PHPro: 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.
What changed
PHPro
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€619,090
2024 · €651,466-€32,377
Equity
€2.4m
2024 · €2.1m+€269,090
Cash
€21,495
2024 · €28,563-€7,069
Balance sheet total
€3.8m
2024 · €3.5m+€385,313
Largest movements
Assets
- Receivables within one year +€434,556
up €434,556 (+13.4%), from €3.2m to €3.7m
of which Other amounts receivable: +€394,472
- Intangible fixed assets -€74,185
down €74,185 (-76.5%), from €96,966 to €22,781
- Deferred charges and accrued income +€46,221
up €46,221 (+81.4%), from €56,801 to €103,023
Equity and liabilities
- Reserves +€268,300
up €268,300 (+13.3%), from €2.0m to €2.3m
of which Distributable reserves: +€280,930
- Other debts +€230,000
up €230,000 (+153.3%), from €150,000 to €380,000
- Tax, wage and social debts -€141,764
down €141,764 (-24.2%), from €586,999 to €445,235
of which Taxes: -€140,192
Income statement
- Purchases and services -€162,091
down €162,091 (-5.0%), from €3.2m to €3.1m
- Gross operating margin +€146,373
up €146,373 (+3.7%), from €4.0m to €4.1m
- Taxes +€91,763
up €91,763 (+119.4%), from €76,850 to €168,613
- Turnover +€76,220
up €76,220 (+1.1%), from €7.1m to €7.2m
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.
Result 2024
€651,466
Gross operating margin
+€146,373
Staff costs
-€62,924
Depreciation
+€3,851
Write-downs
-€8,329
Other operating charges
+€7,837
Other operating items
-€285
Financial income
-€13,882
Financial charges
-€13,255
Taxes
-€91,763
Result 2025
€619,090
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.
From operations
+€353,054
Investment
-€10,123
Financing
-€350,000
Cash 2024
€28,563
From operations (derived)
+€353,054
Net result for the year
+€619,090
Depreciation
+€90,637
Stocks and contracts
+€7,882
Receivables within one year
-€434,556
Deferred charges and accrued income
-€46,221
Provisions
+€3,835
Trade debts
+€14,957
Tax, wage and social debts
-€141,764
Other debts
+€230,000
Accrued charges and deferred income
+€9,195
Investment (derived)
-€10,123
Investment in fixed assets (net)
-€10,123
Financing
-€350,000
Contributions, distributions and other
-€350,000
Cash 2025
€21,495
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,459,904 | €3,845,217 | +€385,313 | +11.1% |
| Fixed assets | 21/28 | €127,685 | €47,171 | -€80,514 | -63.1% |
| Intangible fixed assets | 21 | €96,966 | €22,781 | -€74,185 | -76.5% |
| Tangible fixed assets | 22/27 | €30,719 | €24,390 | -€6,329 | -20.6% |
| Plant, machinery and equipment | 23 | €30,719 | €24,390 | -€6,329 | -20.6% |
| Current assets | 29/58 | €3,332,219 | €3,798,046 | +€465,827 | +14.0% |
| Stocks and contracts in progress | 3 | €7,882 | - | -€7,882 | |
| Contracts in progress | 37 | €7,882 | - | -€7,882 | |
| Amounts receivable within one year | 40/41 | €3,238,972 | €3,673,528 | +€434,556 | +13.4% |
| Trade receivables | 40 | €1,280,771 | €1,320,856 | +€40,084 | +3.1% |
| Other amounts receivable | 41 | €1,958,201 | €2,352,673 | +€394,472 | +20.1% |
| Cash at bank and in hand | 54/58 | €28,563 | €21,495 | -€7,069 | -24.7% |
| Deferred charges and accrued income | 490/1 | €56,801 | €103,023 | +€46,221 | +81.4% |
| Total equity and liabilities | 10/49 | €3,459,904 | €3,845,217 | +€385,313 | +11.1% |
| Equity | 10/15 | €2,084,517 | €2,353,607 | +€269,090 | +12.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,022,321 | €2,290,621 | +€268,300 | +13.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €307,330 | €294,700 | -€12,630 | -4.1% |
| Distributable reserves | 133 | €1,708,791 | €1,989,721 | +€280,930 | +16.4% |
| Profit (loss) carried forward | 14 | €196 | €986 | +€790 | +402.3% |
| Provisions and deferred taxes | 16 | - | €3,835 | +€3,835 | |
| Provisions for liabilities and charges | 160/5 | - | €3,835 | +€3,835 | |
| Pensions and similar obligations | 160 | - | €3,835 | +€3,835 | |
| Amounts payable | 17/49 | €1,375,387 | €1,487,775 | +€112,388 | +8.2% |
| Amounts payable within one year | 42/48 | €1,264,295 | €1,367,488 | +€103,193 | +8.2% |
| Trade debts | 44 | €527,296 | €542,253 | +€14,957 | +2.8% |
| Suppliers | 440/4 | €527,296 | €542,253 | +€14,957 | +2.8% |
| Taxes, remuneration and social security | 45 | €586,999 | €445,235 | -€141,764 | -24.2% |
| Taxes | 450/3 | €235,993 | €95,801 | -€140,192 | -59.4% |
| Remuneration and social security | 454/9 | €351,006 | €349,434 | -€1,572 | -0.4% |
| Other amounts payable | 47/48 | €150,000 | €380,000 | +€230,000 | +153.3% |
| Accrued charges and deferred income | 492/3 | €111,092 | €120,287 | +€9,195 | +8.3% |
| Turnover | 70 | €7,104,108 | €7,180,328 | +€76,220 | +1.1% |
| Non-recurring operating income | 76A | €207 | €585 | +€378 | +183.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,216,468 | €3,054,377 | -€162,091 | -5.0% |
| Remuneration, social security and pensions | 62 | €3,131,457 | €3,194,381 | +€62,924 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,488 | €90,637 | -€3,851 | -4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,329 | +€8,329 | |
| Other operating charges | 640/8 | €21,384 | €13,547 | -€7,837 | -36.7% |
| Non-recurring operating charges | 66A | €1,234 | €1,519 | +€285 | +23.1% |
| Gross operating margin | 9900 | €3,979,656 | €4,126,029 | +€146,373 | +3.7% |
| Operating profit (loss) | 9901 | €731,093 | €817,616 | +€86,523 | +11.8% |
| Financial income | 75/76B | €57,974 | €44,092 | -€13,882 | -23.9% |
| Recurring financial income | 75 | €57,668 | €43,962 | -€13,706 | -23.8% |
| Non-recurring financial income | 76B | €306 | €130 | -€177 | -57.7% |
| Financial charges | 65/66B | €60,750 | €74,005 | +€13,255 | +21.8% |
| Recurring financial charges | 65 | €60,750 | €74,005 | +€13,255 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | €728,316 | €787,703 | +€59,387 | +8.2% |
| Income taxes | 67/77 | €76,850 | €168,613 | +€91,763 | +119.4% |
| Profit (loss) for the period | 9904 | €651,466 | €619,090 | -€32,377 | -5.0% |
| Transfer from tax-exempt reserves | 789 | €84,200 | €138,930 | +€54,730 | +65.0% |
| Transfer to tax-exempt reserves | 689 | €168,400 | €126,300 | -€42,100 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €567,266 | €631,720 | +€64,453 | +11.4% |
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 30 September 2026 via checked.be.