PHONE-IT: 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.
PHONE-IT
Largest movements
- Stocks and contracts +€607,730
up €607,730 (+3438.3%), from €17,675 to €625,405
- Receivables within one year +€439,451
up €439,451 (+29121.6%), from €1,509 to €440,960
of which Trade receivables: +€437,667
- Cash +€22,848
up €22,848 (+99.8%), from €22,899 to €45,748
mainly Trade debts (+€1.1m) and Other debts (+€8,966)
- Trade debts +€1.1m
up €1.1m (+191363.6%), from €568 to €1.1m
of which Suppliers: +€1.0m
- Debts after one year -€24,000
no longer reported in 2022 (was €24,000)
- Purchases and services -€57,833
no longer reported in 2022 (was €57,833)
- Turnover -€56,880
no longer reported in 2022 (was €56,880)
- Gross operating margin +€32,424
up €32,424, from -€725 to €31,699
- Staff costs +€11,292
up €11,292 (+75.1%), from €15,044 to €26,335
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,100 | €1,126,596 | +€1.1m | +2148.7% |
| Fixed assets | 21/28 | €8,001 | €14,483 | +€6,482 | +81.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €501 | €6,983 | +€6,482 | +1293.7% |
| Plant, machinery and equipment | 23 | €501 | €177 | -€324 | -64.7% |
| Furniture and vehicles | 24 | €0 | €6,806 | +€6,806 | |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €42,099 | €1,112,113 | +€1.1m | +2541.6% |
| Stocks and contracts in progress | 3 | €17,675 | €625,405 | +€607,730 | +3438.3% |
| Stocks | 30/36 | €17,675 | €625,405 | +€607,730 | +3438.3% |
| Amounts receivable within one year | 40/41 | €1,509 | €440,960 | +€439,451 | +29121.6% |
| Trade receivables | 40 | €1,509 | €439,176 | +€437,667 | +29003.4% |
| Other amounts receivable | 41 | - | €1,784 | +€1,784 | |
| Cash at bank and in hand | 54/58 | €22,899 | €45,748 | +€22,848 | +99.8% |
| Deferred charges and accrued income | 490/1 | €16 | - | -€16 | |
| Total equity and liabilities | 10/49 | €50,100 | €1,126,596 | +€1.1m | +2148.7% |
| Equity | 10/15 | €1,806 | €5,897 | +€4,092 | +226.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €631 | €631 | = | 0.0% |
| Non-distributable reserves | 130/1 | €631 | €631 | = | 0.0% |
| Reserves not available under the articles | 1311 | €631 | €631 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,426 | -€13,334 | +€4,092 | +23.5% |
| Amounts payable | 17/49 | €48,295 | €1,120,699 | +€1.1m | +2220.5% |
| Amounts payable after more than one year | 17 | €24,000 | - | -€24,000 | |
| Other amounts payable | 178/9 | €24,000 | - | -€24,000 | |
| Amounts payable within one year | 42/48 | €24,295 | €1,120,699 | +€1.1m | +4512.9% |
| Trade debts | 44 | €568 | €1,087,418 | +€1.1m | +191363.6% |
| Suppliers | 440/4 | €568 | €1,006,697 | +€1.0m | +177150.9% |
| Bills of exchange payable | 441 | - | €80,721 | +€80,721 | |
| Taxes, remuneration and social security | 45 | €4,010 | €4,598 | +€588 | +14.7% |
| Taxes | 450/3 | €525 | €54 | -€471 | -89.7% |
| Remuneration and social security | 454/9 | €3,486 | €4,544 | +€1,059 | +30.4% |
| Other amounts payable | 47/48 | €19,716 | €28,683 | +€8,966 | +45.5% |
| Turnover | 70 | €56,880 | - | -€56,880 | |
| Goods, raw materials, services and sundry goods | 60/61 | €57,833 | - | -€57,833 | |
| Remuneration, social security and pensions | 62 | €15,044 | €26,335 | +€11,292 | +75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €324 | €518 | +€194 | +60.0% |
| Other operating charges | 640/8 | - | €485 | +€485 | |
| Gross operating margin | 9900 | -€725 | €31,699 | +€32,424 | |
| Operating profit (loss) | 9901 | -€16,093 | €4,360 | +€20,453 | |
| Financial income | 75/76B | €75 | €1 | -€75 | -99.3% |
| Recurring financial income | 75 | €75 | €1 | -€75 | -99.3% |
| Financial charges | 65/66B | €99 | €269 | +€170 | +171.1% |
| Recurring financial charges | 65 | €99 | €269 | +€170 | +171.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,117 | €4,092 | +€20,209 | |
| Profit (loss) for the period | 9904 | -€16,117 | €4,092 | +€20,209 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,117 | €4,092 | +€20,209 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.