PrivateLending: what changed
Two fiscal 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.
PrivateLending
Largest movements
- Cash +€71,450
up €71,450 (+241.7%), from €29,556 to €101,006
mainly Net result for the year (+€79,337) and Receivables within one year (+€8,642)
- Receivables within one year -€8,642
down €8,642 (-10.6%), from €81,474 to €72,831
of which Trade receivables: -€68,192
- Profit (loss) carried forward +€79,337
up €79,337, from -€53,281 to €26,055
- Trade debts -€16,025
down €16,025 (-16.0%), from €100,409 to €84,384
- Gross operating margin +€47,718
up €47,718 (+53.8%), from €88,693 to €136,411
- Staff costs -€4,871
down €4,871 (-8.2%), from €59,140 to €54,269
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.
Cash bridge derived
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 | €117,780 | €179,961 | +€62,181 | +52.8% |
| Fixed assets | 21/28 | €1,703 | €1,289 | -€414 | -24.3% |
| Tangible fixed assets | 22/27 | €1,703 | €1,289 | -€414 | -24.3% |
| Furniture and vehicles | 24 | €1,703 | €1,289 | -€414 | -24.3% |
| Current assets | 29/58 | €116,077 | €178,672 | +€62,595 | +53.9% |
| Amounts receivable within one year | 40/41 | €81,474 | €72,831 | -€8,642 | -10.6% |
| Trade receivables | 40 | €80,378 | €12,186 | -€68,192 | -84.8% |
| Other amounts receivable | 41 | €1,095 | €60,645 | +€59,549 | +5436.2% |
| Cash at bank and in hand | 54/58 | €29,556 | €101,006 | +€71,450 | +241.7% |
| Deferred charges and accrued income | 490/1 | €5,047 | €4,834 | -€213 | -4.2% |
| Total equity and liabilities | 10/49 | €117,780 | €179,961 | +€62,181 | +52.8% |
| Equity | 10/15 | €8,219 | €87,555 | +€79,337 | +965.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,281 | €26,055 | +€79,337 | |
| Amounts payable | 17/49 | €109,561 | €92,406 | -€17,155 | -15.7% |
| Amounts payable within one year | 42/48 | €108,151 | €92,406 | -€15,745 | -14.6% |
| Trade debts | 44 | €100,409 | €84,384 | -€16,025 | -16.0% |
| Suppliers | 440/4 | €100,409 | €84,384 | -€16,025 | -16.0% |
| Taxes, remuneration and social security | 45 | €7,742 | €8,007 | +€265 | +3.4% |
| Taxes | 450/3 | €330 | €334 | +€4 | +1.2% |
| Remuneration and social security | 454/9 | €7,412 | €7,673 | +€262 | +3.5% |
| Other amounts payable | 47/48 | - | €15 | +€15 | |
| Accrued charges and deferred income | 492/3 | €1,410 | - | -€1,410 | |
| Non-recurring operating income | 76A | - | €54 | +€54 | |
| Remuneration, social security and pensions | 62 | €59,140 | €54,269 | -€4,871 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,373 | €1,623 | +€250 | +18.2% |
| Other operating charges | 640/8 | €723 | €745 | +€22 | +3.0% |
| Gross operating margin | 9900 | €88,693 | €136,411 | +€47,718 | +53.8% |
| Operating profit (loss) | 9901 | €27,457 | €79,774 | +€52,317 | +190.5% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €310 | €262 | -€48 | -15.5% |
| Recurring financial charges | 65 | €310 | €262 | -€48 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €27,147 | €79,515 | +€52,367 | +192.9% |
| Income taxes | 67/77 | €176 | €178 | +€2 | +1.3% |
| Profit (loss) for the period | 9904 | €26,971 | €79,337 | +€52,365 | +194.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,971 | €79,337 | +€52,365 | +194.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.