ps management: 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 management
Largest movements
- Tangible fixed assets -€37,431
down €37,431 (-8.0%), from €467,398 to €429,967
of which Land and buildings: -€31,130
- Receivables within one year +€14,755
up €14,755 (+3.2%), from €461,530 to €476,285
of which Other amounts receivable: +€30,899
- Profit (loss) carried forward -€74,318
down €74,318 (-51.4%), from €144,537 to €70,219
- Other debts +€72,554
up €72,554 (+11.5%), from €628,911 to €701,465
- Trade debts -€32,843
down €32,843 (-25.3%), from €129,647 to €96,804
- Tax, wage and social debts +€11,023
up €11,023 (+167%), from €6,607 to €17,630
of which Remuneration and social security: +€12,000
- Gross operating margin -€100,836
down €100,836, from €67,193 to -€33,643
- Other operating charges -€36,613
down €36,613 (-98.7%), from €37,092 to €479
- Financial charges +€2,002
up €2,002 (+263%), from €762 to €2,765
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 | €933,346 | €906,569 | -€26,777 | -2.9% |
| Fixed assets | 21/28 | €467,398 | €429,967 | -€37,431 | -8.0% |
| Tangible fixed assets | 22/27 | €467,398 | €429,967 | -€37,431 | -8.0% |
| Land and buildings | 22 | €442,168 | €411,038 | -€31,130 | -7.0% |
| Plant, machinery and equipment | 23 | €21,785 | €18,929 | -€2,856 | -13.1% |
| Furniture and vehicles | 24 | €3,445 | - | -€3,445 | |
| Current assets | 29/58 | €465,948 | €476,602 | +€10,654 | +2.3% |
| Amounts receivable within one year | 40/41 | €461,530 | €476,285 | +€14,755 | +3.2% |
| Trade receivables | 40 | €192,052 | €175,908 | -€16,144 | -8.4% |
| Other amounts receivable | 41 | €269,478 | €300,377 | +€30,899 | +11.5% |
| Cash at bank and in hand | 54/58 | €4,418 | €317 | -€4,101 | -92.8% |
| Total equity and liabilities | 10/49 | €933,346 | €906,569 | -€26,777 | -2.9% |
| Equity | 10/15 | €164,988 | €90,670 | -€74,318 | -45.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,537 | €70,219 | -€74,318 | -51.4% |
| Amounts payable | 17/49 | €768,358 | €815,899 | +€47,541 | +6.2% |
| Amounts payable after more than one year | 17 | €3,193 | - | -€3,193 | |
| Financial debts | 170/4 | €3,193 | - | -€3,193 | |
| Amounts payable within one year | 42/48 | €765,165 | €815,899 | +€50,734 | +6.6% |
| Trade debts | 44 | €129,647 | €96,804 | -€32,843 | -25.3% |
| Suppliers | 440/4 | €129,647 | €96,804 | -€32,843 | -25.3% |
| Taxes, remuneration and social security | 45 | €6,607 | €17,630 | +€11,023 | +167% |
| Taxes | 450/3 | €6,607 | €5,630 | -€977 | -14.8% |
| Remuneration and social security | 454/9 | - | €12,000 | +€12,000 | |
| Other amounts payable | 47/48 | €628,911 | €701,465 | +€72,554 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,929 | €37,431 | -€498 | -1.3% |
| Other operating charges | 640/8 | €37,092 | €479 | -€36,613 | -98.7% |
| Gross operating margin | 9900 | €67,193 | -€33,643 | -€100,836 | |
| Operating profit (loss) | 9901 | -€7,828 | -€71,553 | -€63,726 | -814% |
| Financial charges | 65/66B | €762 | €2,765 | +€2,002 | +263% |
| Recurring financial charges | 65 | €762 | €2,765 | +€2,002 | +263% |
| Profit (loss) for the period before taxes | 9903 | -€8,590 | -€74,318 | -€65,728 | -765% |
| Profit (loss) for the period | 9904 | -€8,590 | -€74,318 | -€65,728 | -765% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,590 | -€74,318 | -€65,728 | -765% |
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 30 October 2026 via checked.be.