PHOENIX BUILDING: 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 BUILDING
Largest movements
- Receivables within one year +€135,530
up €135,530 (+85.4%), from €158,728 to €294,258
of which Other amounts receivable: +€118,247
- Current investments -€18,166
down €18,166 (-93.0%), from €19,543 to €1,377
- Tangible fixed assets -€11,334
down €11,334 (-50.0%), from €22,667 to €11,333
- Profit (loss) carried forward +€51,389
up €51,389 (+129.6%), from €39,667 to €91,056
- Tax, wage and social debts +€45,408
up €45,408 (+159.5%), from €28,466 to €73,874
- Trade debts +€9,233
up €9,233 (+10.6%), from €87,028 to €96,261
- Staff costs -€26,613
down €26,613 (-14.3%), from €185,670 to €159,057
- Gross operating margin -€5,707
down €5,707 (-2.3%), from €247,276 to €241,569
- Taxes +€5,000
up €5,000 (+35.7%), from €14,000 to €19,000
- Financial income -€2,518
no longer reported in 2024 (was €2,518)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,838 | €307,868 | +€106,030 | +52.5% |
| Fixed assets | 21/28 | €23,567 | €12,233 | -€11,334 | -48.1% |
| Tangible fixed assets | 22/27 | €22,667 | €11,333 | -€11,334 | -50.0% |
| Furniture and vehicles | 24 | €22,667 | €11,333 | -€11,334 | -50.0% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €178,271 | €295,635 | +€117,364 | +65.8% |
| Amounts receivable within one year | 40/41 | €158,728 | €294,258 | +€135,530 | +85.4% |
| Trade receivables | 40 | €84,322 | €101,605 | +€17,283 | +20.5% |
| Other amounts receivable | 41 | €74,406 | €192,653 | +€118,247 | +158.9% |
| Current investments | 50/53 | €19,543 | €1,377 | -€18,166 | -93.0% |
| Total equity and liabilities | 10/49 | €201,838 | €307,868 | +€106,030 | +52.5% |
| Equity | 10/15 | €60,127 | €111,516 | +€51,389 | +85.5% |
| Contributions | 10/11 | €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 | €39,667 | €91,056 | +€51,389 | +129.6% |
| Amounts payable | 17/49 | €141,711 | €196,352 | +€54,641 | +38.6% |
| Amounts payable within one year | 42/48 | €141,711 | €196,352 | +€54,641 | +38.6% |
| Trade debts | 44 | €87,028 | €96,261 | +€9,233 | +10.6% |
| Suppliers | 440/4 | €87,028 | €96,261 | +€9,233 | +10.6% |
| Taxes, remuneration and social security | 45 | €28,466 | €73,874 | +€45,408 | +159.5% |
| Taxes | 450/3 | €28,466 | €73,874 | +€45,408 | +159.5% |
| Other amounts payable | 47/48 | €26,217 | €26,217 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €185,670 | €159,057 | -€26,613 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,333 | €11,334 | +€1 | 0.0% |
| Other operating charges | 640/8 | €756 | €306 | -€450 | -59.5% |
| Gross operating margin | 9900 | €247,276 | €241,569 | -€5,707 | -2.3% |
| Operating profit (loss) | 9901 | €49,517 | €70,872 | +€21,355 | +43.1% |
| Financial income | 75/76B | €2,518 | - | -€2,518 | |
| Recurring financial income | 75 | €2,518 | - | -€2,518 | |
| Financial charges | 65/66B | €181 | €483 | +€302 | +166.9% |
| Recurring financial charges | 65 | €181 | €483 | +€302 | +166.9% |
| Profit (loss) for the period before taxes | 9903 | €51,854 | €70,389 | +€18,535 | +35.7% |
| Income taxes | 67/77 | €14,000 | €19,000 | +€5,000 | +35.7% |
| Profit (loss) for the period | 9904 | €37,854 | €51,389 | +€13,535 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,854 | €51,389 | +€13,535 | +35.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.