PHYSIO PARTNERS: 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.
PHYSIO PARTNERS
Largest movements
- Cash +€20,392
up €20,392 (+65.6%), from €31,103 to €51,495
mainly Net result for the year (+€28,135) and Tax, wage and social debts (+€2,200)
- Tangible fixed assets +€6,933
up €6,933 (+226.6%), from €3,060 to €9,993
of which Other tangible fixed assets: +€5,092
- Receivables within one year +€3,112
new in 2025: €3,112
- Deferred charges and accrued income -€768
no longer reported in 2025 (was €768)
- Profit (loss) carried forward +€28,136
up €28,136 (+152.2%), from €18,484 to €46,620
- Other debts -€2,292
down €2,292 (-29.1%), from €7,887 to €5,595
- Tax, wage and social debts +€2,200
up €2,200 (+36.7%), from €6,000 to €8,200
- Trade debts +€1,625
up €1,625 (+2708.3%), from €60 to €1,685
- Gross operating margin +€14,696
up €14,696 (+57.6%), from €25,519 to €40,215
- Other operating charges +€1,866
up €1,866 (+208.3%), from €896 to €2,762
- Taxes +€1,858
up €1,858 (+31.0%), from €6,000 to €7,858
- Depreciation +€1,052
up €1,052 (+4208.0%), from €25 to €1,077
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 | €34,931 | €64,600 | +€29,669 | +84.9% |
| Fixed assets | 21/28 | €3,060 | €9,993 | +€6,933 | +226.6% |
| Tangible fixed assets | 22/27 | €3,060 | €9,993 | +€6,933 | +226.6% |
| Plant, machinery and equipment | 23 | - | €323 | +€323 | |
| Furniture and vehicles | 24 | - | €1,518 | +€1,518 | |
| Other tangible fixed assets | 26 | €3,060 | €8,152 | +€5,092 | +166.4% |
| Current assets | 29/58 | €31,871 | €54,607 | +€22,736 | +71.3% |
| Amounts receivable within one year | 40/41 | - | €3,112 | +€3,112 | |
| Other amounts receivable | 41 | - | €3,112 | +€3,112 | |
| Cash at bank and in hand | 54/58 | €31,103 | €51,495 | +€20,392 | +65.6% |
| Deferred charges and accrued income | 490/1 | €768 | - | -€768 | |
| Total equity and liabilities | 10/49 | €34,931 | €64,600 | +€29,669 | +84.9% |
| Equity | 10/15 | €20,984 | €49,120 | +€28,136 | +134.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,484 | €46,620 | +€28,136 | +152.2% |
| Amounts payable | 17/49 | €13,947 | €15,480 | +€1,533 | +11.0% |
| Amounts payable within one year | 42/48 | €13,947 | €15,480 | +€1,533 | +11.0% |
| Trade debts | 44 | €60 | €1,685 | +€1,625 | +2708.3% |
| Suppliers | 440/4 | €60 | €1,685 | +€1,625 | +2708.3% |
| Taxes, remuneration and social security | 45 | €6,000 | €8,200 | +€2,200 | +36.7% |
| Taxes | 450/3 | €6,000 | €8,200 | +€2,200 | +36.7% |
| Other amounts payable | 47/48 | €7,887 | €5,595 | -€2,292 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25 | €1,077 | +€1,052 | +4208.0% |
| Other operating charges | 640/8 | €896 | €2,762 | +€1,866 | +208.3% |
| Gross operating margin | 9900 | €25,519 | €40,215 | +€14,696 | +57.6% |
| Operating profit (loss) | 9901 | €24,598 | €36,376 | +€11,778 | +47.9% |
| Financial charges | 65/66B | €114 | €383 | +€269 | +236.0% |
| Recurring financial charges | 65 | €114 | €383 | +€269 | +236.0% |
| Profit (loss) for the period before taxes | 9903 | €24,484 | €35,993 | +€11,509 | +47.0% |
| Income taxes | 67/77 | €6,000 | €7,858 | +€1,858 | +31.0% |
| Profit (loss) for the period | 9904 | €18,484 | €28,135 | +€9,651 | +52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,484 | €28,135 | +€9,651 | +52.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.