PHIKRICA: 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.
PHIKRICA
Largest movements
- Tangible fixed assets -€15,534
down €15,534 (-5.9%), from €263,752 to €248,218
of which Land and buildings: -€14,249
- Receivables within one year +€14,320
up €14,320 (+28.1%), from €50,968 to €65,288
of which Other amounts receivable: +€9,109
- Reserves +€14,167
up €14,167 (+29.6%), from €47,833 to €62,000
- Profit (loss) carried forward -€13,382
down €13,382 (-96.1%), from €13,919 to €538
- Other debts -€7,785
down €7,785 (-37.3%), from €20,846 to €13,061
- Debts after one year -€7,653
down €7,653 (-3.9%), from €197,199 to €189,546
- Short-term financial debts +€7,157
up €7,157 (+523%), from €1,368 to €8,526
- Gross operating margin +€15,707
up €15,707 (+55.2%), from €28,443 to €44,150
- Depreciation +€6,801
up €6,801 (+77.9%), from €8,733 to €15,534
- Financial charges +€6,523
up €6,523 (+561%), from €1,162 to €7,685
- Staff costs -€3,750
down €3,750 (-19.1%), from €19,624 to €15,874
- Other operating charges +€2,459
up €2,459 (+151%), from €1,624 to €4,083
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 | €317,469 | €317,618 | +€150 | 0.0% |
| Fixed assets | 21/28 | €264,266 | €248,732 | -€15,534 | -5.9% |
| Tangible fixed assets | 22/27 | €263,752 | €248,218 | -€15,534 | -5.9% |
| Land and buildings | 22 | €258,441 | €244,192 | -€14,249 | -5.5% |
| Plant, machinery and equipment | 23 | €3,507 | €2,597 | -€910 | -25.9% |
| Furniture and vehicles | 24 | €1,805 | €1,430 | -€375 | -20.8% |
| Financial fixed assets | 28 | €514 | €514 | = | 0.0% |
| Current assets | 29/58 | €53,203 | €68,886 | +€15,684 | +29.5% |
| Amounts receivable within one year | 40/41 | €50,968 | €65,288 | +€14,320 | +28.1% |
| Trade receivables | 40 | €17,332 | €22,543 | +€5,211 | +30.1% |
| Other amounts receivable | 41 | €33,636 | €42,745 | +€9,109 | +27.1% |
| Cash at bank and in hand | 54/58 | €178 | €178 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €2,057 | €3,421 | +€1,364 | +66.3% |
| Total equity and liabilities | 10/49 | €317,469 | €317,618 | +€150 | 0.0% |
| Equity | 10/15 | €61,752 | €62,538 | +€786 | +1.3% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €47,833 | €62,000 | +€14,167 | +29.6% |
| Distributable reserves | 133 | €47,833 | €62,000 | +€14,167 | +29.6% |
| Profit (loss) carried forward | 14 | €13,919 | €538 | -€13,382 | -96.1% |
| Amounts payable | 17/49 | €255,717 | €255,081 | -€636 | -0.2% |
| Amounts payable after more than one year | 17 | €197,199 | €189,546 | -€7,653 | -3.9% |
| Financial debts | 170/4 | €197,199 | €189,546 | -€7,653 | -3.9% |
| Amounts payable within one year | 42/48 | €58,518 | €65,534 | +€7,017 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €7,393 | €7,653 | +€260 | +3.5% |
| Financial debts | 43 | €1,368 | €8,526 | +€7,157 | +523% |
| Credit institutions | 430/8 | €1,368 | €8,526 | +€7,157 | +523% |
| Trade debts | 44 | €21,497 | €24,003 | +€2,505 | +11.7% |
| Suppliers | 440/4 | €21,497 | €24,003 | +€2,505 | +11.7% |
| Taxes, remuneration and social security | 45 | €7,413 | €12,293 | +€4,879 | +65.8% |
| Taxes | 450/3 | €3,448 | €8,126 | +€4,678 | +136% |
| Remuneration and social security | 454/9 | €3,965 | €4,167 | +€202 | +5.1% |
| Other amounts payable | 47/48 | €20,846 | €13,061 | -€7,785 | -37.3% |
| Remuneration, social security and pensions | 62 | €19,624 | €15,874 | -€3,750 | -19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,733 | €15,534 | +€6,801 | +77.9% |
| Other operating charges | 640/8 | €1,624 | €4,083 | +€2,459 | +151% |
| Gross operating margin | 9900 | €28,443 | €44,150 | +€15,707 | +55.2% |
| Operating profit (loss) | 9901 | -€1,537 | €8,659 | +€10,197 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,162 | €7,685 | +€6,523 | +561% |
| Recurring financial charges | 65 | €1,162 | €7,685 | +€6,523 | +561% |
| Profit (loss) for the period before taxes | 9903 | -€2,699 | €974 | +€3,673 | |
| Income taxes | 67/77 | €297 | €188 | -€109 | -36.6% |
| Profit (loss) for the period | 9904 | -€2,996 | €786 | +€3,782 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,996 | €786 | +€3,782 |
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 25 October 2026 via checked.be.