Phina Consultancy: 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.
Phina Consultancy
Largest movements
- Cash -€6,687
down €6,687 (-52.5%), from €12,731 to €6,044
mainly Tax, wage and social debts (-€7,724) and Net result for the year (-€3,015)
- Receivables within one year -€3,786
down €3,786 (-31.3%), from €12,113 to €8,327
of which Trade receivables: -€12,100
- Tangible fixed assets -€595
down €595 (-21.6%), from €2,752 to €2,157
- Tax, wage and social debts -€7,724
down €7,724 (-84.7%), from €9,118 to €1,393
- Reserves -€3,015
down €3,015 (-26.3%), from €11,460 to €8,445
- Gross operating margin -€17,358
down €17,358, from €15,164 to -€2,195
- Taxes -€3,212
down €3,212 (-94.7%), from €3,393 to €181
- Depreciation +€372
up €372 (+166.4%), from €223 to €595
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 | €28,178 | €17,308 | -€10,870 | -38.6% |
| Fixed assets | 21/28 | €2,752 | €2,157 | -€595 | -21.6% |
| Tangible fixed assets | 22/27 | €2,752 | €2,157 | -€595 | -21.6% |
| Furniture and vehicles | 24 | €2,752 | €2,157 | -€595 | -21.6% |
| Current assets | 29/58 | €25,426 | €15,151 | -€10,275 | -40.4% |
| Amounts receivable within one year | 40/41 | €12,113 | €8,327 | -€3,786 | -31.3% |
| Trade receivables | 40 | €12,100 | €0 | -€12,100 | -100.0% |
| Other amounts receivable | 41 | €13 | €8,327 | +€8,314 | +63657.7% |
| Cash at bank and in hand | 54/58 | €12,731 | €6,044 | -€6,687 | -52.5% |
| Deferred charges and accrued income | 490/1 | €582 | €781 | +€198 | +34.0% |
| Total equity and liabilities | 10/49 | €28,178 | €17,308 | -€10,870 | -38.6% |
| Equity | 10/15 | €18,460 | €15,445 | -€3,015 | -16.3% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €11,460 | €8,445 | -€3,015 | -26.3% |
| Distributable reserves | 133 | €11,460 | €8,445 | -€3,015 | -26.3% |
| Amounts payable | 17/49 | €9,718 | €1,863 | -€7,855 | -80.8% |
| Amounts payable within one year | 42/48 | €9,718 | €1,863 | -€7,855 | -80.8% |
| Trade debts | 44 | €601 | €470 | -€131 | -21.7% |
| Suppliers | 440/4 | €601 | €470 | -€131 | -21.7% |
| Taxes, remuneration and social security | 45 | €9,118 | €1,393 | -€7,724 | -84.7% |
| Taxes | 450/3 | €9,118 | €1,393 | -€7,724 | -84.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223 | €595 | +€372 | +166.4% |
| Other operating charges | 640/8 | €50 | €120 | +€70 | +140.0% |
| Gross operating margin | 9900 | €15,164 | -€2,195 | -€17,358 | |
| Operating profit (loss) | 9901 | €14,890 | -€2,910 | -€17,800 | |
| Financial income | 75/76B | - | €142 | +€142 | |
| Recurring financial income | 75 | - | €142 | +€142 | |
| Financial charges | 65/66B | €37 | €65 | +€28 | +76.1% |
| Recurring financial charges | 65 | €37 | €65 | +€28 | +76.1% |
| Profit (loss) for the period before taxes | 9903 | €14,853 | -€2,834 | -€17,687 | |
| Income taxes | 67/77 | €3,393 | €181 | -€3,212 | -94.7% |
| Profit (loss) for the period | 9904 | €11,460 | -€3,015 | -€14,475 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,460 | -€3,015 | -€14,475 |
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 11 October 2026 via checked.be.