P.K.: 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.K.
Largest movements
- Receivables within one year +€7,443
new in 2025: €7,443
- Cash +€5,644
up €5,644 (+273.0%), from €2,068 to €7,711
mainly Net result for the year (+€10,947) and Depreciation (+€5,277)
- Tangible fixed assets -€5,277
down €5,277 (-48.9%), from €10,785 to €5,507
of which Furniture and vehicles: -€5,162
- Profit (loss) carried forward +€10,947
up €10,947 (+56.3%), from -€19,443 to -€8,496
- Trade debts -€3,030
down €3,030 (-64.7%), from €4,681 to €1,650
- Other operating charges +€738
up €738 (+62.3%), from €1,184 to €1,922
- Gross operating margin -€507
down €507 (-2.7%), from €18,830 to €18,323
- Financial charges -€269
down €269 (-60.2%), from €446 to €178
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 | €13,026 | €20,835 | +€7,809 | +60.0% |
| Fixed assets | 21/28 | €10,958 | €5,681 | -€5,277 | -48.2% |
| Tangible fixed assets | 22/27 | €10,785 | €5,507 | -€5,277 | -48.9% |
| Furniture and vehicles | 24 | €10,325 | €5,162 | -€5,162 | -50.0% |
| Other tangible fixed assets | 26 | €460 | €345 | -€115 | -25.0% |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €2,068 | €15,154 | +€13,087 | +632.9% |
| Amounts receivable within one year | 40/41 | - | €7,443 | +€7,443 | |
| Trade receivables | 40 | - | €7,443 | +€7,443 | |
| Cash at bank and in hand | 54/58 | €2,068 | €7,711 | +€5,644 | +273.0% |
| Total equity and liabilities | 10/49 | €13,026 | €20,835 | +€7,809 | +60.0% |
| Equity | 10/15 | €986 | €11,932 | +€10,947 | +1110.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,828 | €1,828 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,828 | €1,828 | = | 0.0% |
| Legal reserve | 130 | €1,828 | €1,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,443 | -€8,496 | +€10,947 | +56.3% |
| Amounts payable | 17/49 | €12,041 | €8,903 | -€3,138 | -26.1% |
| Amounts payable within one year | 42/48 | €12,041 | €8,903 | -€3,138 | -26.1% |
| Trade debts | 44 | €4,681 | €1,650 | -€3,030 | -64.7% |
| Suppliers | 440/4 | €4,681 | €1,650 | -€3,030 | -64.7% |
| Taxes, remuneration and social security | 45 | €1,608 | €1,501 | -€107 | -6.7% |
| Taxes | 450/3 | €1,608 | €1,451 | -€157 | -9.8% |
| Remuneration and social security | 454/9 | - | €50 | +€50 | |
| Other amounts payable | 47/48 | €5,752 | €5,752 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,277 | €5,277 | = | 0.0% |
| Other operating charges | 640/8 | €1,184 | €1,922 | +€738 | +62.3% |
| Gross operating margin | 9900 | €18,830 | €18,323 | -€507 | -2.7% |
| Operating profit (loss) | 9901 | €12,369 | €11,124 | -€1,245 | -10.1% |
| Financial charges | 65/66B | €446 | €178 | -€269 | -60.2% |
| Recurring financial charges | 65 | €446 | €178 | -€269 | -60.2% |
| Profit (loss) for the period before taxes | 9903 | €11,923 | €10,947 | -€976 | -8.2% |
| Profit (loss) for the period | 9904 | €11,923 | €10,947 | -€976 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,923 | €10,947 | -€976 | -8.2% |
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 2 October 2026 via checked.be.