PHIDEMA: 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.
PHIDEMA
Largest movements
- Tangible fixed assets -€11,612
down €11,612 (-8.1%), from €143,226 to €131,613
of which Land and buildings: -€6,801
- Receivables within one year +€2,727
up €2,727 (+393.8%), from €692 to €3,419
of which Other amounts receivable: +€2,688
- Cash +€1,791
up €1,791 (+25.6%), from €6,985 to €8,776
mainly Other debts (+€80,425) and Depreciation (+€12,434)
- Debts after one year -€86,569
down €86,569 (-66.9%), from €129,469 to €42,900
of which Other amounts payable: -€80,000
- Other debts +€80,425
up €80,425 (+86.3%), from €93,230 to €173,656
- Current portion of long-term debt -€4,304
down €4,304 (-39.6%), from €10,873 to €6,569
- Profit (loss) carried forward +€4,148
up €4,148 (+4.0%), from -€103,061 to -€98,913
- Turnover +€9,705
up €9,705 (+36.3%), from €26,772 to €36,477
- Purchases and services +€9,370
up €9,370 (+55.4%), from €16,900 to €26,270
- Financial charges -€471
down €471 (-40.5%), from €1,162 to €691
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 | €151,298 | €144,212 | -€7,087 | -4.7% |
| Fixed assets | 21/28 | €143,226 | €131,613 | -€11,612 | -8.1% |
| Tangible fixed assets | 22/27 | €143,226 | €131,613 | -€11,612 | -8.1% |
| Land and buildings | 22 | €123,648 | €116,847 | -€6,801 | -5.5% |
| Plant, machinery and equipment | 23 | €2,610 | €1,870 | -€740 | -28.4% |
| Furniture and vehicles | 24 | €16,968 | €12,897 | -€4,072 | -24.0% |
| Current assets | 29/58 | €8,073 | €12,598 | +€4,526 | +56.1% |
| Amounts receivable within one year | 40/41 | €692 | €3,419 | +€2,727 | +393.8% |
| Trade receivables | 40 | €692 | €731 | +€39 | +5.6% |
| Other amounts receivable | 41 | - | €2,688 | +€2,688 | |
| Cash at bank and in hand | 54/58 | €6,985 | €8,776 | +€1,791 | +25.6% |
| Deferred charges and accrued income | 490/1 | €395 | €403 | +€8 | +2.0% |
| Total equity and liabilities | 10/49 | €151,298 | €144,212 | -€7,087 | -4.7% |
| Equity | 10/15 | -€83,061 | -€78,913 | +€4,148 | +5.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,061 | -€98,913 | +€4,148 | +4.0% |
| Amounts payable | 17/49 | €234,359 | €223,124 | -€11,235 | -4.8% |
| Amounts payable after more than one year | 17 | €129,469 | €42,900 | -€86,569 | -66.9% |
| Financial debts | 170/4 | €6,569 | - | -€6,569 | |
| Other amounts payable | 178/9 | €122,900 | €42,900 | -€80,000 | -65.1% |
| Amounts payable within one year | 42/48 | €104,890 | €180,224 | +€75,334 | +71.8% |
| Current portion of amounts payable after more than one year | 42 | €10,873 | €6,569 | -€4,304 | -39.6% |
| Trade debts | 44 | €421 | - | -€421 | |
| Suppliers | 440/4 | €421 | - | -€421 | |
| Taxes, remuneration and social security | 45 | €366 | - | -€366 | |
| Taxes | 450/3 | €366 | - | -€366 | |
| Other amounts payable | 47/48 | €93,230 | €173,656 | +€80,425 | +86.3% |
| Turnover | 70 | €26,772 | €36,477 | +€9,705 | +36.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €16,900 | €26,270 | +€9,370 | +55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,687 | €12,434 | -€253 | -2.0% |
| Other operating charges | 640/8 | €1,845 | €1,902 | +€57 | +3.1% |
| Gross operating margin | 9900 | €19,098 | €19,174 | +€76 | +0.4% |
| Operating profit (loss) | 9901 | €4,566 | €4,838 | +€272 | +6.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,162 | €691 | -€471 | -40.5% |
| Recurring financial charges | 65 | €1,162 | €691 | -€471 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €3,404 | €4,148 | +€744 | +21.9% |
| Income taxes | 67/77 | €188 | €0 | -€188 | -99.9% |
| Profit (loss) for the period | 9904 | €3,216 | €4,148 | +€932 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,216 | €4,148 | +€932 | +29.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.