MB 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.
MB PSY
Largest movements
- Receivables within one year +€10,863
up €10,863 (+14.8%), from €73,184 to €84,047
of which Other amounts receivable: +€23,376
- Tangible fixed assets -€4,719
down €4,719 (-79.3%), from €5,952 to €1,233
- Cash +€3,446
up €3,446 (+55.5%), from €6,211 to €9,657
mainly Net result for the year (+€44,394) and Depreciation (+€6,008)
- Reserves +€44,394
up €44,394 (+227.3%), from €19,529 to €63,923
- Other debts -€32,688
no longer reported in 2025 (was €32,688)
- Trade debts -€3,089
down €3,089 (-75.2%), from €4,107 to €1,018
- Gross operating margin +€12,334
up €12,334 (+22.0%), from €56,050 to €68,383
- Other operating charges +€5,456
up €5,456 (+526.0%), from €1,037 to €6,493
- Taxes +€4,098
up €4,098 (+42.4%), from €9,654 to €13,752
- Financial income +€1,994
up €1,994 (+117.5%), from €1,697 to €3,690
- Financial charges +€1,265
up €1,265 (+781.1%), from €162 to €1,427
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 | €85,523 | €95,031 | +€9,509 | +11.1% |
| Fixed assets | 21/28 | €5,952 | €1,233 | -€4,719 | -79.3% |
| Tangible fixed assets | 22/27 | €5,952 | €1,233 | -€4,719 | -79.3% |
| Furniture and vehicles | 24 | €5,952 | €1,233 | -€4,719 | -79.3% |
| Current assets | 29/58 | €79,571 | €93,799 | +€14,228 | +17.9% |
| Amounts receivable within one year | 40/41 | €73,184 | €84,047 | +€10,863 | +14.8% |
| Trade receivables | 40 | €17,194 | €4,681 | -€12,513 | -72.8% |
| Other amounts receivable | 41 | €55,990 | €79,365 | +€23,376 | +41.8% |
| Cash at bank and in hand | 54/58 | €6,211 | €9,657 | +€3,446 | +55.5% |
| Deferred charges and accrued income | 490/1 | €176 | €95 | -€81 | -46.1% |
| Total equity and liabilities | 10/49 | €85,523 | €95,031 | +€9,509 | +11.1% |
| Equity | 10/15 | €21,529 | €65,923 | +€44,394 | +206.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €19,529 | €63,923 | +€44,394 | +227.3% |
| Distributable reserves | 133 | €19,529 | €63,923 | +€44,394 | +227.3% |
| Amounts payable | 17/49 | €63,994 | €29,109 | -€34,885 | -54.5% |
| Amounts payable within one year | 42/48 | €63,994 | €29,109 | -€34,885 | -54.5% |
| Trade debts | 44 | €4,107 | €1,018 | -€3,089 | -75.2% |
| Suppliers | 440/4 | €4,107 | €1,018 | -€3,089 | -75.2% |
| Taxes, remuneration and social security | 45 | €27,199 | €28,091 | +€892 | +3.3% |
| Taxes | 450/3 | €27,199 | €28,091 | +€892 | +3.3% |
| Other amounts payable | 47/48 | €32,688 | - | -€32,688 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,033 | €6,008 | -€24 | -0.4% |
| Other operating charges | 640/8 | €1,037 | €6,493 | +€5,456 | +526.0% |
| Gross operating margin | 9900 | €56,050 | €68,383 | +€12,334 | +22.0% |
| Operating profit (loss) | 9901 | €48,980 | €55,882 | +€6,902 | +14.1% |
| Financial income | 75/76B | €1,697 | €3,690 | +€1,994 | +117.5% |
| Recurring financial income | 75 | €1,697 | €3,690 | +€1,994 | +117.5% |
| Financial charges | 65/66B | €162 | €1,427 | +€1,265 | +781.1% |
| Recurring financial charges | 65 | €162 | €1,427 | +€1,265 | +781.1% |
| Profit (loss) for the period before taxes | 9903 | €50,515 | €58,146 | +€7,631 | +15.1% |
| Income taxes | 67/77 | €9,654 | €13,752 | +€4,098 | +42.4% |
| Profit (loss) for the period | 9904 | €40,860 | €44,394 | +€3,533 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,860 | €44,394 | +€3,533 | +8.6% |
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.