EUROPSYCHO: 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.
EUROPSYCHO
Largest movements
- Current investments +€149,153
new in 2025: €149,153
- Cash -€56,385
down €56,385 (-85.7%), from €65,826 to €9,441
mainly Current investments (-€149,153)
- Receivables within one year -€6,020
down €6,020 (-98.8%), from €6,095 to €75
of which Other amounts receivable: -€5,597
- Reserves +€85,285
new in 2025: €85,285
- Taxes -€26,241
down €26,241 (-39.6%), from €66,261 to €40,020
- Gross operating margin -€11,348
down €11,348 (-8.1%), from €139,361 to €128,013
- Financial charges +€1,558
new in 2025: €1,558
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.
Derived cash bridge
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 | €74,528 | €159,993 | +€85,465 | +115% |
| Formation expenses | 20 | €442 | - | -€442 | |
| Fixed assets | 21/28 | €1,635 | €1,010 | -€625 | -38.2% |
| Tangible fixed assets | 22/27 | €1,635 | €1,010 | -€625 | -38.2% |
| Furniture and vehicles | 24 | €1,635 | €1,010 | -€625 | -38.2% |
| Current assets | 29/58 | €72,452 | €158,983 | +€86,531 | +119% |
| Amounts receivable within one year | 40/41 | €6,095 | €75 | -€6,020 | -98.8% |
| Trade receivables | 40 | €423 | - | -€423 | |
| Other amounts receivable | 41 | €5,672 | €75 | -€5,597 | -98.7% |
| Current investments | 50/53 | - | €149,153 | +€149,153 | |
| Cash at bank and in hand | 54/58 | €65,826 | €9,441 | -€56,385 | -85.7% |
| Deferred charges and accrued income | 490/1 | €530 | €314 | -€217 | -40.8% |
| Total equity and liabilities | 10/49 | €74,528 | €159,993 | +€85,465 | +115% |
| Equity | 10/15 | €74,037 | €159,321 | +€85,285 | +115% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €85,285 | +€85,285 | |
| Distributable reserves | 133 | - | €85,285 | +€85,285 | |
| Profit (loss) carried forward | 14 | €71,037 | €71,037 | = | 0.0% |
| Amounts payable | 17/49 | €492 | €672 | +€180 | +36.5% |
| Amounts payable within one year | 42/48 | €492 | €672 | +€180 | +36.5% |
| Trade debts | 44 | - | €174 | +€174 | |
| Suppliers | 440/4 | - | €174 | +€174 | |
| Other amounts payable | 47/48 | €492 | €498 | +€6 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,677 | €1,066 | -€611 | -36.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €139,361 | €128,013 | -€11,348 | -8.1% |
| Operating profit (loss) | 9901 | €137,297 | €126,547 | -€10,750 | -7.8% |
| Financial income | 75/76B | €1 | €315 | +€314 | +62,828% |
| Recurring financial income | 75 | €1 | €315 | +€314 | +62,828% |
| Financial charges | 65/66B | - | €1,558 | +€1,558 | |
| Recurring financial charges | 65 | - | €1,558 | +€1,558 | |
| Profit (loss) for the period before taxes | 9903 | €137,297 | €125,304 | -€11,993 | -8.7% |
| Income taxes | 67/77 | €66,261 | €40,020 | -€26,241 | -39.6% |
| Profit (loss) for the period | 9904 | €71,037 | €85,285 | +€14,248 | +20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €71,037 | €85,285 | +€14,248 | +20.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.