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PHIBOTI: 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.

What changed

PHIBOTI

BE 0878.929.272
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€15,641
2023 · -€4,247+€19,888
Equity
€117,176
2023 · €101,535+€15,641
Cash
€6,014
2023 · €1,304+€4,710
Balance sheet total
€509,467
2023 · €529,812-€20,346

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€27,856

    down €27,856 (-5.3%), from €526,123 to €498,268

    of which Land and buildings: -€23,576

Equity and liabilities
  • Other debts -€29,000

    down €29,000 (-6.9%), from €420,903 to €391,903

  • Profit (loss) carried forward +€15,641

    up €15,641 (+19.9%), from -€78,465 to -€62,824

  • Trade debts -€6,987

    down €6,987 (-94.7%), from €7,374 to €387

Income statement
  • Gross operating margin +€19,697

    up €19,697 (+58.8%), from €33,520 to €53,217

  • Depreciation -€625

    down €625 (-2.2%), from €28,480 to €27,856

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€4,247
Gross operating margin +€19,697
Depreciation +€625
Other operating charges -€390
Financial income -€82
Financial charges +€14
Taxes +€25
Result 2024 €15,641

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€4,710
Investment €0
Financing €0
Cash 2023 €1,304
Net result for the year +€15,641
Depreciation +€27,856
Deferred charges and accrued income -€2,800
Trade debts -€6,987
Other debts -€29,000
Cash 2024 €6,014
Every line side by side 31 lines
Line Code 2023 2024 Change %
Total assets 20/58 €529,812 €509,467 -€20,346 -3.8%
Fixed assets 21/28 €526,123 €498,268 -€27,856 -5.3%
Tangible fixed assets 22/27 €526,123 €498,268 -€27,856 -5.3%
Land and buildings 22 €496,181 €472,606 -€23,576 -4.8%
Plant, machinery and equipment 23 €29,942 €25,662 -€4,280 -14.3%
Current assets 29/58 €3,689 €11,199 +€7,510 +203.6%
Amounts receivable within one year 40/41 €985 €985 = 0.0%
Other amounts receivable 41 €985 €985 = 0.0%
Cash at bank and in hand 54/58 €1,304 €6,014 +€4,710 +361.1%
Deferred charges and accrued income 490/1 €1,400 €4,200 +€2,800 +200.0%
Total equity and liabilities 10/49 €529,812 €509,467 -€20,346 -3.8%
Equity 10/15 €101,535 €117,176 +€15,641 +15.4%
Contributions 10/11 €180,000 €180,000 = 0.0%
Profit (loss) carried forward 14 -€78,465 -€62,824 +€15,641 +19.9%
Amounts payable 17/49 €428,277 €392,290 -€35,987 -8.4%
Amounts payable within one year 42/48 €428,277 €392,290 -€35,987 -8.4%
Trade debts 44 €7,374 €387 -€6,987 -94.7%
Suppliers 440/4 €7,374 €387 -€6,987 -94.7%
Other amounts payable 47/48 €420,903 €391,903 -€29,000 -6.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €28,480 €27,856 -€625 -2.2%
Other operating charges 640/8 €8,945 €9,335 +€390 +4.4%
Gross operating margin 9900 €33,520 €53,217 +€19,697 +58.8%
Operating profit (loss) 9901 -€3,905 €16,026 +€19,932
Financial income 75/76B €109 €26 -€82 -75.8%
Recurring financial income 75 €109 €26 -€82 -75.8%
Financial charges 65/66B €417 €404 -€14 -3.3%
Recurring financial charges 65 €417 €404 -€14 -3.3%
Profit (loss) for the period before taxes 9903 -€4,214 €15,649 +€19,863
Income taxes 67/77 €33 €8 -€25 -75.8%
Profit (loss) for the period 9904 -€4,247 €15,641 +€19,888
Profit (loss) for the period to be appropriated 9905 -€4,247 €15,641 +€19,888

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.