Physio DG: 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 DG
Largest movements
- Cash +€46,384
up €46,384 (+261.8%), from €17,715 to €64,098
mainly Net result for the year (+€23,903) and Deferred charges and accrued income (+€18,723)
- Deferred charges and accrued income -€18,723
down €18,723 (-89.2%), from €21,000 to €2,277
- Tangible fixed assets -€5,618
down €5,618 (-11.4%), from €49,381 to €43,764
- Reserves +€23,903
up €23,903 (+79.9%), from €29,933 to €53,836
- Debts after one year -€7,761
down €7,761 (-24.4%), from €31,868 to €24,107
- Tax, wage and social debts +€6,672
up €6,672 (+67.8%), from €9,837 to €16,510
of which Taxes: +€6,672
- Depreciation +€9,398
up €9,398 (+1082.1%), from €869 to €10,267
- Gross operating margin +€3,237
up €3,237 (+8.3%), from €38,943 to €42,180
- Taxes -€1,161
down €1,161 (-14.8%), from €7,837 to €6,677
- Financial charges +€1,049
up €1,049 (+434.0%), from €242 to €1,290
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 | €88,096 | €110,139 | +€22,043 | +25.0% |
| Fixed assets | 21/28 | €49,381 | €43,764 | -€5,618 | -11.4% |
| Tangible fixed assets | 22/27 | €49,381 | €43,764 | -€5,618 | -11.4% |
| Furniture and vehicles | 24 | €49,381 | €43,764 | -€5,618 | -11.4% |
| Current assets | 29/58 | €38,715 | €66,375 | +€27,660 | +71.4% |
| Cash at bank and in hand | 54/58 | €17,715 | €64,098 | +€46,384 | +261.8% |
| Deferred charges and accrued income | 490/1 | €21,000 | €2,277 | -€18,723 | -89.2% |
| Total equity and liabilities | 10/49 | €88,096 | €110,139 | +€22,043 | +25.0% |
| Equity | 10/15 | €34,933 | €58,836 | +€23,903 | +68.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €29,933 | €53,836 | +€23,903 | +79.9% |
| Distributable reserves | 133 | €29,933 | €53,836 | +€23,903 | +79.9% |
| Amounts payable | 17/49 | €53,163 | €51,303 | -€1,860 | -3.5% |
| Amounts payable after more than one year | 17 | €31,868 | €24,107 | -€7,761 | -24.4% |
| Financial debts | 170/4 | €31,868 | €24,107 | -€7,761 | -24.4% |
| Amounts payable within one year | 42/48 | €20,431 | €27,196 | +€6,765 | +33.1% |
| Current portion of amounts payable after more than one year | 42 | €7,517 | €7,761 | +€244 | +3.2% |
| Trade debts | 44 | €109 | €100 | -€9 | -8.7% |
| Suppliers | 440/4 | €109 | €100 | -€9 | -8.7% |
| Taxes, remuneration and social security | 45 | €9,837 | €16,510 | +€6,672 | +67.8% |
| Taxes | 450/3 | €7,837 | €14,510 | +€6,672 | +85.1% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €2,968 | €2,825 | -€142 | -4.8% |
| Accrued charges and deferred income | 492/3 | €864 | €0 | -€864 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €869 | €10,267 | +€9,398 | +1082.1% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €38,943 | €42,180 | +€3,237 | +8.3% |
| Operating profit (loss) | 9901 | €38,012 | €31,851 | -€6,161 | -16.2% |
| Financial income | 75/76B | €0 | €18 | +€18 | +91650.0% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +91650.0% |
| Financial charges | 65/66B | €242 | €1,290 | +€1,049 | +434.0% |
| Recurring financial charges | 65 | €242 | €1,290 | +€1,049 | +434.0% |
| Profit (loss) for the period before taxes | 9903 | €37,771 | €30,579 | -€7,191 | -19.0% |
| Income taxes | 67/77 | €7,837 | €6,677 | -€1,161 | -14.8% |
| Profit (loss) for the period | 9904 | €29,933 | €23,903 | -€6,031 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,933 | €23,903 | -€6,031 | -20.1% |
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 30 September 2026 via checked.be.