PY SERVICES: what changed
Two fiscal 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.
PY SERVICES
Largest movements
- Cash +€65,595
up €65,595 (+362.8%), from €18,082 to €83,677
mainly Net result for the year (+€56,249) and Tax, wage and social debts (+€8,271)
- Receivables within one year +€1,863
up €1,863 (+15.6%), from €11,931 to €13,794
- Deferred charges and accrued income -€1,835
down €1,835 (-21.4%), from €8,576 to €6,741
- Reserves +€56,249
up €56,249 (+228.3%), from €24,638 to €80,887
- Tax, wage and social debts +€8,271
up €8,271 (+63.1%), from €13,116 to €21,388
- Gross operating margin +€41,227
up €41,227 (+128.8%), from €32,018 to €73,245
- Taxes +€8,388
up €8,388 (+129.6%), from €6,472 to €14,859
- Financial charges +€1,164
up €1,164 (+151.7%), from €767 to €1,931
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 | €40,992 | €107,596 | +€66,604 | +162.5% |
| Fixed assets | 21/28 | €2,404 | €3,384 | +€980 | +40.8% |
| Tangible fixed assets | 22/27 | €2,404 | €3,384 | +€980 | +40.8% |
| Land and buildings | 22 | €893 | €798 | -€95 | -10.6% |
| Plant, machinery and equipment | 23 | €1,511 | €1,352 | -€159 | -10.6% |
| Furniture and vehicles | 24 | - | €1,235 | +€1,235 | |
| Current assets | 29/58 | €38,588 | €104,212 | +€65,623 | +170.1% |
| Amounts receivable within one year | 40/41 | €11,931 | €13,794 | +€1,863 | +15.6% |
| Trade receivables | 40 | €11,931 | €13,794 | +€1,863 | +15.6% |
| Cash at bank and in hand | 54/58 | €18,082 | €83,677 | +€65,595 | +362.8% |
| Deferred charges and accrued income | 490/1 | €8,576 | €6,741 | -€1,835 | -21.4% |
| Total equity and liabilities | 10/49 | €40,992 | €107,596 | +€66,604 | +162.5% |
| Equity | 10/15 | €27,638 | €83,887 | +€56,249 | +203.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €24,638 | €80,887 | +€56,249 | +228.3% |
| Distributable reserves | 133 | €24,638 | €80,887 | +€56,249 | +228.3% |
| Amounts payable | 17/49 | €13,354 | €23,709 | +€10,354 | +77.5% |
| Amounts payable within one year | 42/48 | €13,354 | €23,709 | +€10,354 | +77.5% |
| Trade debts | 44 | €238 | €1,296 | +€1,058 | +444.8% |
| Suppliers | 440/4 | €238 | €1,296 | +€1,058 | +444.8% |
| Taxes, remuneration and social security | 45 | €13,116 | €21,388 | +€8,271 | +63.1% |
| Taxes | 450/3 | €13,116 | €21,388 | +€8,271 | +63.1% |
| Other amounts payable | 47/48 | - | €1,025 | +€1,025 | |
| Non-recurring operating income | 76A | €893 | - | -€893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141 | €639 | +€498 | +354.1% |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Gross operating margin | 9900 | €32,018 | €73,245 | +€41,227 | +128.8% |
| Operating profit (loss) | 9901 | €31,878 | €72,544 | +€40,666 | +127.6% |
| Financial income | 75/76B | - | €496 | +€496 | |
| Recurring financial income | 75 | - | €496 | +€496 | |
| Financial charges | 65/66B | €767 | €1,931 | +€1,164 | +151.7% |
| Recurring financial charges | 65 | €767 | €1,931 | +€1,164 | +151.7% |
| Profit (loss) for the period before taxes | 9903 | €31,110 | €71,109 | +€39,998 | +128.6% |
| Income taxes | 67/77 | €6,472 | €14,859 | +€8,388 | +129.6% |
| Profit (loss) for the period | 9904 | €24,638 | €56,249 | +€31,611 | +128.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,638 | €56,249 | +€31,611 | +128.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.