PHIBONACCI Management 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.
PHIBONACCI Management Consulting
Largest movements
- Cash -€80,191
down €80,191 (-90.8%), from €88,285 to €8,093
mainly Net result for the year (-€76,377) and Current investments (-€43,803)
- Current investments +€43,803
up €43,803 (+2.1%), from €2.1m to €2.1m
- Reserves -€76,377
down €76,377 (-3.9%), from €2.0m to €1.9m
- Financial income -€359,241
down €359,241 (-66.4%), from €540,625 to €181,384
- Financial charges -€264,000
down €264,000 (-66.9%), from €394,510 to €130,510
- Gross operating margin -€166,596
down €166,596, from €81,154 to -€85,442
- Taxes -€141,146
down €141,146 (-89.0%), from €158,673 to €17,527
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 | €2,245,437 | €2,186,127 | -€59,310 | -2.6% |
| Fixed assets | 21/28 | €76,052 | €53,872 | -€22,181 | -29.2% |
| Tangible fixed assets | 22/27 | €73,122 | €50,942 | -€22,181 | -30.3% |
| Plant, machinery and equipment | 23 | €587 | €521 | -€66 | -11.2% |
| Furniture and vehicles | 24 | €72,535 | €50,421 | -€22,115 | -30.5% |
| Financial fixed assets | 28 | €2,930 | €2,930 | = | 0.0% |
| Current assets | 29/58 | €2,169,385 | €2,132,255 | -€37,130 | -1.7% |
| Stocks and contracts in progress | 3 | €1,166 | €1,166 | = | 0.0% |
| Stocks | 30/36 | €1,166 | €1,166 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,787 | €1,046 | -€741 | -41.5% |
| Trade receivables | 40 | €603 | €637 | +€34 | +5.7% |
| Other amounts receivable | 41 | €1,184 | €409 | -€775 | -65.5% |
| Current investments | 50/53 | €2,078,147 | €2,121,950 | +€43,803 | +2.1% |
| Cash at bank and in hand | 54/58 | €88,285 | €8,093 | -€80,191 | -90.8% |
| Total equity and liabilities | 10/49 | €2,245,437 | €2,186,127 | -€59,310 | -2.6% |
| Equity | 10/15 | €1,994,314 | €1,917,937 | -€76,377 | -3.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,981,914 | €1,905,537 | -€76,377 | -3.9% |
| Distributable reserves | 133 | €1,981,914 | €1,905,537 | -€76,377 | -3.9% |
| Amounts payable | 17/49 | €251,123 | €268,190 | +€17,067 | +6.8% |
| Amounts payable after more than one year | 17 | €29,132 | €10,960 | -€18,172 | -62.4% |
| Financial debts | 170/4 | €29,132 | €10,960 | -€18,172 | -62.4% |
| Amounts payable within one year | 42/48 | €221,991 | €257,230 | +€35,239 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €17,419 | €18,172 | +€753 | +4.3% |
| Trade debts | 44 | €5,323 | €9,822 | +€4,499 | +84.5% |
| Suppliers | 440/4 | €5,323 | €9,822 | +€4,499 | +84.5% |
| Taxes, remuneration and social security | 45 | €145,538 | €163,025 | +€17,487 | +12.0% |
| Taxes | 450/3 | €145,538 | €163,025 | +€17,487 | +12.0% |
| Other amounts payable | 47/48 | €53,711 | €66,211 | +€12,500 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,161 | €22,181 | +€20 | +0.1% |
| Other operating charges | 640/8 | €2,120 | €2,102 | -€18 | -0.8% |
| Gross operating margin | 9900 | €81,154 | -€85,442 | -€166,596 | |
| Operating profit (loss) | 9901 | €56,873 | -€109,725 | -€166,598 | |
| Financial income | 75/76B | €540,625 | €181,384 | -€359,241 | -66.4% |
| Recurring financial income | 75 | €540,625 | €181,384 | -€359,241 | -66.4% |
| Financial charges | 65/66B | €394,510 | €130,510 | -€264,000 | -66.9% |
| Recurring financial charges | 65 | €394,510 | €130,510 | -€264,000 | -66.9% |
| Profit (loss) for the period before taxes | 9903 | €202,988 | -€58,851 | -€261,839 | |
| Income taxes | 67/77 | €158,673 | €17,527 | -€141,146 | -89.0% |
| Profit (loss) for the period | 9904 | €44,316 | -€76,377 | -€120,693 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,316 | -€76,377 | -€120,693 |
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 26 October 2026 via checked.be.