PURSUMA: 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.
PURSUMA
Largest movements
- Cash -€22,480
down €22,480 (-32.1%), from €70,088 to €47,608
mainly Contributions, distributions and other (-€13,459) and Current investments (-€10,410)
- Current investments +€10,410
up €10,410 (+65.7%), from €15,854 to €26,264
- Receivables within one year +€5,457
up €5,457 (+6.1%), from €89,801 to €95,258
of which Other amounts receivable: +€5,290
- Tangible fixed assets +€5,048
up €5,048 (+40.0%), from €12,605 to €17,653
of which Land and buildings: +€4,610
- Reserves +€5,594
up €5,594 (+3.4%), from €165,600 to €171,194
- Tax, wage and social debts -€4,491
down €4,491 (-33.9%), from €13,252 to €8,761
- Short-term financial debts -€2,823
down €2,823 (-100.0%), from €2,823 to €0
- Gross operating margin -€35,377
down €35,377 (-37.2%), from €95,226 to €59,849
- Financial charges +€18,749
up €18,749 (+408.0%), from €4,595 to €23,344
- Taxes -€11,254
down €11,254 (-43.4%), from €25,944 to €14,691
- Financial income +€2,879
up €2,879 (+3597.1%), from €80 to €2,959
- Depreciation +€1,091
up €1,091 (+35.2%), from €3,100 to €4,191
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 | €188,349 | €186,783 | -€1,565 | -0.8% |
| Fixed assets | 21/28 | €12,605 | €17,653 | +€5,048 | +40.0% |
| Tangible fixed assets | 22/27 | €12,605 | €17,653 | +€5,048 | +40.0% |
| Land and buildings | 22 | €8,483 | €13,093 | +€4,610 | +54.3% |
| Furniture and vehicles | 24 | €4,122 | €4,560 | +€438 | +10.6% |
| Current assets | 29/58 | €175,743 | €169,130 | -€6,613 | -3.8% |
| Amounts receivable within one year | 40/41 | €89,801 | €95,258 | +€5,457 | +6.1% |
| Trade receivables | 40 | €18,277 | €18,443 | +€166 | +0.9% |
| Other amounts receivable | 41 | €71,525 | €76,815 | +€5,290 | +7.4% |
| Current investments | 50/53 | €15,854 | €26,264 | +€10,410 | +65.7% |
| Cash at bank and in hand | 54/58 | €70,088 | €47,608 | -€22,480 | -32.1% |
| Total equity and liabilities | 10/49 | €188,349 | €186,783 | -€1,565 | -0.8% |
| Equity | 10/15 | €171,800 | €177,394 | +€5,594 | +3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €165,600 | €171,194 | +€5,594 | +3.4% |
| Distributable reserves | 133 | €165,600 | €171,194 | +€5,594 | +3.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,549 | €9,389 | -€7,159 | -43.3% |
| Amounts payable within one year | 42/48 | €16,549 | €9,389 | -€7,159 | -43.3% |
| Financial debts | 43 | €2,823 | €0 | -€2,823 | -100.0% |
| Credit institutions | 430/8 | €2,823 | €0 | -€2,823 | -100.0% |
| Trade debts | 44 | €474 | €421 | -€54 | -11.3% |
| Suppliers | 440/4 | €474 | €421 | -€54 | -11.3% |
| Taxes, remuneration and social security | 45 | €13,252 | €8,761 | -€4,491 | -33.9% |
| Taxes | 450/3 | €13,252 | €8,761 | -€4,491 | -33.9% |
| Other amounts payable | 47/48 | €0 | €208 | +€208 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,100 | €4,191 | +€1,091 | +35.2% |
| Other operating charges | 640/8 | €1,597 | €1,529 | -€68 | -4.3% |
| Gross operating margin | 9900 | €95,226 | €59,849 | -€35,377 | -37.2% |
| Operating profit (loss) | 9901 | €90,529 | €54,129 | -€36,400 | -40.2% |
| Financial income | 75/76B | €80 | €2,959 | +€2,879 | +3597.1% |
| Recurring financial income | 75 | €80 | €2,959 | +€2,879 | +3597.1% |
| Financial charges | 65/66B | €4,595 | €23,344 | +€18,749 | +408.0% |
| Recurring financial charges | 65 | €4,595 | €23,344 | +€18,749 | +408.0% |
| Profit (loss) for the period before taxes | 9903 | €86,014 | €33,744 | -€52,270 | -60.8% |
| Income taxes | 67/77 | €25,944 | €14,691 | -€11,254 | -43.4% |
| Profit (loss) for the period | 9904 | €60,070 | €19,053 | -€41,017 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €60,070 | €19,053 | -€41,017 | -68.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.