PHORMIO: 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.
PHORMIO
Largest movements
- Tangible fixed assets -€280,577
down €280,577 (-3.4%), from €8.2m to €8.0m
of which Land and buildings: -€269,492
- Profit (loss) carried forward -€334,547
down €334,547 (-3.0%), from -€11.1m to -€11.4m
- Turnover +€780,000
new in 2025: €780,000
- Financial charges -€270,053
down €270,053 (-27.0%), from €998,657 to €728,604
of which Financial charges: -€269,211
- Purchases and services +€93,206
new in 2025: €93,206
- Gross operating margin +€33,385
up €33,385 (+5.1%), from €653,408 to €686,794
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 | €8,337,491 | €8,065,334 | -€272,158 | -3.3% |
| Fixed assets | 21/28 | €8,239,988 | €7,959,412 | -€280,577 | -3.4% |
| Tangible fixed assets | 22/27 | €8,238,318 | €7,957,742 | -€280,577 | -3.4% |
| Land and buildings | 22 | €8,214,614 | €7,945,122 | -€269,492 | -3.3% |
| Plant, machinery and equipment | 23 | €13,160 | €9,604 | -€3,556 | -27.0% |
| Furniture and vehicles | 24 | €10,545 | €3,015 | -€7,529 | -71.4% |
| Financial fixed assets | 28 | €1,670 | €1,670 | = | 0.0% |
| Current assets | 29/58 | €97,503 | €105,922 | +€8,419 | +8.6% |
| Amounts receivable within one year | 40/41 | €513 | €513 | = | 0.0% |
| Other amounts receivable | 41 | €513 | €513 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €96,790 | €102,536 | +€5,746 | +5.9% |
| Deferred charges and accrued income | 490/1 | €200 | €2,873 | +€2,673 | +1,336% |
| Total equity and liabilities | 10/49 | €8,337,491 | €8,065,334 | -€272,158 | -3.3% |
| Equity | 10/15 | -€6,946,743 | -€7,281,290 | -€334,547 | -4.8% |
| Contributions | 10/11 | €4,122,960 | €4,122,960 | = | 0.0% |
| Capital | 10 | €4,122,960 | €4,122,960 | = | 0.0% |
| Issued capital | 100 | €4,122,960 | €4,122,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,069,703 | -€11,404,250 | -€334,547 | -3.0% |
| Amounts payable | 17/49 | €15,284,234 | €15,346,624 | +€62,390 | +0.4% |
| Amounts payable after more than one year | 17 | €15,255,868 | €15,255,868 | = | 0.0% |
| Financial debts | 170/4 | €15,255,868 | €15,255,868 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,361 | €22,154 | +€2,793 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €15,500 | €15,500 | = | 0.0% |
| Trade debts | 44 | €3,861 | €6,654 | +€2,793 | +72.3% |
| Suppliers | 440/4 | €3,861 | €6,654 | +€2,793 | +72.3% |
| Accrued charges and deferred income | 492/3 | €9,005 | €68,602 | +€59,597 | +662% |
| Turnover | 70 | - | €780,000 | +€780,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €93,206 | +€93,206 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €283,549 | €280,577 | -€2,972 | -1.0% |
| Other operating charges | 640/8 | €11,470 | €12,161 | +€690 | +6.0% |
| Gross operating margin | 9900 | €653,408 | €686,794 | +€33,385 | +5.1% |
| Operating profit (loss) | 9901 | €358,390 | €394,057 | +€35,667 | +10.0% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €998,657 | €728,604 | -€270,053 | -27.0% |
| Recurring financial charges | 65 | €997,815 | €728,604 | -€269,211 | -27.0% |
| Non-recurring financial charges | 66B | €842 | - | -€842 | |
| Profit (loss) for the period before taxes | 9903 | -€640,262 | -€334,547 | +€305,715 | +47.7% |
| Profit (loss) for the period | 9904 | -€640,262 | -€334,547 | +€305,715 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€640,262 | -€334,547 | +€305,715 | +47.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.