Psy.brussels: what changed
Two fiscal 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.brussels
Largest movements
- Receivables within one year +€42,211
up €42,211 (+3274.9%), from €1,289 to €43,500
of which Trade receivables: +€43,500
- Cash -€7,329
down €7,329 (-38.2%), from €19,188 to €11,859
mainly Receivables within one year (-€42,211) and Investment in fixed assets (net) (-€4,784)
- Deferred charges and accrued income +€1,211
up €1,211 (+566.6%), from €214 to €1,424
- Tangible fixed assets +€785
up €785 (+4.5%), from €17,509 to €18,295
of which Other tangible fixed assets: +€1,762
- Other debts +€27,731
new in 2025: €27,731
- Profit (loss) carried forward +€5,413
up €5,413 (+16.2%), from €33,486 to €38,899
- Tax, wage and social debts +€3,730
new in 2025: €3,730
- Gross operating margin -€4,202
down €4,202 (-26.3%), from €15,983 to €11,780
- Depreciation +€1,278
up €1,278 (+47.0%), from €2,720 to €3,998
- Taxes -€749
down €749 (-29.6%), from €2,531 to €1,782
- Staff costs -€464
no longer reported in 2025 (was €464)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,200 | €75,078 | +€36,878 | +96.5% |
| Fixed assets | 21/28 | €17,509 | €18,295 | +€785 | +4.5% |
| Tangible fixed assets | 22/27 | €17,509 | €18,295 | +€785 | +4.5% |
| Furniture and vehicles | 24 | €4,013 | €3,036 | -€976 | -24.3% |
| Other tangible fixed assets | 26 | €13,497 | €15,258 | +€1,762 | +13.1% |
| Current assets | 29/58 | €20,690 | €56,783 | +€36,093 | +174.4% |
| Amounts receivable within one year | 40/41 | €1,289 | €43,500 | +€42,211 | +3274.9% |
| Trade receivables | 40 | - | €43,500 | +€43,500 | |
| Other amounts receivable | 41 | €1,289 | - | -€1,289 | |
| Cash at bank and in hand | 54/58 | €19,188 | €11,859 | -€7,329 | -38.2% |
| Deferred charges and accrued income | 490/1 | €214 | €1,424 | +€1,211 | +566.6% |
| Total equity and liabilities | 10/49 | €38,200 | €75,078 | +€36,878 | +96.5% |
| Equity | 10/15 | €37,986 | €43,399 | +€5,413 | +14.2% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,486 | €38,899 | +€5,413 | +16.2% |
| Amounts payable | 17/49 | €214 | €31,679 | +€31,465 | +14728.0% |
| Amounts payable within one year | 42/48 | €214 | €31,679 | +€31,465 | +14728.0% |
| Trade debts | 44 | €214 | €218 | +€4 | +1.9% |
| Suppliers | 440/4 | €214 | €218 | +€4 | +1.9% |
| Taxes, remuneration and social security | 45 | - | €3,730 | +€3,730 | |
| Taxes | 450/3 | - | €3,730 | +€3,730 | |
| Other amounts payable | 47/48 | - | €27,731 | +€27,731 | |
| Remuneration, social security and pensions | 62 | €464 | - | -€464 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,720 | €3,998 | +€1,278 | +47.0% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €15,983 | €11,780 | -€4,202 | -26.3% |
| Operating profit (loss) | 9901 | €12,347 | €7,317 | -€5,031 | -40.7% |
| Financial income | 75/76B | €115 | - | -€115 | |
| Recurring financial income | 75 | €115 | - | -€115 | |
| Financial charges | 65/66B | €97 | €121 | +€24 | +25.0% |
| Recurring financial charges | 65 | €97 | €121 | +€24 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | €12,366 | €7,195 | -€5,170 | -41.8% |
| Income taxes | 67/77 | €2,531 | €1,782 | -€749 | -29.6% |
| Profit (loss) for the period | 9904 | €9,834 | €5,413 | -€4,421 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,834 | €5,413 | -€4,421 | -45.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.