PSC Fasteners: 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.
PSC Fasteners
Largest movements
- Receivables within one year +€16,771
up €16,771 (+29.0%), from €57,734 to €74,505
of which Trade receivables: +€15,939
- Cash -€4,428
down €4,428 (-51.9%), from €8,531 to €4,103
mainly Receivables within one year (-€16,771) and Current portion of long-term debt (-€4,816)
- Tangible fixed assets -€4,007
down €4,007 (-13.6%), from €29,392 to €25,385
of which Plant, machinery and equipment: -€27,844
- Trade debts +€9,687
up €9,687 (+68.9%), from €14,064 to €23,751
- Reserves +€7,544
up €7,544 (+14.8%), from €50,941 to €58,485
- Current portion of long-term debt -€4,816
down €4,816 (-100.0%), from €4,816 to €0
- Tax, wage and social debts -€4,085
down €4,085 (-69.9%), from €5,842 to €1,757
- Gross operating margin -€4,045
down €4,045 (-19.8%), from €20,397 to €16,352
- Taxes -€1,109
down €1,109 (-31.1%), from €3,567 to €2,457
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 | €95,663 | €103,994 | +€8,330 | +8.7% |
| Fixed assets | 21/28 | €29,392 | €25,385 | -€4,007 | -13.6% |
| Tangible fixed assets | 22/27 | €29,392 | €25,385 | -€4,007 | -13.6% |
| Plant, machinery and equipment | 23 | €29,392 | €1,548 | -€27,844 | -94.7% |
| Leasing and similar rights | 25 | - | €23,837 | +€23,837 | |
| Current assets | 29/58 | €66,271 | €78,609 | +€12,337 | +18.6% |
| Amounts receivable within one year | 40/41 | €57,734 | €74,505 | +€16,771 | +29.0% |
| Trade receivables | 40 | €54,018 | €69,957 | +€15,939 | +29.5% |
| Other amounts receivable | 41 | €3,716 | €4,548 | +€832 | +22.4% |
| Cash at bank and in hand | 54/58 | €8,531 | €4,103 | -€4,428 | -51.9% |
| Deferred charges and accrued income | 490/1 | €6 | €0 | -€6 | -100.0% |
| Total equity and liabilities | 10/49 | €95,663 | €103,994 | +€8,330 | +8.7% |
| Equity | 10/15 | €70,941 | €78,485 | +€7,544 | +10.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €50,941 | €58,485 | +€7,544 | +14.8% |
| Distributable reserves | 133 | €50,941 | €58,485 | +€7,544 | +14.8% |
| Amounts payable | 17/49 | €24,722 | €25,509 | +€787 | +3.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €24,722 | €25,509 | +€787 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €4,816 | €0 | -€4,816 | -100.0% |
| Trade debts | 44 | €14,064 | €23,751 | +€9,687 | +68.9% |
| Suppliers | 440/4 | €14,064 | €23,751 | +€9,687 | +68.9% |
| Taxes, remuneration and social security | 45 | €5,842 | €1,757 | -€4,085 | -69.9% |
| Taxes | 450/3 | €5,842 | €1,757 | -€4,085 | -69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,555 | €5,725 | +€170 | +3.1% |
| Other operating charges | 640/8 | €281 | €288 | +€7 | +2.6% |
| Gross operating margin | 9900 | €20,397 | €16,352 | -€4,045 | -19.8% |
| Operating profit (loss) | 9901 | €14,560 | €10,339 | -€4,222 | -29.0% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €470 | €338 | -€132 | -28.1% |
| Recurring financial charges | 65 | €470 | €338 | -€132 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €14,094 | €10,001 | -€4,093 | -29.0% |
| Income taxes | 67/77 | €3,567 | €2,457 | -€1,109 | -31.1% |
| Profit (loss) for the period | 9904 | €10,527 | €7,544 | -€2,984 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,527 | €7,544 | -€2,984 | -28.3% |
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 7 October 2026 via checked.be.