P.S.P. Insurances: what changed
P.S.P. Insurances
Largest movements
- Cash +€1,461
up €1,461 (+171%), from €855 to €2,316
mainly Net result for the year (+€4,658) and Tax, wage and social debts (+€1,954)
- Receivables within one year +€645
up €645 (+2.4%), from €27,272 to €27,917
- Accrued charges and deferred income -€4,961
down €4,961 (-77.3%), from €6,417 to €1,456
- Profit (loss) carried forward +€4,658
up €4,658 (+11.6%), from -€40,250 to -€35,593
- Tax, wage and social debts +€1,954
up €1,954 (+403%), from €485 to €2,439
- Gross operating margin +€2,983
up €2,983 (+70.8%), from €4,212 to €7,195
- Taxes +€1,947
up €1,947 (+1,140%), from €171 to €2,118
- Other operating charges +€1,159
up €1,159 (+345%), from €335 to €1,494
- Depreciation -€501
down €501 (-67.2%), from €745 to €245
- Financial income +€97
up €97 (+6.9%), from €1,399 to €1,495
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,652 | €30,302 | +€1,650 | +5.8% |
| Fixed assets | 21/28 | €245 | - | -€245 | |
| Tangible fixed assets | 22/27 | €245 | - | -€245 | |
| Plant, machinery and equipment | 23 | €245 | - | -€245 | |
| Current assets | 29/58 | €28,407 | €30,302 | +€1,895 | +6.7% |
| Amounts receivable within one year | 40/41 | €27,272 | €27,917 | +€645 | +2.4% |
| Other amounts receivable | 41 | €27,272 | €27,917 | +€645 | +2.4% |
| Cash at bank and in hand | 54/58 | €855 | €2,316 | +€1,461 | +171% |
| Deferred charges and accrued income | 490/1 | €280 | €69 | -€211 | -75.3% |
| Total equity and liabilities | 10/49 | €28,652 | €30,302 | +€1,650 | +5.8% |
| Equity | 10/15 | €21,750 | €26,407 | +€4,658 | +21.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,250 | -€35,593 | +€4,658 | +11.6% |
| Amounts payable | 17/49 | €6,902 | €3,895 | -€3,007 | -43.6% |
| Amounts payable within one year | 42/48 | €485 | €2,439 | +€1,954 | +403% |
| Taxes, remuneration and social security | 45 | €485 | €2,439 | +€1,954 | +403% |
| Taxes | 450/3 | €485 | €2,439 | +€1,954 | +403% |
| Accrued charges and deferred income | 492/3 | €6,417 | €1,456 | -€4,961 | -77.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €745 | €245 | -€501 | -67.2% |
| Other operating charges | 640/8 | €335 | €1,494 | +€1,159 | +345% |
| Gross operating margin | 9900 | €4,212 | €7,195 | +€2,983 | +70.8% |
| Operating profit (loss) | 9901 | €3,131 | €5,456 | +€2,325 | +74.2% |
| Financial income | 75/76B | €1,399 | €1,495 | +€97 | +6.9% |
| Recurring financial income | 75 | €1,399 | €1,495 | +€97 | +6.9% |
| Financial charges | 65/66B | €170 | €176 | +€6 | +3.6% |
| Recurring financial charges | 65 | €170 | €176 | +€6 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €4,360 | €6,776 | +€2,416 | +55.4% |
| Income taxes | 67/77 | €171 | €2,118 | +€1,947 | +1,140% |
| Profit (loss) for the period | 9904 | €4,190 | €4,658 | +€468 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,190 | €4,658 | +€468 | +11.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.