PSK-Build: 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.
PSK-Build
Largest movements
- Receivables within one year +€353,361
up €353,361 (+676%), from €52,285 to €405,646
of which Trade receivables: +€364,691
- Stocks and contracts -€265,311
down €265,311 (-100%), from €265,311 to €0
- Tangible fixed assets -€15,710
down €15,710 (-100%), from €15,710 to €0
- Cash -€7,732
down €7,732 (-34.2%), from €22,583 to €14,851
mainly Receivables within one year (-€353,361) and Debts after one year (-€210,916)
- Advances received +€364,936
new in 2025: €364,936
- Debts after one year -€210,916
down €210,916 (-100%), from €210,916 to €0
- Profit (loss) carried forward -€55,966
down €55,966 (-242%), from -€23,154 to -€79,120
- Tax, wage and social debts -€48,541
down €48,541 (-100%), from €48,541 to €0
of which Taxes: -€48,541
- Other debts +€44,500
up €44,500 (+63.6%), from €70,000 to €114,500
- Gross operating margin -€107,791
down €107,791, from €64,218 to -€43,573
- Staff costs -€30,769
down €30,769 (-96.3%), from €31,964 to €1,195
- Financial charges -€8,865
down €8,865 (-44.1%), from €20,085 to €11,221
- Depreciation -€1,750
down €1,750 (-100%), from €1,750 to €0
- Other operating charges +€1,277
up €1,277 (+970%), from €132 to €1,409
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €361,055 | €423,708 | +€62,653 | +17.4% |
| Fixed assets | 21/28 | €15,710 | €0 | -€15,710 | -100% |
| Tangible fixed assets | 22/27 | €15,710 | €0 | -€15,710 | -100% |
| Plant, machinery and equipment | 23 | €15,710 | €0 | -€15,710 | -100% |
| Current assets | 29/58 | €345,345 | €423,708 | +€78,363 | +22.7% |
| Stocks and contracts in progress | 3 | €265,311 | €0 | -€265,311 | -100% |
| Stocks | 30/36 | €265,311 | €0 | -€265,311 | -100% |
| Amounts receivable within one year | 40/41 | €52,285 | €405,646 | +€353,361 | +676% |
| Trade receivables | 40 | €26,909 | €391,600 | +€364,691 | +1,355% |
| Other amounts receivable | 41 | €25,376 | €14,046 | -€11,330 | -44.6% |
| Cash at bank and in hand | 54/58 | €22,583 | €14,851 | -€7,732 | -34.2% |
| Deferred charges and accrued income | 490/1 | €5,167 | €3,211 | -€1,956 | -37.8% |
| Total equity and liabilities | 10/49 | €361,055 | €423,708 | +€62,653 | +17.4% |
| Equity | 10/15 | -€13,154 | -€69,120 | -€55,966 | -425% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,154 | -€79,120 | -€55,966 | -242% |
| Amounts payable | 17/49 | €374,209 | €492,828 | +€118,619 | +31.7% |
| Amounts payable after more than one year | 17 | €210,916 | €0 | -€210,916 | -100% |
| Financial debts | 170/4 | €210,916 | €0 | -€210,916 | -100% |
| Amounts payable within one year | 42/48 | €150,825 | €492,623 | +€341,798 | +227% |
| Trade debts | 44 | €32,283 | €13,187 | -€19,097 | -59.2% |
| Suppliers | 440/4 | €32,283 | €13,187 | -€19,097 | -59.2% |
| Advances received on contracts in progress | 46 | - | €364,936 | +€364,936 | |
| Taxes, remuneration and social security | 45 | €48,541 | €0 | -€48,541 | -100% |
| Taxes | 450/3 | €48,541 | €0 | -€48,541 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €70,000 | €114,500 | +€44,500 | +63.6% |
| Accrued charges and deferred income | 492/3 | €12,468 | €205 | -€12,263 | -98.4% |
| Remuneration, social security and pensions | 62 | €31,964 | €1,195 | -€30,769 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,750 | €0 | -€1,750 | -100% |
| Other operating charges | 640/8 | €132 | €1,409 | +€1,277 | +970% |
| Gross operating margin | 9900 | €64,218 | -€43,573 | -€107,791 | |
| Operating profit (loss) | 9901 | €30,372 | -€46,177 | -€76,549 | |
| Financial income | 75/76B | €215 | €1,432 | +€1,217 | +566% |
| Recurring financial income | 75 | €215 | €1,432 | +€1,217 | +566% |
| Financial charges | 65/66B | €20,085 | €11,221 | -€8,865 | -44.1% |
| Recurring financial charges | 65 | €20,085 | €11,221 | -€8,865 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €10,501 | -€55,966 | -€66,467 | |
| Profit (loss) for the period | 9904 | €10,501 | -€55,966 | -€66,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,501 | -€55,966 | -€66,467 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.