PUUR GS: 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.
PUUR GS
Largest movements
- Cash -€5,457
down €5,457 (-10.8%), from €50,499 to €45,043
mainly Investment in fixed assets (net) (-€43,783) and Tax, wage and social debts (-€6,866)
- Stocks and contracts +€5,107
up €5,107 (+14.2%), from €35,846 to €40,954
- Trade debts +€8,135
up €8,135 (+63.1%), from €12,895 to €21,030
- Tax, wage and social debts -€6,866
down €6,866 (-27.2%), from €25,262 to €18,396
of which Remuneration and social security: -€7,180
- Staff costs -€6,484
down €6,484 (-7.1%), from €91,439 to €84,955
- Depreciation +€6,008
up €6,008 (+14.7%), from €40,951 to €46,959
- Gross operating margin -€3,852
down €3,852 (-2.6%), from €150,259 to €146,406
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 | €433,654 | €433,625 | -€30 | 0.0% |
| Fixed assets | 21/28 | €344,559 | €341,383 | -€3,176 | -0.9% |
| Tangible fixed assets | 22/27 | €344,559 | €341,383 | -€3,176 | -0.9% |
| Land and buildings | 22 | €191,129 | €219,981 | +€28,852 | +15.1% |
| Plant, machinery and equipment | 23 | €89,232 | €74,092 | -€15,140 | -17.0% |
| Furniture and vehicles | 24 | €64,199 | €47,311 | -€16,888 | -26.3% |
| Current assets | 29/58 | €89,095 | €92,241 | +€3,146 | +3.5% |
| Stocks and contracts in progress | 3 | €35,846 | €40,954 | +€5,107 | +14.2% |
| Stocks | 30/36 | €35,846 | €40,954 | +€5,107 | +14.2% |
| Amounts receivable within one year | 40/41 | €2,657 | €3,158 | +€501 | +18.9% |
| Trade receivables | 40 | €308 | €0 | -€308 | -100% |
| Other amounts receivable | 41 | €2,349 | €3,158 | +€809 | +34.4% |
| Cash at bank and in hand | 54/58 | €50,499 | €45,043 | -€5,457 | -10.8% |
| Deferred charges and accrued income | 490/1 | €92 | €3,087 | +€2,995 | +3,241% |
| Total equity and liabilities | 10/49 | €433,654 | €433,625 | -€30 | 0.0% |
| Equity | 10/15 | €120,560 | €120,158 | -€402 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,960 | €101,558 | -€402 | -0.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €101,960 | €101,558 | -€402 | -0.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €313,094 | €313,466 | +€372 | +0.1% |
| Amounts payable after more than one year | 17 | €239,301 | €235,864 | -€3,438 | -1.4% |
| Financial debts | 170/4 | €239,301 | €235,864 | -€3,438 | -1.4% |
| Amounts payable within one year | 42/48 | €72,556 | €77,603 | +€5,046 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €31,795 | €35,572 | +€3,777 | +11.9% |
| Trade debts | 44 | €12,895 | €21,030 | +€8,135 | +63.1% |
| Suppliers | 440/4 | €12,895 | €21,030 | +€8,135 | +63.1% |
| Taxes, remuneration and social security | 45 | €25,262 | €18,396 | -€6,866 | -27.2% |
| Taxes | 450/3 | €13,554 | €13,868 | +€314 | +2.3% |
| Remuneration and social security | 454/9 | €11,709 | €4,528 | -€7,180 | -61.3% |
| Other amounts payable | 47/48 | €2,605 | €2,605 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,236 | €0 | -€1,236 | -100% |
| Remuneration, social security and pensions | 62 | €91,439 | €84,955 | -€6,484 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,951 | €46,959 | +€6,008 | +14.7% |
| Other operating charges | 640/8 | €5,209 | €5,233 | +€24 | +0.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €150,259 | €146,406 | -€3,852 | -2.6% |
| Operating profit (loss) | 9901 | €12,660 | €9,259 | -€3,400 | -26.9% |
| Financial income | 75/76B | €51 | €0 | -€51 | -99.9% |
| Recurring financial income | 75 | €51 | €0 | -€51 | -99.9% |
| Financial charges | 65/66B | €5,567 | €6,964 | +€1,397 | +25.1% |
| Recurring financial charges | 65 | €5,567 | €6,964 | +€1,397 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | €7,144 | €2,295 | -€4,849 | -67.9% |
| Income taxes | 67/77 | €2,341 | €2,697 | +€356 | +15.2% |
| Profit (loss) for the period | 9904 | €4,803 | -€402 | -€5,205 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,803 | -€402 | -€5,205 |
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 30 October 2026 via checked.be.