Physioworks: 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.
Physioworks
Largest movements
- Receivables within one year -€7,868
down €7,868 (-84.0%), from €9,365 to €1,497
- Cash +€5,604
up €5,604 (+121.1%), from €4,628 to €10,232
mainly Receivables within one year (+€7,868) and Depreciation (+€5,137)
- Deferred charges and accrued income +€1,069
up €1,069 (+347.4%), from €308 to €1,377
- Trade debts +€5,046
up €5,046 (+226.6%), from €2,227 to €7,273
- Other debts -€4,627
down €4,627 (-34.4%), from €13,451 to €8,824
- Debts after one year -€2,309
down €2,309 (-26.9%), from €8,583 to €6,274
- Profit (loss) carried forward +€785
up €785 (+7.7%), from -€10,187 to -€9,401
- Gross operating margin -€8,494
down €8,494 (-50.5%), from €16,815 to €8,321
- Depreciation +€1,051
up €1,051 (+25.7%), from €4,086 to €5,137
- Financial charges +€595
up €595 (+58.6%), from €1,014 to €1,609
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 | €36,930 | €35,768 | -€1,163 | -3.1% |
| Fixed assets | 21/28 | €22,630 | €22,662 | +€32 | +0.1% |
| Tangible fixed assets | 22/27 | €22,630 | €22,662 | +€32 | +0.1% |
| Plant, machinery and equipment | 23 | €1,817 | €3,505 | +€1,688 | +92.9% |
| Furniture and vehicles | 24 | €2,305 | €1,356 | -€949 | -41.2% |
| Other tangible fixed assets | 26 | €18,508 | €17,801 | -€707 | -3.8% |
| Current assets | 29/58 | €14,301 | €13,106 | -€1,195 | -8.4% |
| Amounts receivable within one year | 40/41 | €9,365 | €1,497 | -€7,868 | -84.0% |
| Trade receivables | 40 | €9,365 | €1,497 | -€7,868 | -84.0% |
| Cash at bank and in hand | 54/58 | €4,628 | €10,232 | +€5,604 | +121.1% |
| Deferred charges and accrued income | 490/1 | €308 | €1,377 | +€1,069 | +347.4% |
| Total equity and liabilities | 10/49 | €36,930 | €35,768 | -€1,163 | -3.1% |
| Equity | 10/15 | €10,273 | €11,059 | +€785 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,187 | -€9,401 | +€785 | +7.7% |
| Amounts payable | 17/49 | €26,657 | €24,709 | -€1,948 | -7.3% |
| Amounts payable after more than one year | 17 | €8,583 | €6,274 | -€2,309 | -26.9% |
| Financial debts | 170/4 | €8,583 | €6,274 | -€2,309 | -26.9% |
| Amounts payable within one year | 42/48 | €18,074 | €18,435 | +€361 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €2,245 | €2,309 | +€64 | +2.9% |
| Trade debts | 44 | €2,227 | €7,273 | +€5,046 | +226.6% |
| Suppliers | 440/4 | €2,227 | €7,273 | +€5,046 | +226.6% |
| Taxes, remuneration and social security | 45 | €152 | €29 | -€122 | -80.6% |
| Taxes | 450/3 | €152 | €29 | -€122 | -80.6% |
| Other amounts payable | 47/48 | €13,451 | €8,824 | -€4,627 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,086 | €5,137 | +€1,051 | +25.7% |
| Other operating charges | 640/8 | €773 | €790 | +€17 | +2.2% |
| Gross operating margin | 9900 | €16,815 | €8,321 | -€8,494 | -50.5% |
| Operating profit (loss) | 9901 | €11,956 | €2,394 | -€9,562 | -80.0% |
| Financial income | 75/76B | €2 | €0 | -€2 | -98.1% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -98.1% |
| Financial charges | 65/66B | €1,014 | €1,609 | +€595 | +58.6% |
| Recurring financial charges | 65 | €1,014 | €1,609 | +€595 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €10,944 | €785 | -€10,159 | -92.8% |
| Income taxes | 67/77 | €152 | - | -€152 | |
| Profit (loss) for the period | 9904 | €10,792 | €785 | -€10,007 | -92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,792 | €785 | -€10,007 | -92.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.