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PSYGEN: 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

PSYGEN

BE 0692.810.622
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€231,384
2023 · €130,786+€100,598
Equity
€20,650
2023 · €20,766-€116
Cash
€326,849
2023 · €235,667+€91,182
Balance sheet total
€448,915
2023 · €300,350+€148,565

Largest movements

2023 to 2024
Assets
  • Cash +€91,182

    up €91,182 (+38.7%), from €235,667 to €326,849

    mainly Net result for the year (+€231,384) and Other debts (+€134,243)

  • Deferred charges and accrued income +€56,320

    up €56,320 (+94.8%), from €59,402 to €115,722

Equity and liabilities
  • Other debts +€134,243

    up €134,243 (+54.5%), from €246,230 to €380,473

  • Tax, wage and social debts +€14,372

    up €14,372 (+63.6%), from €22,611 to €36,983

Income statement
  • Gross operating margin +€138,334

    up €138,334 (+74.6%), from €185,421 to €323,755

  • Taxes +€34,372

    up €34,372 (+68.8%), from €49,986 to €84,358

  • Financial charges +€3,694

    up €3,694 (+864.8%), from €427 to €4,121

From the 2023 result to the 2024 result

effect on the 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 2023 €130,786
Gross operating margin +€138,334
Depreciation -€24
Other operating charges +€354
Financial charges -€3,694
Taxes -€34,372
Result 2024 €231,384

Cash bridge derived

cash 2023 to 2024

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.

From operations +€326,343
Investment -€4,508
Financing -€230,653
Cash 2023 €235,667
Net result for the year +€231,384
Depreciation +€3,503
Smaller working-capital items -€139
Deferred charges and accrued income -€56,320
Trade debts -€700
Tax, wage and social debts +€14,372
Other debts +€134,243
Investment in fixed assets (net) -€4,508
Current portion of long-term debt +€797
Short-term financial debts +€50
Contributions, distributions and other -€231,500
Cash 2024 €326,849
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €300,350 €448,915 +€148,565 +49.5%
Fixed assets 21/28 €5,281 €6,286 +€1,005 +19.0%
Tangible fixed assets 22/27 €5,281 €6,286 +€1,005 +19.0%
Furniture and vehicles 24 €3,177 €4,817 +€1,640 +51.6%
Other tangible fixed assets 26 €2,105 €1,469 -€635 -30.2%
Current assets 29/58 €295,069 €442,629 +€147,560 +50.0%
Amounts receivable within one year 40/41 - €58 +€58
Trade receivables 40 - €58 +€58
Cash at bank and in hand 54/58 €235,667 €326,849 +€91,182 +38.7%
Deferred charges and accrued income 490/1 €59,402 €115,722 +€56,320 +94.8%
Total equity and liabilities 10/49 €300,350 €448,915 +€148,565 +49.5%
Equity 10/15 €20,766 €20,650 -€116 -0.6%
Contributions 10/11 €20,460 €20,460 = 0.0%
Profit (loss) carried forward 14 €306 €190 -€116 -37.8%
Amounts payable 17/49 €279,584 €428,265 +€148,680 +53.2%
Amounts payable within one year 42/48 €279,503 €428,265 +€148,761 +53.2%
Current portion of amounts payable after more than one year 42 €9,387 €10,183 +€797 +8.5%
Financial debts 43 €574 €624 +€50 +8.7%
Credit institutions 430/8 €574 €624 +€50 +8.7%
Trade debts 44 €701 €1 -€700 -99.9%
Suppliers 440/4 €701 €1 -€700 -99.9%
Taxes, remuneration and social security 45 €22,611 €36,983 +€14,372 +63.6%
Taxes 450/3 €22,611 €36,983 +€14,372 +63.6%
Other amounts payable 47/48 €246,230 €380,473 +€134,243 +54.5%
Accrued charges and deferred income 492/3 €81 - -€81
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,480 €3,503 +€24 +0.7%
Other operating charges 640/8 €741 €387 -€354 -47.8%
Gross operating margin 9900 €185,421 €323,755 +€138,334 +74.6%
Operating profit (loss) 9901 €181,200 €319,864 +€138,664 +76.5%
Financial charges 65/66B €427 €4,121 +€3,694 +864.8%
Recurring financial charges 65 €427 €4,121 +€3,694 +864.8%
Profit (loss) for the period before taxes 9903 €180,773 €315,743 +€134,970 +74.7%
Income taxes 67/77 €49,986 €84,358 +€34,372 +68.8%
Profit (loss) for the period 9904 €130,786 €231,384 +€100,598 +76.9%
Profit (loss) for the period to be appropriated 9905 €130,786 €231,384 +€100,598 +76.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.