PeopleFocus: 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.
PeopleFocus
Largest movements
- Cash -€28,200
down €28,200 (-19.4%), from €145,296 to €117,096
mainly Other debts (-€82,445) and Tax, wage and social debts (-€14,653)
- Tangible fixed assets -€25,261
down €25,261 (-26.6%), from €94,881 to €69,620
of which Furniture and vehicles: -€22,292
- Receivables within one year -€10,906
down €10,906 (-13.7%), from €79,876 to €68,970
of which Trade receivables: -€12,458
- Other debts -€82,445
down €82,445 (-42.1%), from €195,914 to €113,469
- Reserves +€45,344
up €45,344 (+74.6%), from €60,744 to €106,088
of which Distributable reserves: +€45,344
- Tax, wage and social debts -€14,653
down €14,653 (-54.0%), from €27,140 to €12,487
- Advances received -€14,611
down €14,611 (-100%), from €14,611 to €0
- Depreciation +€16,958
up €16,958 (+136%), from €12,428 to €29,386
- Gross operating margin +€7,231
up €7,231 (+8.3%), from €86,859 to €94,090
- Taxes -€1,297
down €1,297 (-6.6%), from €19,756 to €18,459
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 | €325,575 | €257,607 | -€67,968 | -20.9% |
| Fixed assets | 21/28 | €97,164 | €70,027 | -€27,137 | -27.9% |
| Intangible fixed assets | 21 | €483 | €406 | -€77 | -15.8% |
| Tangible fixed assets | 22/27 | €94,881 | €69,620 | -€25,261 | -26.6% |
| Plant, machinery and equipment | 23 | €163 | €0 | -€163 | -100% |
| Furniture and vehicles | 24 | €74,523 | €52,232 | -€22,292 | -29.9% |
| Other tangible fixed assets | 26 | €20,195 | €17,389 | -€2,806 | -13.9% |
| Financial fixed assets | 28 | €1,800 | €0 | -€1,800 | -100% |
| Current assets | 29/58 | €228,411 | €187,580 | -€40,830 | -17.9% |
| Amounts receivable within one year | 40/41 | €79,876 | €68,970 | -€10,906 | -13.7% |
| Trade receivables | 40 | €79,876 | €67,417 | -€12,458 | -15.6% |
| Other amounts receivable | 41 | €0 | €1,553 | +€1,553 | |
| Cash at bank and in hand | 54/58 | €145,296 | €117,096 | -€28,200 | -19.4% |
| Deferred charges and accrued income | 490/1 | €3,239 | €1,514 | -€1,725 | -53.3% |
| Total equity and liabilities | 10/49 | €325,575 | €257,607 | -€67,968 | -20.9% |
| Equity | 10/15 | €80,744 | €126,088 | +€45,344 | +56.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €60,744 | €106,088 | +€45,344 | +74.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €60,744 | €106,088 | +€45,344 | +74.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €244,831 | €131,519 | -€113,311 | -46.3% |
| Amounts payable within one year | 42/48 | €244,831 | €131,141 | -€113,689 | -46.4% |
| Trade debts | 44 | €7,165 | €5,185 | -€1,981 | -27.6% |
| Suppliers | 440/4 | €7,165 | €5,185 | -€1,981 | -27.6% |
| Advances received on contracts in progress | 46 | €14,611 | €0 | -€14,611 | -100% |
| Taxes, remuneration and social security | 45 | €27,140 | €12,487 | -€14,653 | -54.0% |
| Taxes | 450/3 | €27,140 | €12,487 | -€14,653 | -54.0% |
| Other amounts payable | 47/48 | €195,914 | €113,469 | -€82,445 | -42.1% |
| Accrued charges and deferred income | 492/3 | - | €378 | +€378 | |
| Non-recurring operating income | 76A | €0 | €7,002 | +€7,002 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,428 | €29,386 | +€16,958 | +136% |
| Other operating charges | 640/8 | €968 | €793 | -€175 | -18.1% |
| Gross operating margin | 9900 | €86,859 | €94,090 | +€7,231 | +8.3% |
| Operating profit (loss) | 9901 | €73,462 | €63,911 | -€9,551 | -13.0% |
| Financial income | 75/76B | €16 | €6 | -€11 | -65.8% |
| Recurring financial income | 75 | €16 | €6 | -€11 | -65.8% |
| Financial charges | 65/66B | €131 | €114 | -€17 | -12.8% |
| Recurring financial charges | 65 | €131 | €114 | -€17 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €73,348 | €63,803 | -€9,545 | -13.0% |
| Income taxes | 67/77 | €19,756 | €18,459 | -€1,297 | -6.6% |
| Profit (loss) for the period | 9904 | €53,592 | €45,344 | -€8,248 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,592 | €45,344 | -€8,248 | -15.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.