PUUR H: 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 H
Largest movements
- Current investments +€40,000
up €40,000 (+25.0%), from €160,000 to €200,000
- Cash +€27,445
up €27,445 (+112%), from €24,539 to €51,984
mainly Net result for the year (+€83,737) and Depreciation (+€12,138)
- Tangible fixed assets -€12,138
down €12,138 (-31.3%), from €38,728 to €26,590
of which Furniture and vehicles: -€12,126
- Reserves +€83,737
up €83,737 (+48.5%), from €172,702 to €256,439
- Tax, wage and social debts -€20,422
down €20,422 (-51.5%), from €39,687 to €19,264
- Current portion of long-term debt -€11,412
down €11,412 (-83.0%), from €13,755 to €2,344
- Gross operating margin -€8,459
down €8,459 (-6.0%), from €141,014 to €132,555
- Taxes +€8,204
up €8,204 (+25.5%), from €32,113 to €40,317
- Financial income +€2,559
up €2,559 (+114%), from €2,244 to €4,802
- Financial charges -€2,361
down €2,361 (-80.6%), from €2,930 to €569
of which Financial charges: -€1,360
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 | €249,513 | €302,206 | +€52,693 | +21.1% |
| Fixed assets | 21/28 | €38,728 | €26,590 | -€12,138 | -31.3% |
| Tangible fixed assets | 22/27 | €38,728 | €26,590 | -€12,138 | -31.3% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €34,624 | €22,498 | -€12,126 | -35.0% |
| Other tangible fixed assets | 26 | €4,104 | €4,093 | -€12 | -0.3% |
| Current assets | 29/58 | €210,785 | €275,616 | +€64,831 | +30.8% |
| Amounts receivable within one year | 40/41 | €25,234 | €22,405 | -€2,830 | -11.2% |
| Trade receivables | 40 | €0 | €182 | +€182 | |
| Other amounts receivable | 41 | €25,234 | €22,223 | -€3,011 | -11.9% |
| Current investments | 50/53 | €160,000 | €200,000 | +€40,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €24,539 | €51,984 | +€27,445 | +112% |
| Deferred charges and accrued income | 490/1 | €1,011 | €1,227 | +€216 | +21.4% |
| Total equity and liabilities | 10/49 | €249,513 | €302,206 | +€52,693 | +21.1% |
| Equity | 10/15 | €191,302 | €275,039 | +€83,737 | +43.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €172,702 | €256,439 | +€83,737 | +48.5% |
| Distributable reserves | 133 | €172,702 | €256,439 | +€83,737 | +48.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €58,210 | €27,167 | -€31,043 | -53.3% |
| Amounts payable after more than one year | 17 | €2,344 | €0 | -€2,344 | -100% |
| Financial debts | 170/4 | €2,344 | €0 | -€2,344 | -100% |
| Amounts payable within one year | 42/48 | €55,867 | €27,156 | -€28,710 | -51.4% |
| Current portion of amounts payable after more than one year | 42 | €13,755 | €2,344 | -€11,412 | -83.0% |
| Trade debts | 44 | €2,425 | €5,134 | +€2,709 | +112% |
| Suppliers | 440/4 | €2,425 | €5,134 | +€2,709 | +112% |
| Taxes, remuneration and social security | 45 | €39,687 | €19,264 | -€20,422 | -51.5% |
| Taxes | 450/3 | €39,687 | €19,264 | -€20,422 | -51.5% |
| Other amounts payable | 47/48 | - | €415 | +€415 | |
| Accrued charges and deferred income | 492/3 | €0 | €11 | +€11 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,266 | €12,138 | -€1,128 | -8.5% |
| Other operating charges | 640/8 | €698 | €597 | -€101 | -14.5% |
| Gross operating margin | 9900 | €141,014 | €132,555 | -€8,459 | -6.0% |
| Operating profit (loss) | 9901 | €127,050 | €119,820 | -€7,230 | -5.7% |
| Financial income | 75/76B | €2,244 | €4,802 | +€2,559 | +114% |
| Recurring financial income | 75 | €2,244 | €4,802 | +€2,559 | +114% |
| Financial charges | 65/66B | €2,930 | €569 | -€2,361 | -80.6% |
| Recurring financial charges | 65 | €1,928 | €569 | -€1,360 | -70.5% |
| Non-recurring financial charges | 66B | €1,002 | €0 | -€1,002 | -100% |
| Profit (loss) for the period before taxes | 9903 | €126,363 | €124,054 | -€2,310 | -1.8% |
| Income taxes | 67/77 | €32,113 | €40,317 | +€8,204 | +25.5% |
| Profit (loss) for the period | 9904 | €94,251 | €83,737 | -€10,514 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €94,251 | €83,737 | -€10,514 | -11.2% |
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 22 October 2026 via checked.be.