PULLUS: 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.
PULLUS
Largest movements
- Tangible fixed assets +€849,152
up €849,152 (+121.9%), from €696,392 to €1.5m
- Current investments -€600,000
no longer reported in 2025 (was €600,000)
- Cash +€195,437
up €195,437 (+3323.3%), from €5,881 to €201,318
mainly Current investments (+€600,000) and Other debts (+€303,000)
- Other debts +€303,000
up €303,000 (+23.4%), from €1.3m to €1.6m
- Trade debts +€139,466
up €139,466 (+20342.2%), from €686 to €140,152
- Accrued charges and deferred income +€44,465
up €44,465 (+230.3%), from €19,311 to €63,776
- Profit (loss) carried forward -€37,960
down €37,960 (-214.2%), from -€17,724 to -€55,684
- Financial charges +€25,188
up €25,188 (+130.4%), from €19,322 to €44,510
- Financial income +€9,184
up €9,184 (+146.4%), from €6,272 to €15,456
- Gross operating margin -€4,103
down €4,103 (-96.3%), from -€4,259 to -€8,362
- Other operating charges +€129
up €129 (+31.1%), from €415 to €544
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.
Cash bridge derived
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 | €1,302,273 | €1,751,244 | +€448,971 | +34.5% |
| Fixed assets | 21/28 | €696,392 | €1,545,544 | +€849,152 | +121.9% |
| Tangible fixed assets | 22/27 | €696,392 | €1,545,544 | +€849,152 | +121.9% |
| Land and buildings | 22 | €696,392 | €1,545,544 | +€849,152 | +121.9% |
| Current assets | 29/58 | €605,881 | €205,700 | -€400,181 | -66.0% |
| Amounts receivable within one year | 40/41 | - | €4,383 | +€4,383 | |
| Other amounts receivable | 41 | - | €4,383 | +€4,383 | |
| Current investments | 50/53 | €600,000 | - | -€600,000 | |
| Cash at bank and in hand | 54/58 | €5,881 | €201,318 | +€195,437 | +3323.3% |
| Total equity and liabilities | 10/49 | €1,302,273 | €1,751,244 | +€448,971 | +34.5% |
| Equity | 10/15 | -€12,724 | -€50,684 | -€37,960 | -298.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,724 | -€55,684 | -€37,960 | -214.2% |
| Amounts payable | 17/49 | €1,314,996 | €1,801,927 | +€486,931 | +37.0% |
| Amounts payable within one year | 42/48 | €1,295,686 | €1,738,152 | +€442,466 | +34.1% |
| Trade debts | 44 | €686 | €140,152 | +€139,466 | +20342.2% |
| Suppliers | 440/4 | €686 | €140,152 | +€139,466 | +20342.2% |
| Other amounts payable | 47/48 | €1,295,000 | €1,598,000 | +€303,000 | +23.4% |
| Accrued charges and deferred income | 492/3 | €19,311 | €63,776 | +€44,465 | +230.3% |
| Other operating charges | 640/8 | €415 | €544 | +€129 | +31.1% |
| Gross operating margin | 9900 | -€4,259 | -€8,362 | -€4,103 | -96.3% |
| Operating profit (loss) | 9901 | -€4,674 | -€8,906 | -€4,232 | -90.5% |
| Financial income | 75/76B | €6,272 | €15,456 | +€9,184 | +146.4% |
| Recurring financial income | 75 | €6,272 | €15,456 | +€9,184 | +146.4% |
| Financial charges | 65/66B | €19,322 | €44,510 | +€25,188 | +130.4% |
| Recurring financial charges | 65 | €19,322 | €44,510 | +€25,188 | +130.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,724 | -€37,960 | -€20,237 | -114.2% |
| Profit (loss) for the period | 9904 | -€17,724 | -€37,960 | -€20,237 | -114.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,724 | -€37,960 | -€20,237 | -114.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.