PHOENIX COACHING & DEVELOPMENT SOLUTIONS: 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 COACHING & DEVELOPMENT SOLUTIONS
Largest movements
- Cash -€34,432
down €34,432 (-15.0%), from €228,910 to €194,478
mainly Contributions, distributions and other (-€70,588) and Trade debts (-€29,542)
- Deferred charges and accrued income -€12,807
down €12,807 (-79.6%), from €16,085 to €3,278
- Financial fixed assets -€5,000
down €5,000 (-12.5%), from €40,000 to €35,000
- Tangible fixed assets -€4,351
down €4,351 (-11.1%), from €39,155 to €34,804
of which Other tangible fixed assets: -€3,298
- Trade debts -€29,542
down €29,542 (-87.4%), from €33,793 to €4,251
- Reserves -€22,810
down €22,810 (-7.4%), from €309,782 to €286,971
- Tax, wage and social debts -€6,262
down €6,262 (-63.3%), from €9,890 to €3,627
- Write-downs +€28,995
new in 2025: €28,995
- Gross operating margin -€22,220
down €22,220 (-17.9%), from €124,042 to €101,822
- Taxes -€10,665
down €10,665 (-45.0%), from €23,715 to €13,049
- Depreciation -€1,248
down €1,248 (-8.9%), from €13,989 to €12,741
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.
Cash bridge derived
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 | €375,375 | €315,199 | -€60,176 | -16.0% |
| Fixed assets | 21/28 | €79,155 | €69,804 | -€9,351 | -11.8% |
| Tangible fixed assets | 22/27 | €39,155 | €34,804 | -€4,351 | -11.1% |
| Plant, machinery and equipment | 23 | €5,910 | €5,813 | -€97 | -1.6% |
| Furniture and vehicles | 24 | €17,764 | €16,808 | -€956 | -5.4% |
| Other tangible fixed assets | 26 | €15,480 | €12,182 | -€3,298 | -21.3% |
| Financial fixed assets | 28 | €40,000 | €35,000 | -€5,000 | -12.5% |
| Current assets | 29/58 | €296,220 | €245,395 | -€50,825 | -17.2% |
| Amounts receivable within one year | 40/41 | €51,225 | €47,640 | -€3,586 | -7.0% |
| Trade receivables | 40 | €13,385 | €8,496 | -€4,889 | -36.5% |
| Other amounts receivable | 41 | €37,841 | €39,144 | +€1,303 | +3.4% |
| Cash at bank and in hand | 54/58 | €228,910 | €194,478 | -€34,432 | -15.0% |
| Deferred charges and accrued income | 490/1 | €16,085 | €3,278 | -€12,807 | -79.6% |
| Total equity and liabilities | 10/49 | €375,375 | €315,199 | -€60,176 | -16.0% |
| Equity | 10/15 | €328,382 | €305,571 | -€22,810 | -6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €309,782 | €286,971 | -€22,810 | -7.4% |
| Distributable reserves | 133 | €309,782 | €286,971 | -€22,810 | -7.4% |
| Amounts payable | 17/49 | €46,994 | €9,628 | -€37,366 | -79.5% |
| Amounts payable within one year | 42/48 | €46,994 | €9,628 | -€37,366 | -79.5% |
| Trade debts | 44 | €33,793 | €4,251 | -€29,542 | -87.4% |
| Suppliers | 440/4 | €33,793 | €4,251 | -€29,542 | -87.4% |
| Taxes, remuneration and social security | 45 | €9,890 | €3,627 | -€6,262 | -63.3% |
| Taxes | 450/3 | €9,890 | €3,627 | -€6,262 | -63.3% |
| Other amounts payable | 47/48 | €3,311 | €1,749 | -€1,562 | -47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,989 | €12,741 | -€1,248 | -8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €28,995 | +€28,995 | |
| Other operating charges | 640/8 | €2,003 | €1,216 | -€787 | -39.3% |
| Gross operating margin | 9900 | €124,042 | €101,822 | -€22,220 | -17.9% |
| Operating profit (loss) | 9901 | €108,051 | €58,871 | -€49,180 | -45.5% |
| Financial income | 75/76B | €2,062 | €2,019 | -€44 | -2.1% |
| Recurring financial income | 75 | €2,062 | €2,019 | -€44 | -2.1% |
| Financial charges | 65/66B | €125 | €62 | -€63 | -50.3% |
| Recurring financial charges | 65 | €125 | €62 | -€63 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €109,988 | €60,827 | -€49,160 | -44.7% |
| Income taxes | 67/77 | €23,715 | €13,049 | -€10,665 | -45.0% |
| Profit (loss) for the period | 9904 | €86,273 | €47,778 | -€38,495 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €86,273 | €47,778 | -€38,495 | -44.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.