payable | 47/48 | €999,120 | €1,210,259 | +€211,139 | +21.1% |
| Accrued charges and deferred income | 492/3 | €48,126 | €68,147 | +€20,020 | +41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,181 | €32,954 | +€3,773 | +12.9% |
| Other operating charges | 640/8 | €9,919 | €11,249 | +€1,330 | +13.4% |
| Non-recurring operating charges | 66A | €491 | €0 | -€491 | -100% |
| Gross operating margin | 9900 | €110,249 | €100,169 | -€10,080 | -9.1% |
| Operating profit (loss) | 9901 | €70,658 | €55,967 | -€14,692 | -20.8% |
| Financial income | 75/76B | €47,698 | €43,765 | -€3,934 | -8.2% |
| Recurring financial income | 75 | €45,005 | €43,765 | -€1,241 | -2.8% |
| Non-recurring financial income | 76B | €2,693 | €0 | -€2,693 | -100% |
| Financial charges | 65/66B | €52,481 | €78,829 | +€26,348 | +50.2% |
| Recurring financial charges | 65 | €52,481 | €78,829 | +€26,348 | +50.2% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €65,876 | €20,902 | -€44,974 | -68.3% |
| Income taxes | 67/77 | €3,740 | €4,764 | +€1,024 | +27.4% |
| Profit (loss) for the period | 9904 | €62,136 | €16,139 | -€45,998 | -74.0% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €62,136 | €16,139 | -€45,998 | -74.0% |
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 21 October 2026 via checked.be.