PSI SUPPLY: 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.
What changed
PSI SUPPLY
NACE 52.250, Logistics services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€70,594
2024 · €60,999+€9,595
Equity
€1.3m
2024 · €1.2m+€70,594
Cash
€252,219
2024 · €32,804+€219,415
Balance sheet total
€2.2m
2024 · €2.0m+€221,666
Largest movements
Assets
- Cash +€219,415
up €219,415 (+669%), from €32,804 to €252,219
mainly Trade debts (+€144,144) and Receivables within one year (+€139,524)
- Stocks and contracts +€142,551
up €142,551 (+99.9%), from €142,696 to €285,247
of which Stocks: +€76,226
- Receivables within one year -€139,524
down €139,524 (-7.6%), from €1.8m to €1.7m
of which Trade receivables: -€281,769
Equity and liabilities
- Trade debts +€144,144
up €144,144 (+18.5%), from €781,007 to €925,152
- Profit (loss) carried forward +€70,594
up €70,594 (+15.7%), from €450,646 to €521,240
Income statement
- Goods and materials +€80,155
up €80,155 (+4.6%), from €1.8m to €1.8m
of which Purchases: +€562,413
- Turnover +€70,282
up €70,282 (+3.4%), from €2.1m to €2.1m
- Write-downs -€41,520
new in 2025: -€41,520
- Other operating income -€38,950
down €38,950 (-19.0%), from €204,927 to €165,977
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.
Result 2024
€60,999
Turnover
+€70,282
Other operating income
-€38,950
Goods and materials
-€80,155
Services and other goods
+€4,688
Staff costs
+€9,623
Depreciation
+€641
Write-downs
+€41,520
Other operating charges
+€252
Financial income
+€10,553
Financial charges
-€3,505
Taxes
-€5,354
Result 2025
€70,594
raises the resultlowers the result
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.
From operations
+€219,415
Investment
€0
Financing
€0
Cash 2024
€32,804
From operations (derived)
+€219,415
Net result for the year
+€70,594
Depreciation
+€358
Stocks and contracts
-€142,551
Receivables within one year
+€139,524
Deferred charges and accrued income
+€418
Trade debts
+€144,144
Tax, wage and social debts
+€3,670
Accrued charges and deferred income
+€3,258
Cash 2025
€252,219
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,011,641 | €2,233,307 | +€221,666 | +11.0% |
| Fixed assets | 21/28 | €538 | €180 | -€358 | -66.5% |
| Tangible fixed assets | 22/27 | €538 | €180 | -€358 | -66.5% |
| Furniture and vehicles | 24 | €538 | €180 | -€358 | -66.5% |
| Current assets | 29/58 | €2,011,104 | €2,233,127 | +€222,023 | +11.0% |
| Stocks and contracts in progress | 3 | €142,696 | €285,247 | +€142,551 | +99.9% |
| Stocks | 30/36 | €131,568 | €207,794 | +€76,226 | +57.9% |
| Goods purchased for resale | 34 | €131,568 | €207,794 | +€76,226 | +57.9% |
| Contracts in progress | 37 | €11,128 | €77,453 | +€66,325 | +596% |
| Amounts receivable within one year | 40/41 | €1,834,367 | €1,694,843 | -€139,524 | -7.6% |
| Trade receivables | 40 | €730,133 | €448,364 | -€281,769 | -38.6% |
| Other amounts receivable | 41 | €1,104,234 | €1,246,479 | +€142,245 | +12.9% |
| Cash at bank and in hand | 54/58 | €32,804 | €252,219 | +€219,415 | +669% |
| Deferred charges and accrued income | 490/1 | €1,237 | €818 | -€418 | -33.8% |
| Total equity and liabilities | 10/49 | €2,011,641 | €2,233,307 | +€221,666 | +11.0% |
| Equity | 10/15 | €1,182,146 | €1,252,740 | +€70,594 | +6.0% |
| Contributions | 10/11 | €665,000 | €665,000 | = | 0.0% |
| Capital | 10 | €665,000 | €665,000 | = | 0.0% |
| Issued capital | 100 | €665,000 | €665,000 | = | 0.0% |
| Reserves | 13 | €66,500 | €66,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €66,500 | €66,500 | = | 0.0% |
| Legal reserve | 130 | €66,500 | €66,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €450,646 | €521,240 | +€70,594 | +15.7% |
| Amounts payable | 17/49 | €829,495 | €980,567 | +€151,072 | +18.2% |
| Amounts payable within one year | 42/48 | €823,654 | €971,468 | +€147,814 | +17.9% |
| Trade debts | 44 | €781,007 | €925,152 | +€144,144 | +18.5% |
| Suppliers | 440/4 | €781,007 | €925,152 | +€144,144 | +18.5% |
| Taxes, remuneration and social security | 45 | €42,647 | €46,316 | +€3,670 | +8.6% |
| Taxes | 450/3 | €23,603 | €28,957 | +€5,354 | +22.7% |
| Remuneration and social security | 454/9 | €19,044 | €17,359 | -€1,685 | -8.8% |
| Accrued charges and deferred income | 492/3 | €5,841 | €9,099 | +€3,258 | +55.8% |
| Operating income | 70/76A | €2,281,929 | €2,313,261 | +€31,332 | +1.4% |
| Turnover | 70 | €2,077,002 | €2,147,284 | +€70,282 | +3.4% |
| Other operating income | 74 | €204,927 | €165,977 | -€38,950 | -19.0% |
| Operating charges | 60/66A | €2,154,264 | €2,177,695 | +€23,431 | +1.1% |
| Goods for resale, raw materials and consumables | 60 | €1,757,569 | €1,837,724 | +€80,155 | +4.6% |
| Purchases | 600/8 | €1,417,862 | €1,980,275 | +€562,413 | +39.7% |
| Change in stocks: decrease (increase) | 609 | €339,707 | -€142,551 | -€482,257 | |
| Services and other goods | 61 | €294,907 | €290,219 | -€4,688 | -1.6% |
| Remuneration, social security and pensions | 62 | €99,497 | €89,874 | -€9,623 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €999 | €358 | -€641 | -64.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€41,520 | -€41,520 | |
| Other operating charges | 640/8 | €1,292 | €1,040 | -€252 | -19.5% |
| Operating profit (loss) | 9901 | €127,665 | €135,566 | +€7,901 | +6.2% |
| Financial income | 75/76B | €2,117 | €12,670 | +€10,553 | +498% |
| Recurring financial income | 75 | €2,117 | €12,670 | +€10,553 | +498% |
| Other financial income | 752/9 | €2,117 | €12,670 | +€10,553 | +498% |
| Financial charges | 65/66B | €45,181 | €48,685 | +€3,505 | +7.8% |
| Recurring financial charges | 65 | €45,181 | €48,685 | +€3,505 | +7.8% |
| Other financial charges | 652/9 | €45,181 | €48,685 | +€3,505 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €84,602 | €99,551 | +€14,949 | +17.7% |
| Income taxes | 67/77 | €23,603 | €28,957 | +€5,354 | +22.7% |
| Taxes | 670/3 | €23,603 | €28,957 | +€5,354 | +22.7% |
| Profit (loss) for the period | 9904 | €60,999 | €70,594 | +€9,595 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €60,999 | €70,594 | +€9,595 | +15.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.