PSTD Consult: what changed
PSTD Consult
Largest movements
- Cash +€20,282
up €20,282 (+43.8%), from €46,256 to €66,538
mainly Net result for the year (+€53,852) and Other debts (+€7,189)
- Receivables within one year -€4,035
down €4,035 (-25.3%), from €15,925 to €11,890
of which Other amounts receivable: -€2,855
- Tangible fixed assets -€2,522
down €2,522 (-32.1%), from €7,866 to €5,343
of which Furniture and vehicles: -€1,398
- Other debts +€7,189
up €7,189 (+13.7%), from €52,405 to €59,594
- Tax, wage and social debts +€5,683
up €5,683 (+41.8%), from €13,610 to €19,294
- Trade debts +€853
up €853 (+82.7%), from €1,032 to €1,884
- Gross operating margin +€21,962
up €21,962 (+43.9%), from €49,973 to €71,935
- Taxes +€4,367
up €4,367 (+43.3%), from €10,087 to €14,454
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,046 | €83,772 | +€13,725 | +19.6% |
| Fixed assets | 21/28 | €7,866 | €5,343 | -€2,522 | -32.1% |
| Tangible fixed assets | 22/27 | €7,866 | €5,343 | -€2,522 | -32.1% |
| Furniture and vehicles | 24 | €1,961 | €563 | -€1,398 | -71.3% |
| Other tangible fixed assets | 26 | €5,904 | €4,780 | -€1,124 | -19.0% |
| Current assets | 29/58 | €62,181 | €78,428 | +€16,248 | +26.1% |
| Amounts receivable within one year | 40/41 | €15,925 | €11,890 | -€4,035 | -25.3% |
| Trade receivables | 40 | €13,068 | €11,888 | -€1,180 | -9.0% |
| Other amounts receivable | 41 | €2,857 | €2 | -€2,855 | -99.9% |
| Cash at bank and in hand | 54/58 | €46,256 | €66,538 | +€20,282 | +43.8% |
| Total equity and liabilities | 10/49 | €70,046 | €83,772 | +€13,725 | +19.6% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €67,046 | €80,772 | +€13,725 | +20.5% |
| Amounts payable within one year | 42/48 | €67,046 | €80,772 | +€13,725 | +20.5% |
| Trade debts | 44 | €1,032 | €1,884 | +€853 | +82.7% |
| Suppliers | 440/4 | €1,032 | €1,884 | +€853 | +82.7% |
| Taxes, remuneration and social security | 45 | €13,610 | €19,294 | +€5,683 | +41.8% |
| Taxes | 450/3 | €13,610 | €19,294 | +€5,683 | +41.8% |
| Other amounts payable | 47/48 | €52,405 | €59,594 | +€7,189 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,901 | €2,522 | -€379 | -13.1% |
| Other operating charges | 640/8 | €1,086 | €1,135 | +€50 | +4.6% |
| Gross operating margin | 9900 | €49,973 | €71,935 | +€21,962 | +43.9% |
| Operating profit (loss) | 9901 | €45,986 | €68,277 | +€22,291 | +48.5% |
| Financial income | 75/76B | €252 | €99 | -€153 | -60.6% |
| Recurring financial income | 75 | €252 | €99 | -€153 | -60.6% |
| Financial charges | 65/66B | €195 | €71 | -€124 | -63.8% |
| Recurring financial charges | 65 | €195 | €71 | -€124 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | €46,043 | €68,305 | +€22,262 | +48.4% |
| Income taxes | 67/77 | €10,087 | €14,454 | +€4,367 | +43.3% |
| Profit (loss) for the period | 9904 | €35,956 | €53,852 | +€17,896 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,956 | €53,852 | +€17,896 | +49.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.