PHIMO: 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.
PHIMO
Largest movements
- Receivables within one year -€26,892
down €26,892 (-100.0%), from €26,892 to €0
of which Trade receivables: -€21,683
- Debts after one year -€52,822
down €52,822 (-10.3%), from €512,986 to €460,164
of which Financial debts: -€59,390
- Reserves +€24,797
up €24,797 (+3.2%), from €772,619 to €797,417
of which Distributable reserves: +€24,797
- Gross operating margin +€35,715
up €35,715 (+101.4%), from €35,239 to €70,953
- Financial income -€28,025
down €28,025 (-79.7%), from €35,144 to €7,119
- Taxes +€2,460
up €2,460 (+29.7%), from €8,290 to €10,750
- Financial charges +€851
up €851 (+3.2%), from €26,308 to €27,159
of which Financial charges: +€851
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 | €1,431,593 | €1,404,160 | -€27,433 | -1.9% |
| Fixed assets | 21/28 | €1,400,344 | €1,387,326 | -€13,018 | -0.9% |
| Tangible fixed assets | 22/27 | €46,651 | €33,633 | -€13,018 | -27.9% |
| Furniture and vehicles | 24 | €46,651 | €33,633 | -€13,018 | -27.9% |
| Financial fixed assets | 28 | €1,353,693 | €1,353,693 | = | 0.0% |
| Current assets | 29/58 | €31,250 | €16,835 | -€14,415 | -46.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €26,892 | €0 | -€26,892 | -100.0% |
| Trade receivables | 40 | €21,683 | €0 | -€21,683 | -100.0% |
| Other amounts receivable | 41 | €5,209 | €0 | -€5,209 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,358 | €16,835 | +€12,477 | +286.3% |
| Total equity and liabilities | 10/49 | €1,431,593 | €1,404,160 | -€27,433 | -1.9% |
| Equity | 10/15 | €840,853 | €862,735 | +€21,882 | +2.6% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €772,619 | €797,417 | +€24,797 | +3.2% |
| Non-distributable reserves | 130/1 | €13,000 | €13,000 | = | 0.0% |
| Legal reserve | 130 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €759,619 | €784,417 | +€24,797 | +3.3% |
| Investment grants | 15 | €4,233 | €1,318 | -€2,915 | -68.9% |
| Amounts payable | 17/49 | €590,741 | €541,426 | -€49,315 | -8.3% |
| Amounts payable after more than one year | 17 | €512,986 | €460,164 | -€52,822 | -10.3% |
| Financial debts | 170/4 | €305,126 | €245,737 | -€59,390 | -19.5% |
| Other amounts payable | 178/9 | €207,860 | €214,428 | +€6,568 | +3.2% |
| Amounts payable within one year | 42/48 | €61,229 | €65,997 | +€4,767 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €57,330 | €59,390 | +€2,059 | +3.6% |
| Trade debts | 44 | €707 | €844 | +€137 | +19.4% |
| Suppliers | 440/4 | €707 | €844 | +€137 | +19.4% |
| Taxes, remuneration and social security | 45 | €2,338 | €4,909 | +€2,571 | +110.0% |
| Taxes | 450/3 | €2,338 | €4,909 | +€2,571 | +110.0% |
| Other amounts payable | 47/48 | €854 | €854 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €16,525 | €15,265 | -€1,260 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,018 | €13,018 | = | 0.0% |
| Other operating charges | 640/8 | €1,706 | €1,738 | +€32 | +1.9% |
| Non-recurring operating charges | 66A | - | €610 | +€610 | |
| Gross operating margin | 9900 | €35,239 | €70,953 | +€35,715 | +101.4% |
| Operating profit (loss) | 9901 | €20,515 | €55,587 | +€35,072 | +171.0% |
| Financial income | 75/76B | €35,144 | €7,119 | -€28,025 | -79.7% |
| Recurring financial income | 75 | €35,144 | €7,119 | -€28,025 | -79.7% |
| Financial charges | 65/66B | €26,308 | €27,159 | +€851 | +3.2% |
| Recurring financial charges | 65 | €26,308 | €27,159 | +€851 | +3.2% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €29,351 | €35,547 | +€6,196 | +21.1% |
| Income taxes | 67/77 | €8,290 | €10,750 | +€2,460 | +29.7% |
| Profit (loss) for the period | 9904 | €21,061 | €24,797 | +€3,736 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,061 | €24,797 | +€3,736 | +17.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.