PSY-ARCHI: 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.
What changed
PSY-ARCHI
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€146,410
2024 · €146,614-€204
Equity
€949,133
2024 · €986,351-€37,218
Cash
€92,932
2024 · €90,292+€2,640
Balance sheet total
€1.9m
2024 · €1.9m-€48,714
Largest movements
Assets
- Tangible fixed assets -€65,027
down €65,027 (-5.8%), from €1.1m to €1.1m
of which Land and buildings: -€52,907
Equity and liabilities
- Debts after one year -€74,839
down €74,839 (-9.8%), from €767,562 to €692,723
- Other debts +€69,454
up €69,454 (+3114.2%), from €2,230 to €71,684
- Reserves -€37,218
down €37,218 (-3.8%), from €967,751 to €930,533
of which Tax-exempt reserves: -€84,200
Income statement
- Taxes +€10,540
up €10,540 (+15.0%), from €70,290 to €80,830
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.
Result 2024
€146,614
Gross operating margin
+€1,055
Depreciation
+€4,439
Other operating charges
+€293
Financial income
+€270
Financial charges
+€4,280
Taxes
-€10,540
Result 2025
€146,410
Cash bridge derived
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.
From operations
+€293,300
Investment
-€15,579
Financing
-€275,080
Cash 2024
€90,292
From operations (derived)
+€293,300
Net result for the year
+€146,410
Depreciation
+€80,606
Receivables within one year
-€10,961
Deferred charges and accrued income
-€2,711
Trade debts
+€2,696
Tax, wage and social debts
+€10,342
Other debts
+€69,454
Accrued charges and deferred income
-€2,536
Investment (derived)
-€15,579
Investment in fixed assets (net)
-€15,579
Financing
-€275,080
Debts after one year
-€74,839
Current portion of long-term debt
-€16,613
Contributions, distributions and other
-€183,629
Cash 2025
€92,932
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,929,398 | €1,880,684 | -€48,714 | -2.5% |
| Fixed assets | 21/28 | €1,755,303 | €1,690,276 | -€65,027 | -3.7% |
| Tangible fixed assets | 22/27 | €1,130,303 | €1,065,276 | -€65,027 | -5.8% |
| Land and buildings | 22 | €906,724 | €853,817 | -€52,907 | -5.8% |
| Plant, machinery and equipment | 23 | €2,195 | €756 | -€1,439 | -65.6% |
| Furniture and vehicles | 24 | €12,039 | €8,696 | -€3,343 | -27.8% |
| Leasing and similar rights | 25 | €189,598 | €168,531 | -€21,066 | -11.1% |
| Other tangible fixed assets | 26 | €19,747 | €33,476 | +€13,729 | +69.5% |
| Financial fixed assets | 28 | €625,000 | €625,000 | = | 0.0% |
| Current assets | 29/58 | €174,095 | €190,408 | +€16,313 | +9.4% |
| Amounts receivable within one year | 40/41 | €83,803 | €94,765 | +€10,961 | +13.1% |
| Trade receivables | 40 | €39,899 | €79,928 | +€40,030 | +100.3% |
| Other amounts receivable | 41 | €43,905 | €14,837 | -€29,068 | -66.2% |
| Cash at bank and in hand | 54/58 | €90,292 | €92,932 | +€2,640 | +2.9% |
| Deferred charges and accrued income | 490/1 | - | €2,711 | +€2,711 | |
| Total equity and liabilities | 10/49 | €1,929,398 | €1,880,684 | -€48,714 | -2.5% |
| Equity | 10/15 | €986,351 | €949,133 | -€37,218 | -3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €967,751 | €930,533 | -€37,218 | -3.8% |
| Tax-exempt reserves | 132 | €84,200 | - | -€84,200 | |
| Distributable reserves | 133 | €883,551 | €930,533 | +€46,982 | +5.3% |
| Amounts payable | 17/49 | €943,047 | €931,551 | -€11,496 | -1.2% |
| Amounts payable after more than one year | 17 | €767,562 | €692,723 | -€74,839 | -9.8% |
| Financial debts | 170/4 | €767,562 | €692,723 | -€74,839 | -9.8% |
| Amounts payable within one year | 42/48 | €163,671 | €229,550 | +€65,879 | +40.3% |
| Current portion of amounts payable after more than one year | 42 | €160,227 | €143,614 | -€16,613 | -10.4% |
| Trade debts | 44 | - | €2,696 | +€2,696 | |
| Suppliers | 440/4 | - | €2,696 | +€2,696 | |
| Taxes, remuneration and social security | 45 | €1,214 | €11,556 | +€10,342 | +851.7% |
| Taxes | 450/3 | €1,214 | €11,556 | +€10,342 | +851.7% |
| Other amounts payable | 47/48 | €2,230 | €71,684 | +€69,454 | +3114.2% |
| Accrued charges and deferred income | 492/3 | €11,814 | €9,278 | -€2,536 | -21.5% |
| Turnover | 70 | €446,465 | €447,550 | +€1,085 | +0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €118,789 | €118,732 | -€57 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,045 | €80,606 | -€4,439 | -5.2% |
| Other operating charges | 640/8 | €5,576 | €5,283 | -€293 | -5.3% |
| Gross operating margin | 9900 | €339,998 | €341,053 | +€1,055 | +0.3% |
| Operating profit (loss) | 9901 | €249,377 | €255,163 | +€5,787 | +2.3% |
| Financial income | 75/76B | €131 | €401 | +€270 | +206.1% |
| Recurring financial income | 75 | €131 | €401 | +€270 | +206.1% |
| Financial charges | 65/66B | €32,604 | €28,324 | -€4,280 | -13.1% |
| Recurring financial charges | 65 | €32,604 | €28,324 | -€4,280 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €216,904 | €227,241 | +€10,337 | +4.8% |
| Income taxes | 67/77 | €70,290 | €80,830 | +€10,540 | +15.0% |
| Profit (loss) for the period | 9904 | €146,614 | €146,410 | -€204 | -0.1% |
| Transfer from tax-exempt reserves | 789 | - | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €146,614 | €230,610 | +€83,996 | +57.3% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.