PEOPLE PARTNER: 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.
PEOPLE PARTNER
Largest movements
- Receivables within one year +€22,408
up €22,408 (+91.1%), from €24,610 to €47,018
of which Trade receivables: +€26,622
- Cash +€15,967
up €15,967 (+7.9%), from €201,927 to €217,894
mainly Net result for the year (+€97,225) and Tax, wage and social debts (+€11,928)
- Reserves +€91,783
up €91,783 (+40.3%), from €227,584 to €319,366
of which Distributable reserves: +€91,783
- Other debts -€31,750
down €31,750 (-65.0%), from €48,871 to €17,121
- Trade debts -€30,833
down €30,833 (-76.0%), from €40,569 to €9,735
- Tax, wage and social debts +€11,928
up €11,928 (+105%), from €11,392 to €23,320
- Gross operating margin -€8,365
down €8,365 (-5.9%), from €141,669 to €133,304
- Depreciation -€2,547
no longer reported in 2025 (was €2,547)
- Taxes -€1,872
down €1,872 (-4.7%), from €40,259 to €38,387
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 | €438,562 | €476,218 | +€37,656 | +8.6% |
| Fixed assets | 21/28 | €3,138 | €3,138 | = | 0.0% |
| Financial fixed assets | 28 | €3,138 | €3,138 | = | 0.0% |
| Current assets | 29/58 | €435,424 | €473,080 | +€37,656 | +8.6% |
| Amounts receivable after more than one year | 29 | €205,000 | €205,000 | = | 0.0% |
| Other amounts receivable | 291 | €205,000 | €205,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,610 | €47,018 | +€22,408 | +91.1% |
| Trade receivables | 40 | €20,396 | €47,018 | +€26,622 | +131% |
| Other amounts receivable | 41 | €4,214 | - | -€4,214 | |
| Cash at bank and in hand | 54/58 | €201,927 | €217,894 | +€15,967 | +7.9% |
| Deferred charges and accrued income | 490/1 | €3,888 | €3,168 | -€720 | -18.5% |
| Total equity and liabilities | 10/49 | €438,562 | €476,218 | +€37,656 | +8.6% |
| Equity | 10/15 | €302,996 | €393,255 | +€90,259 | +29.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €227,584 | €319,366 | +€91,783 | +40.3% |
| Tax-exempt reserves | 132 | €194 | €194 | = | 0.0% |
| Distributable reserves | 133 | €227,390 | €319,172 | +€91,783 | +40.4% |
| Profit (loss) carried forward | 14 | €56,812 | €55,288 | -€1,524 | -2.7% |
| Amounts payable | 17/49 | €135,566 | €82,963 | -€52,603 | -38.8% |
| Amounts payable within one year | 42/48 | €100,831 | €50,176 | -€50,655 | -50.2% |
| Trade debts | 44 | €40,569 | €9,735 | -€30,833 | -76.0% |
| Suppliers | 440/4 | €40,569 | €9,735 | -€30,833 | -76.0% |
| Taxes, remuneration and social security | 45 | €11,392 | €23,320 | +€11,928 | +105% |
| Taxes | 450/3 | €11,392 | €23,320 | +€11,928 | +105% |
| Other amounts payable | 47/48 | €48,871 | €17,121 | -€31,750 | -65.0% |
| Accrued charges and deferred income | 492/3 | €34,734 | €32,786 | -€1,948 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,547 | - | -€2,547 | |
| Other operating charges | 640/8 | €1,779 | €1,825 | +€46 | +2.6% |
| Gross operating margin | 9900 | €141,669 | €133,304 | -€8,365 | -5.9% |
| Operating profit (loss) | 9901 | €137,344 | €131,479 | -€5,865 | -4.3% |
| Financial income | 75/76B | €5,784 | €5,795 | +€10 | +0.2% |
| Recurring financial income | 75 | €5,784 | €5,795 | +€10 | +0.2% |
| Financial charges | 65/66B | €2,671 | €1,662 | -€1,009 | -37.8% |
| Recurring financial charges | 65 | €2,671 | €1,662 | -€1,009 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €140,457 | €135,611 | -€4,846 | -3.4% |
| Income taxes | 67/77 | €40,259 | €38,387 | -€1,872 | -4.7% |
| Profit (loss) for the period | 9904 | €100,198 | €97,225 | -€2,973 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €100,198 | €97,225 | -€2,973 | -3.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.