PST TRADING: 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.
PST TRADING
Largest movements
- Stocks and contracts -€5,086
down €5,086 (-25.1%), from €20,250 to €15,164
- Cash +€1,964
up €1,964 (+7.4%), from €26,467 to €28,432
mainly Stocks and contracts (+€5,086) and Net result for the year (+€3,852)
- Tangible fixed assets -€912
down €912 (-13.8%), from €6,604 to €5,692
- Profit (loss) carried forward +€3,852
up €3,852 (+89.3%), from -€4,315 to -€463
- Other debts -€3,106
down €3,106 (-7.9%), from €39,150 to €36,044
- Trade debts -€3,090
down €3,090 (-60.1%), from €5,144 to €2,055
- Tax, wage and social debts -€2,374
down €2,374 (-42.3%), from €5,613 to €3,239
of which Remuneration and social security: -€2,300
- Accrued charges and deferred income +€1,062
new in 2025: €1,062
- Gross operating margin +€9,020
up €9,020, from -€677 to €8,343
- Depreciation +€448
up €448 (+24.9%), from €1,796 to €2,243
- Taxes +€282
new in 2025: €282
- Other operating charges +€194
up €194 (+11.8%), from €1,636 to €1,830
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 | €55,310 | €51,655 | -€3,655 | -6.6% |
| Fixed assets | 21/28 | €7,504 | €6,592 | -€912 | -12.2% |
| Tangible fixed assets | 22/27 | €6,604 | €5,692 | -€912 | -13.8% |
| Furniture and vehicles | 24 | €6,604 | €5,692 | -€912 | -13.8% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €47,807 | €45,064 | -€2,743 | -5.7% |
| Stocks and contracts in progress | 3 | €20,250 | €15,164 | -€5,086 | -25.1% |
| Stocks | 30/36 | €20,250 | €15,164 | -€5,086 | -25.1% |
| Amounts receivable within one year | 40/41 | €88 | €596 | +€508 | +577% |
| Trade receivables | 40 | - | €581 | +€581 | |
| Other amounts receivable | 41 | €88 | €16 | -€72 | -82.2% |
| Cash at bank and in hand | 54/58 | €26,467 | €28,432 | +€1,964 | +7.4% |
| Deferred charges and accrued income | 490/1 | €1,001 | €872 | -€129 | -12.9% |
| Total equity and liabilities | 10/49 | €55,310 | €51,655 | -€3,655 | -6.6% |
| Equity | 10/15 | €5,403 | €9,255 | +€3,852 | +71.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €6,718 | €6,718 | = | 0.0% |
| Distributable reserves | 133 | €6,718 | €6,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,315 | -€463 | +€3,852 | +89.3% |
| Amounts payable | 17/49 | €49,908 | €42,400 | -€7,508 | -15.0% |
| Amounts payable within one year | 42/48 | €49,908 | €41,338 | -€8,570 | -17.2% |
| Trade debts | 44 | €5,144 | €2,055 | -€3,090 | -60.1% |
| Suppliers | 440/4 | €5,144 | €2,055 | -€3,090 | -60.1% |
| Taxes, remuneration and social security | 45 | €5,613 | €3,239 | -€2,374 | -42.3% |
| Taxes | 450/3 | €3,313 | €3,239 | -€74 | -2.2% |
| Remuneration and social security | 454/9 | €2,300 | - | -€2,300 | |
| Other amounts payable | 47/48 | €39,150 | €36,044 | -€3,106 | -7.9% |
| Accrued charges and deferred income | 492/3 | - | €1,062 | +€1,062 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,796 | €2,243 | +€448 | +24.9% |
| Other operating charges | 640/8 | €1,636 | €1,830 | +€194 | +11.8% |
| Gross operating margin | 9900 | -€677 | €8,343 | +€9,020 | |
| Operating profit (loss) | 9901 | -€4,109 | €4,270 | +€8,379 | |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €206 | €150 | -€56 | -27.4% |
| Recurring financial charges | 65 | €206 | €150 | -€56 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,315 | €4,134 | +€8,449 | |
| Income taxes | 67/77 | - | €282 | +€282 | |
| Profit (loss) for the period | 9904 | -€4,315 | €3,852 | +€8,168 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,315 | €3,852 | +€8,168 |
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 20 October 2026 via checked.be.