PSYKHEOPS: 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.
PSYKHEOPS
Largest movements
- Receivables within one year +€8,647
up €8,647 (+42.3%), from €20,443 to €29,090
of which Other amounts receivable: +€12,090
- Cash -€8,069
down €8,069 (-16.6%), from €48,526 to €40,457
mainly Contributions, distributions and other (-€14,286) and Investment in fixed assets (net) (-€11,134)
- Intangible fixed assets -€7,890
down €7,890 (-11.1%), from €71,010 to €63,120
- Tangible fixed assets -€2,106
down €2,106 (-4.4%), from €47,857 to €45,750
of which Plant, machinery and equipment: -€1,859
- Reserves -€14,811
down €14,811 (-18.1%), from €81,751 to €66,940
of which Distributable reserves: -€44,811
- Other debts +€10,658
new in 2025: €10,658
- Debts after one year -€7,526
down €7,526 (-9.1%), from €82,636 to €75,110
- Gross operating margin -€11,583
down €11,583 (-29.8%), from €38,822 to €27,240
- Taxes -€3,041
down €3,041, from €2,951 to -€90
- Depreciation +€1,160
up €1,160 (+5.8%), from €19,970 to €21,130
- Financial charges -€462
down €462 (-9.5%), from €4,840 to €4,378
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 | €193,572 | €182,791 | -€10,781 | -5.6% |
| Fixed assets | 21/28 | €121,867 | €111,870 | -€9,996 | -8.2% |
| Intangible fixed assets | 21 | €71,010 | €63,120 | -€7,890 | -11.1% |
| Tangible fixed assets | 22/27 | €47,857 | €45,750 | -€2,106 | -4.4% |
| Plant, machinery and equipment | 23 | €45,979 | €44,120 | -€1,859 | -4.0% |
| Furniture and vehicles | 24 | €1,877 | €1,630 | -€247 | -13.2% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €71,706 | €70,921 | -€785 | -1.1% |
| Amounts receivable within one year | 40/41 | €20,443 | €29,090 | +€8,647 | +42.3% |
| Trade receivables | 40 | €3,443 | - | -€3,443 | |
| Other amounts receivable | 41 | €17,000 | €29,090 | +€12,090 | +71.1% |
| Cash at bank and in hand | 54/58 | €48,526 | €40,457 | -€8,069 | -16.6% |
| Deferred charges and accrued income | 490/1 | €2,737 | €1,374 | -€1,362 | -49.8% |
| Total equity and liabilities | 10/49 | €193,572 | €182,791 | -€10,781 | -5.6% |
| Equity | 10/15 | €100,351 | €85,540 | -€14,811 | -14.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,751 | €66,940 | -€14,811 | -18.1% |
| Non-distributable reserves | 130/1 | €1,860 | €31,860 | +€30,000 | +1612.9% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | - | €30,000 | +€30,000 | |
| Distributable reserves | 133 | €79,891 | €35,080 | -€44,811 | -56.1% |
| Amounts payable | 17/49 | €93,221 | €97,251 | +€4,030 | +4.3% |
| Amounts payable after more than one year | 17 | €82,636 | €75,110 | -€7,526 | -9.1% |
| Financial debts | 170/4 | €82,636 | €75,110 | -€7,526 | -9.1% |
| Amounts payable within one year | 42/48 | €10,586 | €22,141 | +€11,556 | +109.2% |
| Financial debts | 43 | €6,556 | €6,556 | = | 0.0% |
| Credit institutions | 430/8 | €6,556 | €6,556 | = | 0.0% |
| Trade debts | 44 | €757 | €642 | -€115 | -15.2% |
| Suppliers | 440/4 | €757 | €642 | -€115 | -15.2% |
| Taxes, remuneration and social security | 45 | €3,272 | €4,286 | +€1,013 | +31.0% |
| Taxes | 450/3 | €3,272 | €4,286 | +€1,013 | +31.0% |
| Other amounts payable | 47/48 | - | €10,658 | +€10,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,970 | €21,130 | +€1,160 | +5.8% |
| Other operating charges | 640/8 | €2,270 | €2,346 | +€76 | +3.3% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €38,822 | €27,240 | -€11,583 | -29.8% |
| Operating profit (loss) | 9901 | €16,519 | €3,763 | -€12,756 | -77.2% |
| Financial charges | 65/66B | €4,840 | €4,378 | -€462 | -9.5% |
| Recurring financial charges | 65 | €4,840 | €4,378 | -€462 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €11,679 | -€615 | -€12,294 | |
| Income taxes | 67/77 | €2,951 | -€90 | -€3,041 | |
| Profit (loss) for the period | 9904 | €8,727 | -€525 | -€9,253 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,727 | -€525 | -€9,253 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.