Phoros: 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.
Phoros
Largest movements
- Receivables within one year +€99,888
up €99,888 (+36.6%), from €272,864 to €372,752
of which Other amounts receivable: +€108,739
- Cash -€69,591
down €69,591 (-29.0%), from €240,027 to €170,436
mainly Receivables within one year (-€99,888) and Provisions (-€30,000)
- Tax, wage and social debts +€65,360
up €65,360 (+22.2%), from €294,580 to €359,940
of which Taxes: +€51,987
- Provisions -€30,000
down €30,000 (-30.0%), from €100,000 to €70,000
- Profit (loss) carried forward -€24,376
down €24,376 (-19.4%), from €125,952 to €101,576
- Trade debts +€23,414
up €23,414 (+89.0%), from €26,317 to €49,731
- Gross operating margin -€60,192
down €60,192 (-50.6%), from €118,874 to €58,682
- Staff costs +€44,485
up €44,485 (+116%), from €38,489 to €82,974
- Provisions -€30,000
new in 2022: -€30,000
- Taxes -€15,532
no longer reported in 2022 (was €15,532)
- Depreciation +€6,817
up €6,817 (+96.4%), from €7,070 to €13,887
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €551,849 | €586,247 | +€34,398 | +6.2% |
| Fixed assets | 21/28 | €38,666 | €42,595 | +€3,928 | +10.2% |
| Intangible fixed assets | 21 | €1,553 | €970 | -€582 | -37.5% |
| Tangible fixed assets | 22/27 | €30,364 | €34,875 | +€4,511 | +14.9% |
| Furniture and vehicles | 24 | €30,364 | €34,875 | +€4,511 | +14.9% |
| Financial fixed assets | 28 | €6,750 | €6,750 | = | 0.0% |
| Current assets | 29/58 | €513,183 | €543,652 | +€30,469 | +5.9% |
| Amounts receivable within one year | 40/41 | €272,864 | €372,752 | +€99,888 | +36.6% |
| Trade receivables | 40 | €8,851 | - | -€8,851 | |
| Other amounts receivable | 41 | €264,013 | €372,752 | +€108,739 | +41.2% |
| Cash at bank and in hand | 54/58 | €240,027 | €170,436 | -€69,591 | -29.0% |
| Deferred charges and accrued income | 490/1 | €293 | €465 | +€173 | +59.0% |
| Total equity and liabilities | 10/49 | €551,849 | €586,247 | +€34,398 | +6.2% |
| Equity | 10/15 | €130,952 | €106,576 | -€24,376 | -18.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,952 | €101,576 | -€24,376 | -19.4% |
| Provisions and deferred taxes | 16 | €100,000 | €70,000 | -€30,000 | -30.0% |
| Provisions for liabilities and charges | 160/5 | €100,000 | €70,000 | -€30,000 | -30.0% |
| Other liabilities and charges | 164/5 | €100,000 | €70,000 | -€30,000 | -30.0% |
| Amounts payable | 17/49 | €320,897 | €409,671 | +€88,774 | +27.7% |
| Amounts payable within one year | 42/48 | €320,897 | €409,671 | +€88,774 | +27.7% |
| Trade debts | 44 | €26,317 | €49,731 | +€23,414 | +89.0% |
| Suppliers | 440/4 | €26,317 | €49,731 | +€23,414 | +89.0% |
| Taxes, remuneration and social security | 45 | €294,580 | €359,940 | +€65,360 | +22.2% |
| Taxes | 450/3 | €281,938 | €333,924 | +€51,987 | +18.4% |
| Remuneration and social security | 454/9 | €12,642 | €26,015 | +€13,373 | +106% |
| Remuneration, social security and pensions | 62 | €38,489 | €82,974 | +€44,485 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,070 | €13,887 | +€6,817 | +96.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€30,000 | -€30,000 | |
| Other operating charges | 640/8 | €9,186 | €11,210 | +€2,025 | +22.0% |
| Gross operating margin | 9900 | €118,874 | €58,682 | -€60,192 | -50.6% |
| Operating profit (loss) | 9901 | €64,130 | -€19,389 | -€83,519 | |
| Financial charges | 65/66B | €771 | €4,987 | +€4,216 | +547% |
| Recurring financial charges | 65 | €771 | €4,987 | +€4,216 | +547% |
| Profit (loss) for the period before taxes | 9903 | €63,359 | -€24,376 | -€87,735 | |
| Income taxes | 67/77 | €15,532 | - | -€15,532 | |
| Profit (loss) for the period | 9904 | €47,827 | -€24,376 | -€72,203 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,827 | -€24,376 | -€72,203 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.