PHOENIX GENERAL SERVICES: 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 GENERAL SERVICES
Largest movements
- Stocks and contracts +€22,209
new in 2024: €22,209
- Financial fixed assets +€19,300
new in 2024: €19,300
- Tangible fixed assets +€7,307
new in 2024: €7,307
- Receivables within one year -€3,145
down €3,145 (-4.6%), from €68,197 to €65,052
of which Other amounts receivable: -€3,826
- Cash +€1,867
up €1,867 (+31.2%), from €5,975 to €7,842
mainly Advances received (+€22,975) and Net result for the year (+€11,475)
- Advances received +€22,975
new in 2024: €22,975
- Profit (loss) carried forward +€15,040
up €15,040 (+48.4%), from €31,069 to €46,108
- Trade debts +€5,604
up €5,604 (+159.5%), from €3,512 to €9,116
- Current portion of long-term debt +€3,500
new in 2024: €3,500
- Tax, wage and social debts +€1,335
up €1,335 (+87.4%), from €1,528 to €2,863
of which Taxes: +€2,407
- Purchases and services +€110,352
up €110,352 (+458.8%), from €24,052 to €134,404
- Gross operating margin +€38,452
up €38,452 (+2074.7%), from €1,853 to €40,306
- Staff costs +€21,252
new in 2024: €21,252
- Other operating charges +€4,057
up €4,057 (+712.8%), from €569 to €4,626
- Taxes +€1,914
new in 2024: €1,914
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,172 | €122,626 | +€48,454 | +65.3% |
| Fixed assets | 21/28 | - | €26,607 | +€26,607 | |
| Tangible fixed assets | 22/27 | - | €7,307 | +€7,307 | |
| Plant, machinery and equipment | 23 | - | €7,307 | +€7,307 | |
| Financial fixed assets | 28 | - | €19,300 | +€19,300 | |
| Current assets | 29/58 | €74,172 | €96,019 | +€21,847 | +29.5% |
| Stocks and contracts in progress | 3 | - | €22,209 | +€22,209 | |
| Contracts in progress | 37 | - | €22,209 | +€22,209 | |
| Amounts receivable within one year | 40/41 | €68,197 | €65,052 | -€3,145 | -4.6% |
| Trade receivables | 40 | €58,847 | €59,527 | +€681 | +1.2% |
| Other amounts receivable | 41 | €9,350 | €5,524 | -€3,826 | -40.9% |
| Cash at bank and in hand | 54/58 | €5,975 | €7,842 | +€1,867 | +31.2% |
| Deferred charges and accrued income | 490/1 | - | €916 | +€916 | |
| Total equity and liabilities | 10/49 | €74,172 | €122,626 | +€48,454 | +65.3% |
| Equity | 10/15 | €69,132 | €84,172 | +€15,040 | +21.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €8,063 | €8,063 | = | 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% |
| Distributable reserves | 133 | €6,203 | €6,203 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,069 | €46,108 | +€15,040 | +48.4% |
| Amounts payable | 17/49 | €5,040 | €38,454 | +€33,414 | +663.0% |
| Amounts payable within one year | 42/48 | €5,040 | €38,454 | +€33,414 | +663.0% |
| Current portion of amounts payable after more than one year | 42 | - | €3,500 | +€3,500 | |
| Trade debts | 44 | €3,512 | €9,116 | +€5,604 | +159.5% |
| Suppliers | 440/4 | €3,512 | €9,116 | +€5,604 | +159.5% |
| Advances received on contracts in progress | 46 | - | €22,975 | +€22,975 | |
| Taxes, remuneration and social security | 45 | €1,528 | €2,863 | +€1,335 | +87.4% |
| Taxes | 450/3 | - | €2,407 | +€2,407 | |
| Remuneration and social security | 454/9 | €1,528 | €457 | -€1,071 | -70.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,052 | €134,404 | +€110,352 | +458.8% |
| Remuneration, social security and pensions | 62 | - | €21,252 | +€21,252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €214 | +€214 | |
| Other operating charges | 640/8 | €569 | €4,626 | +€4,057 | +712.8% |
| Gross operating margin | 9900 | €1,853 | €40,306 | +€38,452 | +2074.7% |
| Operating profit (loss) | 9901 | €1,284 | €14,214 | +€12,929 | +1006.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €92 | €825 | +€734 | +802.2% |
| Recurring financial charges | 65 | €92 | €825 | +€734 | +802.2% |
| Profit (loss) for the period before taxes | 9903 | €1,193 | €13,389 | +€12,197 | +1022.6% |
| Income taxes | 67/77 | - | €1,914 | +€1,914 | |
| Profit (loss) for the period | 9904 | €1,193 | €11,475 | +€10,282 | +862.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,193 | €11,475 | +€10,282 | +862.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.