PS SHOWSUPPORT: 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 SHOWSUPPORT
Largest movements
- Receivables within one year +€104,433
up €104,433 (+28.5%), from €366,811 to €471,244
of which Trade receivables: +€116,784
- Tangible fixed assets -€44,551
down €44,551 (-14.1%), from €314,864 to €270,313
of which Plant, machinery and equipment: -€44,337
- Profit (loss) carried forward -€47,316
down €47,316, from €27,110 to -€20,206
- Current portion of long-term debt +€37,579
up €37,579 (+43.1%), from €87,111 to €124,690
- Trade debts +€35,191
up €35,191 (+14.2%), from €247,422 to €282,613
- Debts after one year +€17,312
up €17,312 (+7.1%), from €242,590 to €259,901
- Other debts +€12,500
up €12,500 (+417%), from €3,000 to €15,500
- Depreciation -€162,267
down €162,267 (-46.0%), from €352,908 to €190,641
- Gross operating margin -€63,948
down €63,948 (-28.6%), from €223,820 to €159,872
- Financial charges +€9,543
up €9,543 (+145%), from €6,573 to €16,116
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 | €693,882 | €749,365 | +€55,482 | +8.0% |
| Fixed assets | 21/28 | €314,864 | €270,313 | -€44,551 | -14.1% |
| Tangible fixed assets | 22/27 | €314,864 | €270,313 | -€44,551 | -14.1% |
| Plant, machinery and equipment | 23 | €314,650 | €270,313 | -€44,337 | -14.1% |
| Furniture and vehicles | 24 | €214 | - | -€214 | |
| Current assets | 29/58 | €379,019 | €479,052 | +€100,034 | +26.4% |
| Amounts receivable within one year | 40/41 | €366,811 | €471,244 | +€104,433 | +28.5% |
| Trade receivables | 40 | €354,460 | €471,244 | +€116,784 | +32.9% |
| Other amounts receivable | 41 | €12,351 | - | -€12,351 | |
| Cash at bank and in hand | 54/58 | €11,840 | €6,992 | -€4,848 | -40.9% |
| Deferred charges and accrued income | 490/1 | €368 | €816 | +€448 | +122% |
| Total equity and liabilities | 10/49 | €693,882 | €749,365 | +€55,482 | +8.0% |
| Equity | 10/15 | €113,760 | €66,444 | -€47,316 | -41.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €36,650 | €36,650 | = | 0.0% |
| Distributable reserves | 133 | €36,650 | €36,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,110 | -€20,206 | -€47,316 | |
| Amounts payable | 17/49 | €580,122 | €682,920 | +€102,798 | +17.7% |
| Amounts payable after more than one year | 17 | €242,590 | €259,901 | +€17,312 | +7.1% |
| Financial debts | 170/4 | €242,590 | €259,901 | +€17,312 | +7.1% |
| Amounts payable within one year | 42/48 | €337,533 | €422,989 | +€85,456 | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €87,111 | €124,690 | +€37,579 | +43.1% |
| Trade debts | 44 | €247,422 | €282,613 | +€35,191 | +14.2% |
| Suppliers | 440/4 | €247,422 | €282,613 | +€35,191 | +14.2% |
| Taxes, remuneration and social security | 45 | - | €186 | +€186 | |
| Taxes | 450/3 | - | €186 | +€186 | |
| Other amounts payable | 47/48 | €3,000 | €15,500 | +€12,500 | +417% |
| Accrued charges and deferred income | 492/3 | - | €30 | +€30 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €352,908 | €190,641 | -€162,267 | -46.0% |
| Other operating charges | 640/8 | €160 | €431 | +€271 | +169% |
| Gross operating margin | 9900 | €223,820 | €159,872 | -€63,948 | -28.6% |
| Operating profit (loss) | 9901 | -€129,248 | -€31,200 | +€98,048 | +75.9% |
| Financial income | 75/76B | €92 | - | -€92 | |
| Recurring financial income | 75 | €92 | - | -€92 | |
| Financial charges | 65/66B | €6,573 | €16,116 | +€9,543 | +145% |
| Recurring financial charges | 65 | €6,573 | €16,116 | +€9,543 | +145% |
| Profit (loss) for the period before taxes | 9903 | -€135,729 | -€47,316 | +€88,414 | +65.1% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€135,729 | -€47,316 | +€88,414 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€135,729 | -€47,316 | +€88,414 | +65.1% |
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 22 October 2026 via checked.be.