PSL & CO: 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.
PSL & CO
Largest movements
- Receivables within one year -€13,460
down €13,460 (-19.6%), from €68,540 to €55,080
of which Other amounts receivable: -€13,460
- Trade debts -€22,209
down €22,209 (-88.1%), from €25,220 to €3,011
- Other debts +€12,192
up €12,192 (+51.2%), from €23,811 to €36,003
- Profit (loss) carried forward -€2,954
down €2,954 (-22.8%), from €12,972 to €10,019
- Gross operating margin +€1,939
up €1,939 (+77.7%), from -€2,495 to -€556
- Staff costs +€1,244
new in 2024: €1,244
- Other operating charges +€502
new in 2024: €502
- Financial charges -€238
down €238 (-94.1%), from €253 to €15
- Taxes -€90
no longer reported in 2024 (was €90)
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,540 | €68,080 | -€13,460 | -16.5% |
| Current assets | 29/58 | €81,540 | €68,080 | -€13,460 | -16.5% |
| Amounts receivable within one year | 40/41 | €68,540 | €55,080 | -€13,460 | -19.6% |
| Trade receivables | 40 | €35,554 | €35,554 | = | 0.0% |
| Other amounts receivable | 41 | €32,986 | €19,526 | -€13,460 | -40.8% |
| Deferred charges and accrued income | 490/1 | €13,000 | €13,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €81,540 | €68,080 | -€13,460 | -16.5% |
| Equity | 10/15 | €21,132 | €18,179 | -€2,954 | -14.0% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,972 | €10,019 | -€2,954 | -22.8% |
| Amounts payable | 17/49 | €60,408 | €49,902 | -€10,507 | -17.4% |
| Amounts payable within one year | 42/48 | €60,408 | €49,902 | -€10,507 | -17.4% |
| Financial debts | 43 | €5,027 | €4,537 | -€490 | -9.7% |
| Credit institutions | 430/8 | €5,027 | €4,537 | -€490 | -9.7% |
| Trade debts | 44 | €25,220 | €3,011 | -€22,209 | -88.1% |
| Suppliers | 440/4 | €25,220 | €3,011 | -€22,209 | -88.1% |
| Taxes, remuneration and social security | 45 | €6,351 | €6,351 | = | 0.0% |
| Taxes | 450/3 | €1,521 | €1,521 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,830 | €4,830 | = | 0.0% |
| Other amounts payable | 47/48 | €23,811 | €36,003 | +€12,192 | +51.2% |
| Remuneration, social security and pensions | 62 | - | €1,244 | +€1,244 | |
| Other operating charges | 640/8 | - | €502 | +€502 | |
| Gross operating margin | 9900 | -€2,495 | -€556 | +€1,939 | +77.7% |
| Operating profit (loss) | 9901 | -€2,495 | -€2,303 | +€193 | +7.7% |
| Financial charges | 65/66B | €253 | €15 | -€238 | -94.1% |
| Recurring financial charges | 65 | €253 | €15 | -€238 | -94.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,749 | -€2,318 | +€431 | +15.7% |
| Income taxes | 67/77 | €90 | - | -€90 | |
| Profit (loss) for the period | 9904 | -€2,838 | -€2,318 | +€521 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,838 | -€2,318 | +€521 | +18.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.