PHI.CONSULTING: 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.
PHI.CONSULTING
Largest movements
- Receivables within one year +€32,456
up €32,456 (+230.1%), from €14,105 to €46,561
- Current investments -€13,692
down €13,692 (-3.7%), from €367,735 to €354,043
- Other debts +€17,093
up €17,093 (+28.9%), from €59,138 to €76,231
- Debts after one year -€10,000
no longer reported in 2025 (was €10,000)
- Reserves +€9,590
up €9,590 (+12.3%), from €77,750 to €87,340
- Taxes +€22,143
up €22,143 (+691.5%), from €3,202 to €25,345
- Gross operating margin -€18,855
down €18,855 (-28.1%), from €66,995 to €48,140
- Turnover -€9,830
down €9,830 (-6.5%), from €152,171 to €142,341
- Purchases and services +€9,025
up €9,025 (+10.6%), from €85,176 to €94,201
- Depreciation +€3,281
up €3,281 (+42.3%), from €7,750 to €11,031
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €442,720 | €457,000 | +€14,280 | +3.2% |
| Fixed assets | 21/28 | €60,500 | €56,396 | -€4,104 | -6.8% |
| Tangible fixed assets | 22/27 | €45,500 | €41,396 | -€4,104 | -9.0% |
| Land and buildings | 22 | €45,000 | €37,500 | -€7,500 | -16.7% |
| Furniture and vehicles | 24 | €500 | €3,896 | +€3,396 | +679.2% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €382,220 | €400,604 | +€18,384 | +4.8% |
| Amounts receivable within one year | 40/41 | €14,105 | €46,561 | +€32,456 | +230.1% |
| Trade receivables | 40 | €14,105 | €46,561 | +€32,456 | +230.1% |
| Current investments | 50/53 | €367,735 | €354,043 | -€13,692 | -3.7% |
| Deferred charges and accrued income | 490/1 | €380 | - | -€380 | |
| Total equity and liabilities | 10/49 | €442,720 | €457,000 | +€14,280 | +3.2% |
| Equity | 10/15 | €361,719 | €371,309 | +€9,590 | +2.7% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €77,750 | €87,340 | +€9,590 | +12.3% |
| Non-distributable reserves | 130/1 | €77,750 | €87,340 | +€9,590 | +12.3% |
| Reserves not available under the articles | 1311 | €1,200 | €1,200 | = | 0.0% |
| Other | 1319 | €76,550 | €86,140 | +€9,590 | +12.5% |
| Profit (loss) carried forward | 14 | €277,469 | €277,469 | = | 0.0% |
| Amounts payable | 17/49 | €81,001 | €85,691 | +€4,690 | +5.8% |
| Amounts payable after more than one year | 17 | €10,000 | - | -€10,000 | |
| Financial debts | 170/4 | €10,000 | - | -€10,000 | |
| Amounts payable within one year | 42/48 | €71,001 | €85,691 | +€14,690 | +20.7% |
| Trade debts | 44 | €4,798 | €4,798 | = | 0.0% |
| Suppliers | 440/4 | €4,798 | €4,798 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,065 | €4,662 | -€2,403 | -34.0% |
| Remuneration and social security | 454/9 | €7,065 | €4,662 | -€2,403 | -34.0% |
| Other amounts payable | 47/48 | €59,138 | €76,231 | +€17,093 | +28.9% |
| Turnover | 70 | €152,171 | €142,341 | -€9,830 | -6.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €85,176 | €94,201 | +€9,025 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,750 | €11,031 | +€3,281 | +42.3% |
| Other operating charges | 640/8 | €1,915 | €1,733 | -€182 | -9.5% |
| Gross operating margin | 9900 | €66,995 | €48,140 | -€18,855 | -28.1% |
| Operating profit (loss) | 9901 | €57,330 | €35,376 | -€21,954 | -38.3% |
| Financial charges | 65/66B | €732 | €442 | -€290 | -39.6% |
| Recurring financial charges | 65 | €732 | €442 | -€290 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €56,598 | €34,934 | -€21,664 | -38.3% |
| Income taxes | 67/77 | €3,202 | €25,345 | +€22,143 | +691.5% |
| Profit (loss) for the period | 9904 | €53,396 | €9,589 | -€43,807 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,396 | €9,589 | -€43,807 | -82.0% |
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 29 September 2026 via checked.be.