PHUNQ IMMO: 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.
PHUNQ IMMO
Largest movements
- Receivables within one year +€199,288
up €199,288, from €0 to €199,288
of which Other amounts receivable: +€186,583
- Debts after one year +€212,499
up €212,499 (+21.8%), from €976,908 to €1.2m
- Profit (loss) carried forward -€64,515
new in 2025: -€64,515
- Other debts +€45,753
up €45,753 (+13.1%), from €349,078 to €394,831
- Trade debts +€32,511
up €32,511 (+4,361%), from €745 to €33,256
- Current portion of long-term debt -€23,337
down €23,337 (-30.8%), from €75,869 to €52,531
- Gross operating margin -€47,707
down €47,707 (-49.0%), from €97,281 to €49,575
- Financial charges +€27,793
up €27,793 (+95.8%), from €29,021 to €56,814
- Taxes -€2,714
no longer reported in 2025 (was €2,714)
- Other operating charges +€1,873
up €1,873 (+10.2%), from €18,350 to €20,223
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 | €1,457,549 | €1,661,676 | +€204,127 | +14.0% |
| Fixed assets | 21/28 | €1,444,283 | €1,457,355 | +€13,072 | +0.9% |
| Tangible fixed assets | 22/27 | €1,444,283 | €1,457,355 | +€13,072 | +0.9% |
| Land and buildings | 22 | €1,444,283 | €1,411,528 | -€32,755 | -2.3% |
| Plant, machinery and equipment | 23 | - | €42,665 | +€42,665 | |
| Assets under construction and advance payments | 27 | - | €3,162 | +€3,162 | |
| Current assets | 29/58 | €13,266 | €204,321 | +€191,054 | +1,440% |
| Amounts receivable within one year | 40/41 | €0 | €199,288 | +€199,288 | |
| Trade receivables | 40 | €0 | €12,705 | +€12,705 | |
| Other amounts receivable | 41 | €0 | €186,583 | +€186,583 | |
| Cash at bank and in hand | 54/58 | €13,266 | €4,304 | -€8,962 | -67.6% |
| Deferred charges and accrued income | 490/1 | - | €729 | +€729 | |
| Total equity and liabilities | 10/49 | €1,457,549 | €1,661,676 | +€204,127 | +14.0% |
| Equity | 10/15 | €49,674 | -€14,841 | -€64,515 | |
| Contributions | 10/11 | €38,000 | €38,000 | = | 0.0% |
| Reserves | 13 | €11,674 | €11,674 | = | 0.0% |
| Distributable reserves | 133 | €11,674 | €11,674 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€64,515 | -€64,515 | |
| Amounts payable | 17/49 | €1,407,875 | €1,676,517 | +€268,642 | +19.1% |
| Amounts payable after more than one year | 17 | €976,908 | €1,189,407 | +€212,499 | +21.8% |
| Financial debts | 170/4 | €976,908 | €1,189,407 | +€212,499 | +21.8% |
| Amounts payable within one year | 42/48 | €428,610 | €487,110 | +€58,500 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €75,869 | €52,531 | -€23,337 | -30.8% |
| Trade debts | 44 | €745 | €33,256 | +€32,511 | +4,361% |
| Suppliers | 440/4 | €745 | €33,256 | +€32,511 | +4,361% |
| Taxes, remuneration and social security | 45 | €2,919 | €6,491 | +€3,573 | +122% |
| Taxes | 450/3 | €2,919 | €6,491 | +€3,573 | +122% |
| Other amounts payable | 47/48 | €349,078 | €394,831 | +€45,753 | +13.1% |
| Accrued charges and deferred income | 492/3 | €2,357 | - | -€2,357 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,338 | €37,053 | +€716 | +2.0% |
| Other operating charges | 640/8 | €18,350 | €20,223 | +€1,873 | +10.2% |
| Gross operating margin | 9900 | €97,281 | €49,575 | -€47,707 | -49.0% |
| Operating profit (loss) | 9901 | €42,593 | -€7,701 | -€50,295 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €29,021 | €56,814 | +€27,793 | +95.8% |
| Recurring financial charges | 65 | €29,021 | €56,814 | +€27,793 | +95.8% |
| Profit (loss) for the period before taxes | 9903 | €13,572 | -€64,515 | -€78,087 | |
| Income taxes | 67/77 | €2,714 | - | -€2,714 | |
| Profit (loss) for the period | 9904 | €10,858 | -€64,515 | -€75,373 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,858 | -€64,515 | -€75,373 |
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 18 October 2026 via checked.be.