Phoenix Impact Solutions: what changed
Two financial 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 Impact Solutions
Largest movements
- Tangible fixed assets -€13,941
down €13,941 (-45.1%), from €30,906 to €16,965
of which Furniture and vehicles: -€13,266
- Cash +€9,826
up €9,826 (+104%), from €9,483 to €19,310
mainly Other debts (+€32,234) and Debts after one year (+€27,371)
- Receivables within one year +€2,004
up €2,004 (+3.7%), from €53,704 to €55,707
- Deferred charges and accrued income +€1,721
up €1,721 (+55.3%), from €3,113 to €4,834
- Reserves -€40,000
no longer reported in 2025 (was €40,000)
- Other debts +€32,234
up €32,234 (+155%), from €20,766 to €53,000
- Debts after one year +€27,371
new in 2025: €27,371
- Trade debts -€15,806
down €15,806 (-90.7%), from €17,431 to €1,625
- Tax, wage and social debts -€3,816
down €3,816 (-46.1%), from €8,272 to €4,456
- Financial charges -€16,054
down €16,054 (-30.2%), from €53,084 to €37,031
- Gross operating margin -€9,643
down €9,643 (-11.7%), from €82,421 to €72,778
- Depreciation +€7,474
up €7,474 (+95.8%), from €7,800 to €15,274
- Taxes -€1,252
down €1,252 (-16.4%), from €7,630 to €6,378
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.
Derived cash bridge
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 | €97,249 | €96,859 | -€390 | -0.4% |
| Fixed assets | 21/28 | €30,949 | €17,008 | -€13,941 | -45.0% |
| Tangible fixed assets | 22/27 | €30,906 | €16,965 | -€13,941 | -45.1% |
| Plant, machinery and equipment | 23 | €749 | €74 | -€675 | -90.1% |
| Furniture and vehicles | 24 | €30,157 | €16,891 | -€13,266 | -44.0% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €66,300 | €79,851 | +€13,551 | +20.4% |
| Amounts receivable within one year | 40/41 | €53,704 | €55,707 | +€2,004 | +3.7% |
| Trade receivables | 40 | €53,704 | €55,707 | +€2,004 | +3.7% |
| Cash at bank and in hand | 54/58 | €9,483 | €19,310 | +€9,826 | +104% |
| Deferred charges and accrued income | 490/1 | €3,113 | €4,834 | +€1,721 | +55.3% |
| Total equity and liabilities | 10/49 | €97,249 | €96,859 | -€390 | -0.4% |
| Equity | 10/15 | €50,780 | €10,407 | -€40,374 | -79.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €40,000 | - | -€40,000 | |
| Distributable reserves | 133 | €40,000 | - | -€40,000 | |
| Profit (loss) carried forward | 14 | €780 | €407 | -€374 | -47.9% |
| Amounts payable | 17/49 | €46,469 | €86,452 | +€39,984 | +86.0% |
| Amounts payable after more than one year | 17 | - | €27,371 | +€27,371 | |
| Financial debts | 170/4 | - | €27,371 | +€27,371 | |
| Amounts payable within one year | 42/48 | €46,469 | €59,081 | +€12,612 | +27.1% |
| Trade debts | 44 | €17,431 | €1,625 | -€15,806 | -90.7% |
| Suppliers | 440/4 | €17,431 | €1,625 | -€15,806 | -90.7% |
| Taxes, remuneration and social security | 45 | €8,272 | €4,456 | -€3,816 | -46.1% |
| Taxes | 450/3 | €8,272 | €4,456 | -€3,816 | -46.1% |
| Other amounts payable | 47/48 | €20,766 | €53,000 | +€32,234 | +155% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,800 | €15,274 | +€7,474 | +95.8% |
| Other operating charges | 640/8 | €1,379 | €1,477 | +€98 | +7.1% |
| Gross operating margin | 9900 | €82,421 | €72,778 | -€9,643 | -11.7% |
| Operating profit (loss) | 9901 | €73,243 | €56,027 | -€17,216 | -23.5% |
| Financial income | 75/76B | €441 | €8 | -€433 | -98.2% |
| Recurring financial income | 75 | €441 | €8 | -€433 | -98.2% |
| Financial charges | 65/66B | €53,084 | €37,031 | -€16,054 | -30.2% |
| Recurring financial charges | 65 | €53,084 | €37,031 | -€16,054 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €20,599 | €19,004 | -€1,595 | -7.7% |
| Income taxes | 67/77 | €7,630 | €6,378 | -€1,252 | -16.4% |
| Profit (loss) for the period | 9904 | €12,969 | €12,626 | -€343 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,969 | €12,626 | -€343 | -2.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.