PHT CONSULTING: 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.
PHT CONSULTING
Largest movements
- Cash +€220,492
up €220,492 (+185%), from €118,957 to €339,449
mainly Current investments (+€124,576) and Net result for the year (+€94,589)
- Current investments -€124,576
down €124,576 (-62.3%), from €200,000 to €75,424
- Receivables within one year -€38,220
down €38,220 (-97.4%), from €39,226 to €1,006
of which Trade receivables: -€39,152
- Reserves +€91,896
up €91,896 (+36.4%), from €252,791 to €344,687
of which Distributable reserves: +€93,755
- Trade debts -€13,246
down €13,246 (-56.0%), from €23,671 to €10,425
- Other debts -€12,434
down €12,434 (-30.7%), from €40,530 to €28,096
- Tax, wage and social debts -€12,395
down €12,395 (-27.9%), from €44,473 to €32,078
of which Remuneration and social security: -€8,129
- Financial income +€186,074
up €186,074 (+5,174%), from €3,596 to €189,670
of which Non-recurring financial income: +€175,604
- Financial charges +€177,615
up €177,615 (+2,960%), from €6,000 to €183,615
of which Non-recurring financial charges: +€175,604
- Gross operating margin -€90,252
down €90,252 (-28.5%), from €316,125 to €225,873
- Staff costs -€44,246
down €44,246 (-34.2%), from €129,320 to €85,074
- Taxes -€11,429
down €11,429 (-20.8%), from €54,998 to €43,569
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 | €370,662 | €426,343 | +€55,681 | +15.0% |
| Fixed assets | 21/28 | €11,441 | €9,423 | -€2,018 | -17.6% |
| Intangible fixed assets | 21 | €503 | €63 | -€440 | -87.5% |
| Tangible fixed assets | 22/27 | €10,938 | €9,360 | -€1,578 | -14.4% |
| Furniture and vehicles | 24 | €5,827 | €4,968 | -€859 | -14.7% |
| Other tangible fixed assets | 26 | €5,111 | €4,392 | -€719 | -14.1% |
| Current assets | 29/58 | €359,221 | €416,920 | +€57,699 | +16.1% |
| Amounts receivable within one year | 40/41 | €39,226 | €1,006 | -€38,220 | -97.4% |
| Trade receivables | 40 | €39,152 | - | -€39,152 | |
| Other amounts receivable | 41 | €74 | €1,006 | +€932 | +1,259% |
| Current investments | 50/53 | €200,000 | €75,424 | -€124,576 | -62.3% |
| Cash at bank and in hand | 54/58 | €118,957 | €339,449 | +€220,492 | +185% |
| Deferred charges and accrued income | 490/1 | €1,038 | €1,041 | +€3 | +0.3% |
| Total equity and liabilities | 10/49 | €370,662 | €426,343 | +€55,681 | +15.0% |
| Equity | 10/15 | €261,988 | €355,744 | +€93,756 | +35.8% |
| Contributions | 10/11 | €9,197 | €11,057 | +€1,860 | +20.2% |
| Reserves | 13 | €252,791 | €344,687 | +€91,896 | +36.4% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €250,932 | €344,687 | +€93,755 | +37.4% |
| Amounts payable | 17/49 | €108,674 | €70,599 | -€38,075 | -35.0% |
| Amounts payable within one year | 42/48 | €108,674 | €70,599 | -€38,075 | -35.0% |
| Trade debts | 44 | €23,671 | €10,425 | -€13,246 | -56.0% |
| Suppliers | 440/4 | €23,671 | €10,425 | -€13,246 | -56.0% |
| Taxes, remuneration and social security | 45 | €44,473 | €32,078 | -€12,395 | -27.9% |
| Taxes | 450/3 | €29,718 | €25,452 | -€4,266 | -14.4% |
| Remuneration and social security | 454/9 | €14,755 | €6,626 | -€8,129 | -55.1% |
| Other amounts payable | 47/48 | €40,530 | €28,096 | -€12,434 | -30.7% |
| Remuneration, social security and pensions | 62 | €129,320 | €85,074 | -€44,246 | -34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,685 | €4,463 | -€222 | -4.7% |
| Other operating charges | 640/8 | €3,152 | €4,233 | +€1,081 | +34.3% |
| Gross operating margin | 9900 | €316,125 | €225,873 | -€90,252 | -28.5% |
| Operating profit (loss) | 9901 | €178,968 | €132,103 | -€46,865 | -26.2% |
| Financial income | 75/76B | €3,596 | €189,670 | +€186,074 | +5,174% |
| Recurring financial income | 75 | €3,596 | €14,066 | +€10,470 | +291% |
| Non-recurring financial income | 76B | - | €175,604 | +€175,604 | |
| Financial charges | 65/66B | €6,000 | €183,615 | +€177,615 | +2,960% |
| Recurring financial charges | 65 | €6,000 | €8,011 | +€2,011 | +33.5% |
| Non-recurring financial charges | 66B | - | €175,604 | +€175,604 | |
| Profit (loss) for the period before taxes | 9903 | €176,564 | €138,158 | -€38,406 | -21.8% |
| Income taxes | 67/77 | €54,998 | €43,569 | -€11,429 | -20.8% |
| Profit (loss) for the period | 9904 | €121,566 | €94,589 | -€26,977 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €121,566 | €94,589 | -€26,977 | -22.2% |
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 23 October 2026 via checked.be.