The Phoebus Foundation: what changed
Two financial 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.
The Phoebus Foundation
Largest movements
- Cash +€779,358
up €779,358 (+9.7%), from €8.1m to €8.9m
mainly Net result for the year (+€1.4m) and Deferred charges and accrued income (+€74,119)
- Receivables within one year +€257,911
up €257,911 (+52.7%), from €488,959 to €746,869
of which Other amounts receivable: +€263,652
- Reserves +€1.4m
up €1.4m (+45.9%), from €3.0m to €4.4m
- Trade debts -€434,548
down €434,548 (-46.3%), from €938,404 to €503,857
- Purchases and services +€1.7m
up €1.7m (+40.8%), from €4.1m to €5.8m
- Gross operating margin -€1.7m
down €1.7m (-50.4%), from €3.3m to €1.6m
- Financial income +€38,345
up €38,345 (+47,598%), from €81 to €38,426
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.
Derived cash bridge
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 | €8,639,097 | €9,602,247 | +€963,150 | +11.1% |
| Current assets | 29/58 | €8,639,097 | €9,602,247 | +€963,150 | +11.1% |
| Amounts receivable within one year | 40/41 | €488,959 | €746,869 | +€257,911 | +52.7% |
| Trade receivables | 40 | €23,673 | €17,932 | -€5,741 | -24.3% |
| Other amounts receivable | 41 | €465,286 | €728,938 | +€263,652 | +56.7% |
| Cash at bank and in hand | 54/58 | €8,076,020 | €8,855,378 | +€779,358 | +9.7% |
| Deferred charges and accrued income | 490/1 | €74,119 | - | -€74,119 | |
| Total equity and liabilities | 10/49 | €8,639,097 | €9,602,247 | +€963,150 | +11.1% |
| Equity | 10/15 | €7,661,108 | €9,043,445 | +€1.4m | +18.0% |
| Contributions | 10/11 | €4,650,000 | €4,650,000 | = | 0.0% |
| Capital | 10 | €4,650,000 | €4,650,000 | = | 0.0% |
| Reserves | 13 | €3,011,108 | €4,393,445 | +€1.4m | +45.9% |
| Amounts payable | 17/49 | €977,989 | €558,803 | -€419,187 | -42.9% |
| Amounts payable within one year | 42/48 | €977,989 | €558,803 | -€419,187 | -42.9% |
| Trade debts | 44 | €938,404 | €503,857 | -€434,548 | -46.3% |
| Suppliers | 440/4 | €938,404 | €503,857 | -€434,548 | -46.3% |
| Taxes, remuneration and social security | 45 | €39,585 | €54,946 | +€15,361 | +38.8% |
| Taxes | 450/3 | €11,915 | €6,543 | -€5,371 | -45.1% |
| Remuneration and social security | 454/9 | €27,670 | €48,402 | +€20,732 | +74.9% |
| Turnover | 70 | €24,157 | - | -€24,157 | |
| Membership fees, donations, legacies and grants | 73 | €7,442,500 | - | -€7.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,146,069 | €5,836,926 | +€1.7m | +40.8% |
| Remuneration, social security and pensions | 62 | €303,601 | €279,806 | -€23,796 | -7.8% |
| Other operating charges | 640/8 | - | €7,153 | +€7,153 | |
| Gross operating margin | 9900 | €3,321,497 | €1,647,718 | -€1.7m | -50.4% |
| Operating profit (loss) | 9901 | €3,017,895 | €1,360,758 | -€1.7m | -54.9% |
| Financial income | 75/76B | €81 | €38,426 | +€38,345 | +47,598% |
| Recurring financial income | 75 | €81 | €38,426 | +€38,345 | +47,598% |
| Financial charges | 65/66B | €2,651 | €5,806 | +€3,155 | +119% |
| Recurring financial charges | 65 | €2,651 | €5,806 | +€3,155 | +119% |
| Profit (loss) for the period before taxes | 9903 | €3,015,325 | €1,393,378 | -€1.6m | -53.8% |
| Income taxes | 67/77 | - | €11,041 | +€11,041 | |
| Profit (loss) for the period | 9904 | €3,015,325 | €1,382,337 | -€1.6m | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,015,325 | €1,382,337 | -€1.6m | -54.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.