Physio: 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.
Physio
Largest movements
- Cash +€21,218
up €21,218 (+726.3%), from €2,921 to €24,139
mainly Net result for the year (+€19,756) and Tax, wage and social debts (+€5,683)
- Receivables within one year +€3,863
up €3,863 (+27.8%), from €13,879 to €17,742
- Financial fixed assets +€1,207
up €1,207 (+5.3%), from €22,897 to €24,103
- Profit (loss) carried forward +€19,756
up €19,756 (+59.8%), from €33,061 to €52,817
- Tax, wage and social debts +€5,683
up €5,683 (+68.6%), from €8,288 to €13,971
- Gross operating margin -€14,349
down €14,349 (-34.3%), from €41,779 to €27,429
- Taxes -€2,605
down €2,605 (-31.4%), from €8,288 to €5,683
- Depreciation +€693
up €693 (+1077.4%), from €64 to €757
- Staff costs +€553
new in 2025: €553
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 | €45,798 | €71,328 | +€25,529 | +55.7% |
| Fixed assets | 21/28 | €28,998 | €29,447 | +€449 | +1.5% |
| Intangible fixed assets | 21 | €4,716 | €4,241 | -€476 | -10.1% |
| Tangible fixed assets | 22/27 | €1,385 | €1,103 | -€282 | -20.3% |
| Plant, machinery and equipment | 23 | €1,385 | €1,103 | -€282 | -20.3% |
| Financial fixed assets | 28 | €22,897 | €24,103 | +€1,207 | +5.3% |
| Current assets | 29/58 | €16,801 | €41,881 | +€25,080 | +149.3% |
| Amounts receivable within one year | 40/41 | €13,879 | €17,742 | +€3,863 | +27.8% |
| Trade receivables | 40 | €13,879 | €17,742 | +€3,863 | +27.8% |
| Cash at bank and in hand | 54/58 | €2,921 | €24,139 | +€21,218 | +726.3% |
| Total equity and liabilities | 10/49 | €45,798 | €71,328 | +€25,529 | +55.7% |
| Equity | 10/15 | €36,061 | €55,817 | +€19,756 | +54.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,061 | €52,817 | +€19,756 | +59.8% |
| Amounts payable | 17/49 | €9,738 | €15,511 | +€5,773 | +59.3% |
| Amounts payable within one year | 42/48 | €9,738 | €15,511 | +€5,773 | +59.3% |
| Financial debts | 43 | - | €645 | +€645 | |
| Credit institutions | 430/8 | - | €645 | +€645 | |
| Trade debts | 44 | €1,450 | €895 | -€555 | -38.3% |
| Suppliers | 440/4 | €1,450 | €895 | -€555 | -38.3% |
| Taxes, remuneration and social security | 45 | €8,288 | €13,971 | +€5,683 | +68.6% |
| Taxes | 450/3 | €8,288 | €13,971 | +€5,683 | +68.6% |
| Remuneration, social security and pensions | 62 | - | €553 | +€553 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64 | €757 | +€693 | +1077.4% |
| Other operating charges | 640/8 | €322 | €527 | +€205 | +63.6% |
| Gross operating margin | 9900 | €41,779 | €27,429 | -€14,349 | -34.3% |
| Operating profit (loss) | 9901 | €41,392 | €25,592 | -€15,800 | -38.2% |
| Financial charges | 65/66B | €44 | €153 | +€110 | +252.0% |
| Recurring financial charges | 65 | €44 | €153 | +€110 | +252.0% |
| Profit (loss) for the period before taxes | 9903 | €41,349 | €25,439 | -€15,910 | -38.5% |
| Income taxes | 67/77 | €8,288 | €5,683 | -€2,605 | -31.4% |
| Profit (loss) for the period | 9904 | €33,061 | €19,756 | -€13,305 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,061 | €19,756 | -€13,305 | -40.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.