Phenol and its derivatives are xenobiotics present in many industrial wastewaters and in non-specific pesticides. It is a lipophilic compound and, therefore, accumulates along the trophic chain. Phenol is often found in marine and fresh water environments. The aim of this work was to detect metabolic changes induced by phenol in Brycon cephalus juveniles. Several enzymes activities and metabolites were quantified in the liver, white muscle and plasma. Among the enzymes assayed are alanine and aspartate amino transferases (ALAT and ASAT), lactate dehydrogenase (LDH) and malate dehydrogenase (MDH). Glucose, glycogen, lactate, ammonia and pyruvate were also quantified in tissues and plasma (glycogen in tissues only). The liver was the most responsive organ. The activities of the transaminases increased in muscle and liver, followed by an increase in hepatic ammonia. Correlation between ammonia and transaminases points towards phenol-induced consumption of protein. Hepatic glycogen and glucose contents were lower followed exposure to phenol. The same was observed for muscle glucose, suggesting considerable use of carbohydrate stores. The activity of hepatic lactate dehydrogenase increased with negative correlation with muscle lactate. This suggests that hepatic gluconeogenesis supplies tissues like muscle and brain with glucose. These results indicate that phenol intoxication demands metabolic energy and leads to significant changes of the metabolic profile of the fish, inducing to a certain extent a shift from carbohydrate catabolism to protein catabolism and the activation of gluconeogenesis.