PURE MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year -€84,257
down €84,257 (-69.9%), from €120,612 to €36,355
of which Other amounts receivable: -€84,321
- Tangible fixed assets -€33,273
down €33,273 (-8.8%), from €378,038 to €344,765
of which Leasing and similar rights: -€25,626
- Cash -€14,454
down €14,454 (-31.6%), from €45,682 to €31,228
mainly Contributions, distributions and other (-€144,004) and Debts after one year (-€76,430)
- Current investments -€12,143
down €12,143 (-8.0%), from €151,046 to €138,902
- Reserves -€84,271
down €84,271 (-64.1%), from €131,504 to €47,233
- Debts after one year -€76,430
down €76,430 (-16.7%), from €456,663 to €380,233
- Other debts +€12,500
up €12,500 (+71.4%), from €17,500 to €30,000
- Gross operating margin -€33,110
down €33,110 (-20.0%), from €165,144 to €132,035
- Depreciation +€8,970
up €8,970 (+32.4%), from €27,649 to €36,619
- Financial charges +€8,929
up €8,929 (+132%), from €6,778 to €15,707
- Taxes -€4,255
down €4,255 (-14.6%), from €29,231 to €24,976
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 | €698,469 | €552,152 | -€146,317 | -20.9% |
| Fixed assets | 21/28 | €378,351 | €345,078 | -€33,273 | -8.8% |
| Tangible fixed assets | 22/27 | €378,038 | €344,765 | -€33,273 | -8.8% |
| Land and buildings | 22 | €266,255 | €255,529 | -€10,726 | -4.0% |
| Plant, machinery and equipment | 23 | - | €3,079 | +€3,079 | |
| Leasing and similar rights | 25 | €111,782 | €86,156 | -€25,626 | -22.9% |
| Financial fixed assets | 28 | €313 | €313 | = | 0.0% |
| Current assets | 29/58 | €320,119 | €207,075 | -€113,044 | -35.3% |
| Amounts receivable within one year | 40/41 | €120,612 | €36,355 | -€84,257 | -69.9% |
| Trade receivables | 40 | €22,748 | €22,812 | +€64 | +0.3% |
| Other amounts receivable | 41 | €97,864 | €13,543 | -€84,321 | -86.2% |
| Current investments | 50/53 | €151,046 | €138,902 | -€12,143 | -8.0% |
| Cash at bank and in hand | 54/58 | €45,682 | €31,228 | -€14,454 | -31.6% |
| Deferred charges and accrued income | 490/1 | €2,779 | €589 | -€2,190 | -78.8% |
| Total equity and liabilities | 10/49 | €698,469 | €552,152 | -€146,317 | -20.9% |
| Equity | 10/15 | €136,504 | €52,233 | -€84,271 | -61.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €131,504 | €47,233 | -€84,271 | -64.1% |
| Distributable reserves | 133 | €131,504 | €47,233 | -€84,271 | -64.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €561,965 | €499,919 | -€62,046 | -11.0% |
| Amounts payable after more than one year | 17 | €456,663 | €380,233 | -€76,430 | -16.7% |
| Financial debts | 170/4 | €456,663 | €380,233 | -€76,430 | -16.7% |
| Amounts payable within one year | 42/48 | €105,303 | €118,727 | +€13,424 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €74,616 | €76,430 | +€1,814 | +2.4% |
| Trade debts | 44 | €2,385 | €2,015 | -€370 | -15.5% |
| Suppliers | 440/4 | €2,385 | €2,015 | -€370 | -15.5% |
| Taxes, remuneration and social security | 45 | €10,802 | €10,282 | -€520 | -4.8% |
| Taxes | 450/3 | €10,802 | €10,282 | -€520 | -4.8% |
| Other amounts payable | 47/48 | €17,500 | €30,000 | +€12,500 | +71.4% |
| Accrued charges and deferred income | 492/3 | €0 | €960 | +€960 | |
| Non-recurring operating income | 76A | €22,200 | €0 | -€22,200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,649 | €36,619 | +€8,970 | +32.4% |
| Other operating charges | 640/8 | €3,976 | €4,784 | +€807 | +20.3% |
| Gross operating margin | 9900 | €165,144 | €132,035 | -€33,110 | -20.0% |
| Operating profit (loss) | 9901 | €133,518 | €90,632 | -€42,887 | -32.1% |
| Financial income | 75/76B | €10,416 | €9,784 | -€632 | -6.1% |
| Recurring financial income | 75 | €10,416 | €9,784 | -€632 | -6.1% |
| Financial charges | 65/66B | €6,778 | €15,707 | +€8,929 | +132% |
| Recurring financial charges | 65 | €6,778 | €15,707 | +€8,929 | +132% |
| Profit (loss) for the period before taxes | 9903 | €137,157 | €84,709 | -€52,448 | -38.2% |
| Income taxes | 67/77 | €29,231 | €24,976 | -€4,255 | -14.6% |
| Profit (loss) for the period | 9904 | €107,926 | €59,733 | -€48,193 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €107,926 | €59,733 | -€48,193 | -44.7% |
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 17 October 2026 via checked.be.