PHOENIX: 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.
PHOENIX
Largest movements
- Receivables within one year +€7,146
up €7,146 (+112.6%), from €6,346 to €13,492
- Tangible fixed assets -€992
down €992 (-52.5%), from €1,888 to €896
of which Furniture and vehicles: -€826
- Profit (loss) carried forward +€7,435
up €7,435 (+51.6%), from -€14,418 to -€6,983
- Other debts -€3,534
no longer reported in 2024 (was €3,534)
- Tax, wage and social debts +€2,301
up €2,301 (+132.4%), from €1,738 to €4,040
of which Remuneration and social security: +€1,700
- Gross operating margin +€27,610
up €27,610, from -€18,972 to €8,638
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 | €11,314 | €17,517 | +€6,203 | +54.8% |
| Fixed assets | 21/28 | €1,888 | €896 | -€992 | -52.5% |
| Tangible fixed assets | 22/27 | €1,888 | €896 | -€992 | -52.5% |
| Plant, machinery and equipment | 23 | €1,062 | €896 | -€165 | -15.6% |
| Furniture and vehicles | 24 | €826 | - | -€826 | |
| Current assets | 29/58 | €9,426 | €16,620 | +€7,194 | +76.3% |
| Amounts receivable within one year | 40/41 | €6,346 | €13,492 | +€7,146 | +112.6% |
| Other amounts receivable | 41 | €6,346 | €13,492 | +€7,146 | +112.6% |
| Cash at bank and in hand | 54/58 | €3,080 | €3,128 | +€48 | +1.6% |
| Total equity and liabilities | 10/49 | €11,314 | €17,517 | +€6,203 | +54.8% |
| Equity | 10/15 | €6,042 | €13,477 | +€7,435 | +123.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€14,418 | -€6,983 | +€7,435 | +51.6% |
| Amounts payable | 17/49 | €5,272 | €4,040 | -€1,232 | -23.4% |
| Amounts payable within one year | 42/48 | €5,272 | €4,040 | -€1,232 | -23.4% |
| Taxes, remuneration and social security | 45 | €1,738 | €4,040 | +€2,301 | +132.4% |
| Taxes | 450/3 | €1,738 | €2,340 | +€601 | +34.6% |
| Remuneration and social security | 454/9 | - | €1,700 | +€1,700 | |
| Other amounts payable | 47/48 | €3,534 | - | -€3,534 | |
| Remuneration, social security and pensions | 62 | - | €116 | +€116 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €992 | €992 | -€0 | 0.0% |
| Other operating charges | 640/8 | €106 | - | -€106 | |
| Gross operating margin | 9900 | -€18,972 | €8,638 | +€27,610 | |
| Operating profit (loss) | 9901 | -€20,070 | €7,531 | +€27,600 | |
| Financial charges | 65/66B | €269 | €96 | -€173 | -64.4% |
| Recurring financial charges | 65 | €269 | €96 | -€173 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | -€20,339 | €7,435 | +€27,774 | |
| Profit (loss) for the period | 9904 | -€20,339 | €7,435 | +€27,774 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,339 | €7,435 | +€27,774 |
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 8 October 2026 via checked.be.