P2IS: 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.
P2IS
Largest movements
- Cash -€29,459
down €29,459 (-24.4%), from €120,767 to €91,308
mainly Tax, wage and social debts (-€45,017) and Receivables within one year (-€9,161)
- Receivables within one year +€9,161
up €9,161 (+10.0%), from €91,168 to €100,329
of which Trade receivables: +€13,078
- Tax, wage and social debts -€45,017
down €45,017 (-82.5%), from €54,598 to €9,581
of which Taxes: -€45,063
- Profit (loss) carried forward +€26,913
up €26,913 (+16.6%), from €162,128 to €189,041
- Gross operating margin -€12,211
down €12,211 (-13.6%), from €89,982 to €77,771
- Staff costs -€4,452
down €4,452 (-9.4%), from €47,363 to €42,911
- Taxes -€958
down €958 (-13.2%), from €7,282 to €6,324
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 | €221,540 | €202,308 | -€19,232 | -8.7% |
| Fixed assets | 21/28 | €605 | €465 | -€140 | -23.1% |
| Tangible fixed assets | 22/27 | €605 | €465 | -€140 | -23.1% |
| Furniture and vehicles | 24 | €605 | €465 | -€140 | -23.1% |
| Current assets | 29/58 | €220,935 | €201,843 | -€19,092 | -8.6% |
| Amounts receivable within one year | 40/41 | €91,168 | €100,329 | +€9,161 | +10.0% |
| Trade receivables | 40 | €80,573 | €93,651 | +€13,078 | +16.2% |
| Other amounts receivable | 41 | €10,595 | €6,678 | -€3,917 | -37.0% |
| Cash at bank and in hand | 54/58 | €120,767 | €91,308 | -€29,459 | -24.4% |
| Deferred charges and accrued income | 490/1 | €9,000 | €10,206 | +€1,206 | +13.4% |
| Total equity and liabilities | 10/49 | €221,540 | €202,308 | -€19,232 | -8.7% |
| Equity | 10/15 | €164,628 | €191,541 | +€26,913 | +16.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162,128 | €189,041 | +€26,913 | +16.6% |
| Amounts payable | 17/49 | €56,912 | €10,767 | -€46,145 | -81.1% |
| Amounts payable within one year | 42/48 | €56,912 | €10,767 | -€46,145 | -81.1% |
| Trade debts | 44 | €558 | €336 | -€222 | -39.8% |
| Suppliers | 440/4 | €558 | €336 | -€222 | -39.8% |
| Taxes, remuneration and social security | 45 | €54,598 | €9,581 | -€45,017 | -82.5% |
| Taxes | 450/3 | €48,140 | €3,077 | -€45,063 | -93.6% |
| Remuneration and social security | 454/9 | €6,458 | €6,504 | +€46 | +0.7% |
| Other amounts payable | 47/48 | €1,756 | €850 | -€906 | -51.6% |
| Remuneration, social security and pensions | 62 | €47,363 | €42,911 | -€4,452 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95 | €140 | +€45 | +47.4% |
| Other operating charges | 640/8 | €387 | €439 | +€52 | +13.4% |
| Gross operating margin | 9900 | €89,982 | €77,771 | -€12,211 | -13.6% |
| Operating profit (loss) | 9901 | €42,137 | €34,281 | -€7,856 | -18.6% |
| Financial charges | 65/66B | €91 | €194 | +€103 | +113% |
| Recurring financial charges | 65 | €91 | €194 | +€103 | +113% |
| Profit (loss) for the period before taxes | 9903 | €42,046 | €34,087 | -€7,959 | -18.9% |
| Income taxes | 67/77 | €7,282 | €6,324 | -€958 | -13.2% |
| Profit (loss) for the period | 9904 | €34,764 | €27,763 | -€7,001 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,764 | €27,763 | -€7,001 | -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 13 October 2026 via checked.be.