Psyche: 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.
What changed
Psyche
NACE 88.999, Other social work without accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€549,248
2024 · -€1.6m+€1.1m
Equity
€2.3m
2024 · €2.8m-€549,248
Cash
€2.9m
2024 · €2.2m+€715,914
Balance sheet total
€4.0m
2024 · €4.2m-€185,348
Largest movements
Assets
- Receivables within one year -€900,879
down €900,879 (-49.9%), from €1.8m to €905,660
of which Other amounts receivable: -€682,340
- Cash +€715,914
up €715,914 (+32.8%), from €2.2m to €2.9m
mainly Receivables within one year (+€900,879) and Debts within one year (+€343,213)
Equity and liabilities
- Debts within one year +€343,213
up €343,213 (+27.7%), from €1.2m to €1.6m
of which Tax, wage and social debts: +€259,043
- Reserves -€303,255
down €303,255 (-11.5%), from €2.6m to €2.3m
- Profit (loss) carried forward -€245,993
new in 2025: -€245,993
- Provisions +€42,435
up €42,435 (+108.8%), from €39,000 to €81,435
Income statement
- Other operating income -€322,086
down €322,086 (-29.0%), from €1.1m to €790,017
- Staff costs +€154,626
up €154,626 (+3.9%), from €4.0m to €4.1m
- Other operating charges +€136,846
up €136,846 (+841.4%), from €16,264 to €153,110
- Services and other goods +€110,524
up €110,524 (+6.2%), from €1.8m to €1.9m
- Turnover -€49,450
down €49,450 (-28.2%), from €175,660 to €126,211
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
-€1.6m
Turnover
-€49,450
Other operating income
-€322,086
Services and other goods
-€110,524
Staff costs
-€154,626
Depreciation
+€7,398
Other operating charges
-€136,846
Other operating items
+€1.9m
Financial income
-€12,650
Financial charges
-€13,838
Taxes
+€73
Result 2025
-€549,248
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
+€737,825
Investment
-€21,911
Financing
-€0
Cash 2024
€2.2m
From operations (derived)
+€737,825
Net result for the year
-€549,248
Depreciation
+€36,964
Receivables within one year
+€900,879
Deferred charges and accrued income
-€14,670
Provisions
+€42,435
Debts within one year
+€343,213
Accrued charges and deferred income
-€21,748
Investment (derived)
-€21,911
Investment in fixed assets (net)
-€21,911
Financing
-€0
Contributions, distributions and other
-€0
Cash 2025
€2.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,178,692 | €3,993,344 | -€185,348 | -4.4% |
| Fixed assets | 21/28 | €166,121 | €151,068 | -€15,053 | -9.1% |
| Intangible fixed assets | 21 | €25,086 | €17,748 | -€7,338 | -29.3% |
| Tangible fixed assets | 22/27 | €76,133 | €69,818 | -€6,315 | -8.3% |
| Land and buildings | 22 | €31,606 | €31,606 | +€0 | 0.0% |
| Furniture and vehicles | 24 | €44,527 | €38,212 | -€6,315 | -14.2% |
| Financial fixed assets | 28 | €64,902 | €63,502 | -€1,400 | -2.2% |
| Other financial fixed assets | 284/8 | €64,902 | €63,502 | -€1,400 | -2.2% |
| Amounts receivable and cash guarantees | 285/8 | €64,902 | €63,502 | -€1,400 | -2.2% |
| Current assets | 29/58 | €4,012,571 | €3,842,276 | -€170,295 | -4.2% |
| Amounts receivable within one year | 40/41 | €1,806,539 | €905,660 | -€900,879 | -49.9% |
| Trade receivables | 40 | €490,565 | €272,026 | -€218,539 | -44.5% |
| Other amounts receivable | 41 | €1,315,974 | €633,634 | -€682,340 | -51.9% |
| Cash at bank and in hand | 54/58 | €2,183,416 | €2,899,330 | +€715,914 | +32.8% |
