PSYCHELEX: 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.
PSYCHELEX
Largest movements
- Cash +€73,872
up €73,872 (+54.7%), from €135,080 to €208,952
mainly Net result for the year (+€106,122) and Other debts (+€16,841)
- Receivables within one year +€20,787
up €20,787 (+26.3%), from €79,123 to €99,910
of which Trade receivables: +€21,049
- Tangible fixed assets -€10,302
down €10,302 (-9.1%), from €113,305 to €103,003
- Reserves +€50,000
up €50,000 (+18.4%), from €271,860 to €321,860
- Other debts +€16,841
up €16,841 (+75.4%), from €22,333 to €39,174
- Tax, wage and social debts +€11,524
up €11,524 (+24.4%), from €47,298 to €58,822
- Profit (loss) carried forward +€6,122
up €6,122 (+4.3%), from €141,492 to €147,614
- Gross operating margin +€20,912
up €20,912 (+17.5%), from €119,272 to €140,184
- Taxes +€5,058
up €5,058 (+31.7%), from €15,976 to €21,034
- Other operating charges -€1,736
down €1,736 (-68.0%), from €2,553 to €817
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 | €495,383 | €579,870 | +€84,487 | +17.1% |
| Fixed assets | 21/28 | €113,305 | €103,003 | -€10,302 | -9.1% |
| Tangible fixed assets | 22/27 | €113,305 | €103,003 | -€10,302 | -9.1% |
| Land and buildings | 22 | €113,305 | €103,003 | -€10,302 | -9.1% |
| Current assets | 29/58 | €382,078 | €476,867 | +€94,789 | +24.8% |
| Amounts receivable within one year | 40/41 | €79,123 | €99,910 | +€20,787 | +26.3% |
| Trade receivables | 40 | €78,861 | €99,910 | +€21,049 | +26.7% |
| Other amounts receivable | 41 | €262 | - | -€262 | |
| Current investments | 50/53 | €166,815 | €166,815 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €135,080 | €208,952 | +€73,872 | +54.7% |
| Deferred charges and accrued income | 490/1 | €1,060 | €1,190 | +€130 | +12.3% |
| Total equity and liabilities | 10/49 | €495,383 | €579,870 | +€84,487 | +17.1% |
| Equity | 10/15 | €425,752 | €481,874 | +€56,122 | +13.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €271,860 | €321,860 | +€50,000 | +18.4% |
| Non-distributable reserves | 130/1 | €271,860 | €321,860 | +€50,000 | +18.4% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €270,000 | €320,000 | +€50,000 | +18.5% |
| Profit (loss) carried forward | 14 | €141,492 | €147,614 | +€6,122 | +4.3% |
| Amounts payable | 17/49 | €69,631 | €97,996 | +€28,365 | +40.7% |
| Amounts payable within one year | 42/48 | €69,631 | €97,996 | +€28,365 | +40.7% |
| Taxes, remuneration and social security | 45 | €47,298 | €58,822 | +€11,524 | +24.4% |
| Taxes | 450/3 | €47,298 | €58,822 | +€11,524 | +24.4% |
| Other amounts payable | 47/48 | €22,333 | €39,174 | +€16,841 | +75.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,302 | €11,587 | +€1,285 | +12.5% |
| Other operating charges | 640/8 | €2,553 | €817 | -€1,736 | -68.0% |
| Gross operating margin | 9900 | €119,272 | €140,184 | +€20,912 | +17.5% |
| Operating profit (loss) | 9901 | €106,417 | €127,780 | +€21,363 | +20.1% |
| Financial charges | 65/66B | €664 | €624 | -€40 | -6.0% |
| Recurring financial charges | 65 | €664 | €624 | -€40 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €105,753 | €127,156 | +€21,403 | +20.2% |
| Income taxes | 67/77 | €15,976 | €21,034 | +€5,058 | +31.7% |
| Profit (loss) for the period | 9904 | €89,777 | €106,122 | +€16,345 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €89,777 | €106,122 | +€16,345 | +18.2% |
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 29 September 2026 via checked.be.