PS SURVEY HOLDING: what changed
What changed
PS SURVEY HOLDING
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€632,352
2024 · €519,355+€112,997
Equity
€2.0m
2024 · €2.0m-€53,865
Cash
€184,787
2024 · €240,845-€56,058
Balance sheet total
€4.0m
2024 · €3.6m+€420,413
Largest movements
Assets
- Tangible fixed assets +€238,649
up €238,649 (+14.8%), from €1.6m to €1.9m
of which Land and buildings: +€247,270
- Receivables within one year +€205,548
up €205,548 (+46.5%), from €441,574 to €647,122
of which Trade receivables: +€159,204
- Cash -€56,058
down €56,058 (-23.3%), from €240,845 to €184,787
mainly Contributions, distributions and other (-€686,216) and Investment in fixed assets (net) (-€332,418)
Equity and liabilities
- Other debts +€522,314
up €522,314 (+119%), from €439,278 to €961,592
- Debts after one year -€79,508
down €79,508 (-8.6%), from €928,973 to €849,465
- Reserves -€53,865
down €53,865 (-2.7%), from €2.0m to €2.0m
Income statement
- Gross operating margin +€136,121
up €136,121 (+21.9%), from €620,603 to €756,724
- Taxes +€46,062
up €46,062 (+27.6%), from €167,060 to €213,122
- Depreciation +€22,286
up €22,286 (+31.2%), from €71,483 to €93,769
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€519,355
Gross operating margin
+€136,121
Depreciation
-€22,286
Other operating charges
+€84
Other operating items
+€40,590
Financial income
+€5,505
Financial charges
-€955
Taxes
-€46,062
Result 2025
€632,352
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.1m
Investment
-€362,870
Financing
-€765,076
Cash 2024
€240,845
From operations (derived)
+€1.1m
Net result for the year
+€632,352
Depreciation
+€93,769
Receivables within one year
-€205,548
Deferred charges and accrued income
-€1,822
Smaller working-capital items
-€137
Tax, wage and social debts
+€30,961
Other debts
+€522,314
Investment (derived)
-€362,870
Investment in fixed assets (net)
-€332,418
Current investments
-€30,452
Financing
-€765,076
Debts after one year
-€79,508
Current portion of long-term debt
+€649
Contributions, distributions and other
-€686,216
Cash 2025
€184,787
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,620,982 | €4,041,394 | +€420,413 | +11.6% |
| Fixed assets | 21/28 | €2,651,040 | €2,889,689 | +€238,649 | +9.0% |
| Tangible fixed assets | 22/27 | €1,617,220 | €1,855,869 | +€238,649 | +14.8% |
| Land and buildings | 22 | €1,460,708 | €1,707,978 | +€247,270 | +16.9% |
| Plant, machinery and equipment | 23 | €23,628 | €36,300 | +€12,672 | +53.6% |
| Furniture and vehicles | 24 | €132,884 | €111,591 | -€21,293 | -16.0% |
| Financial fixed assets | 28 | €1,033,820 | €1,033,820 | = | 0.0% |
| Current assets | 29/58 | €969,942 | €1,151,706 | +€181,764 | +18.7% |
| Amounts receivable within one year | 40/41 | €441,574 | €647,122 | +€205,548 | +46.5% |
| Trade receivables | 40 | €441,574 | €600,778 | +€159,204 | +36.1% |
| Other amounts receivable | 41 | - | €46,344 | +€46,344 | |
| Current investments | 50/53 | €277,449 | €307,901 | +€30,452 | +11.0% |
| Cash at bank and in hand | 54/58 | €240,845 | €184,787 | -€56,058 | -23.3% |
| Deferred charges and accrued income | 490/1 | €10,074 | €11,896 | +€1,822 | +18.1% |
| Total equity and liabilities | 10/49 | €3,620,982 | €4,041,394 | +€420,413 | +11.6% |
| Equity | 10/15 | €2,034,690 | €1,980,825 | -€53,865 | -2.6% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €2,010,690 | €1,956,825 | -€53,865 | -2.7% |
| Distributable reserves | 133 | €2,010,690 | €1,956,825 | -€53,865 | -2.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,586,292 | €2,060,570 | +€474,278 | +29.9% |
| Amounts payable after more than one year | 17 | €928,973 | €849,465 | -€79,508 | -8.6% |
| Financial debts | 170/4 | €928,973 | €849,465 | -€79,508 | -8.6% |
| Amounts payable within one year | 42/48 | €656,119 | €1,208,530 | +€552,411 | +84.2% |
| Current portion of amounts payable after more than one year | 42 | €78,860 | €79,508 | +€649 | +0.8% |
| Trade debts | 44 | €12,945 | €11,432 | -€1,512 | -11.7% |
| Suppliers | 440/4 | €12,945 | €11,432 | -€1,512 | -11.7% |
| Taxes, remuneration and social security | 45 | €125,037 | €155,998 | +€30,961 | +24.8% |
| Taxes | 450/3 | €125,037 | €155,998 | +€30,961 | +24.8% |
| Other amounts payable | 47/48 | €439,278 | €961,592 | +€522,314 | +119% |
| Accrued charges and deferred income | 492/3 | €1,200 | €2,575 | +€1,375 | +115% |
| Non-recurring operating income | 76A | €14,550 | €0 | -€14,550 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,483 | €93,769 | +€22,286 | +31.2% |
| Other operating charges | 640/8 | €2,049 | €1,965 | -€84 | -4.1% |
| Non-recurring operating charges | 66A | €40,590 | €0 | -€40,590 | -100% |
| Gross operating margin | 9900 | €620,603 | €756,724 | +€136,121 | +21.9% |
| Operating profit (loss) | 9901 | €506,481 | €660,989 | +€154,509 | +30.5% |
| Financial income | 75/76B | €211,967 | €217,472 | +€5,505 | +2.6% |
| Recurring financial income | 75 | €211,967 | €217,472 | +€5,505 | +2.6% |
| Financial charges | 65/66B | €32,033 | €32,988 | +€955 | +3.0% |
| Recurring financial charges | 65 | €32,033 | €32,988 | +€955 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €686,415 | €845,474 | +€159,059 | +23.2% |
| Income taxes | 67/77 | €167,060 | €213,122 | +€46,062 | +27.6% |
| Profit (loss) for the period | 9904 | €519,355 | €632,352 | +€112,997 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €519,355 | €632,352 | +€112,997 | +21.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.