PSYCARD: 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.
PSYCARD
Largest movements
- Cash -€26,673
down €26,673 (-29.4%), from €90,773 to €64,100
mainly Trade debts (-€38,881) and Current investments (-€24,478)
- Current investments +€24,478
up €24,478 (+64.3%), from €38,074 to €62,551
- Tangible fixed assets -€16,933
down €16,933 (-22.0%), from €76,942 to €60,009
of which Leasing and similar rights: -€9,052
- Deferred charges and accrued income -€5,443
down €5,443 (-26.3%), from €20,664 to €15,221
- Trade debts -€38,881
no longer reported in 2024 (was €38,881)
- Reserves +€14,457
up €14,457 (+6.7%), from €215,594 to €230,052
- Current portion of long-term debt +€12,892
up €12,892 (+35.5%), from €36,315 to €49,207
- Other debts -€8,463
down €8,463 (-15.4%), from €55,021 to €46,558
- Tax, wage and social debts -€6,035
down €6,035 (-80.7%), from €7,480 to €1,446
- Gross operating margin -€60,158
down €60,158 (-48.5%), from €124,053 to €63,896
- Taxes -€16,140
down €16,140 (-47.1%), from €34,255 to €18,115
- Financial charges -€6,154
down €6,154 (-44.0%), from €13,992 to €7,838
- Depreciation -€2,524
down €2,524 (-10.0%), from €25,222 to €22,699
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €431,122 | €408,472 | -€22,651 | -5.3% |
| Fixed assets | 21/28 | €262,864 | €245,931 | -€16,933 | -6.4% |
| Tangible fixed assets | 22/27 | €76,942 | €60,009 | -€16,933 | -22.0% |
| Plant, machinery and equipment | 23 | €7,158 | €3,969 | -€3,190 | -44.6% |
| Furniture and vehicles | 24 | €9,148 | €7,990 | -€1,158 | -12.7% |
| Leasing and similar rights | 25 | €36,309 | €27,257 | -€9,052 | -24.9% |
| Other tangible fixed assets | 26 | €24,327 | €20,794 | -€3,533 | -14.5% |
| Financial fixed assets | 28 | €185,922 | €185,922 | = | 0.0% |
| Current assets | 29/58 | €168,258 | €162,541 | -€5,718 | -3.4% |
| Amounts receivable within one year | 40/41 | €18,748 | €20,668 | +€1,921 | +10.2% |
| Trade receivables | 40 | €8,088 | €2,542 | -€5,546 | -68.6% |
| Other amounts receivable | 41 | €10,660 | €18,126 | +€7,466 | +70.0% |
| Current investments | 50/53 | €38,074 | €62,551 | +€24,478 | +64.3% |
| Cash at bank and in hand | 54/58 | €90,773 | €64,100 | -€26,673 | -29.4% |
| Deferred charges and accrued income | 490/1 | €20,664 | €15,221 | -€5,443 | -26.3% |
| Total equity and liabilities | 10/49 | €431,122 | €408,472 | -€22,651 | -5.3% |
| Equity | 10/15 | €223,783 | €238,240 | +€14,457 | +6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €215,594 | €230,052 | +€14,457 | +6.7% |
| Distributable reserves | 133 | €215,594 | €230,052 | +€14,457 | +6.7% |
| Profit (loss) carried forward | 14 | €1,988 | €1,988 | = | 0.0% |
| Amounts payable | 17/49 | €207,340 | €170,232 | -€37,108 | -17.9% |
| Amounts payable after more than one year | 17 | €69,628 | €73,014 | +€3,386 | +4.9% |
| Financial debts | 170/4 | €69,628 | €73,014 | +€3,386 | +4.9% |
| Amounts payable within one year | 42/48 | €137,697 | €97,211 | -€40,486 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €36,315 | €49,207 | +€12,892 | +35.5% |
| Trade debts | 44 | €38,881 | - | -€38,881 | |
| Suppliers | 440/4 | €38,881 | - | -€38,881 | |
| Taxes, remuneration and social security | 45 | €7,480 | €1,446 | -€6,035 | -80.7% |
| Taxes | 450/3 | €7,480 | €1,446 | -€6,035 | -80.7% |
| Other amounts payable | 47/48 | €55,021 | €46,558 | -€8,463 | -15.4% |
| Accrued charges and deferred income | 492/3 | €15 | €7 | -€8 | -54.1% |
| Non-recurring operating income | 76A | €15,200 | - | -€15,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,222 | €22,699 | -€2,524 | -10.0% |
| Other operating charges | 640/8 | €1,474 | €959 | -€514 | -34.9% |
| Gross operating margin | 9900 | €124,053 | €63,896 | -€60,158 | -48.5% |
| Operating profit (loss) | 9901 | €97,357 | €40,238 | -€57,119 | -58.7% |
| Financial income | 75/76B | €8 | €172 | +€164 | +1963.1% |
| Recurring financial income | 75 | €8 | €172 | +€164 | +1963.1% |
| Financial charges | 65/66B | €13,992 | €7,838 | -€6,154 | -44.0% |
| Recurring financial charges | 65 | €13,992 | €7,838 | -€6,154 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €83,374 | €32,572 | -€50,802 | -60.9% |
| Income taxes | 67/77 | €34,255 | €18,115 | -€16,140 | -47.1% |
| Profit (loss) for the period | 9904 | €49,119 | €14,457 | -€34,661 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €49,119 | €14,457 | -€34,661 | -70.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.