Personal Systems Advisors: 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.
Personal Systems Advisors
Largest movements
- Tangible fixed assets -€6,089
down €6,089 (-59.4%), from €10,243 to €4,154
of which Furniture and vehicles: -€5,709
- Cash +€766
up €766 (+40.0%), from €1,916 to €2,682
mainly Depreciation (+€6,089) and Trade debts (+€2,014)
- Receivables within one year +€696
new in 2025: €696
- Other debts -€6,313
down €6,313 (-15.4%), from €41,076 to €34,763
- Trade debts +€2,014
up €2,014 (+50.4%), from €3,993 to €6,007
- Profit (loss) carried forward -€1,587
down €1,587 (-2.9%), from -€55,141 to -€56,729
- Tax, wage and social debts +€1,259
up €1,259 (+70.6%), from €1,784 to €3,043
- Gross operating margin +€6,514
up €6,514 (+89,233%), from €7 to €6,521
- Other operating charges -€4,158
down €4,158 (-77.7%), from €5,350 to €1,192
- Financial charges -€1,531
down €1,531 (-80.2%), from €1,910 to €379
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 | €12,159 | €7,532 | -€4,627 | -38.1% |
| Fixed assets | 21/28 | €10,243 | €4,154 | -€6,089 | -59.4% |
| Tangible fixed assets | 22/27 | €10,243 | €4,154 | -€6,089 | -59.4% |
| Plant, machinery and equipment | 23 | €728 | €348 | -€380 | -52.2% |
| Furniture and vehicles | 24 | €9,514 | €3,806 | -€5,709 | -60.0% |
| Current assets | 29/58 | €1,916 | €3,378 | +€1,461 | +76.3% |
| Amounts receivable within one year | 40/41 | - | €696 | +€696 | |
| Trade receivables | 40 | - | €696 | +€696 | |
| Cash at bank and in hand | 54/58 | €1,916 | €2,682 | +€766 | +40.0% |
| Total equity and liabilities | 10/49 | €12,159 | €7,532 | -€4,627 | -38.1% |
| Equity | 10/15 | -€34,694 | -€36,282 | -€1,587 | -4.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,141 | -€56,729 | -€1,587 | -2.9% |
| Amounts payable | 17/49 | €46,853 | €43,813 | -€3,040 | -6.5% |
| Amounts payable within one year | 42/48 | €46,853 | €43,813 | -€3,040 | -6.5% |
| Trade debts | 44 | €3,993 | €6,007 | +€2,014 | +50.4% |
| Suppliers | 440/4 | €3,993 | €6,007 | +€2,014 | +50.4% |
| Taxes, remuneration and social security | 45 | €1,784 | €3,043 | +€1,259 | +70.6% |
| Taxes | 450/3 | €1,784 | €3,043 | +€1,259 | +70.6% |
| Other amounts payable | 47/48 | €41,076 | €34,763 | -€6,313 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,089 | €6,089 | = | 0.0% |
| Other operating charges | 640/8 | €5,350 | €1,192 | -€4,158 | -77.7% |
| Gross operating margin | 9900 | €7 | €6,521 | +€6,514 | +89,233% |
| Operating profit (loss) | 9901 | -€11,431 | -€759 | +€10,672 | +93.4% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €1,910 | €379 | -€1,531 | -80.2% |
| Recurring financial charges | 65 | €1,910 | €379 | -€1,531 | -80.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,332 | -€1,138 | +€12,194 | +91.5% |
| Income taxes | 67/77 | €433 | €449 | +€16 | +3.8% |
| Profit (loss) for the period | 9904 | -€13,765 | -€1,587 | +€12,178 | +88.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,765 | -€1,587 | +€12,178 | +88.5% |
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 20 October 2026 via checked.be.