PULSA: 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.
PULSA
Largest movements
- Receivables within one year +€4,818
new in 2025: €4,818
of which Trade receivables: +€2,734
- Cash -€987
down €987 (-19.7%), from €5,000 to €4,013
mainly Receivables within one year (-€4,818) and Other debts (-€2,000)
- Reserves +€3,183
new in 2025: €3,183
- Profit (loss) carried forward +€2,001
no longer reported in 2025 (was -€2,001)
- Other debts -€2,000
no longer reported in 2025 (was €2,000)
- Tax, wage and social debts +€1,694
new in 2025: €1,694
- Trade debts -€1,047
down €1,047 (-52.3%), from €2,001 to €954
- Turnover +€19,501
new in 2025: €19,501
- Purchases and services +€12,188
new in 2025: €12,188
- Gross operating margin +€9,313
up €9,313, from -€2,001 to €7,312
- Taxes +€1,694
new in 2025: €1,694
- Other operating charges +€224
new in 2025: €224
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 | €5,000 | €8,831 | +€3,831 | +76.6% |
| Current assets | 29/58 | €5,000 | €8,831 | +€3,831 | +76.6% |
| Amounts receivable within one year | 40/41 | - | €4,818 | +€4,818 | |
| Trade receivables | 40 | - | €2,734 | +€2,734 | |
| Other amounts receivable | 41 | - | €2,084 | +€2,084 | |
| Cash at bank and in hand | 54/58 | €5,000 | €4,013 | -€987 | -19.7% |
| Total equity and liabilities | 10/49 | €5,000 | €8,831 | +€3,831 | +76.6% |
| Equity | 10/15 | €999 | €6,183 | +€5,184 | +518.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €3,183 | +€3,183 | |
| Distributable reserves | 133 | - | €3,183 | +€3,183 | |
| Profit (loss) carried forward | 14 | -€2,001 | - | +€2,001 | |
| Amounts payable | 17/49 | €4,001 | €2,648 | -€1,353 | -33.8% |
| Amounts payable within one year | 42/48 | €4,001 | €2,648 | -€1,353 | -33.8% |
| Trade debts | 44 | €2,001 | €954 | -€1,047 | -52.3% |
| Suppliers | 440/4 | €2,001 | €954 | -€1,047 | -52.3% |
| Taxes, remuneration and social security | 45 | - | €1,694 | +€1,694 | |
| Taxes | 450/3 | - | €1,694 | +€1,694 | |
| Other amounts payable | 47/48 | €2,000 | - | -€2,000 | |
| Turnover | 70 | - | €19,501 | +€19,501 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €12,188 | +€12,188 | |
| Other operating charges | 640/8 | - | €224 | +€224 | |
| Gross operating margin | 9900 | -€2,001 | €7,312 | +€9,313 | |
| Operating profit (loss) | 9901 | -€2,001 | €7,088 | +€9,089 | |
| Financial charges | 65/66B | - | €210 | +€210 | |
| Recurring financial charges | 65 | - | €210 | +€210 | |
| Profit (loss) for the period before taxes | 9903 | -€2,001 | €6,878 | +€8,879 | |
| Income taxes | 67/77 | - | €1,694 | +€1,694 | |
| Profit (loss) for the period | 9904 | -€2,001 | €5,184 | +€7,185 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,001 | €5,184 | +€7,185 |
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 9 October 2026 via checked.be.