PhiCroBe: 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.
PhiCroBe
Largest movements
- Stocks and contracts -€42,201
down €42,201 (-81.1%), from €52,032 to €9,831
- Receivables within one year -€16,272
down €16,272 (-43.7%), from €37,236 to €20,965
of which Trade receivables: -€12,148
- Intangible fixed assets -€6,981
down €6,981 (-47.7%), from €14,639 to €7,658
- Cash -€4,769
down €4,769 (-49.5%), from €9,641 to €4,872
mainly Other debts (-€36,261) and Net result for the year (-€24,977)
- Deferred charges and accrued income -€1,582
down €1,582 (-76.1%), from €2,080 to €498
- Other debts -€36,261
down €36,261 (-50.8%), from €71,361 to €35,101
- Profit (loss) carried forward -€24,977
down €24,977 (-11.4%), from -€219,583 to -€244,560
- Debts after one year +€19,057
up €19,057 (+44.4%), from €42,924 to €61,981
of which Other amounts payable: +€40,000
- Trade debts -€16,296
down €16,296 (-79.2%), from €20,576 to €4,280
- Current portion of long-term debt -€16,256
down €16,256 (-43.5%), from €37,348 to €21,092
- Staff costs +€3,342
up €3,342 (+2098.5%), from €159 to €3,501
- Gross operating margin +€2,673
up €2,673 (+40.3%), from -€6,639 to -€3,965
- Depreciation -€1,517
down €1,517 (-14.4%), from €10,509 to €8,992
- Financial charges +€1,457
up €1,457 (+21.2%), from €6,863 to €8,320
- Other operating charges +€221
up €221 (+124.4%), from €178 to €399
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 | €123,345 | €48,705 | -€74,640 | -60.5% |
| Formation expenses | 20 | €1,130 | €506 | -€623 | -55.2% |
| Fixed assets | 21/28 | €21,227 | €12,033 | -€9,194 | -43.3% |
| Intangible fixed assets | 21 | €14,639 | €7,658 | -€6,981 | -47.7% |
| Tangible fixed assets | 22/27 | €3,169 | €1,781 | -€1,388 | -43.8% |
| Plant, machinery and equipment | 23 | €3,067 | €1,781 | -€1,286 | -41.9% |
| Furniture and vehicles | 24 | €102 | €0 | -€102 | -100.0% |
| Financial fixed assets | 28 | €3,420 | €2,595 | -€825 | -24.1% |
| Current assets | 29/58 | €100,989 | €36,166 | -€64,823 | -64.2% |
| Stocks and contracts in progress | 3 | €52,032 | €9,831 | -€42,201 | -81.1% |
| Stocks | 30/36 | €52,032 | €9,831 | -€42,201 | -81.1% |
| Amounts receivable within one year | 40/41 | €37,236 | €20,965 | -€16,272 | -43.7% |
| Trade receivables | 40 | €32,087 | €19,940 | -€12,148 | -37.9% |
| Other amounts receivable | 41 | €5,149 | €1,025 | -€4,124 | -80.1% |
| Cash at bank and in hand | 54/58 | €9,641 | €4,872 | -€4,769 | -49.5% |
| Deferred charges and accrued income | 490/1 | €2,080 | €498 | -€1,582 | -76.1% |
| Total equity and liabilities | 10/49 | €123,345 | €48,705 | -€74,640 | -60.5% |
| Equity | 10/15 | -€49,583 | -€74,560 | -€24,977 | -50.4% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€219,583 | -€244,560 | -€24,977 | -11.4% |
| Amounts payable | 17/49 | €172,928 | €123,265 | -€49,664 | -28.7% |
| Amounts payable after more than one year | 17 | €42,924 | €61,981 | +€19,057 | +44.4% |
| Financial debts | 170/4 | €42,924 | €21,981 | -€20,943 | -48.8% |
| Other amounts payable | 178/9 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €130,000 | €61,283 | -€68,717 | -52.9% |
| Current portion of amounts payable after more than one year | 42 | €37,348 | €21,092 | -€16,256 | -43.5% |
| Trade debts | 44 | €20,576 | €4,280 | -€16,296 | -79.2% |
| Suppliers | 440/4 | €20,576 | €4,280 | -€16,296 | -79.2% |
| Taxes, remuneration and social security | 45 | €714 | €811 | +€96 | +13.5% |
| Taxes | 450/3 | €714 | €811 | +€96 | +13.5% |
| Other amounts payable | 47/48 | €71,361 | €35,101 | -€36,261 | -50.8% |
| Accrued charges and deferred income | 492/3 | €4 | - | -€4 | |
| Remuneration, social security and pensions | 62 | €159 | €3,501 | +€3,342 | +2098.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,509 | €8,992 | -€1,517 | -14.4% |
| Other operating charges | 640/8 | €178 | €399 | +€221 | +124.4% |
| Gross operating margin | 9900 | -€6,639 | -€3,965 | +€2,673 | +40.3% |
| Operating profit (loss) | 9901 | -€17,485 | -€16,858 | +€628 | +3.6% |
| Financial income | 75/76B | €130 | €201 | +€72 | +55.3% |
| Recurring financial income | 75 | €130 | €201 | +€72 | +55.3% |
| Financial charges | 65/66B | €6,863 | €8,320 | +€1,457 | +21.2% |
| Recurring financial charges | 65 | €6,863 | €8,320 | +€1,457 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,219 | -€24,977 | -€758 | -3.1% |
| Profit (loss) for the period | 9904 | -€24,219 | -€24,977 | -€758 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,219 | -€24,977 | -€758 | -3.1% |
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 9 October 2026 via checked.be.