PHOENIX POST: 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 POST
Largest movements
- Cash +€9,311
up €9,311 (+2687.5%), from €346 to €9,657
mainly Net result for the year (+€9,011) and Receivables after one year (+€172)
- Receivables after one year -€172
no longer reported in 2025 (was €172)
- Profit (loss) carried forward +€9,011
up €9,011, from -€5,820 to €3,190
- Other debts +€128
new in 2025: €128
- Gross operating margin +€17,659
up €17,659, from -€5,820 to €11,839
- Taxes +€2,738
new in 2025: €2,738
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 | €519 | €9,657 | +€9,138 | +1762.4% |
| Current assets | 29/58 | €519 | €9,657 | +€9,138 | +1762.4% |
| Amounts receivable after more than one year | 29 | €172 | - | -€172 | |
| Other amounts receivable | 291 | €172 | - | -€172 | |
| Cash at bank and in hand | 54/58 | €346 | €9,657 | +€9,311 | +2687.5% |
| Total equity and liabilities | 10/49 | €519 | €9,657 | +€9,138 | +1762.4% |
| Equity | 10/15 | €519 | €9,529 | +€9,011 | +1737.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €139 | €139 | = | 0.0% |
| Non-distributable reserves | 130/1 | €139 | €139 | = | 0.0% |
| Legal reserve | 130 | €139 | €139 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,820 | €3,190 | +€9,011 | |
| Amounts payable | 17/49 | - | €128 | +€128 | |
| Amounts payable within one year | 42/48 | - | €128 | +€128 | |
| Other amounts payable | 47/48 | - | €128 | +€128 | |
| Gross operating margin | 9900 | -€5,820 | €11,839 | +€17,659 | |
| Operating profit (loss) | 9901 | -€5,820 | €11,839 | +€17,659 | |
| Financial charges | 65/66B | - | €90 | +€90 | |
| Recurring financial charges | 65 | - | €90 | +€90 | |
| Profit (loss) for the period before taxes | 9903 | -€5,820 | €11,749 | +€17,569 | |
| Income taxes | 67/77 | - | €2,738 | +€2,738 | |
| Profit (loss) for the period | 9904 | -€5,820 | €9,011 | +€14,831 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,820 | €9,011 | +€14,831 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.