PUZTRANS: 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.
PUZTRANS
Largest movements
- Current investments +€6,332
up €6,332 (+15076.2%), from €42 to €6,374
- Cash -€5,604
no longer reported in 2025 (was €5,604)
mainly Accrued charges and deferred income (-€8,616) and Tax, wage and social debts (-€6,753)
- Receivables within one year -€4,465
down €4,465 (-7.1%), from €62,960 to €58,495
of which Trade receivables: -€10,485
- Accrued charges and deferred income -€8,616
no longer reported in 2025 (was €8,616)
- Tax, wage and social debts -€6,753
down €6,753 (-92.4%), from €7,309 to €556
- Profit (loss) carried forward +€6,487
up €6,487 (+15.1%), from €43,029 to €49,516
- Trade debts +€5,145
new in 2025: €5,145
- Other operating charges -€1,519
down €1,519 (-62.7%), from €2,422 to €903
- Taxes -€1,400
no longer reported in 2025 (was €1,400)
- Depreciation -€1,186
no longer reported in 2025 (was €1,186)
- Financial charges -€892
down €892 (-95.9%), from €930 to €38
- Gross operating margin +€362
up €362 (+5.1%), from €7,066 to €7,428
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 | €75,204 | €71,467 | -€3,737 | -5.0% |
| Fixed assets | 21/28 | €6,598 | €6,598 | = | 0.0% |
| Tangible fixed assets | 22/27 | €6,598 | €6,598 | = | 0.0% |
| Furniture and vehicles | 24 | €6,598 | €6,598 | = | 0.0% |
| Current assets | 29/58 | €68,606 | €64,869 | -€3,737 | -5.4% |
| Amounts receivable within one year | 40/41 | €62,960 | €58,495 | -€4,465 | -7.1% |
| Trade receivables | 40 | €10,485 | - | -€10,485 | |
| Other amounts receivable | 41 | €52,475 | €58,495 | +€6,020 | +11.5% |
| Current investments | 50/53 | €42 | €6,374 | +€6,332 | +15076.2% |
| Cash at bank and in hand | 54/58 | €5,604 | - | -€5,604 | |
| Total equity and liabilities | 10/49 | €75,204 | €71,467 | -€3,737 | -5.0% |
| Equity | 10/15 | €49,229 | €55,716 | +€6,487 | +13.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,029 | €49,516 | +€6,487 | +15.1% |
| Amounts payable | 17/49 | €25,975 | €15,751 | -€10,224 | -39.4% |
| Amounts payable after more than one year | 17 | €10,050 | €10,050 | = | 0.0% |
| Financial debts | 170/4 | €10,050 | €10,050 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,309 | €5,701 | -€1,608 | -22.0% |
| Trade debts | 44 | - | €5,145 | +€5,145 | |
| Suppliers | 440/4 | - | €5,145 | +€5,145 | |
| Taxes, remuneration and social security | 45 | €7,309 | €556 | -€6,753 | -92.4% |
| Remuneration and social security | 454/9 | €7,309 | €556 | -€6,753 | -92.4% |
| Accrued charges and deferred income | 492/3 | €8,616 | - | -€8,616 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,186 | - | -€1,186 | |
| Other operating charges | 640/8 | €2,422 | €903 | -€1,519 | -62.7% |
| Gross operating margin | 9900 | €7,066 | €7,428 | +€362 | +5.1% |
| Operating profit (loss) | 9901 | €3,458 | €6,525 | +€3,067 | +88.7% |
| Financial income | 75/76B | €330 | - | -€330 | |
| Recurring financial income | 75 | €330 | - | -€330 | |
| Financial charges | 65/66B | €930 | €38 | -€892 | -95.9% |
| Recurring financial charges | 65 | €930 | €38 | -€892 | -95.9% |
| Profit (loss) for the period before taxes | 9903 | €2,858 | €6,487 | +€3,629 | +127.0% |
| Income taxes | 67/77 | €1,400 | - | -€1,400 | |
| Profit (loss) for the period | 9904 | €1,458 | €6,487 | +€5,029 | +344.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,458 | €6,487 | +€5,029 | +344.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.