PHAMALIMO: 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.
PHAMALIMO
Largest movements
- Receivables within one year -€48,924
down €48,924 (-97.2%), from €50,330 to €1,405
of which Trade receivables: -€50,330
- Stocks and contracts -€34,908
no longer reported in 2024 (was €34,908)
- Cash +€16,440
up €16,440 (+278%), from €5,908 to €22,347
mainly Receivables within one year (+€48,924) and Other debts (+€36,837)
- Intangible fixed assets +€11,328
new in 2024: €11,328
- Tangible fixed assets -€8,637
down €8,637 (-6.5%), from €132,942 to €124,304
of which Land and buildings: -€6,115
- Other debts +€36,837
up €36,837 (+227%), from €16,192 to €53,030
- Profit (loss) carried forward -€28,381
down €28,381 (-443%), from -€6,404 to -€34,786
- Debts after one year -€27,623
down €27,623 (-43.7%), from €63,141 to €35,518
- Short-term financial debts -€20,233
no longer reported in 2024 (was €20,233)
- Trade debts -€15,380
down €15,380 (-30.4%), from €50,561 to €35,181
- Gross operating margin -€107,000
down €107,000 (-83.5%), from €128,178 to €21,179
- Staff costs -€54,188
down €54,188 (-61.3%), from €88,361 to €34,173
- Other operating charges -€7,340
no longer reported in 2024 (was €7,340)
- Taxes -€4,777
down €4,777 (-93.3%), from €5,123 to €346
- Financial charges -€2,998
down €2,998 (-44.6%), from €6,721 to €3,723
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,137 | €159,435 | -€64,702 | -28.9% |
| Fixed assets | 21/28 | €132,992 | €135,682 | +€2,690 | +2.0% |
| Intangible fixed assets | 21 | - | €11,328 | +€11,328 | |
| Tangible fixed assets | 22/27 | €132,942 | €124,304 | -€8,637 | -6.5% |
| Land and buildings | 22 | €126,482 | €120,367 | -€6,115 | -4.8% |
| Furniture and vehicles | 24 | €6,459 | €3,937 | -€2,522 | -39.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €91,145 | €23,753 | -€67,393 | -73.9% |
| Stocks and contracts in progress | 3 | €34,908 | - | -€34,908 | |
| Stocks | 30/36 | €34,908 | - | -€34,908 | |
| Amounts receivable within one year | 40/41 | €50,330 | €1,405 | -€48,924 | -97.2% |
| Trade receivables | 40 | €50,330 | - | -€50,330 | |
| Other amounts receivable | 41 | - | €1,405 | +€1,405 | |
| Cash at bank and in hand | 54/58 | €5,908 | €22,347 | +€16,440 | +278% |
| Total equity and liabilities | 10/49 | €224,137 | €159,435 | -€64,702 | -28.9% |
| Equity | 10/15 | €30,996 | €2,614 | -€28,381 | -91.6% |
| Contributions | 10/11 | €34,000 | €34,000 | = | 0.0% |
| Reserves | 13 | €3,400 | €3,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,400 | €3,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,400 | €3,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,404 | -€34,786 | -€28,381 | -443% |
| Amounts payable | 17/49 | €193,141 | €156,820 | -€36,321 | -18.8% |
| Amounts payable after more than one year | 17 | €63,141 | €35,518 | -€27,623 | -43.7% |
| Financial debts | 170/4 | €63,141 | €35,518 | -€27,623 | -43.7% |
| Amounts payable within one year | 42/48 | €130,000 | €121,302 | -€8,698 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €25,615 | €27,623 | +€2,008 | +7.8% |
| Financial debts | 43 | €20,233 | - | -€20,233 | |
| Credit institutions | 430/8 | €20,233 | - | -€20,233 | |
| Trade debts | 44 | €50,561 | €35,181 | -€15,380 | -30.4% |
| Suppliers | 440/4 | €50,561 | €35,181 | -€15,380 | -30.4% |
| Taxes, remuneration and social security | 45 | €17,398 | €5,468 | -€11,930 | -68.6% |
| Taxes | 450/3 | €5,423 | €5,468 | +€46 | +0.8% |
| Remuneration and social security | 454/9 | €11,976 | - | -€11,976 | |
| Other amounts payable | 47/48 | €16,192 | €53,030 | +€36,837 | +227% |
| Remuneration, social security and pensions | 62 | €88,361 | €34,173 | -€54,188 | -61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,174 | €9,310 | +€135 | +1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,025 | +€2,025 | |
| Other operating charges | 640/8 | €7,340 | - | -€7,340 | |
| Gross operating margin | 9900 | €128,178 | €21,179 | -€107,000 | -83.5% |
| Operating profit (loss) | 9901 | €23,303 | -€24,329 | -€47,631 | |
| Financial income | 75/76B | €40 | €16 | -€24 | -59.9% |
| Recurring financial income | 75 | €40 | €16 | -€24 | -59.9% |
| Financial charges | 65/66B | €6,721 | €3,723 | -€2,998 | -44.6% |
| Recurring financial charges | 65 | €6,721 | €3,723 | -€2,998 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €16,622 | -€28,036 | -€44,657 | |
| Income taxes | 67/77 | €5,123 | €346 | -€4,777 | -93.3% |
| Profit (loss) for the period | 9904 | €11,499 | -€28,381 | -€39,881 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,499 | -€28,381 | -€39,881 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.