Phix-it: 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.
Phix-it
Largest movements
- Cash -€5,156
down €5,156 (-81.8%), from €6,302 to €1,146
mainly Net result for the year (-€6,180) and Debts after one year (-€4,330)
- Tangible fixed assets -€4,919
down €4,919 (-14.3%), from €34,388 to €29,469
of which Furniture and vehicles: -€4,575
- Receivables within one year -€1,664
down €1,664 (-49.3%), from €3,374 to €1,710
of which Trade receivables: -€1,274
- Profit (loss) carried forward -€5,439
new in 2025: -€5,439
- Debts after one year -€4,330
down €4,330 (-48.8%), from €8,870 to €4,540
- Other debts -€921
down €921 (-39.7%), from €2,317 to €1,396
- Reserves -€741
down €741 (-3.9%), from €19,077 to €18,336
of which Distributable reserves: -€741
- Depreciation +€3,697
up €3,697 (+302.5%), from €1,222 to €4,919
- Gross operating margin -€2,718
down €2,718 (-73.1%), from €3,717 to €999
- Financial charges -€598
down €598 (-41.6%), from €1,439 to €841
- Other operating charges +€101
up €101 (+8.5%), from €1,182 to €1,283
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 | €44,767 | €32,852 | -€11,915 | -26.6% |
| Fixed assets | 21/28 | €34,388 | €29,469 | -€4,919 | -14.3% |
| Tangible fixed assets | 22/27 | €34,388 | €29,469 | -€4,919 | -14.3% |
| Land and buildings | 22 | €11,968 | €11,968 | = | 0.0% |
| Plant, machinery and equipment | 23 | €344 | - | -€344 | |
| Furniture and vehicles | 24 | €22,076 | €17,501 | -€4,575 | -20.7% |
| Current assets | 29/58 | €10,379 | €3,383 | -€6,996 | -67.4% |
| Amounts receivable within one year | 40/41 | €3,374 | €1,710 | -€1,664 | -49.3% |
| Trade receivables | 40 | €2,655 | €1,381 | -€1,274 | -48.0% |
| Other amounts receivable | 41 | €719 | €329 | -€390 | -54.2% |
| Cash at bank and in hand | 54/58 | €6,302 | €1,146 | -€5,156 | -81.8% |
| Deferred charges and accrued income | 490/1 | €703 | €527 | -€176 | -25.0% |
| Total equity and liabilities | 10/49 | €44,767 | €32,852 | -€11,915 | -26.6% |
| Equity | 10/15 | €27,761 | €21,581 | -€6,180 | -22.3% |
| Contributions | 10/11 | €8,684 | €8,684 | = | 0.0% |
| Reserves | 13 | €19,077 | €18,336 | -€741 | -3.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,217 | €16,476 | -€741 | -4.3% |
| Profit (loss) carried forward | 14 | - | -€5,439 | -€5,439 | |
| Amounts payable | 17/49 | €17,006 | €11,271 | -€5,735 | -33.7% |
| Amounts payable after more than one year | 17 | €8,870 | €4,540 | -€4,330 | -48.8% |
| Financial debts | 170/4 | €8,870 | €4,540 | -€4,330 | -48.8% |
| Amounts payable within one year | 42/48 | €8,136 | €6,731 | -€1,405 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €4,130 | €4,330 | +€200 | +4.8% |
| Trade debts | 44 | €1,088 | €741 | -€347 | -31.9% |
| Suppliers | 440/4 | €1,088 | €741 | -€347 | -31.9% |
| Taxes, remuneration and social security | 45 | €601 | €264 | -€337 | -56.1% |
| Taxes | 450/3 | €601 | €264 | -€337 | -56.1% |
| Other amounts payable | 47/48 | €2,317 | €1,396 | -€921 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,222 | €4,919 | +€3,697 | +302.5% |
| Other operating charges | 640/8 | €1,182 | €1,283 | +€101 | +8.5% |
| Non-recurring operating charges | 66A | €2,238 | - | -€2,238 | |
| Gross operating margin | 9900 | €3,717 | €999 | -€2,718 | -73.1% |
| Operating profit (loss) | 9901 | -€925 | -€5,203 | -€4,278 | -462.5% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,439 | €841 | -€598 | -41.6% |
| Recurring financial charges | 65 | €1,439 | €841 | -€598 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,364 | -€6,039 | -€3,675 | -155.5% |
| Income taxes | 67/77 | €124 | €141 | +€17 | +13.7% |
| Profit (loss) for the period | 9904 | -€2,488 | -€6,180 | -€3,692 | -148.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,488 | -€6,180 | -€3,692 | -148.4% |
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 7 October 2026 via checked.be.