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PHYSIOLIFE: 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.

What changed

PHYSIOLIFE

BE 0684.735.173
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€7,329
2024 · -€3,982+€11,310
Equity
€99,846
2024 · €102,339-€2,492
Cash
€64,696
2024 · €47,837+€16,859
Balance sheet total
€109,843
2024 · €104,895+€4,949

Largest movements

2024 to 2025
Assets
  • Cash +€16,859

    up €16,859 (+35.2%), from €47,837 to €64,696

    mainly Depreciation (+€21,951) and Net result for the year (+€7,329)

  • Intangible fixed assets -€12,000

    down €12,000 (-33.3%), from €36,000 to €24,000

  • Receivables within one year +€8,783

    new in 2025: €8,783

    of which Other amounts receivable: +€8,053

  • Tangible fixed assets -€7,902

    down €7,902 (-39.8%), from €19,867 to €11,965

Equity and liabilities
  • Other debts +€5,633

    up €5,633 (+232.8%), from €2,420 to €8,053

  • Profit (loss) carried forward -€2,492

    down €2,492 (-4.0%), from €62,215 to €59,723

  • Tax, wage and social debts +€1,819

    up €1,819 (+1454.7%), from €125 to €1,944

Income statement
  • Gross operating margin +€12,436

    up €12,436 (+68.2%), from €18,240 to €30,676

  • Depreciation +€1,290

    up €1,290 (+6.2%), from €20,661 to €21,951

  • Other operating charges -€533

    down €533 (-41.5%), from €1,285 to €752

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€3,982
Gross operating margin +€12,436
Depreciation -€1,290
Other operating charges +€533
Other operating items -€450
Financial income +€150
Financial charges -€17
Taxes -€51
Result 2025 €7,329

Cash bridge derived

cash 2024 to 2025

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.

From operations +€28,729
Investment -€2,049
Financing -€9,821
Cash 2024 €47,837
Net result for the year +€7,329
Depreciation +€21,951
Receivables within one year -€8,783
Deferred charges and accrued income +€791
Trade debts -€11
Tax, wage and social debts +€1,819
Other debts +€5,633
Investment in fixed assets (net) -€2,049
Contributions, distributions and other -€9,821
Cash 2025 €64,696
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €104,895 €109,843 +€4,949 +4.7%
Fixed assets 21/28 €55,892 €35,990 -€19,902 -35.6%
Intangible fixed assets 21 €36,000 €24,000 -€12,000 -33.3%
Tangible fixed assets 22/27 €19,867 €11,965 -€7,902 -39.8%
Furniture and vehicles 24 €19,867 €11,965 -€7,902 -39.8%
Financial fixed assets 28 €25 €25 = 0.0%
Current assets 29/58 €49,003 €73,854 +€24,851 +50.7%
Amounts receivable within one year 40/41 - €8,783 +€8,783
Trade receivables 40 - €730 +€730
Other amounts receivable 41 - €8,053 +€8,053
Cash at bank and in hand 54/58 €47,837 €64,696 +€16,859 +35.2%
Deferred charges and accrued income 490/1 €1,166 €375 -€791 -67.8%
Total equity and liabilities 10/49 €104,895 €109,843 +€4,949 +4.7%
Equity 10/15 €102,339 €99,846 -€2,492 -2.4%
Contributions 10/11 €20,460 €20,460 = 0.0%
Reserves 13 €19,663 €19,663 = 0.0%
Distributable reserves 133 €19,663 €19,663 = 0.0%
Profit (loss) carried forward 14 €62,215 €59,723 -€2,492 -4.0%
Amounts payable 17/49 €2,556 €9,997 +€7,441 +291.1%
Amounts payable within one year 42/48 €2,556 €9,997 +€7,441 +291.1%
Trade debts 44 €11 - -€11
Suppliers 440/4 €11 - -€11
Taxes, remuneration and social security 45 €125 €1,944 +€1,819 +1454.7%
Taxes 450/3 €125 €1,944 +€1,819 +1454.7%
Other amounts payable 47/48 €2,420 €8,053 +€5,633 +232.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €20,661 €21,951 +€1,290 +6.2%
Other operating charges 640/8 €1,285 €752 -€533 -41.5%
Non-recurring operating charges 66A - €450 +€450
Gross operating margin 9900 €18,240 €30,676 +€12,436 +68.2%
Operating profit (loss) 9901 -€3,706 €7,522 +€11,229
Financial income 75/76B €3 €153 +€150 +5004.7%
Recurring financial income 75 €3 €153 +€150 +5004.7%
Financial charges 65/66B €153 €170 +€17 +11.1%
Recurring financial charges 65 €153 €170 +€17 +11.1%
Profit (loss) for the period before taxes 9903 -€3,857 €7,505 +€11,361
Income taxes 67/77 €125 €176 +€51 +40.9%
Profit (loss) for the period 9904 -€3,982 €7,329 +€11,310
Profit (loss) for the period to be appropriated 9905 -€3,982 €7,329 +€11,310

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 29 September 2026 via checked.be.