PHICONBMB: 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.
PHICONBMB
Largest movements
- Current investments +€391,289
up €391,289 (+11.8%), from €3.3m to €3.7m
- Reserves +€437,216
up €437,216 (+41.2%), from €1.1m to €1.5m
of which Distributable reserves: +€437,216
- Financial income -€44,483
down €44,483 (-7.5%), from €596,061 to €551,578
- Taxes -€31,176
down €31,176 (-31.5%), from €98,828 to €67,652
- Financial charges +€25,901
up €25,901 (+165%), from €15,690 to €41,591
- Gross operating margin +€1,822
up €1,822 (+95.4%), from -€1,910 to -€88
- Other operating charges -€1,687
down €1,687 (-25.1%), from €6,718 to €5,031
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,738,509 | €5,140,486 | +€401,977 | +8.5% |
| Fixed assets | 21/28 | €1,338,100 | €1,338,100 | = | 0.0% |
| Financial fixed assets | 28 | €1,338,100 | €1,338,100 | = | 0.0% |
| Current assets | 29/58 | €3,400,409 | €3,802,386 | +€401,977 | +11.8% |
| Current investments | 50/53 | €3,312,155 | €3,703,444 | +€391,289 | +11.8% |
| Cash at bank and in hand | 54/58 | €88,254 | €98,942 | +€10,688 | +12.1% |
| Total equity and liabilities | 10/49 | €4,738,509 | €5,140,486 | +€401,977 | +8.5% |
| Equity | 10/15 | €4,628,802 | €5,066,018 | +€437,216 | +9.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €1,061,131 | €1,498,347 | +€437,216 | +41.2% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €1,041,131 | €1,478,347 | +€437,216 | +42.0% |
| Profit (loss) carried forward | 14 | €3,367,671 | €3,367,671 | = | 0.0% |
| Amounts payable | 17/49 | €109,707 | €74,468 | -€35,239 | -32.1% |
| Amounts payable within one year | 42/48 | €109,707 | €74,468 | -€35,239 | -32.1% |
| Trade debts | 44 | €6,233 | - | -€6,233 | |
| Suppliers | 440/4 | €6,233 | - | -€6,233 | |
| Taxes, remuneration and social security | 45 | €102,267 | €73,260 | -€29,007 | -28.4% |
| Taxes | 450/3 | €102,267 | €73,260 | -€29,007 | -28.4% |
| Other amounts payable | 47/48 | €1,208 | €1,208 | = | 0.0% |
| Other operating charges | 640/8 | €6,718 | €5,031 | -€1,687 | -25.1% |
| Gross operating margin | 9900 | -€1,910 | -€88 | +€1,822 | +95.4% |
| Operating profit (loss) | 9901 | -€8,627 | -€5,119 | +€3,509 | +40.7% |
| Financial income | 75/76B | €596,061 | €551,578 | -€44,483 | -7.5% |
| Recurring financial income | 75 | €596,061 | €551,578 | -€44,483 | -7.5% |
| Financial charges | 65/66B | €15,690 | €41,591 | +€25,901 | +165% |
| Recurring financial charges | 65 | €15,690 | €41,591 | +€25,901 | +165% |
| Profit (loss) for the period before taxes | 9903 | €571,744 | €504,868 | -€66,875 | -11.7% |
| Income taxes | 67/77 | €98,828 | €67,652 | -€31,176 | -31.5% |
| Profit (loss) for the period | 9904 | €472,916 | €437,216 | -€35,699 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €472,916 | €437,216 | -€35,699 | -7.5% |
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 17 October 2026 via checked.be.