PHOENIX LUXUS: 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 LUXUS
Largest movements
- Tangible fixed assets -€3,233
down €3,233 (-34.6%), from €9,337 to €6,104
- Receivables within one year -€2,369
no longer reported in 2025 (was €2,369)
- Cash +€815
up €815 (+67.5%), from €1,208 to €2,022
mainly Other debts (+€13,166) and Depreciation (+€3,233)
- Deferred charges and accrued income -€684
no longer reported in 2025 (was €684)
- Profit (loss) carried forward -€15,144
down €15,144 (-81.4%), from -€18,616 to -€33,760
- Other debts +€13,166
up €13,166 (+50.5%), from €26,096 to €39,262
- Tax, wage and social debts -€3,917
down €3,917 (-71.4%), from €5,485 to €1,568
of which Remuneration and social security: -€3,439
- Trade debts +€580
up €580 (+314.8%), from €184 to €764
- Advances received -€240
no longer reported in 2025 (was €240)
- Gross operating margin -€27,938
down €27,938, from €23,030 to -€4,908
- Staff costs -€19,178
down €19,178 (-76.4%), from €25,109 to €5,931
- Depreciation +€2,870
up €2,870 (+791.1%), from €363 to €3,233
- Other operating charges -€255
down €255 (-65.7%), from €387 to €133
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 | €14,889 | €9,334 | -€5,555 | -37.3% |
| Fixed assets | 21/28 | €10,387 | €7,154 | -€3,233 | -31.1% |
| Tangible fixed assets | 22/27 | €9,337 | €6,104 | -€3,233 | -34.6% |
| Furniture and vehicles | 24 | €9,337 | €6,104 | -€3,233 | -34.6% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €4,501 | €2,180 | -€2,322 | -51.6% |
| Stocks and contracts in progress | 3 | €241 | €157 | -€84 | -34.7% |
| Stocks | 30/36 | €241 | €157 | -€84 | -34.7% |
| Amounts receivable within one year | 40/41 | €2,369 | - | -€2,369 | |
| Trade receivables | 40 | €2,369 | - | -€2,369 | |
| Cash at bank and in hand | 54/58 | €1,208 | €2,022 | +€815 | +67.5% |
| Deferred charges and accrued income | 490/1 | €684 | - | -€684 | |
| Total equity and liabilities | 10/49 | €14,889 | €9,334 | -€5,555 | -37.3% |
| Equity | 10/15 | -€17,116 | -€32,260 | -€15,144 | -88.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,616 | -€33,760 | -€15,144 | -81.4% |
| Amounts payable | 17/49 | €32,005 | €41,594 | +€9,589 | +30.0% |
| Amounts payable within one year | 42/48 | €32,005 | €41,594 | +€9,589 | +30.0% |
| Trade debts | 44 | €184 | €764 | +€580 | +314.8% |
| Suppliers | 440/4 | €184 | €764 | +€580 | +314.8% |
| Advances received on contracts in progress | 46 | €240 | - | -€240 | |
| Taxes, remuneration and social security | 45 | €5,485 | €1,568 | -€3,917 | -71.4% |
| Taxes | 450/3 | €1,483 | €1,006 | -€478 | -32.2% |
| Remuneration and social security | 454/9 | €4,002 | €562 | -€3,439 | -85.9% |
| Other amounts payable | 47/48 | €26,096 | €39,262 | +€13,166 | +50.5% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €25,109 | €5,931 | -€19,178 | -76.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €363 | €3,233 | +€2,870 | +791.1% |
| Other operating charges | 640/8 | €387 | €133 | -€255 | -65.7% |
| Gross operating margin | 9900 | €23,030 | -€4,908 | -€27,938 | |
| Operating profit (loss) | 9901 | -€2,829 | -€14,205 | -€11,376 | -402.1% |
| Financial income | 75/76B | €2 | €38 | +€36 | +1585.0% |
| Recurring financial income | 75 | €2 | €38 | +€36 | +1585.0% |
| Financial charges | 65/66B | €822 | €977 | +€155 | +18.8% |
| Recurring financial charges | 65 | €822 | €977 | +€155 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,649 | -€15,144 | -€11,495 | -315.0% |
| Profit (loss) for the period | 9904 | -€3,649 | -€15,144 | -€11,495 | -315.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,649 | -€15,144 | -€11,495 | -315.0% |
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.