P.B. - DATA: 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.
P.B. - DATA
Largest movements
- Receivables within one year -€44,521
down €44,521 (-14.8%), from €299,865 to €255,344
of which Other amounts receivable: -€61,738
- Tangible fixed assets -€12,507
down €12,507 (-4.0%), from €312,245 to €299,738
of which Furniture and vehicles: -€16,477
- Debts after one year -€35,389
down €35,389 (-24.0%), from €147,410 to €112,021
- Reserves -€22,178
down €22,178 (-5.0%), from €442,453 to €420,276
- Tax, wage and social debts +€8,060
up €8,060 (+683.8%), from €1,179 to €9,239
- Gross operating margin +€8,365
up €8,365 (+7.9%), from €105,296 to €113,661
- Depreciation +€7,722
up €7,722 (+40.2%), from €19,229 to €26,951
- Taxes +€4,311
up €4,311 (+23.9%), from €18,064 to €22,375
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 | €664,715 | €611,436 | -€53,280 | -8.0% |
| Fixed assets | 21/28 | €312,245 | €299,738 | -€12,507 | -4.0% |
| Tangible fixed assets | 22/27 | €312,245 | €299,738 | -€12,507 | -4.0% |
| Land and buildings | 22 | €63,281 | €61,165 | -€2,117 | -3.3% |
| Plant, machinery and equipment | 23 | €326 | €136 | -€190 | -58.3% |
| Furniture and vehicles | 24 | €76,779 | €60,302 | -€16,477 | -21.5% |
| Other tangible fixed assets | 26 | €171,859 | €178,136 | +€6,277 | +3.7% |
| Current assets | 29/58 | €352,470 | €311,697 | -€40,773 | -11.6% |
| Amounts receivable within one year | 40/41 | €299,865 | €255,344 | -€44,521 | -14.8% |
| Trade receivables | 40 | - | €17,217 | +€17,217 | |
| Other amounts receivable | 41 | €299,865 | €238,127 | -€61,738 | -20.6% |
| Cash at bank and in hand | 54/58 | €37,261 | €38,524 | +€1,263 | +3.4% |
| Deferred charges and accrued income | 490/1 | €15,344 | €17,829 | +€2,485 | +16.2% |
| Total equity and liabilities | 10/49 | €664,715 | €611,436 | -€53,280 | -8.0% |
| Equity | 10/15 | €461,045 | €438,868 | -€22,178 | -4.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €442,453 | €420,276 | -€22,178 | -5.0% |
| Distributable reserves | 133 | €442,453 | €420,276 | -€22,178 | -5.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €203,670 | €172,568 | -€31,102 | -15.3% |
| Amounts payable after more than one year | 17 | €147,410 | €112,021 | -€35,389 | -24.0% |
| Financial debts | 170/4 | €147,410 | €112,021 | -€35,389 | -24.0% |
| Amounts payable within one year | 42/48 | €55,163 | €59,554 | +€4,391 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €34,139 | €35,389 | +€1,250 | +3.7% |
| Financial debts | 43 | €6,081 | €6,735 | +€654 | +10.8% |
| Credit institutions | 430/8 | €6,081 | €6,735 | +€654 | +10.8% |
| Trade debts | 44 | €13,764 | €8,190 | -€5,574 | -40.5% |
| Suppliers | 440/4 | €13,764 | €8,190 | -€5,574 | -40.5% |
| Taxes, remuneration and social security | 45 | €1,179 | €9,239 | +€8,060 | +683.8% |
| Taxes | 450/3 | €1,179 | €9,239 | +€8,060 | +683.8% |
| Accrued charges and deferred income | 492/3 | €1,097 | €993 | -€103 | -9.4% |
| Non-recurring operating income | 76A | €2,563 | €0 | -€2,563 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,229 | €26,951 | +€7,722 | +40.2% |
| Other operating charges | 640/8 | €3,489 | €2,505 | -€984 | -28.2% |
| Non-recurring operating charges | 66A | €13,998 | €0 | -€13,998 | -100.0% |
| Gross operating margin | 9900 | €105,296 | €113,661 | +€8,365 | +7.9% |
| Operating profit (loss) | 9901 | €68,579 | €84,205 | +€15,625 | +22.8% |
| Financial income | 75/76B | €0 | €22 | +€22 | +15478.6% |
| Recurring financial income | 75 | €0 | €22 | +€22 | +15478.6% |
| Financial charges | 65/66B | €7,195 | €7,202 | +€7 | +0.1% |
| Recurring financial charges | 65 | €7,195 | €7,202 | +€7 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €61,384 | €77,024 | +€15,640 | +25.5% |
| Income taxes | 67/77 | €18,064 | €22,375 | +€4,311 | +23.9% |
| Profit (loss) for the period | 9904 | €43,320 | €54,649 | +€11,329 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €43,320 | €54,649 | +€11,329 | +26.2% |
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 28 September 2026 via checked.be.