PROGRAM MANAGEMENT SOLUTIONS SPRL: 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.
PROGRAM MANAGEMENT SOLUTIONS SPRL
Largest movements
- Cash +€69,379
up €69,379 (+600%), from €11,561 to €80,940
mainly Net result for the year (+€57,262) and Trade debts (+€39,667)
- Receivables within one year +€62,953
up €62,953 (+453%), from €13,895 to €76,848
of which Trade receivables: +€40,234
- Receivables after one year -€31,750
down €31,750 (-12.0%), from €265,250 to €233,500
- Profit (loss) carried forward +€57,262
up €57,262 (+36.2%), from -€158,380 to -€101,118
- Trade debts +€39,667
up €39,667 (+1,470%), from €2,699 to €42,365
- Gross operating margin +€116,725
up €116,725, from -€65,162 to €51,562
- Financial income -€1,191
down €1,191 (-13.6%), from €8,769 to €7,578
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 | €290,945 | €391,521 | +€100,576 | +34.6% |
| Current assets | 29/58 | €290,945 | €391,521 | +€100,576 | +34.6% |
| Amounts receivable after more than one year | 29 | €265,250 | €233,500 | -€31,750 | -12.0% |
| Other amounts receivable | 291 | €265,250 | €233,500 | -€31,750 | -12.0% |
| Amounts receivable within one year | 40/41 | €13,895 | €76,848 | +€62,953 | +453% |
| Trade receivables | 40 | €0 | €40,234 | +€40,234 | |
| Other amounts receivable | 41 | €13,895 | €36,614 | +€22,719 | +163% |
| Cash at bank and in hand | 54/58 | €11,561 | €80,940 | +€69,379 | +600% |
| Deferred charges and accrued income | 490/1 | €238 | €232 | -€6 | -2.5% |
| Total equity and liabilities | 10/49 | €290,945 | €391,521 | +€100,576 | +34.6% |
| Equity | 10/15 | €199,712 | €256,974 | +€57,262 | +28.7% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €320,892 | €320,892 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Other | 1319 | €3,720 | €3,720 | = | 0.0% |
| Distributable reserves | 133 | €317,172 | €317,172 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€158,380 | -€101,118 | +€57,262 | +36.2% |
| Provisions and deferred taxes | 16 | €84,275 | €84,275 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €84,275 | €84,275 | = | 0.0% |
| Pensions and similar obligations | 160 | €84,275 | €84,275 | = | 0.0% |
| Amounts payable | 17/49 | €6,957 | €50,272 | +€43,314 | +623% |
| Amounts payable within one year | 42/48 | €6,570 | €49,872 | +€43,302 | +659% |
| Trade debts | 44 | €2,699 | €42,365 | +€39,667 | +1,470% |
| Suppliers | 440/4 | €2,699 | €42,365 | +€39,667 | +1,470% |
| Taxes, remuneration and social security | 45 | €2,457 | €4,614 | +€2,157 | +87.8% |
| Taxes | 450/3 | €292 | €194 | -€98 | -33.5% |
| Remuneration and social security | 454/9 | €2,165 | €4,420 | +€2,254 | +104% |
| Other amounts payable | 47/48 | €1,414 | €2,893 | +€1,479 | +105% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€65,162 | €51,562 | +€116,725 | |
| Operating profit (loss) | 9901 | -€65,550 | €51,163 | +€116,712 | |
| Financial income | 75/76B | €8,769 | €7,578 | -€1,191 | -13.6% |
| Recurring financial income | 75 | €8,769 | €7,578 | -€1,191 | -13.6% |
| Financial charges | 65/66B | €826 | €1,284 | +€459 | +55.6% |
| Recurring financial charges | 65 | €826 | €1,284 | +€459 | +55.6% |
| Profit (loss) for the period before taxes | 9903 | -€57,606 | €57,456 | +€115,063 | |
| Income taxes | 67/77 | €292 | €194 | -€98 | -33.5% |
| Profit (loss) for the period | 9904 | -€57,898 | €57,262 | +€115,160 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,898 | €57,262 | +€115,160 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.