PHI 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.
PHI CONSULTING
Largest movements
- Tangible fixed assets +€52,145
up €52,145 (+13812.1%), from €378 to €52,522
- Reserves +€65,916
up €65,916 (+26.8%), from €246,357 to €312,273
- Tax, wage and social debts -€6,015
down €6,015 (-27.4%), from €21,945 to €15,929
of which Taxes: -€4,940
- Gross operating margin +€19,840
up €19,840 (+28.1%), from €70,715 to €90,555
- Taxes +€4,392
up €4,392 (+22.2%), from €19,794 to €24,186
- Financial income +€3,064
up €3,064 (+806.7%), from €380 to €3,443
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 | €285,586 | €342,475 | +€56,889 | +19.9% |
| Fixed assets | 21/28 | €378 | €52,522 | +€52,145 | +13812.1% |
| Tangible fixed assets | 22/27 | €378 | €52,522 | +€52,145 | +13812.1% |
| Furniture and vehicles | 24 | €378 | €52,522 | +€52,145 | +13812.1% |
| Current assets | 29/58 | €285,209 | €289,952 | +€4,744 | +1.7% |
| Amounts receivable within one year | 40/41 | €16,253 | €19,182 | +€2,928 | +18.0% |
| Trade receivables | 40 | €16,253 | €19,182 | +€2,928 | +18.0% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €167,597 | €168,282 | +€685 | +0.4% |
| Deferred charges and accrued income | 490/1 | €1,358 | €2,489 | +€1,130 | +83.2% |
| Total equity and liabilities | 10/49 | €285,586 | €342,475 | +€56,889 | +19.9% |
| Equity | 10/15 | €258,757 | €324,673 | +€65,916 | +25.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €246,357 | €312,273 | +€65,916 | +26.8% |
| Distributable reserves | 133 | €246,357 | €312,273 | +€65,916 | +26.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,830 | €17,802 | -€9,028 | -33.6% |
| Amounts payable within one year | 42/48 | €26,830 | €17,802 | -€9,028 | -33.6% |
| Trade debts | 44 | €1,904 | €707 | -€1,197 | -62.9% |
| Suppliers | 440/4 | €1,904 | €707 | -€1,197 | -62.9% |
| Taxes, remuneration and social security | 45 | €21,945 | €15,929 | -€6,015 | -27.4% |
| Taxes | 450/3 | €20,869 | €15,929 | -€4,940 | -23.7% |
| Remuneration and social security | 454/9 | €1,076 | €0 | -€1,076 | -100.0% |
| Other amounts payable | 47/48 | €2,981 | €1,166 | -€1,815 | -60.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €532 | €1,391 | +€859 | +161.4% |
| Other operating charges | 640/8 | €755 | €753 | -€2 | -0.2% |
| Gross operating margin | 9900 | €70,715 | €90,555 | +€19,840 | +28.1% |
| Operating profit (loss) | 9901 | €69,429 | €88,411 | +€18,983 | +27.3% |
| Financial income | 75/76B | €380 | €3,443 | +€3,064 | +806.7% |
| Recurring financial income | 75 | €380 | €3,443 | +€3,064 | +806.7% |
| Financial charges | 65/66B | €40 | €86 | +€46 | +116.7% |
| Recurring financial charges | 65 | €40 | €86 | +€46 | +116.7% |
| Profit (loss) for the period before taxes | 9903 | €69,769 | €91,769 | +€22,000 | +31.5% |
| Income taxes | 67/77 | €19,794 | €24,186 | +€4,392 | +22.2% |
| Profit (loss) for the period | 9904 | €49,975 | €67,582 | +€17,608 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,975 | €67,582 | +€17,608 | +35.2% |
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 10 October 2026 via checked.be.