PUUR SLAPEN: 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 SLAPEN
Largest movements
- Receivables within one year +€102,509
up €102,509 (+404%), from €25,346 to €127,855
of which Trade receivables: +€109,511
- Cash +€20,973
up €20,973 (+53.5%), from €39,237 to €60,209
mainly Trade debts (+€96,866) and Net result for the year (+€45,524)
- Tangible fixed assets -€16,352
down €16,352 (-11.2%), from €146,225 to €129,872
of which Plant, machinery and equipment: -€9,494
- Stocks and contracts +€7,775
up €7,775 (+4.0%), from €195,076 to €202,851
- Trade debts +€96,866
up €96,866 (+124%), from €78,201 to €175,068
- Debts after one year -€86,751
down €86,751 (-32.9%), from €263,643 to €176,892
of which Other amounts payable: -€62,504
- Reserves +€35,266
new in 2025: €35,266
- Short-term financial debts +€30,538
up €30,538 (+805%), from €3,792 to €34,330
- Tax, wage and social debts +€25,436
up €25,436 (+138%), from €18,404 to €43,840
of which Taxes: +€17,561
- Staff costs +€45,076
up €45,076 (+65.3%), from €69,041 to €114,118
- Write-downs +€20,000
up €20,000, from -€20,000 to €0
- Gross operating margin +€16,538
up €16,538 (+8.8%), from €188,804 to €205,342
- Financial charges -€6,994
down €6,994 (-37.3%), from €18,744 to €11,750
- Depreciation +€3,993
up €3,993 (+14.5%), from €27,550 to €31,543
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 | €449,948 | €564,852 | +€114,904 | +25.5% |
| Fixed assets | 21/28 | €190,289 | €173,937 | -€16,352 | -8.6% |
| Tangible fixed assets | 22/27 | €146,225 | €129,872 | -€16,352 | -11.2% |
| Plant, machinery and equipment | 23 | €114,143 | €104,650 | -€9,494 | -8.3% |
| Furniture and vehicles | 24 | €18,854 | €17,997 | -€856 | -4.5% |
| Leasing and similar rights | 25 | €13,228 | €7,226 | -€6,002 | -45.4% |
| Financial fixed assets | 28 | €44,065 | €44,065 | = | 0.0% |
| Current assets | 29/58 | €259,658 | €390,915 | +€131,257 | +50.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €195,076 | €202,851 | +€7,775 | +4.0% |
| Stocks | 30/36 | €195,076 | €202,851 | +€7,775 | +4.0% |
| Amounts receivable within one year | 40/41 | €25,346 | €127,855 | +€102,509 | +404% |
| Trade receivables | 40 | €17,832 | €127,343 | +€109,511 | +614% |
| Other amounts receivable | 41 | €7,514 | €513 | -€7,002 | -93.2% |
| Cash at bank and in hand | 54/58 | €39,237 | €60,209 | +€20,973 | +53.5% |
| Total equity and liabilities | 10/49 | €449,948 | €564,852 | +€114,904 | +25.5% |
| Equity | 10/15 | €39,742 | €85,266 | +€45,524 | +115% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | - | €35,266 | +€35,266 | |
| Distributable reserves | 133 | - | €35,266 | +€35,266 | |
| Profit (loss) carried forward | 14 | -€10,258 | €0 | +€10,258 | |
| Amounts payable | 17/49 | €410,206 | €479,587 | +€69,381 | +16.9% |
| Amounts payable after more than one year | 17 | €263,643 | €176,892 | -€86,751 | -32.9% |
| Financial debts | 170/4 | €148,400 | €124,153 | -€24,247 | -16.3% |
| Other amounts payable | 178/9 | €115,244 | €52,739 | -€62,504 | -54.2% |
| Amounts payable within one year | 42/48 | €146,562 | €302,694 | +€156,132 | +107% |
| Current portion of amounts payable after more than one year | 42 | €24,400 | €24,766 | +€366 | +1.5% |
| Financial debts | 43 | €3,792 | €34,330 | +€30,538 | +805% |
| Credit institutions | 430/8 | €3,792 | €34,330 | +€30,538 | +805% |
| Trade debts | 44 | €78,201 | €175,068 | +€96,866 | +124% |
| Suppliers | 440/4 | €78,201 | €175,068 | +€96,866 | +124% |
| Advances received on contracts in progress | 46 | €8,960 | €630 | -€8,330 | -93.0% |
| Taxes, remuneration and social security | 45 | €18,404 | €43,840 | +€25,436 | +138% |
| Taxes | 450/3 | €6,947 | €24,508 | +€17,561 | +253% |
| Remuneration and social security | 454/9 | €11,457 | €19,332 | +€7,875 | +68.7% |
| Other amounts payable | 47/48 | €12,805 | €24,060 | +€11,255 | +87.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €69,041 | €114,118 | +€45,076 | +65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,550 | €31,543 | +€3,993 | +14.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€20,000 | €0 | +€20,000 | |
| Other operating charges | 640/8 | €5,340 | €2,322 | -€3,018 | -56.5% |
| Gross operating margin | 9900 | €188,804 | €205,342 | +€16,538 | +8.8% |
| Operating profit (loss) | 9901 | €106,873 | €57,360 | -€49,513 | -46.3% |
| Financial income | 75/76B | €1,656 | €16 | -€1,641 | -99.0% |
| Recurring financial income | 75 | €1,656 | €16 | -€1,641 | -99.0% |
| Financial charges | 65/66B | €18,744 | €11,750 | -€6,994 | -37.3% |
| Recurring financial charges | 65 | €18,744 | €11,750 | -€6,994 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €89,785 | €45,625 | -€44,160 | -49.2% |
| Income taxes | 67/77 | €59 | €102 | +€42 | +71.6% |
| Profit (loss) for the period | 9904 | €89,726 | €45,524 | -€44,202 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €89,726 | €45,524 | -€44,202 | -49.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.