P-Tech: 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-Tech
Largest movements
- Receivables within one year +€14,639
up €14,639 (+189.5%), from €7,725 to €22,364
of which Trade receivables: +€13,274
- Cash +€4,102
up €4,102 (+104.1%), from €3,942 to €8,044
mainly Trade debts (+€14,921) and Depreciation (+€7,927)
- Deferred charges and accrued income +€1,875
up €1,875 (+4346.0%), from €43 to €1,918
- Stocks and contracts -€1,234
down €1,234 (-8.4%), from €14,613 to €13,379
- Tangible fixed assets -€786
down €786 (-62.1%), from €1,265 to €479
of which Furniture and vehicles: -€708
- Trade debts +€14,921
up €14,921 (+151.8%), from €9,830 to €24,751
- Reserves +€3,557
up €3,557 (+75.4%), from €4,717 to €8,273
- Other debts +€1,065
up €1,065 (+42.7%), from €2,495 to €3,559
- Profit (loss) carried forward -€833
down €833 (-10.5%), from €7,936 to €7,103
- Depreciation +€7,154
up €7,154 (+925.5%), from €773 to €7,927
- Gross operating margin +€5,631
up €5,631 (+70.5%), from €7,986 to €13,617
- Other operating charges -€147
down €147 (-11.8%), from €1,251 to €1,103
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 | €27,588 | €46,183 | +€18,595 | +67.4% |
| Fixed assets | 21/28 | €1,265 | €479 | -€786 | -62.1% |
| Tangible fixed assets | 22/27 | €1,265 | €479 | -€786 | -62.1% |
| Plant, machinery and equipment | 23 | €318 | €240 | -€78 | -24.5% |
| Furniture and vehicles | 24 | €947 | €239 | -€708 | -74.8% |
| Current assets | 29/58 | €26,323 | €45,705 | +€19,381 | +73.6% |
| Stocks and contracts in progress | 3 | €14,613 | €13,379 | -€1,234 | -8.4% |
| Stocks | 30/36 | €14,613 | €13,379 | -€1,234 | -8.4% |
| Amounts receivable within one year | 40/41 | €7,725 | €22,364 | +€14,639 | +189.5% |
| Trade receivables | 40 | €6,119 | €19,394 | +€13,274 | +216.9% |
| Other amounts receivable | 41 | €1,606 | €2,970 | +€1,364 | +84.9% |
| Cash at bank and in hand | 54/58 | €3,942 | €8,044 | +€4,102 | +104.1% |
| Deferred charges and accrued income | 490/1 | €43 | €1,918 | +€1,875 | +4346.0% |
| Total equity and liabilities | 10/49 | €27,588 | €46,183 | +€18,595 | +67.4% |
| Equity | 10/15 | €14,652 | €17,376 | +€2,724 | +18.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,717 | €8,273 | +€3,557 | +75.4% |
| Distributable reserves | 133 | €4,717 | €8,273 | +€3,557 | +75.4% |
| Profit (loss) carried forward | 14 | €7,936 | €7,103 | -€833 | -10.5% |
| Amounts payable | 17/49 | €12,936 | €28,807 | +€15,871 | +122.7% |
| Amounts payable within one year | 42/48 | €12,936 | €28,807 | +€15,871 | +122.7% |
| Trade debts | 44 | €9,830 | €24,751 | +€14,921 | +151.8% |
| Suppliers | 440/4 | €9,830 | €24,751 | +€14,921 | +151.8% |
| Taxes, remuneration and social security | 45 | €611 | €497 | -€115 | -18.7% |
| Taxes | 450/3 | €611 | €497 | -€115 | -18.7% |
| Other amounts payable | 47/48 | €2,495 | €3,559 | +€1,065 | +42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €773 | €7,927 | +€7,154 | +925.5% |
| Other operating charges | 640/8 | €1,251 | €1,103 | -€147 | -11.8% |
| Gross operating margin | 9900 | €7,986 | €13,617 | +€5,631 | +70.5% |
| Operating profit (loss) | 9901 | €5,962 | €4,587 | -€1,376 | -23.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €635 | €533 | -€101 | -16.0% |
| Recurring financial charges | 65 | €635 | €533 | -€101 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €5,328 | €4,053 | -€1,274 | -23.9% |
| Income taxes | 67/77 | €611 | €497 | -€115 | -18.7% |
| Profit (loss) for the period | 9904 | €4,717 | €3,557 | -€1,160 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,717 | €3,557 | -€1,160 | -24.6% |
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 11 October 2026 via checked.be.