PhoenixKM: 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.
PhoenixKM
Largest movements
- Receivables within one year -€31,794
down €31,794 (-86.8%), from €36,633 to €4,839
of which Trade receivables: -€36,633
- Cash +€18,869
up €18,869 (+44.8%), from €42,150 to €61,019
mainly Receivables within one year (+€31,794)
- Tax, wage and social debts -€5,531
down €5,531 (-84.0%), from €6,581 to €1,050
of which Taxes: -€5,531
- Reserves -€4,559
down €4,559 (-8.9%), from €51,166 to €46,608
- Other debts -€2,186
down €2,186 (-100%), from €2,186 to €0
- Gross operating margin -€23,042
down €23,042, from €19,100 to -€3,942
- Staff costs -€3,085
down €3,085 (-100%), from €3,085 to €0
- Taxes -€1,035
down €1,035 (-100%), from €1,035 to €0
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 | €78,782 | €66,258 | -€12,525 | -15.9% |
| Current assets | 29/58 | €78,782 | €66,258 | -€12,525 | -15.9% |
| Amounts receivable within one year | 40/41 | €36,633 | €4,839 | -€31,794 | -86.8% |
| Trade receivables | 40 | €36,633 | €0 | -€36,633 | -100% |
| Other amounts receivable | 41 | - | €4,839 | +€4,839 | |
| Cash at bank and in hand | 54/58 | €42,150 | €61,019 | +€18,869 | +44.8% |
| Deferred charges and accrued income | 490/1 | €0 | €400 | +€400 | |
| Total equity and liabilities | 10/49 | €78,782 | €66,258 | -€12,525 | -15.9% |
| Equity | 10/15 | €69,766 | €65,208 | -€4,559 | -6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,166 | €46,608 | -€4,559 | -8.9% |
| Distributable reserves | 133 | €51,166 | €46,608 | -€4,559 | -8.9% |
| Amounts payable | 17/49 | €9,016 | €1,050 | -€7,966 | -88.4% |
| Amounts payable within one year | 42/48 | €9,016 | €1,050 | -€7,966 | -88.4% |
| Trade debts | 44 | €249 | €0 | -€249 | -100% |
| Suppliers | 440/4 | €249 | €0 | -€249 | -100% |
| Taxes, remuneration and social security | 45 | €6,581 | €1,050 | -€5,531 | -84.0% |
| Taxes | 450/3 | €6,581 | €1,050 | -€5,531 | -84.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,186 | €0 | -€2,186 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €3,085 | €0 | -€3,085 | -100% |
| Other operating charges | 640/8 | €502 | €526 | +€23 | +4.7% |
| Non-recurring operating charges | 66A | €9,795 | €0 | -€9,795 | -100% |
| Gross operating margin | 9900 | €19,100 | -€3,942 | -€23,042 | |
| Operating profit (loss) | 9901 | €5,717 | -€4,468 | -€10,185 | |
| Financial charges | 65/66B | €206 | €91 | -€115 | -56.0% |
| Recurring financial charges | 65 | €206 | €91 | -€115 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | €5,511 | -€4,559 | -€10,070 | |
| Income taxes | 67/77 | €1,035 | €0 | -€1,035 | -100% |
| Profit (loss) for the period | 9904 | €4,477 | -€4,559 | -€9,035 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,477 | -€4,559 | -€9,035 |
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 14 October 2026 via checked.be.