Phosphene: what changed
Two fiscal 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.
Phosphene
Largest movements
- Cash +€31,806
up €31,806 (+310.1%), from €10,256 to €42,062
mainly Net result for the year (+€26,624) and Tax, wage and social debts (+€9,575)
- Receivables within one year +€2,073
up €2,073 (+8.7%), from €23,773 to €25,846
of which Trade receivables: +€4,269
- Tangible fixed assets -€848
down €848 (-69.7%), from €1,216 to €368
of which Furniture and vehicles: -€451
- Reserves +€26,623
up €26,623 (+128.6%), from €20,707 to €47,330
- Tax, wage and social debts +€9,575
up €9,575 (+136.3%), from €7,023 to €16,598
- Trade debts -€3,114
down €3,114 (-81.6%), from €3,815 to €701
- Gross operating margin +€47,899
up €47,899, from -€12,832 to €35,067
- Taxes +€6,024
up €6,024 (+4302.6%), from €140 to €6,164
- Depreciation -€2,478
down €2,478 (-74.5%), from €3,326 to €848
- Other operating charges -€428
down €428 (-22.7%), from €1,883 to €1,455
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.
Cash bridge derived
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 | €36,545 | €69,629 | +€33,084 | +90.5% |
| Fixed assets | 21/28 | €1,216 | €368 | -€848 | -69.7% |
| Tangible fixed assets | 22/27 | €1,216 | €368 | -€848 | -69.7% |
| Furniture and vehicles | 24 | €819 | €368 | -€451 | -55.1% |
| Other tangible fixed assets | 26 | €397 | €0 | -€397 | -100.0% |
| Current assets | 29/58 | €35,329 | €69,261 | +€33,932 | +96.0% |
| Amounts receivable within one year | 40/41 | €23,773 | €25,846 | +€2,073 | +8.7% |
| Trade receivables | 40 | €3,115 | €7,384 | +€4,269 | +137.1% |
| Other amounts receivable | 41 | €20,658 | €18,462 | -€2,196 | -10.6% |
| Cash at bank and in hand | 54/58 | €10,256 | €42,062 | +€31,806 | +310.1% |
| Deferred charges and accrued income | 490/1 | €1,300 | €1,353 | +€53 | +4.1% |
| Total equity and liabilities | 10/49 | €36,545 | €69,629 | +€33,084 | +90.5% |
| Equity | 10/15 | €25,707 | €52,330 | +€26,623 | +103.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,707 | €47,330 | +€26,623 | +128.6% |
| Distributable reserves | 133 | €20,707 | €47,330 | +€26,623 | +128.6% |
| Amounts payable | 17/49 | €10,838 | €17,299 | +€6,461 | +59.6% |
| Amounts payable within one year | 42/48 | €10,838 | €17,299 | +€6,461 | +59.6% |
| Trade debts | 44 | €3,815 | €701 | -€3,114 | -81.6% |
| Suppliers | 440/4 | €3,815 | €701 | -€3,114 | -81.6% |
| Taxes, remuneration and social security | 45 | €7,023 | €16,598 | +€9,575 | +136.3% |
| Taxes | 450/3 | €7,023 | €16,598 | +€9,575 | +136.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,326 | €848 | -€2,478 | -74.5% |
| Other operating charges | 640/8 | €1,883 | €1,455 | -€428 | -22.7% |
| Gross operating margin | 9900 | -€12,832 | €35,067 | +€47,899 | |
| Operating profit (loss) | 9901 | -€18,041 | €32,765 | +€50,806 | |
| Financial income | 75/76B | €1,231 | €1,029 | -€202 | -16.4% |
| Recurring financial income | 75 | €1,231 | €1,029 | -€202 | -16.4% |
| Financial charges | 65/66B | €812 | €1,006 | +€194 | +23.9% |
| Recurring financial charges | 65 | €812 | €1,006 | +€194 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,622 | €32,787 | +€50,409 | |
| Income taxes | 67/77 | €140 | €6,164 | +€6,024 | +4302.6% |
| Profit (loss) for the period | 9904 | -€17,762 | €26,624 | +€44,386 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,762 | €26,624 | +€44,386 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.