Phoebe’s Construction: 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.
Phoebe’s Construction
Largest movements
- Receivables within one year +€26,816
up €26,816 (+42.1%), from €63,771 to €90,587
of which Trade receivables: +€53,360
- Cash -€7,961
down €7,961 (-94.1%), from €8,464 to €503
mainly Receivables within one year (-€26,816) and Trade debts (-€10,953)
- Profit (loss) carried forward +€22,950
up €22,950 (+149%), from €15,380 to €38,330
- Trade debts -€10,953
down €10,953 (-19.1%), from €57,229 to €46,276
- Tax, wage and social debts +€6,319
up €6,319 (+164%), from €3,845 to €10,163
- Turnover -€407,687
no longer reported in 2025 (was €407,687)
- Purchases and services -€377,380
no longer reported in 2025 (was €377,380)
- Staff costs -€13,391
down €13,391 (-96.3%), from €13,910 to €519
- Taxes +€5,878
up €5,878 (+261%), from €2,251 to €8,128
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 | €76,954 | €95,269 | +€18,315 | +23.8% |
| Fixed assets | 21/28 | €4,718 | €4,179 | -€539 | -11.4% |
| Tangible fixed assets | 22/27 | €4,718 | €4,179 | -€539 | -11.4% |
| Plant, machinery and equipment | 23 | €637 | €322 | -€315 | -49.4% |
| Furniture and vehicles | 24 | €4,081 | €3,857 | -€225 | -5.5% |
| Current assets | 29/58 | €72,236 | €91,090 | +€18,855 | +26.1% |
| Amounts receivable within one year | 40/41 | €63,771 | €90,587 | +€26,816 | +42.1% |
| Trade receivables | 40 | €32,625 | €85,985 | +€53,360 | +164% |
| Other amounts receivable | 41 | €31,146 | €4,602 | -€26,544 | -85.2% |
| Cash at bank and in hand | 54/58 | €8,464 | €503 | -€7,961 | -94.1% |
| Total equity and liabilities | 10/49 | €76,954 | €95,269 | +€18,315 | +23.8% |
| Equity | 10/15 | €15,880 | €38,830 | +€22,950 | +145% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,380 | €38,330 | +€22,950 | +149% |
| Amounts payable | 17/49 | €61,074 | €56,439 | -€4,634 | -7.6% |
| Amounts payable within one year | 42/48 | €61,074 | €56,439 | -€4,634 | -7.6% |
| Trade debts | 44 | €57,229 | €46,276 | -€10,953 | -19.1% |
| Suppliers | 440/4 | €57,229 | €46,276 | -€10,953 | -19.1% |
| Taxes, remuneration and social security | 45 | €3,845 | €10,163 | +€6,319 | +164% |
| Taxes | 450/3 | €3,845 | €10,163 | +€6,319 | +164% |
| Turnover | 70 | €407,687 | - | -€407,687 | |
| Goods, raw materials, services and sundry goods | 60/61 | €377,380 | - | -€377,380 | |
| Remuneration, social security and pensions | 62 | €13,910 | €519 | -€13,391 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,084 | €1,638 | +€553 | +51.0% |
| Other operating charges | 640/8 | €3,967 | €0 | -€3,967 | -100% |
| Gross operating margin | 9900 | €30,307 | €32,363 | +€2,056 | +6.8% |
| Operating profit (loss) | 9901 | €11,346 | €30,206 | +€18,860 | +166% |
| Financial income | 75/76B | €17 | €44 | +€27 | +162% |
| Recurring financial income | 75 | €17 | €44 | +€27 | +162% |
| Financial charges | 65/66B | €110 | €123 | +€14 | +12.4% |
| Recurring financial charges | 65 | €110 | €123 | +€14 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €11,253 | €30,127 | +€18,874 | +168% |
| Income taxes | 67/77 | €2,251 | €8,128 | +€5,878 | +261% |
| Profit (loss) for the period | 9904 | €9,002 | €21,998 | +€12,996 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €9,002 | €21,998 | +€12,996 | +144% |
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.