PUPS AND PETS: 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.
PUPS AND PETS
Largest movements
- Financial fixed assets +€175,000
up €175,000 (+1.8%), from €10.0m to €10.2m
- Profit (loss) carried forward +€1.1m
up €1.1m (+57.3%), from €1.9m to €3.0m
- Debts after one year -€837,169
down €837,169 (-12.7%), from €6.6m to €5.8m
of which Financial debts: -€837,169
- Financial income -€142,172
down €142,172 (-11.7%), from €1.2m to €1.1m
- Gross operating margin +€31,768
up €31,768 (+22.4%), from €141,752 to €173,520
- Financial charges -€17,768
down €17,768 (-9.3%), from €191,479 to €173,711
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 | €10,527,655 | €10,715,871 | +€188,216 | +1.8% |
| Fixed assets | 21/28 | €10,000,000 | €10,175,000 | +€175,000 | +1.8% |
| Financial fixed assets | 28 | €10,000,000 | €10,175,000 | +€175,000 | +1.8% |
| Current assets | 29/58 | €527,655 | €540,871 | +€13,216 | +2.5% |
| Amounts receivable within one year | 40/41 | €486,449 | €460,576 | -€25,874 | -5.3% |
| Trade receivables | 40 | €29,040 | €175 | -€28,865 | -99.4% |
| Other amounts receivable | 41 | €457,409 | €460,400 | +€2,991 | +0.7% |
| Cash at bank and in hand | 54/58 | €41,206 | €80,296 | +€39,090 | +94.9% |
| Total equity and liabilities | 10/49 | €10,527,655 | €10,715,871 | +€188,216 | +1.8% |
| Equity | 10/15 | €2,777,998 | €3,854,360 | +€1.1m | +38.7% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,877,998 | €2,954,360 | +€1.1m | +57.3% |
| Amounts payable | 17/49 | €7,749,657 | €6,861,511 | -€888,146 | -11.5% |
| Amounts payable after more than one year | 17 | €6,602,972 | €5,765,804 | -€837,169 | -12.7% |
| Financial debts | 170/4 | €5,352,972 | €4,515,804 | -€837,169 | -15.6% |
| Other amounts payable | 178/9 | €1,250,000 | €1,250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,122,285 | €1,072,214 | -€50,071 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €959,878 | €1,004,067 | +€44,189 | +4.6% |
| Trade debts | 44 | €15,178 | €158 | -€15,021 | -99.0% |
| Suppliers | 440/4 | €15,178 | €158 | -€15,021 | -99.0% |
| Taxes, remuneration and social security | 45 | €7,228 | €10,710 | +€3,482 | +48.2% |
| Taxes | 450/3 | €7,228 | €10,710 | +€3,482 | +48.2% |
| Other amounts payable | 47/48 | €140,000 | €57,280 | -€82,720 | -59.1% |
| Accrued charges and deferred income | 492/3 | €24,400 | €23,493 | -€907 | -3.7% |
| Other operating charges | 640/8 | €464 | €467 | +€3 | +0.6% |
| Gross operating margin | 9900 | €141,752 | €173,520 | +€31,768 | +22.4% |
| Operating profit (loss) | 9901 | €141,287 | €173,053 | +€31,766 | +22.5% |
| Financial income | 75/76B | €1,219,192 | €1,077,021 | -€142,172 | -11.7% |
| Recurring financial income | 75 | €1,219,192 | €1,077,021 | -€142,172 | -11.7% |
| Financial charges | 65/66B | €191,479 | €173,711 | -€17,768 | -9.3% |
| Recurring financial charges | 65 | €191,479 | €173,711 | -€17,768 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €1,169,000 | €1,076,363 | -€92,638 | -7.9% |
| Profit (loss) for the period | 9904 | €1,169,000 | €1,076,363 | -€92,638 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,169,000 | €1,076,363 | -€92,638 | -7.9% |
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 20 October 2026 via checked.be.