PHOS INVEST: 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.
PHOS INVEST
Largest movements
- Cash -€1,160
down €1,160 (-32.5%), from €3,573 to €2,413
mainly Other debts (-€3,000) and Receivables within one year (-€955)
- Receivables within one year +€955
up €955 (+639%), from €150 to €1,104
of which Trade receivables: +€1,104
- Tangible fixed assets -€207
down €207 (-20.0%), from €1,033 to €826
- Other debts -€3,000
down €3,000 (-25.9%), from €11,600 to €8,600
- Profit (loss) carried forward +€1,677
up €1,677 (+73.0%), from -€2,296 to -€619
- Tax, wage and social debts +€542
new in 2025: €542
- Trade debts +€369
up €369 (+226%), from €163 to €531
- Gross operating margin +€3,987
up €3,987, from -€1,644 to €2,343
- Financial charges -€294
down €294 (-85.9%), from €342 to €48
- Taxes -€63
no longer reported in 2025 (was €63)
- Staff costs -€26
down €26 (-6.0%), from €438 to €411
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 | €11,866 | €11,454 | -€412 | -3.5% |
| Fixed assets | 21/28 | €1,033 | €826 | -€207 | -20.0% |
| Tangible fixed assets | 22/27 | €1,033 | €826 | -€207 | -20.0% |
| Plant, machinery and equipment | 23 | €1,033 | €826 | -€207 | -20.0% |
| Current assets | 29/58 | €10,834 | €10,628 | -€206 | -1.9% |
| Stocks and contracts in progress | 3 | €7,111 | €7,111 | = | 0.0% |
| Stocks | 30/36 | €7,111 | €7,111 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €150 | €1,104 | +€955 | +639% |
| Trade receivables | 40 | - | €1,104 | +€1,104 | |
| Other amounts receivable | 41 | €150 | - | -€150 | |
| Cash at bank and in hand | 54/58 | €3,573 | €2,413 | -€1,160 | -32.5% |
| Total equity and liabilities | 10/49 | €11,866 | €11,454 | -€412 | -3.5% |
| Equity | 10/15 | €104 | €1,781 | +€1,677 | +1,619% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,296 | -€619 | +€1,677 | +73.0% |
| Amounts payable | 17/49 | €11,763 | €9,674 | -€2,089 | -17.8% |
| Amounts payable within one year | 42/48 | €11,763 | €9,674 | -€2,089 | -17.8% |
| Trade debts | 44 | €163 | €531 | +€369 | +226% |
| Suppliers | 440/4 | €163 | €531 | +€369 | +226% |
| Taxes, remuneration and social security | 45 | - | €542 | +€542 | |
| Taxes | 450/3 | - | €542 | +€542 | |
| Other amounts payable | 47/48 | €11,600 | €8,600 | -€3,000 | -25.9% |
| Remuneration, social security and pensions | 62 | €438 | €411 | -€26 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207 | €207 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Gross operating margin | 9900 | -€1,644 | €2,343 | +€3,987 | |
| Operating profit (loss) | 9901 | -€2,288 | €1,725 | +€4,013 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €342 | €48 | -€294 | -85.9% |
| Recurring financial charges | 65 | €342 | €48 | -€294 | -85.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,629 | €1,677 | +€4,307 | |
| Income taxes | 67/77 | €63 | - | -€63 | |
| Profit (loss) for the period | 9904 | -€2,693 | €1,677 | +€4,370 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,693 | €1,677 | +€4,370 |
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 31 October 2026 via checked.be.