Pythyas Development Group: 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.
Pythyas Development Group
Largest movements
- Receivables within one year +€9,514
up €9,514 (+6995.6%), from €136 to €9,650
of which Trade receivables: +€9,650
- Profit (loss) carried forward +€5,590
up €5,590 (+2.0%), from -€278,626 to -€273,036
- Trade debts +€1,785
up €1,785 (+23.8%), from €7,491 to €9,276
- Tax, wage and social debts +€1,229
new in 2025: €1,229
- Other debts +€869
up €869 (+0.4%), from €209,336 to €210,205
- Gross operating margin +€9,691
up €9,691, from -€3,657 to €6,034
- Turnover +€7,975
new in 2025: €7,975
- Purchases and services -€1,716
down €1,716 (-46.9%), from €3,657 to €1,941
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 | €201 | €9,674 | +€9,473 | +4712.9% |
| Current assets | 29/58 | €201 | €9,674 | +€9,473 | +4712.9% |
| Amounts receivable within one year | 40/41 | €136 | €9,650 | +€9,514 | +6995.6% |
| Trade receivables | 40 | - | €9,650 | +€9,650 | |
| Other amounts receivable | 41 | €136 | - | -€136 | |
| Cash at bank and in hand | 54/58 | €65 | €24 | -€41 | -63.1% |
| Total equity and liabilities | 10/49 | €201 | €9,674 | +€9,473 | +4712.9% |
| Equity | 10/15 | -€216,626 | -€211,036 | +€5,590 | +2.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€278,626 | -€273,036 | +€5,590 | +2.0% |
| Amounts payable | 17/49 | €216,827 | €220,710 | +€3,883 | +1.8% |
| Amounts payable within one year | 42/48 | €216,827 | €220,710 | +€3,883 | +1.8% |
| Trade debts | 44 | €7,491 | €9,276 | +€1,785 | +23.8% |
| Suppliers | 440/4 | €7,491 | €9,276 | +€1,785 | +23.8% |
| Taxes, remuneration and social security | 45 | - | €1,229 | +€1,229 | |
| Taxes | 450/3 | - | €1,229 | +€1,229 | |
| Other amounts payable | 47/48 | €209,336 | €210,205 | +€869 | +0.4% |
| Turnover | 70 | - | €7,975 | +€7,975 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,657 | €1,941 | -€1,716 | -46.9% |
| Other operating charges | 640/8 | €387 | €399 | +€12 | +3.1% |
| Gross operating margin | 9900 | -€3,657 | €6,034 | +€9,691 | |
| Operating profit (loss) | 9901 | -€4,044 | €5,635 | +€9,679 | |
| Financial charges | 65/66B | €44 | €45 | +€1 | +2.3% |
| Recurring financial charges | 65 | €44 | €45 | +€1 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,088 | €5,590 | +€9,678 | |
| Profit (loss) for the period | 9904 | -€4,088 | €5,590 | +€9,678 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,088 | €5,590 | +€9,678 |
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 30 September 2026 via checked.be.