PHOENIX 4: 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 4
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€8,580
down €8,580 (-28.0%), from -€30,689 to -€39,269
- Debts after one year +€4,270
up €4,270 (+1.3%), from €320,522 to €324,792
- Gross operating margin +€933
up €933 (+36.4%), from -€2,565 to -€1,632
- Financial charges +€352
up €352 (+5.8%), from €6,100 to €6,452
- Other operating charges -€262
down €262 (-34.5%), from €759 to €497
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.
Cash bridge derived
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 | €300,664 | €297,957 | -€2,707 | -0.9% |
| Fixed assets | 21/28 | €272,250 | €272,250 | = | 0.0% |
| Financial fixed assets | 28 | €272,250 | €272,250 | = | 0.0% |
| Current assets | 29/58 | €28,414 | €25,707 | -€2,707 | -9.5% |
| Amounts receivable within one year | 40/41 | €28,392 | €25,692 | -€2,700 | -9.5% |
| Other amounts receivable | 41 | €28,392 | €25,692 | -€2,700 | -9.5% |
| Cash at bank and in hand | 54/58 | €22 | €15 | -€7 | -33.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €300,664 | €297,957 | -€2,707 | -0.9% |
| Equity | 10/15 | -€29,689 | -€38,269 | -€8,580 | -28.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,689 | -€39,269 | -€8,580 | -28.0% |
| Amounts payable | 17/49 | €330,353 | €336,226 | +€5,873 | +1.8% |
| Amounts payable after more than one year | 17 | €320,522 | €324,792 | +€4,270 | +1.3% |
| Other amounts payable | 178/9 | €320,522 | €324,792 | +€4,270 | +1.3% |
| Amounts payable within one year | 42/48 | €9,832 | €11,435 | +€1,603 | +16.3% |
| Trade debts | 44 | €4,027 | €3,150 | -€877 | -21.8% |
| Suppliers | 440/4 | €4,027 | €3,150 | -€877 | -21.8% |
| Taxes, remuneration and social security | 45 | €5,798 | €7,628 | +€1,830 | +31.6% |
| Taxes | 450/3 | €5,798 | €7,628 | +€1,830 | +31.6% |
| Other amounts payable | 47/48 | €7 | €657 | +€650 | +9285.7% |
| Other operating charges | 640/8 | €759 | €497 | -€262 | -34.5% |
| Gross operating margin | 9900 | -€2,565 | -€1,632 | +€933 | +36.4% |
| Operating profit (loss) | 9901 | -€3,324 | -€2,129 | +€1,195 | +36.0% |
| Financial charges | 65/66B | €6,100 | €6,452 | +€352 | +5.8% |
| Recurring financial charges | 65 | €6,100 | €6,452 | +€352 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,424 | -€8,580 | +€844 | +9.0% |
| Profit (loss) for the period | 9904 | -€9,424 | -€8,580 | +€844 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,424 | -€8,580 | +€844 | +9.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.