TP PSRA CONSULT: what changed
TP PSRA CONSULT
Largest movements
- Receivables within one year +€273,113
new in 2025: €273,113
- Receivables after one year -€268,800
no longer reported in 2025 (was €268,800)
- Current investments -€170,000
no longer reported in 2025 (was €170,000)
- Cash -€26,006
down €26,006 (-23.9%), from €109,002 to €82,996
mainly Receivables within one year (-€273,113) and Other debts (-€168,024)
- Tangible fixed assets +€10,817
new in 2025: €10,817
- Other debts -€168,024
down €168,024 (-33.0%), from €509,659 to €341,635
- Tax, wage and social debts -€15,341
down €15,341 (-39.5%), from €38,841 to €23,500
- Gross operating margin -€10,269
down €10,269 (-9.9%), from €104,042 to €93,773
- Taxes -€6,514
down €6,514 (-26.1%), from €25,000 to €18,486
- Financial income -€4,048
down €4,048 (-32.2%), from €12,575 to €8,527
- Financial charges +€1,329
up €1,329 (+768%), from €173 to €1,502
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €554,522 | €373,647 | -€180,875 | -32.6% |
| Fixed assets | 21/28 | - | €10,817 | +€10,817 | |
| Tangible fixed assets | 22/27 | - | €10,817 | +€10,817 | |
| Furniture and vehicles | 24 | - | €10,817 | +€10,817 | |
| Current assets | 29/58 | €554,522 | €362,829 | -€191,693 | -34.6% |
| Amounts receivable after more than one year | 29 | €268,800 | - | -€268,800 | |
| Other amounts receivable | 291 | €268,800 | - | -€268,800 | |
| Amounts receivable within one year | 40/41 | - | €273,113 | +€273,113 | |
| Other amounts receivable | 41 | - | €273,113 | +€273,113 | |
| Current investments | 50/53 | €170,000 | - | -€170,000 | |
| Cash at bank and in hand | 54/58 | €109,002 | €82,996 | -€26,006 | -23.9% |
| Deferred charges and accrued income | 490/1 | €6,720 | €6,720 | = | 0.0% |
| Total equity and liabilities | 10/49 | €554,522 | €373,647 | -€180,875 | -32.6% |
| Equity | 10/15 | €6,022 | €5,004 | -€1,018 | -16.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,022 | €4 | -€1,018 | -99.6% |
| Amounts payable | 17/49 | €548,500 | €368,643 | -€179,857 | -32.8% |
| Amounts payable within one year | 42/48 | €548,500 | €368,643 | -€179,857 | -32.8% |
| Trade debts | 44 | - | €3,509 | +€3,509 | |
| Suppliers | 440/4 | - | €3,509 | +€3,509 | |
| Taxes, remuneration and social security | 45 | €38,841 | €23,500 | -€15,341 | -39.5% |
| Taxes | 450/3 | €38,841 | €23,500 | -€15,341 | -39.5% |
| Other amounts payable | 47/48 | €509,659 | €341,635 | -€168,024 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €941 | +€941 | |
| Other operating charges | 640/8 | €582 | €591 | +€9 | +1.5% |
| Gross operating margin | 9900 | €104,042 | €93,773 | -€10,269 | -9.9% |
| Operating profit (loss) | 9901 | €103,460 | €92,242 | -€11,218 | -10.8% |
| Financial income | 75/76B | €12,575 | €8,527 | -€4,048 | -32.2% |
| Recurring financial income | 75 | €12,575 | €8,527 | -€4,048 | -32.2% |
| Financial charges | 65/66B | €173 | €1,502 | +€1,329 | +768% |
| Recurring financial charges | 65 | €173 | €1,502 | +€1,329 | +768% |
| Profit (loss) for the period before taxes | 9903 | €115,862 | €99,267 | -€16,595 | -14.3% |
| Income taxes | 67/77 | €25,000 | €18,486 | -€6,514 | -26.1% |
| Profit (loss) for the period | 9904 | €90,862 | €80,781 | -€10,081 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €90,862 | €80,781 | -€10,081 | -11.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.