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E.V. Psy: 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.

What changed

E.V. Psy

BE 0804.100.306
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€62,657
2024 · €113,388-€50,731
Equity
€179,045
2024 · €116,388+€62,657
Cash
€217,187
2024 · €136,000+€81,187
Balance sheet total
€227,451
2024 · €147,772+€79,679

Largest movements

2024 to 2025
Assets
  • Cash +€81,187

    up €81,187 (+59.7%), from €136,000 to €217,187

    mainly Net result for the year (+€62,657) and Tax, wage and social debts (+€15,839)

Equity and liabilities
  • Profit (loss) carried forward +€62,657

    up €62,657 (+55.3%), from €113,388 to €176,045

  • Tax, wage and social debts +€15,839

    up €15,839 (+50.5%), from €31,334 to €47,173

Income statement
  • Gross operating margin -€68,968

    down €68,968 (-46.4%), from €148,608 to €79,640

  • Taxes -€15,496

    down €15,496 (-49.5%), from €31,334 to €15,839

  • Depreciation -€2,123

    down €2,123 (-82.5%), from €2,573 to €450

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €113,388
Gross operating margin -€68,968
Depreciation +€2,123
Other operating charges +€730
Financial charges -€113
Taxes +€15,496
Result 2025 €62,657

Cash bridge derived

cash 2024 to 2025

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.

From operations +€81,187
Investment €0
Financing €0
Cash 2024 €136,000
Net result for the year +€62,657
Depreciation +€450
Receivables within one year +€1,298
Deferred charges and accrued income -€240
Trade debts +€1,184
Tax, wage and social debts +€15,839
Cash 2025 €217,187
Every line side by side 31 lines
Line Code 2024 2025 Change %
Total assets 20/58 €147,772 €227,451 +€79,679 +53.9%
Fixed assets 21/28 €793 €343 -€450 -56.7%
Tangible fixed assets 22/27 €793 €343 -€450 -56.7%
Furniture and vehicles 24 €793 €343 -€450 -56.7%
Current assets 29/58 €146,979 €227,107 +€80,129 +54.5%
Amounts receivable within one year 40/41 €10,979 €9,681 -€1,298 -11.8%
Trade receivables 40 €10,979 €9,681 -€1,298 -11.8%
Cash at bank and in hand 54/58 €136,000 €217,187 +€81,187 +59.7%
Deferred charges and accrued income 490/1 - €240 +€240
Total equity and liabilities 10/49 €147,772 €227,451 +€79,679 +53.9%
Equity 10/15 €116,388 €179,045 +€62,657 +53.8%
Contributions 10/11 €3,000 €3,000 = 0.0%
Outside capital 11 €3,000 - -€3,000
Share premium 1100/10 €3,000 - -€3,000
Profit (loss) carried forward 14 €113,388 €176,045 +€62,657 +55.3%
Amounts payable 17/49 €31,384 €48,406 +€17,022 +54.2%
Amounts payable within one year 42/48 €31,384 €48,406 +€17,022 +54.2%
Trade debts 44 €49 €1,233 +€1,184 +2396.4%
Suppliers 440/4 €49 €1,233 +€1,184 +2396.4%
Taxes, remuneration and social security 45 €31,334 €47,173 +€15,839 +50.5%
Taxes 450/3 €31,334 €47,173 +€15,839 +50.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,573 €450 -€2,123 -82.5%
Other operating charges 640/8 €1,276 €545 -€730 -57.2%
Gross operating margin 9900 €148,608 €79,640 -€68,968 -46.4%
Operating profit (loss) 9901 €144,760 €78,645 -€66,114 -45.7%
Financial charges 65/66B €38 €150 +€113 +300.0%
Recurring financial charges 65 €38 €150 +€113 +300.0%
Profit (loss) for the period before taxes 9903 €144,722 €78,495 -€66,227 -45.8%
Income taxes 67/77 €31,334 €15,839 -€15,496 -49.5%
Profit (loss) for the period 9904 €113,388 €62,657 -€50,731 -44.7%
Profit (loss) for the period to be appropriated 9905 €113,388 €62,657 -€50,731 -44.7%

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 28 September 2026 via checked.be.