PHYTEX: 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.
PHYTEX
Largest movements
- Tangible fixed assets -€50,675
down €50,675 (-20.5%), from €247,366 to €196,690
of which Plant, machinery and equipment: -€50,675
- Financial fixed assets -€35,365
down €35,365 (-87.6%), from €40,365 to €5,000
- Receivables within one year -€4,317
down €4,317 (-99.8%), from €4,324 to €8
of which Trade receivables: -€4,239
- Profit (loss) carried forward -€56,188
down €56,188 (-10.0%), from -€563,313 to -€619,501
- Other debts -€35,000
down €35,000 (-6.2%), from €565,161 to €530,161
- Staff costs -€19,462
no longer reported in 2024 (was €19,462)
- Gross operating margin -€4,504
down €4,504 (-269.5%), from -€1,672 to -€6,175
- Financial income +€1,288
up €1,288 (+9622.4%), from €13 to €1,302
- Depreciation -€1,188
down €1,188 (-2.4%), from €50,391 to €49,202
- Other operating charges +€681
up €681 (+52.6%), from €1,294 to €1,974
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.
Cash bridge derived
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 | €303,186 | €210,660 | -€92,526 | -30.5% |
| Fixed assets | 21/28 | €291,345 | €204,803 | -€86,542 | -29.7% |
| Intangible fixed assets | 21 | €3,614 | €3,113 | -€501 | -13.9% |
| Tangible fixed assets | 22/27 | €247,366 | €196,690 | -€50,675 | -20.5% |
| Plant, machinery and equipment | 23 | €247,366 | €196,690 | -€50,675 | -20.5% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €40,365 | €5,000 | -€35,365 | -87.6% |
| Current assets | 29/58 | €11,841 | €5,857 | -€5,984 | -50.5% |
| Amounts receivable within one year | 40/41 | €4,324 | €8 | -€4,317 | -99.8% |
| Trade receivables | 40 | €4,239 | - | -€4,239 | |
| Other amounts receivable | 41 | €86 | €8 | -€78 | -91.2% |
| Cash at bank and in hand | 54/58 | €7,517 | €5,849 | -€1,668 | -22.2% |
| Total equity and liabilities | 10/49 | €303,186 | €210,660 | -€92,526 | -30.5% |
| Equity | 10/15 | -€263,313 | -€319,501 | -€56,188 | -21.3% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€563,313 | -€619,501 | -€56,188 | -10.0% |
| Amounts payable | 17/49 | €566,499 | €530,161 | -€36,338 | -6.4% |
| Amounts payable within one year | 42/48 | €566,499 | €530,161 | -€36,338 | -6.4% |
| Trade debts | 44 | €1,338 | €0 | -€1,338 | -100.0% |
| Suppliers | 440/4 | €1,338 | €0 | -€1,338 | -100.0% |
| Other amounts payable | 47/48 | €565,161 | €530,161 | -€35,000 | -6.2% |
| Remuneration, social security and pensions | 62 | €19,462 | - | -€19,462 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,391 | €49,202 | -€1,188 | -2.4% |
| Other operating charges | 640/8 | €1,294 | €1,974 | +€681 | +52.6% |
| Gross operating margin | 9900 | -€1,672 | -€6,175 | -€4,504 | -269.5% |
| Operating profit (loss) | 9901 | -€72,818 | -€57,352 | +€15,466 | +21.2% |
| Financial income | 75/76B | €13 | €1,302 | +€1,288 | +9622.4% |
| Recurring financial income | 75 | €13 | €1,302 | +€1,288 | +9622.4% |
| Financial charges | 65/66B | €183 | €138 | -€45 | -24.5% |
| Recurring financial charges | 65 | €183 | €138 | -€45 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | -€72,988 | -€56,188 | +€16,799 | +23.0% |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | -€72,989 | -€56,188 | +€16,801 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,989 | -€56,188 | +€16,801 | +23.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.