PHYSIOKAIZEN: 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.
PHYSIOKAIZEN
Largest movements
- Cash +€3,382
up €3,382 (+104392.9%), from €3 to €3,386
mainly Receivables within one year (+€2,467) and Depreciation (+€2,292)
- Receivables within one year -€2,467
down €2,467 (-11.3%), from €21,752 to €19,285
- Tangible fixed assets +€2,115
up €2,115 (+38.0%), from €5,570 to €7,684
of which Furniture and vehicles: +€4,876
- Profit (loss) carried forward +€1,720
up €1,720 (+7.5%), from €23,025 to €24,745
- Tax, wage and social debts +€1,028
up €1,028 (+80.8%), from €1,272 to €2,300
of which Taxes: +€1,995
- Taxes +€6,097
new in 2025: €6,097
- Financial income +€2,372
new in 2025: €2,372
- Gross operating margin +€1,023
up €1,023 (+13.9%), from €7,340 to €8,362
- Depreciation +€549
up €549 (+31.5%), from €1,743 to €2,292
- Other operating charges +€383
up €383 (+2310.9%), from €17 to €400
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 | €27,325 | €30,355 | +€3,030 | +11.1% |
| Fixed assets | 21/28 | €5,570 | €7,684 | +€2,115 | +38.0% |
| Tangible fixed assets | 22/27 | €5,570 | €7,684 | +€2,115 | +38.0% |
| Land and buildings | 22 | €5,570 | - | -€5,570 | |
| Plant, machinery and equipment | 23 | - | €2,808 | +€2,808 | |
| Furniture and vehicles | 24 | - | €4,876 | +€4,876 | |
| Current assets | 29/58 | €21,756 | €22,671 | +€915 | +4.2% |
| Amounts receivable within one year | 40/41 | €21,752 | €19,285 | -€2,467 | -11.3% |
| Other amounts receivable | 41 | €21,752 | €19,285 | -€2,467 | -11.3% |
| Cash at bank and in hand | 54/58 | €3 | €3,386 | +€3,382 | +104392.9% |
| Total equity and liabilities | 10/49 | €27,325 | €30,355 | +€3,030 | +11.1% |
| Equity | 10/15 | €26,025 | €27,745 | +€1,720 | +6.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,025 | €24,745 | +€1,720 | +7.5% |
| Amounts payable | 17/49 | €1,300 | €2,610 | +€1,309 | +100.7% |
| Amounts payable within one year | 42/48 | €1,300 | €2,610 | +€1,309 | +100.7% |
| Trade debts | 44 | €28 | €310 | +€281 | +996.4% |
| Suppliers | 440/4 | €28 | €310 | +€281 | +996.4% |
| Taxes, remuneration and social security | 45 | €1,272 | €2,300 | +€1,028 | +80.8% |
| Taxes | 450/3 | €305 | €2,300 | +€1,995 | +653.1% |
| Remuneration and social security | 454/9 | €967 | - | -€967 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,743 | €2,292 | +€549 | +31.5% |
| Other operating charges | 640/8 | €17 | €400 | +€383 | +2310.9% |
| Gross operating margin | 9900 | €7,340 | €8,362 | +€1,023 | +13.9% |
| Operating profit (loss) | 9901 | €5,580 | €5,670 | +€90 | +1.6% |
| Financial income | 75/76B | - | €2,372 | +€2,372 | |
| Recurring financial income | 75 | - | €2,372 | +€2,372 | |
| Financial charges | 65/66B | €102 | €225 | +€123 | +120.6% |
| Recurring financial charges | 65 | €102 | €225 | +€123 | +120.6% |
| Profit (loss) for the period before taxes | 9903 | €5,478 | €7,817 | +€2,339 | +42.7% |
| Income taxes | 67/77 | - | €6,097 | +€6,097 | |
| Profit (loss) for the period | 9904 | €5,478 | €1,720 | -€3,757 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,478 | €1,720 | -€3,757 | -68.6% |
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.