PSS: 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.
PSS
Largest movements
- Receivables after one year +€286,829
up €286,829 (+76.7%), from €374,118 to €660,947
- Receivables within one year -€82,858
down €82,858 (-81.2%), from €102,008 to €19,150
of which Other amounts receivable: -€85,788
- Cash -€64,254
down €64,254 (-60.5%), from €106,205 to €41,951
- Reserves +€159,941
up €159,941 (+33.5%), from €477,688 to €637,629
of which Distributable reserves: +€159,941
- Tax, wage and social debts -€23,919
down €23,919 (-25.0%), from €95,643 to €71,723
- Gross operating margin +€7,185
up €7,185 (+5.5%), from €131,067 to €138,252
- Other operating charges +€5,600
up €5,600 (+185%), from €3,021 to €8,620
From the 2023 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
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 | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €585,731 | €724,511 | +€138,780 | +23.7% |
| Fixed assets | 21/28 | €3,400 | €2,464 | -€936 | -27.5% |
| Tangible fixed assets | 22/27 | €3,400 | €2,464 | -€936 | -27.5% |
| Land and buildings | 22 | €136 | - | -€136 | |
| Furniture and vehicles | 24 | €3,264 | €2,464 | -€800 | -24.5% |
| Current assets | 29/58 | €582,331 | €722,048 | +€139,716 | +24.0% |
| Amounts receivable after more than one year | 29 | €374,118 | €660,947 | +€286,829 | +76.7% |
| Other amounts receivable | 291 | €374,118 | €660,947 | +€286,829 | +76.7% |
| Amounts receivable within one year | 40/41 | €102,008 | €19,150 | -€82,858 | -81.2% |
| Trade receivables | 40 | €16,191 | €19,121 | +€2,930 | +18.1% |
| Other amounts receivable | 41 | €85,818 | €29 | -€85,788 | -100.0% |
| Cash at bank and in hand | 54/58 | €106,205 | €41,951 | -€64,254 | -60.5% |
| Total equity and liabilities | 10/49 | €585,731 | €724,511 | +€138,780 | +23.7% |
| Equity | 10/15 | €490,088 | €650,029 | +€159,941 | +32.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €477,688 | €637,629 | +€159,941 | +33.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €475,828 | €635,769 | +€159,941 | +33.6% |
| Amounts payable | 17/49 | €95,643 | €74,483 | -€21,160 | -22.1% |
| Amounts payable within one year | 42/48 | €95,643 | €74,483 | -€21,160 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | - | €2,759 | +€2,759 | |
| Suppliers | 440/4 | - | €2,759 | +€2,759 | |
| Taxes, remuneration and social security | 45 | €95,643 | €71,723 | -€23,919 | -25.0% |
| Taxes | 450/3 | €95,643 | €71,723 | -€23,919 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,103 | €1,071 | -€32 | -2.9% |
| Other operating charges | 640/8 | €3,021 | €8,620 | +€5,600 | +185% |
| Gross operating margin | 9900 | €131,067 | €138,252 | +€7,185 | +5.5% |
| Operating profit (loss) | 9901 | €126,943 | €128,561 | +€1,618 | +1.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,380 | €2,386 | +€1,005 | +72.8% |
| Recurring financial charges | 65 | €1,380 | €2,386 | +€1,005 | +72.8% |
| Profit (loss) for the period before taxes | 9903 | €125,563 | €126,176 | +€613 | +0.5% |
| Income taxes | 67/77 | €37,475 | €38,797 | +€1,322 | +3.5% |
| Profit (loss) for the period | 9904 | €88,088 | €87,379 | -€709 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €88,088 | €87,379 | -€709 | -0.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.