Phix Software: 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 Software
Largest movements
- Receivables after one year +€40,000
new in 2025: €40,000
- Cash -€16,361
down €16,361 (-34.2%), from €47,792 to €31,431
mainly Contributions, distributions and other (-€87,599) and Receivables after one year (-€40,000)
- Receivables within one year +€14,385
up €14,385 (+50.5%), from €28,479 to €42,864
of which Trade receivables: +€7,296
- Tangible fixed assets -€2,819
down €2,819 (-45.5%), from €6,190 to €3,371
- Deferred charges and accrued income +€1,311
new in 2025: €1,311
- Other debts +€52,305
new in 2025: €52,305
- Reserves -€31,087
down €31,087 (-45.3%), from €68,577 to €37,490
- Tax, wage and social debts +€17,254
up €17,254 (+191.5%), from €9,009 to €26,263
- Profit (loss) carried forward -€1,952
down €1,952 (-100.0%), from €1,952 to €0
- Gross operating margin +€38,136
up €38,136 (+81.5%), from €46,767 to €84,903
- Taxes +€27,376
new in 2025: €27,376
- Financial income +€2,022
new in 2025: €2,022
- Depreciation -€1,069
down €1,069 (-28.1%), from €3,801 to €2,732
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 | €84,461 | €120,977 | +€36,516 | +43.2% |
| Fixed assets | 21/28 | €8,190 | €5,371 | -€2,819 | -34.4% |
| Tangible fixed assets | 22/27 | €6,190 | €3,371 | -€2,819 | -45.5% |
| Furniture and vehicles | 24 | €6,190 | €3,371 | -€2,819 | -45.5% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €76,271 | €115,606 | +€39,335 | +51.6% |
| Amounts receivable after more than one year | 29 | - | €40,000 | +€40,000 | |
| Other amounts receivable | 291 | - | €40,000 | +€40,000 | |
| Amounts receivable within one year | 40/41 | €28,479 | €42,864 | +€14,385 | +50.5% |
| Trade receivables | 40 | €12,342 | €19,638 | +€7,296 | +59.1% |
| Other amounts receivable | 41 | €16,137 | €23,226 | +€7,089 | +43.9% |
| Cash at bank and in hand | 54/58 | €47,792 | €31,431 | -€16,361 | -34.2% |
| Deferred charges and accrued income | 490/1 | - | €1,311 | +€1,311 | |
| Total equity and liabilities | 10/49 | €84,461 | €120,977 | +€36,516 | +43.2% |
| Equity | 10/15 | €74,529 | €41,490 | -€33,039 | -44.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €68,577 | €37,490 | -€31,087 | -45.3% |
| Distributable reserves | 133 | €68,577 | €37,490 | -€31,087 | -45.3% |
| Profit (loss) carried forward | 14 | €1,952 | €0 | -€1,952 | -100.0% |
| Amounts payable | 17/49 | €9,932 | €79,487 | +€69,555 | +700.3% |
| Amounts payable within one year | 42/48 | €9,932 | €79,487 | +€69,555 | +700.3% |
| Trade debts | 44 | €923 | €919 | -€4 | -0.4% |
| Suppliers | 440/4 | €923 | €919 | -€4 | -0.4% |
| Taxes, remuneration and social security | 45 | €9,009 | €26,263 | +€17,254 | +191.5% |
| Taxes | 450/3 | €9,009 | €26,263 | +€17,254 | +191.5% |
| Other amounts payable | 47/48 | - | €52,305 | +€52,305 | |
| Non-recurring operating income | 76A | €646 | €0 | -€646 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,801 | €2,732 | -€1,069 | -28.1% |
| Other operating charges | 640/8 | €272 | €943 | +€671 | +246.6% |
| Non-recurring operating charges | 66A | - | €1,094 | +€1,094 | |
| Gross operating margin | 9900 | €46,767 | €84,903 | +€38,136 | +81.5% |
| Operating profit (loss) | 9901 | €42,694 | €80,134 | +€37,440 | +87.7% |
| Financial income | 75/76B | - | €2,022 | +€2,022 | |
| Recurring financial income | 75 | - | €2,022 | +€2,022 | |
| Financial charges | 65/66B | €742 | €220 | -€522 | -70.3% |
| Recurring financial charges | 65 | €742 | €220 | -€522 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | €41,952 | €81,936 | +€39,984 | +95.3% |
| Income taxes | 67/77 | - | €27,376 | +€27,376 | |
| Profit (loss) for the period | 9904 | €41,952 | €54,560 | +€12,608 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €41,952 | €54,560 | +€12,608 | +30.1% |
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 3 October 2026 via checked.be.