PHONETECH: 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.
PHONETECH
Largest movements
- Intangible fixed assets +€121,729
new in 2025: €121,729
- Deferred charges and accrued income +€31,262
new in 2025: €31,262
- Receivables within one year -€19,442
down €19,442 (-6.5%), from €300,836 to €281,394
of which Trade receivables: -€49,103
- Stocks and contracts -€8,160
down €8,160 (-5.8%), from €140,661 to €132,501
- Debts after one year +€164,045
up €164,045 (+164%), from €100,000 to €264,045
- Trade debts -€134,125
down €134,125 (-70.1%), from €191,364 to €57,239
- Profit (loss) carried forward +€40,541
up €40,541 (+25.7%), from €157,539 to €198,080
- Other debts +€24,220
up €24,220 (+1,285%), from €1,885 to €26,105
- Tax, wage and social debts +€18,709
up €18,709 (+7,307%), from €256 to €18,965
of which Remuneration and social security: +€18,879
- Taxes -€26,722
down €26,722 (-95.4%), from €28,000 to €1,278
- Gross operating margin -€14,409
down €14,409 (-13.9%), from €103,907 to €89,498
- Financial charges +€2,984
up €2,984 (+32.8%), from €9,110 to €12,094
of which Financial charges: +€2,985
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 | €469,743 | €596,969 | +€127,225 | +27.1% |
| Fixed assets | 21/28 | €9,312 | €136,266 | +€126,954 | +1,363% |
| Intangible fixed assets | 21 | - | €121,729 | +€121,729 | |
| Tangible fixed assets | 22/27 | €7,772 | €12,997 | +€5,225 | +67.2% |
| Plant, machinery and equipment | 23 | €2,518 | €472 | -€2,046 | -81.3% |
| Furniture and vehicles | 24 | €1,234 | €10,514 | +€9,280 | +752% |
| Other tangible fixed assets | 26 | €4,021 | €2,011 | -€2,010 | -50.0% |
| Financial fixed assets | 28 | €1,540 | €1,540 | = | 0.0% |
| Current assets | 29/58 | €460,431 | €460,703 | +€271 | +0.1% |
| Stocks and contracts in progress | 3 | €140,661 | €132,501 | -€8,160 | -5.8% |
| Stocks | 30/36 | €140,661 | €132,501 | -€8,160 | -5.8% |
| Amounts receivable within one year | 40/41 | €300,836 | €281,394 | -€19,442 | -6.5% |
| Trade receivables | 40 | €300,686 | €251,583 | -€49,103 | -16.3% |
| Other amounts receivable | 41 | €150 | €29,812 | +€29,662 | +19,789% |
| Cash at bank and in hand | 54/58 | €18,934 | €15,545 | -€3,389 | -17.9% |
| Deferred charges and accrued income | 490/1 | - | €31,262 | +€31,262 | |
| Total equity and liabilities | 10/49 | €469,743 | €596,969 | +€127,225 | +27.1% |
| Equity | 10/15 | €176,239 | €216,780 | +€40,541 | +23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,539 | €198,080 | +€40,541 | +25.7% |
| Amounts payable | 17/49 | €293,505 | €380,189 | +€86,684 | +29.5% |
| Amounts payable after more than one year | 17 | €100,000 | €264,045 | +€164,045 | +164% |
| Other amounts payable | 178/9 | €100,000 | €264,045 | +€164,045 | +164% |
| Amounts payable within one year | 42/48 | €193,505 | €116,144 | -€77,361 | -40.0% |
| Current portion of amounts payable after more than one year | 42 | - | €13,835 | +€13,835 | |
| Trade debts | 44 | €191,364 | €57,239 | -€134,125 | -70.1% |
| Suppliers | 440/4 | €191,364 | €57,239 | -€134,125 | -70.1% |
| Taxes, remuneration and social security | 45 | €256 | €18,965 | +€18,709 | +7,307% |
| Taxes | 450/3 | €170 | - | -€170 | |
| Remuneration and social security | 454/9 | €86 | €18,965 | +€18,879 | +21,927% |
| Other amounts payable | 47/48 | €1,885 | €26,105 | +€24,220 | +1,285% |
| Remuneration, social security and pensions | 62 | €24,876 | €24,233 | -€643 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,711 | €10,201 | +€490 | +5.0% |
| Other operating charges | 640/8 | €949 | €1,351 | +€402 | +42.4% |
| Gross operating margin | 9900 | €103,907 | €89,498 | -€14,409 | -13.9% |
| Operating profit (loss) | 9901 | €68,371 | €53,714 | -€14,658 | -21.4% |
| Financial income | 75/76B | €90 | €199 | +€110 | +122% |
| Recurring financial income | 75 | €90 | €199 | +€110 | +122% |
| Non-recurring financial income | 76B | €90 | - | -€90 | |
| Financial charges | 65/66B | €9,110 | €12,094 | +€2,984 | +32.8% |
| Recurring financial charges | 65 | €9,109 | €12,094 | +€2,985 | +32.8% |
| Non-recurring financial charges | 66B | €1 | - | -€1 | |
| Profit (loss) for the period before taxes | 9903 | €59,351 | €41,819 | -€17,532 | -29.5% |
| Income taxes | 67/77 | €28,000 | €1,278 | -€26,722 | -95.4% |
| Profit (loss) for the period | 9904 | €31,351 | €40,541 | +€9,190 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,351 | €40,541 | +€9,190 | +29.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.