PHIMALUX: 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.
PHIMALUX
Largest movements
- Tangible fixed assets -€17,775
down €17,775 (-8.2%), from €216,268 to €198,493
- Cash -€3,198
down €3,198 (-46.6%), from €6,860 to €3,662
mainly Other debts (-€19,000) and Net result for the year (-€1,990)
- Other debts -€19,000
down €19,000 (-14.6%), from €130,023 to €111,023
- Depreciation -€7,294
down €7,294 (-29.1%), from €25,069 to €17,775
- Gross operating margin -€620
down €620 (-3.2%), from €19,433 to €18,812
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 | €233,425 | €212,038 | -€21,387 | -9.2% |
| Fixed assets | 21/28 | €216,268 | €198,493 | -€17,775 | -8.2% |
| Tangible fixed assets | 22/27 | €216,268 | €198,493 | -€17,775 | -8.2% |
| Land and buildings | 22 | €216,268 | €198,493 | -€17,775 | -8.2% |
| Current assets | 29/58 | €17,156 | €13,545 | -€3,612 | -21.1% |
| Amounts receivable within one year | 40/41 | €34 | €16 | -€18 | -52.4% |
| Other amounts receivable | 41 | €34 | €16 | -€18 | -52.4% |
| Current investments | 50/53 | €9,513 | €9,546 | +€33 | +0.3% |
| Cash at bank and in hand | 54/58 | €6,860 | €3,662 | -€3,198 | -46.6% |
| Deferred charges and accrued income | 490/1 | €749 | €320 | -€428 | -57.2% |
| Total equity and liabilities | 10/49 | €233,425 | €212,038 | -€21,387 | -9.2% |
| Equity | 10/15 | €102,987 | €100,997 | -€1,990 | -1.9% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €52,649 | €52,649 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,070 | €3,070 | = | 0.0% |
| Distributable reserves | 133 | €49,579 | €49,579 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,887 | €27,897 | -€1,990 | -6.7% |
| Amounts payable | 17/49 | €130,438 | €111,041 | -€19,397 | -14.9% |
| Amounts payable within one year | 42/48 | €130,438 | €111,041 | -€19,397 | -14.9% |
| Trade debts | 44 | €415 | €17 | -€397 | -95.8% |
| Suppliers | 440/4 | €415 | €17 | -€397 | -95.8% |
| Other amounts payable | 47/48 | €130,023 | €111,023 | -€19,000 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,069 | €17,775 | -€7,294 | -29.1% |
| Other operating charges | 640/8 | €2,931 | €3,024 | +€93 | +3.2% |
| Gross operating margin | 9900 | €19,433 | €18,812 | -€620 | -3.2% |
| Operating profit (loss) | 9901 | -€8,568 | -€1,987 | +€6,581 | +76.8% |
| Financial income | 75/76B | €114 | €103 | -€11 | -9.2% |
| Recurring financial income | 75 | €114 | €103 | -€11 | -9.2% |
| Financial charges | 65/66B | €97 | €106 | +€9 | +9.4% |
| Recurring financial charges | 65 | €97 | €106 | +€9 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,551 | -€1,990 | +€6,561 | +76.7% |
| Income taxes | 67/77 | -€10 | - | +€10 | |
| Profit (loss) for the period | 9904 | -€8,541 | -€1,990 | +€6,552 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,541 | -€1,990 | +€6,552 | +76.7% |
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 12 October 2026 via checked.be.