PhysioMed & Co: 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.
PhysioMed & Co
Largest movements
- Receivables within one year -€23,132
no longer reported in 2025 (was €23,132)
- Intangible fixed assets -€20,006
down €20,006 (-16.1%), from €124,258 to €104,252
- Cash +€11,939
up €11,939 (+49.0%), from €24,383 to €36,322
mainly Depreciation (+€31,094) and Receivables within one year (+€23,132)
- Tangible fixed assets -€5,438
down €5,438 (-24.2%), from €22,440 to €17,002
of which Plant, machinery and equipment: -€5,330
- Stocks and contracts +€4,260
new in 2025: €4,260
- Other debts -€32,013
down €32,013 (-22.6%), from €141,942 to €109,930
- Profit (loss) carried forward -€11,258
down €11,258 (-23.6%), from €47,706 to €36,447
- Trade debts +€10,317
up €10,317 (+1680.4%), from €614 to €10,931
- Gross operating margin -€42,552
down €42,552 (-54.7%), from €77,862 to €35,310
- Turnover -€34,359
down €34,359 (-24.2%), from €142,082 to €107,723
- Taxes +€10,025
new in 2025: €10,025
- Purchases and services +€8,193
up €8,193 (+12.8%), from €64,220 to €72,413
- Depreciation +€4,113
up €4,113 (+15.2%), from €26,981 to €31,094
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 | €195,262 | €162,308 | -€32,954 | -16.9% |
| Formation expenses | 20 | €870 | €153 | -€717 | -82.4% |
| Fixed assets | 21/28 | €146,697 | €121,253 | -€25,444 | -17.3% |
| Intangible fixed assets | 21 | €124,258 | €104,252 | -€20,006 | -16.1% |
| Tangible fixed assets | 22/27 | €22,440 | €17,002 | -€5,438 | -24.2% |
| Land and buildings | 22 | €7,737 | €8,787 | +€1,049 | +13.6% |
| Plant, machinery and equipment | 23 | €10,176 | €4,846 | -€5,330 | -52.4% |
| Furniture and vehicles | 24 | €4,526 | €3,369 | -€1,157 | -25.6% |
| Current assets | 29/58 | €47,695 | €40,902 | -€6,793 | -14.2% |
| Stocks and contracts in progress | 3 | - | €4,260 | +€4,260 | |
| Stocks | 30/36 | - | €4,260 | +€4,260 | |
| Amounts receivable within one year | 40/41 | €23,132 | - | -€23,132 | |
| Trade receivables | 40 | €23,132 | - | -€23,132 | |
| Cash at bank and in hand | 54/58 | €24,383 | €36,322 | +€11,939 | +49.0% |
| Deferred charges and accrued income | 490/1 | €180 | €321 | +€141 | +78.4% |
| Total equity and liabilities | 10/49 | €195,262 | €162,308 | -€32,954 | -16.9% |
| Equity | 10/15 | €52,706 | €41,447 | -€11,258 | -21.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,706 | €36,447 | -€11,258 | -23.6% |
| Amounts payable | 17/49 | €142,556 | €120,861 | -€21,695 | -15.2% |
| Amounts payable within one year | 42/48 | €142,556 | €120,861 | -€21,695 | -15.2% |
| Trade debts | 44 | €614 | €10,931 | +€10,317 | +1680.4% |
| Suppliers | 440/4 | €614 | €10,931 | +€10,317 | +1680.4% |
| Other amounts payable | 47/48 | €141,942 | €109,930 | -€32,013 | -22.6% |
| Turnover | 70 | €142,082 | €107,723 | -€34,359 | -24.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €64,220 | €72,413 | +€8,193 | +12.8% |
| Remuneration, social security and pensions | 62 | €2,540 | €2,150 | -€390 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,981 | €31,094 | +€4,113 | +15.2% |
| Other operating charges | 640/8 | €635 | €3,168 | +€2,532 | +398.6% |
| Gross operating margin | 9900 | €77,862 | €35,310 | -€42,552 | -54.7% |
| Operating profit (loss) | 9901 | €47,706 | -€1,101 | -€48,808 | |
| Financial charges | 65/66B | €1 | €132 | +€131 | +21547.5% |
| Recurring financial charges | 65 | €1 | €132 | +€131 | +21547.5% |
| Profit (loss) for the period before taxes | 9903 | €47,706 | -€1,233 | -€48,939 | |
| Income taxes | 67/77 | - | €10,025 | +€10,025 | |
| Profit (loss) for the period | 9904 | €47,706 | -€11,258 | -€58,964 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,706 | -€11,258 | -€58,964 |
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 6 October 2026 via checked.be.