P&P Avocats: 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&P Avocats
Largest movements
- Receivables within one year -€58,367
down €58,367 (-25.3%), from €230,484 to €172,117
of which Other amounts receivable: -€74,856
- Cash +€19,241
up €19,241 (+192%), from €10,045 to €29,286
mainly Net result for the year (+€87,051) and Receivables within one year (+€58,367)
- Tangible fixed assets +€8,014
up €8,014 (+144%), from €5,552 to €13,566
of which Other tangible fixed assets: +€6,000
- Trade debts -€32,166
down €32,166 (-88.6%), from €36,320 to €4,155
- Tax, wage and social debts +€17,110
up €17,110 (+52.8%), from €32,384 to €49,494
of which Taxes: +€17,110
- Profit (loss) carried forward -€12,949
down €12,949 (-17.2%), from €75,134 to €62,185
- Other debts -€4,745
down €4,745 (-4.5%), from €104,552 to €99,808
- Taxes +€18,187
up €18,187 (+191%), from €9,511 to €27,698
- Gross operating margin -€16,828
down €16,828 (-12.4%), from €135,492 to €118,664
- Other operating charges -€15,236
down €15,236 (-87.6%), from €17,397 to €2,161
- Financial income -€4,776
down €4,776 (-99.8%), from €4,787 to €11
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 | €251,167 | €219,969 | -€31,199 | -12.4% |
| Fixed assets | 21/28 | €10,552 | €18,566 | +€8,014 | +75.9% |
| Tangible fixed assets | 22/27 | €5,552 | €13,566 | +€8,014 | +144% |
| Furniture and vehicles | 24 | €5,552 | €7,566 | +€2,014 | +36.3% |
| Other tangible fixed assets | 26 | - | €6,000 | +€6,000 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €240,615 | €201,403 | -€39,212 | -16.3% |
| Amounts receivable within one year | 40/41 | €230,484 | €172,117 | -€58,367 | -25.3% |
| Trade receivables | 40 | €153,827 | €170,315 | +€16,489 | +10.7% |
| Other amounts receivable | 41 | €76,657 | €1,802 | -€74,856 | -97.6% |
| Cash at bank and in hand | 54/58 | €10,045 | €29,286 | +€19,241 | +192% |
| Deferred charges and accrued income | 490/1 | €86 | €0 | -€86 | -100% |
| Total equity and liabilities | 10/49 | €251,167 | €219,969 | -€31,199 | -12.4% |
| Equity | 10/15 | €77,634 | €64,685 | -€12,949 | -16.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,134 | €62,185 | -€12,949 | -17.2% |
| Amounts payable | 17/49 | €173,533 | €155,284 | -€18,249 | -10.5% |
| Amounts payable within one year | 42/48 | €173,533 | €155,284 | -€18,249 | -10.5% |
| Financial debts | 43 | €277 | €1,828 | +€1,551 | +560% |
| Credit institutions | 430/8 | €277 | €1,828 | +€1,551 | +560% |
| Trade debts | 44 | €36,320 | €4,155 | -€32,166 | -88.6% |
| Suppliers | 440/4 | €36,320 | €4,155 | -€32,166 | -88.6% |
| Taxes, remuneration and social security | 45 | €32,384 | €49,494 | +€17,110 | +52.8% |
| Taxes | 450/3 | €32,384 | €49,494 | +€17,110 | +52.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €104,552 | €99,808 | -€4,745 | -4.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,167 | €1,417 | +€250 | +21.4% |
| Other operating charges | 640/8 | €17,397 | €2,161 | -€15,236 | -87.6% |
| Non-recurring operating charges | 66A | €396 | €0 | -€396 | -100% |
| Gross operating margin | 9900 | €135,492 | €118,664 | -€16,828 | -12.4% |
| Operating profit (loss) | 9901 | €116,532 | €115,086 | -€1,446 | -1.2% |
| Financial income | 75/76B | €4,787 | €11 | -€4,776 | -99.8% |
| Recurring financial income | 75 | €4,787 | €11 | -€4,776 | -99.8% |
| Financial charges | 65/66B | €672 | €349 | -€323 | -48.1% |
| Recurring financial charges | 65 | €672 | €349 | -€323 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €120,648 | €114,748 | -€5,899 | -4.9% |
| Income taxes | 67/77 | €9,511 | €27,698 | +€18,187 | +191% |
| Profit (loss) for the period | 9904 | €111,137 | €87,051 | -€24,086 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €111,137 | €87,051 | -€24,086 | -21.7% |
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 27 October 2026 via checked.be.