P.K. CONCEPT: 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.
What changed
P.K. CONCEPT
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€184,760
2024 · €145,605+€39,155
Equity
€8.9m
2024 · €1.1m+€7.8m
Cash
€17,403
2024 · €28,138-€10,734
Balance sheet total
€12.5m
2024 · €4.7m+€7.7m
Largest movements
Assets
- Tangible fixed assets +€7.5m
up €7.5m (+375%), from €2.0m to €9.5m
of which Land and buildings: +€7.5m
- Receivables within one year +€190,336
up €190,336 (+7.9%), from €2.4m to €2.6m
of which Other amounts receivable: +€190,336
Equity and liabilities
- Revaluation surpluses +€7.6m
new in 2025: €7.6m
- Debts after one year -€557,505
down €557,505 (-30.0%), from €1.9m to €1.3m
of which Financial debts: -€1.7m
- Other debts +€439,327
up €439,327 (+30.9%), from €1.4m to €1.9m
- Reserves +€183,926
up €183,926 (+50.2%), from €366,263 to €550,189
of which Distributable reserves: +€190,170
Income statement
- Gross operating margin +€60,007
up €60,007 (+13.6%), from €440,925 to €500,932
- Taxes +€35,833
up €35,833 (+52.8%), from €67,930 to €103,763
- Financial charges -€12,987
down €12,987 (-8.2%), from €158,664 to €145,677
- Financial income +€5,632
up €5,632 (+12.8%), from €44,103 to €49,735
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.
Result 2024
€145,605
Gross operating margin
+€60,007
Depreciation
-€558
Other operating charges
-€3,931
Financial income
+€5,632
Financial charges
+€12,987
Taxes
-€35,833
Deferred taxes and other
+€850
Result 2025
€184,760
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€584,533
Investment
-€7.7m
Financing
+€7.1m
Cash 2024
€28,138
From operations (derived)
+€584,533
Net result for the year
+€184,760
Depreciation
+€105,528
Receivables within one year
-€190,336
Smaller working-capital items
+€5,813
Tax, wage and social debts
+€58,624
Other debts
+€439,327
Accrued charges and deferred income
-€19,184
Investment (derived)
-€7.7m
Investment in fixed assets (net)
-€7.7m
Financing
+€7.1m
Debts after one year
-€557,505
Current portion of long-term debt
+€12,654
Contributions, distributions and other
+€7.6m
Cash 2025
€17,403
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,748,701 | €12,491,174 | +€7.7m | +163% |
| Fixed assets | 21/28 | €2,303,775 | €9,863,831 | +€7.6m | +328% |
| Tangible fixed assets | 22/27 | €2,003,775 | €9,514,247 | +€7.5m | +375% |
| Land and buildings | 22 | €1,935,516 | €9,479,876 | +€7.5m | +390% |
| Plant, machinery and equipment | 23 | €540 | €0 | -€540 | -100% |
| Leasing and similar rights | 25 | €67,719 | €34,371 | -€33,348 | -49.2% |
| Financial fixed assets | 28 | €300,000 | €349,584 | +€49,584 | +16.5% |
| Current assets | 29/58 | €2,444,926 | €2,627,343 | +€182,417 | +7.5% |
| Amounts receivable within one year | 40/41 | €2,416,788 | €2,607,124 | +€190,336 | +7.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,416,788 | €2,607,124 | +€190,336 | +7.9% |
| Cash at bank and in hand | 54/58 | €28,138 | €17,403 | -€10,734 | -38.1% |
| Deferred charges and accrued income | 490/1 | €0 | €2,816 | +€2,816 | |
| Total equity and liabilities | 10/49 | €4,748,701 | €12,491,174 | +€7.7m | +163% |
| Equity | 10/15 | €1,116,329 | €8,916,256 | +€7.8m | +699% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €7,616,000 | +€7.6m | |
| Reserves | 13 | €366,263 | €550,189 | +€183,926 | +50.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €63,786 | €57,542 | -€6,244 | -9.8% |
| Distributable reserves | 133 | €302,477 | €492,647 | +€190,170 | +62.9% |
| Profit (loss) carried forward | 14 | €66 | €67 | +€1 | +1.2% |
| Provisions and deferred taxes | 16 | €35,428 | €32,213 | -€3,215 | -9.1% |
| Deferred taxes | 168 | €35,428 | €32,213 | -€3,215 | -9.1% |
| Amounts payable | 17/49 | €3,596,944 | €3,542,705 | -€54,239 | -1.5% |
| Amounts payable after more than one year | 17 | €1,856,732 | €1,299,228 | -€557,505 | -30.0% |
| Financial debts | 170/4 | €1,856,732 | €203,209 | -€1.7m | -89.1% |
| Other amounts payable | 178/9 | - | €1,096,019 | +€1.1m | |
| Amounts payable within one year | 42/48 | €1,660,329 | €2,182,778 | +€522,449 | +31.5% |
| Current portion of amounts payable after more than one year | 42 | €135,498 | €148,152 | +€12,654 | +9.3% |
| Trade debts | 44 | €3,511 | €15,355 | +€11,844 | +337% |
| Suppliers | 440/4 | €3,511 | €15,355 | +€11,844 | +337% |
| Taxes, remuneration and social security | 45 | €97,316 | €155,940 | +€58,624 | +60.2% |
| Taxes | 450/3 | €97,316 | €155,940 | +€58,624 | +60.2% |
| Other amounts payable | 47/48 | €1,424,004 | €1,863,331 | +€439,327 | +30.9% |
| Accrued charges and deferred income | 492/3 | €79,883 | €60,699 | -€19,184 | -24.0% |
| Non-recurring operating income | 76A | €12,704 | €0 | -€12,704 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,970 | €105,528 | +€558 | +0.5% |
| Other operating charges | 640/8 | €10,223 | €14,153 | +€3,931 | +38.4% |
| Gross operating margin | 9900 | €440,925 | €500,932 | +€60,007 | +13.6% |
| Operating profit (loss) | 9901 | €325,732 | €381,251 | +€55,519 | +17.0% |
| Financial income | 75/76B | €44,103 | €49,735 | +€5,632 | +12.8% |
| Recurring financial income | 75 | €44,103 | €49,735 | +€5,632 | +12.8% |
| Financial charges | 65/66B | €158,664 | €145,677 | -€12,987 | -8.2% |
| Recurring financial charges | 65 | €158,664 | €145,677 | -€12,987 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €211,171 | €285,308 | +€74,137 | +35.1% |
| Transfer from deferred taxes | 780 | €2,365 | €3,215 | +€850 | +36.0% |
| Income taxes | 67/77 | €67,930 | €103,763 | +€35,833 | +52.8% |
| Profit (loss) for the period | 9904 | €145,605 | €184,760 | +€39,155 | +26.9% |
| Transfer from tax-exempt reserves | 789 | €7,094 | €6,244 | -€850 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €152,700 | €191,004 | +€38,304 | +25.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.