PSHP CONSULT: 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.
PSHP CONSULT
Largest movements
- Tangible fixed assets +€50,021
up €50,021 (+333.4%), from €15,005 to €65,025
- Cash -€22,682
down €22,682 (-91.3%), from €24,854 to €2,172
mainly Investment in fixed assets (net) (-€53,412) and Other debts (-€4,799)
- Reserves +€33,279
up €33,279 (+1847.9%), from €1,801 to €35,080
- Other debts -€4,799
down €4,799 (-14.5%), from €33,078 to €28,280
- Trade debts -€1,849
down €1,849 (-94.9%), from €1,948 to €99
- Tax, wage and social debts +€869
up €869 (+51.9%), from €1,675 to €2,544
- Gross operating margin +€39,880
up €39,880 (+473.2%), from €8,428 to €48,308
- Taxes +€9,393
up €9,393 (+1501.4%), from €626 to €10,019
- Depreciation -€6,071
down €6,071 (-64.2%), from €9,462 to €3,391
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 | €44,702 | €72,202 | +€27,500 | +61.5% |
| Fixed assets | 21/28 | €15,005 | €65,025 | +€50,021 | +333.4% |
| Tangible fixed assets | 22/27 | €15,005 | €65,025 | +€50,021 | +333.4% |
| Furniture and vehicles | 24 | €15,005 | €65,025 | +€50,021 | +333.4% |
| Current assets | 29/58 | €29,697 | €7,177 | -€22,520 | -75.8% |
| Amounts receivable within one year | 40/41 | €2,874 | €3,137 | +€263 | +9.1% |
| Trade receivables | 40 | - | €622 | +€622 | |
| Other amounts receivable | 41 | €2,874 | €2,515 | -€359 | -12.5% |
| Cash at bank and in hand | 54/58 | €24,854 | €2,172 | -€22,682 | -91.3% |
| Deferred charges and accrued income | 490/1 | €1,969 | €1,867 | -€102 | -5.2% |
| Total equity and liabilities | 10/49 | €44,702 | €72,202 | +€27,500 | +61.5% |
| Equity | 10/15 | €8,001 | €41,280 | +€33,279 | +415.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,801 | €35,080 | +€33,279 | +1847.9% |
| Distributable reserves | 133 | €1,801 | €35,080 | +€33,279 | +1847.9% |
| Amounts payable | 17/49 | €36,701 | €30,922 | -€5,779 | -15.7% |
| Amounts payable within one year | 42/48 | €36,701 | €30,922 | -€5,779 | -15.7% |
| Trade debts | 44 | €1,948 | €99 | -€1,849 | -94.9% |
| Suppliers | 440/4 | €1,948 | €99 | -€1,849 | -94.9% |
| Taxes, remuneration and social security | 45 | €1,675 | €2,544 | +€869 | +51.9% |
| Taxes | 450/3 | €1,675 | €2,544 | +€869 | +51.9% |
| Other amounts payable | 47/48 | €33,078 | €28,280 | -€4,799 | -14.5% |
| Non-recurring operating income | 76A | - | €28,084 | +€28,084 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,462 | €3,391 | -€6,071 | -64.2% |
| Other operating charges | 640/8 | €1,657 | €1,306 | -€351 | -21.2% |
| Gross operating margin | 9900 | €8,428 | €48,308 | +€39,880 | +473.2% |
| Operating profit (loss) | 9901 | -€2,691 | €43,610 | +€46,302 | |
| Financial income | 75/76B | €0 | €6 | +€5 | +1776.7% |
| Recurring financial income | 75 | €0 | €6 | +€5 | +1776.7% |
| Financial charges | 65/66B | €306 | €318 | +€12 | +3.8% |
| Recurring financial charges | 65 | €306 | €318 | +€12 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,997 | €43,298 | +€46,295 | |
| Income taxes | 67/77 | €626 | €10,019 | +€9,393 | +1501.4% |
| Profit (loss) for the period | 9904 | -€3,623 | €33,279 | +€36,902 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,623 | €33,279 | +€36,902 |
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.