Pushpapy: 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.
Pushpapy
Largest movements
- Receivables within one year +€56,893
up €56,893 (+168.0%), from €33,857 to €90,750
- Cash +€13,354
up €13,354 (+42.2%), from €31,633 to €44,988
mainly Net result for the year (+€68,322) and Tax, wage and social debts (+€8,101)
- Profit (loss) carried forward +€68,322
up €68,322 (+96.4%), from -€70,856 to -€2,534
- Tax, wage and social debts +€8,101
up €8,101 (+153.0%), from €5,294 to €13,395
- Trade debts -€7,975
down €7,975 (-90.2%), from €8,842 to €868
- Accrued charges and deferred income +€1,449
up €1,449 (+22.2%), from €6,528 to €7,976
- Gross operating margin +€64,160
up €64,160 (+785.1%), from €8,173 to €72,333
- Taxes +€2,077
up €2,077, from €0 to €2,077
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 | €65,491 | €135,738 | +€70,247 | +107.3% |
| Current assets | 29/58 | €65,491 | €135,738 | +€70,247 | +107.3% |
| Amounts receivable within one year | 40/41 | €33,857 | €90,750 | +€56,893 | +168.0% |
| Trade receivables | 40 | €33,857 | €90,750 | +€56,893 | +168.0% |
| Cash at bank and in hand | 54/58 | €31,633 | €44,988 | +€13,354 | +42.2% |
| Total equity and liabilities | 10/49 | €65,491 | €135,738 | +€70,247 | +107.3% |
| Equity | 10/15 | -€50,396 | €17,926 | +€68,322 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,856 | -€2,534 | +€68,322 | +96.4% |
| Amounts payable | 17/49 | €115,886 | €117,811 | +€1,925 | +1.7% |
| Amounts payable after more than one year | 17 | €20,460 | €20,460 | = | 0.0% |
| Financial debts | 170/4 | €20,460 | €20,460 | = | 0.0% |
| Amounts payable within one year | 42/48 | €88,899 | €89,375 | +€476 | +0.5% |
| Trade debts | 44 | €8,842 | €868 | -€7,975 | -90.2% |
| Suppliers | 440/4 | €8,842 | €868 | -€7,975 | -90.2% |
| Taxes, remuneration and social security | 45 | €5,294 | €13,395 | +€8,101 | +153.0% |
| Taxes | 450/3 | €5,294 | €13,395 | +€8,101 | +153.0% |
| Other amounts payable | 47/48 | €74,762 | €75,113 | +€350 | +0.5% |
| Accrued charges and deferred income | 492/3 | €6,528 | €7,976 | +€1,449 | +22.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €8,173 | €72,333 | +€64,160 | +785.1% |
| Operating profit (loss) | 9901 | €7,785 | €71,933 | +€64,148 | +824.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €1,748 | €1,534 | -€214 | -12.2% |
| Recurring financial charges | 65 | €1,748 | €1,534 | -€214 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €6,038 | €70,399 | +€64,361 | +1065.9% |
| Income taxes | 67/77 | €0 | €2,077 | +€2,077 | |
| Profit (loss) for the period | 9904 | €6,038 | €68,322 | +€62,284 | +1031.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,038 | €68,322 | +€62,284 | +1031.5% |
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 12 October 2026 via checked.be.