PSY 117: 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.
PSY 117
Largest movements
- Cash -€2,940
down €2,940 (-14.2%), from €20,663 to €17,723
mainly Trade debts (-€3,603) and Receivables within one year (-€1,920)
- Tangible fixed assets -€2,614
down €2,614 (-46.2%), from €5,662 to €3,048
of which Plant, machinery and equipment: -€1,626
- Receivables within one year +€1,920
up €1,920 (+138%), from €1,390 to €3,310
of which Other amounts receivable: +€2,395
- Trade debts -€3,603
down €3,603 (-99.8%), from €3,612 to €9
- Other debts -€583
no longer reported in 2025 (was €583)
- Tax, wage and social debts +€436
up €436 (+18.0%), from €2,418 to €2,854
- Profit (loss) carried forward +€325
up €325 (+12.6%), from €2,572 to €2,896
- Depreciation +€770
up €770 (+41.8%), from €1,844 to €2,614
- Other operating charges +€217
up €217 (+63.0%), from €345 to €563
- Gross operating margin +€112
up €112 (+2.4%), from €4,592 to €4,704
- Taxes +€76
up €76 (+7.0%), from €1,100 to €1,176
- Financial income +€72
up €72 (+152%), from €48 to €120
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 | €28,563 | €24,877 | -€3,685 | -12.9% |
| Fixed assets | 21/28 | €5,662 | €3,048 | -€2,614 | -46.2% |
| Tangible fixed assets | 22/27 | €5,662 | €3,048 | -€2,614 | -46.2% |
| Plant, machinery and equipment | 23 | €3,621 | €1,995 | -€1,626 | -44.9% |
| Furniture and vehicles | 24 | €2,041 | €1,053 | -€988 | -48.4% |
| Current assets | 29/58 | €22,900 | €21,829 | -€1,071 | -4.7% |
| Amounts receivable within one year | 40/41 | €1,390 | €3,310 | +€1,920 | +138% |
| Trade receivables | 40 | €475 | - | -€475 | |
| Other amounts receivable | 41 | €915 | €3,310 | +€2,395 | +262% |
| Cash at bank and in hand | 54/58 | €20,663 | €17,723 | -€2,940 | -14.2% |
| Deferred charges and accrued income | 490/1 | €847 | €796 | -€51 | -6.0% |
| Total equity and liabilities | 10/49 | €28,563 | €24,877 | -€3,685 | -12.9% |
| Equity | 10/15 | €21,559 | €21,884 | +€325 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €388 | €388 | = | 0.0% |
| Non-distributable reserves | 130/1 | €388 | €388 | = | 0.0% |
| Reserves not available under the articles | 1311 | €388 | €388 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,572 | €2,896 | +€325 | +12.6% |
| Amounts payable | 17/49 | €7,003 | €2,993 | -€4,010 | -57.3% |
| Amounts payable after more than one year | 17 | €390 | €130 | -€260 | -66.7% |
| Other amounts payable | 178/9 | €390 | €130 | -€260 | -66.7% |
| Amounts payable within one year | 42/48 | €6,613 | €2,863 | -€3,750 | -56.7% |
| Trade debts | 44 | €3,612 | €9 | -€3,603 | -99.8% |
| Suppliers | 440/4 | €3,612 | €9 | -€3,603 | -99.8% |
| Taxes, remuneration and social security | 45 | €2,418 | €2,854 | +€436 | +18.0% |
| Taxes | 450/3 | €2,418 | €2,854 | +€436 | +18.0% |
| Other amounts payable | 47/48 | €583 | - | -€583 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,844 | €2,614 | +€770 | +41.8% |
| Other operating charges | 640/8 | €345 | €563 | +€217 | +63.0% |
| Gross operating margin | 9900 | €4,592 | €4,704 | +€112 | +2.4% |
| Operating profit (loss) | 9901 | €2,403 | €1,527 | -€875 | -36.4% |
| Financial income | 75/76B | €48 | €120 | +€72 | +152% |
| Recurring financial income | 75 | €48 | €120 | +€72 | +152% |
| Financial charges | 65/66B | €140 | €146 | +€6 | +4.0% |
| Recurring financial charges | 65 | €140 | €146 | +€6 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €2,310 | €1,501 | -€809 | -35.0% |
| Income taxes | 67/77 | €1,100 | €1,176 | +€76 | +7.0% |
| Profit (loss) for the period | 9904 | €1,210 | €325 | -€886 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,210 | €325 | -€886 | -73.2% |
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 13 October 2026 via checked.be.