PHOENIX DIAMOND: 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 DIAMOND
Largest movements
- Receivables within one year -€169,350
down €169,350 (-23.1%), from €731,999 to €562,650
of which Trade receivables: -€211,276
- Stocks and contracts +€80,845
up €80,845 (+4.4%), from €1.8m to €1.9m
- Cash -€72,075
down €72,075 (-64.3%), from €112,049 to €39,974
mainly Net result for the year (-€320,352) and Stocks and contracts (-€80,845)
- Trade debts +€179,196
up €179,196 (+8.9%), from €2.0m to €2.2m
- Reserves -€166,302
down €166,302 (-35.2%), from €472,236 to €305,934
- Profit (loss) carried forward -€154,050
no longer reported in 2025 (was €154,050)
- Gross operating margin -€455,518
down €455,518, from €215,951 to -€239,567
- Financial charges +€11,650
up €11,650 (+124.6%), from €9,348 to €20,998
- Staff costs -€9,413
down €9,413 (-16.9%), from €55,653 to €46,240
- Other operating charges +€8,185
up €8,185 (+238.0%), from €3,439 to €11,624
- Depreciation -€3,633
down €3,633 (-82.8%), from €4,388 to €755
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 | €2,697,311 | €2,541,071 | -€156,239 | -5.8% |
| Fixed assets | 21/28 | €10,411 | €15,113 | +€4,703 | +45.2% |
| Tangible fixed assets | 22/27 | €5,758 | €9,927 | +€4,170 | +72.4% |
| Furniture and vehicles | 24 | €5,758 | €9,927 | +€4,170 | +72.4% |
| Financial fixed assets | 28 | €4,653 | €5,186 | +€533 | +11.5% |
| Current assets | 29/58 | €2,686,900 | €2,525,958 | -€160,942 | -6.0% |
| Stocks and contracts in progress | 3 | €1,842,489 | €1,923,334 | +€80,845 | +4.4% |
| Stocks | 30/36 | €1,842,489 | €1,923,334 | +€80,845 | +4.4% |
| Amounts receivable within one year | 40/41 | €731,999 | €562,650 | -€169,350 | -23.1% |
| Trade receivables | 40 | €727,212 | €515,936 | -€211,276 | -29.1% |
| Other amounts receivable | 41 | €4,787 | €46,713 | +€41,926 | +875.8% |
| Cash at bank and in hand | 54/58 | €112,049 | €39,974 | -€72,075 | -64.3% |
| Deferred charges and accrued income | 490/1 | €363 | - | -€363 | |
| Total equity and liabilities | 10/49 | €2,697,311 | €2,541,071 | -€156,239 | -5.8% |
| Equity | 10/15 | €644,871 | €324,519 | -€320,352 | -49.7% |
| Contributions | 10/11 | €18,585 | €18,585 | = | 0.0% |
| Reserves | 13 | €472,236 | €305,934 | -€166,302 | -35.2% |
| Distributable reserves | 133 | €472,236 | €305,934 | -€166,302 | -35.2% |
| Profit (loss) carried forward | 14 | €154,050 | - | -€154,050 | |
| Amounts payable | 17/49 | €2,052,439 | €2,216,552 | +€164,113 | +8.0% |
| Amounts payable within one year | 42/48 | €2,052,439 | €2,216,552 | +€164,113 | +8.0% |
| Trade debts | 44 | €2,023,544 | €2,202,740 | +€179,196 | +8.9% |
| Suppliers | 440/4 | €2,023,544 | €2,202,740 | +€179,196 | +8.9% |
| Taxes, remuneration and social security | 45 | €17,996 | €13,812 | -€4,184 | -23.2% |
| Taxes | 450/3 | €6,971 | €2,139 | -€4,831 | -69.3% |
| Remuneration and social security | 454/9 | €11,026 | €11,673 | +€647 | +5.9% |
| Other amounts payable | 47/48 | €10,899 | - | -€10,899 | |
| Non-recurring operating income | 76A | - | €2,388 | +€2,388 | |
| Remuneration, social security and pensions | 62 | €55,653 | €46,240 | -€9,413 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,388 | €755 | -€3,633 | -82.8% |
| Other operating charges | 640/8 | €3,439 | €11,624 | +€8,185 | +238.0% |
| Gross operating margin | 9900 | €215,951 | -€239,567 | -€455,518 | |
| Operating profit (loss) | 9901 | €152,472 | -€298,186 | -€450,658 | |
| Financial income | 75/76B | €842 | €1,333 | +€491 | +58.3% |
| Recurring financial income | 75 | €842 | €1,333 | +€491 | +58.3% |
| Financial charges | 65/66B | €9,348 | €20,998 | +€11,650 | +124.6% |
| Recurring financial charges | 65 | €9,348 | €20,998 | +€11,650 | +124.6% |
| Profit (loss) for the period before taxes | 9903 | €143,966 | -€317,852 | -€461,817 | |
| Income taxes | 67/77 | €2,618 | €2,500 | -€117 | -4.5% |
| Profit (loss) for the period | 9904 | €141,348 | -€320,352 | -€461,700 | |
| Profit (loss) for the period to be appropriated | 9905 | €141,348 | -€320,352 | -€461,700 |
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 8 October 2026 via checked.be.