PDS Solutions: what changed
Two fiscal 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.
PDS Solutions
Largest movements
- Cash -€67,510
down €67,510 (-55.1%), from €122,568 to €55,058
mainly Contributions, distributions and other (-€130,000) and Investment in fixed assets (net) (-€2,676)
- Receivables within one year -€2,404
down €2,404 (-14.5%), from €16,582 to €14,178
of which Trade receivables: -€4,789
- Reserves -€77,672
down €77,672 (-56.8%), from €136,696 to €59,024
- Tax, wage and social debts +€5,490
up €5,490 (+136.8%), from €4,013 to €9,503
of which Remuneration and social security: +€2,860
No income-statement line moved by more than 1% of the activity.
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 | €144,794 | €73,839 | -€70,955 | -49.0% |
| Fixed assets | 21/28 | €4,980 | €4,262 | -€718 | -14.4% |
| Tangible fixed assets | 22/27 | €4,980 | €4,262 | -€718 | -14.4% |
| Plant, machinery and equipment | 23 | €3,138 | €3,092 | -€45 | -1.4% |
| Furniture and vehicles | 24 | €1,842 | €1,169 | -€673 | -36.5% |
| Current assets | 29/58 | €139,814 | €69,577 | -€70,237 | -50.2% |
| Amounts receivable within one year | 40/41 | €16,582 | €14,178 | -€2,404 | -14.5% |
| Trade receivables | 40 | €16,248 | €11,459 | -€4,789 | -29.5% |
| Other amounts receivable | 41 | €334 | €2,719 | +€2,385 | +714.1% |
| Cash at bank and in hand | 54/58 | €122,568 | €55,058 | -€67,510 | -55.1% |
| Deferred charges and accrued income | 490/1 | €664 | €341 | -€322 | -48.6% |
| Total equity and liabilities | 10/49 | €144,794 | €73,839 | -€70,955 | -49.0% |
| Equity | 10/15 | €140,196 | €62,524 | -€77,672 | -55.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €136,696 | €59,024 | -€77,672 | -56.8% |
| Distributable reserves | 133 | €136,696 | €59,024 | -€77,672 | -56.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €4,598 | €11,315 | +€6,717 | +146.1% |
| Amounts payable within one year | 42/48 | €4,598 | €11,315 | +€6,717 | +146.1% |
| Financial debts | 43 | €19 | €256 | +€237 | +1220.2% |
| Credit institutions | 430/8 | €19 | €256 | +€237 | +1220.2% |
| Trade debts | 44 | €566 | €884 | +€319 | +56.4% |
| Suppliers | 440/4 | €566 | €884 | +€319 | +56.4% |
| Taxes, remuneration and social security | 45 | €4,013 | €9,503 | +€5,490 | +136.8% |
| Taxes | 450/3 | €4,013 | €6,643 | +€2,630 | +65.5% |
| Remuneration and social security | 454/9 | - | €2,860 | +€2,860 | |
| Other amounts payable | 47/48 | €0 | €671 | +€671 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,003 | €3,394 | +€391 | +13.0% |
| Other operating charges | 640/8 | €166 | €874 | +€708 | +426.2% |
| Gross operating margin | 9900 | €70,851 | €71,121 | +€270 | +0.4% |
| Operating profit (loss) | 9901 | €67,682 | €66,853 | -€828 | -1.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €88 | €90 | +€2 | +2.3% |
| Recurring financial charges | 65 | €88 | €90 | +€2 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €67,594 | €66,763 | -€831 | -1.2% |
| Income taxes | 67/77 | €14,346 | €14,435 | +€89 | +0.6% |
| Profit (loss) for the period | 9904 | €53,247 | €52,328 | -€919 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,247 | €52,328 | -€919 | -1.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.