PUBLIVENTS: 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.
PUBLIVENTS
Largest movements
- Receivables within one year -€2,271
down €2,271 (-7.8%), from €29,058 to €26,787
of which Trade receivables: -€11,407
- Deferred charges and accrued income -€1,409
down €1,409 (-23.0%), from €6,130 to €4,722
- Short-term financial debts -€12,744
down €12,744 (-91.3%), from €13,959 to €1,215
- Reserves +€12,000
up €12,000 (+600%), from €2,000 to €14,000
- Debts after one year -€4,802
no longer reported in 2025 (was €4,802)
- Current portion of long-term debt -€2,254
down €2,254 (-31.9%), from €7,056 to €4,802
- Trade debts +€2,154
up €2,154 (+81.3%), from €2,648 to €4,803
- Gross operating margin +€6,860
up €6,860 (+41.5%), from €16,537 to €23,398
- Taxes +€2,760
up €2,760 (+71.1%), from €3,880 to €6,640
- Financial charges -€1,095
down €1,095 (-31.1%), from €3,518 to €2,424
- Financial income -€373
down €373 (-21.4%), from €1,744 to €1,371
- Depreciation +€318
up €318 (+17.6%), from €1,808 to €2,126
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 | €99,401 | €95,965 | -€3,436 | -3.5% |
| Fixed assets | 21/28 | €4,817 | €5,041 | +€224 | +4.7% |
| Intangible fixed assets | 21 | €200 | €0 | -€200 | -100% |
| Tangible fixed assets | 22/27 | €4,617 | €5,041 | +€424 | +9.2% |
| Plant, machinery and equipment | 23 | €19 | €0 | -€19 | -100% |
| Furniture and vehicles | 24 | €4,598 | €5,041 | +€443 | +9.6% |
| Current assets | 29/58 | €94,584 | €90,924 | -€3,660 | -3.9% |
| Amounts receivable after more than one year | 29 | €48,794 | €48,000 | -€794 | -1.6% |
| Other amounts receivable | 291 | €48,794 | €48,000 | -€794 | -1.6% |
| Amounts receivable within one year | 40/41 | €29,058 | €26,787 | -€2,271 | -7.8% |
| Trade receivables | 40 | €29,038 | €17,631 | -€11,407 | -39.3% |
| Other amounts receivable | 41 | €19 | €9,155 | +€9,136 | +46,996% |
| Cash at bank and in hand | 54/58 | €10,602 | €11,415 | +€813 | +7.7% |
| Deferred charges and accrued income | 490/1 | €6,130 | €4,722 | -€1,409 | -23.0% |
| Total equity and liabilities | 10/49 | €99,401 | €95,965 | -€3,436 | -3.5% |
| Equity | 10/15 | €53,502 | €66,387 | +€12,885 | +24.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €14,000 | +€12,000 | +600% |
| Distributable reserves | 133 | €2,000 | €14,000 | +€12,000 | +600% |
| Profit (loss) carried forward | 14 | €31,502 | €32,387 | +€885 | +2.8% |
| Amounts payable | 17/49 | €45,899 | €29,578 | -€16,321 | -35.6% |
| Amounts payable after more than one year | 17 | €4,802 | - | -€4,802 | |
| Financial debts | 170/4 | €4,802 | - | -€4,802 | |
| Amounts payable within one year | 42/48 | €40,097 | €27,037 | -€13,059 | -32.6% |
| Current portion of amounts payable after more than one year | 42 | €7,056 | €4,802 | -€2,254 | -31.9% |
| Financial debts | 43 | €13,959 | €1,215 | -€12,744 | -91.3% |
| Credit institutions | 430/8 | €13,959 | €1,215 | -€12,744 | -91.3% |
| Trade debts | 44 | €2,648 | €4,803 | +€2,154 | +81.3% |
| Suppliers | 440/4 | €2,648 | €4,803 | +€2,154 | +81.3% |
| Taxes, remuneration and social security | 45 | €16,342 | €15,922 | -€420 | -2.6% |
| Taxes | 450/3 | €15,092 | €13,422 | -€1,670 | -11.1% |
| Remuneration and social security | 454/9 | €1,250 | €2,500 | +€1,250 | +100% |
| Other amounts payable | 47/48 | €91 | €296 | +€205 | +225% |
| Accrued charges and deferred income | 492/3 | €1,000 | €2,540 | +€1,540 | +154% |
| Non-recurring operating income | 76A | €5,772 | €14,123 | +€8,351 | +145% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,808 | €2,126 | +€318 | +17.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €120 | +€120 | |
| Other operating charges | 640/8 | €559 | €574 | +€14 | +2.6% |
| Gross operating margin | 9900 | €16,537 | €23,398 | +€6,860 | +41.5% |
| Operating profit (loss) | 9901 | €14,170 | €20,578 | +€6,408 | +45.2% |
| Financial income | 75/76B | €1,744 | €1,371 | -€373 | -21.4% |
| Recurring financial income | 75 | €1,744 | €1,371 | -€373 | -21.4% |
| Financial charges | 65/66B | €3,518 | €2,424 | -€1,095 | -31.1% |
| Recurring financial charges | 65 | €3,518 | €2,424 | -€1,095 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €12,395 | €19,525 | +€7,130 | +57.5% |
| Income taxes | 67/77 | €3,880 | €6,640 | +€2,760 | +71.1% |
| Profit (loss) for the period | 9904 | €8,515 | €12,885 | +€4,370 | +51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,515 | €12,885 | +€4,370 | +51.3% |
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 20 October 2026 via checked.be.