P & T Create: what changed
Two fiscal 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 & T Create
Largest movements
- Cash +€63,074
up €63,074 (+70.2%), from €89,802 to €152,876
mainly Net result for the year (+€44,843) and Receivables within one year (+€18,189)
- Receivables within one year -€18,189
down €18,189 (-43.2%), from €42,108 to €23,919
of which Trade receivables: -€14,066
- Tangible fixed assets -€1,961
down €1,961 (-74.8%), from €2,621 to €661
of which Furniture and vehicles: -€1,480
- Reserves +€43,125
up €43,125 (+46.6%), from €92,532 to €135,657
- Tax, wage and social debts -€5,641
down €5,641 (-47.6%), from €11,861 to €6,220
of which Remuneration and social security: -€5,878
- Other debts +€3,414
up €3,414 (+36.4%), from €9,387 to €12,801
- Gross operating margin +€13,621
up €13,621 (+24.0%), from €56,727 to €70,348
- Taxes +€7,374
up €7,374 (+49.4%), from €14,916 to €22,290
- Other operating charges -€1,111
down €1,111 (-47.8%), from €2,325 to €1,214
- Depreciation -€969
down €969 (-33.1%), from €2,929 to €1,961
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 | €138,439 | €180,687 | +€42,247 | +30.5% |
| Fixed assets | 21/28 | €4,256 | €2,296 | -€1,961 | -46.1% |
| Tangible fixed assets | 22/27 | €2,621 | €661 | -€1,961 | -74.8% |
| Plant, machinery and equipment | 23 | €1,141 | €661 | -€481 | -42.1% |
| Furniture and vehicles | 24 | €1,480 | - | -€1,480 | |
| Financial fixed assets | 28 | €1,635 | €1,635 | = | 0.0% |
| Current assets | 29/58 | €134,183 | €178,391 | +€44,208 | +32.9% |
| Amounts receivable within one year | 40/41 | €42,108 | €23,919 | -€18,189 | -43.2% |
| Trade receivables | 40 | €29,498 | €15,432 | -€14,066 | -47.7% |
| Other amounts receivable | 41 | €12,610 | €8,487 | -€4,123 | -32.7% |
| Cash at bank and in hand | 54/58 | €89,802 | €152,876 | +€63,074 | +70.2% |
| Deferred charges and accrued income | 490/1 | €2,272 | €1,595 | -€677 | -29.8% |
| Total equity and liabilities | 10/49 | €138,439 | €180,687 | +€42,247 | +30.5% |
| Equity | 10/15 | €107,412 | €150,537 | +€43,125 | +40.1% |
| Contributions | 10/11 | €14,880 | €14,880 | = | 0.0% |
| Reserves | 13 | €92,532 | €135,657 | +€43,125 | +46.6% |
| Distributable reserves | 133 | €92,532 | €135,657 | +€43,125 | +46.6% |
| Amounts payable | 17/49 | €31,027 | €30,150 | -€877 | -2.8% |
| Amounts payable within one year | 42/48 | €31,027 | €30,150 | -€877 | -2.8% |
| Trade debts | 44 | €9,779 | €11,129 | +€1,350 | +13.8% |
| Suppliers | 440/4 | €9,779 | €11,129 | +€1,350 | +13.8% |
| Taxes, remuneration and social security | 45 | €11,861 | €6,220 | -€5,641 | -47.6% |
| Taxes | 450/3 | €5,982 | €6,220 | +€238 | +4.0% |
| Remuneration and social security | 454/9 | €5,878 | - | -€5,878 | |
| Other amounts payable | 47/48 | €9,387 | €12,801 | +€3,414 | +36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,929 | €1,961 | -€969 | -33.1% |
| Other operating charges | 640/8 | €2,325 | €1,214 | -€1,111 | -47.8% |
| Gross operating margin | 9900 | €56,727 | €70,348 | +€13,621 | +24.0% |
| Operating profit (loss) | 9901 | €51,473 | €67,173 | +€15,700 | +30.5% |
| Financial income | 75/76B | €559 | €99 | -€460 | -82.3% |
| Recurring financial income | 75 | €559 | €99 | -€460 | -82.3% |
| Financial charges | 65/66B | €117 | €139 | +€22 | +18.8% |
| Recurring financial charges | 65 | €117 | €139 | +€22 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €51,915 | €67,133 | +€15,218 | +29.3% |
| Income taxes | 67/77 | €14,916 | €22,290 | +€7,374 | +49.4% |
| Profit (loss) for the period | 9904 | €36,998 | €44,843 | +€7,844 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,998 | €44,843 | +€7,844 | +21.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.