Phoenix Contact: 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.
What changed
Phoenix Contact
NACE 28.990, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €687,758+€626,922
Equity
€9.8m
2024 · €10.5m-€685,320
Cash
-
not filed
Balance sheet total
€16.8m
2024 · €18.7m-€1.9m
Largest movements
Assets
- Receivables within one year -€1.8m
down €1.8m (-15.0%), from €11.9m to €10.1m
of which Other amounts receivable: -€1.3m
- Tangible fixed assets -€385,929
down €385,929 (-6.6%), from €5.8m to €5.4m
of which Land and buildings: -€317,406
Equity and liabilities
- Other debts -€1.0m
down €1.0m (-33.3%), from €3.0m to €2.0m
- Profit (loss) carried forward -€685,320
down €685,320 (-6.9%), from €9.9m to €9.3m
- Tax, wage and social debts -€242,567
down €242,567 (-11.7%), from €2.1m to €1.8m
of which Remuneration and social security: -€143,950
Income statement
- Services and other goods -€1.1m
down €1.1m (-20.0%), from €5.5m to €4.4m
- Other operating income -€470,442
down €470,442 (-43.7%), from €1.1m to €605,762
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.
Result 2024
€687,758
Turnover
+€13,752
Other operating income
-€470,442
Goods and materials
-€157,535
Services and other goods
+€1.1m
Staff costs
+€105,112
Depreciation
-€26,345
Write-downs
-€158,557
Provisions
+€13,334
Other operating charges
+€26,817
Other operating items
+€203,423
Financial income
-€20,811
Financial charges
+€38,348
Taxes
-€41,587
Result 2025
€1.3m
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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,670,174 | €16,796,058 | -€1.9m | -10.0% |
| Fixed assets | 21/28 | €5,990,962 | €5,754,071 | -€236,891 | -4.0% |
| Intangible fixed assets | 21 | €175,072 | €324,110 | +€149,038 | +85.1% |
| Tangible fixed assets | 22/27 | €5,815,890 | €5,429,961 | -€385,929 | -6.6% |
| Land and buildings | 22 | €5,349,962 | €5,032,556 | -€317,406 | -5.9% |
| Plant, machinery and equipment | 23 | €81,400 | €77,367 | -€4,033 | -5.0% |
| Furniture and vehicles | 24 | €384,528 | €320,038 | -€64,490 | -16.8% |
| Current assets | 29/58 | €12,679,212 | €11,041,987 | -€1.6m | -12.9% |
| Stocks and contracts in progress | 3 | €710,296 | €747,398 | +€37,102 | +5.2% |
| Stocks | 30/36 | €710,296 | €747,398 | +€37,102 | +5.2% |
| Raw materials and consumables | 30/31 | €53,877 | €73,631 | +€19,754 | +36.7% |
| Work in progress | 32 | €114,101 | €233,253 | +€119,151 | +104.4% |
| Finished goods | 33 | €1,408 | €3,004 | +€1,596 | +113.3% |
| Goods purchased for resale | 34 | €540,910 | €437,511 | -€103,399 | -19.1% |
| Amounts receivable within one year | 40/41 | €11,875,958 | €10,099,856 | -€1.8m | -15.0% |
| Trade receivables | 40 | €7,126,176 | €6,694,742 | -€431,434 | -6.1% |
| Other amounts receivable | 41 | €4,749,782 | €3,405,114 | -€1.3m | -28.3% |
| Deferred charges and accrued income | 490/1 | €92,957 | €194,733 | +€101,775 | +109.5% |
| Total equity and liabilities | 10/49 | €18,670,174 | €16,796,058 | -€1.9m | -10.0% |
| Equity | 10/15 | €10,522,393 | €9,837,073 | -€685,320 | -6.5% |
| Contributions | 10/11 | €520,576 | €520,576 | = | 0.0% |
| Capital | 10 | €520,576 | €520,576 | = | 0.0% |
| Issued capital | 100 | €520,576 | €520,576 | = | 0.0% |
| Reserves | 13 | €52,058 | €52,058 | = | 0.0% |
| Non-distributable reserves | 130/1 | €52,058 | €52,058 | = | 0.0% |
