PSYLANG: 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.
PSYLANG
Largest movements
- Receivables within one year -€29,040
down €29,040 (-52.9%), from €54,921 to €25,880
of which Trade receivables: -€20,708
- Tangible fixed assets -€21,471
down €21,471 (-4.0%), from €532,018 to €510,547
of which Land and buildings: -€14,122
- Financial fixed assets -€17,208
down €17,208 (-99.6%), from €17,285 to €76
- Cash -€9,196
down €9,196 (-16.6%), from €55,546 to €46,350
mainly Contributions, distributions and other (-€45,000) and Current portion of long-term debt (-€13,805)
- Reserves -€45,000
down €45,000 (-10.8%), from €418,360 to €373,360
of which Distributable reserves: -€45,000
- Current portion of long-term debt -€13,805
down €13,805 (-73.8%), from €18,696 to €4,891
- Trade debts -€9,669
down €9,669 (-83.3%), from €11,604 to €1,935
- Tax, wage and social debts -€8,266
down €8,266 (-64.5%), from €12,810 to €4,545
- Other debts +€7,700
up €7,700 (+6,275%), from €123 to €7,823
- Gross operating margin -€19,251
down €19,251 (-32.7%), from €58,951 to €39,701
- Financial charges -€4,161
down €4,161 (-32.7%), from €12,708 to €8,547
- Other operating charges -€2,029
down €2,029 (-33.0%), from €6,154 to €4,125
- Staff costs -€1,251
down €1,251 (-65.1%), from €1,920 to €669
- Taxes -€853
down €853 (-23.8%), from €3,580 to €2,727
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 | €661,649 | €588,500 | -€73,149 | -11.1% |
| Fixed assets | 21/28 | €549,303 | €510,624 | -€38,679 | -7.0% |
| Tangible fixed assets | 22/27 | €532,018 | €510,547 | -€21,471 | -4.0% |
| Land and buildings | 22 | €500,318 | €486,197 | -€14,122 | -2.8% |
| Furniture and vehicles | 24 | €31,700 | €24,350 | -€7,349 | -23.2% |
| Financial fixed assets | 28 | €17,285 | €76 | -€17,208 | -99.6% |
| Current assets | 29/58 | €112,346 | €77,876 | -€34,469 | -30.7% |
| Amounts receivable within one year | 40/41 | €54,921 | €25,880 | -€29,040 | -52.9% |
| Trade receivables | 40 | €46,588 | €25,880 | -€20,708 | -44.4% |
| Other amounts receivable | 41 | €8,333 | - | -€8,333 | |
| Cash at bank and in hand | 54/58 | €55,546 | €46,350 | -€9,196 | -16.6% |
| Deferred charges and accrued income | 490/1 | €1,879 | €5,646 | +€3,767 | +201% |
| Total equity and liabilities | 10/49 | €661,649 | €588,500 | -€73,149 | -11.1% |
| Equity | 10/15 | €433,066 | €389,378 | -€43,688 | -10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €418,360 | €373,360 | -€45,000 | -10.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €416,500 | €371,500 | -€45,000 | -10.8% |
| Profit (loss) carried forward | 14 | €8,506 | €9,818 | +€1,312 | +15.4% |
| Amounts payable | 17/49 | €228,583 | €199,122 | -€29,461 | -12.9% |
| Amounts payable after more than one year | 17 | €183,609 | €178,719 | -€4,891 | -2.7% |
| Financial debts | 170/4 | €183,609 | €178,719 | -€4,891 | -2.7% |
| Amounts payable within one year | 42/48 | €43,233 | €19,193 | -€24,040 | -55.6% |
| Current portion of amounts payable after more than one year | 42 | €18,696 | €4,891 | -€13,805 | -73.8% |
| Trade debts | 44 | €11,604 | €1,935 | -€9,669 | -83.3% |
| Suppliers | 440/4 | €11,604 | €1,935 | -€9,669 | -83.3% |
| Taxes, remuneration and social security | 45 | €12,810 | €4,545 | -€8,266 | -64.5% |
| Taxes | 450/3 | €12,810 | €4,545 | -€8,266 | -64.5% |
| Other amounts payable | 47/48 | €123 | €7,823 | +€7,700 | +6,275% |
| Accrued charges and deferred income | 492/3 | €1,740 | €1,210 | -€530 | -30.5% |
| Remuneration, social security and pensions | 62 | €1,920 | €669 | -€1,251 | -65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,759 | €22,466 | +€707 | +3.2% |
| Other operating charges | 640/8 | €6,154 | €4,125 | -€2,029 | -33.0% |
| Non-recurring operating charges | 66A | €8,997 | - | -€8,997 | |
| Gross operating margin | 9900 | €58,951 | €39,701 | -€19,251 | -32.7% |
| Operating profit (loss) | 9901 | €20,121 | €12,441 | -€7,680 | -38.2% |
| Financial income | 75/76B | €1 | €145 | +€144 | +9,829% |
| Recurring financial income | 75 | €1 | €145 | +€144 | +9,829% |
| Financial charges | 65/66B | €12,708 | €8,547 | -€4,161 | -32.7% |
| Recurring financial charges | 65 | €12,708 | €8,547 | -€4,161 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €7,415 | €4,039 | -€3,375 | -45.5% |
| Income taxes | 67/77 | €3,580 | €2,727 | -€853 | -23.8% |
| Profit (loss) for the period | 9904 | €3,835 | €1,312 | -€2,523 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,835 | €1,312 | -€2,523 | -65.8% |
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 23 October 2026 via checked.be.