PSK CORPORATION: what changed
PSK CORPORATION
Largest movements
- Receivables within one year -€29,352
down €29,352 (-45.2%), from €64,976 to €35,625
of which Other amounts receivable: -€27,973
- Tangible fixed assets -€27,648
down €27,648 (-36.0%), from €76,850 to €49,202
- Deferred charges and accrued income +€9,820
up €9,820 (+28.5%), from €34,516 to €44,336
- Cash -€7,628
down €7,628 (-62.3%), from €12,251 to €4,623
mainly Contributions, distributions and other (-€75,000) and Other debts (-€37,507)
- Other debts -€37,507
down €37,507 (-30.0%), from €125,000 to €87,493
- Debts after one year -€26,348
no longer reported in 2025 (was €26,348)
- Trade debts +€15,890
new in 2025: €15,890
- Current portion of long-term debt -€4,312
down €4,312 (-14.1%), from €30,660 to €26,348
- Profit (loss) carried forward -€2,530
down €2,530 (-55.2%), from €4,587 to €2,057
- Gross operating margin -€72,805
down €72,805 (-35.7%), from €204,072 to €131,266
- Taxes -€17,214
down €17,214 (-38.0%), from €45,251 to €28,036
- Financial income -€2,055
down €2,055 (-78.3%), from €2,624 to €569
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,594 | €133,787 | -€54,807 | -29.1% |
| Fixed assets | 21/28 | €76,850 | €49,202 | -€27,648 | -36.0% |
| Tangible fixed assets | 22/27 | €76,850 | €49,202 | -€27,648 | -36.0% |
| Furniture and vehicles | 24 | €76,850 | €49,202 | -€27,648 | -36.0% |
| Current assets | 29/58 | €111,744 | €84,584 | -€27,159 | -24.3% |
| Amounts receivable within one year | 40/41 | €64,976 | €35,625 | -€29,352 | -45.2% |
| Trade receivables | 40 | €1,379 | - | -€1,379 | |
| Other amounts receivable | 41 | €63,597 | €35,625 | -€27,973 | -44.0% |
| Cash at bank and in hand | 54/58 | €12,251 | €4,623 | -€7,628 | -62.3% |
| Deferred charges and accrued income | 490/1 | €34,516 | €44,336 | +€9,820 | +28.5% |
| Total equity and liabilities | 10/49 | €188,594 | €133,787 | -€54,807 | -29.1% |
| Equity | 10/15 | €6,587 | €4,057 | -€2,530 | -38.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,587 | €2,057 | -€2,530 | -55.2% |
| Amounts payable | 17/49 | €182,007 | €129,730 | -€52,277 | -28.7% |
| Amounts payable after more than one year | 17 | €26,348 | - | -€26,348 | |
| Financial debts | 170/4 | €26,348 | - | -€26,348 | |
| Amounts payable within one year | 42/48 | €155,660 | €129,730 | -€25,929 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €30,660 | €26,348 | -€4,312 | -14.1% |
| Trade debts | 44 | - | €15,890 | +€15,890 | |
| Suppliers | 440/4 | - | €15,890 | +€15,890 | |
| Other amounts payable | 47/48 | €125,000 | €87,493 | -€37,507 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,065 | €27,648 | -€418 | -1.5% |
| Other operating charges | 640/8 | €1,099 | €1,877 | +€779 | +70.9% |
| Gross operating margin | 9900 | €204,072 | €131,266 | -€72,805 | -35.7% |
| Operating profit (loss) | 9901 | €174,907 | €101,741 | -€73,166 | -41.8% |
| Financial income | 75/76B | €2,624 | €569 | -€2,055 | -78.3% |
| Recurring financial income | 75 | €2,624 | €569 | -€2,055 | -78.3% |
| Financial charges | 65/66B | €2,843 | €1,805 | -€1,038 | -36.5% |
| Recurring financial charges | 65 | €2,843 | €1,805 | -€1,038 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €174,689 | €100,506 | -€74,183 | -42.5% |
| Income taxes | 67/77 | €45,251 | €28,036 | -€17,214 | -38.0% |
| Profit (loss) for the period | 9904 | €129,438 | €72,470 | -€56,968 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €129,438 | €72,470 | -€56,968 | -44.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.