Phianthi: 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.
Phianthi
Largest movements
- Tangible fixed assets -€34,664
down €34,664 (-12.4%), from €280,196 to €245,532
of which Furniture and vehicles: -€18,929
- Cash -€8,220
down €8,220 (-31.7%), from €25,915 to €17,694
mainly Debts after one year (-€21,612) and Advances received (-€7,570)
- Debts after one year -€21,612
down €21,612 (-8.6%), from €250,658 to €229,045
- Advances received -€7,570
down €7,570 (-32.6%), from €23,193 to €15,623
- Profit (loss) carried forward -€4,657
down €4,657 (-15.2%), from -€30,621 to -€35,278
- Other debts -€4,135
down €4,135 (-85.5%), from €4,835 to €700
- Depreciation +€3,186
up €3,186 (+8.9%), from €35,874 to €39,060
- Other operating charges +€1,809
up €1,809 (+47.6%), from €3,804 to €5,614
- Gross operating margin -€1,412
down €1,412 (-3.0%), from €46,383 to €44,971
- Taxes -€1,245
down €1,245 (-63.8%), from €1,952 to €707
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 | €307,682 | €266,547 | -€41,135 | -13.4% |
| Fixed assets | 21/28 | €280,196 | €245,532 | -€34,664 | -12.4% |
| Tangible fixed assets | 22/27 | €280,196 | €245,532 | -€34,664 | -12.4% |
| Land and buildings | 22 | €203,690 | €188,092 | -€15,599 | -7.7% |
| Plant, machinery and equipment | 23 | €1,646 | €1,510 | -€136 | -8.3% |
| Furniture and vehicles | 24 | €74,860 | €55,931 | -€18,929 | -25.3% |
| Current assets | 29/58 | €27,486 | €21,015 | -€6,471 | -23.5% |
| Amounts receivable within one year | 40/41 | €183 | €1,851 | +€1,668 | +913% |
| Trade receivables | 40 | €135 | - | -€135 | |
| Other amounts receivable | 41 | €48 | €1,851 | +€1,803 | +3,783% |
| Cash at bank and in hand | 54/58 | €25,915 | €17,694 | -€8,220 | -31.7% |
| Deferred charges and accrued income | 490/1 | €1,389 | €1,470 | +€81 | +5.8% |
| Total equity and liabilities | 10/49 | €307,682 | €266,547 | -€41,135 | -13.4% |
| Equity | 10/15 | €5,579 | €922 | -€4,657 | -83.5% |
| Contributions | 10/11 | €36,200 | €36,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,621 | -€35,278 | -€4,657 | -15.2% |
| Amounts payable | 17/49 | €302,103 | €265,625 | -€36,478 | -12.1% |
| Amounts payable after more than one year | 17 | €250,658 | €229,045 | -€21,612 | -8.6% |
| Financial debts | 170/4 | €250,658 | €229,045 | -€21,612 | -8.6% |
| Amounts payable within one year | 42/48 | €51,445 | €36,580 | -€14,865 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €20,311 | €18,986 | -€1,326 | -6.5% |
| Trade debts | 44 | €2,708 | €1,270 | -€1,437 | -53.1% |
| Suppliers | 440/4 | €2,708 | €1,270 | -€1,437 | -53.1% |
| Advances received on contracts in progress | 46 | €23,193 | €15,623 | -€7,570 | -32.6% |
| Taxes, remuneration and social security | 45 | €398 | - | -€398 | |
| Taxes | 450/3 | €398 | - | -€398 | |
| Other amounts payable | 47/48 | €4,835 | €700 | -€4,135 | -85.5% |
| Remuneration, social security and pensions | 62 | - | €33 | +€33 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,874 | €39,060 | +€3,186 | +8.9% |
| Other operating charges | 640/8 | €3,804 | €5,614 | +€1,809 | +47.6% |
| Gross operating margin | 9900 | €46,383 | €44,971 | -€1,412 | -3.0% |
| Operating profit (loss) | 9901 | €6,705 | €265 | -€6,440 | -96.0% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €3,938 | €4,215 | +€277 | +7.0% |
| Recurring financial charges | 65 | €3,938 | €4,215 | +€277 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €2,767 | -€3,950 | -€6,716 | |
| Income taxes | 67/77 | €1,952 | €707 | -€1,245 | -63.8% |
| Profit (loss) for the period | 9904 | €814 | -€4,657 | -€5,471 | |
| Profit (loss) for the period to be appropriated | 9905 | €814 | -€4,657 | -€5,471 |
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 23 October 2026 via checked.be.