PHONETRADER: 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.
PHONETRADER
Largest movements
- Receivables within one year -€25,367
down €25,367 (-58.1%), from €43,638 to €18,271
of which Trade receivables: -€26,044
- Tangible fixed assets -€2,603
down €2,603 (-46.9%), from €5,548 to €2,945
- Cash +€2,089
up €2,089 (+20.9%), from €10,015 to €12,104
mainly Receivables within one year (+€25,367) and Depreciation (+€2,603)
- Tax, wage and social debts -€14,865
down €14,865 (-56.9%), from €26,102 to €11,237
of which Remuneration and social security: -€11,201
- Profit (loss) carried forward -€4,833
new in 2025: -€4,833
- Reserves -€4,386
down €4,386 (-41.2%), from €10,643 to €6,257
- Trade debts -€1,797
down €1,797 (-73.2%), from €2,456 to €659
- Staff costs -€23,354
down €23,354 (-42.4%), from €55,117 to €31,764
- Gross operating margin -€14,885
down €14,885 (-36.2%), from €41,094 to €26,209
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 | €59,200 | €33,320 | -€25,881 | -43.7% |
| Fixed assets | 21/28 | €5,548 | €2,945 | -€2,603 | -46.9% |
| Tangible fixed assets | 22/27 | €5,548 | €2,945 | -€2,603 | -46.9% |
| Furniture and vehicles | 24 | €5,548 | €2,945 | -€2,603 | -46.9% |
| Current assets | 29/58 | €53,652 | €30,375 | -€23,278 | -43.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €43,638 | €18,271 | -€25,367 | -58.1% |
| Trade receivables | 40 | €43,638 | €17,593 | -€26,044 | -59.7% |
| Other amounts receivable | 41 | - | €678 | +€678 | |
| Cash at bank and in hand | 54/58 | €10,015 | €12,104 | +€2,089 | +20.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €59,200 | €33,320 | -€25,881 | -43.7% |
| Equity | 10/15 | €30,643 | €21,423 | -€9,219 | -30.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €10,643 | €6,257 | -€4,386 | -41.2% |
| Distributable reserves | 133 | €10,643 | €6,257 | -€4,386 | -41.2% |
| Profit (loss) carried forward | 14 | - | -€4,833 | -€4,833 | |
| Amounts payable | 17/49 | €28,558 | €11,896 | -€16,662 | -58.3% |
| Amounts payable within one year | 42/48 | €28,558 | €11,896 | -€16,662 | -58.3% |
| Trade debts | 44 | €2,456 | €659 | -€1,797 | -73.2% |
| Suppliers | 440/4 | €2,456 | €659 | -€1,797 | -73.2% |
| Taxes, remuneration and social security | 45 | €26,102 | €11,237 | -€14,865 | -56.9% |
| Taxes | 450/3 | €5,053 | €1,390 | -€3,663 | -72.5% |
| Remuneration and social security | 454/9 | €21,049 | €9,848 | -€11,201 | -53.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €55,117 | €31,764 | -€23,354 | -42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,603 | €2,603 | = | 0.0% |
| Other operating charges | 640/8 | €933 | €951 | +€19 | +2.0% |
| Gross operating margin | 9900 | €41,094 | €26,209 | -€14,885 | -36.2% |
| Operating profit (loss) | 9901 | -€17,559 | -€9,109 | +€8,450 | +48.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €33 | €40 | +€7 | +19.7% |
| Recurring financial charges | 65 | €33 | €40 | +€7 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,592 | -€9,149 | +€8,444 | +48.0% |
| Income taxes | 67/77 | €101 | €71 | -€30 | -30.1% |
| Profit (loss) for the period | 9904 | -€17,693 | -€9,219 | +€8,474 | +47.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,693 | -€9,219 | +€8,474 | +47.9% |
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 20 October 2026 via checked.be.