PHOENIX CORPORATION: what changed
What changed
PHOENIX CORPORATION
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€29,187
2024 · €17,626+€11,561
Equity
€227,388
2024 · €198,201+€29,187
Cash
€16,825
2024 · €14,979+€1,847
Balance sheet total
€262,017
2024 · €235,837+€26,180
Largest movements
Assets
- Current investments +€34,537
up €34,537 (+123%), from €28,000 to €62,537
- Tangible fixed assets -€12,916
down €12,916 (-37.5%), from €34,424 to €21,508
of which Furniture and vehicles: -€11,437
Equity and liabilities
- Profit (loss) carried forward +€29,187
up €29,187 (+27.6%), from €105,859 to €135,046
- Debts after one year -€7,032
no longer reported in 2025 (was €7,032)
- Trade debts +€3,668
up €3,668 (+126%), from €2,906 to €6,574
- Tax, wage and social debts +€2,862
up €2,862 (+15.8%), from €18,161 to €21,023
of which Taxes: +€6,711
Income statement
- Gross operating margin +€23,840
up €23,840 (+62.2%), from €38,318 to €62,157
- Other operating charges +€7,188
up €7,188 (+596%), from €1,205 to €8,393
- Taxes +€4,738
up €4,738 (+72.1%), from €6,567 to €11,306
- Depreciation +€702
up €702 (+5.7%), from €12,214 to €12,916
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€17,626
Gross operating margin
+€23,840
Depreciation
-€702
Other operating charges
-€7,188
Financial income
-€5
Financial charges
+€354
Taxes
-€4,738
Result 2025
€29,187
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€45,920
Investment
-€34,537
Financing
-€9,537
Cash 2024
€14,979
From operations (derived)
+€45,920
Net result for the year
+€29,187
Depreciation
+€12,916
Receivables within one year
-€1,998
Deferred charges and accrued income
-€715
Trade debts
+€3,668
Tax, wage and social debts
+€2,862
Investment (derived)
-€34,537
Current investments
-€34,537
Financing
-€9,537
Debts after one year
-€7,032
Current portion of long-term debt
-€2,505
Cash 2025
€16,825
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,837 | €262,017 | +€26,180 | +11.1% |
| Fixed assets | 21/28 | €187,451 | €174,535 | -€12,916 | -6.9% |
| Tangible fixed assets | 22/27 | €34,424 | €21,508 | -€12,916 | -37.5% |
| Land and buildings | 22 | €3,763 | €2,284 | -€1,479 | -39.3% |
| Furniture and vehicles | 24 | €30,661 | €19,224 | -€11,437 | -37.3% |
| Financial fixed assets | 28 | €153,027 | €153,027 | = | 0.0% |
| Current assets | 29/58 | €48,386 | €87,482 | +€39,096 | +80.8% |
| Amounts receivable within one year | 40/41 | €3,027 | €5,025 | +€1,998 | +66.0% |
| Other amounts receivable | 41 | €3,027 | €5,025 | +€1,998 | +66.0% |
| Current investments | 50/53 | €28,000 | €62,537 | +€34,537 | +123% |
| Cash at bank and in hand | 54/58 | €14,979 | €16,825 | +€1,847 | +12.3% |
| Deferred charges and accrued income | 490/1 | €2,380 | €3,095 | +€715 | +30.0% |
| Total equity and liabilities | 10/49 | €235,837 | €262,017 | +€26,180 | +11.1% |
| Equity | 10/15 | €198,201 | €227,388 | +€29,187 | +14.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €50,000 | +€50,000 | |
| Other | 1109/19 | - | €50,000 | +€50,000 | |
| Reserves | 13 | €42,342 | €42,342 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €37,342 | €37,342 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,859 | €135,046 | +€29,187 | +27.6% |
| Amounts payable | 17/49 | €37,636 | €34,629 | -€3,007 | -8.0% |
| Amounts payable after more than one year | 17 | €7,032 | - | -€7,032 | |
| Financial debts | 170/4 | €7,032 | - | -€7,032 | |
| Amounts payable within one year | 42/48 | €30,604 | €34,629 | +€4,025 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €9,537 | €7,032 | -€2,505 | -26.3% |
| Trade debts | 44 | €2,906 | €6,574 | +€3,668 | +126% |
| Suppliers | 440/4 | €2,906 | €6,574 | +€3,668 | +126% |
| Taxes, remuneration and social security | 45 | €18,161 | €21,023 | +€2,862 | +15.8% |
| Taxes | 450/3 | €12,151 | €18,862 | +€6,711 | +55.2% |
| Remuneration and social security | 454/9 | €6,010 | €2,161 | -€3,849 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,214 | €12,916 | +€702 | +5.7% |
| Other operating charges | 640/8 | €1,205 | €8,393 | +€7,188 | +596% |
| Gross operating margin | 9900 | €38,318 | €62,157 | +€23,840 | +62.2% |
| Operating profit (loss) | 9901 | €24,898 | €40,848 | +€15,950 | +64.1% |
| Financial income | 75/76B | €204 | €199 | -€5 | -2.4% |
| Recurring financial income | 75 | €204 | €199 | -€5 | -2.4% |
| Financial charges | 65/66B | €909 | €555 | -€354 | -39.0% |
| Recurring financial charges | 65 | €909 | €555 | -€354 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €24,193 | €40,493 | +€16,300 | +67.4% |
| Income taxes | 67/77 | €6,567 | €11,306 | +€4,738 | +72.1% |
| Profit (loss) for the period | 9904 | €17,626 | €29,187 | +€11,561 | +65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,626 | €29,187 | +€11,561 | +65.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.