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.
Physixfit
Largest movements
- Tangible fixed assets -€18,492
down €18,492 (-15.2%), from €121,559 to €103,067
of which Leasing and similar rights: -€17,868
- Receivables within one year +€14,669
up €14,669 (+33.8%), from €43,379 to €58,049
of which Other amounts receivable: +€15,776
- Intangible fixed assets -€8,750
down €8,750 (-29.4%), from €29,774 to €21,024
- Receivables after one year +€8,500
up €8,500 (+100.0%), from €8,500 to €17,000
of which Other amounts receivable: +€17,000
- Cash -€8,281
down €8,281 (-6.7%), from €122,983 to €114,702
mainly Debts after one year (-€25,581) and Investment in fixed assets (net) (-€14,962)
- Debts after one year -€25,581
down €25,581 (-34.8%), from €73,464 to €47,883
- Reserves +€20,918
up €20,918 (+12.2%), from €171,306 to €192,224
- Current portion of long-term debt -€5,402
down €5,402 (-17.6%), from €30,743 to €25,340
- Trade debts -€4,710
down €4,710 (-19.7%), from €23,928 to €19,219
- Other operating charges +€19,481
up €19,481 (+1533.9%), from €1,270 to €20,751
- Gross operating margin -€14,433
down €14,433 (-12.8%), from €112,425 to €97,991
- Taxes -€8,157
down €8,157 (-44.7%), from €18,231 to €10,074
- Financial income +€1,191
up €1,191 (+78.0%), from €1,527 to €2,718
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.
Cash bridge derived
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 | €337,901 | €323,336 | -€14,565 | -4.3% |
| Fixed assets | 21/28 | €151,333 | €124,091 | -€27,242 | -18.0% |
| Intangible fixed assets | 21 | €29,774 | €21,024 | -€8,750 | -29.4% |
| Tangible fixed assets | 22/27 | €121,559 | €103,067 | -€18,492 | -15.2% |
| Land and buildings | 22 | €74,849 | €67,905 | -€6,944 | -9.3% |
| Plant, machinery and equipment | 23 | €544 | €6,300 | +€5,756 | +1057.9% |
| Furniture and vehicles | 24 | €1,743 | €2,307 | +€564 | +32.4% |
| Leasing and similar rights | 25 | €44,422 | €26,554 | -€17,868 | -40.2% |
| Current assets | 29/58 | €186,569 | €199,245 | +€12,677 | +6.8% |
| Amounts receivable after more than one year | 29 | €8,500 | €17,000 | +€8,500 | +100.0% |
| Trade receivables | 290 | €8,500 | €0 | -€8,500 | -100.0% |
| Other amounts receivable | 291 | - | €17,000 | +€17,000 | |
| Stocks and contracts in progress | 3 | €5,987 | €3,361 | -€2,626 | -43.9% |
| Stocks | 30/36 | €5,987 | €3,361 | -€2,626 | -43.9% |
| Amounts receivable within one year | 40/41 | €43,379 | €58,049 | +€14,669 | +33.8% |
| Trade receivables | 40 | €13,095 | €11,989 | -€1,106 | -8.4% |
| Other amounts receivable | 41 | €30,285 | €46,060 | +€15,776 | +52.1% |
| Cash at bank and in hand | 54/58 | €122,983 | €114,702 | -€8,281 | -6.7% |
| Deferred charges and accrued income | 490/1 | €5,719 | €6,133 | +€414 | +7.2% |
| Total equity and liabilities | 10/49 | €337,901 | €323,336 | -€14,565 | -4.3% |
| Equity | 10/15 | €183,706 | €204,624 | +€20,918 | +11.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €171,306 | €192,224 | +€20,918 | +12.2% |
| Distributable reserves | 133 | €171,306 | €192,224 | +€20,918 | +12.2% |
| Amounts payable | 17/49 | €154,195 | €118,711 | -€35,483 | -23.0% |
| Amounts payable after more than one year | 17 | €73,464 | €47,883 | -€25,581 | -34.8% |
| Financial debts | 170/4 | €73,464 | €47,883 | -€25,581 | -34.8% |
| Amounts payable within one year | 42/48 | €80,731 | €70,329 | -€10,402 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €30,743 | €25,340 | -€5,402 | -17.6% |
| Financial debts | 43 | €23,960 | €21,137 | -€2,824 | -11.8% |
| Credit institutions | 430/8 | €16,627 | €21,137 | +€4,510 | +27.1% |
| Other loans | 439 | €7,333 | €0 | -€7,333 | -100.0% |
| Trade debts | 44 | €23,928 | €19,219 | -€4,710 | -19.7% |
| Suppliers | 440/4 | €23,928 | €19,219 | -€4,710 | -19.7% |
| Taxes, remuneration and social security | 45 | €2,100 | €4,633 | +€2,533 | +120.6% |
| Taxes | 450/3 | €2,100 | €1,433 | -€667 | -31.8% |
| Remuneration and social security | 454/9 | €0 | €3,200 | +€3,200 | |
| Accrued charges and deferred income | 492/3 | €0 | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,667 | €42,204 | +€537 | +1.3% |
| Other operating charges | 640/8 | €1,270 | €20,751 | +€19,481 | +1533.9% |
| Gross operating margin | 9900 | €112,425 | €97,991 | -€14,433 | -12.8% |
| Operating profit (loss) | 9901 | €69,488 | €35,037 | -€34,451 | -49.6% |
| Financial income | 75/76B | €1,527 | €2,718 | +€1,191 | +78.0% |
| Recurring financial income | 75 | €1,527 | €2,718 | +€1,191 | +78.0% |
| Financial charges | 65/66B | €7,530 | €6,763 | -€767 | -10.2% |
| Recurring financial charges | 65 | €7,530 | €6,763 | -€767 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €63,486 | €30,992 | -€32,493 | -51.2% |
| Income taxes | 67/77 | €18,231 | €10,074 | -€8,157 | -44.7% |
| Profit (loss) for the period | 9904 | €45,254 | €20,918 | -€24,336 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,254 | €20,918 | -€24,336 | -53.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 September 2026 via checked.be.