PHINTEX: 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.
PHINTEX
Largest movements
- Tangible fixed assets -€96,526
down €96,526 (-4.9%), from €2.0m to €1.9m
of which Land and buildings: -€79,600
- Cash +€33,286
up €33,286 (+122.4%), from €27,189 to €60,476
mainly Depreciation (+€135,246) and Other debts (+€59,608)
- Profit (loss) carried forward -€158,934
down €158,934 (-16.8%), from -€947,995 to -€1.1m
- Other debts +€59,608
up €59,608 (+4.5%), from €1.3m to €1.4m
- Depreciation +€73,995
up €73,995 (+120.8%), from €61,251 to €135,246
- Gross operating margin +€43,237
up €43,237, from -€32,067 to €11,169
- Taxes +€28,887
up €28,887 (+7688.7%), from €376 to €29,263
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 | €1,999,422 | €1,933,150 | -€66,272 | -3.3% |
| Fixed assets | 21/28 | €1,964,888 | €1,868,363 | -€96,526 | -4.9% |
| Tangible fixed assets | 22/27 | €1,964,888 | €1,868,363 | -€96,526 | -4.9% |
| Land and buildings | 22 | €1,878,418 | €1,798,818 | -€79,600 | -4.2% |
| Plant, machinery and equipment | 23 | €2,951 | €6,034 | +€3,083 | +104.5% |
| Furniture and vehicles | 24 | €83,519 | €63,510 | -€20,008 | -24.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €34,534 | €64,788 | +€30,254 | +87.6% |
| Amounts receivable within one year | 40/41 | €3,598 | €58 | -€3,540 | -98.4% |
| Trade receivables | 40 | €1,478 | €0 | -€1,478 | -100.0% |
| Other amounts receivable | 41 | €2,120 | €58 | -€2,062 | -97.3% |
| Cash at bank and in hand | 54/58 | €27,189 | €60,476 | +€33,286 | +122.4% |
| Deferred charges and accrued income | 490/1 | €3,747 | €4,254 | +€507 | +13.5% |
| Total equity and liabilities | 10/49 | €1,999,422 | €1,933,150 | -€66,272 | -3.3% |
| Equity | 10/15 | €640,061 | €481,127 | -€158,934 | -24.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,538,055 | €1,538,055 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,410 | €28,410 | = | 0.0% |
| Distributable reserves | 133 | €1,509,645 | €1,509,645 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€947,995 | -€1,106,929 | -€158,934 | -16.8% |
| Amounts payable | 17/49 | €1,359,362 | €1,452,023 | +€92,662 | +6.8% |
| Amounts payable within one year | 42/48 | €1,349,914 | €1,447,858 | +€97,945 | +7.3% |
| Trade debts | 44 | €11,133 | €29,859 | +€18,726 | +168.2% |
| Suppliers | 440/4 | €11,133 | €29,859 | +€18,726 | +168.2% |
| Taxes, remuneration and social security | 45 | €995 | €20,606 | +€19,611 | +1971.0% |
| Taxes | 450/3 | €995 | €20,606 | +€19,611 | +1971.0% |
| Other amounts payable | 47/48 | €1,337,786 | €1,397,394 | +€59,608 | +4.5% |
| Accrued charges and deferred income | 492/3 | €9,448 | €4,165 | -€5,283 | -55.9% |
| Non-recurring operating income | 76A | €16,529 | €318 | -€16,211 | -98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,251 | €135,246 | +€73,995 | +120.8% |
| Other operating charges | 640/8 | €5,167 | €5,401 | +€234 | +4.5% |
| Gross operating margin | 9900 | -€32,067 | €11,169 | +€43,237 | |
| Operating profit (loss) | 9901 | -€98,485 | -€129,478 | -€30,992 | -31.5% |
| Financial income | 75/76B | €1 | €1 | +€0 | +15.4% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +15.4% |
| Financial charges | 65/66B | €65 | €194 | +€129 | +199.5% |
| Recurring financial charges | 65 | €65 | €194 | +€129 | +199.5% |
| Profit (loss) for the period before taxes | 9903 | -€98,549 | -€129,671 | -€31,122 | -31.6% |
| Income taxes | 67/77 | €376 | €29,263 | +€28,887 | +7688.7% |
| Profit (loss) for the period | 9904 | -€98,925 | -€158,934 | -€60,009 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€98,925 | -€158,934 | -€60,009 | -60.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.