PYM: 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.
PYM
Largest movements
- Receivables within one year +€17,768
up €17,768 (+36.6%), from €48,577 to €66,345
of which Trade receivables: +€30,151
- Cash -€5,941
down €5,941 (-22.9%), from €25,892 to €19,951
mainly Receivables within one year (-€17,768) and Net result for the year (-€3,498)
- Tangible fixed assets -€4,499
down €4,499 (-53.4%), from €8,419 to €3,920
- Deferred charges and accrued income +€2,351
up €2,351 (+2006.1%), from €117 to €2,469
- Trade debts +€17,589
up €17,589 (+43.5%), from €40,463 to €58,051
- Profit (loss) carried forward -€3,498
down €3,498 (-17.4%), from €20,117 to €16,619
- Debts after one year -€2,799
down €2,799 (-32.7%), from €8,560 to €5,761
- Staff costs +€5,418
new in 2024: €5,418
- Gross operating margin -€2,515
down €2,515 (-22.9%), from €10,995 to €8,480
- Taxes -€2,420
down €2,420 (-94.2%), from €2,570 to €150
- Financial charges -€489
down €489 (-30.7%), from €1,591 to €1,102
- Financial income -€117
down €117 (-99.9%), from €117 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,006 | €92,890 | +€9,884 | +11.9% |
| Fixed assets | 21/28 | €8,419 | €4,125 | -€4,294 | -51.0% |
| Tangible fixed assets | 22/27 | €8,419 | €3,920 | -€4,499 | -53.4% |
| Furniture and vehicles | 24 | €8,419 | €3,920 | -€4,499 | -53.4% |
| Financial fixed assets | 28 | - | €205 | +€205 | |
| Current assets | 29/58 | €74,586 | €88,765 | +€14,178 | +19.0% |
| Amounts receivable within one year | 40/41 | €48,577 | €66,345 | +€17,768 | +36.6% |
| Trade receivables | 40 | €11,352 | €41,503 | +€30,151 | +265.6% |
| Other amounts receivable | 41 | €37,224 | €24,842 | -€12,383 | -33.3% |
| Cash at bank and in hand | 54/58 | €25,892 | €19,951 | -€5,941 | -22.9% |
| Deferred charges and accrued income | 490/1 | €117 | €2,469 | +€2,351 | +2006.1% |
| Total equity and liabilities | 10/49 | €83,006 | €92,890 | +€9,884 | +11.9% |
| Equity | 10/15 | €23,117 | €19,619 | -€3,498 | -15.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,117 | €16,619 | -€3,498 | -17.4% |
| Amounts payable | 17/49 | €59,889 | €73,271 | +€13,382 | +22.3% |
| Amounts payable after more than one year | 17 | €8,560 | €5,761 | -€2,799 | -32.7% |
| Financial debts | 170/4 | €8,560 | €5,761 | -€2,799 | -32.7% |
| Amounts payable within one year | 42/48 | €51,329 | €67,509 | +€16,181 | +31.5% |
| Current portion of amounts payable after more than one year | 42 | €2,666 | €2,799 | +€133 | +5.0% |
| Trade debts | 44 | €40,463 | €58,051 | +€17,589 | +43.5% |
| Suppliers | 440/4 | €40,463 | €58,051 | +€17,589 | +43.5% |
| Taxes, remuneration and social security | 45 | €3,688 | €3,063 | -€626 | -17.0% |
| Taxes | 450/3 | €3,688 | €3,063 | -€626 | -17.0% |
| Other amounts payable | 47/48 | €4,511 | €3,596 | -€915 | -20.3% |
| Remuneration, social security and pensions | 62 | - | €5,418 | +€5,418 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,604 | €4,499 | -€104 | -2.3% |
| Other operating charges | 640/8 | €838 | €808 | -€30 | -3.6% |
| Gross operating margin | 9900 | €10,995 | €8,480 | -€2,515 | -22.9% |
| Operating profit (loss) | 9901 | €5,553 | -€2,246 | -€7,799 | |
| Financial income | 75/76B | €117 | €0 | -€117 | -99.9% |
| Recurring financial income | 75 | €117 | €0 | -€117 | -99.9% |
| Financial charges | 65/66B | €1,591 | €1,102 | -€489 | -30.7% |
| Recurring financial charges | 65 | €1,591 | €1,102 | -€489 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €4,079 | -€3,348 | -€7,427 | |
| Income taxes | 67/77 | €2,570 | €150 | -€2,420 | -94.2% |
| Profit (loss) for the period | 9904 | €1,510 | -€3,498 | -€5,007 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,510 | -€3,498 | -€5,007 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.