PUR VER: what changed
Two fiscal 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 VER
Largest movements
- Tangible fixed assets -€122,685
down €122,685 (-21.7%), from €564,777 to €442,091
- Stocks and contracts -€76,256
down €76,256 (-44.3%), from €172,057 to €95,801
- Cash -€51,894
down €51,894 (-42.4%), from €122,439 to €70,545
mainly Net result for the year (-€289,077) and Debts after one year (-€60,170)
- Receivables within one year +€34,389
up €34,389 (+51.8%), from €66,378 to €100,767
of which Other amounts receivable: +€31,183
- Profit (loss) carried forward -€289,077
down €289,077 (-24.3%), from -€1.2m to -€1.5m
- Other debts +€104,140
up €104,140 (+420087.2%), from €25 to €104,164
- Debts after one year -€60,170
down €60,170 (-15.4%), from €390,547 to €330,377
- Trade debts +€21,144
up €21,144 (+40.6%), from €52,121 to €73,265
- Current portion of long-term debt +€20,710
up €20,710 (+14.7%), from €140,469 to €161,178
- Gross operating margin +€271,897
up €271,897, from -€256,818 to €15,079
- Staff costs +€31,961
up €31,961 (+23.9%), from €133,508 to €165,469
- Depreciation -€25,892
down €25,892 (-16.4%), from €157,995 to €132,103
- Financial income -€4,304
down €4,304 (-22.1%), from €19,442 to €15,138
- Financial charges +€3,834
up €3,834 (+25.2%), from €15,236 to €19,070
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 | €933,285 | €715,240 | -€218,045 | -23.4% |
| Fixed assets | 21/28 | €569,132 | €445,123 | -€124,009 | -21.8% |
| Intangible fixed assets | 21 | €3,663 | €2,339 | -€1,324 | -36.1% |
| Tangible fixed assets | 22/27 | €564,777 | €442,091 | -€122,685 | -21.7% |
| Plant, machinery and equipment | 23 | €564,777 | €442,091 | -€122,685 | -21.7% |
| Financial fixed assets | 28 | €693 | €693 | = | 0.0% |
| Current assets | 29/58 | €364,153 | €270,117 | -€94,036 | -25.8% |
| Stocks and contracts in progress | 3 | €172,057 | €95,801 | -€76,256 | -44.3% |
| Stocks | 30/36 | €172,057 | €95,801 | -€76,256 | -44.3% |
| Amounts receivable within one year | 40/41 | €66,378 | €100,767 | +€34,389 | +51.8% |
| Trade receivables | 40 | €34,507 | €37,713 | +€3,207 | +9.3% |
| Other amounts receivable | 41 | €31,871 | €63,053 | +€31,183 | +97.8% |
| Cash at bank and in hand | 54/58 | €122,439 | €70,545 | -€51,894 | -42.4% |
| Deferred charges and accrued income | 490/1 | €3,280 | €3,004 | -€275 | -8.4% |
| Total equity and liabilities | 10/49 | €933,285 | €715,240 | -€218,045 | -23.4% |
| Equity | 10/15 | €334,672 | €31,394 | -€303,278 | -90.6% |
| Contributions | 10/11 | €1,461,271 | €1,461,271 | = | 0.0% |
| Capital | 10 | €1,461,271 | €1,461,271 | = | 0.0% |
| Issued capital | 100 | €1,461,271 | €1,461,271 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,189,007 | -€1,478,085 | -€289,077 | -24.3% |
| Investment grants | 15 | €62,408 | €48,207 | -€14,200 | -22.8% |
| Amounts payable | 17/49 | €598,613 | €683,846 | +€85,233 | +14.2% |
| Amounts payable after more than one year | 17 | €390,547 | €330,377 | -€60,170 | -15.4% |
| Financial debts | 170/4 | €390,547 | €330,377 | -€60,170 | -15.4% |
| Amounts payable within one year | 42/48 | €207,903 | €353,306 | +€145,402 | +69.9% |
| Current portion of amounts payable after more than one year | 42 | €140,469 | €161,178 | +€20,710 | +14.7% |
| Trade debts | 44 | €52,121 | €73,265 | +€21,144 | +40.6% |
| Suppliers | 440/4 | €52,121 | €73,265 | +€21,144 | +40.6% |
| Taxes, remuneration and social security | 45 | €15,289 | €14,698 | -€591 | -3.9% |
| Remuneration and social security | 454/9 | €15,289 | €14,698 | -€591 | -3.9% |
| Other amounts payable | 47/48 | €25 | €104,164 | +€104,140 | +420087.2% |
| Accrued charges and deferred income | 492/3 | €163 | €163 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €133,508 | €165,469 | +€31,961 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,995 | €132,103 | -€25,892 | -16.4% |
| Other operating charges | 640/8 | €1,940 | €1,479 | -€461 | -23.8% |
| Gross operating margin | 9900 | -€256,818 | €15,079 | +€271,897 | |
| Operating profit (loss) | 9901 | -€550,261 | -€283,972 | +€266,289 | +48.4% |
| Financial income | 75/76B | €19,442 | €15,138 | -€4,304 | -22.1% |
| Recurring financial income | 75 | €19,442 | €15,138 | -€4,304 | -22.1% |
| Financial charges | 65/66B | €15,236 | €19,070 | +€3,834 | +25.2% |
| Recurring financial charges | 65 | €15,236 | €19,070 | +€3,834 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | -€546,055 | -€287,904 | +€258,151 | +47.3% |
| Income taxes | 67/77 | €137 | €1,174 | +€1,037 | +758.7% |
| Profit (loss) for the period | 9904 | -€546,192 | -€289,077 | +€257,114 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€546,192 | -€289,077 | +€257,114 | +47.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.