PHL VISION: 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 VISION
Largest movements
- Tangible fixed assets -€4,022
down €4,022 (-50.9%), from €7,902 to €3,880
of which Furniture and vehicles: -€3,847
- Profit (loss) carried forward -€5,366
down €5,366 (-7.8%), from -€69,061 to -€74,427
- Trade debts -€2,368
down €2,368 (-34.9%), from €6,783 to €4,415
- Other debts +€2,137
up €2,137 (+16.7%), from €12,786 to €14,923
- Tax, wage and social debts +€1,342
up €1,342 (+123.5%), from €1,087 to €2,429
- Gross operating margin +€6,990
up €6,990, from -€4,522 to €2,468
- Other operating charges +€1,465
up €1,465 (+106.2%), from €1,380 to €2,845
- Depreciation -€830
down €830 (-17.1%), from €4,852 to €4,022
- Taxes +€466
up €466 (+137.1%), from €340 to €805
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,282 | €80,900 | -€4,382 | -5.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €12,902 | €8,880 | -€4,022 | -31.2% |
| Tangible fixed assets | 22/27 | €7,902 | €3,880 | -€4,022 | -50.9% |
| Furniture and vehicles | 24 | €4,189 | €342 | -€3,847 | -91.8% |
| Other tangible fixed assets | 26 | €3,713 | €3,538 | -€175 | -4.7% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €72,380 | €72,020 | -€360 | -0.5% |
| Amounts receivable after more than one year | 29 | €70,000 | €70,000 | = | 0.0% |
| Trade receivables | 290 | - | €70,000 | +€70,000 | |
| Other amounts receivable | 291 | €70,000 | - | -€70,000 | |
| Amounts receivable within one year | 40/41 | €2,214 | €1,940 | -€274 | -12.4% |
| Other amounts receivable | 41 | €2,214 | €1,940 | -€274 | -12.4% |
| Cash at bank and in hand | 54/58 | €44 | €80 | +€36 | +82.9% |
| Deferred charges and accrued income | 490/1 | €123 | - | -€123 | |
| Total equity and liabilities | 10/49 | €85,282 | €80,900 | -€4,382 | -5.1% |
| Equity | 10/15 | €64,499 | €59,133 | -€5,366 | -8.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €121,160 | €121,160 | = | 0.0% |
| 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 | €119,300 | €119,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,061 | -€74,427 | -€5,366 | -7.8% |
| Amounts payable | 17/49 | €20,783 | €21,767 | +€984 | +4.7% |
| Amounts payable within one year | 42/48 | €20,656 | €21,767 | +€1,112 | +5.4% |
| Trade debts | 44 | €6,783 | €4,415 | -€2,368 | -34.9% |
| Suppliers | 440/4 | €6,783 | €4,415 | -€2,368 | -34.9% |
| Taxes, remuneration and social security | 45 | €1,087 | €2,429 | +€1,342 | +123.5% |
| Taxes | 450/3 | €1,087 | €2,429 | +€1,342 | +123.5% |
| Other amounts payable | 47/48 | €12,786 | €14,923 | +€2,137 | +16.7% |
| Accrued charges and deferred income | 492/3 | €127 | - | -€127 | |
| Non-recurring operating income | 76A | - | €726 | +€726 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,852 | €4,022 | -€830 | -17.1% |
| Other operating charges | 640/8 | €1,380 | €2,845 | +€1,465 | +106.2% |
| Gross operating margin | 9900 | -€4,522 | €2,468 | +€6,990 | |
| Operating profit (loss) | 9901 | -€10,754 | -€4,399 | +€6,355 | +59.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €118 | €162 | +€44 | +37.0% |
| Recurring financial charges | 65 | €118 | €162 | +€44 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,872 | -€4,561 | +€6,311 | +58.1% |
| Income taxes | 67/77 | €340 | €805 | +€466 | +137.1% |
| Profit (loss) for the period | 9904 | -€11,212 | -€5,366 | +€5,846 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,212 | -€5,366 | +€5,846 | +52.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.