Phirok: 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.
What changed
Phirok
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€67,003
2024 · -€172,112+€239,114
Equity
€3.4m
2024 · €3.3m+€67,003
Cash
€40,442
2024 · €21,113+€19,329
Balance sheet total
€5.0m
2024 · €4.1m+€883,413
Largest movements
Assets
- Receivables after one year +€573,500
up €573,500 (+84.4%), from €679,500 to €1.3m
- Receivables within one year +€171,432
up €171,432 (+10.5%), from €1.6m to €1.8m
of which Other amounts receivable: +€390,840
- Tangible fixed assets +€117,852
up €117,852 (+8.1%), from €1.5m to €1.6m
of which Land and buildings: +€121,017
Equity and liabilities
- Debts after one year +€569,639
up €569,639 (+158.5%), from €359,423 to €929,062
of which Other amounts payable: +€573,500
- Other debts +€270,382
up €270,382 (+274.5%), from €98,511 to €368,893
- Reserves +€67,003
up €67,003 (+2.0%), from €3.3m to €3.4m
of which Distributable reserves: +€80,112
Income statement
- Financial charges -€310,346
down €310,346 (-91.2%), from €340,198 to €29,853
- Depreciation +€37,085
up €37,085 (+40.1%), from €92,443 to €129,528
- Financial income -€26,728
down €26,728 (-25.5%), from €104,764 to €78,036
- Gross operating margin -€18,216
down €18,216 (-9.3%), from €196,239 to €178,024
- Taxes -€17,555
down €17,555 (-46.5%), from €37,726 to €20,170
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.
Result 2024
-€172,112
Gross operating margin
-€18,216
Depreciation
-€37,085
Other operating charges
-€6,758
Financial income
-€26,728
Financial charges
+€310,346
Taxes
+€17,555
Result 2025
€67,003
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.
From operations
-€310,145
Investment
-€247,381
Financing
+€576,855
Cash 2024
€21,113
From operations (derived)
-€310,145
Net result for the year
+€67,003
Depreciation
+€129,528
Receivables after one year
-€573,500
Receivables within one year
-€171,432
Deferred charges and accrued income
-€1,299
Provisions
-€4,370
Trade debts
-€26,894
Tax, wage and social debts
+€3,963
Advances received
-€9,600
Other debts
+€270,382
Accrued charges and deferred income
+€6,074
Investment (derived)
-€247,381
Investment in fixed assets (net)
-€247,381
Financing
+€576,855
Debts after one year
+€569,639
Current portion of long-term debt
+€7,216
Cash 2025
€40,442
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,118,796 | €5,002,209 | +€883,413 | +21.4% |
| Fixed assets | 21/28 | €1,709,272 | €1,827,124 | +€117,852 | +6.9% |
| Tangible fixed assets | 22/27 | €1,461,574 | €1,579,427 | +€117,852 | +8.1% |
| Land and buildings | 22 | €1,367,338 | €1,488,355 | +€121,017 | +8.9% |
| Plant, machinery and equipment | 23 | €15,728 | €25,508 | +€9,780 | +62.2% |
| Furniture and vehicles | 24 | €64,989 | €47,309 | -€17,680 | -27.2% |
| Other tangible fixed assets | 26 | €13,519 | €18,255 | +€4,735 | +35.0% |
| Financial fixed assets | 28 | €247,697 | €247,697 | = | 0.0% |
| Current assets | 29/58 | €2,409,525 | €3,175,085 | +€765,560 | +31.8% |
| Amounts receivable after more than one year | 29 | €679,500 | €1,253,000 | +€573,500 | +84.4% |
| Other amounts receivable | 291 | €679,500 | €1,253,000 | +€573,500 | +84.4% |
| Amounts receivable within one year | 40/41 | €1,640,366 | €1,811,797 | +€171,432 | +10.5% |
| Trade receivables | 40 | €238,381 | €18,973 | -€219,409 | -92.0% |
| Other amounts receivable | 41 | €1,401,985 | €1,792,825 | +€390,840 | +27.9% |
| Current investments | 50/53 | €66,610 | €66,610 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,113 | €40,442 | +€19,329 | +91.6% |
| Deferred charges and accrued income | 490/1 | €1,936 | €3,235 | +€1,299 | +67.1% |
| Total equity and liabilities | 10/49 | €4,118,796 | €5,002,209 | +€883,413 | +21.4% |
| Equity | 10/15 | €3,329,582 | €3,396,584 | +€67,003 | +2.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €3,311,032 | €3,378,034 | +€67,003 | +2.0% |
| Non-distributable reserves | 130/1 | €45,100 | €45,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €45,100 | €45,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €155,745 | €142,635 | -€13,109 | -8.4% |
| Distributable reserves | 133 | €3,110,187 | €3,190,299 | +€80,112 | +2.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €51,915 | €47,545 | -€4,370 | -8.4% |
| Deferred taxes | 168 | €51,915 | €47,545 | -€4,370 | -8.4% |
| Amounts payable | 17/49 | €737,300 | €1,558,080 | +€820,780 | +111.3% |
| Amounts payable after more than one year | 17 | €359,423 | €929,062 | +€569,639 | +158.5% |
| Financial debts | 170/4 | €359,423 | €355,562 | -€3,861 | -1.1% |
| Other amounts payable | 178/9 | - | €573,500 | +€573,500 | |
| Amounts payable within one year | 42/48 | €370,952 | €616,019 | +€245,067 | +66.1% |
| Current portion of amounts payable after more than one year | 42 | €67,908 | €75,123 | +€7,216 | +10.6% |
| Trade debts | 44 | €31,200 | €4,306 | -€26,894 | -86.2% |
| Suppliers | 440/4 | €31,200 | €4,306 | -€26,894 | -86.2% |
| Advances received on contracts in progress | 46 | €154,200 | €144,600 | -€9,600 | -6.2% |
| Taxes, remuneration and social security | 45 | €19,133 | €23,096 | +€3,963 | +20.7% |
| Taxes | 450/3 | €19,133 | €23,096 | +€3,963 | +20.7% |
| Other amounts payable | 47/48 | €98,511 | €368,893 | +€270,382 | +274.5% |
| Accrued charges and deferred income | 492/3 | €6,925 | €12,999 | +€6,074 | +87.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,443 | €129,528 | +€37,085 | +40.1% |
| Other operating charges | 640/8 | €7,118 | €13,876 | +€6,758 | +94.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €196,239 | €178,024 | -€18,216 | -9.3% |
| Operating profit (loss) | 9901 | €96,678 | €34,620 | -€62,058 | -64.2% |
| Financial income | 75/76B | €104,764 | €78,036 | -€26,728 | -25.5% |
| Recurring financial income | 75 | €104,764 | €78,036 | -€26,728 | -25.5% |
| Financial charges | 65/66B | €340,198 | €29,853 | -€310,346 | -91.2% |
| Recurring financial charges | 65 | €340,198 | €29,853 | -€310,346 | -91.2% |
| Profit (loss) for the period before taxes | 9903 | -€138,756 | €82,803 | +€221,559 | |
| Transfer from deferred taxes | 780 | €4,370 | €4,370 | +€0 | 0.0% |
| Income taxes | 67/77 | €37,726 | €20,170 | -€17,555 | -46.5% |
| Profit (loss) for the period | 9904 | -€172,112 | €67,003 | +€239,114 | |
| Transfer from tax-exempt reserves | 789 | €13,109 | €13,109 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €168,854 | €0 | -€168,854 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€327,856 | €80,112 | +€407,968 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.