PB Building: 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.
PB Building
Largest movements
- Cash -€159,506
down €159,506 (-58.9%), from €270,791 to €111,285
mainly Stocks and contracts (-€85,980) and Receivables within one year (-€54,800)
- Stocks and contracts +€85,980
up €85,980 (+23.0%), from €373,520 to €459,500
- Receivables within one year +€54,800
up €54,800 (+1224.2%), from €4,477 to €59,277
of which Other amounts receivable: +€49,438
- Tangible fixed assets +€10,220
up €10,220 (+414.8%), from €2,464 to €12,684
of which Furniture and vehicles: +€8,988
- Debts after one year +€65,000
up €65,000 (+35.1%), from €185,000 to €250,000
- Other debts -€40,791
down €40,791 (-17.5%), from €232,802 to €192,011
- Profit (loss) carried forward -€34,568
down €34,568, from €2,450 to -€32,118
- Gross operating margin -€20,681
down €20,681 (-85.1%), from €24,294 to €3,613
- Financial charges +€18,640
up €18,640 (+126.6%), from €14,729 to €33,369
- Other operating charges -€2,082
down €2,082 (-42.2%), from €4,932 to €2,850
- Taxes -€645
no longer reported in 2025 (was €645)
- Financial income +€371
up €371 (+209.1%), from €178 to €549
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 | €651,251 | €642,746 | -€8,505 | -1.3% |
| Fixed assets | 21/28 | €2,464 | €12,684 | +€10,220 | +414.8% |
| Tangible fixed assets | 22/27 | €2,464 | €12,684 | +€10,220 | +414.8% |
| Plant, machinery and equipment | 23 | €2,196 | €3,428 | +€1,232 | +56.1% |
| Furniture and vehicles | 24 | €268 | €9,256 | +€8,988 | +3356.6% |
| Current assets | 29/58 | €648,788 | €630,062 | -€18,726 | -2.9% |
| Stocks and contracts in progress | 3 | €373,520 | €459,500 | +€85,980 | +23.0% |
| Stocks | 30/36 | €373,520 | €459,500 | +€85,980 | +23.0% |
| Amounts receivable within one year | 40/41 | €4,477 | €59,277 | +€54,800 | +1224.2% |
| Trade receivables | 40 | - | €5,362 | +€5,362 | |
| Other amounts receivable | 41 | €4,477 | €53,915 | +€49,438 | +1104.4% |
| Cash at bank and in hand | 54/58 | €270,791 | €111,285 | -€159,506 | -58.9% |
| Total equity and liabilities | 10/49 | €651,251 | €642,746 | -€8,505 | -1.3% |
| Equity | 10/15 | €228,811 | €194,242 | -€34,569 | -15.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €76,360 | €76,360 | -€0 | 0.0% |
| Distributable reserves | 133 | €76,360 | €76,360 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €2,450 | -€32,118 | -€34,568 | |
| Amounts payable | 17/49 | €422,441 | €448,504 | +€26,063 | +6.2% |
| Amounts payable after more than one year | 17 | €185,000 | €250,000 | +€65,000 | +35.1% |
| Financial debts | 170/4 | €185,000 | €250,000 | +€65,000 | +35.1% |
| Amounts payable within one year | 42/48 | €237,441 | €198,504 | -€38,937 | -16.4% |
| Trade debts | 44 | €2,837 | €222 | -€2,615 | -92.2% |
| Suppliers | 440/4 | €2,837 | €222 | -€2,615 | -92.2% |
| Taxes, remuneration and social security | 45 | €1,802 | €6,271 | +€4,469 | +248.0% |
| Taxes | 450/3 | €1,802 | €6,271 | +€4,469 | +248.0% |
| Other amounts payable | 47/48 | €232,802 | €192,011 | -€40,791 | -17.5% |
| Non-recurring operating income | 76A | €43,705 | - | -€43,705 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,180 | €2,459 | +€279 | +12.8% |
| Other operating charges | 640/8 | €4,932 | €2,850 | -€2,082 | -42.2% |
| Non-recurring operating charges | 66A | €561 | €52 | -€509 | -90.7% |
| Gross operating margin | 9900 | €24,294 | €3,613 | -€20,681 | -85.1% |
| Operating profit (loss) | 9901 | €16,620 | -€1,748 | -€18,368 | |
| Financial income | 75/76B | €178 | €549 | +€371 | +209.1% |
| Recurring financial income | 75 | €178 | €549 | +€371 | +209.1% |
| Financial charges | 65/66B | €14,729 | €33,369 | +€18,640 | +126.6% |
| Recurring financial charges | 65 | €14,729 | €33,369 | +€18,640 | +126.6% |
| Profit (loss) for the period before taxes | 9903 | €2,069 | -€34,568 | -€36,637 | |
| Income taxes | 67/77 | €645 | - | -€645 | |
| Profit (loss) for the period | 9904 | €1,424 | -€34,568 | -€35,992 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,424 | -€34,568 | -€35,992 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.