PS Advisory: 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.
PS Advisory
Largest movements
- Current investments +€80,000
new in 2025: €80,000
- Cash +€12,357
up €12,357 (+29.4%), from €41,961 to €54,318
mainly Net result for the year (+€80,112) and Tax, wage and social debts (+€9,195)
- Receivables within one year -€3,504
down €3,504 (-15.8%), from €22,195 to €18,691
- Profit (loss) carried forward +€79,279
up €79,279 (+157%), from €50,541 to €129,820
- Tax, wage and social debts +€9,195
up €9,195 (+86.3%), from €10,658 to €19,853
of which Taxes: +€7,395
- Gross operating margin +€37,310
up €37,310 (+56.2%), from €66,334 to €103,643
- Taxes +€7,749
up €7,749 (+58.8%), from €13,174 to €20,923
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 | €64,156 | €153,158 | +€89,001 | +139% |
| Current assets | 29/58 | €64,156 | €153,158 | +€89,001 | +139% |
| Amounts receivable within one year | 40/41 | €22,195 | €18,691 | -€3,504 | -15.8% |
| Trade receivables | 40 | €22,195 | €18,691 | -€3,504 | -15.8% |
| Current investments | 50/53 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €41,961 | €54,318 | +€12,357 | +29.4% |
| Deferred charges and accrued income | 490/1 | - | €148 | +€148 | |
| Total equity and liabilities | 10/49 | €64,156 | €153,158 | +€89,001 | +139% |
| Equity | 10/15 | €51,041 | €130,320 | +€79,279 | +155% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,541 | €129,820 | +€79,279 | +157% |
| Amounts payable | 17/49 | €13,115 | €22,837 | +€9,722 | +74.1% |
| Amounts payable within one year | 42/48 | €13,115 | €22,837 | +€9,722 | +74.1% |
| Taxes, remuneration and social security | 45 | €10,658 | €19,853 | +€9,195 | +86.3% |
| Taxes | 450/3 | €10,658 | €18,053 | +€7,395 | +69.4% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €2,457 | €2,985 | +€527 | +21.5% |
| Other operating charges | 640/8 | €50 | €755 | +€705 | +1,410% |
| Gross operating margin | 9900 | €66,334 | €103,643 | +€37,310 | +56.2% |
| Operating profit (loss) | 9901 | €66,284 | €102,889 | +€36,605 | +55.2% |
| Financial income | 75/76B | - | €273 | +€273 | |
| Recurring financial income | 75 | - | €273 | +€273 | |
| Financial charges | 65/66B | €1,709 | €2,126 | +€416 | +24.4% |
| Recurring financial charges | 65 | €1,709 | €2,126 | +€416 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €64,574 | €101,035 | +€36,461 | +56.5% |
| Income taxes | 67/77 | €13,174 | €20,923 | +€7,749 | +58.8% |
| Profit (loss) for the period | 9904 | €51,400 | €80,112 | +€28,712 | +55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €51,400 | €80,112 | +€28,712 | +55.9% |
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 25 October 2026 via checked.be.