PHOENIX: 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.
PHOENIX
Largest movements
- Receivables within one year +€57,061
up €57,061 (+56.1%), from €101,790 to €158,851
of which Trade receivables: +€43,468
- Cash -€6,820
down €6,820 (-50.0%), from €13,650 to €6,831
mainly Receivables within one year (-€57,061) and Tax, wage and social debts (-€91)
- Trade debts +€48,278
up €48,278 (+721%), from €6,694 to €54,972
- Gross operating margin -€2,847
down €2,847 (-33.9%), from €8,405 to €5,558
- Financial charges -€2,105
down €2,105 (-37.0%), from €5,684 to €3,580
- Taxes -€975
down €975 (-62.1%), from €1,570 to €595
- Financial income -€712
down €712 (-40.5%), from €1,757 to €1,045
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,960 | €167,201 | +€50,242 | +43.0% |
| Fixed assets | 21/28 | €1,519 | €1,519 | = | 0.0% |
| Financial fixed assets | 28 | €1,519 | €1,519 | = | 0.0% |
| Current assets | 29/58 | €115,440 | €165,682 | +€50,242 | +43.5% |
| Amounts receivable within one year | 40/41 | €101,790 | €158,851 | +€57,061 | +56.1% |
| Trade receivables | 40 | €94,552 | €138,020 | +€43,468 | +46.0% |
| Other amounts receivable | 41 | €7,238 | €20,831 | +€13,593 | +188% |
| Cash at bank and in hand | 54/58 | €13,650 | €6,831 | -€6,820 | -50.0% |
| Total equity and liabilities | 10/49 | €116,960 | €167,201 | +€50,242 | +43.0% |
| Equity | 10/15 | €20,360 | €21,793 | +€1,432 | +7.0% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 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 | €6,000 | €7,433 | +€1,432 | +23.9% |
| Amounts payable | 17/49 | €96,599 | €145,409 | +€48,809 | +50.5% |
| Amounts payable within one year | 42/48 | €96,599 | €145,409 | +€48,809 | +50.5% |
| Trade debts | 44 | €6,694 | €54,972 | +€48,278 | +721% |
| Suppliers | 440/4 | €6,694 | €54,972 | +€48,278 | +721% |
| Taxes, remuneration and social security | 45 | €685 | €595 | -€91 | -13.2% |
| Taxes | 450/3 | €685 | €595 | -€91 | -13.2% |
| Other amounts payable | 47/48 | €89,220 | €89,842 | +€622 | +0.7% |
| Other operating charges | 640/8 | €1,025 | €996 | -€29 | -2.8% |
| Gross operating margin | 9900 | €8,405 | €5,558 | -€2,847 | -33.9% |
| Operating profit (loss) | 9901 | €7,380 | €4,562 | -€2,818 | -38.2% |
| Financial income | 75/76B | €1,757 | €1,045 | -€712 | -40.5% |
| Recurring financial income | 75 | €1,757 | €1,045 | -€712 | -40.5% |
| Financial charges | 65/66B | €5,684 | €3,580 | -€2,105 | -37.0% |
| Recurring financial charges | 65 | €5,684 | €3,580 | -€2,105 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €3,453 | €2,027 | -€1,426 | -41.3% |
| Income taxes | 67/77 | €1,570 | €595 | -€975 | -62.1% |
| Profit (loss) for the period | 9904 | €1,883 | €1,432 | -€450 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,883 | €1,432 | -€450 | -23.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.