PhysioNext: 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.
PhysioNext
Largest movements
- Tangible fixed assets +€129,494
up €129,494 (+100.0%), from €129,453 to €258,947
of which Other tangible fixed assets: +€128,890
- Cash -€9,234
down €9,234 (-19.2%), from €48,066 to €38,833
mainly Investment in fixed assets (net) (-€151,709) and Net result for the year (-€18,132)
- Receivables within one year +€4,783
new in 2025: €4,783
- Debts after one year +€134,712
up €134,712 (+134.9%), from €99,848 to €234,559
- Profit (loss) carried forward -€18,132
new in 2025: -€18,132
- Current portion of long-term debt +€7,877
up €7,877 (+45.0%), from €17,516 to €25,393
- Gross operating margin -€17,434
down €17,434 (-42.9%), from €40,655 to €23,221
- Other operating charges +€11,504
up €11,504 (+2317.2%), from €496 to €12,000
- Depreciation +€8,505
up €8,505 (+62.0%), from €13,710 to €22,215
- Taxes -€5,788
down €5,788 (-96.4%), from €6,006 to €217
- Financial charges +€3,614
up €3,614 (+109.3%), from €3,306 to €6,920
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 | €187,724 | €311,306 | +€123,581 | +65.8% |
| Fixed assets | 21/28 | €129,453 | €258,947 | +€129,494 | +100.0% |
| Tangible fixed assets | 22/27 | €129,453 | €258,947 | +€129,494 | +100.0% |
| Plant, machinery and equipment | 23 | €15,501 | €12,031 | -€3,470 | -22.4% |
| Furniture and vehicles | 24 | €57,952 | €62,026 | +€4,074 | +7.0% |
| Other tangible fixed assets | 26 | €56,000 | €184,890 | +€128,890 | +230.2% |
| Current assets | 29/58 | €58,271 | €52,359 | -€5,912 | -10.1% |
| Amounts receivable within one year | 40/41 | - | €4,783 | +€4,783 | |
| Other amounts receivable | 41 | - | €4,783 | +€4,783 | |
| Cash at bank and in hand | 54/58 | €48,066 | €38,833 | -€9,234 | -19.2% |
| Deferred charges and accrued income | 490/1 | €10,205 | €8,744 | -€1,461 | -14.3% |
| Total equity and liabilities | 10/49 | €187,724 | €311,306 | +€123,581 | +65.8% |
| Equity | 10/15 | €62,663 | €44,531 | -€18,132 | -28.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €57,663 | €57,663 | = | 0.0% |
| Distributable reserves | 133 | €57,663 | €57,663 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€18,132 | -€18,132 | |
| Amounts payable | 17/49 | €125,062 | €266,775 | +€141,713 | +113.3% |
| Amounts payable after more than one year | 17 | €99,848 | €234,559 | +€134,712 | +134.9% |
| Financial debts | 170/4 | €99,848 | €234,559 | +€134,712 | +134.9% |
| Amounts payable within one year | 42/48 | €25,094 | €32,215 | +€7,122 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €17,516 | €25,393 | +€7,877 | +45.0% |
| Trade debts | 44 | €72 | €1,263 | +€1,191 | +1659.6% |
| Suppliers | 440/4 | €72 | €1,263 | +€1,191 | +1659.6% |
| Taxes, remuneration and social security | 45 | €6,506 | €4,592 | -€1,914 | -29.4% |
| Taxes | 450/3 | €4,717 | €4,592 | -€126 | -2.7% |
| Remuneration and social security | 454/9 | €1,789 | €0 | -€1,789 | -100.0% |
| Other amounts payable | 47/48 | €1,000 | €968 | -€32 | -3.2% |
| Accrued charges and deferred income | 492/3 | €120 | €0 | -€120 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,710 | €22,215 | +€8,505 | +62.0% |
| Other operating charges | 640/8 | €496 | €12,000 | +€11,504 | +2317.2% |
| Gross operating margin | 9900 | €40,655 | €23,221 | -€17,434 | -42.9% |
| Operating profit (loss) | 9901 | €26,449 | -€10,994 | -€37,443 | |
| Financial income | 75/76B | €89 | €0 | -€89 | -100.0% |
| Recurring financial income | 75 | €89 | €0 | -€89 | -100.0% |
| Financial charges | 65/66B | €3,306 | €6,920 | +€3,614 | +109.3% |
| Recurring financial charges | 65 | €3,306 | €6,920 | +€3,614 | +109.3% |
| Profit (loss) for the period before taxes | 9903 | €23,231 | -€17,914 | -€41,146 | |
| Income taxes | 67/77 | €6,006 | €217 | -€5,788 | -96.4% |
| Profit (loss) for the period | 9904 | €17,225 | -€18,132 | -€35,357 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,225 | -€18,132 | -€35,357 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.