Group PCF Support: 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.
Group PCF Support
Largest movements
- Cash -€108,936
down €108,936 (-17.9%), from €608,485 to €499,549
mainly Debts after one year (-€1.3m) and Receivables within one year (-€103,697)
- Receivables within one year +€103,697
up €103,697 (+26.5%), from €391,901 to €495,598
of which Other amounts receivable: +€103,697
- Debts after one year -€1.3m
down €1.3m (-28.0%), from €4.6m to €3.3m
- Other debts +€719,273
up €719,273 (+57.8%), from €1.2m to €2.0m
- Reserves +€517,575
up €517,575 (+17.2%), from €3.0m to €3.5m
of which Distributable reserves: +€517,575
- Trade debts +€128,425
up €128,425 (+197.8%), from €64,935 to €193,361
- Gross operating margin -€347,952
down €347,952, from €277,992 to -€69,960
- Taxes -€37,453
down €37,453 (-100.0%), from €37,453 to €0
- Financial charges -€8,203
down €8,203 (-5.8%), from €141,134 to €132,931
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 | €9,790,756 | €9,785,378 | -€5,378 | -0.1% |
| Fixed assets | 21/28 | €8,665,369 | €8,665,231 | -€139 | 0.0% |
| Tangible fixed assets | 22/27 | €369 | €231 | -€139 | -37.5% |
| Furniture and vehicles | 24 | €369 | €231 | -€139 | -37.5% |
| Financial fixed assets | 28 | €8,665,000 | €8,665,000 | = | 0.0% |
| Current assets | 29/58 | €1,125,386 | €1,120,147 | -€5,239 | -0.5% |
| Amounts receivable after more than one year | 29 | €125,000 | €125,000 | = | 0.0% |
| Other amounts receivable | 291 | €125,000 | €125,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €391,901 | €495,598 | +€103,697 | +26.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €391,901 | €495,598 | +€103,697 | +26.5% |
| Cash at bank and in hand | 54/58 | €608,485 | €499,549 | -€108,936 | -17.9% |
| Total equity and liabilities | 10/49 | €9,790,756 | €9,785,378 | -€5,378 | -0.1% |
| Equity | 10/15 | €3,077,609 | €3,595,184 | +€517,575 | +16.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €3,016,109 | €3,533,684 | +€517,575 | +17.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €3,009,959 | €3,527,534 | +€517,575 | +17.2% |
| Amounts payable | 17/49 | €6,713,146 | €6,190,194 | -€522,953 | -7.8% |
| Amounts payable after more than one year | 17 | €4,639,898 | €3,338,615 | -€1.3m | -28.0% |
| Financial debts | 170/4 | €4,639,898 | €3,338,615 | -€1.3m | -28.0% |
| Amounts payable within one year | 42/48 | €2,073,248 | €2,851,578 | +€778,330 | +37.5% |
| Current portion of amounts payable after more than one year | 42 | €686,760 | €694,283 | +€7,523 | +1.1% |
| Trade debts | 44 | €64,935 | €193,361 | +€128,425 | +197.8% |
| Suppliers | 440/4 | €64,935 | €193,361 | +€128,425 | +197.8% |
| Taxes, remuneration and social security | 45 | €76,891 | €0 | -€76,891 | -100.0% |
| Taxes | 450/3 | €76,891 | €0 | -€76,891 | -100.0% |
| Other amounts payable | 47/48 | €1,244,662 | €1,963,935 | +€719,273 | +57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €323 | €139 | -€185 | -57.1% |
| Other operating charges | 640/8 | €97 | €2,220 | +€2,123 | +2198.1% |
| Gross operating margin | 9900 | €277,992 | -€69,960 | -€347,952 | |
| Operating profit (loss) | 9901 | €277,572 | -€72,319 | -€349,891 | |
| Financial income | 75/76B | €722,011 | €722,824 | +€814 | +0.1% |
| Recurring financial income | 75 | €722,011 | €722,824 | +€814 | +0.1% |
| Financial charges | 65/66B | €141,134 | €132,931 | -€8,203 | -5.8% |
| Recurring financial charges | 65 | €141,134 | €132,931 | -€8,203 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €858,449 | €517,575 | -€340,875 | -39.7% |
| Income taxes | 67/77 | €37,453 | €0 | -€37,453 | -100.0% |
| Profit (loss) for the period | 9904 | €820,997 | €517,575 | -€303,422 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €820,997 | €517,575 | -€303,422 | -37.0% |
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 7 October 2026 via checked.be.