PHIMMO: 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.
PHIMMO
Largest movements
- Tangible fixed assets -€12,751
down €12,751 (-9.6%), from €132,539 to €119,788
of which Plant, machinery and equipment: -€10,433
- Cash -€3,984
down €3,984 (-7.1%), from €56,442 to €52,458
mainly Debts after one year (-€20,594) and Contributions, distributions and other (-€10,500)
- Receivables within one year -€2,261
down €2,261 (-98.7%), from €2,290 to €29
of which Other amounts receivable: -€2,290
- Deferred charges and accrued income +€2,241
up €2,241 (+524.2%), from €427 to €2,668
- Debts after one year -€20,594
down €20,594 (-28.9%), from €71,273 to €50,679
- Profit (loss) carried forward +€2,273
up €2,273 (+13.4%), from €16,948 to €19,220
- Gross operating margin -€4,692
down €4,692 (-10.0%), from €46,682 to €41,991
- Depreciation -€4,391
down €4,391 (-22.5%), from €19,479 to €15,088
- Financial income -€858
down €858 (-99.4%), from €864 to €5
- Financial charges -€680
down €680 (-16.4%), from €4,140 to €3,460
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 | €191,699 | €174,943 | -€16,756 | -8.7% |
| Fixed assets | 21/28 | €132,539 | €119,788 | -€12,751 | -9.6% |
| Tangible fixed assets | 22/27 | €132,539 | €119,788 | -€12,751 | -9.6% |
| Land and buildings | 22 | €64,538 | €62,220 | -€2,318 | -3.6% |
| Plant, machinery and equipment | 23 | €68,002 | €57,569 | -€10,433 | -15.3% |
| Current assets | 29/58 | €59,160 | €55,155 | -€4,004 | -6.8% |
| Amounts receivable within one year | 40/41 | €2,290 | €29 | -€2,261 | -98.7% |
| Trade receivables | 40 | €0 | €29 | +€29 | |
| Other amounts receivable | 41 | €2,290 | €0 | -€2,290 | -100.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €56,442 | €52,458 | -€3,984 | -7.1% |
| Deferred charges and accrued income | 490/1 | €427 | €2,668 | +€2,241 | +524.2% |
| Total equity and liabilities | 10/49 | €191,699 | €174,943 | -€16,756 | -8.7% |
| Equity | 10/15 | €85,258 | €87,530 | +€2,273 | +2.7% |
| Contributions | 10/11 | €62,100 | €62,100 | = | 0.0% |
| Capital | 10 | €62,100 | €62,100 | = | 0.0% |
| Issued capital | 100 | €62,100 | €62,100 | = | 0.0% |
| Reserves | 13 | €6,210 | €6,210 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,210 | €6,210 | = | 0.0% |
| Legal reserve | 130 | €6,210 | €6,210 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,948 | €19,220 | +€2,273 | +13.4% |
| Amounts payable | 17/49 | €106,441 | €87,413 | -€19,028 | -17.9% |
| Amounts payable after more than one year | 17 | €71,273 | €50,679 | -€20,594 | -28.9% |
| Financial debts | 170/4 | €71,273 | €50,679 | -€20,594 | -28.9% |
| Amounts payable within one year | 42/48 | €34,093 | €34,086 | -€7 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €20,788 | €20,594 | -€194 | -0.9% |
| Trade debts | 44 | €60 | €579 | +€519 | +866.7% |
| Suppliers | 440/4 | €60 | €579 | +€519 | +866.7% |
| Taxes, remuneration and social security | 45 | €174 | €1,316 | +€1,142 | +654.6% |
| Taxes | 450/3 | €174 | €1,316 | +€1,142 | +654.6% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €13,071 | €11,597 | -€1,474 | -11.3% |
| Accrued charges and deferred income | 492/3 | €1,075 | €2,648 | +€1,573 | +146.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,479 | €15,088 | -€4,391 | -22.5% |
| Other operating charges | 640/8 | €6,251 | €6,332 | +€81 | +1.3% |
| Gross operating margin | 9900 | €46,682 | €41,991 | -€4,692 | -10.0% |
| Operating profit (loss) | 9901 | €20,952 | €20,571 | -€381 | -1.8% |
| Financial income | 75/76B | €864 | €5 | -€858 | -99.4% |
| Recurring financial income | 75 | €864 | €5 | -€858 | -99.4% |
| Financial charges | 65/66B | €4,140 | €3,460 | -€680 | -16.4% |
| Recurring financial charges | 65 | €4,140 | €3,460 | -€680 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €17,675 | €17,116 | -€559 | -3.2% |
| Income taxes | 67/77 | €4,441 | €4,343 | -€97 | -2.2% |
| Profit (loss) for the period | 9904 | €13,235 | €12,773 | -€462 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,235 | €12,773 | -€462 | -3.5% |
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 5 October 2026 via checked.be.