PURE AGENCY: 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.
PURE AGENCY
Largest movements
- Stocks and contracts +€183,795
up €183,795 (+353%), from €52,121 to €235,916
- Receivables within one year -€118,628
down €118,628 (-67.7%), from €175,188 to €56,560
of which Trade receivables: -€118,628
- Cash -€53,155
down €53,155 (-70.9%), from €75,008 to €21,853
mainly Stocks and contracts (-€183,795) and Trade debts (-€56,579)
- Tangible fixed assets +€33,212
up €33,212 (+382%), from €8,688 to €41,900
of which Other tangible fixed assets: +€27,067
- Deferred charges and accrued income +€28,236
new in 2025: €28,236
- Current portion of long-term debt +€103,945
up €103,945 (+1,405%), from €7,397 to €111,342
- Trade debts -€56,579
down €56,579 (-50.6%), from €111,737 to €55,157
- Other debts +€49,167
up €49,167 (+75.1%), from €65,457 to €114,624
- Tax, wage and social debts -€8,309
down €8,309 (-12.5%), from €66,452 to €58,143
of which Taxes: -€11,375
- Debts after one year -€7,668
down €7,668 (-27.8%), from €27,568 to €19,900
- Gross operating margin -€55,038
down €55,038 (-14.9%), from €369,953 to €314,915
- Staff costs +€18,743
up €18,743 (+8.0%), from €235,627 to €254,371
- Taxes -€14,694
down €14,694 (-73.0%), from €20,140 to €5,446
- Depreciation -€5,816
down €5,816 (-45.9%), from €12,662 to €6,846
- Financial charges +€4,587
up €4,587 (+13.7%), from €33,542 to €38,130
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 | €363,132 | €446,490 | +€83,358 | +23.0% |
| Fixed assets | 21/28 | €60,815 | €103,925 | +€43,110 | +70.9% |
| Intangible fixed assets | 21 | €29,387 | €26,129 | -€3,257 | -11.1% |
| Tangible fixed assets | 22/27 | €8,688 | €41,900 | +€33,212 | +382% |
| Plant, machinery and equipment | 23 | - | €1,609 | +€1,609 | |
| Furniture and vehicles | 24 | €2,803 | €7,339 | +€4,536 | +162% |
| Other tangible fixed assets | 26 | €5,885 | €32,952 | +€27,067 | +460% |
| Financial fixed assets | 28 | €22,740 | €35,896 | +€13,156 | +57.9% |
| Current assets | 29/58 | €302,317 | €342,564 | +€40,247 | +13.3% |
| Stocks and contracts in progress | 3 | €52,121 | €235,916 | +€183,795 | +353% |
| Stocks | 30/36 | €52,121 | €235,916 | +€183,795 | +353% |
| Amounts receivable within one year | 40/41 | €175,188 | €56,560 | -€118,628 | -67.7% |
| Trade receivables | 40 | €173,290 | €54,662 | -€118,628 | -68.5% |
| Other amounts receivable | 41 | €1,898 | €1,898 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €75,008 | €21,853 | -€53,155 | -70.9% |
| Deferred charges and accrued income | 490/1 | - | €28,236 | +€28,236 | |
| Total equity and liabilities | 10/49 | €363,132 | €446,490 | +€83,358 | +23.0% |
| Equity | 10/15 | €84,520 | €87,322 | +€2,802 | +3.3% |
| Contributions | 10/11 | €25,200 | €25,200 | = | 0.0% |
| Reserves | 13 | €59,320 | €62,122 | +€2,802 | +4.7% |
| Distributable reserves | 133 | €59,320 | €62,122 | +€2,802 | +4.7% |
| Amounts payable | 17/49 | €278,612 | €359,167 | +€80,556 | +28.9% |
| Amounts payable after more than one year | 17 | €27,568 | €19,900 | -€7,668 | -27.8% |
| Financial debts | 170/4 | €27,568 | €19,900 | -€7,668 | -27.8% |
| Amounts payable within one year | 42/48 | €251,044 | €339,267 | +€88,223 | +35.1% |
| Current portion of amounts payable after more than one year | 42 | €7,397 | €111,342 | +€103,945 | +1,405% |
| Trade debts | 44 | €111,737 | €55,157 | -€56,579 | -50.6% |
| Suppliers | 440/4 | €111,737 | €55,157 | -€56,579 | -50.6% |
| Taxes, remuneration and social security | 45 | €66,452 | €58,143 | -€8,309 | -12.5% |
| Taxes | 450/3 | €47,126 | €35,751 | -€11,375 | -24.1% |
| Remuneration and social security | 454/9 | €19,326 | €22,392 | +€3,066 | +15.9% |
| Other amounts payable | 47/48 | €65,457 | €114,624 | +€49,167 | +75.1% |
| Remuneration, social security and pensions | 62 | €235,627 | €254,371 | +€18,743 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,662 | €6,846 | -€5,816 | -45.9% |
| Other operating charges | 640/8 | €8,759 | €7,321 | -€1,438 | -16.4% |
| Gross operating margin | 9900 | €369,953 | €314,915 | -€55,038 | -14.9% |
| Operating profit (loss) | 9901 | €112,905 | €46,378 | -€66,528 | -58.9% |
| Financial income | 75/76B | €98 | €0 | -€98 | -100% |
| Recurring financial income | 75 | €98 | €0 | -€98 | -100% |
| Financial charges | 65/66B | €33,542 | €38,130 | +€4,587 | +13.7% |
| Recurring financial charges | 65 | €33,542 | €38,130 | +€4,587 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €79,461 | €8,248 | -€71,213 | -89.6% |
| Income taxes | 67/77 | €20,140 | €5,446 | -€14,694 | -73.0% |
| Profit (loss) for the period | 9904 | €59,320 | €2,802 | -€56,518 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,320 | €2,802 | -€56,518 | -95.3% |
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 29 October 2026 via checked.be.