PHOENIX WASTE: 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 WASTE
Largest movements
- Stocks and contracts -€16,747
down €16,747 (-57.1%), from €29,315 to €12,568
- Short-term financial debts -€12,500
down €12,500 (-14.5%), from €86,000 to €73,500
- Accrued charges and deferred income -€12,451
no longer reported in 2024 (was €12,451)
- Gross operating margin +€14,853
up €14,853 (+113.5%), from €13,092 to €27,945
- Financial charges +€4,011
up €4,011 (+39.6%), from €10,123 to €14,134
of which Non-recurring financial charges: +€3,732
- Taxes +€1,338
up €1,338 (+41.7%), from €3,205 to €4,543
- Other operating charges +€698
up €698 (+156.0%), from €447 to €1,146
- Depreciation +€438
up €438 (+363.5%), from €121 to €559
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 | €1,211,600 | €1,208,269 | -€3,331 | -0.3% |
| Fixed assets | 21/28 | €953 | €1,484 | +€531 | +55.7% |
| Tangible fixed assets | 22/27 | €953 | €1,484 | +€531 | +55.7% |
| Furniture and vehicles | 24 | €953 | €1,484 | +€531 | +55.7% |
| Current assets | 29/58 | €1,210,647 | €1,206,785 | -€3,862 | -0.3% |
| Stocks and contracts in progress | 3 | €29,315 | €12,568 | -€16,747 | -57.1% |
| Stocks | 30/36 | €29,315 | €12,568 | -€16,747 | -57.1% |
| Amounts receivable within one year | 40/41 | €1,161,741 | €1,164,655 | +€2,914 | +0.3% |
| Trade receivables | 40 | €1,076,683 | €1,130,728 | +€54,046 | +5.0% |
| Other amounts receivable | 41 | €85,058 | €33,927 | -€51,131 | -60.1% |
| Cash at bank and in hand | 54/58 | €18,830 | €29,561 | +€10,731 | +57.0% |
| Deferred charges and accrued income | 490/1 | €761 | - | -€761 | |
| Total equity and liabilities | 10/49 | €1,211,600 | €1,208,269 | -€3,331 | -0.3% |
| Equity | 10/15 | €40,128 | €51,015 | +€10,887 | +27.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,042 | -€17,156 | +€10,887 | +38.8% |
| Amounts payable | 17/49 | €1,171,471 | €1,157,254 | -€14,217 | -1.2% |
| Amounts payable within one year | 42/48 | €1,159,020 | €1,157,254 | -€1,767 | -0.2% |
| Financial debts | 43 | €86,000 | €73,500 | -€12,500 | -14.5% |
| Credit institutions | 430/8 | €86,000 | €73,500 | -€12,500 | -14.5% |
| Trade debts | 44 | €1,065,973 | €1,075,422 | +€9,449 | +0.9% |
| Suppliers | 440/4 | €1,065,973 | €1,075,422 | +€9,449 | +0.9% |
| Taxes, remuneration and social security | 45 | €7,047 | €8,332 | +€1,285 | +18.2% |
| Taxes | 450/3 | €7,047 | €8,332 | +€1,285 | +18.2% |
| Accrued charges and deferred income | 492/3 | €12,451 | - | -€12,451 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121 | €559 | +€438 | +363.5% |
| Other operating charges | 640/8 | €447 | €1,146 | +€698 | +156.0% |
| Gross operating margin | 9900 | €13,092 | €27,945 | +€14,853 | +113.5% |
| Operating profit (loss) | 9901 | €12,523 | €26,240 | +€13,717 | +109.5% |
| Financial income | 75/76B | €3,622 | €3,323 | -€299 | -8.3% |
| Recurring financial income | 75 | €3,622 | €3,323 | -€299 | -8.3% |
| Financial charges | 65/66B | €10,123 | €14,134 | +€4,011 | +39.6% |
| Recurring financial charges | 65 | €10,123 | €10,402 | +€279 | +2.8% |
| Non-recurring financial charges | 66B | - | €3,732 | +€3,732 | |
| Profit (loss) for the period before taxes | 9903 | €6,023 | €15,430 | +€9,407 | +156.2% |
| Income taxes | 67/77 | €3,205 | €4,543 | +€1,338 | +41.7% |
| Profit (loss) for the period | 9904 | €2,818 | €10,887 | +€8,069 | +286.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,818 | €10,887 | +€8,069 | +286.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.