PHONE-FXR: 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.
PHONE-FXR
Largest movements
- Receivables within one year +€8,734
up €8,734 (+300.9%), from €2,903 to €11,636
of which Trade receivables: +€10,399
- Stocks and contracts +€5,421
new in 2025: €5,421
- Cash +€5,038
up €5,038 (+36.3%), from €13,890 to €18,928
mainly Tax, wage and social debts (+€11,847) and Trade debts (+€6,859)
- Tangible fixed assets +€798
new in 2025: €798
- Tax, wage and social debts +€11,847
up €11,847 (+241.5%), from €4,906 to €16,753
- Trade debts +€6,859
up €6,859 (+105.5%), from €6,499 to €13,358
- Profit (loss) carried forward +€1,284
up €1,284 (+53.7%), from €2,388 to €3,672
- Turnover -€28,337
no longer reported in 2025 (was €28,337)
- Purchases and services -€20,636
no longer reported in 2025 (was €20,636)
- Gross operating margin -€5,851
down €5,851 (-76.0%), from €7,701 to €1,849
- Staff costs -€5,206
no longer reported in 2025 (was €5,206)
- Depreciation +€399
new in 2025: €399
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 | €16,793 | €36,783 | +€19,990 | +119.0% |
| Fixed assets | 21/28 | - | €798 | +€798 | |
| Tangible fixed assets | 22/27 | - | €798 | +€798 | |
| Furniture and vehicles | 24 | - | €798 | +€798 | |
| Current assets | 29/58 | €16,793 | €35,985 | +€19,192 | +114.3% |
| Stocks and contracts in progress | 3 | - | €5,421 | +€5,421 | |
| Stocks | 30/36 | - | €5,421 | +€5,421 | |
| Amounts receivable within one year | 40/41 | €2,903 | €11,636 | +€8,734 | +300.9% |
| Trade receivables | 40 | - | €10,399 | +€10,399 | |
| Other amounts receivable | 41 | €2,903 | €1,238 | -€1,665 | -57.4% |
| Cash at bank and in hand | 54/58 | €13,890 | €18,928 | +€5,038 | +36.3% |
| Total equity and liabilities | 10/49 | €16,793 | €36,783 | +€19,990 | +119.0% |
| Equity | 10/15 | €5,388 | €6,672 | +€1,284 | +23.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,388 | €3,672 | +€1,284 | +53.7% |
| Amounts payable | 17/49 | €11,405 | €30,111 | +€18,706 | +164.0% |
| Amounts payable within one year | 42/48 | €11,405 | €30,111 | +€18,706 | +164.0% |
| Trade debts | 44 | €6,499 | €13,358 | +€6,859 | +105.5% |
| Suppliers | 440/4 | €6,499 | €13,358 | +€6,859 | +105.5% |
| Taxes, remuneration and social security | 45 | €4,906 | €16,753 | +€11,847 | +241.5% |
| Taxes | 450/3 | €4,906 | €16,753 | +€11,847 | +241.5% |
| Turnover | 70 | €28,337 | - | -€28,337 | |
| Goods, raw materials, services and sundry goods | 60/61 | €20,636 | - | -€20,636 | |
| Remuneration, social security and pensions | 62 | €5,206 | - | -€5,206 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €399 | +€399 | |
| Gross operating margin | 9900 | €7,701 | €1,849 | -€5,851 | -76.0% |
| Operating profit (loss) | 9901 | €2,495 | €1,450 | -€1,044 | -41.9% |
| Financial charges | 65/66B | €106 | €167 | +€60 | +56.7% |
| Recurring financial charges | 65 | €106 | €167 | +€60 | +56.7% |
| Profit (loss) for the period before taxes | 9903 | €2,388 | €1,284 | -€1,105 | -46.3% |
| Profit (loss) for the period | 9904 | €2,388 | €1,284 | -€1,105 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,388 | €1,284 | -€1,105 | -46.3% |
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 10 October 2026 via checked.be.