PSYNERGIES: 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.
PSYNERGIES
Largest movements
- Receivables within one year -€7,694
down €7,694 (-90.5%), from €8,497 to €804
of which Trade receivables: -€7,697
- Cash -€7,370
down €7,370 (-77.9%), from €9,463 to €2,092
mainly Investment in fixed assets (net) (-€9,233) and Current portion of long-term debt (-€6,731)
- Deferred charges and accrued income -€6,000
no longer reported in 2025 (was €6,000)
- Tangible fixed assets +€5,765
up €5,765 (+22.9%), from €25,198 to €30,963
- Current portion of long-term debt -€6,731
no longer reported in 2025 (was €6,731)
- Trade debts -€4,868
down €4,868 (-64.7%), from €7,529 to €2,661
- Profit (loss) carried forward -€3,049
down €3,049 (-12.4%), from €24,526 to €21,477
- Accrued charges and deferred income -€1,949
no longer reported in 2025 (was €1,949)
- Tax, wage and social debts +€939
up €939 (+87.3%), from €1,076 to €2,014
- Gross operating margin -€10,312
down €10,312 (-87.3%), from €11,817 to €1,505
- Taxes -€2,386
down €2,386, from €2,383 to -€4
- Other operating charges +€154
up €154 (+28.1%), from €549 to €703
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 | €49,158 | €33,859 | -€15,299 | -31.1% |
| Fixed assets | 21/28 | €25,198 | €30,963 | +€5,765 | +22.9% |
| Tangible fixed assets | 22/27 | €25,198 | €30,963 | +€5,765 | +22.9% |
| Other tangible fixed assets | 26 | €25,198 | €30,963 | +€5,765 | +22.9% |
| Current assets | 29/58 | €23,960 | €2,896 | -€21,064 | -87.9% |
| Amounts receivable within one year | 40/41 | €8,497 | €804 | -€7,694 | -90.5% |
| Trade receivables | 40 | €7,697 | - | -€7,697 | |
| Other amounts receivable | 41 | €800 | €804 | +€4 | +0.5% |
| Cash at bank and in hand | 54/58 | €9,463 | €2,092 | -€7,370 | -77.9% |
| Deferred charges and accrued income | 490/1 | €6,000 | - | -€6,000 | |
| Total equity and liabilities | 10/49 | €49,158 | €33,859 | -€15,299 | -31.1% |
| Equity | 10/15 | €31,126 | €28,077 | -€3,049 | -9.8% |
| Contributions | 10/11 | €6,600 | €6,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,526 | €21,477 | -€3,049 | -12.4% |
| Amounts payable | 17/49 | €18,032 | €5,781 | -€12,250 | -67.9% |
| Amounts payable within one year | 42/48 | €16,083 | €5,781 | -€10,302 | -64.1% |
| Current portion of amounts payable after more than one year | 42 | €6,731 | - | -€6,731 | |
| Trade debts | 44 | €7,529 | €2,661 | -€4,868 | -64.7% |
| Suppliers | 440/4 | €7,529 | €2,661 | -€4,868 | -64.7% |
| Taxes, remuneration and social security | 45 | €1,076 | €2,014 | +€939 | +87.3% |
| Taxes | 450/3 | €1,076 | €2,014 | +€939 | +87.3% |
| Other amounts payable | 47/48 | €748 | €1,106 | +€358 | +47.9% |
| Accrued charges and deferred income | 492/3 | €1,949 | - | -€1,949 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,397 | €3,468 | +€71 | +2.1% |
| Other operating charges | 640/8 | €549 | €703 | +€154 | +28.1% |
| Gross operating margin | 9900 | €11,817 | €1,505 | -€10,312 | -87.3% |
| Operating profit (loss) | 9901 | €7,871 | -€2,666 | -€10,537 | |
| Financial income | 75/76B | €0 | €16 | +€16 | +13,283% |
| Recurring financial income | 75 | €0 | €16 | +€16 | +13,283% |
| Financial charges | 65/66B | €360 | €402 | +€42 | +11.7% |
| Recurring financial charges | 65 | €360 | €402 | +€42 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €7,510 | -€3,053 | -€10,563 | |
| Income taxes | 67/77 | €2,383 | -€4 | -€2,386 | |
| Profit (loss) for the period | 9904 | €5,128 | -€3,049 | -€8,176 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,128 | -€3,049 | -€8,176 |
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 19 October 2026 via checked.be.