PUBLIIQ: 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.
PUBLIIQ
Largest movements
- Receivables within one year +€27,892
up €27,892 (+113%), from €24,774 to €52,666
of which Trade receivables: +€17,256
- Tangible fixed assets -€6,521
down €6,521 (-58.1%), from €11,230 to €4,709
- Cash -€6,109
down €6,109 (-45.0%), from €13,582 to €7,473
mainly Receivables within one year (-€27,892) and Contributions, distributions and other (-€26,855)
- Deferred charges and accrued income +€1,150
up €1,150 (+361%), from €318 to €1,468
- Other debts +€26,855
new in 2025: €26,855
- Profit (loss) carried forward -€24,481
no longer reported in 2025 (was €24,481)
- Trade debts +€15,243
up €15,243 (+154%), from €9,871 to €25,114
- Gross operating margin -€9,502
down €9,502 (-41.4%), from €22,963 to €13,461
- Depreciation -€2,101
down €2,101 (-31.4%), from €6,682 to €4,582
- Financial charges +€1,817
up €1,817 (+686%), from €265 to €2,082
- Taxes -€885
down €885 (-18.4%), from €4,820 to €3,934
- Other operating charges +€644
up €644 (+354%), from €182 to €826
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 | €49,904 | €66,316 | +€16,412 | +32.9% |
| Fixed assets | 21/28 | €11,230 | €4,709 | -€6,521 | -58.1% |
| Tangible fixed assets | 22/27 | €11,230 | €4,709 | -€6,521 | -58.1% |
| Furniture and vehicles | 24 | €11,230 | €4,709 | -€6,521 | -58.1% |
| Current assets | 29/58 | €38,674 | €61,607 | +€22,933 | +59.3% |
| Amounts receivable within one year | 40/41 | €24,774 | €52,666 | +€27,892 | +113% |
| Trade receivables | 40 | €18,599 | €35,854 | +€17,256 | +92.8% |
| Other amounts receivable | 41 | €6,175 | €16,811 | +€10,636 | +172% |
| Cash at bank and in hand | 54/58 | €13,582 | €7,473 | -€6,109 | -45.0% |
| Deferred charges and accrued income | 490/1 | €318 | €1,468 | +€1,150 | +361% |
| Total equity and liabilities | 10/49 | €49,904 | €66,316 | +€16,412 | +32.9% |
| Equity | 10/15 | €28,981 | €4,500 | -€24,481 | -84.5% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,481 | - | -€24,481 | |
| Amounts payable | 17/49 | €20,923 | €61,816 | +€40,893 | +195% |
| Amounts payable within one year | 42/48 | €20,880 | €61,761 | +€40,881 | +196% |
| Financial debts | 43 | €664 | €91 | -€573 | -86.4% |
| Credit institutions | 430/8 | €664 | €91 | -€573 | -86.4% |
| Trade debts | 44 | €9,871 | €25,114 | +€15,243 | +154% |
| Suppliers | 440/4 | €9,871 | €25,114 | +€15,243 | +154% |
| Taxes, remuneration and social security | 45 | €10,345 | €9,701 | -€644 | -6.2% |
| Taxes | 450/3 | €10,345 | €9,701 | -€644 | -6.2% |
| Other amounts payable | 47/48 | - | €26,855 | +€26,855 | |
| Accrued charges and deferred income | 492/3 | €43 | €55 | +€12 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,682 | €4,582 | -€2,101 | -31.4% |
| Other operating charges | 640/8 | €182 | €826 | +€644 | +354% |
| Non-recurring operating charges | 66A | - | €376 | +€376 | |
| Gross operating margin | 9900 | €22,963 | €13,461 | -€9,502 | -41.4% |
| Operating profit (loss) | 9901 | €16,099 | €7,677 | -€8,422 | -52.3% |
| Financial income | 75/76B | €351 | €714 | +€362 | +103% |
| Recurring financial income | 75 | €351 | €714 | +€362 | +103% |
| Financial charges | 65/66B | €265 | €2,082 | +€1,817 | +686% |
| Recurring financial charges | 65 | €265 | €2,082 | +€1,817 | +686% |
| Profit (loss) for the period before taxes | 9903 | €16,185 | €6,309 | -€9,876 | -61.0% |
| Income taxes | 67/77 | €4,820 | €3,934 | -€885 | -18.4% |
| Profit (loss) for the period | 9904 | €11,366 | €2,374 | -€8,991 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,366 | €2,374 | -€8,991 | -79.1% |
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 14 October 2026 via checked.be.