P.P Construction: 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 Construction
Largest movements
- Cash +€11,315
up €11,315 (+43.6%), from €25,940 to €37,254
mainly Net result for the year (+€41,287) and Other debts (+€13,000)
- Receivables within one year +€3,431
up €3,431 (+69.6%), from €4,927 to €8,358
of which Other amounts receivable: +€7,104
- Tangible fixed assets -€2,284
down €2,284 (-10.7%), from €21,251 to €18,968
- Deferred charges and accrued income +€1,263
up €1,263 (+225%), from €560 to €1,824
- Reserves +€28,287
up €28,287 (+784%), from €3,608 to €31,895
- Trade debts -€17,661
down €17,661 (-93.4%), from €18,917 to €1,256
- Other debts +€13,000
new in 2025: €13,000
- Debts after one year -€10,943
down €10,943 (-91.6%), from €11,942 to €999
- Tax, wage and social debts +€903
up €903 (+25.5%), from €3,543 to €4,446
- Gross operating margin +€57,130
up €57,130 (+556%), from €10,284 to €67,414
- Taxes +€13,793
up €13,793 (+918%), from €1,503 to €15,296
- Financial charges +€3,042
up €3,042 (+1,689%), from €180 to €3,222
- Depreciation +€1,516
up €1,516 (+32.9%), from €4,604 to €6,120
- Other operating charges +€1,300
up €1,300 (+334%), from €389 to €1,688
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 | €52,678 | €66,404 | +€13,725 | +26.1% |
| Fixed assets | 21/28 | €21,251 | €18,968 | -€2,284 | -10.7% |
| Tangible fixed assets | 22/27 | €21,251 | €18,968 | -€2,284 | -10.7% |
| Furniture and vehicles | 24 | €21,251 | €18,968 | -€2,284 | -10.7% |
| Current assets | 29/58 | €31,427 | €47,436 | +€16,009 | +50.9% |
| Amounts receivable within one year | 40/41 | €4,927 | €8,358 | +€3,431 | +69.6% |
| Trade receivables | 40 | €3,673 | - | -€3,673 | |
| Other amounts receivable | 41 | €1,254 | €8,358 | +€7,104 | +567% |
| Cash at bank and in hand | 54/58 | €25,940 | €37,254 | +€11,315 | +43.6% |
| Deferred charges and accrued income | 490/1 | €560 | €1,824 | +€1,263 | +225% |
| Total equity and liabilities | 10/49 | €52,678 | €66,404 | +€13,725 | +26.1% |
| Equity | 10/15 | €6,108 | €34,395 | +€28,287 | +463% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €3,608 | €31,895 | +€28,287 | +784% |
| Distributable reserves | 133 | €3,608 | €31,895 | +€28,287 | +784% |
| Amounts payable | 17/49 | €46,570 | €32,009 | -€14,562 | -31.3% |
| Amounts payable after more than one year | 17 | €11,942 | €999 | -€10,943 | -91.6% |
| Financial debts | 170/4 | €11,942 | €999 | -€10,943 | -91.6% |
| Amounts payable within one year | 42/48 | €33,204 | €29,645 | -€3,559 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €10,744 | €10,943 | +€199 | +1.9% |
| Trade debts | 44 | €18,917 | €1,256 | -€17,661 | -93.4% |
| Suppliers | 440/4 | €18,917 | €1,256 | -€17,661 | -93.4% |
| Taxes, remuneration and social security | 45 | €3,543 | €4,446 | +€903 | +25.5% |
| Taxes | 450/3 | €3,543 | €4,446 | +€903 | +25.5% |
| Other amounts payable | 47/48 | - | €13,000 | +€13,000 | |
| Accrued charges and deferred income | 492/3 | €1,425 | €1,365 | -€60 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,604 | €6,120 | +€1,516 | +32.9% |
| Other operating charges | 640/8 | €389 | €1,688 | +€1,300 | +334% |
| Gross operating margin | 9900 | €10,284 | €67,414 | +€57,130 | +556% |
| Operating profit (loss) | 9901 | €5,291 | €59,606 | +€54,315 | +1,027% |
| Financial income | 75/76B | - | €199 | +€199 | |
| Recurring financial income | 75 | - | €199 | +€199 | |
| Financial charges | 65/66B | €180 | €3,222 | +€3,042 | +1,689% |
| Recurring financial charges | 65 | €180 | €3,222 | +€3,042 | +1,689% |
| Profit (loss) for the period before taxes | 9903 | €5,111 | €56,583 | +€51,472 | +1,007% |
| Income taxes | 67/77 | €1,503 | €15,296 | +€13,793 | +918% |
| Profit (loss) for the period | 9904 | €3,608 | €41,287 | +€37,679 | +1,044% |
| Profit (loss) for the period to be appropriated | 9905 | €3,608 | €41,287 | +€37,679 | +1,044% |
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 15 October 2026 via checked.be.