PULSEO Group: 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.
PULSEO Group
Largest movements
- Cash +€6,760
up €6,760 (+559%), from €1,209 to €7,969
mainly Net result for the year (+€6,563) and Tax, wage and social debts (+€2,709)
- Receivables within one year +€2,758
up €2,758 (+69.6%), from €3,962 to €6,719
of which Other amounts receivable: +€1,962
- Reserves +€6,563
up €6,563 (+27.2%), from €24,147 to €30,710
of which Distributable reserves: +€6,563
- Tax, wage and social debts +€2,709
up €2,709 (+959%), from €283 to €2,992
- Gross operating margin +€7,209
up €7,209 (+244%), from €2,953 to €10,162
- Taxes +€2,709
up €2,709 (+959%), from €283 to €2,992
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 | €107,805 | €117,238 | +€9,433 | +8.8% |
| Fixed assets | 21/28 | €102,550 | €102,550 | = | 0.0% |
| Financial fixed assets | 28 | €102,550 | €102,550 | = | 0.0% |
| Current assets | 29/58 | €5,255 | €14,688 | +€9,433 | +179% |
| Amounts receivable within one year | 40/41 | €3,962 | €6,719 | +€2,758 | +69.6% |
| Trade receivables | 40 | €105 | €900 | +€795 | +757% |
| Other amounts receivable | 41 | €3,857 | €5,819 | +€1,962 | +50.9% |
| Cash at bank and in hand | 54/58 | €1,209 | €7,969 | +€6,760 | +559% |
| Deferred charges and accrued income | 490/1 | €85 | - | -€85 | |
| Total equity and liabilities | 10/49 | €107,805 | €117,238 | +€9,433 | +8.8% |
| Equity | 10/15 | €105,347 | €111,910 | +€6,563 | +6.2% |
| Contributions | 10/11 | €81,200 | €81,200 | = | 0.0% |
| Reserves | 13 | €24,147 | €30,710 | +€6,563 | +27.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €22,287 | €28,850 | +€6,563 | +29.4% |
| Amounts payable | 17/49 | €2,458 | €5,328 | +€2,870 | +117% |
| Amounts payable within one year | 42/48 | €2,458 | €5,328 | +€2,870 | +117% |
| Trade debts | 44 | €176 | €266 | +€91 | +51.6% |
| Suppliers | 440/4 | €176 | €266 | +€91 | +51.6% |
| Taxes, remuneration and social security | 45 | €283 | €2,992 | +€2,709 | +959% |
| Taxes | 450/3 | €283 | €2,992 | +€2,709 | +959% |
| Other amounts payable | 47/48 | €2,000 | €2,070 | +€70 | +3.5% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €2,953 | €10,162 | +€7,209 | +244% |
| Operating profit (loss) | 9901 | €2,569 | €9,775 | +€7,206 | +280% |
| Financial charges | 65/66B | €120 | €220 | +€100 | +83.3% |
| Recurring financial charges | 65 | €120 | €220 | +€100 | +83.3% |
| Profit (loss) for the period before taxes | 9903 | €2,449 | €9,555 | +€7,106 | +290% |
| Income taxes | 67/77 | €283 | €2,992 | +€2,709 | +959% |
| Profit (loss) for the period | 9904 | €2,167 | €6,563 | +€4,397 | +203% |
| Profit (loss) for the period to be appropriated | 9905 | €2,167 | €6,563 | +€4,397 | +203% |
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 15 October 2026 via checked.be.