P&K: 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&K
Largest movements
- Receivables within one year +€7,442
up €7,442 (+471%), from €1,580 to €9,022
- Tangible fixed assets +€1,645
up €1,645 (+111%), from €1,477 to €3,122
- Stocks and contracts -€1,599
down €1,599 (-14.8%), from €10,821 to €9,222
- Cash -€510
down €510 (-21.1%), from €2,419 to €1,909
mainly Net result for the year (-€20,744) and Receivables within one year (-€7,442)
- Profit (loss) carried forward -€20,743
down €20,743 (-123%), from -€16,909 to -€37,652
- Trade debts +€14,455
up €14,455 (+125%), from €11,524 to €25,979
- Other debts +€11,008
up €11,008 (+68.6%), from €16,057 to €27,065
- Tax, wage and social debts +€2,257
up €2,257 (+67.5%), from €3,341 to €5,598
of which Taxes: +€1,773
- Purchases and services -€69,079
down €69,079 (-17.4%), from €396,836 to €327,757
- Turnover -€59,465
down €59,465 (-16.1%), from €369,887 to €310,422
- Gross operating margin +€9,009
up €9,009 (+39.5%), from -€22,794 to -€13,785
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,021 | €32,998 | +€6,977 | +26.8% |
| Fixed assets | 21/28 | €10,467 | €12,112 | +€1,645 | +15.7% |
| Tangible fixed assets | 22/27 | €1,477 | €3,122 | +€1,645 | +111% |
| Plant, machinery and equipment | 23 | €1,477 | €3,122 | +€1,645 | +111% |
| Financial fixed assets | 28 | €8,990 | €8,990 | = | 0.0% |
| Current assets | 29/58 | €15,554 | €20,886 | +€5,332 | +34.3% |
| Stocks and contracts in progress | 3 | €10,821 | €9,222 | -€1,599 | -14.8% |
| Stocks | 30/36 | €10,821 | €9,222 | -€1,599 | -14.8% |
| Amounts receivable within one year | 40/41 | €1,580 | €9,022 | +€7,442 | +471% |
| Trade receivables | 40 | €1,580 | €9,022 | +€7,442 | +471% |
| Cash at bank and in hand | 54/58 | €2,419 | €1,909 | -€510 | -21.1% |
| Deferred charges and accrued income | 490/1 | €734 | €734 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €26,021 | €32,998 | +€6,977 | +26.8% |
| Equity | 10/15 | -€4,901 | -€25,644 | -€20,743 | -423% |
| Contributions | 10/11 | €12,008 | €12,008 | = | 0.0% |
| Contributions outside capital | 11 | €12,008 | €12,008 | = | 0.0% |
| Other | 1109/19 | €12,008 | €12,008 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,909 | -€37,652 | -€20,743 | -123% |
| Amounts payable | 17/49 | €30,922 | €58,642 | +€27,720 | +89.6% |
| Amounts payable within one year | 42/48 | €30,922 | €58,642 | +€27,720 | +89.6% |
| Trade debts | 44 | €11,524 | €25,979 | +€14,455 | +125% |
| Suppliers | 440/4 | €11,524 | €25,979 | +€14,455 | +125% |
| Taxes, remuneration and social security | 45 | €3,341 | €5,598 | +€2,257 | +67.5% |
| Taxes | 450/3 | €3,341 | €5,114 | +€1,773 | +53.1% |
| Remuneration and social security | 454/9 | - | €484 | +€484 | |
| Other amounts payable | 47/48 | €16,057 | €27,065 | +€11,008 | +68.6% |
| Turnover | 70 | €369,887 | €310,422 | -€59,465 | -16.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €396,836 | €327,757 | -€69,079 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €494 | €656 | +€162 | +32.7% |
| Other operating charges | 640/8 | €2,190 | €1,392 | -€798 | -36.4% |
| Gross operating margin | 9900 | -€22,794 | -€13,785 | +€9,009 | +39.5% |
| Operating profit (loss) | 9901 | -€25,478 | -€15,833 | +€9,645 | +37.9% |
| Financial income | 75/76B | €108 | €2 | -€106 | -98.2% |
| Recurring financial income | 75 | €108 | €2 | -€106 | -98.2% |
| Financial charges | 65/66B | €2,474 | €2,052 | -€422 | -17.1% |
| Recurring financial charges | 65 | €2,474 | €2,052 | -€422 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€27,844 | -€17,883 | +€9,961 | +35.8% |
| Income taxes | 67/77 | €315 | €2,861 | +€2,546 | +808% |
| Profit (loss) for the period | 9904 | -€28,159 | -€20,744 | +€7,415 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,159 | -€20,744 | +€7,415 | +26.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.