PSYEDUC ET SENS: 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.
PSYEDUC ET SENS
Largest movements
- Cash +€48,018
up €48,018 (+105%), from €45,655 to €93,673
mainly Net result for the year (+€34,036) and Depreciation (+€10,383)
- Tangible fixed assets -€10,383
down €10,383 (-25.3%), from €41,108 to €30,725
- Receivables within one year +€1,697
up €1,697 (+13.9%), from €12,212 to €13,909
of which Trade receivables: +€1,697
- Reserves +€34,000
up €34,000 (+121%), from €28,000 to €62,000
- Tax, wage and social debts +€5,236
new in 2025: €5,236
- Other debts +€2,890
up €2,890 (+5.0%), from €57,787 to €60,677
- Trade debts -€2,515
down €2,515 (-74.8%), from €3,362 to €847
- Turnover +€17,576
up €17,576 (+13.6%), from €129,136 to €146,711
- Purchases and services +€11,201
up €11,201 (+14.5%), from €77,303 to €88,505
- Gross operating margin +€6,374
up €6,374 (+12.3%), from €51,832 to €58,207
- Taxes +€2,540
up €2,540 (+23.7%), from €10,696 to €13,236
- Other operating charges -€2,407
down €2,407 (-85.4%), from €2,818 to €411
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.
Derived cash bridge
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 | €99,204 | €138,851 | +€39,647 | +40.0% |
| Fixed assets | 21/28 | €41,108 | €30,725 | -€10,383 | -25.3% |
| Tangible fixed assets | 22/27 | €41,108 | €30,725 | -€10,383 | -25.3% |
| Furniture and vehicles | 24 | €41,108 | €30,725 | -€10,383 | -25.3% |
| Current assets | 29/58 | €58,096 | €108,126 | +€50,030 | +86.1% |
| Amounts receivable within one year | 40/41 | €12,212 | €13,909 | +€1,697 | +13.9% |
| Trade receivables | 40 | €11,908 | €13,606 | +€1,697 | +14.3% |
| Other amounts receivable | 41 | €304 | €304 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45,655 | €93,673 | +€48,018 | +105% |
| Deferred charges and accrued income | 490/1 | €229 | €543 | +€314 | +137% |
| Total equity and liabilities | 10/49 | €99,204 | €138,851 | +€39,647 | +40.0% |
| Equity | 10/15 | €38,055 | €72,091 | +€34,036 | +89.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €28,000 | €62,000 | +€34,000 | +121% |
| Distributable reserves | 133 | €28,000 | €62,000 | +€34,000 | +121% |
| Profit (loss) carried forward | 14 | €55 | €91 | +€36 | +66.2% |
| Amounts payable | 17/49 | €61,149 | €66,760 | +€5,610 | +9.2% |
| Amounts payable within one year | 42/48 | €61,149 | €66,760 | +€5,610 | +9.2% |
| Trade debts | 44 | €3,362 | €847 | -€2,515 | -74.8% |
| Suppliers | 440/4 | €3,362 | €847 | -€2,515 | -74.8% |
| Taxes, remuneration and social security | 45 | - | €5,236 | +€5,236 | |
| Taxes | 450/3 | - | €5,236 | +€5,236 | |
| Other amounts payable | 47/48 | €57,787 | €60,677 | +€2,890 | +5.0% |
| Turnover | 70 | €129,136 | €146,711 | +€17,576 | +13.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €77,303 | €88,505 | +€11,201 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,156 | €10,383 | +€227 | +2.2% |
| Other operating charges | 640/8 | €2,818 | €411 | -€2,407 | -85.4% |
| Gross operating margin | 9900 | €51,832 | €58,207 | +€6,374 | +12.3% |
| Operating profit (loss) | 9901 | €38,858 | €47,412 | +€8,554 | +22.0% |
| Financial charges | 65/66B | €107 | €140 | +€33 | +30.8% |
| Recurring financial charges | 65 | €107 | €140 | +€33 | +30.8% |
| Profit (loss) for the period before taxes | 9903 | €38,751 | €47,272 | +€8,521 | +22.0% |
| Income taxes | 67/77 | €10,696 | €13,236 | +€2,540 | +23.7% |
| Profit (loss) for the period | 9904 | €28,055 | €34,036 | +€5,982 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,055 | €34,036 | +€5,982 | +21.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.