| Deferred charges and accrued income | 490/1 | €22,616 | €37,286 | +€14,670 | +64.9% |
| Total equity and liabilities | 10/49 | €4,178,692 | €3,993,344 | -€185,348 | -4.4% |
| Equity | 10/15 | €2,808,380 | €2,259,132 | -€549,248 | -19.6% |
| Contributions | 10/11 | €164,480 | €164,480 | +€0 | 0.0% |
| Capital | 10 | €164,480 | €164,480 | +€0 | 0.0% |
| Reserves | 13 | €2,643,900 | €2,340,645 | -€303,255 | -11.5% |
| Profit (loss) carried forward | 14 | - | -€245,993 | -€245,993 | |
| Provisions and deferred taxes | 16 | €39,000 | €81,435 | +€42,435 | +108.8% |
| Provisions for liabilities and charges | 160/5 | €39,000 | €81,435 | +€42,435 | +108.8% |
| Major repairs and maintenance | 162 | €39,000 | €81,435 | +€42,435 | +108.8% |
| Amounts payable | 17/49 | €1,331,312 | €1,652,777 | +€321,465 | +24.1% |
| Amounts payable within one year | 42/48 | €1,238,435 | €1,581,648 | +€343,213 | +27.7% |
| Trade debts | 44 | €576,416 | €691,527 | +€115,111 | +20.0% |
| Suppliers | 440/4 | €576,416 | €691,527 | +€115,111 | +20.0% |
| Taxes, remuneration and social security | 45 | €563,847 | €822,890 | +€259,043 | +45.9% |
| Taxes | 450/3 | €45,479 | €105,459 | +€59,980 | +131.9% |
| Remuneration and social security | 454/9 | €518,368 | €717,431 | +€199,063 | +38.4% |
| Accrued charges and deferred income | 492/3 | €92,877 | €71,129 | -€21,748 | -23.4% |
| Operating income | 70/76A | €5,813,023 | €5,713,752 | -€99,271 | -1.7% |
| Turnover | 70 | €175,660 | €126,211 | -€49,450 | -28.2% |
| Other operating income | 74 | €1,112,103 | €790,017 | -€322,086 | -29.0% |
| Non-recurring operating income | 76A | €335,564 | - | -€335,564 | |
| Operating charges | 60/66A | €7,477,825 | €6,276,526 | -€1.2m | -16.1% |
| Services and other goods | 61 | €1,792,734 | €1,903,258 | +€110,524 | +6.2% |
| Remuneration, social security and pensions | 62 | €3,983,251 | €4,137,877 | +€154,626 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,362 | €36,964 | -€7,398 | -16.7% |
| Other operating charges | 640/8 | €16,264 | €153,110 | +€136,846 | +841.4% |
| Non-recurring operating charges | 66A | €1,602,214 | €2,882 | -€1.6m | -99.8% |
| Operating profit (loss) | 9901 | -€1,664,802 | -€562,775 | +€1.1m | +66.2% |
| Financial income | 75/76B | €33,927 | €21,277 | -€12,650 | -37.3% |
| Recurring financial income | 75 | €33,927 | €21,277 | -€12,650 | -37.3% |
| Income from current assets | 751 | €21,250 | €21,000 | -€250 | -1.2% |
| Other financial income | 752/9 | €12,677 | €277 | -€12,400 | -97.8% |
| Financial charges | 65/66B | -€12,388 | €1,450 | +€13,838 | |
| Recurring financial charges | 65 | -€12,388 | €1,450 | +€13,838 | |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€23,601 | - | +€23,601 | |
| Other financial charges | 652/9 | €11,213 | €1,450 | -€9,763 | -87.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,618,487 | -€542,948 | +€1.1m | +66.5% |
| Income taxes | 67/77 | €6,373 | €6,300 | -€73 | -1.1% |
| Taxes | 670/3 | €6,373 | €6,300 | -€73 | -1.1% |
| Profit (loss) for the period | 9904 | -€1,624,860 | -€549,248 | +€1.1m | +66.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,624,860 | -€549,248 | +€1.1m | +66.2% |
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 30 September 2026 via checked.be.