PHOS: what changed
What changed
PHOS
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€11,108
2023 · -€17,424+€28,533
Equity
€361,839
2023 · €350,731+€11,108
Cash
€196,973
2023 · €313,613-€116,640
Balance sheet total
€383,455
2023 · €363,526+€19,929
Largest movements
Assets
- Current investments +€150,000
new in 2024: €150,000
- Cash -€116,640
down €116,640 (-37.2%), from €313,613 to €196,973
mainly Current investments (-€150,000) and Accrued charges and deferred income (-€1,147)
- Receivables within one year -€13,177
down €13,177 (-36.3%), from €36,338 to €23,161
of which Trade receivables: -€20,177
Equity and liabilities
- Profit (loss) carried forward +€11,108
up €11,108 (+75.4%), from -€14,729 to -€3,621
- Advances received +€5,525
new in 2024: €5,525
Income statement
- Gross operating margin +€22,656
up €22,656, from -€9,903 to €12,753
- Depreciation -€5,930
down €5,930 (-91.4%), from €6,488 to €557
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€17,424
Gross operating margin
+€22,656
Depreciation
+€5,930
Other operating charges
+€10
Financial charges
-€47
Taxes
-€16
Result 2024
€11,108
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€33,466
Investment
-€150,000
Financing
-€106
Cash 2023
€313,613
From operations (derived)
+€33,466
Net result for the year
+€11,108
Depreciation
+€557
Receivables within one year
+€13,177
Smaller working-capital items
-€15
Trade debts
+€1,132
Advances received
+€5,525
Other debts
+€3,128
Accrued charges and deferred income
-€1,147
Investment (derived)
-€150,000
Current investments
-€150,000
Financing
-€106
Short-term financial debts
-€106
Cash 2024
€196,973
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €363,526 | €383,455 | +€19,929 | +5.5% |
| Fixed assets | 21/28 | €12,987 | €12,430 | -€557 | -4.3% |
| Tangible fixed assets | 22/27 | €987 | €430 | -€557 | -56.5% |
| Furniture and vehicles | 24 | €987 | €430 | -€557 | -56.5% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €350,539 | €371,025 | +€20,486 | +5.8% |
| Amounts receivable within one year | 40/41 | €36,338 | €23,161 | -€13,177 | -36.3% |
| Trade receivables | 40 | €27,338 | €7,161 | -€20,177 | -73.8% |
| Other amounts receivable | 41 | €9,000 | €16,000 | +€7,000 | +77.8% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €313,613 | €196,973 | -€116,640 | -37.2% |
| Deferred charges and accrued income | 490/1 | €588 | €892 | +€304 | +51.8% |
| Total equity and liabilities | 10/49 | €363,526 | €383,455 | +€19,929 | +5.5% |
| Equity | 10/15 | €350,731 | €361,839 | +€11,108 | +3.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €345,000 | €345,000 | = | 0.0% |
| Distributable reserves | 133 | €345,000 | €345,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,729 | -€3,621 | +€11,108 | +75.4% |
| Amounts payable | 17/49 | €12,795 | €21,615 | +€8,821 | +68.9% |
| Amounts payable within one year | 42/48 | €11,183 | €21,151 | +€9,967 | +89.1% |
| Financial debts | 43 | €106 | - | -€106 | |
| Credit institutions | 430/8 | €106 | - | -€106 | |
| Trade debts | 44 | €1,025 | €2,157 | +€1,132 | +110% |
| Suppliers | 440/4 | €1,025 | €2,157 | +€1,132 | +110% |
| Advances received on contracts in progress | 46 | - | €5,525 | +€5,525 | |
| Taxes, remuneration and social security | 45 | €6,978 | €7,267 | +€289 | +4.1% |
| Taxes | 450/3 | €6,978 | €7,267 | +€289 | +4.1% |
| Other amounts payable | 47/48 | €3,074 | €6,202 | +€3,128 | +102% |
| Accrued charges and deferred income | 492/3 | €1,611 | €465 | -€1,147 | -71.2% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,488 | €557 | -€5,930 | -91.4% |
| Other operating charges | 640/8 | €910 | €900 | -€10 | -1.1% |
| Gross operating margin | 9900 | -€9,903 | €12,753 | +€22,656 | |
| Operating profit (loss) | 9901 | -€17,301 | €11,295 | +€28,596 | |
| Financial income | 75/76B | €300 | €300 | = | 0.0% |
| Recurring financial income | 75 | €300 | €300 | = | 0.0% |
| Financial charges | 65/66B | €161 | €208 | +€47 | +29.4% |
| Recurring financial charges | 65 | €161 | €208 | +€47 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,161 | €11,388 | +€28,549 | |
| Income taxes | 67/77 | €263 | €279 | +€16 | +6.1% |
| Profit (loss) for the period | 9904 | -€17,424 | €11,108 | +€28,533 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,424 | €11,108 | +€28,533 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.