PHMBIO+: what changed
Two financial 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.
PHMBIO+
Largest movements
- Cash -€52,301
down €52,301 (-44.9%), from €116,447 to €64,146
mainly Contributions, distributions and other (-€633,332) and Current portion of long-term debt (-€22,042)
- Receivables within one year -€28,903
down €28,903 (-66.4%), from €43,533 to €14,630
of which Other amounts receivable: -€36,798
- Reserves -€574,195
down €574,195 (-99.7%), from €576,055 to €1,860
- Other debts +€485,552
up €485,552 (+480%), from €101,162 to €586,713
- Tax, wage and social debts +€24,346
up €24,346 (+113%), from €21,594 to €45,939
- Current portion of long-term debt -€22,042
down €22,042 (-81.3%), from €27,125 to €5,083
- Gross operating margin -€101,952
down €101,952 (-52.8%), from €193,124 to €91,172
- Taxes -€41,286
down €41,286 (-68.7%), from €60,087 to €18,801
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.
Derived cash bridge
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 | €747,393 | €660,767 | -€86,625 | -11.6% |
| Fixed assets | 21/28 | €23,413 | €17,991 | -€5,421 | -23.2% |
| Tangible fixed assets | 22/27 | €23,413 | €17,991 | -€5,421 | -23.2% |
| Plant, machinery and equipment | 23 | €4,969 | €6,354 | +€1,385 | +27.9% |
| Furniture and vehicles | 24 | €18,443 | €11,637 | -€6,806 | -36.9% |
| Current assets | 29/58 | €723,980 | €642,776 | -€81,204 | -11.2% |
| Amounts receivable within one year | 40/41 | €43,533 | €14,630 | -€28,903 | -66.4% |
| Trade receivables | 40 | €1,180 | €9,075 | +€7,895 | +669% |
| Other amounts receivable | 41 | €42,353 | €5,555 | -€36,798 | -86.9% |
| Current investments | 50/53 | €564,000 | €564,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €116,447 | €64,146 | -€52,301 | -44.9% |
| Total equity and liabilities | 10/49 | €747,393 | €660,767 | -€86,625 | -11.6% |
| Equity | 10/15 | €594,655 | €20,460 | -€574,195 | -96.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €576,055 | €1,860 | -€574,195 | -99.7% |
| Distributable reserves | 133 | €576,055 | €1,860 | -€574,195 | -99.7% |
| Amounts payable | 17/49 | €152,737 | €640,307 | +€487,570 | +319% |
| Amounts payable within one year | 42/48 | €152,737 | €640,307 | +€487,570 | +319% |
| Current portion of amounts payable after more than one year | 42 | €27,125 | €5,083 | -€22,042 | -81.3% |
| Trade debts | 44 | €2,857 | €2,571 | -€286 | -10.0% |
| Suppliers | 440/4 | €2,857 | €2,571 | -€286 | -10.0% |
| Taxes, remuneration and social security | 45 | €21,594 | €45,939 | +€24,346 | +113% |
| Taxes | 450/3 | €21,594 | €45,939 | +€24,346 | +113% |
| Other amounts payable | 47/48 | €101,162 | €586,713 | +€485,552 | +480% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,113 | €9,098 | +€986 | +12.1% |
| Other operating charges | 640/8 | €820 | €696 | -€124 | -15.1% |
| Gross operating margin | 9900 | €193,124 | €91,172 | -€101,952 | -52.8% |
| Operating profit (loss) | 9901 | €184,192 | €81,378 | -€102,814 | -55.8% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €5,091 | €3,445 | -€1,646 | -32.3% |
| Recurring financial charges | 65 | €5,091 | €3,445 | -€1,646 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €179,101 | €77,938 | -€101,163 | -56.5% |
| Income taxes | 67/77 | €60,087 | €18,801 | -€41,286 | -68.7% |
| Profit (loss) for the period | 9904 | €119,013 | €59,137 | -€59,877 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €119,013 | €59,137 | -€59,877 | -50.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.