PHYSIOFIX: 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.
PHYSIOFIX
Largest movements
- Receivables within one year +€20,234
up €20,234 (+265.6%), from €7,620 to €27,854
of which Trade receivables: +€24,032
- Cash +€16,907
up €16,907 (+162.1%), from €10,430 to €27,337
mainly Net result for the year (+€33,691) and Other debts (+€3,987)
- Tangible fixed assets +€1,328
up €1,328 (+357.1%), from €372 to €1,700
- Profit (loss) carried forward +€33,691
up €33,691 (+421.2%), from €7,999 to €41,690
- Other debts +€3,987
new in 2025: €3,987
- Tax, wage and social debts +€3,474
up €3,474 (+126.1%), from €2,754 to €6,228
- Trade debts -€2,522
down €2,522 (-68.7%), from €3,669 to €1,147
- Gross operating margin +€44,427
up €44,427, from -€478 to €43,950
- Taxes +€8,930
up €8,930 (+2995.6%), from €298 to €9,228
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 | €18,422 | €57,052 | +€38,630 | +209.7% |
| Fixed assets | 21/28 | €372 | €1,700 | +€1,328 | +357.1% |
| Tangible fixed assets | 22/27 | €372 | €1,700 | +€1,328 | +357.1% |
| Plant, machinery and equipment | 23 | €372 | €1,700 | +€1,328 | +357.1% |
| Current assets | 29/58 | €18,050 | €55,352 | +€37,302 | +206.7% |
| Amounts receivable within one year | 40/41 | €7,620 | €27,854 | +€20,234 | +265.6% |
| Trade receivables | 40 | €3,822 | €27,854 | +€24,032 | +628.7% |
| Other amounts receivable | 41 | €3,797 | - | -€3,797 | |
| Cash at bank and in hand | 54/58 | €10,430 | €27,337 | +€16,907 | +162.1% |
| Deferred charges and accrued income | 490/1 | - | €161 | +€161 | |
| Total equity and liabilities | 10/49 | €18,422 | €57,052 | +€38,630 | +209.7% |
| Equity | 10/15 | €11,999 | €45,690 | +€33,691 | +280.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,999 | €41,690 | +€33,691 | +421.2% |
| Amounts payable | 17/49 | €6,423 | €11,362 | +€4,940 | +76.9% |
| Amounts payable within one year | 42/48 | €6,423 | €11,362 | +€4,940 | +76.9% |
| Trade debts | 44 | €3,669 | €1,147 | -€2,522 | -68.7% |
| Suppliers | 440/4 | €3,669 | €1,147 | -€2,522 | -68.7% |
| Taxes, remuneration and social security | 45 | €2,754 | €6,228 | +€3,474 | +126.1% |
| Taxes | 450/3 | €2,754 | €6,228 | +€3,474 | +126.1% |
| Other amounts payable | 47/48 | - | €3,987 | +€3,987 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €202 | €591 | +€389 | +192.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€478 | €43,950 | +€44,427 | |
| Operating profit (loss) | 9901 | -€1,067 | €42,959 | +€44,026 | |
| Financial income | 75/76B | €242 | €5 | -€237 | -97.9% |
| Recurring financial income | 75 | €242 | €5 | -€237 | -97.9% |
| Financial charges | 65/66B | €45 | €45 | -€0 | -0.9% |
| Recurring financial charges | 65 | €45 | €45 | -€0 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | -€870 | €42,919 | +€43,789 | |
| Income taxes | 67/77 | €298 | €9,228 | +€8,930 | +2995.6% |
| Profit (loss) for the period | 9904 | -€1,168 | €33,691 | +€34,859 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,168 | €33,691 | +€34,859 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.