P&A Engineering: 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.
P&A Engineering
Largest movements
- Cash +€53,390
up €53,390 (+150%), from €35,530 to €88,920
mainly Net result for the year (+€77,081) and Trade debts (+€7,603)
- Receivables within one year +€28,294
up €28,294 (+168%), from €16,848 to €45,142
of which Other amounts receivable: +€17,915
- Tangible fixed assets +€2,180
up €2,180 (+31.7%), from €6,882 to €9,062
of which Land and buildings: +€2,533
- Reserves +€77,081
up €77,081 (+234%), from €33,001 to €110,082
- Trade debts +€7,603
up €7,603 (+257%), from €2,961 to €10,564
- Gross operating margin +€62,503
up €62,503 (+131%), from €47,858 to €110,362
- Taxes +€18,498
up €18,498 (+142%), from €12,994 to €31,492
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 | €60,240 | €144,666 | +€84,426 | +140% |
| Fixed assets | 21/28 | €6,882 | €9,062 | +€2,180 | +31.7% |
| Tangible fixed assets | 22/27 | €6,882 | €9,062 | +€2,180 | +31.7% |
| Land and buildings | 22 | €5,823 | €8,357 | +€2,533 | +43.5% |
| Furniture and vehicles | 24 | €1,058 | €705 | -€353 | -33.4% |
| Current assets | 29/58 | €53,359 | €135,604 | +€82,246 | +154% |
| Amounts receivable within one year | 40/41 | €16,848 | €45,142 | +€28,294 | +168% |
| Trade receivables | 40 | €12,445 | €22,823 | +€10,379 | +83.4% |
| Other amounts receivable | 41 | €4,403 | €22,319 | +€17,915 | +407% |
| Cash at bank and in hand | 54/58 | €35,530 | €88,920 | +€53,390 | +150% |
| Deferred charges and accrued income | 490/1 | €981 | €1,542 | +€562 | +57.3% |
| Total equity and liabilities | 10/49 | €60,240 | €144,666 | +€84,426 | +140% |
| Equity | 10/15 | €37,001 | €114,082 | +€77,081 | +208% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €33,001 | €110,082 | +€77,081 | +234% |
| Distributable reserves | 133 | €33,001 | €110,082 | +€77,081 | +234% |
| Amounts payable | 17/49 | €23,240 | €30,584 | +€7,345 | +31.6% |
| Amounts payable within one year | 42/48 | €23,240 | €30,184 | +€6,945 | +29.9% |
| Trade debts | 44 | €2,961 | €10,564 | +€7,603 | +257% |
| Suppliers | 440/4 | €2,961 | €10,564 | +€7,603 | +257% |
| Taxes, remuneration and social security | 45 | €20,279 | €19,620 | -€659 | -3.2% |
| Taxes | 450/3 | €20,279 | €19,620 | -€659 | -3.2% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169 | €1,171 | +€1,001 | +592% |
| Other operating charges | 640/8 | €880 | - | -€880 | |
| Gross operating margin | 9900 | €47,858 | €110,362 | +€62,503 | +131% |
| Operating profit (loss) | 9901 | €46,809 | €109,191 | +€62,382 | +133% |
| Financial income | 75/76B | €133 | €784 | +€651 | +488% |
| Recurring financial income | 75 | €133 | €784 | +€651 | +488% |
| Financial charges | 65/66B | €948 | €1,402 | +€454 | +47.9% |
| Recurring financial charges | 65 | €948 | €1,402 | +€454 | +47.9% |
| Profit (loss) for the period before taxes | 9903 | €45,995 | €108,573 | +€62,579 | +136% |
| Income taxes | 67/77 | €12,994 | €31,492 | +€18,498 | +142% |
| Profit (loss) for the period | 9904 | €33,001 | €77,081 | +€44,081 | +134% |
| Profit (loss) for the period to be appropriated | 9905 | €33,001 | €77,081 | +€44,081 | +134% |
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 13 October 2026 via checked.be.