PUR O: 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.
PUR O
Largest movements
- Receivables within one year +€30,865
up €30,865 (+38.6%), from €79,869 to €110,734
of which Other amounts receivable: +€27,576
- Tangible fixed assets -€18,562
down €18,562 (-20.5%), from €90,335 to €71,773
of which Furniture and vehicles: -€9,827
- Stocks and contracts +€13,588
up €13,588 (+56.7%), from €23,978 to €37,566
- Reserves -€83,775
down €83,775 (-16.9%), from €496,833 to €413,057
- Accrued charges and deferred income +€83,775
up €83,775, from €0 to €83,775
- Trade debts +€26,757
up €26,757 (+107%), from €24,930 to €51,687
- Tax, wage and social debts +€14,142
up €14,142 (+65.2%), from €21,680 to €35,821
of which Taxes: +€19,796
- Short-term financial debts -€9,141
down €9,141 (-43.5%), from €21,017 to €11,876
- Gross operating margin +€29,660
up €29,660 (+56.0%), from €52,955 to €82,615
- Other operating charges +€18,814
up €18,814 (+220%), from €8,557 to €27,371
- Staff costs +€16,253
up €16,253 (+58.1%), from €27,985 to €44,239
- Depreciation +€3,684
up €3,684 (+24.8%), from €14,879 to €18,562
- Financial income +€3,360
up €3,360 (+211%), from €1,589 to €4,950
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 | €202,137 | €227,252 | +€25,114 | +12.4% |
| Fixed assets | 21/28 | €90,335 | €71,773 | -€18,562 | -20.5% |
| Tangible fixed assets | 22/27 | €90,335 | €71,773 | -€18,562 | -20.5% |
| Furniture and vehicles | 24 | €36,438 | €26,611 | -€9,827 | -27.0% |
| Other tangible fixed assets | 26 | €53,897 | €45,162 | -€8,736 | -16.2% |
| Current assets | 29/58 | €111,803 | €155,479 | +€43,677 | +39.1% |
| Stocks and contracts in progress | 3 | €23,978 | €37,566 | +€13,588 | +56.7% |
| Stocks | 30/36 | €23,978 | €37,566 | +€13,588 | +56.7% |
| Amounts receivable within one year | 40/41 | €79,869 | €110,734 | +€30,865 | +38.6% |
| Trade receivables | 40 | €8,348 | €11,638 | +€3,290 | +39.4% |
| Other amounts receivable | 41 | €71,520 | €99,096 | +€27,576 | +38.6% |
| Current investments | 50/53 | €79 | €79 | +€0 | +0.4% |
| Cash at bank and in hand | 54/58 | €6,560 | €5,831 | -€729 | -11.1% |
| Deferred charges and accrued income | 490/1 | €1,317 | €1,269 | -€47 | -3.6% |
| Total equity and liabilities | 10/49 | €202,137 | €227,252 | +€25,114 | +12.4% |
| Equity | 10/15 | €105,446 | €14,419 | -€91,027 | -86.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €496,833 | €413,057 | -€83,775 | -16.9% |
| Distributable reserves | 133 | €496,833 | €413,057 | -€83,775 | -16.9% |
| Profit (loss) carried forward | 14 | -€397,587 | -€404,839 | -€7,252 | -1.8% |
| Amounts payable | 17/49 | €96,692 | €212,833 | +€116,142 | +120% |
| Amounts payable after more than one year | 17 | €12,280 | €4,657 | -€7,623 | -62.1% |
| Financial debts | 170/4 | €12,280 | €4,657 | -€7,623 | -62.1% |
| Amounts payable within one year | 42/48 | €84,412 | €124,401 | +€39,989 | +47.4% |
| Current portion of amounts payable after more than one year | 42 | €7,189 | €7,623 | +€433 | +6.0% |
| Financial debts | 43 | €21,017 | €11,876 | -€9,141 | -43.5% |
| Credit institutions | 430/8 | €21,017 | €11,876 | -€9,141 | -43.5% |
| Trade debts | 44 | €24,930 | €51,687 | +€26,757 | +107% |
| Suppliers | 440/4 | €24,930 | €51,687 | +€26,757 | +107% |
| Advances received on contracts in progress | 46 | €9,596 | €17,394 | +€7,798 | +81.3% |
| Taxes, remuneration and social security | 45 | €21,680 | €35,821 | +€14,142 | +65.2% |
| Taxes | 450/3 | €14,920 | €34,716 | +€19,796 | +133% |
| Remuneration and social security | 454/9 | €6,759 | €1,105 | -€5,654 | -83.7% |
| Accrued charges and deferred income | 492/3 | €0 | €83,775 | +€83,775 | |
| Non-recurring operating income | 76A | €7,040 | €0 | -€7,040 | -100% |
| Remuneration, social security and pensions | 62 | €27,985 | €44,239 | +€16,253 | +58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,879 | €18,562 | +€3,684 | +24.8% |
| Other operating charges | 640/8 | €8,557 | €27,371 | +€18,814 | +220% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €52,955 | €82,615 | +€29,660 | +56.0% |
| Operating profit (loss) | 9901 | €1,534 | -€7,558 | -€9,092 | |
| Financial income | 75/76B | €1,589 | €4,950 | +€3,360 | +211% |
| Recurring financial income | 75 | €1,589 | €4,950 | +€3,360 | +211% |
| Financial charges | 65/66B | €2,493 | €3,402 | +€909 | +36.5% |
| Recurring financial charges | 65 | €2,493 | €3,402 | +€909 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €631 | -€6,010 | -€6,640 | |
| Income taxes | 67/77 | €1,062 | €1,242 | +€180 | +16.9% |
| Profit (loss) for the period | 9904 | -€432 | -€7,252 | -€6,820 | -1,580% |
| Profit (loss) for the period to be appropriated | 9905 | -€432 | -€7,252 | -€6,820 | -1,580% |
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 15 October 2026 via checked.be.