People United: 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 United
Largest movements
- Receivables within one year +€8,302
up €8,302 (+48.9%), from €16,989 to €25,291
of which Trade receivables: +€6,051
- Cash -€6,206
down €6,206 (-63.2%), from €9,821 to €3,615
mainly Receivables within one year (-€8,302) and Investment in fixed assets (net) (-€3,026)
- Tangible fixed assets +€2,802
up €2,802, from €0 to €2,802
- Deferred charges and accrued income -€1,918
down €1,918 (-100%), from €1,918 to €0
- Tax, wage and social debts +€4,080
up €4,080 (+95.3%), from €4,280 to €8,360
of which Taxes: +€4,080
- Profit (loss) carried forward -€2,878
down €2,878 (-74.5%), from €3,863 to €985
- Trade debts +€1,967
up €1,967 (+137%), from €1,431 to €3,398
- Gross operating margin -€10,360
down €10,360 (-18.9%), from €54,690 to €44,330
- Staff costs -€2,868
down €2,868 (-5.8%), from €49,275 to €46,407
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 | €35,453 | €38,721 | +€3,268 | +9.2% |
| Fixed assets | 21/28 | €1,557 | €4,359 | +€2,802 | +180% |
| Tangible fixed assets | 22/27 | €0 | €2,802 | +€2,802 | |
| Furniture and vehicles | 24 | €0 | €2,802 | +€2,802 | |
| Financial fixed assets | 28 | €1,557 | €1,557 | = | 0.0% |
| Current assets | 29/58 | €33,896 | €34,363 | +€466 | +1.4% |
| Amounts receivable after more than one year | 29 | €5,169 | €5,457 | +€288 | +5.6% |
| Trade receivables | 290 | €5,169 | €5,457 | +€288 | +5.6% |
| Amounts receivable within one year | 40/41 | €16,989 | €25,291 | +€8,302 | +48.9% |
| Trade receivables | 40 | €16,988 | €23,039 | +€6,051 | +35.6% |
| Other amounts receivable | 41 | €1 | €2,252 | +€2,251 | +304,173% |
| Cash at bank and in hand | 54/58 | €9,821 | €3,615 | -€6,206 | -63.2% |
| Deferred charges and accrued income | 490/1 | €1,918 | €0 | -€1,918 | -100% |
| Total equity and liabilities | 10/49 | €35,453 | €38,721 | +€3,268 | +9.2% |
| Equity | 10/15 | €29,664 | €26,787 | -€2,878 | -9.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €13,402 | €13,402 | = | 0.0% |
| Distributable reserves | 133 | €13,402 | €13,402 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,863 | €985 | -€2,878 | -74.5% |
| Amounts payable | 17/49 | €5,789 | €11,934 | +€6,146 | +106% |
| Amounts payable within one year | 42/48 | €5,711 | €11,934 | +€6,223 | +109% |
| Trade debts | 44 | €1,431 | €3,398 | +€1,967 | +137% |
| Suppliers | 440/4 | €1,431 | €3,398 | +€1,967 | +137% |
| Taxes, remuneration and social security | 45 | €4,280 | €8,360 | +€4,080 | +95.3% |
| Taxes | 450/3 | €4,280 | €8,360 | +€4,080 | +95.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €176 | +€176 | |
| Accrued charges and deferred income | 492/3 | €77 | €0 | -€77 | -100% |
| Remuneration, social security and pensions | 62 | €49,275 | €46,407 | -€2,868 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137 | €224 | +€88 | +64.0% |
| Other operating charges | 640/8 | €688 | €351 | -€337 | -49.0% |
| Gross operating margin | 9900 | €54,690 | €44,330 | -€10,360 | -18.9% |
| Operating profit (loss) | 9901 | €4,590 | -€2,652 | -€7,243 | |
| Financial income | 75/76B | €304 | €713 | +€408 | +134% |
| Recurring financial income | 75 | €304 | €713 | +€408 | +134% |
| Financial charges | 65/66B | €1,032 | €938 | -€94 | -9.1% |
| Recurring financial charges | 65 | €1,032 | €938 | -€94 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €3,863 | -€2,878 | -€6,740 | |
| Profit (loss) for the period | 9904 | €3,863 | -€2,878 | -€6,740 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,863 | -€2,878 | -€6,740 |
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 29 October 2026 via checked.be.