PHS Consulting: what changed
PHS Consulting
Largest movements
- Receivables within one year -€21,320
down €21,320 (-67.6%), from €31,559 to €10,239
of which Other amounts receivable: -€16,022
- Tangible fixed assets -€15,209
down €15,209 (-5.8%), from €264,293 to €249,085
of which Land and buildings: -€17,591
- Other debts -€103,938
down €103,938 (-64.3%), from €161,711 to €57,773
- Reserves +€68,853
up €68,853 (+29.1%), from €236,375 to €305,228
- Debts after one year -€33,763
down €33,763 (-13.1%), from €256,918 to €223,155
- Tax, wage and social debts +€26,996
up €26,996 (+81.0%), from €33,322 to €60,318
of which Taxes: +€26,996
- Current portion of long-term debt +€10,734
up €10,734 (+25.9%), from €41,363 to €52,096
- Gross operating margin +€66,198
up €66,198 (+74.1%), from €89,289 to €155,487
- Other operating charges +€21,913
up €21,913 (+576%), from €3,802 to €25,716
- Taxes +€14,571
up €14,571 (+119%), from €12,287 to €26,858
- Financial charges -€7,953
down €7,953 (-32.5%), from €24,437 to €16,485
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €778,777 | €742,495 | -€36,282 | -4.7% |
| Fixed assets | 21/28 | €745,793 | €730,585 | -€15,209 | -2.0% |
| Tangible fixed assets | 22/27 | €264,293 | €249,085 | -€15,209 | -5.8% |
| Land and buildings | 22 | €264,293 | €246,702 | -€17,591 | -6.7% |
| Furniture and vehicles | 24 | - | €2,382 | +€2,382 | |
| Financial fixed assets | 28 | €481,500 | €481,500 | = | 0.0% |
| Current assets | 29/58 | €32,984 | €11,910 | -€21,074 | -63.9% |
| Amounts receivable within one year | 40/41 | €31,559 | €10,239 | -€21,320 | -67.6% |
| Trade receivables | 40 | €15,537 | €10,239 | -€5,298 | -34.1% |
| Other amounts receivable | 41 | €16,022 | €0 | -€16,022 | -100% |
| Cash at bank and in hand | 54/58 | €1,425 | €1,672 | +€246 | +17.3% |
| Total equity and liabilities | 10/49 | €778,777 | €742,495 | -€36,282 | -4.7% |
| Equity | 10/15 | €256,375 | €325,228 | +€68,853 | +26.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €236,375 | €305,228 | +€68,853 | +29.1% |
| Distributable reserves | 133 | €236,375 | €305,228 | +€68,853 | +29.1% |
| Amounts payable | 17/49 | €522,401 | €417,266 | -€105,135 | -20.1% |
| Amounts payable after more than one year | 17 | €256,918 | €223,155 | -€33,763 | -13.1% |
| Financial debts | 170/4 | €256,918 | €223,155 | -€33,763 | -13.1% |
| Amounts payable within one year | 42/48 | €239,372 | €175,279 | -€64,092 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €41,363 | €52,096 | +€10,734 | +25.9% |
| Trade debts | 44 | €2,975 | €5,092 | +€2,117 | +71.2% |
| Suppliers | 440/4 | €2,975 | €5,092 | +€2,117 | +71.2% |
| Taxes, remuneration and social security | 45 | €33,322 | €60,318 | +€26,996 | +81.0% |
| Taxes | 450/3 | €33,322 | €60,318 | +€26,996 | +81.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €161,711 | €57,773 | -€103,938 | -64.3% |
| Accrued charges and deferred income | 492/3 | €26,112 | €18,832 | -€7,280 | -27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,591 | €17,620 | +€30 | +0.2% |
| Other operating charges | 640/8 | €3,802 | €25,716 | +€21,913 | +576% |
| Gross operating margin | 9900 | €89,289 | €155,487 | +€66,198 | +74.1% |
| Operating profit (loss) | 9901 | €67,895 | €112,151 | +€44,255 | +65.2% |
| Financial income | 75/76B | €0 | €45 | +€45 | |
| Recurring financial income | 75 | €0 | €45 | +€45 | |
| Financial charges | 65/66B | €24,437 | €16,485 | -€7,953 | -32.5% |
| Recurring financial charges | 65 | €24,437 | €16,485 | -€7,953 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €43,458 | €95,711 | +€52,253 | +120% |
| Income taxes | 67/77 | €12,287 | €26,858 | +€14,571 | +119% |
| Profit (loss) for the period | 9904 | €31,171 | €68,853 | +€37,682 | +121% |
| Profit (loss) for the period to be appropriated | 9905 | €31,171 | €68,853 | +€37,682 | +121% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.