PHYTOPLUS: 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.
PHYTOPLUS
Largest movements
- Stocks and contracts -€318,829
no longer reported in 2024 (was €318,829)
- Tangible fixed assets -€53,783
down €53,783 (-13.2%), from €406,834 to €353,051
of which Furniture and vehicles: -€31,449
- Short-term financial debts -€129,000
no longer reported in 2024 (was €129,000)
- Trade debts -€73,202
down €73,202 (-99.2%), from €73,802 to €600
- Current portion of long-term debt -€56,790
no longer reported in 2024 (was €56,790)
- Profit (loss) carried forward -€49,618
down €49,618 (-15.0%), from €331,045 to €281,427
- Tax, wage and social debts -€35,384
down €35,384 (-95.8%), from €36,942 to €1,558
of which Taxes: -€24,802
- Gross operating margin -€114,432
down €114,432 (-60.1%), from €190,460 to €76,028
- Staff costs -€45,584
down €45,584 (-36.8%), from €124,021 to €78,437
- Depreciation -€20,995
down €20,995 (-50.5%), from €41,549 to €20,554
- Other operating charges +€11,281
up €11,281 (+217.3%), from €5,191 to €16,472
- Financial charges -€7,211
down €7,211 (-39.9%), from €18,075 to €10,864
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 | €779,893 | €392,028 | -€387,865 | -49.7% |
| Fixed assets | 21/28 | €408,267 | €353,051 | -€55,216 | -13.5% |
| Intangible fixed assets | 21 | €1,433 | - | -€1,433 | |
| Tangible fixed assets | 22/27 | €406,834 | €353,051 | -€53,783 | -13.2% |
| Land and buildings | 22 | €346,681 | €338,616 | -€8,065 | -2.3% |
| Plant, machinery and equipment | 23 | €28,654 | €14,385 | -€14,269 | -49.8% |
| Furniture and vehicles | 24 | €31,499 | €50 | -€31,449 | -99.8% |
| Current assets | 29/58 | €371,626 | €38,977 | -€332,649 | -89.5% |
| Stocks and contracts in progress | 3 | €318,829 | - | -€318,829 | |
| Stocks | 30/36 | €318,829 | - | -€318,829 | |
| Amounts receivable within one year | 40/41 | €7,704 | €629 | -€7,075 | -91.8% |
| Trade receivables | 40 | €4,563 | - | -€4,563 | |
| Other amounts receivable | 41 | €3,141 | €629 | -€2,512 | -80.0% |
| Cash at bank and in hand | 54/58 | €34,671 | €35,148 | +€477 | +1.4% |
| Deferred charges and accrued income | 490/1 | €10,422 | €3,200 | -€7,222 | -69.3% |
| Total equity and liabilities | 10/49 | €779,893 | €392,028 | -€387,865 | -49.7% |
| Equity | 10/15 | €439,483 | €389,865 | -€49,618 | -11.3% |
| Contributions | 10/11 | €29,700 | €29,700 | = | 0.0% |
| Reserves | 13 | €78,738 | €78,738 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,210 | €35,210 | = | 0.0% |
| Distributable reserves | 133 | €43,528 | €43,528 | = | 0.0% |
| Profit (loss) carried forward | 14 | €331,045 | €281,427 | -€49,618 | -15.0% |
| Amounts payable | 17/49 | €340,410 | €2,163 | -€338,247 | -99.4% |
| Amounts payable after more than one year | 17 | €23,124 | - | -€23,124 | |
| Financial debts | 170/4 | €23,124 | - | -€23,124 | |
| Amounts payable within one year | 42/48 | €316,227 | €2,158 | -€314,069 | -99.3% |
| Current portion of amounts payable after more than one year | 42 | €56,790 | - | -€56,790 | |
| Financial debts | 43 | €129,000 | - | -€129,000 | |
| Credit institutions | 430/8 | €129,000 | - | -€129,000 | |
| Trade debts | 44 | €73,802 | €600 | -€73,202 | -99.2% |
| Suppliers | 440/4 | €73,802 | €600 | -€73,202 | -99.2% |
| Taxes, remuneration and social security | 45 | €36,942 | €1,558 | -€35,384 | -95.8% |
| Taxes | 450/3 | €26,360 | €1,558 | -€24,802 | -94.1% |
| Remuneration and social security | 454/9 | €10,582 | - | -€10,582 | |
| Other amounts payable | 47/48 | €19,693 | - | -€19,693 | |
| Accrued charges and deferred income | 492/3 | €1,059 | €5 | -€1,054 | -99.5% |
| Remuneration, social security and pensions | 62 | €124,021 | €78,437 | -€45,584 | -36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,549 | €20,554 | -€20,995 | -50.5% |
| Other operating charges | 640/8 | €5,191 | €16,472 | +€11,281 | +217.3% |
| Gross operating margin | 9900 | €190,460 | €76,028 | -€114,432 | -60.1% |
| Operating profit (loss) | 9901 | €19,699 | -€39,435 | -€59,134 | |
| Financial income | 75/76B | €991 | €736 | -€255 | -25.7% |
| Recurring financial income | 75 | €991 | €736 | -€255 | -25.7% |
| Financial charges | 65/66B | €18,075 | €10,864 | -€7,211 | -39.9% |
| Recurring financial charges | 65 | €18,075 | €10,864 | -€7,211 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €2,615 | -€49,563 | -€52,178 | |
| Income taxes | 67/77 | €1,545 | €55 | -€1,490 | -96.4% |
| Profit (loss) for the period | 9904 | €1,070 | -€49,618 | -€50,688 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,070 | -€49,618 | -€50,688 |
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 3 October 2026 via checked.be.