Payceed: 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.
Payceed
Largest movements
- Receivables within one year +€844,524
up €844,524 (+2659.0%), from €31,761 to €876,285
of which Trade receivables: +€844,010
- Trade debts +€810,984
up €810,984 (+6972.1%), from €11,632 to €822,616
of which Bills of exchange payable: +€816,045
- Other debts +€245,300
new in 2025: €245,300
- Profit (loss) carried forward -€183,400
down €183,400 (-82.9%), from €221,238 to €37,838
- Gross operating margin +€20,895
up €20,895 (+37.5%), from €55,690 to €76,584
- Taxes +€4,280
up €4,280 (+26.9%), from €15,904 to €20,184
- Other operating charges +€1,322
up €1,322 (+1763.2%), from €75 to €1,397
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 | €280,891 | €1,141,454 | +€860,563 | +306.4% |
| Fixed assets | 21/28 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €280,691 | €1,141,254 | +€860,563 | +306.6% |
| Amounts receivable within one year | 40/41 | €31,761 | €876,285 | +€844,524 | +2659.0% |
| Trade receivables | 40 | €31,051 | €875,061 | +€844,010 | +2718.2% |
| Other amounts receivable | 41 | €710 | €1,224 | +€514 | +72.4% |
| Cash at bank and in hand | 54/58 | €248,512 | €259,012 | +€10,500 | +4.2% |
| Deferred charges and accrued income | 490/1 | €418 | €5,956 | +€5,539 | +1325.5% |
| Total equity and liabilities | 10/49 | €280,891 | €1,141,454 | +€860,563 | +306.4% |
| Equity | 10/15 | €227,238 | €43,838 | -€183,400 | -80.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €221,238 | €37,838 | -€183,400 | -82.9% |
| Amounts payable | 17/49 | €53,653 | €1,097,616 | +€1.0m | +1945.8% |
| Amounts payable within one year | 42/48 | €50,689 | €1,097,616 | +€1.0m | +2065.4% |
| Trade debts | 44 | €11,632 | €822,616 | +€810,984 | +6972.1% |
| Suppliers | 440/4 | €11,632 | €6,571 | -€5,061 | -43.5% |
| Bills of exchange payable | 441 | - | €816,045 | +€816,045 | |
| Taxes, remuneration and social security | 45 | €39,057 | €29,700 | -€9,357 | -24.0% |
| Taxes | 450/3 | €39,057 | €29,700 | -€9,357 | -24.0% |
| Other amounts payable | 47/48 | - | €245,300 | +€245,300 | |
| Accrued charges and deferred income | 492/3 | €2,963 | - | -€2,963 | |
| Other operating charges | 640/8 | €75 | €1,397 | +€1,322 | +1763.2% |
| Gross operating margin | 9900 | €55,690 | €76,584 | +€20,895 | +37.5% |
| Operating profit (loss) | 9901 | €55,615 | €75,187 | +€19,572 | +35.2% |
| Financial income | 75/76B | €1,634 | €1,963 | +€329 | +20.2% |
| Recurring financial income | 75 | €1,634 | €1,963 | +€329 | +20.2% |
| Financial charges | 65/66B | €371 | €366 | -€5 | -1.4% |
| Recurring financial charges | 65 | €371 | €366 | -€5 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €56,877 | €76,784 | +€19,907 | +35.0% |
| Income taxes | 67/77 | €15,904 | €20,184 | +€4,280 | +26.9% |
| Profit (loss) for the period | 9904 | €40,973 | €56,600 | +€15,627 | +38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,973 | €56,600 | +€15,627 | +38.1% |
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 10 October 2026 via checked.be.