PEDO PSY: 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.
PEDO PSY
Largest movements
- Cash +€101,642
up €101,642 (+31.6%), from €322,010 to €423,652
mainly Net result for the year (+€87,249) and Tax, wage and social debts (+€13,694)
- Reserves +€87,249
up €87,249 (+53.5%), from €163,050 to €250,299
of which Distributable reserves: +€103,299
- Tax, wage and social debts +€13,694
up €13,694 (+78.1%), from €17,544 to €31,238
of which Taxes: +€12,956
- Gross operating margin +€21,280
up €21,280 (+18.2%), from €116,839 to €138,119
- Taxes +€12,878
up €12,878 (+40.7%), from €31,664 to €44,542
- Financial income -€1,547
down €1,547 (-60.0%), from €2,577 to €1,030
- Financial charges -€1,511
down €1,511 (-78.5%), from €1,924 to €413
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 | €335,850 | €439,891 | +€104,041 | +31.0% |
| Fixed assets | 21/28 | €13,840 | €10,639 | -€3,200 | -23.1% |
| Tangible fixed assets | 22/27 | €13,840 | €10,639 | -€3,200 | -23.1% |
| Furniture and vehicles | 24 | €10,448 | €7,671 | -€2,776 | -26.6% |
| Other tangible fixed assets | 26 | €3,392 | €2,968 | -€424 | -12.5% |
| Current assets | 29/58 | €322,010 | €429,251 | +€107,241 | +33.3% |
| Amounts receivable within one year | 40/41 | - | €3,844 | +€3,844 | |
| Trade receivables | 40 | - | €3,844 | +€3,844 | |
| Cash at bank and in hand | 54/58 | €322,010 | €423,652 | +€101,642 | +31.6% |
| Deferred charges and accrued income | 490/1 | - | €1,755 | +€1,755 | |
| Total equity and liabilities | 10/49 | €335,850 | €439,891 | +€104,041 | +31.0% |
| Equity | 10/15 | €279,972 | €367,221 | +€87,249 | +31.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €163,050 | €250,299 | +€87,249 | +53.5% |
| Non-distributable reserves | 130/1 | €16,050 | - | -€16,050 | |
| Reserves not available under the articles | 1311 | €16,050 | - | -€16,050 | |
| Distributable reserves | 133 | €147,000 | €250,299 | +€103,299 | +70.3% |
| Profit (loss) carried forward | 14 | €114,422 | €114,422 | +€0 | 0.0% |
| Amounts payable | 17/49 | €55,878 | €72,669 | +€16,792 | +30.1% |
| Amounts payable within one year | 42/48 | €55,878 | €72,669 | +€16,792 | +30.1% |
| Taxes, remuneration and social security | 45 | €17,544 | €31,238 | +€13,694 | +78.1% |
| Taxes | 450/3 | €17,282 | €30,238 | +€12,956 | +75.0% |
| Remuneration and social security | 454/9 | €262 | €1,000 | +€738 | +282% |
| Other amounts payable | 47/48 | €38,334 | €41,431 | +€3,097 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,854 | €5,620 | +€766 | +15.8% |
| Other operating charges | 640/8 | €916 | €1,325 | +€409 | +44.7% |
| Gross operating margin | 9900 | €116,839 | €138,119 | +€21,280 | +18.2% |
| Operating profit (loss) | 9901 | €111,069 | €131,174 | +€20,105 | +18.1% |
| Financial income | 75/76B | €2,577 | €1,030 | -€1,547 | -60.0% |
| Recurring financial income | 75 | €2,577 | €1,030 | -€1,547 | -60.0% |
| Financial charges | 65/66B | €1,924 | €413 | -€1,511 | -78.5% |
| Recurring financial charges | 65 | €1,924 | €413 | -€1,511 | -78.5% |
| Profit (loss) for the period before taxes | 9903 | €111,722 | €131,791 | +€20,069 | +18.0% |
| Income taxes | 67/77 | €31,664 | €44,542 | +€12,878 | +40.7% |
| Profit (loss) for the period | 9904 | €80,058 | €87,249 | +€7,191 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,058 | €87,249 | +€7,191 | +9.0% |
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.