PyTHmind: 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.
PyTHmind
Largest movements
- Receivables within one year -€8,435
down €8,435 (-34.7%), from €24,291 to €15,857
of which Trade receivables: -€8,882
- Cash +€7,832
up €7,832 (+40.3%), from €19,427 to €27,259
mainly Net result for the year (+€27,406) and Depreciation (+€9,109)
- Tangible fixed assets +€3,474
up €3,474 (+21.2%), from €16,385 to €19,859
of which Furniture and vehicles: +€4,643
- Profit (loss) carried forward +€27,406
up €27,406 (+57.3%), from -€47,869 to -€20,463
- Other debts -€27,138
down €27,138 (-36.1%), from €75,269 to €48,131
- Current portion of long-term debt +€4,133
new in 2025: €4,133
- Tax, wage and social debts -€2,544
down €2,544 (-35.6%), from €7,138 to €4,594
of which Taxes: -€2,648
- Debts after one year +€2,123
new in 2025: €2,123
- Financial charges -€54,324
down €54,324 (-99.2%), from €54,765 to €441
- Taxes +€6,114
up €6,114 (+2,322%), from €263 to €6,378
- Gross operating margin -€2,863
down €2,863 (-6.1%), from €47,167 to €44,304
- Depreciation -€2,783
down €2,783 (-23.4%), from €11,892 to €9,109
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.
Derived cash bridge
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 | €82,396 | €84,679 | +€2,283 | +2.8% |
| Fixed assets | 21/28 | €17,427 | €20,901 | +€3,474 | +19.9% |
| Tangible fixed assets | 22/27 | €16,385 | €19,859 | +€3,474 | +21.2% |
| Furniture and vehicles | 24 | €10,727 | €15,370 | +€4,643 | +43.3% |
| Other tangible fixed assets | 26 | €5,659 | €4,489 | -€1,169 | -20.7% |
| Financial fixed assets | 28 | €1,041 | €1,041 | = | 0.0% |
| Current assets | 29/58 | €64,970 | €63,779 | -€1,191 | -1.8% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,291 | €15,857 | -€8,435 | -34.7% |
| Trade receivables | 40 | €22,548 | €13,666 | -€8,882 | -39.4% |
| Other amounts receivable | 41 | €1,743 | €2,191 | +€447 | +25.6% |
| Cash at bank and in hand | 54/58 | €19,427 | €27,259 | +€7,832 | +40.3% |
| Deferred charges and accrued income | 490/1 | €11,251 | €10,663 | -€588 | -5.2% |
| Total equity and liabilities | 10/49 | €82,396 | €84,679 | +€2,283 | +2.8% |
| Equity | 10/15 | -€12,652 | €14,753 | +€27,406 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €22,817 | €22,817 | = | 0.0% |
| Tax-exempt reserves | 132 | €183 | €183 | = | 0.0% |
| Distributable reserves | 133 | €22,634 | €22,634 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,869 | -€20,463 | +€27,406 | +57.3% |
| Amounts payable | 17/49 | €95,048 | €69,926 | -€25,122 | -26.4% |
| Amounts payable after more than one year | 17 | - | €2,123 | +€2,123 | |
| Financial debts | 170/4 | - | €2,123 | +€2,123 | |
| Amounts payable within one year | 42/48 | €95,048 | €67,803 | -€27,245 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,133 | +€4,133 | |
| Trade debts | 44 | €12,641 | €10,945 | -€1,696 | -13.4% |
| Suppliers | 440/4 | €12,641 | €10,945 | -€1,696 | -13.4% |
| Taxes, remuneration and social security | 45 | €7,138 | €4,594 | -€2,544 | -35.6% |
| Taxes | 450/3 | €7,138 | €4,490 | -€2,648 | -37.1% |
| Remuneration and social security | 454/9 | - | €104 | +€104 | |
| Other amounts payable | 47/48 | €75,269 | €48,131 | -€27,138 | -36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,892 | €9,109 | -€2,783 | -23.4% |
| Other operating charges | 640/8 | €1,331 | €1,097 | -€234 | -17.6% |
| Gross operating margin | 9900 | €47,167 | €44,304 | -€2,863 | -6.1% |
| Operating profit (loss) | 9901 | €33,944 | €34,098 | +€154 | +0.5% |
| Financial income | 75/76B | €125 | €126 | +€0 | +0.4% |
| Recurring financial income | 75 | €125 | €126 | +€0 | +0.4% |
| Financial charges | 65/66B | €54,765 | €441 | -€54,324 | -99.2% |
| Recurring financial charges | 65 | €54,765 | €441 | -€54,324 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | -€20,695 | €33,783 | +€54,479 | |
| Income taxes | 67/77 | €263 | €6,378 | +€6,114 | +2,322% |
| Profit (loss) for the period | 9904 | -€20,959 | €27,406 | +€48,364 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,959 | €27,406 | +€48,364 |
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 19 October 2026 via checked.be.