Physiologiq: 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.
Physiologiq
Largest movements
- Receivables within one year -€119,221
down €119,221 (-54.8%), from €217,741 to €98,520
of which Other amounts receivable: -€164,657
- Tangible fixed assets +€38,525
up €38,525 (+102%), from €37,792 to €76,317
of which Furniture and vehicles: +€39,845
- Cash -€29,286
down €29,286 (-80.8%), from €36,257 to €6,971
mainly Net result for the year (-€145,282) and Other debts (-€39,026)
- Financial fixed assets -€29,100
no longer reported in 2024 (was €29,100)
- Profit (loss) carried forward -€144,541
down €144,541 (-74.9%), from €192,866 to €48,325
- Other debts -€39,026
down €39,026 (-64.5%), from €60,526 to €21,500
- Debts after one year +€25,334
up €25,334 (+44.1%), from €57,400 to €82,734
- Trade debts +€20,033
up €20,033 (+203%), from €9,890 to €29,923
- Turnover +€43,217
up €43,217 (+19.2%), from €224,730 to €267,947
- Financial charges +€29,755
up €29,755 (+6,985%), from €426 to €30,181
of which Non-recurring financial charges: +€29,100
- Gross operating margin +€23,640
up €23,640 (+44.9%), from €52,622 to €76,262
- Purchases and services +€19,577
up €19,577 (+11.4%), from €172,108 to €191,685
- Taxes +€12,513
up €12,513 (+151%), from €8,263 to €20,776
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €335,880 | €197,680 | -€138,200 | -41.1% |
| Fixed assets | 21/28 | €66,892 | €76,317 | +€9,425 | +14.1% |
| Tangible fixed assets | 22/27 | €37,792 | €76,317 | +€38,525 | +102% |
| Plant, machinery and equipment | 23 | €2,640 | €1,320 | -€1,320 | -50.0% |
| Furniture and vehicles | 24 | €35,152 | €74,997 | +€39,845 | +113% |
| Financial fixed assets | 28 | €29,100 | - | -€29,100 | |
| Current assets | 29/58 | €268,988 | €121,363 | -€147,625 | -54.9% |
| Amounts receivable within one year | 40/41 | €217,741 | €98,520 | -€119,221 | -54.8% |
| Trade receivables | 40 | €44,121 | €89,557 | +€45,436 | +103% |
| Other amounts receivable | 41 | €173,620 | €8,963 | -€164,657 | -94.8% |
| Cash at bank and in hand | 54/58 | €36,257 | €6,971 | -€29,286 | -80.8% |
| Deferred charges and accrued income | 490/1 | €14,990 | €15,872 | +€882 | +5.9% |
| Total equity and liabilities | 10/49 | €335,880 | €197,680 | -€138,200 | -41.1% |
| Equity | 10/15 | €208,064 | €63,523 | -€144,541 | -69.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €8,998 | €8,998 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,600 | €3,600 | = | 0.0% |
| Distributable reserves | 133 | €3,538 | €3,538 | = | 0.0% |
| Profit (loss) carried forward | 14 | €192,866 | €48,325 | -€144,541 | -74.9% |
| Amounts payable | 17/49 | €127,816 | €134,157 | +€6,341 | +5.0% |
| Amounts payable after more than one year | 17 | €57,400 | €82,734 | +€25,334 | +44.1% |
| Financial debts | 170/4 | €57,400 | €82,734 | +€25,334 | +44.1% |
| Amounts payable within one year | 42/48 | €70,416 | €51,423 | -€18,993 | -27.0% |
| Trade debts | 44 | €9,890 | €29,923 | +€20,033 | +203% |
| Suppliers | 440/4 | €9,890 | €29,923 | +€20,033 | +203% |
| Other amounts payable | 47/48 | €60,526 | €21,500 | -€39,026 | -64.5% |
| Turnover | 70 | €224,730 | €267,947 | +€43,217 | +19.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €172,108 | €191,685 | +€19,577 | +11.4% |
| Remuneration, social security and pensions | 62 | €1,645 | €3,253 | +€1,608 | +97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,109 | €21,145 | +€8,036 | +61.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,700 | +€1,700 | |
| Other operating charges | 640/8 | €662 | €300 | -€362 | -54.7% |
| Non-recurring operating charges | 66A | - | €144,189 | +€144,189 | |
| Gross operating margin | 9900 | €52,622 | €76,262 | +€23,640 | +44.9% |
| Operating profit (loss) | 9901 | €37,206 | -€94,325 | -€131,531 | |
| Financial charges | 65/66B | €426 | €30,181 | +€29,755 | +6,985% |
| Recurring financial charges | 65 | €426 | €1,081 | +€655 | +154% |
| Non-recurring financial charges | 66B | - | €29,100 | +€29,100 | |
| Profit (loss) for the period before taxes | 9903 | €36,780 | -€124,506 | -€161,286 | |
| Income taxes | 67/77 | €8,263 | €20,776 | +€12,513 | +151% |
| Profit (loss) for the period | 9904 | €28,517 | -€145,282 | -€173,799 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,517 | -€145,282 | -€173,799 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.