P-ASSIST: 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.
P-ASSIST
Largest movements
- Receivables within one year +€25,405
up €25,405 (+94.9%), from €26,777 to €52,182
of which Trade receivables: +€25,497
- Cash +€23,675
up €23,675 (+24.6%), from €96,325 to €120,001
mainly Net result for the year (+€87,274) and Other debts (+€27,403)
- Tangible fixed assets -€22,654
down €22,654 (-28.0%), from €80,789 to €58,135
of which Leasing and similar rights: -€12,261
- Other debts +€27,403
up €27,403 (+52.7%), from €51,955 to €79,358
- Debts after one year -€8,920
down €8,920 (-39.1%), from €22,822 to €13,902
- Trade debts +€6,576
up €6,576 (+38.5%), from €17,098 to €23,674
- Reserves -€5,442
down €5,442 (-20.0%), from €27,234 to €21,792
of which Distributable reserves: -€5,442
- Accrued charges and deferred income +€5,310
up €5,310 (+31.4%), from €16,883 to €22,192
- Gross operating margin +€42,414
up €42,414 (+18.9%), from €224,987 to €267,401
- Taxes +€10,372
up €10,372 (+65.7%), from €15,783 to €26,155
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 | €218,282 | €245,800 | +€27,517 | +12.6% |
| Fixed assets | 21/28 | €80,789 | €58,135 | -€22,654 | -28.0% |
| Tangible fixed assets | 22/27 | €80,789 | €58,135 | -€22,654 | -28.0% |
| Furniture and vehicles | 24 | €45,755 | €35,362 | -€10,393 | -22.7% |
| Leasing and similar rights | 25 | €35,034 | €22,773 | -€12,261 | -35.0% |
| Current assets | 29/58 | €137,494 | €187,665 | +€50,171 | +36.5% |
| Amounts receivable within one year | 40/41 | €26,777 | €52,182 | +€25,405 | +94.9% |
| Trade receivables | 40 | €26,685 | €52,182 | +€25,497 | +95.5% |
| Other amounts receivable | 41 | €92 | €0 | -€92 | -100% |
| Cash at bank and in hand | 54/58 | €96,325 | €120,001 | +€23,675 | +24.6% |
| Deferred charges and accrued income | 490/1 | €14,391 | €15,482 | +€1,091 | +7.6% |
| Total equity and liabilities | 10/49 | €218,282 | €245,800 | +€27,517 | +12.6% |
| Equity | 10/15 | €45,834 | €40,392 | -€5,442 | -11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,234 | €21,792 | -€5,442 | -20.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,374 | €19,932 | -€5,442 | -21.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €172,448 | €205,408 | +€32,959 | +19.1% |
| Amounts payable after more than one year | 17 | €22,822 | €13,902 | -€8,920 | -39.1% |
| Financial debts | 170/4 | €22,822 | €13,902 | -€8,920 | -39.1% |
| Amounts payable within one year | 42/48 | €132,743 | €169,313 | +€36,570 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €11,479 | €8,920 | -€2,559 | -22.3% |
| Trade debts | 44 | €17,098 | €23,674 | +€6,576 | +38.5% |
| Suppliers | 440/4 | €17,098 | €23,674 | +€6,576 | +38.5% |
| Taxes, remuneration and social security | 45 | €52,211 | €57,361 | +€5,150 | +9.9% |
| Taxes | 450/3 | €31,188 | €40,806 | +€9,618 | +30.8% |
| Remuneration and social security | 454/9 | €21,023 | €16,555 | -€4,468 | -21.3% |
| Other amounts payable | 47/48 | €51,955 | €79,358 | +€27,403 | +52.7% |
| Accrued charges and deferred income | 492/3 | €16,883 | €22,192 | +€5,310 | +31.4% |
| Remuneration, social security and pensions | 62 | €128,343 | €126,422 | -€1,921 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,588 | €25,032 | +€1,445 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €664 | €501 | -€162 | -24.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€515 | €0 | +€515 | |
| Other operating charges | 640/8 | €1,050 | €789 | -€260 | -24.8% |
| Non-recurring operating charges | 66A | €1,566 | €0 | -€1,566 | -100% |
| Gross operating margin | 9900 | €224,987 | €267,401 | +€42,414 | +18.9% |
| Operating profit (loss) | 9901 | €70,293 | €114,656 | +€44,363 | +63.1% |
| Financial income | 75/76B | €290 | €451 | +€161 | +55.3% |
| Recurring financial income | 75 | €290 | €451 | +€161 | +55.3% |
| Financial charges | 65/66B | €2,080 | €1,678 | -€403 | -19.4% |
| Recurring financial charges | 65 | €2,080 | €1,678 | -€403 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €68,503 | €113,430 | +€44,927 | +65.6% |
| Income taxes | 67/77 | €15,783 | €26,155 | +€10,372 | +65.7% |
| Profit (loss) for the period | 9904 | €52,720 | €87,274 | +€34,555 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,720 | €87,274 | +€34,555 | +65.5% |
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 24 October 2026 via checked.be.