PAYFLOW: 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.
PAYFLOW
Largest movements
- Deferred charges and accrued income -€12,569
down €12,569 (-94.0%), from €13,372 to €804
- Receivables within one year +€8,720
up €8,720 (+49.1%), from €17,758 to €26,478
of which Other amounts receivable: +€13,246
- Tangible fixed assets +€6,589
up €6,589 (+80.2%), from €8,221 to €14,810
of which Furniture and vehicles: +€9,392
- Intangible fixed assets -€2,982
down €2,982 (-29.5%), from €10,114 to €7,131
- Cash +€2,640
up €2,640 (+2.5%), from €105,120 to €107,760
mainly Deferred charges and accrued income (+€12,569) and Net result for the year (+€8,514)
- Profit (loss) carried forward +€8,514
up €8,514 (+6.8%), from €125,999 to €134,513
- Trade debts -€5,334
down €5,334 (-42.6%), from €12,534 to €7,200
- Gross operating margin -€17,664
down €17,664 (-49.5%), from €35,721 to €18,057
- Taxes -€4,005
down €4,005 (-57.6%), from €6,955 to €2,950
- Other operating charges -€1,232
down €1,232 (-66.3%), from €1,858 to €626
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 | €154,584 | €156,982 | +€2,398 | +1.6% |
| Fixed assets | 21/28 | €18,334 | €21,941 | +€3,607 | +19.7% |
| Intangible fixed assets | 21 | €10,114 | €7,131 | -€2,982 | -29.5% |
| Tangible fixed assets | 22/27 | €8,221 | €14,810 | +€6,589 | +80.2% |
| Plant, machinery and equipment | 23 | €8,221 | €5,418 | -€2,803 | -34.1% |
| Furniture and vehicles | 24 | €0 | €9,392 | +€9,392 | |
| Current assets | 29/58 | €136,250 | €135,042 | -€1,209 | -0.9% |
| Amounts receivable within one year | 40/41 | €17,758 | €26,478 | +€8,720 | +49.1% |
| Trade receivables | 40 | €16,326 | €11,800 | -€4,526 | -27.7% |
| Other amounts receivable | 41 | €1,432 | €14,678 | +€13,246 | +925% |
| Cash at bank and in hand | 54/58 | €105,120 | €107,760 | +€2,640 | +2.5% |
| Deferred charges and accrued income | 490/1 | €13,372 | €804 | -€12,569 | -94.0% |
| Total equity and liabilities | 10/49 | €154,584 | €156,982 | +€2,398 | +1.6% |
| Equity | 10/15 | €140,259 | €148,773 | +€8,514 | +6.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,999 | €134,513 | +€8,514 | +6.8% |
| Amounts payable | 17/49 | €14,326 | €8,210 | -€6,116 | -42.7% |
| Amounts payable within one year | 42/48 | €14,326 | €8,210 | -€6,116 | -42.7% |
| Trade debts | 44 | €12,534 | €7,200 | -€5,334 | -42.6% |
| Suppliers | 440/4 | €12,534 | €7,200 | -€5,334 | -42.6% |
| Taxes, remuneration and social security | 45 | €291 | €0 | -€291 | -100% |
| Taxes | 450/3 | €291 | €0 | -€291 | -100% |
| Other amounts payable | 47/48 | €1,500 | €1,010 | -€490 | -32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,284 | €5,991 | -€294 | -4.7% |
| Other operating charges | 640/8 | €1,858 | €626 | -€1,232 | -66.3% |
| Gross operating margin | 9900 | €35,721 | €18,057 | -€17,664 | -49.5% |
| Operating profit (loss) | 9901 | €27,579 | €11,440 | -€16,139 | -58.5% |
| Financial income | 75/76B | €10 | €163 | +€153 | +1,514% |
| Recurring financial income | 75 | €10 | €163 | +€153 | +1,514% |
| Financial charges | 65/66B | €144 | €139 | -€6 | -3.9% |
| Recurring financial charges | 65 | €144 | €139 | -€6 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €27,444 | €11,464 | -€15,980 | -58.2% |
| Income taxes | 67/77 | €6,955 | €2,950 | -€4,005 | -57.6% |
| Profit (loss) for the period | 9904 | €20,489 | €8,514 | -€11,975 | -58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,489 | €8,514 | -€11,975 | -58.4% |
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 25 October 2026 via checked.be.