PHYKBE: 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.
PHYKBE
Largest movements
- Tangible fixed assets -€53,215
down €53,215 (-15.1%), from €351,805 to €298,590
of which Land and buildings: -€48,227
- Profit (loss) carried forward -€34,387
down €34,387 (-15.1%), from -€227,718 to -€262,105
- Current portion of long-term debt -€13,455
down €13,455 (-72.4%), from €18,582 to €5,128
- Debts after one year -€5,128
down €5,128 (-29.6%), from €17,331 to €12,204
- Gross operating margin -€5,230
down €5,230 (-17.1%), from €30,537 to €25,307
- Other operating charges +€1,563
up €1,563 (+38.7%), from €4,034 to €5,597
- Taxes +€454
new in 2025: €454
- Financial charges -€371
down €371 (-46.5%), from €799 to €428
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 | €355,132 | €300,387 | -€54,744 | -15.4% |
| Fixed assets | 21/28 | €351,805 | €298,590 | -€53,215 | -15.1% |
| Tangible fixed assets | 22/27 | €351,805 | €298,590 | -€53,215 | -15.1% |
| Land and buildings | 22 | €337,219 | €288,993 | -€48,227 | -14.3% |
| Furniture and vehicles | 24 | €14,585 | €9,597 | -€4,989 | -34.2% |
| Current assets | 29/58 | €3,327 | €1,798 | -€1,529 | -46.0% |
| Amounts receivable within one year | 40/41 | €562 | €0 | -€562 | -100% |
| Trade receivables | 40 | €562 | €0 | -€562 | -100% |
| Cash at bank and in hand | 54/58 | €2,765 | €1,798 | -€968 | -35.0% |
| Total equity and liabilities | 10/49 | €355,132 | €300,387 | -€54,744 | -15.4% |
| Equity | 10/15 | -€73,876 | -€108,263 | -€34,387 | -46.5% |
| Contributions | 10/11 | €15,030 | €15,030 | = | 0.0% |
| Reserves | 13 | €138,812 | €138,812 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,763 | €1,763 | = | 0.0% |
| Distributable reserves | 133 | €135,189 | €135,189 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€227,718 | -€262,105 | -€34,387 | -15.1% |
| Amounts payable | 17/49 | €429,007 | €408,650 | -€20,357 | -4.7% |
| Amounts payable after more than one year | 17 | €17,331 | €12,204 | -€5,128 | -29.6% |
| Financial debts | 170/4 | €17,331 | €12,204 | -€5,128 | -29.6% |
| Amounts payable within one year | 42/48 | €410,701 | €396,446 | -€14,255 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €18,582 | €5,128 | -€13,455 | -72.4% |
| Trade debts | 44 | €0 | €2,148 | +€2,148 | |
| Suppliers | 440/4 | €0 | €2,148 | +€2,148 | |
| Taxes, remuneration and social security | 45 | - | €273 | +€273 | |
| Taxes | 450/3 | - | €273 | +€273 | |
| Other amounts payable | 47/48 | €392,118 | €388,897 | -€3,222 | -0.8% |
| Accrued charges and deferred income | 492/3 | €975 | €0 | -€975 | -100% |
| Non-recurring operating income | 76A | €6,000 | €0 | -€6,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,955 | €53,215 | +€260 | +0.5% |
| Other operating charges | 640/8 | €4,034 | €5,597 | +€1,563 | +38.7% |
| Gross operating margin | 9900 | €30,537 | €25,307 | -€5,230 | -17.1% |
| Operating profit (loss) | 9901 | -€26,452 | -€33,505 | -€7,053 | -26.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €799 | €428 | -€371 | -46.5% |
| Recurring financial charges | 65 | €799 | €428 | -€371 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | -€27,251 | -€33,933 | -€6,682 | -24.5% |
| Income taxes | 67/77 | - | €454 | +€454 | |
| Profit (loss) for the period | 9904 | -€27,251 | -€34,387 | -€7,136 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,251 | -€34,387 | -€7,136 | -26.2% |
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 30 October 2026 via checked.be.