PSP Services: 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.
PSP Services
Largest movements
- Cash +€23,143
up €23,143 (+15.7%), from €147,317 to €170,460
mainly Trade debts (+€220,764) and Debts after one year (+€96,000)
- Receivables within one year +€8,960
up €8,960 (+4.7%), from €191,346 to €200,306
of which Trade receivables: +€11,778
- Deferred charges and accrued income +€3,988
new in 2025: €3,988
- Other debts -€280,000
down €280,000 (-100.0%), from €280,000 to €0
- Trade debts +€220,764
up €220,764 (+694.0%), from €31,809 to €252,574
- Debts after one year +€96,000
new in 2025: €96,000
- Tax, wage and social debts +€4,128
up €4,128 (+48.6%), from €8,499 to €12,626
of which Remuneration and social security: +€4,254
- Profit (loss) carried forward -€4,010
down €4,010 (-23.7%), from €16,925 to €12,914
- Gross operating margin -€220,767
down €220,767 (-67.0%), from €329,365 to €108,599
- Staff costs +€67,795
up €67,795 (+148.4%), from €45,686 to €113,481
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 | €340,888 | €376,114 | +€35,226 | +10.3% |
| Fixed assets | 21/28 | €2,225 | €1,361 | -€864 | -38.9% |
| Tangible fixed assets | 22/27 | €2,225 | €1,361 | -€864 | -38.9% |
| Plant, machinery and equipment | 23 | €1,134 | €756 | -€379 | -33.4% |
| Furniture and vehicles | 24 | €1,091 | €605 | -€486 | -44.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €338,663 | €374,754 | +€36,091 | +10.7% |
| Amounts receivable within one year | 40/41 | €191,346 | €200,306 | +€8,960 | +4.7% |
| Trade receivables | 40 | €111,713 | €123,491 | +€11,778 | +10.5% |
| Other amounts receivable | 41 | €79,632 | €76,814 | -€2,818 | -3.5% |
| Cash at bank and in hand | 54/58 | €147,317 | €170,460 | +€23,143 | +15.7% |
| Deferred charges and accrued income | 490/1 | - | €3,988 | +€3,988 | |
| Total equity and liabilities | 10/49 | €340,888 | €376,114 | +€35,226 | +10.3% |
| Equity | 10/15 | €18,925 | €14,914 | -€4,010 | -21.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,925 | €12,914 | -€4,010 | -23.7% |
| Amounts payable | 17/49 | €321,963 | €361,200 | +€39,237 | +12.2% |
| Amounts payable after more than one year | 17 | - | €96,000 | +€96,000 | |
| Trade debts | 175 | - | €96,000 | +€96,000 | |
| Amounts payable within one year | 42/48 | €321,963 | €265,200 | -€56,763 | -17.6% |
| Trade debts | 44 | €31,809 | €252,574 | +€220,764 | +694.0% |
| Suppliers | 440/4 | €31,809 | €252,574 | +€220,764 | +694.0% |
| Advances received on contracts in progress | 46 | €1,655 | €0 | -€1,655 | -100.0% |
| Taxes, remuneration and social security | 45 | €8,499 | €12,626 | +€4,128 | +48.6% |
| Taxes | 450/3 | €1,712 | €1,586 | -€126 | -7.4% |
| Remuneration and social security | 454/9 | €6,786 | €11,040 | +€4,254 | +62.7% |
| Other amounts payable | 47/48 | €280,000 | €0 | -€280,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €45,686 | €113,481 | +€67,795 | +148.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €649 | €864 | +€216 | +33.3% |
| Other operating charges | 640/8 | €848 | €462 | -€387 | -45.6% |
| Gross operating margin | 9900 | €329,365 | €108,599 | -€220,767 | -67.0% |
| Operating profit (loss) | 9901 | €282,182 | -€6,208 | -€288,390 | |
| Financial income | 75/76B | €4 | €2,646 | +€2,642 | +67219.6% |
| Recurring financial income | 75 | €4 | €2,646 | +€2,642 | +67219.6% |
| Financial charges | 65/66B | €75 | €156 | +€82 | +109.7% |
| Recurring financial charges | 65 | €75 | €156 | +€82 | +109.7% |
| Profit (loss) for the period before taxes | 9903 | €282,112 | -€3,719 | -€285,830 | |
| Income taxes | 67/77 | €1,127 | €292 | -€835 | -74.1% |
| Profit (loss) for the period | 9904 | €280,985 | -€4,010 | -€284,995 | |
| Profit (loss) for the period to be appropriated | 9905 | €280,985 | -€4,010 | -€284,995 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.