PHM Consult: 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.
PHM Consult
Largest movements
- Receivables within one year +€300,104
up €300,104 (+44516.6%), from €674 to €300,778
- Tangible fixed assets -€206,111
down €206,111 (-67.7%), from €304,541 to €98,431
of which Land and buildings: -€285,744
- Current investments +€167,908
up €167,908 (+95.4%), from €176,000 to €343,908
- Financial fixed assets -€116,809
down €116,809 (-17.0%), from €685,650 to €568,841
- Cash -€23,450
down €23,450 (-79.8%), from €29,385 to €5,936
mainly Receivables within one year (-€300,104) and Current investments (-€167,908)
- Reserves +€161,069
up €161,069 (+22.0%), from €731,082 to €892,151
- Other debts -€148,619
down €148,619 (-42.9%), from €346,434 to €197,815
- Debts after one year +€40,155
new in 2024: €40,155
- Tax, wage and social debts +€39,731
up €39,731 (+41.7%), from €95,216 to €134,947
- Gross operating margin +€197,376
up €197,376 (+73.6%), from €268,286 to €465,662
- Financial charges +€121,945
up €121,945 (+645.1%), from €18,902 to €140,848
of which Non-recurring financial charges: +€116,809
- Taxes +€70,505
up €70,505 (+148.4%), from €47,498 to €118,002
- Staff costs -€38,422
no longer reported in 2024 (was €38,422)
- Financial income +€15,132
up €15,132 (+4785.1%), from €316 to €15,448
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 | €1,216,501 | €1,321,359 | +€104,857 | +8.6% |
| Fixed assets | 21/28 | €990,191 | €667,272 | -€322,919 | -32.6% |
| Tangible fixed assets | 22/27 | €304,541 | €98,431 | -€206,111 | -67.7% |
| Land and buildings | 22 | €285,744 | - | -€285,744 | |
| Plant, machinery and equipment | 23 | €971 | €390 | -€581 | -59.8% |
| Furniture and vehicles | 24 | €17,826 | €98,040 | +€80,214 | +450.0% |
| Financial fixed assets | 28 | €685,650 | €568,841 | -€116,809 | -17.0% |
| Current assets | 29/58 | €226,310 | €654,087 | +€427,777 | +189.0% |
| Amounts receivable within one year | 40/41 | €674 | €300,778 | +€300,104 | +44516.6% |
| Other amounts receivable | 41 | €674 | €300,778 | +€300,104 | +44516.6% |
| Current investments | 50/53 | €176,000 | €343,908 | +€167,908 | +95.4% |
| Cash at bank and in hand | 54/58 | €29,385 | €5,936 | -€23,450 | -79.8% |
| Deferred charges and accrued income | 490/1 | €20,251 | €3,465 | -€16,786 | -82.9% |
| Total equity and liabilities | 10/49 | €1,216,501 | €1,321,359 | +€104,857 | +8.6% |
| Equity | 10/15 | €749,682 | €910,751 | +€161,069 | +21.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €731,082 | €892,151 | +€161,069 | +22.0% |
| Distributable reserves | 133 | €731,082 | €892,151 | +€161,069 | +22.0% |
| Amounts payable | 17/49 | €466,819 | €410,607 | -€56,212 | -12.0% |
| Amounts payable after more than one year | 17 | - | €40,155 | +€40,155 | |
| Financial debts | 170/4 | - | €40,155 | +€40,155 | |
| Amounts payable within one year | 42/48 | €446,323 | €344,926 | -€101,397 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | - | €11,485 | +€11,485 | |
| Trade debts | 44 | €4,673 | €680 | -€3,993 | -85.5% |
| Suppliers | 440/4 | €4,673 | €680 | -€3,993 | -85.5% |
| Taxes, remuneration and social security | 45 | €95,216 | €134,947 | +€39,731 | +41.7% |
| Taxes | 450/3 | €95,216 | €134,947 | +€39,731 | +41.7% |
| Other amounts payable | 47/48 | €346,434 | €197,815 | -€148,619 | -42.9% |
| Accrued charges and deferred income | 492/3 | €20,496 | €25,526 | +€5,030 | +24.5% |
| Non-recurring operating income | 76A | €20 | €235,579 | +€235,559 | +1177792.8% |
| Remuneration, social security and pensions | 62 | €38,422 | - | -€38,422 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,797 | €29,109 | +€8,312 | +40.0% |
| Other operating charges | 640/8 | €3,522 | €2,082 | -€1,440 | -40.9% |
| Gross operating margin | 9900 | €268,286 | €465,662 | +€197,376 | +73.6% |
| Operating profit (loss) | 9901 | €205,545 | €434,471 | +€228,925 | +111.4% |
| Financial income | 75/76B | €316 | €15,448 | +€15,132 | +4785.1% |
| Recurring financial income | 75 | €316 | €15,448 | +€15,132 | +4785.1% |
| Financial charges | 65/66B | €18,902 | €140,848 | +€121,945 | +645.1% |
| Recurring financial charges | 65 | €18,902 | €24,039 | +€5,136 | +27.2% |
| Non-recurring financial charges | 66B | - | €116,809 | +€116,809 | |
| Profit (loss) for the period before taxes | 9903 | €186,959 | €309,072 | +€122,112 | +65.3% |
| Income taxes | 67/77 | €47,498 | €118,002 | +€70,505 | +148.4% |
| Profit (loss) for the period | 9904 | €139,462 | €191,069 | +€51,608 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €139,462 | €191,069 | +€51,608 | +37.0% |
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 1 October 2026 via checked.be.