Pension MathematiCs 4u: what changed
Pension MathematiCs 4u
Largest movements
- Cash +€78,648
up €78,648 (+12.0%), from €656,158 to €734,806
mainly Net result for the year (+€173,075) and Trade debts (+€19,062)
- Receivables within one year +€24,510
up €24,510 (+11.6%), from €212,152 to €236,662
of which Trade receivables: +€19,510
- Reserves +€72,417
up €72,417 (+9.8%), from €739,709 to €812,126
of which Distributable reserves: +€72,417
- Trade debts +€19,062
up €19,062 (+544%), from €3,503 to €22,565
- Tax, wage and social debts +€11,484
up €11,484 (+10.6%), from €108,487 to €119,971
of which Taxes: +€13,734
- Gross operating margin +€25,900
up €25,900 (+10.9%), from €237,144 to €263,044
- Taxes +€10,560
up €10,560 (+15.8%), from €66,844 to €77,404
- Staff costs -€3,256
down €3,256 (-14.0%), from €23,230 to €19,974
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €868,310 | €971,468 | +€103,158 | +11.9% |
| Current assets | 29/58 | €868,310 | €971,468 | +€103,158 | +11.9% |
| Amounts receivable within one year | 40/41 | €212,152 | €236,662 | +€24,510 | +11.6% |
| Trade receivables | 40 | €167,152 | €186,662 | +€19,510 | +11.7% |
| Other amounts receivable | 41 | €45,000 | €50,000 | +€5,000 | +11.1% |
| Cash at bank and in hand | 54/58 | €656,158 | €734,806 | +€78,648 | +12.0% |
| Total equity and liabilities | 10/49 | €868,310 | €971,468 | +€103,158 | +11.9% |
| Equity | 10/15 | €753,284 | €825,701 | +€72,417 | +9.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €739,709 | €812,126 | +€72,417 | +9.8% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €738,469 | €810,886 | +€72,417 | +9.8% |
| Profit (loss) carried forward | 14 | €1,175 | €1,175 | = | 0.0% |
| Amounts payable | 17/49 | €115,026 | €145,767 | +€30,741 | +26.7% |
| Amounts payable within one year | 42/48 | €115,026 | €145,767 | +€30,741 | +26.7% |
| Trade debts | 44 | €3,503 | €22,565 | +€19,062 | +544% |
| Suppliers | 440/4 | €3,503 | €22,565 | +€19,062 | +544% |
| Taxes, remuneration and social security | 45 | €108,487 | €119,971 | +€11,484 | +10.6% |
| Taxes | 450/3 | €106,237 | €119,971 | +€13,734 | +12.9% |
| Remuneration and social security | 454/9 | €2,250 | - | -€2,250 | |
| Other amounts payable | 47/48 | €3,036 | €3,231 | +€195 | +6.4% |
| Remuneration, social security and pensions | 62 | €23,230 | €19,974 | -€3,256 | -14.0% |
| Other operating charges | 640/8 | €1,751 | €1,797 | +€46 | +2.6% |
| Gross operating margin | 9900 | €237,144 | €263,044 | +€25,900 | +10.9% |
| Operating profit (loss) | 9901 | €212,163 | €241,273 | +€29,110 | +13.7% |
| Financial income | 75/76B | €10,518 | €9,508 | -€1,010 | -9.6% |
| Recurring financial income | 75 | €10,518 | €9,508 | -€1,010 | -9.6% |
| Financial charges | 65/66B | €207 | €302 | +€95 | +45.9% |
| Recurring financial charges | 65 | €126 | €111 | -€15 | -11.9% |
| Non-recurring financial charges | 66B | €81 | €191 | +€110 | +136% |
| Profit (loss) for the period before taxes | 9903 | €222,474 | €250,479 | +€28,005 | +12.6% |
| Income taxes | 67/77 | €66,844 | €77,404 | +€10,560 | +15.8% |
| Profit (loss) for the period | 9904 | €155,630 | €173,075 | +€17,445 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €155,630 | €173,075 | +€17,445 | +11.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.