PUBLIBYTES: 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.
PUBLIBYTES
Largest movements
- Intangible fixed assets -€12,295
down €12,295 (-25.0%), from €49,178 to €36,884
- Tangible fixed assets -€6,379
down €6,379 (-56.6%), from €11,276 to €4,897
of which Plant, machinery and equipment: -€4,456
- Receivables within one year -€2,610
down €2,610 (-11.8%), from €22,185 to €19,575
- Cash -€1,264
down €1,264 (-12.1%), from €10,486 to €9,222
mainly Debts after one year (-€14,844) and Net result for the year (-€8,950)
- Reserves -€67,083
down €67,083 (-92.0%), from €72,943 to €5,860
of which Distributable reserves: -€67,083
- Profit (loss) carried forward +€58,133
up €58,133 (+67.7%), from -€85,861 to -€27,728
- Debts after one year -€14,844
down €14,844 (-26.6%), from €55,885 to €41,041
- Trade debts +€4,447
up €4,447 (+51.7%), from €8,606 to €13,053
- Other debts -€3,019
down €3,019 (-19.9%), from €15,145 to €12,125
- Gross operating margin -€32,902
down €32,902 (-33.2%), from €99,011 to €66,109
- Staff costs -€25,432
down €25,432 (-35.2%), from €72,157 to €46,725
- Depreciation -€1,327
down €1,327 (-5.6%), from €23,626 to €22,299
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 | €94,125 | €72,113 | -€22,012 | -23.4% |
| Fixed assets | 21/28 | €61,454 | €42,780 | -€18,674 | -30.4% |
| Intangible fixed assets | 21 | €49,178 | €36,884 | -€12,295 | -25.0% |
| Tangible fixed assets | 22/27 | €11,276 | €4,897 | -€6,379 | -56.6% |
| Plant, machinery and equipment | 23 | €8,225 | €3,770 | -€4,456 | -54.2% |
| Furniture and vehicles | 24 | €3,050 | €1,127 | -€1,923 | -63.1% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €32,671 | €29,333 | -€3,338 | -10.2% |
| Amounts receivable within one year | 40/41 | €22,185 | €19,575 | -€2,610 | -11.8% |
| Trade receivables | 40 | €22,185 | €19,575 | -€2,610 | -11.8% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,486 | €9,222 | -€1,264 | -12.1% |
| Deferred charges and accrued income | 490/1 | - | €536 | +€536 | |
| Total equity and liabilities | 10/49 | €94,125 | €72,113 | -€22,012 | -23.4% |
| Equity | 10/15 | -€6,718 | -€15,668 | -€8,950 | -133% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €72,943 | €5,860 | -€67,083 | -92.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €67,083 | - | -€67,083 | |
| Profit (loss) carried forward | 14 | -€85,861 | -€27,728 | +€58,133 | +67.7% |
| Amounts payable | 17/49 | €100,842 | €87,781 | -€13,062 | -13.0% |
| Amounts payable after more than one year | 17 | €55,885 | €41,041 | -€14,844 | -26.6% |
| Financial debts | 170/4 | €55,885 | €41,041 | -€14,844 | -26.6% |
| Amounts payable within one year | 42/48 | €44,957 | €46,740 | +€1,782 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €14,020 | €14,844 | +€824 | +5.9% |
| Trade debts | 44 | €8,606 | €13,053 | +€4,447 | +51.7% |
| Suppliers | 440/4 | €8,606 | €13,053 | +€4,447 | +51.7% |
| Taxes, remuneration and social security | 45 | €7,187 | €6,718 | -€470 | -6.5% |
| Taxes | 450/3 | €3,723 | €6,718 | +€2,995 | +80.5% |
| Remuneration and social security | 454/9 | €3,465 | - | -€3,465 | |
| Other amounts payable | 47/48 | €15,145 | €12,125 | -€3,019 | -19.9% |
| Remuneration, social security and pensions | 62 | €72,157 | €46,725 | -€25,432 | -35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,626 | €22,299 | -€1,327 | -5.6% |
| Other operating charges | 640/8 | €2,026 | €1,924 | -€102 | -5.0% |
| Gross operating margin | 9900 | €99,011 | €66,109 | -€32,902 | -33.2% |
| Operating profit (loss) | 9901 | €1,201 | -€4,840 | -€6,041 | |
| Financial income | 75/76B | €61 | €118 | +€56 | +92.5% |
| Recurring financial income | 75 | €61 | €118 | +€56 | +92.5% |
| Financial charges | 65/66B | €4,912 | €3,937 | -€974 | -19.8% |
| Recurring financial charges | 65 | €4,912 | €3,937 | -€974 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,649 | -€8,660 | -€5,011 | -137% |
| Income taxes | 67/77 | €502 | €290 | -€212 | -42.2% |
| Profit (loss) for the period | 9904 | -€4,151 | -€8,950 | -€4,799 | -116% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,151 | -€8,950 | -€4,799 | -116% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.