PHONECLICK: 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.
PHONECLICK
Largest movements
- Cash +€77,033
up €77,033 (+60.4%), from €127,590 to €204,623
mainly Other debts (+€145,498) and Net result for the year (+€62,800)
- Current investments -€36,000
down €36,000 (-100.0%), from €36,000 to €0
- Receivables within one year +€21,443
up €21,443 (+150.6%), from €14,238 to €35,682
of which Trade receivables: +€19,389
- Tangible fixed assets -€12,729
down €12,729 (-8.9%), from €142,395 to €129,666
of which Land and buildings: -€7,194
- Other debts +€145,498
up €145,498 (+534.4%), from €27,224 to €172,722
- Reserves -€87,200
down €87,200 (-55.7%), from €156,618 to €69,418
- Trade debts +€27,573
up €27,573 (+158.0%), from €17,446 to €45,019
- Debts after one year -€24,381
down €24,381 (-26.4%), from €92,425 to €68,044
- Tax, wage and social debts -€6,791
down €6,791 (-20.3%), from €33,414 to €26,624
- Gross operating margin -€41,322
down €41,322 (-24.6%), from €168,204 to €126,882
- Financial charges -€8,644
down €8,644 (-20.7%), from €41,671 to €33,026
- Financial income +€6,404
up €6,404 (+1478.4%), from €433 to €6,838
- Taxes -€5,207
down €5,207 (-24.2%), from €21,546 to €16,340
- Other operating charges -€4,745
down €4,745 (-39.4%), from €12,035 to €7,289
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 | €344,033 | €392,556 | +€48,523 | +14.1% |
| Fixed assets | 21/28 | €142,395 | €129,666 | -€12,729 | -8.9% |
| Tangible fixed assets | 22/27 | €142,395 | €129,666 | -€12,729 | -8.9% |
| Land and buildings | 22 | €112,146 | €104,952 | -€7,194 | -6.4% |
| Plant, machinery and equipment | 23 | €4,097 | €3,577 | -€520 | -12.7% |
| Furniture and vehicles | 24 | €26,152 | €21,137 | -€5,015 | -19.2% |
| Current assets | 29/58 | €201,638 | €262,890 | +€61,252 | +30.4% |
| Stocks and contracts in progress | 3 | €19,164 | €18,726 | -€438 | -2.3% |
| Stocks | 30/36 | €19,164 | €18,726 | -€438 | -2.3% |
| Amounts receivable within one year | 40/41 | €14,238 | €35,682 | +€21,443 | +150.6% |
| Trade receivables | 40 | €14,238 | €33,627 | +€19,389 | +136.2% |
| Other amounts receivable | 41 | €0 | €2,055 | +€2,055 | |
| Current investments | 50/53 | €36,000 | €0 | -€36,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €127,590 | €204,623 | +€77,033 | +60.4% |
| Deferred charges and accrued income | 490/1 | €4,646 | €3,860 | -€786 | -16.9% |
| Total equity and liabilities | 10/49 | €344,033 | €392,556 | +€48,523 | +14.1% |
| Equity | 10/15 | €158,118 | €70,918 | -€87,200 | -55.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €156,618 | €69,418 | -€87,200 | -55.7% |
| Distributable reserves | 133 | €156,618 | €69,418 | -€87,200 | -55.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €185,915 | €321,638 | +€135,723 | +73.0% |
| Amounts payable after more than one year | 17 | €92,425 | €68,044 | -€24,381 | -26.4% |
| Financial debts | 170/4 | €92,425 | €68,044 | -€24,381 | -26.4% |
| Amounts payable within one year | 42/48 | €90,309 | €252,196 | +€161,888 | +179.3% |
| Current portion of amounts payable after more than one year | 42 | €12,224 | €7,832 | -€4,392 | -35.9% |
| Trade debts | 44 | €17,446 | €45,019 | +€27,573 | +158.0% |
| Suppliers | 440/4 | €17,446 | €45,019 | +€27,573 | +158.0% |
| Taxes, remuneration and social security | 45 | €33,414 | €26,624 | -€6,791 | -20.3% |
| Taxes | 450/3 | €33,414 | €26,624 | -€6,791 | -20.3% |
| Other amounts payable | 47/48 | €27,224 | €172,722 | +€145,498 | +534.4% |
| Accrued charges and deferred income | 492/3 | €3,181 | €1,398 | -€1,784 | -56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,916 | €14,264 | +€1,348 | +10.4% |
| Other operating charges | 640/8 | €12,035 | €7,289 | -€4,745 | -39.4% |
| Non-recurring operating charges | 66A | €579 | €0 | -€579 | -100.0% |
| Gross operating margin | 9900 | €168,204 | €126,882 | -€41,322 | -24.6% |
| Operating profit (loss) | 9901 | €142,674 | €105,328 | -€37,346 | -26.2% |
| Financial income | 75/76B | €433 | €6,838 | +€6,404 | +1478.4% |
| Recurring financial income | 75 | €433 | €6,838 | +€6,404 | +1478.4% |
| Financial charges | 65/66B | €41,671 | €33,026 | -€8,644 | -20.7% |
| Recurring financial charges | 65 | €41,671 | €33,026 | -€8,644 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €101,437 | €79,140 | -€22,297 | -22.0% |
| Income taxes | 67/77 | €21,546 | €16,340 | -€5,207 | -24.2% |
| Profit (loss) for the period | 9904 | €79,890 | €62,800 | -€17,090 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €79,890 | €62,800 | -€17,090 | -21.4% |
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 2 October 2026 via checked.be.