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
- Receivables within one year +€363,029
up €363,029 (+88.2%), from €411,503 to €774,532
of which Trade receivables: +€424,014
- Cash -€105,225
down €105,225 (-99.2%), from €106,057 to €832
mainly Receivables within one year (-€363,029) and Contributions, distributions and other (-€100,000)
- Stocks and contracts +€15,759
up €15,759 (+45.9%), from €34,355 to €50,114
- Deferred charges and accrued income +€10,555
up €10,555 (+2425.4%), from €435 to €10,990
- Other debts +€260,901
up €260,901 (+744.2%), from €35,059 to €295,960
- Reserves -€34,282
down €34,282 (-15.7%), from €217,727 to €183,445
- Tax, wage and social debts +€32,996
up €32,996 (+54.1%), from €61,020 to €94,015
- Trade debts +€27,632
up €27,632 (+11.6%), from €238,112 to €265,744
- Gross operating margin -€198,228
down €198,228 (-68.5%), from €289,434 to €91,206
- Taxes -€40,446
down €40,446 (-63.8%), from €63,438 to €22,992
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 | €556,917 | €844,164 | +€287,247 | +51.6% |
| Fixed assets | 21/28 | €4,567 | €7,696 | +€3,129 | +68.5% |
| Tangible fixed assets | 22/27 | €4,567 | €7,696 | +€3,129 | +68.5% |
| Plant, machinery and equipment | 23 | €3,725 | €7,163 | +€3,438 | +92.3% |
| Furniture and vehicles | 24 | €842 | €533 | -€308 | -36.6% |
| Current assets | 29/58 | €552,350 | €836,468 | +€284,118 | +51.4% |
| Stocks and contracts in progress | 3 | €34,355 | €50,114 | +€15,759 | +45.9% |
| Stocks | 30/36 | €34,355 | €50,114 | +€15,759 | +45.9% |
| Amounts receivable within one year | 40/41 | €411,503 | €774,532 | +€363,029 | +88.2% |
| Trade receivables | 40 | €345,511 | €769,525 | +€424,014 | +122.7% |
| Other amounts receivable | 41 | €65,992 | €5,006 | -€60,985 | -92.4% |
| Cash at bank and in hand | 54/58 | €106,057 | €832 | -€105,225 | -99.2% |
| Deferred charges and accrued income | 490/1 | €435 | €10,990 | +€10,555 | +2425.4% |
| Total equity and liabilities | 10/49 | €556,917 | €844,164 | +€287,247 | +51.6% |
| Equity | 10/15 | €222,727 | €188,445 | -€34,282 | -15.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €217,727 | €183,445 | -€34,282 | -15.7% |
| Distributable reserves | 133 | €217,727 | €183,445 | -€34,282 | -15.7% |
| Amounts payable | 17/49 | €334,190 | €655,719 | +€321,529 | +96.2% |
| Amounts payable within one year | 42/48 | €334,190 | €655,719 | +€321,529 | +96.2% |
| Trade debts | 44 | €238,112 | €265,744 | +€27,632 | +11.6% |
| Suppliers | 440/4 | €238,112 | €265,744 | +€27,632 | +11.6% |
| Taxes, remuneration and social security | 45 | €61,020 | €94,015 | +€32,996 | +54.1% |
| Taxes | 450/3 | €61,020 | €94,015 | +€32,996 | +54.1% |
| Other amounts payable | 47/48 | €35,059 | €295,960 | +€260,901 | +744.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €533 | €1,946 | +€1,413 | +265.3% |
| Other operating charges | 640/8 | €272 | €188 | -€84 | -30.9% |
| Gross operating margin | 9900 | €289,434 | €91,206 | -€198,228 | -68.5% |
| Operating profit (loss) | 9901 | €288,629 | €89,072 | -€199,557 | -69.1% |
| Financial income | 75/76B | €242 | €424 | +€182 | +75.1% |
| Recurring financial income | 75 | €242 | €424 | +€182 | +75.1% |
| Financial charges | 65/66B | €231 | €786 | +€555 | +240.1% |
| Recurring financial charges | 65 | €231 | €786 | +€555 | +240.1% |
| Profit (loss) for the period before taxes | 9903 | €288,640 | €88,710 | -€199,930 | -69.3% |
| Income taxes | 67/77 | €63,438 | €22,992 | -€40,446 | -63.8% |
| Profit (loss) for the period | 9904 | €225,203 | €65,718 | -€159,484 | -70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €225,203 | €65,718 | -€159,484 | -70.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.