PSA CONSULTING: 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.
PSA CONSULTING
Largest movements
- Receivables within one year +€26,076
up €26,076 (+177.0%), from €14,735 to €40,811
of which Other amounts receivable: +€26,076
- Cash -€11,295
down €11,295 (-40.8%), from €27,683 to €16,388
- Tangible fixed assets -€8,117
down €8,117 (-21.1%), from €38,380 to €30,263
of which Other tangible fixed assets: -€8,117
- Other debts +€64,625
up €64,625 (+129.1%), from €50,065 to €114,689
- Profit (loss) carried forward -€48,722
down €48,722 (-381.5%), from -€12,771 to -€61,493
- Tax, wage and social debts -€19,370
down €19,370 (-92.1%), from €21,034 to €1,664
- Trade debts +€10,778
up €10,778 (+1021.1%), from €1,056 to €11,833
- Financial charges +€46,065
up €46,065 (+104.3%), from €44,164 to €90,229
- Gross operating margin -€24,141
down €24,141 (-34.7%), from €69,475 to €45,334
- Other operating charges -€9,645
down €9,645 (-99.3%), from €9,713 to €68
- Depreciation +€1,852
up €1,852 (+83.9%), from €2,207 to €4,059
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,798 | €87,462 | +€6,664 | +8.2% |
| Fixed assets | 21/28 | €38,380 | €30,263 | -€8,117 | -21.1% |
| Tangible fixed assets | 22/27 | €38,380 | €30,263 | -€8,117 | -21.1% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | €38,380 | €30,263 | -€8,117 | -21.1% |
| Current assets | 29/58 | €42,418 | €57,199 | +€14,781 | +34.8% |
| Amounts receivable within one year | 40/41 | €14,735 | €40,811 | +€26,076 | +177.0% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €14,735 | €40,811 | +€26,076 | +177.0% |
| Cash at bank and in hand | 54/58 | €27,683 | €16,388 | -€11,295 | -40.8% |
| Total equity and liabilities | 10/49 | €80,798 | €87,462 | +€6,664 | +8.2% |
| Equity | 10/15 | €7,689 | -€41,033 | -€48,722 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€12,771 | -€61,493 | -€48,722 | -381.5% |
| Amounts payable | 17/49 | €73,110 | €128,495 | +€55,386 | +75.8% |
| Amounts payable within one year | 42/48 | €73,110 | €128,495 | +€55,386 | +75.8% |
| Financial debts | 43 | €956 | €309 | -€646 | -67.6% |
| Credit institutions | 430/8 | €956 | €309 | -€646 | -67.6% |
| Trade debts | 44 | €1,056 | €11,833 | +€10,778 | +1021.1% |
| Suppliers | 440/4 | €1,056 | €11,833 | +€10,778 | +1021.1% |
| Taxes, remuneration and social security | 45 | €21,034 | €1,664 | -€19,370 | -92.1% |
| Taxes | 450/3 | €21,034 | €1,664 | -€19,370 | -92.1% |
| Other amounts payable | 47/48 | €50,065 | €114,689 | +€64,625 | +129.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,207 | €4,059 | +€1,852 | +83.9% |
| Other operating charges | 640/8 | €9,713 | €68 | -€9,645 | -99.3% |
| Gross operating margin | 9900 | €69,475 | €45,334 | -€24,141 | -34.7% |
| Operating profit (loss) | 9901 | €57,555 | €41,208 | -€16,348 | -28.4% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €44,164 | €90,229 | +€46,065 | +104.3% |
| Recurring financial charges | 65 | €44,164 | €90,229 | +€46,065 | +104.3% |
| Profit (loss) for the period before taxes | 9903 | €13,391 | -€49,019 | -€62,411 | |
| Income taxes | 67/77 | €265 | €280 | +€15 | +5.8% |
| Profit (loss) for the period | 9904 | €13,126 | -€49,299 | -€62,426 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,126 | -€49,299 | -€62,426 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.