PhL SOLUTIONS: 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.
PhL SOLUTIONS
Largest movements
- Financial fixed assets +€6,100
new in 2025: €6,100
- Receivables within one year +€2,699
up €2,699 (+48.2%), from €5,596 to €8,295
- Cash +€1,738
up €1,738 (+20.5%), from €8,487 to €10,226
mainly Net result for the year (+€8,437) and Other debts (+€1,518)
- Tangible fixed assets -€989
down €989 (-25.3%), from €3,905 to €2,916
of which Furniture and vehicles: -€884
- Deferred charges and accrued income -€489
down €489 (-55.1%), from €887 to €398
- Profit (loss) carried forward +€7,604
up €7,604 (+96.0%), from €7,919 to €15,523
- Other debts +€1,518
up €1,518 (+63.3%), from €2,396 to €3,914
- Trade debts -€607
down €607 (-42.6%), from €1,423 to €817
- Tax, wage and social debts +€549
up €549 (+9.0%), from €6,093 to €6,641
- Gross operating margin +€15,350
up €15,350, from -€696 to €14,654
- Taxes +€3,041
up €3,041 (+1843.8%), from €165 to €3,205
- Other operating charges -€224
down €224 (-32.6%), from €686 to €463
- Depreciation +€185
up €185 (+23.0%), from €804 to €989
- Financial charges +€160
up €160 (+11.4%), from €1,400 to €1,560
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 | €18,876 | €27,935 | +€9,059 | +48.0% |
| Fixed assets | 21/28 | €3,905 | €9,016 | +€5,111 | +130.9% |
| Tangible fixed assets | 22/27 | €3,905 | €2,916 | -€989 | -25.3% |
| Furniture and vehicles | 24 | €2,948 | €2,065 | -€884 | -30.0% |
| Other tangible fixed assets | 26 | €957 | €851 | -€106 | -11.1% |
| Financial fixed assets | 28 | - | €6,100 | +€6,100 | |
| Current assets | 29/58 | €14,971 | €18,919 | +€3,948 | +26.4% |
| Amounts receivable within one year | 40/41 | €5,596 | €8,295 | +€2,699 | +48.2% |
| Trade receivables | 40 | €5,596 | €8,295 | +€2,699 | +48.2% |
| Cash at bank and in hand | 54/58 | €8,487 | €10,226 | +€1,738 | +20.5% |
| Deferred charges and accrued income | 490/1 | €887 | €398 | -€489 | -55.1% |
| Total equity and liabilities | 10/49 | €18,876 | €27,935 | +€9,059 | +48.0% |
| Equity | 10/15 | €8,919 | €16,523 | +€7,604 | +85.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,919 | €15,523 | +€7,604 | +96.0% |
| Amounts payable | 17/49 | €9,957 | €11,412 | +€1,455 | +14.6% |
| Amounts payable within one year | 42/48 | €9,912 | €11,372 | +€1,460 | +14.7% |
| Trade debts | 44 | €1,423 | €817 | -€607 | -42.6% |
| Suppliers | 440/4 | €1,423 | €817 | -€607 | -42.6% |
| Taxes, remuneration and social security | 45 | €6,093 | €6,641 | +€549 | +9.0% |
| Taxes | 450/3 | €6,093 | €6,641 | +€549 | +9.0% |
| Other amounts payable | 47/48 | €2,396 | €3,914 | +€1,518 | +63.3% |
| Accrued charges and deferred income | 492/3 | €45 | €41 | -€4 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €804 | €989 | +€185 | +23.0% |
| Other operating charges | 640/8 | €686 | €463 | -€224 | -32.6% |
| Gross operating margin | 9900 | -€696 | €14,654 | +€15,350 | |
| Operating profit (loss) | 9901 | -€2,187 | €13,202 | +€15,389 | |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €1,400 | €1,560 | +€160 | +11.4% |
| Recurring financial charges | 65 | €1,400 | €1,560 | +€160 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,580 | €11,642 | +€15,223 | |
| Income taxes | 67/77 | €165 | €3,205 | +€3,041 | +1843.8% |
| Profit (loss) for the period | 9904 | -€3,745 | €8,437 | +€12,182 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,745 | €8,437 | +€12,182 |
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.