PHOMADES: 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.
PHOMADES
Largest movements
- Cash +€22,831
up €22,831 (+57.2%), from €39,911 to €62,742
mainly Net result for the year (+€19,500) and Trade debts (+€16,797)
- Receivables within one year +€4,498
up €4,498 (+10.0%), from €44,967 to €49,465
of which Trade receivables: +€10,864
- Tangible fixed assets -€3,974
down €3,974 (-2.7%), from €145,781 to €141,807
of which Land and buildings: -€5,700
- Trade debts +€16,797
up €16,797 (+402.9%), from €4,169 to €20,966
- Reserves +€9,000
up €9,000 (+9.8%), from €92,124 to €101,124
of which Distributable reserves: +€9,000
- Tax, wage and social debts +€4,688
up €4,688 (+14.7%), from €31,903 to €36,592
- Current portion of long-term debt -€4,427
down €4,427 (-74.2%), from €5,966 to €1,539
- Gross operating margin +€7,007
up €7,007 (+17.1%), from €40,919 to €47,927
- Depreciation -€5,835
down €5,835 (-36.5%), from €16,005 to €10,170
- Taxes +€2,894
up €2,894 (+32.3%), from €8,955 to €11,849
- Other operating charges +€1,039
up €1,039 (+66.2%), from €1,569 to €2,608
- Financial charges -€699
down €699 (-14.9%), from €4,704 to €4,005
of which Financial charges: -€510
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 | €233,639 | €258,235 | +€24,596 | +10.5% |
| Fixed assets | 21/28 | €145,781 | €141,807 | -€3,974 | -2.7% |
| Tangible fixed assets | 22/27 | €145,781 | €141,807 | -€3,974 | -2.7% |
| Land and buildings | 22 | €123,100 | €117,400 | -€5,700 | -4.6% |
| Plant, machinery and equipment | 23 | €132 | €412 | +€280 | +212.1% |
| Furniture and vehicles | 24 | €22,549 | €23,995 | +€1,446 | +6.4% |
| Current assets | 29/58 | €87,858 | €116,428 | +€28,570 | +32.5% |
| Stocks and contracts in progress | 3 | €2,352 | €2,503 | +€151 | +6.4% |
| Stocks | 30/36 | €2,352 | €2,503 | +€151 | +6.4% |
| Amounts receivable within one year | 40/41 | €44,967 | €49,465 | +€4,498 | +10.0% |
| Trade receivables | 40 | €38,206 | €49,069 | +€10,864 | +28.4% |
| Other amounts receivable | 41 | €6,761 | €396 | -€6,365 | -94.1% |
| Cash at bank and in hand | 54/58 | €39,911 | €62,742 | +€22,831 | +57.2% |
| Deferred charges and accrued income | 490/1 | €629 | €1,718 | +€1,089 | +173.1% |
| Total equity and liabilities | 10/49 | €233,639 | €258,235 | +€24,596 | +10.5% |
| Equity | 10/15 | €100,944 | €109,994 | +€9,050 | +9.0% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Reserves | 13 | €92,124 | €101,124 | +€9,000 | +9.8% |
| Non-distributable reserves | 130/1 | €124 | €124 | = | 0.0% |
| Reserves not available under the articles | 1311 | €124 | €124 | = | 0.0% |
| Distributable reserves | 133 | €92,000 | €101,000 | +€9,000 | +9.8% |
| Profit (loss) carried forward | 14 | €7,580 | €7,630 | +€50 | +0.7% |
| Amounts payable | 17/49 | €132,695 | €148,241 | +€15,546 | +11.7% |
| Amounts payable after more than one year | 17 | €1,539 | - | -€1,539 | |
| Financial debts | 170/4 | €1,539 | - | -€1,539 | |
| Amounts payable within one year | 42/48 | €131,156 | €148,241 | +€17,085 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €5,966 | €1,539 | -€4,427 | -74.2% |
| Trade debts | 44 | €4,169 | €20,966 | +€16,797 | +402.9% |
| Suppliers | 440/4 | €4,169 | €20,966 | +€16,797 | +402.9% |
| Taxes, remuneration and social security | 45 | €31,903 | €36,592 | +€4,688 | +14.7% |
| Taxes | 450/3 | €31,903 | €36,592 | +€4,688 | +14.7% |
| Other amounts payable | 47/48 | €89,118 | €89,144 | +€26 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,005 | €10,170 | -€5,835 | -36.5% |
| Other operating charges | 640/8 | €1,569 | €2,608 | +€1,039 | +66.2% |
| Non-recurring operating charges | 66A | - | €11 | +€11 | |
| Gross operating margin | 9900 | €40,919 | €47,927 | +€7,007 | +17.1% |
| Operating profit (loss) | 9901 | €23,346 | €35,137 | +€11,791 | +50.5% |
| Financial income | 75/76B | €136 | €216 | +€80 | +59.3% |
| Recurring financial income | 75 | €136 | €216 | +€80 | +59.3% |
| Financial charges | 65/66B | €4,704 | €4,005 | -€699 | -14.9% |
| Recurring financial charges | 65 | €4,515 | €4,005 | -€510 | -11.3% |
| Non-recurring financial charges | 66B | €189 | - | -€189 | |
| Profit (loss) for the period before taxes | 9903 | €18,777 | €31,349 | +€12,571 | +66.9% |
| Income taxes | 67/77 | €8,955 | €11,849 | +€2,894 | +32.3% |
| Profit (loss) for the period | 9904 | €9,823 | €19,500 | +€9,677 | +98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,823 | €19,500 | +€9,677 | +98.5% |
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 1 October 2026 via checked.be.