PHYSIOHUB: 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.
PHYSIOHUB
Largest movements
- Cash +€47,158
up €47,158 (+95.7%), from €49,282 to €96,440
mainly Tax, wage and social debts (+€18,392) and Net result for the year (+€16,715)
- Receivables within one year -€16,707
down €16,707 (-38.3%), from €43,653 to €26,946
of which Trade receivables: -€14,122
- Financial fixed assets +€5,000
new in 2025: €5,000
- Tangible fixed assets +€2,329
up €2,329 (+141.4%), from €1,647 to €3,976
- Tax, wage and social debts +€18,392
up €18,392 (+65.1%), from €28,250 to €46,642
of which Remuneration and social security: +€21,721
- Profit (loss) carried forward +€16,715
up €16,715 (+26.2%), from €63,713 to €80,428
- Trade debts +€2,673
up €2,673 (+431.8%), from €619 to €3,292
- Staff costs +€115,444
up €115,444 (+181.6%), from €63,576 to €179,020
- Gross operating margin +€108,548
up €108,548 (+116.5%), from €93,193 to €201,741
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 | €94,582 | €132,362 | +€37,780 | +39.9% |
| Fixed assets | 21/28 | €1,647 | €8,976 | +€7,329 | +445.0% |
| Tangible fixed assets | 22/27 | €1,647 | €3,976 | +€2,329 | +141.4% |
| Plant, machinery and equipment | 23 | €1,647 | €3,976 | +€2,329 | +141.4% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €92,935 | €123,386 | +€30,451 | +32.8% |
| Amounts receivable within one year | 40/41 | €43,653 | €26,946 | -€16,707 | -38.3% |
| Trade receivables | 40 | €28,967 | €14,845 | -€14,122 | -48.8% |
| Other amounts receivable | 41 | €14,686 | €12,101 | -€2,585 | -17.6% |
| Cash at bank and in hand | 54/58 | €49,282 | €96,440 | +€47,158 | +95.7% |
| Total equity and liabilities | 10/49 | €94,582 | €132,362 | +€37,780 | +39.9% |
| Equity | 10/15 | €65,713 | €82,428 | +€16,715 | +25.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,713 | €80,428 | +€16,715 | +26.2% |
| Amounts payable | 17/49 | €28,869 | €49,934 | +€21,065 | +73.0% |
| Amounts payable within one year | 42/48 | €28,869 | €49,934 | +€21,065 | +73.0% |
| Trade debts | 44 | €619 | €3,292 | +€2,673 | +431.8% |
| Suppliers | 440/4 | €619 | €3,292 | +€2,673 | +431.8% |
| Taxes, remuneration and social security | 45 | €28,250 | €46,642 | +€18,392 | +65.1% |
| Taxes | 450/3 | €9,387 | €6,058 | -€3,329 | -35.5% |
| Remuneration and social security | 454/9 | €18,863 | €40,584 | +€21,721 | +115.2% |
| Remuneration, social security and pensions | 62 | €63,576 | €179,020 | +€115,444 | +181.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €636 | €1,002 | +€366 | +57.5% |
| Other operating charges | 640/8 | €107 | - | -€107 | |
| Gross operating margin | 9900 | €93,193 | €201,741 | +€108,548 | +116.5% |
| Operating profit (loss) | 9901 | €28,874 | €21,719 | -€7,155 | -24.8% |
| Financial charges | 65/66B | €108 | €107 | -€1 | -0.9% |
| Recurring financial charges | 65 | €108 | €107 | -€1 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €28,766 | €21,612 | -€7,154 | -24.9% |
| Income taxes | 67/77 | €6,543 | €4,897 | -€1,646 | -25.2% |
| Profit (loss) for the period | 9904 | €22,223 | €16,715 | -€5,508 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,223 | €16,715 | -€5,508 | -24.8% |
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 5 October 2026 via checked.be.