P&R Technics: 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&R Technics
Largest movements
- Receivables within one year -€319,657
down €319,657 (-50.8%), from €628,801 to €309,144
of which Trade receivables: -€382,797
- Cash +€54,865
up €54,865 (+418.0%), from €13,125 to €67,990
mainly Receivables within one year (+€319,657) and Net result for the year (+€110,297)
- Tangible fixed assets +€11,668
up €11,668 (+7.8%), from €149,869 to €161,538
of which Plant, machinery and equipment: +€11,225
- Debts after one year -€273,295
down €273,295 (-76.1%), from €359,295 to €86,000
- Other debts -€210,346
down €210,346 (-72.1%), from €291,842 to €81,496
- Reserves +€110,297
up €110,297 (+103.8%), from €106,303 to €216,600
- Tax, wage and social debts +€100,190
up €100,190 (+9396.3%), from €1,066 to €101,256
of which Taxes: +€100,010
- Current portion of long-term debt +€20,000
new in 2025: €20,000
- Taxes +€104,035
up €104,035 (+5096.1%), from €2,041 to €106,076
- Gross operating margin +€91,182
up €91,182 (+63.1%), from €144,502 to €235,685
- Other operating charges -€7,598
down €7,598 (-43.3%), from €17,562 to €9,964
- Financial charges +€5,034
up €5,034 (+3801.3%), from €132 to €5,166
- Depreciation +€2,506
up €2,506 (+146.8%), from €1,707 to €4,213
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 | €792,245 | €539,122 | -€253,123 | -32.0% |
| Fixed assets | 21/28 | €150,319 | €161,988 | +€11,668 | +7.8% |
| Tangible fixed assets | 22/27 | €149,869 | €161,538 | +€11,668 | +7.8% |
| Land and buildings | 22 | €144,923 | €145,994 | +€1,071 | +0.7% |
| Plant, machinery and equipment | 23 | €4,319 | €15,543 | +€11,225 | +259.9% |
| Furniture and vehicles | 24 | €627 | €0 | -€627 | -100.0% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €641,926 | €377,134 | -€264,791 | -41.2% |
| Amounts receivable within one year | 40/41 | €628,801 | €309,144 | -€319,657 | -50.8% |
| Trade receivables | 40 | €613,693 | €230,896 | -€382,797 | -62.4% |
| Other amounts receivable | 41 | €15,107 | €78,248 | +€63,140 | +417.9% |
| Cash at bank and in hand | 54/58 | €13,125 | €67,990 | +€54,865 | +418.0% |
| Total equity and liabilities | 10/49 | €792,245 | €539,122 | -€253,123 | -32.0% |
| Equity | 10/15 | €126,303 | €236,600 | +€110,297 | +87.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €106,303 | €216,600 | +€110,297 | +103.8% |
| Distributable reserves | 133 | €106,303 | €216,600 | +€110,297 | +103.8% |
| Amounts payable | 17/49 | €665,942 | €302,522 | -€363,420 | -54.6% |
| Amounts payable after more than one year | 17 | €359,295 | €86,000 | -€273,295 | -76.1% |
| Financial debts | 170/4 | €359,295 | €86,000 | -€273,295 | -76.1% |
| Amounts payable within one year | 42/48 | €306,647 | €204,038 | -€102,609 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €13,738 | €1,285 | -€12,453 | -90.6% |
| Suppliers | 440/4 | €13,738 | €1,285 | -€12,453 | -90.6% |
| Taxes, remuneration and social security | 45 | €1,066 | €101,256 | +€100,190 | +9396.3% |
| Taxes | 450/3 | €1,066 | €101,076 | +€100,010 | +9379.4% |
| Remuneration and social security | 454/9 | - | €180 | +€180 | |
| Other amounts payable | 47/48 | €291,842 | €81,496 | -€210,346 | -72.1% |
| Accrued charges and deferred income | 492/3 | - | €12,484 | +€12,484 | |
| Non-recurring operating income | 76A | €21,491 | - | -€21,491 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,707 | €4,213 | +€2,506 | +146.8% |
| Other operating charges | 640/8 | €17,562 | €9,964 | -€7,598 | -43.3% |
| Gross operating margin | 9900 | €144,502 | €235,685 | +€91,182 | +63.1% |
| Operating profit (loss) | 9901 | €125,233 | €221,507 | +€96,274 | +76.9% |
| Financial income | 75/76B | €3 | €32 | +€29 | +942.2% |
| Recurring financial income | 75 | €3 | €32 | +€29 | +942.2% |
| Financial charges | 65/66B | €132 | €5,166 | +€5,034 | +3801.3% |
| Recurring financial charges | 65 | €132 | €5,166 | +€5,034 | +3801.3% |
| Profit (loss) for the period before taxes | 9903 | €125,104 | €216,373 | +€91,269 | +73.0% |
| Income taxes | 67/77 | €2,041 | €106,076 | +€104,035 | +5096.1% |
| Profit (loss) for the period | 9904 | €123,063 | €110,297 | -€12,766 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €123,063 | €110,297 | -€12,766 | -10.4% |
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 10 October 2026 via checked.be.