PHYSIOBOOST: 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.
PHYSIOBOOST
Largest movements
- Cash +€48,923
up €48,923 (+182.7%), from €26,773 to €75,696
mainly Accrued charges and deferred income (+€39,345) and Net result for the year (+€14,901)
- Receivables within one year +€5,663
up €5,663 (+71.5%), from €7,920 to €13,582
of which Trade receivables: +€9,109
- Accrued charges and deferred income +€39,345
up €39,345 (+108.3%), from €36,325 to €75,670
- Other debts +€11,960
up €11,960 (+222.9%), from €5,365 to €17,325
- Tax, wage and social debts +€1,155
up €1,155, from €0 to €1,155
- Trade debts +€1,091
up €1,091 (+295.5%), from €369 to €1,460
- Gross operating margin +€15,489
up €15,489 (+204.5%), from €7,575 to €23,065
- Taxes +€4,455
up €4,455 (+263.1%), from €1,693 to €6,148
- Financial income -€410
down €410 (-100.0%), from €410 to €0
- Depreciation +€326
up €326 (+26.6%), from €1,224 to €1,550
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 | €42,159 | €95,710 | +€53,551 | +127.0% |
| Fixed assets | 21/28 | €4,410 | €2,860 | -€1,550 | -35.1% |
| Intangible fixed assets | 21 | €2,731 | €1,799 | -€931 | -34.1% |
| Tangible fixed assets | 22/27 | €1,680 | €1,061 | -€619 | -36.8% |
| Plant, machinery and equipment | 23 | €1,680 | €1,061 | -€619 | -36.8% |
| Current assets | 29/58 | €37,749 | €92,849 | +€55,101 | +146.0% |
| Amounts receivable within one year | 40/41 | €7,920 | €13,582 | +€5,663 | +71.5% |
| Trade receivables | 40 | €4,473 | €13,582 | +€9,109 | +203.7% |
| Other amounts receivable | 41 | €3,447 | €0 | -€3,447 | -100.0% |
| Cash at bank and in hand | 54/58 | €26,773 | €75,696 | +€48,923 | +182.7% |
| Deferred charges and accrued income | 490/1 | €3,056 | €3,571 | +€515 | +16.9% |
| Total equity and liabilities | 10/49 | €42,159 | €95,710 | +€53,551 | +127.0% |
| Equity | 10/15 | €100 | €100 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,059 | €95,610 | +€53,551 | +127.3% |
| Amounts payable within one year | 42/48 | €5,734 | €19,940 | +€14,206 | +247.8% |
| Trade debts | 44 | €369 | €1,460 | +€1,091 | +295.5% |
| Suppliers | 440/4 | €369 | €1,460 | +€1,091 | +295.5% |
| Taxes, remuneration and social security | 45 | €0 | €1,155 | +€1,155 | |
| Taxes | 450/3 | €0 | €1,155 | +€1,155 | |
| Other amounts payable | 47/48 | €5,365 | €17,325 | +€11,960 | +222.9% |
| Accrued charges and deferred income | 492/3 | €36,325 | €75,670 | +€39,345 | +108.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,224 | €1,550 | +€326 | +26.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €7,575 | €23,065 | +€15,489 | +204.5% |
| Operating profit (loss) | 9901 | €5,964 | €21,115 | +€15,151 | +254.1% |
| Financial income | 75/76B | €410 | €0 | -€410 | -100.0% |
| Recurring financial income | 75 | €410 | €0 | -€410 | -100.0% |
| Financial charges | 65/66B | €53 | €66 | +€13 | +25.7% |
| Recurring financial charges | 65 | €53 | €66 | +€13 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | €6,321 | €21,049 | +€14,728 | +233.0% |
| Income taxes | 67/77 | €1,693 | €6,148 | +€4,455 | +263.1% |
| Profit (loss) for the period | 9904 | €4,628 | €14,901 | +€10,273 | +222.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,628 | €14,901 | +€10,273 | +222.0% |
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.