PHENIKS: 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.
PHENIKS
Largest movements
- Intangible fixed assets -€36,031
down €36,031 (-38.7%), from €93,054 to €57,023
- Tangible fixed assets +€13,125
up €13,125 (+371%), from €3,537 to €16,662
of which Plant, machinery and equipment: +€8,675
- Cash +€13,101
up €13,101 (+3.6%), from €364,007 to €377,108
mainly Net result for the year (+€195,185) and Depreciation (+€37,905)
- Profit (loss) carried forward -€40,529
down €40,529 (-37.8%), from €107,195 to €66,666
- Trade debts +€15,101
up €15,101 (+21.4%), from €70,437 to €85,538
- Tax, wage and social debts +€6,440
up €6,440 (+4.0%), from €162,753 to €169,193
of which Taxes: +€6,152
- Turnover -€805,498
no longer reported in 2025 (was €805,498)
- Purchases and services -€279,965
no longer reported in 2025 (was €279,965)
- Gross operating margin -€83,465
down €83,465 (-15.9%), from €525,533 to €442,068
- Taxes -€11,143
down €11,143 (-11.3%), from €99,045 to €87,902
- Staff costs +€9,669
up €9,669 (+8.8%), from €109,748 to €119,417
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 | €552,701 | €538,713 | -€13,988 | -2.5% |
| Fixed assets | 21/28 | €96,641 | €73,735 | -€22,906 | -23.7% |
| Intangible fixed assets | 21 | €93,054 | €57,023 | -€36,031 | -38.7% |
| Tangible fixed assets | 22/27 | €3,537 | €16,662 | +€13,125 | +371% |
| Plant, machinery and equipment | 23 | - | €8,675 | +€8,675 | |
| Furniture and vehicles | 24 | €3,537 | €7,987 | +€4,450 | +126% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €456,060 | €464,978 | +€8,918 | +2.0% |
| Amounts receivable within one year | 40/41 | €92,053 | €87,870 | -€4,183 | -4.5% |
| Trade receivables | 40 | €76,053 | €71,467 | -€4,586 | -6.0% |
| Other amounts receivable | 41 | €16,000 | €16,403 | +€403 | +2.5% |
| Cash at bank and in hand | 54/58 | €364,007 | €377,108 | +€13,101 | +3.6% |
| Total equity and liabilities | 10/49 | €552,701 | €538,713 | -€13,988 | -2.5% |
| Equity | 10/15 | €159,511 | €118,982 | -€40,529 | -25.4% |
| Contributions | 10/11 | €31,395 | €31,395 | = | 0.0% |
| Reserves | 13 | €20,921 | €20,921 | = | 0.0% |
| Distributable reserves | 133 | €20,921 | €20,921 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,195 | €66,666 | -€40,529 | -37.8% |
| Amounts payable | 17/49 | €393,190 | €419,731 | +€26,541 | +6.8% |
| Amounts payable within one year | 42/48 | €393,190 | €419,731 | +€26,541 | +6.8% |
| Trade debts | 44 | €70,437 | €85,538 | +€15,101 | +21.4% |
| Suppliers | 440/4 | €70,437 | €85,538 | +€15,101 | +21.4% |
| Taxes, remuneration and social security | 45 | €162,753 | €169,193 | +€6,440 | +4.0% |
| Taxes | 450/3 | €135,248 | €141,400 | +€6,152 | +4.5% |
| Remuneration and social security | 454/9 | €27,505 | €27,793 | +€288 | +1.0% |
| Other amounts payable | 47/48 | €160,000 | €165,000 | +€5,000 | +3.1% |
| Turnover | 70 | €805,498 | - | -€805,498 | |
| Goods, raw materials, services and sundry goods | 60/61 | €279,965 | - | -€279,965 | |
| Remuneration, social security and pensions | 62 | €109,748 | €119,417 | +€9,669 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,244 | €37,905 | +€661 | +1.8% |
| Other operating charges | 640/8 | €129 | €100 | -€29 | -22.5% |
| Non-recurring operating charges | 66A | €706 | - | -€706 | |
| Gross operating margin | 9900 | €525,533 | €442,068 | -€83,465 | -15.9% |
| Operating profit (loss) | 9901 | €377,706 | €284,646 | -€93,060 | -24.6% |
| Financial income | 75/76B | €947 | €1,698 | +€751 | +79.3% |
| Recurring financial income | 75 | €947 | €1,698 | +€751 | +79.3% |
| Financial charges | 65/66B | €1,572 | €3,257 | +€1,685 | +107% |
| Recurring financial charges | 65 | €1,572 | €3,257 | +€1,685 | +107% |
| Profit (loss) for the period before taxes | 9903 | €377,081 | €283,087 | -€93,994 | -24.9% |
| Income taxes | 67/77 | €99,045 | €87,902 | -€11,143 | -11.3% |
| Profit (loss) for the period | 9904 | €278,036 | €195,185 | -€82,851 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €278,036 | €195,185 | -€82,851 | -29.8% |
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 19 October 2026 via checked.be.