PS KHAN: 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.
PS KHAN
Largest movements
- Intangible fixed assets -€9,032
down €9,032 (-34.9%), from €25,866 to €16,834
- Cash +€3,707
up €3,707 (+36.4%), from €10,180 to €13,887
mainly Depreciation (+€11,199) and Tax, wage and social debts (+€8,708)
- Tangible fixed assets -€2,166
down €2,166 (-41.8%), from €5,180 to €3,014
- Receivables within one year +€1,858
up €1,858 (+19.1%), from €9,740 to €11,598
- Debts after one year -€9,064
down €9,064 (-51.0%), from €17,786 to €8,722
- Tax, wage and social debts +€8,708
up €8,708 (+69.5%), from €12,524 to €21,232
of which Taxes: +€6,093
- Other debts -€4,391
down €4,391 (-46.9%), from €9,352 to €4,961
- Trade debts -€1,234
down €1,234 (-53.3%), from €2,313 to €1,079
- Gross operating margin +€16,921
up €16,921 (+57.9%), from €29,244 to €46,165
- Depreciation +€8,645
up €8,645 (+338.5%), from €2,554 to €11,199
- Staff costs +€5,937
up €5,937 (+33.2%), from €17,869 to €23,806
- Taxes +€2,800
up €2,800 (+316.2%), from €885 to €3,686
- Financial charges +€900
up €900 (+136.1%), from €661 to €1,561
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 | €52,590 | €47,059 | -€5,532 | -10.5% |
| Fixed assets | 21/28 | €31,046 | €19,847 | -€11,199 | -36.1% |
| Intangible fixed assets | 21 | €25,866 | €16,834 | -€9,032 | -34.9% |
| Tangible fixed assets | 22/27 | €5,180 | €3,014 | -€2,166 | -41.8% |
| Furniture and vehicles | 24 | €5,180 | €3,014 | -€2,166 | -41.8% |
| Current assets | 29/58 | €21,544 | €27,211 | +€5,667 | +26.3% |
| Amounts receivable within one year | 40/41 | €9,740 | €11,598 | +€1,858 | +19.1% |
| Trade receivables | 40 | €9,740 | €11,598 | +€1,858 | +19.1% |
| Cash at bank and in hand | 54/58 | €10,180 | €13,887 | +€3,707 | +36.4% |
| Deferred charges and accrued income | 490/1 | €1,624 | €1,727 | +€102 | +6.3% |
| Total equity and liabilities | 10/49 | €52,590 | €47,059 | -€5,532 | -10.5% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €50,590 | €45,059 | -€5,532 | -10.9% |
| Amounts payable after more than one year | 17 | €17,786 | €8,722 | -€9,064 | -51.0% |
| Financial debts | 170/4 | €17,786 | €8,722 | -€9,064 | -51.0% |
| Amounts payable within one year | 42/48 | €32,804 | €36,337 | +€3,532 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €8,616 | €9,064 | +€448 | +5.2% |
| Trade debts | 44 | €2,313 | €1,079 | -€1,234 | -53.3% |
| Suppliers | 440/4 | €2,313 | €1,079 | -€1,234 | -53.3% |
| Taxes, remuneration and social security | 45 | €12,524 | €21,232 | +€8,708 | +69.5% |
| Taxes | 450/3 | €4,567 | €10,660 | +€6,093 | +133.4% |
| Remuneration and social security | 454/9 | €7,957 | €10,572 | +€2,615 | +32.9% |
| Other amounts payable | 47/48 | €9,352 | €4,961 | -€4,391 | -46.9% |
| Remuneration, social security and pensions | 62 | €17,869 | €23,806 | +€5,937 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,554 | €11,199 | +€8,645 | +338.5% |
| Other operating charges | 640/8 | €1,563 | €775 | -€787 | -50.4% |
| Gross operating margin | 9900 | €29,244 | €46,165 | +€16,921 | +57.9% |
| Operating profit (loss) | 9901 | €7,259 | €10,384 | +€3,126 | +43.1% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €661 | €1,561 | +€900 | +136.1% |
| Recurring financial charges | 65 | €661 | €1,561 | +€900 | +136.1% |
| Profit (loss) for the period before taxes | 9903 | €6,597 | €8,825 | +€2,228 | +33.8% |
| Income taxes | 67/77 | €885 | €3,686 | +€2,800 | +316.2% |
| Profit (loss) for the period | 9904 | €5,712 | €5,140 | -€572 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,712 | €5,140 | -€572 | -10.0% |
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 4 October 2026 via checked.be.