PSY GO: 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 GO
Largest movements
- Cash +€6,305
up €6,305 (+72.2%), from €8,734 to €15,038
mainly Depreciation (+€8,207) and Deferred charges and accrued income (+€4,144)
- Tangible fixed assets -€5,501
down €5,501 (-29.8%), from €18,468 to €12,966
- Deferred charges and accrued income -€4,144
down €4,144 (-91.9%), from €4,507 to €363
- Receivables within one year +€4,118
new in 2025: €4,118
of which Other amounts receivable: +€2,984
- Other debts -€6,198
down €6,198 (-69.1%), from €8,965 to €2,767
- Profit (loss) carried forward +€4,041
up €4,041 (+30.3%), from €13,315 to €17,356
- Tax, wage and social debts +€2,995
up €2,995 (+47.0%), from €6,369 to €9,363
- Gross operating margin -€7,848
down €7,848 (-32.1%), from €24,428 to €16,581
- Depreciation +€2,784
up €2,784 (+51.3%), from €5,423 to €8,207
- Taxes -€1,124
down €1,124 (-27.3%), from €4,119 to €2,995
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 | €31,709 | €32,486 | +€777 | +2.5% |
| Fixed assets | 21/28 | €18,468 | €12,966 | -€5,501 | -29.8% |
| Tangible fixed assets | 22/27 | €18,468 | €12,966 | -€5,501 | -29.8% |
| Furniture and vehicles | 24 | €18,468 | €12,966 | -€5,501 | -29.8% |
| Current assets | 29/58 | €13,241 | €19,519 | +€6,279 | +47.4% |
| Amounts receivable within one year | 40/41 | - | €4,118 | +€4,118 | |
| Trade receivables | 40 | - | €1,134 | +€1,134 | |
| Other amounts receivable | 41 | - | €2,984 | +€2,984 | |
| Cash at bank and in hand | 54/58 | €8,734 | €15,038 | +€6,305 | +72.2% |
| Deferred charges and accrued income | 490/1 | €4,507 | €363 | -€4,144 | -91.9% |
| Total equity and liabilities | 10/49 | €31,709 | €32,486 | +€777 | +2.5% |
| Equity | 10/15 | €15,315 | €19,356 | +€4,041 | +26.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,315 | €17,356 | +€4,041 | +30.3% |
| Amounts payable | 17/49 | €16,393 | €13,130 | -€3,263 | -19.9% |
| Amounts payable within one year | 42/48 | €15,393 | €12,130 | -€3,263 | -21.2% |
| Trade debts | 44 | €60 | - | -€60 | |
| Suppliers | 440/4 | €60 | - | -€60 | |
| Taxes, remuneration and social security | 45 | €6,369 | €9,363 | +€2,995 | +47.0% |
| Taxes | 450/3 | €6,369 | €9,363 | +€2,995 | +47.0% |
| Other amounts payable | 47/48 | €8,965 | €2,767 | -€6,198 | -69.1% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €807 | +€807 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,423 | €8,207 | +€2,784 | +51.3% |
| Other operating charges | 640/8 | €1,496 | €1,256 | -€240 | -16.0% |
| Gross operating margin | 9900 | €24,428 | €16,581 | -€7,848 | -32.1% |
| Operating profit (loss) | 9901 | €17,510 | €7,117 | -€10,393 | -59.4% |
| Financial charges | 65/66B | €76 | €82 | +€6 | +8.1% |
| Recurring financial charges | 65 | €76 | €82 | +€6 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €17,434 | €7,035 | -€10,399 | -59.6% |
| Income taxes | 67/77 | €4,119 | €2,995 | -€1,124 | -27.3% |
| Profit (loss) for the period | 9904 | €13,315 | €4,041 | -€9,275 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,315 | €4,041 | -€9,275 | -69.7% |
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 1 October 2026 via checked.be.