PHYSIO – O.G.: 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 – O.G.
Largest movements
- Cash +€5,731
up €5,731 (+663.8%), from €863 to €6,595
mainly Depreciation (+€14,949) and Net result for the year (+€10,288)
- Tangible fixed assets -€4,826
down €4,826 (-1.7%), from €278,023 to €273,196
of which Land and buildings: -€12,297
- Debts after one year -€18,906
down €18,906 (-8.0%), from €237,766 to €218,860
- Profit (loss) carried forward +€10,288
up €10,288 (+67.4%), from €15,256 to €25,544
- Trade debts +€4,060
up €4,060 (+12426.9%), from €33 to €4,093
- Tax, wage and social debts +€3,019
up €3,019 (+100.0%), from €3,020 to €6,039
- Gross operating margin -€1,520
down €1,520 (-3.9%), from €38,854 to €37,333
- Financial charges -€1,009
down €1,009 (-11.1%), from €9,094 to €8,085
- Depreciation +€441
up €441 (+3.0%), from €14,508 to €14,949
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 | €280,662 | €279,851 | -€811 | -0.3% |
| Fixed assets | 21/28 | €278,083 | €273,256 | -€4,826 | -1.7% |
| Tangible fixed assets | 22/27 | €278,023 | €273,196 | -€4,826 | -1.7% |
| Land and buildings | 22 | €215,912 | €203,615 | -€12,297 | -5.7% |
| Plant, machinery and equipment | 23 | €62,110 | €69,582 | +€7,471 | +12.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €2,580 | €6,595 | +€4,015 | +155.6% |
| Amounts receivable within one year | 40/41 | €142 | - | -€142 | |
| Other amounts receivable | 41 | €142 | - | -€142 | |
| Cash at bank and in hand | 54/58 | €863 | €6,595 | +€5,731 | +663.8% |
| Deferred charges and accrued income | 490/1 | €1,574 | - | -€1,574 | |
| Total equity and liabilities | 10/49 | €280,662 | €279,851 | -€811 | -0.3% |
| Equity | 10/15 | €20,256 | €30,544 | +€10,288 | +50.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,256 | €25,544 | +€10,288 | +67.4% |
| Amounts payable | 17/49 | €260,407 | €249,308 | -€11,099 | -4.3% |
| Amounts payable after more than one year | 17 | €237,766 | €218,860 | -€18,906 | -8.0% |
| Financial debts | 170/4 | €237,766 | €218,860 | -€18,906 | -8.0% |
| Amounts payable within one year | 42/48 | €21,320 | €29,127 | +€7,807 | +36.6% |
| Current portion of amounts payable after more than one year | 42 | €18,267 | €18,906 | +€638 | +3.5% |
| Trade debts | 44 | €33 | €4,093 | +€4,060 | +12426.9% |
| Suppliers | 440/4 | €33 | €4,093 | +€4,060 | +12426.9% |
| Taxes, remuneration and social security | 45 | €3,020 | €6,039 | +€3,019 | +100.0% |
| Taxes | 450/3 | €3,020 | €6,039 | +€3,019 | +100.0% |
| Other amounts payable | 47/48 | - | €90 | +€90 | |
| Accrued charges and deferred income | 492/3 | €1,321 | €1,320 | -€1 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,508 | €14,949 | +€441 | +3.0% |
| Other operating charges | 640/8 | €1,266 | €995 | -€270 | -21.4% |
| Gross operating margin | 9900 | €38,854 | €37,333 | -€1,520 | -3.9% |
| Operating profit (loss) | 9901 | €23,080 | €21,389 | -€1,691 | -7.3% |
| Financial income | 75/76B | €0 | €3 | +€3 | +6300.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +6300.0% |
| Financial charges | 65/66B | €9,094 | €8,085 | -€1,009 | -11.1% |
| Recurring financial charges | 65 | €9,094 | €8,085 | -€1,009 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €13,986 | €13,307 | -€679 | -4.9% |
| Income taxes | 67/77 | €3,024 | €3,019 | -€6 | -0.2% |
| Profit (loss) for the period | 9904 | €10,962 | €10,288 | -€674 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,962 | €10,288 | -€674 | -6.1% |
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 8 October 2026 via checked.be.