PYC: 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.
PYC
Largest movements
- Receivables within one year -€214,385
down €214,385 (-92.8%), from €231,118 to €16,733
of which Other amounts receivable: -€212,299
- Cash +€56,258
up €56,258 (+2019.4%), from €2,786 to €59,043
mainly Receivables within one year (+€214,385) and Other debts (+€4,152)
- Profit (loss) carried forward -€167,001
down €167,001 (-85.3%), from €195,798 to €28,797
- Other debts +€4,152
up €4,152 (+17.8%), from €23,382 to €27,534
- Other operating charges +€122,059
up €122,059 (+20041.2%), from €609 to €122,668
- Gross operating margin +€51,630
up €51,630 (+56.6%), from -€91,210 to -€39,580
- Financial charges +€2,085
up €2,085 (+653.2%), from €319 to €2,404
of which Non-recurring financial charges: +€2,067
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 | €285,560 | €123,582 | -€161,977 | -56.7% |
| Fixed assets | 21/28 | €50,423 | €47,566 | -€2,857 | -5.7% |
| Tangible fixed assets | 22/27 | €28,351 | €27,561 | -€790 | -2.8% |
| Land and buildings | 22 | €24,319 | €23,864 | -€455 | -1.9% |
| Furniture and vehicles | 24 | €1,735 | €1,763 | +€27 | +1.6% |
| Other tangible fixed assets | 26 | €2,297 | €1,934 | -€363 | -15.8% |
| Financial fixed assets | 28 | €22,072 | €20,005 | -€2,067 | -9.4% |
| Current assets | 29/58 | €235,136 | €76,016 | -€159,120 | -67.7% |
| Amounts receivable within one year | 40/41 | €231,118 | €16,733 | -€214,385 | -92.8% |
| Trade receivables | 40 | €5,349 | €3,262 | -€2,087 | -39.0% |
| Other amounts receivable | 41 | €225,770 | €13,471 | -€212,299 | -94.0% |
| Cash at bank and in hand | 54/58 | €2,786 | €59,043 | +€56,258 | +2019.4% |
| Deferred charges and accrued income | 490/1 | €1,232 | €240 | -€992 | -80.5% |
| Total equity and liabilities | 10/49 | €285,560 | €123,582 | -€161,977 | -56.7% |
| Equity | 10/15 | €254,658 | €87,657 | -€167,001 | -65.6% |
| Contributions | 10/11 | €11,860 | €11,860 | = | 0.0% |
| Reserves | 13 | €47,000 | €47,000 | = | 0.0% |
| Distributable reserves | 133 | €47,000 | €47,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €195,798 | €28,797 | -€167,001 | -85.3% |
| Amounts payable | 17/49 | €30,902 | €35,925 | +€5,023 | +16.3% |
| Amounts payable within one year | 42/48 | €30,902 | €35,925 | +€5,023 | +16.3% |
| Trade debts | 44 | €4,716 | €3,059 | -€1,657 | -35.1% |
| Suppliers | 440/4 | €4,716 | €3,059 | -€1,657 | -35.1% |
| Taxes, remuneration and social security | 45 | €2,804 | €5,332 | +€2,528 | +90.2% |
| Taxes | 450/3 | €304 | €332 | +€28 | +9.3% |
| Remuneration and social security | 454/9 | €2,500 | €5,000 | +€2,500 | +100.0% |
| Other amounts payable | 47/48 | €23,382 | €27,534 | +€4,152 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,706 | €2,029 | -€677 | -25.0% |
| Other operating charges | 640/8 | €609 | €122,668 | +€122,059 | +20041.2% |
| Gross operating margin | 9900 | -€91,210 | -€39,580 | +€51,630 | +56.6% |
| Operating profit (loss) | 9901 | -€94,525 | -€164,277 | -€69,752 | -73.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €319 | €2,404 | +€2,085 | +653.2% |
| Recurring financial charges | 65 | €319 | €337 | +€18 | +5.6% |
| Non-recurring financial charges | 66B | - | €2,067 | +€2,067 | |
| Profit (loss) for the period before taxes | 9903 | -€94,844 | -€166,681 | -€71,837 | -75.7% |
| Income taxes | 67/77 | €304 | €320 | +€15 | +5.0% |
| Profit (loss) for the period | 9904 | -€95,149 | -€167,001 | -€71,852 | -75.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€95,149 | -€167,001 | -€71,852 | -75.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.