P4C CONSULTING: 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.
P4C CONSULTING
Largest movements
- Receivables within one year -€45,267
down €45,267 (-63.8%), from €70,999 to €25,732
of which Trade receivables: -€47,031
- Current investments +€25,961
up €25,961 (+17.5%), from €148,044 to €174,005
- Cash -€15,116
down €15,116 (-8.8%), from €170,966 to €155,850
mainly Tax, wage and social debts (-€76,421) and Other debts (-€54,738)
- Tangible fixed assets +€14,072
up €14,072 (+383%), from €3,677 to €17,749
of which Furniture and vehicles: +€15,373
- Deferred charges and accrued income -€5,515
down €5,515 (-53.0%), from €10,406 to €4,890
- Profit (loss) carried forward +€104,228
new in 2025: €104,228
- Tax, wage and social debts -€76,421
no longer reported in 2025 (was €76,421)
- Other debts -€54,738
down €54,738 (-78.9%), from €69,394 to €14,656
- Gross operating margin +€46,695
up €46,695 (+50.1%), from €93,172 to €139,867
- Taxes +€12,807
up €12,807 (+60.4%), from €21,190 to €33,996
- Financial income -€2,582
down €2,582 (-60.4%), from €4,275 to €1,693
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 | €404,091 | €378,226 | -€25,865 | -6.4% |
| Fixed assets | 21/28 | €3,677 | €17,749 | +€14,072 | +383% |
| Tangible fixed assets | 22/27 | €3,677 | €17,749 | +€14,072 | +383% |
| Plant, machinery and equipment | 23 | €1,999 | €1,145 | -€853 | -42.7% |
| Furniture and vehicles | 24 | - | €15,373 | +€15,373 | |
| Other tangible fixed assets | 26 | €1,678 | €1,231 | -€447 | -26.6% |
| Current assets | 29/58 | €400,415 | €360,477 | -€39,937 | -10.0% |
| Amounts receivable within one year | 40/41 | €70,999 | €25,732 | -€45,267 | -63.8% |
| Trade receivables | 40 | €48,591 | €1,560 | -€47,031 | -96.8% |
| Other amounts receivable | 41 | €22,408 | €24,172 | +€1,764 | +7.9% |
| Current investments | 50/53 | €148,044 | €174,005 | +€25,961 | +17.5% |
| Cash at bank and in hand | 54/58 | €170,966 | €155,850 | -€15,116 | -8.8% |
| Deferred charges and accrued income | 490/1 | €10,406 | €4,890 | -€5,515 | -53.0% |
| Total equity and liabilities | 10/49 | €404,091 | €378,226 | -€25,865 | -6.4% |
| Equity | 10/15 | €253,648 | €357,876 | +€104,228 | +41.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €248,648 | €248,648 | = | 0.0% |
| Distributable reserves | 133 | €248,648 | €248,648 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €104,228 | +€104,228 | |
| Amounts payable | 17/49 | €150,443 | €20,350 | -€130,093 | -86.5% |
| Amounts payable within one year | 42/48 | €150,443 | €20,350 | -€130,093 | -86.5% |
| Trade debts | 44 | €4,628 | €5,694 | +€1,066 | +23.0% |
| Suppliers | 440/4 | €4,628 | €5,694 | +€1,066 | +23.0% |
| Taxes, remuneration and social security | 45 | €76,421 | - | -€76,421 | |
| Taxes | 450/3 | €76,421 | - | -€76,421 | |
| Other amounts payable | 47/48 | €69,394 | €14,656 | -€54,738 | -78.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €961 | €1,960 | +€1,000 | +104% |
| Other operating charges | 640/8 | €576 | €1,076 | +€500 | +86.8% |
| Gross operating margin | 9900 | €93,172 | €139,867 | +€46,695 | +50.1% |
| Operating profit (loss) | 9901 | €91,636 | €136,831 | +€45,196 | +49.3% |
| Financial income | 75/76B | €4,275 | €1,693 | -€2,582 | -60.4% |
| Recurring financial income | 75 | €4,275 | €1,693 | -€2,582 | -60.4% |
| Financial charges | 65/66B | €187 | €299 | +€113 | +60.2% |
| Recurring financial charges | 65 | €187 | €299 | +€113 | +60.2% |
| Profit (loss) for the period before taxes | 9903 | €95,723 | €138,225 | +€42,501 | +44.4% |
| Income taxes | 67/77 | €21,190 | €33,996 | +€12,807 | +60.4% |
| Profit (loss) for the period | 9904 | €74,534 | €104,228 | +€29,694 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €74,534 | €104,228 | +€29,694 | +39.8% |
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 21 October 2026 via checked.be.