Phoenix Vans: 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 Vans
Largest movements
- Receivables within one year +€52,371
up €52,371 (+66.7%), from €78,536 to €130,907
of which Trade receivables: +€35,041
- Cash -€14,923
down €14,923 (-42.6%), from €35,039 to €20,116
mainly Receivables within one year (-€52,371) and Contributions, distributions and other (-€47,000)
- Receivables after one year -€6,000
down €6,000 (-12.5%), from €48,000 to €42,000
- Tangible fixed assets -€2,542
down €2,542 (-11.7%), from €21,707 to €19,165
of which Leasing and similar rights: -€11,174
- Other debts +€42,500
new in 2025: €42,500
- Profit (loss) carried forward -€34,763
down €34,763 (-29.8%), from €116,709 to €81,946
- Trade debts +€26,779
up €26,779 (+48.5%), from €55,235 to €82,013
- Debts after one year -€6,690
no longer reported in 2025 (was €6,690)
- Contributions +€3,000
new in 2025: €3,000
- Purchases and services +€93,370
up €93,370 (+13.1%), from €711,721 to €805,091
- Turnover +€74,271
up €74,271 (+9.4%), from €787,686 to €861,957
- Staff costs +€32,767
new in 2025: €32,767
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 | €212,743 | €242,241 | +€29,498 | +13.9% |
| Fixed assets | 21/28 | €50,707 | €48,165 | -€2,542 | -5.0% |
| Tangible fixed assets | 22/27 | €21,707 | €19,165 | -€2,542 | -11.7% |
| Plant, machinery and equipment | 23 | €1,066 | €853 | -€213 | -20.0% |
| Furniture and vehicles | 24 | €894 | €9,739 | +€8,845 | +989% |
| Leasing and similar rights | 25 | €19,747 | €8,574 | -€11,174 | -56.6% |
| Financial fixed assets | 28 | €29,000 | €29,000 | = | 0.0% |
| Current assets | 29/58 | €162,036 | €194,076 | +€32,040 | +19.8% |
| Amounts receivable after more than one year | 29 | €48,000 | €42,000 | -€6,000 | -12.5% |
| Other amounts receivable | 291 | €48,000 | €42,000 | -€6,000 | -12.5% |
| Amounts receivable within one year | 40/41 | €78,536 | €130,907 | +€52,371 | +66.7% |
| Trade receivables | 40 | €50,409 | €85,450 | +€35,041 | +69.5% |
| Other amounts receivable | 41 | €28,127 | €45,458 | +€17,330 | +61.6% |
| Cash at bank and in hand | 54/58 | €35,039 | €20,116 | -€14,923 | -42.6% |
| Deferred charges and accrued income | 490/1 | €461 | €1,053 | +€592 | +128% |
| Total equity and liabilities | 10/49 | €212,743 | €242,241 | +€29,498 | +13.9% |
| Equity | 10/15 | €116,709 | €84,946 | -€31,763 | -27.2% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €116,709 | €81,946 | -€34,763 | -29.8% |
| Amounts payable | 17/49 | €96,034 | €157,295 | +€61,261 | +63.8% |
| Amounts payable after more than one year | 17 | €6,690 | - | -€6,690 | |
| Financial debts | 170/4 | €6,690 | - | -€6,690 | |
| Amounts payable within one year | 42/48 | €89,344 | €157,295 | +€67,951 | +76.1% |
| Current portion of amounts payable after more than one year | 42 | €6,360 | €6,690 | +€330 | +5.2% |
| Trade debts | 44 | €55,235 | €82,013 | +€26,779 | +48.5% |
| Suppliers | 440/4 | €55,235 | €82,013 | +€26,779 | +48.5% |
| Taxes, remuneration and social security | 45 | €27,750 | €26,092 | -€1,658 | -6.0% |
| Taxes | 450/3 | €27,750 | €21,783 | -€5,966 | -21.5% |
| Remuneration and social security | 454/9 | - | €4,309 | +€4,309 | |
| Other amounts payable | 47/48 | - | €42,500 | +€42,500 | |
| Turnover | 70 | €787,686 | €861,957 | +€74,271 | +9.4% |
| Non-recurring operating income | 76A | - | €25,297 | +€25,297 | |
| Goods, raw materials, services and sundry goods | 60/61 | €711,721 | €805,091 | +€93,370 | +13.1% |
| Remuneration, social security and pensions | 62 | - | €32,767 | +€32,767 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,412 | €12,714 | -€1,698 | -11.8% |
| Other operating charges | 640/8 | €10,486 | €7,471 | -€3,015 | -28.7% |
| Non-recurring operating charges | 66A | - | €4,251 | +€4,251 | |
| Gross operating margin | 9900 | €80,795 | €82,164 | +€1,369 | +1.7% |
| Operating profit (loss) | 9901 | €55,897 | €24,960 | -€30,937 | -55.3% |
| Financial income | 75/76B | - | €610 | +€610 | |
| Recurring financial income | 75 | - | €610 | +€610 | |
| Financial charges | 65/66B | €1,111 | €5,445 | +€4,334 | +390% |
| Recurring financial charges | 65 | €1,111 | €5,445 | +€4,334 | +390% |
| Profit (loss) for the period before taxes | 9903 | €54,786 | €20,124 | -€34,661 | -63.3% |
| Income taxes | 67/77 | €12,208 | €4,887 | -€7,321 | -60.0% |
| Profit (loss) for the period | 9904 | €42,578 | €15,237 | -€27,340 | -64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,578 | €15,237 | -€27,340 | -64.2% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.