PHYSIOVISIT: what changed
PHYSIOVISIT
Largest movements
- Tangible fixed assets -€12,173
down €12,173 (-21.9%), from €55,554 to €43,381
of which Furniture and vehicles: -€6,483
- Cash -€11,664
down €11,664 (-74.0%), from €15,754 to €4,090
mainly Debts after one year (-€10,908) and Net result for the year (-€6,963)
- Receivables within one year +€3,944
up €3,944 (+145%), from €2,715 to €6,659
- Debts after one year -€10,908
down €10,908 (-41.3%), from €26,420 to €15,512
- Profit (loss) carried forward -€6,963
new in 2025: -€6,963
- Other debts -€4,220
down €4,220 (-63.5%), from €6,647 to €2,426
- Accrued charges and deferred income +€1,598
up €1,598 (+462%), from €346 to €1,944
- Current portion of long-term debt +€1,153
up €1,153 (+11.8%), from €9,755 to €10,908
- Gross operating margin -€20,179
down €20,179 (-67.7%), from €29,815 to €9,636
- Taxes -€3,729
down €3,729 (-98.5%), from €3,785 to €56
- Other operating charges +€2,494
up €2,494 (+569%), from €438 to €2,932
- Staff costs -€1,936
no longer reported in 2025 (was €1,936)
- Financial charges -€1,407
down €1,407 (-46.3%), from €3,036 to €1,629
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,023 | €54,130 | -€19,893 | -26.9% |
| Fixed assets | 21/28 | €55,554 | €43,381 | -€12,173 | -21.9% |
| Tangible fixed assets | 22/27 | €55,554 | €43,381 | -€12,173 | -21.9% |
| Land and buildings | 22 | €18,387 | €17,387 | -€1,000 | -5.4% |
| Plant, machinery and equipment | 23 | €15,179 | €10,490 | -€4,690 | -30.9% |
| Furniture and vehicles | 24 | €21,987 | €15,504 | -€6,483 | -29.5% |
| Current assets | 29/58 | €18,469 | €10,749 | -€7,720 | -41.8% |
| Amounts receivable within one year | 40/41 | €2,715 | €6,659 | +€3,944 | +145% |
| Other amounts receivable | 41 | €2,715 | €6,659 | +€3,944 | +145% |
| Cash at bank and in hand | 54/58 | €15,754 | €4,090 | -€11,664 | -74.0% |
| Total equity and liabilities | 10/49 | €74,023 | €54,130 | -€19,893 | -26.9% |
| Equity | 10/15 | €28,600 | €21,637 | -€6,963 | -24.3% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €21,100 | €21,100 | = | 0.0% |
| Distributable reserves | 133 | €21,100 | €21,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,963 | -€6,963 | |
| Amounts payable | 17/49 | €45,423 | €32,493 | -€12,930 | -28.5% |
| Amounts payable after more than one year | 17 | €26,420 | €15,512 | -€10,908 | -41.3% |
| Financial debts | 170/4 | €26,420 | €15,512 | -€10,908 | -41.3% |
| Amounts payable within one year | 42/48 | €18,656 | €15,037 | -€3,620 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €9,755 | €10,908 | +€1,153 | +11.8% |
| Trade debts | 44 | €731 | €178 | -€553 | -75.7% |
| Suppliers | 440/4 | €731 | €178 | -€553 | -75.7% |
| Taxes, remuneration and social security | 45 | €1,524 | €1,524 | = | 0.0% |
| Taxes | 450/3 | €1,524 | €1,524 | = | 0.0% |
| Other amounts payable | 47/48 | €6,647 | €2,426 | -€4,220 | -63.5% |
| Accrued charges and deferred income | 492/3 | €346 | €1,944 | +€1,598 | +462% |
| Remuneration, social security and pensions | 62 | €1,936 | - | -€1,936 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,620 | €12,173 | +€553 | +4.8% |
| Other operating charges | 640/8 | €438 | €2,932 | +€2,494 | +569% |
| Gross operating margin | 9900 | €29,815 | €9,636 | -€20,179 | -67.7% |
| Operating profit (loss) | 9901 | €15,821 | -€5,469 | -€21,290 | |
| Financial income | 75/76B | - | €191 | +€191 | |
| Recurring financial income | 75 | - | €191 | +€191 | |
| Financial charges | 65/66B | €3,036 | €1,629 | -€1,407 | -46.3% |
| Recurring financial charges | 65 | €3,036 | €1,629 | -€1,407 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €12,785 | -€6,907 | -€19,692 | |
| Income taxes | 67/77 | €3,785 | €56 | -€3,729 | -98.5% |
| Profit (loss) for the period | 9904 | €9,000 | -€6,963 | -€15,964 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,000 | -€6,963 | -€15,964 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.