PSS-PTFB: 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-PTFB
Largest movements
- Receivables within one year +€39,241
up €39,241 (+110%), from €35,789 to €75,031
of which Trade receivables: +€39,671
- Other debts +€28,944
up €28,944 (+31.1%), from €93,216 to €122,159
- Gross operating margin -€16,942
down €16,942 (-71.6%), from €23,669 to €6,728
- Financial charges -€14,493
down €14,493 (-98.1%), from €14,781 to €288
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 | €480,934 | €517,612 | +€36,678 | +7.6% |
| Fixed assets | 21/28 | €4,228 | €2,366 | -€1,862 | -44.0% |
| Tangible fixed assets | 22/27 | €4,228 | €2,366 | -€1,862 | -44.0% |
| Furniture and vehicles | 24 | €1,596 | €100 | -€1,495 | -93.7% |
| Other tangible fixed assets | 26 | €2,632 | €2,265 | -€367 | -13.9% |
| Current assets | 29/58 | €476,706 | €515,246 | +€38,540 | +8.1% |
| Amounts receivable after more than one year | 29 | €440,000 | €440,000 | = | 0.0% |
| Other amounts receivable | 291 | €440,000 | €440,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,789 | €75,031 | +€39,241 | +110% |
| Trade receivables | 40 | €35,329 | €75,000 | +€39,671 | +112% |
| Other amounts receivable | 41 | €460 | €31 | -€430 | -93.3% |
| Cash at bank and in hand | 54/58 | €917 | €215 | -€701 | -76.5% |
| Total equity and liabilities | 10/49 | €480,934 | €517,612 | +€36,678 | +7.6% |
| Equity | 10/15 | -€29,945 | -€26,092 | +€3,853 | +12.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,945 | -€29,092 | +€3,853 | +11.7% |
| Amounts payable | 17/49 | €510,879 | €543,704 | +€32,825 | +6.4% |
| Amounts payable after more than one year | 17 | €410,000 | €410,000 | = | 0.0% |
| Financial debts | 170/4 | €410,000 | €410,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €100,879 | €133,704 | +€32,825 | +32.5% |
| Trade debts | 44 | €6,881 | €10,718 | +€3,837 | +55.8% |
| Suppliers | 440/4 | €6,881 | €10,718 | +€3,837 | +55.8% |
| Taxes, remuneration and social security | 45 | €782 | €826 | +€44 | +5.6% |
| Taxes | 450/3 | €782 | €826 | +€44 | +5.6% |
| Other amounts payable | 47/48 | €93,216 | €122,159 | +€28,944 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,862 | €1,862 | +€0 | 0.0% |
| Other operating charges | 640/8 | €524 | €406 | -€119 | -22.7% |
| Gross operating margin | 9900 | €23,669 | €6,728 | -€16,942 | -71.6% |
| Operating profit (loss) | 9901 | €21,283 | €4,460 | -€16,823 | -79.0% |
| Financial charges | 65/66B | €14,781 | €288 | -€14,493 | -98.1% |
| Recurring financial charges | 65 | €14,781 | €288 | -€14,493 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | €6,502 | €4,172 | -€2,330 | -35.8% |
| Income taxes | 67/77 | €309 | €319 | +€10 | +3.2% |
| Profit (loss) for the period | 9904 | €6,193 | €3,853 | -€2,340 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,193 | €3,853 | -€2,340 | -37.8% |
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 31 October 2026 via checked.be.