| Legal reserve | 130 | €52,058 | €52,058 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,949,759 | €9,264,439 | -€685,320 | -6.9% |
| Provisions and deferred taxes | 16 | €206,795 | €204,428 | -€2,367 | -1.1% |
| Provisions for liabilities and charges | 160/5 | €206,795 | €204,428 | -€2,367 | -1.1% |
| Pensions and similar obligations | 160 | €206,795 | €204,428 | -€2,367 | -1.1% |
| Amounts payable | 17/49 | €7,940,986 | €6,754,557 | -€1.2m | -14.9% |
| Amounts payable within one year | 42/48 | €6,979,321 | €5,774,488 | -€1.2m | -17.3% |
| Trade debts | 44 | €1,902,155 | €1,939,889 | +€37,734 | +2.0% |
| Suppliers | 440/4 | €1,902,155 | €1,939,889 | +€37,734 | +2.0% |
| Taxes, remuneration and social security | 45 | €2,077,166 | €1,834,599 | -€242,567 | -11.7% |
| Taxes | 450/3 | €577,670 | €479,053 | -€98,617 | -17.1% |
| Remuneration and social security | 454/9 | €1,499,496 | €1,355,546 | -€143,950 | -9.6% |
| Other amounts payable | 47/48 | €3,000,000 | €2,000,000 | -€1.0m | -33.3% |
| Accrued charges and deferred income | 492/3 | €961,665 | €980,069 | +€18,404 | +1.9% |
| Operating income | 70/76A | €46,245,003 | €45,991,736 | -€253,267 | -0.5% |
| Turnover | 70 | €45,251,475 | €45,265,226 | +€13,752 | 0.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€82,675 | €120,747 | +€203,423 | |
| Other operating income | 74 | €1,076,204 | €605,762 | -€470,442 | -43.7% |
| Operating charges | 60/66A | €45,049,868 | €44,145,628 | -€904,239 | -2.0% |
| Goods for resale, raw materials and consumables | 60 | €31,193,452 | €31,350,987 | +€157,535 | +0.5% |
| Purchases | 600/8 | €30,726,622 | €31,283,220 | +€556,598 | +1.8% |
| Change in stocks: decrease (increase) | 609 | €466,830 | €67,767 | -€399,063 | -85.5% |
| Services and other goods | 61 | €5,520,785 | €4,419,372 | -€1.1m | -20.0% |
| Remuneration, social security and pensions | 62 | €7,827,549 | €7,722,437 | -€105,112 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €586,546 | €612,892 | +€26,345 | +4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€149,851 | €8,706 | +€158,557 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €10,968 | -€2,367 | -€13,334 | |
| Other operating charges | 640/8 | €60,418 | €33,601 | -€26,817 | -44.4% |
| Operating profit (loss) | 9901 | €1,195,136 | €1,846,108 | +€650,972 | +54.5% |
| Financial income | 75/76B | €118,864 | €98,053 | -€20,811 | -17.5% |
| Recurring financial income | 75 | €118,864 | €98,053 | -€20,811 | -17.5% |
| Income from current assets | 751 | €101,136 | €81,394 | -€19,741 | -19.5% |
| Other financial income | 752/9 | €17,728 | €16,659 | -€1,070 | -6.0% |
| Financial charges | 65/66B | €254,768 | €216,420 | -€38,348 | -15.1% |
| Recurring financial charges | 65 | €254,768 | €216,420 | -€38,348 | -15.1% |
| Other financial charges | 652/9 | €254,768 | €216,420 | -€38,348 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €1,059,232 | €1,727,741 | +€668,509 | +63.1% |
| Income taxes | 67/77 | €371,474 | €413,061 | +€41,587 | +11.2% |
| Taxes | 670/3 | €371,474 | €413,061 | +€41,587 | +11.2% |
| Profit (loss) for the period | 9904 | €687,758 | €1,314,680 | +€626,922 | +91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €687,758 | €1,314,680 | +€626,922 | +91.2% |
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 9 October 2026 via checked.be.