Holding PG: 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.
Holding PG
Largest movements
- Cash +€275,168
up €275,168 (+23985.0%), from €1,147 to €276,315
mainly Receivables within one year (+€238,341) and Receivables after one year (+€40,000)
- Receivables within one year -€238,341
down €238,341 (-95.8%), from €248,791 to €10,450
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€650
no longer reported in 2025 (was €650)
- Gross operating margin -€333
down €333 (-20.4%), from -€1,635 to -€1,969
- Other operating charges +€35
up €35 (+3.1%), from €1,108 to €1,143
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 | €7,266,103 | €7,262,929 | -€3,174 | 0.0% |
| Fixed assets | 21/28 | €6,976,164 | €6,976,164 | = | 0.0% |
| Financial fixed assets | 28 | €6,976,164 | €6,976,164 | = | 0.0% |
| Current assets | 29/58 | €289,939 | €286,765 | -€3,174 | -1.1% |
| Amounts receivable after more than one year | 29 | €40,000 | - | -€40,000 | |
| Other amounts receivable | 291 | €40,000 | - | -€40,000 | |
| Amounts receivable within one year | 40/41 | €248,791 | €10,450 | -€238,341 | -95.8% |
| Other amounts receivable | 41 | €248,791 | €10,450 | -€238,341 | -95.8% |
| Cash at bank and in hand | 54/58 | €1,147 | €276,315 | +€275,168 | +23985.0% |
| Total equity and liabilities | 10/49 | €7,266,103 | €7,262,929 | -€3,174 | 0.0% |
| Equity | 10/15 | €6,838,465 | €6,835,291 | -€3,174 | 0.0% |
| Contributions | 10/11 | €6,705,000 | €6,705,000 | = | 0.0% |
| Reserves | 13 | €133,465 | €130,291 | -€3,174 | -2.4% |
| Distributable reserves | 133 | €133,465 | €130,291 | -€3,174 | -2.4% |
| Amounts payable | 17/49 | €427,638 | €427,638 | = | 0.0% |
| Amounts payable within one year | 42/48 | €427,638 | €427,638 | = | 0.0% |
| Trade debts | 44 | €1,550 | €1,550 | = | 0.0% |
| Suppliers | 440/4 | €1,550 | €1,550 | = | 0.0% |
| Other amounts payable | 47/48 | €426,088 | €426,088 | = | 0.0% |
| Other operating charges | 640/8 | €1,108 | €1,143 | +€35 | +3.1% |
| Gross operating margin | 9900 | -€1,635 | -€1,969 | -€333 | -20.4% |
| Operating profit (loss) | 9901 | -€2,743 | -€3,111 | -€368 | -13.4% |
| Financial income | 75/76B | €650 | - | -€650 | |
| Recurring financial income | 75 | €650 | - | -€650 | |
| Financial charges | 65/66B | €61 | €63 | +€2 | +2.5% |
| Recurring financial charges | 65 | €61 | €63 | +€2 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,154 | -€3,174 | -€1,019 | -47.3% |
| Profit (loss) for the period | 9904 | -€2,154 | -€3,174 | -€1,019 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,154 | -€3,174 | -€1,019 | -47.3% |
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 9 October 2026 via checked.be.