PYTHIA ADVISORY SERVICES: 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.
PYTHIA ADVISORY SERVICES
Largest movements
- Current investments -€21,254
down €21,254 (-29.8%), from €71,228 to €49,974
- Tangible fixed assets -€21,153
down €21,153 (-65.9%), from €32,082 to €10,929
of which Furniture and vehicles: -€20,613
- Cash +€6,965
up €6,965 (+39.8%), from €17,486 to €24,451
mainly Current investments (+€21,254) and Depreciation (+€21,153)
- Deferred charges and accrued income +€2,677
up €2,677 (+205.8%), from €1,301 to €3,978
- Receivables within one year +€2,301
up €2,301 (+60.6%), from €3,796 to €6,096
of which Trade receivables: +€2,134
- Profit (loss) carried forward -€24,910
down €24,910 (-68.7%), from -€36,233 to -€61,143
- Other debts -€7,304
down €7,304 (-59.8%), from €12,208 to €4,904
- Trade debts +€1,902
up €1,902 (+104.0%), from €1,828 to €3,730
- Gross operating margin +€2,323
up €2,323 (+42.8%), from -€5,423 to -€3,100
- Financial income -€1,207
down €1,207 (-68.8%), from €1,754 to €547
- Taxes +€210
up €210 (+101.9%), from €206 to €416
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 | €125,893 | €95,429 | -€30,464 | -24.2% |
| Fixed assets | 21/28 | €32,082 | €10,929 | -€21,153 | -65.9% |
| Tangible fixed assets | 22/27 | €32,082 | €10,929 | -€21,153 | -65.9% |
| Plant, machinery and equipment | 23 | €1,251 | €711 | -€540 | -43.1% |
| Furniture and vehicles | 24 | €30,832 | €10,218 | -€20,613 | -66.9% |
| Current assets | 29/58 | €93,811 | €84,500 | -€9,311 | -9.9% |
| Amounts receivable within one year | 40/41 | €3,796 | €6,096 | +€2,301 | +60.6% |
| Trade receivables | 40 | €3,541 | €5,675 | +€2,134 | +60.3% |
| Other amounts receivable | 41 | €255 | €421 | +€166 | +65.3% |
| Current investments | 50/53 | €71,228 | €49,974 | -€21,254 | -29.8% |
| Cash at bank and in hand | 54/58 | €17,486 | €24,451 | +€6,965 | +39.8% |
| Deferred charges and accrued income | 490/1 | €1,301 | €3,978 | +€2,677 | +205.8% |
| Total equity and liabilities | 10/49 | €125,893 | €95,429 | -€30,464 | -24.2% |
| Equity | 10/15 | €111,454 | €86,544 | -€24,910 | -22.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €117,686 | €117,686 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,573 | €1,573 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,573 | €1,573 | = | 0.0% |
| Distributable reserves | 133 | €116,113 | €116,113 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,233 | -€61,143 | -€24,910 | -68.7% |
| Amounts payable | 17/49 | €14,439 | €8,885 | -€5,554 | -38.5% |
| Amounts payable within one year | 42/48 | €14,035 | €8,885 | -€5,150 | -36.7% |
| Trade debts | 44 | €1,828 | €3,730 | +€1,902 | +104.0% |
| Suppliers | 440/4 | €1,828 | €3,730 | +€1,902 | +104.0% |
| Taxes, remuneration and social security | 45 | - | €252 | +€252 | |
| Taxes | 450/3 | - | €252 | +€252 | |
| Other amounts payable | 47/48 | €12,208 | €4,904 | -€7,304 | -59.8% |
| Accrued charges and deferred income | 492/3 | €404 | - | -€404 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,153 | €21,153 | = | 0.0% |
| Other operating charges | 640/8 | €691 | €732 | +€41 | +6.0% |
| Gross operating margin | 9900 | -€5,423 | -€3,100 | +€2,323 | +42.8% |
| Operating profit (loss) | 9901 | -€27,267 | -€24,986 | +€2,281 | +8.4% |
| Financial income | 75/76B | €1,754 | €547 | -€1,207 | -68.8% |
| Recurring financial income | 75 | €1,754 | €547 | -€1,207 | -68.8% |
| Financial charges | 65/66B | €60 | €55 | -€4 | -6.9% |
| Recurring financial charges | 65 | €60 | €55 | -€4 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€25,572 | -€24,494 | +€1,078 | +4.2% |
| Income taxes | 67/77 | €206 | €416 | +€210 | +101.9% |
| Profit (loss) for the period | 9904 | -€25,778 | -€24,910 | +€868 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,778 | -€24,910 | +€868 | +3.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.