PHONEXPRESS: 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.
PHONEXPRESS
Largest movements
- Tangible fixed assets -€7,021
down €7,021 (-25.2%), from €27,808 to €20,787
of which Furniture and vehicles: -€7,913
- Receivables within one year -€5,489
down €5,489 (-45.2%), from €12,135 to €6,646
of which Trade receivables: -€3,740
- Cash -€2,913
down €2,913 (-47.9%), from €6,082 to €3,170
mainly Net result for the year (-€12,250) and Investment in fixed assets (net) (-€5,458)
- Stocks and contracts -€670
no longer reported in 2024 (was €670)
- Profit (loss) carried forward -€12,250
down €12,250 (-82.8%), from €14,802 to €2,553
- Debts after one year -€3,238
down €3,238 (-25.5%), from €12,712 to €9,474
- Current portion of long-term debt -€738
down €738 (-10.9%), from €6,779 to €6,041
- Trade debts +€526
up €526 (+13.2%), from €3,974 to €4,499
- Gross operating margin -€24,425
down €24,425 (-84.1%), from €29,056 to €4,631
- Financial charges +€2,814
up €2,814, from -€541 to €2,273
- Staff costs +€1,037
up €1,037 (+416%), from €249 to €1,286
- Taxes +€847
no longer reported in 2024 (was -€847)
- Other operating charges -€459
down €459 (-35.2%), from €1,302 to €844
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,195 | €32,103 | -€16,092 | -33.4% |
| Fixed assets | 21/28 | €29,308 | €22,287 | -€7,021 | -24.0% |
| Tangible fixed assets | 22/27 | €27,808 | €20,787 | -€7,021 | -25.2% |
| Plant, machinery and equipment | 23 | - | €892 | +€892 | |
| Furniture and vehicles | 24 | €27,808 | €19,895 | -€7,913 | -28.5% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €18,887 | €9,816 | -€9,071 | -48.0% |
| Stocks and contracts in progress | 3 | €670 | - | -€670 | |
| Stocks | 30/36 | €670 | - | -€670 | |
| Amounts receivable within one year | 40/41 | €12,135 | €6,646 | -€5,489 | -45.2% |
| Trade receivables | 40 | €3,740 | - | -€3,740 | |
| Other amounts receivable | 41 | €8,395 | €6,646 | -€1,749 | -20.8% |
| Cash at bank and in hand | 54/58 | €6,082 | €3,170 | -€2,913 | -47.9% |
| Total equity and liabilities | 10/49 | €48,195 | €32,103 | -€16,092 | -33.4% |
| Equity | 10/15 | €21,002 | €8,753 | -€12,250 | -58.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,802 | €2,553 | -€12,250 | -82.8% |
| Amounts payable | 17/49 | €27,193 | €23,350 | -€3,842 | -14.1% |
| Amounts payable after more than one year | 17 | €12,712 | €9,474 | -€3,238 | -25.5% |
| Financial debts | 170/4 | €12,712 | €9,474 | -€3,238 | -25.5% |
| Amounts payable within one year | 42/48 | €14,480 | €13,876 | -€604 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €6,779 | €6,041 | -€738 | -10.9% |
| Trade debts | 44 | €3,974 | €4,499 | +€526 | +13.2% |
| Suppliers | 440/4 | €3,974 | €4,499 | +€526 | +13.2% |
| Taxes, remuneration and social security | 45 | €3,728 | €3,336 | -€392 | -10.5% |
| Taxes | 450/3 | €3,575 | €3,336 | -€239 | -6.7% |
| Remuneration and social security | 454/9 | €153 | - | -€153 | |
| Remuneration, social security and pensions | 62 | €249 | €1,286 | +€1,037 | +416% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,289 | €12,479 | +€189 | +1.5% |
| Other operating charges | 640/8 | €1,302 | €844 | -€459 | -35.2% |
| Gross operating margin | 9900 | €29,056 | €4,631 | -€24,425 | -84.1% |
| Operating profit (loss) | 9901 | €15,215 | -€9,977 | -€25,192 | |
| Financial income | 75/76B | €18 | €0 | -€18 | -99.8% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -99.8% |
| Financial charges | 65/66B | -€541 | €2,273 | +€2,814 | |
| Recurring financial charges | 65 | -€541 | €2,273 | +€2,814 | |
| Profit (loss) for the period before taxes | 9903 | €15,774 | -€12,250 | -€28,024 | |
| Income taxes | 67/77 | -€847 | - | +€847 | |
| Profit (loss) for the period | 9904 | €16,622 | -€12,250 | -€28,871 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,622 | -€12,250 | -€28,871 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.