PHIMACOM: 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.
PHIMACOM
Largest movements
- Receivables within one year +€25,598
up €25,598 (+68.8%), from €37,215 to €62,813
of which Other amounts receivable: +€17,884
- Tangible fixed assets -€7,444
down €7,444 (-32.4%), from €23,011 to €15,567
of which Leasing and similar rights: -€9,283
- Current investments +€4,900
up €4,900 (+19.5%), from €25,188 to €30,088
- Other debts +€25,000
new in 2025: €25,000
- Debts after one year -€12,243
no longer reported in 2025 (was €12,243)
- Current portion of long-term debt +€4,308
up €4,308 (+54.3%), from €7,935 to €12,243
- Tax, wage and social debts +€3,744
up €3,744 (+15.8%), from €23,700 to €27,444
- Turnover -€43,185
down €43,185 (-21.0%), from €205,560 to €162,375
- Gross operating margin -€33,154
down €33,154 (-40.7%), from €81,510 to €48,356
- Taxes -€10,482
down €10,482 (-44.7%), from €23,425 to €12,944
- Purchases and services -€9,536
down €9,536 (-7.6%), from €125,856 to €116,320
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 | €344,027 | €369,359 | +€25,331 | +7.4% |
| Fixed assets | 21/28 | €23,011 | €15,567 | -€7,444 | -32.4% |
| Tangible fixed assets | 22/27 | €23,011 | €15,567 | -€7,444 | -32.4% |
| Land and buildings | 22 | €2,194 | - | -€2,194 | |
| Plant, machinery and equipment | 23 | - | €1,919 | +€1,919 | |
| Furniture and vehicles | 24 | €3,370 | €5,483 | +€2,114 | +62.7% |
| Leasing and similar rights | 25 | €17,448 | €8,164 | -€9,283 | -53.2% |
| Current assets | 29/58 | €321,016 | €353,791 | +€32,775 | +10.2% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,215 | €62,813 | +€25,598 | +68.8% |
| Trade receivables | 40 | €10,890 | €18,604 | +€7,714 | +70.8% |
| Other amounts receivable | 41 | €26,325 | €44,209 | +€17,884 | +67.9% |
| Current investments | 50/53 | €25,188 | €30,088 | +€4,900 | +19.5% |
| Cash at bank and in hand | 54/58 | €6,027 | €5,739 | -€289 | -4.8% |
| Deferred charges and accrued income | 490/1 | €2,585 | €5,152 | +€2,566 | +99.3% |
| Total equity and liabilities | 10/49 | €344,027 | €369,359 | +€25,331 | +7.4% |
| Equity | 10/15 | €283,786 | €287,162 | +€3,376 | +1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €106,855 | €109,855 | +€3,000 | +2.8% |
| Distributable reserves | 133 | €106,855 | €109,855 | +€3,000 | +2.8% |
| Profit (loss) carried forward | 14 | €170,731 | €171,107 | +€376 | +0.2% |
| Amounts payable | 17/49 | €60,241 | €82,196 | +€21,956 | +36.4% |
| Amounts payable after more than one year | 17 | €12,243 | - | -€12,243 | |
| Financial debts | 170/4 | €12,243 | - | -€12,243 | |
| Amounts payable within one year | 42/48 | €47,998 | €82,196 | +€34,198 | +71.2% |
| Current portion of amounts payable after more than one year | 42 | €7,935 | €12,243 | +€4,308 | +54.3% |
| Trade debts | 44 | €16,363 | €17,510 | +€1,147 | +7.0% |
| Suppliers | 440/4 | €16,363 | €17,510 | +€1,147 | +7.0% |
| Taxes, remuneration and social security | 45 | €23,700 | €27,444 | +€3,744 | +15.8% |
| Taxes | 450/3 | €23,700 | €27,444 | +€3,744 | +15.8% |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Turnover | 70 | €205,560 | €162,375 | -€43,185 | -21.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €125,856 | €116,320 | -€9,536 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,473 | €10,884 | +€411 | +3.9% |
| Other operating charges | 640/8 | €1,716 | €1,625 | -€91 | -5.3% |
| Gross operating margin | 9900 | €81,510 | €48,356 | -€33,154 | -40.7% |
| Operating profit (loss) | 9901 | €69,321 | €35,847 | -€33,474 | -48.3% |
| Financial income | 75/76B | €5,690 | €6,683 | +€992 | +17.4% |
| Recurring financial income | 75 | €5,690 | €6,683 | +€992 | +17.4% |
| Financial charges | 65/66B | €546 | €1,211 | +€665 | +121.8% |
| Recurring financial charges | 65 | €546 | €1,211 | +€665 | +121.8% |
| Profit (loss) for the period before taxes | 9903 | €74,466 | €41,319 | -€33,147 | -44.5% |
| Income taxes | 67/77 | €23,425 | €12,944 | -€10,482 | -44.7% |
| Profit (loss) for the period | 9904 | €51,041 | €28,376 | -€22,665 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,041 | €28,376 | -€22,665 | -44.4% |
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 4 October 2026 via checked.be.