PHYSEOSIMMO: 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.
PHYSEOSIMMO
Largest movements
- Receivables within one year +€10,462
up €10,462 (+7.8%), from €133,733 to €144,196
of which Trade receivables: +€27,756
- Cash -€4,282
down €4,282 (-91.4%), from €4,686 to €404
mainly Receivables within one year (-€10,462) and Debts after one year (-€6,503)
- Other debts +€12,913
up €12,913 (+46.4%), from €27,833 to €40,747
- Trade debts +€6,685
up €6,685 (+449.2%), from €1,488 to €8,173
- Debts after one year -€6,503
no longer reported in 2025 (was €6,503)
- Current portion of long-term debt -€2,886
down €2,886 (-30.7%), from €9,389 to €6,503
- Short-term financial debts -€2,332
down €2,332 (-77.7%), from €3,001 to €669
- Gross operating margin -€60,285
down €60,285 (-74.0%), from €81,461 to €21,176
- Staff costs -€11,005
down €11,005 (-36.3%), from €30,293 to €19,288
- Taxes -€9,591
down €9,591 (-96.9%), from €9,893 to €302
- Financial charges -€3,071
down €3,071 (-62.6%), from €4,906 to €1,836
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,008 | €177,725 | +€4,717 | +2.7% |
| Fixed assets | 21/28 | €33,076 | €33,126 | +€50 | +0.2% |
| Tangible fixed assets | 22/27 | €32,916 | €32,916 | = | 0.0% |
| Land and buildings | 22 | €32,916 | €32,916 | = | 0.0% |
| Financial fixed assets | 28 | €160 | €210 | +€50 | +31.3% |
| Current assets | 29/58 | €139,932 | €144,599 | +€4,667 | +3.3% |
| Amounts receivable within one year | 40/41 | €133,733 | €144,196 | +€10,462 | +7.8% |
| Trade receivables | 40 | - | €27,756 | +€27,756 | |
| Other amounts receivable | 41 | €133,733 | €116,440 | -€17,293 | -12.9% |
| Cash at bank and in hand | 54/58 | €4,686 | €404 | -€4,282 | -91.4% |
| Deferred charges and accrued income | 490/1 | €1,513 | - | -€1,513 | |
| Total equity and liabilities | 10/49 | €173,008 | €177,725 | +€4,717 | +2.7% |
| Equity | 10/15 | €114,570 | €114,041 | -€529 | -0.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €101,860 | €101,860 | = | 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% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,710 | €2,181 | -€529 | -19.5% |
| Amounts payable | 17/49 | €58,438 | €63,685 | +€5,247 | +9.0% |
| Amounts payable after more than one year | 17 | €6,503 | - | -€6,503 | |
| Financial debts | 170/4 | €6,503 | - | -€6,503 | |
| Amounts payable within one year | 42/48 | €49,493 | €62,952 | +€13,459 | +27.2% |
| Current portion of amounts payable after more than one year | 42 | €9,389 | €6,503 | -€2,886 | -30.7% |
| Financial debts | 43 | €3,001 | €669 | -€2,332 | -77.7% |
| Credit institutions | 430/8 | €3,001 | €669 | -€2,332 | -77.7% |
| Trade debts | 44 | €1,488 | €8,173 | +€6,685 | +449.2% |
| Suppliers | 440/4 | €1,488 | €8,173 | +€6,685 | +449.2% |
| Taxes, remuneration and social security | 45 | €7,781 | €6,861 | -€920 | -11.8% |
| Taxes | 450/3 | €324 | €295 | -€29 | -9.0% |
| Remuneration and social security | 454/9 | €7,457 | €6,566 | -€891 | -11.9% |
| Other amounts payable | 47/48 | €27,833 | €40,747 | +€12,913 | +46.4% |
| Accrued charges and deferred income | 492/3 | €2,442 | €733 | -€1,710 | -70.0% |
| Remuneration, social security and pensions | 62 | €30,293 | €19,288 | -€11,005 | -36.3% |
| Other operating charges | 640/8 | €862 | €302 | -€560 | -64.9% |
| Gross operating margin | 9900 | €81,461 | €21,176 | -€60,285 | -74.0% |
| Operating profit (loss) | 9901 | €50,306 | €1,586 | -€48,720 | -96.8% |
| Financial income | 75/76B | €11 | €23 | +€12 | +114.6% |
| Recurring financial income | 75 | €11 | €23 | +€12 | +114.6% |
| Financial charges | 65/66B | €4,906 | €1,836 | -€3,071 | -62.6% |
| Recurring financial charges | 65 | €4,906 | €1,836 | -€3,071 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | €45,410 | -€227 | -€45,637 | |
| Income taxes | 67/77 | €9,893 | €302 | -€9,591 | -96.9% |
| Profit (loss) for the period | 9904 | €35,518 | -€529 | -€36,047 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,518 | -€529 | -€36,047 |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.