PB CONCEPT: 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.
PB CONCEPT
Largest movements
- Receivables within one year +€29,837
up €29,837 (+170.3%), from €17,524 to €47,361
of which Trade receivables: +€25,108
- Intangible fixed assets -€1,823
down €1,823 (-46.3%), from €3,942 to €2,118
- Profit (loss) carried forward +€15,203
up €15,203 (+45.0%), from €33,772 to €48,975
- Tax, wage and social debts +€9,340
up €9,340 (+62.2%), from €15,017 to €24,358
of which Taxes: +€9,340
- Gross operating margin +€24,030
up €24,030, from -€1,864 to €22,166
- Depreciation -€1,479
down €1,479 (-18.4%), from €8,052 to €6,573
- Financial income -€937
down €937 (-99.3%), from €943 to €6
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 | €113,861 | €139,670 | +€25,809 | +22.7% |
| Fixed assets | 21/28 | €18,891 | €16,158 | -€2,734 | -14.5% |
| Intangible fixed assets | 21 | €3,942 | €2,118 | -€1,823 | -46.3% |
| Tangible fixed assets | 22/27 | €14,825 | €13,914 | -€911 | -6.1% |
| Plant, machinery and equipment | 23 | €11,852 | €11,524 | -€328 | -2.8% |
| Other tangible fixed assets | 26 | €2,973 | €2,390 | -€583 | -19.6% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €94,969 | €123,512 | +€28,543 | +30.1% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,524 | €47,361 | +€29,837 | +170.3% |
| Trade receivables | 40 | €2,368 | €27,476 | +€25,108 | +1060.3% |
| Other amounts receivable | 41 | €15,156 | €19,885 | +€4,728 | +31.2% |
| Cash at bank and in hand | 54/58 | €75,445 | €74,151 | -€1,294 | -1.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €113,861 | €139,670 | +€25,809 | +22.7% |
| Equity | 10/15 | €91,792 | €106,995 | +€15,203 | +16.6% |
| Contributions | 10/11 | €13,200 | €13,200 | = | 0.0% |
| Reserves | 13 | €44,820 | €44,820 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €42,960 | €42,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,772 | €48,975 | +€15,203 | +45.0% |
| Amounts payable | 17/49 | €22,068 | €32,674 | +€10,606 | +48.1% |
| Amounts payable within one year | 42/48 | €22,068 | €32,674 | +€10,606 | +48.1% |
| Trade debts | 44 | €7,051 | €8,317 | +€1,266 | +17.9% |
| Suppliers | 440/4 | €7,051 | €8,317 | +€1,266 | +17.9% |
| Taxes, remuneration and social security | 45 | €15,017 | €24,358 | +€9,340 | +62.2% |
| Taxes | 450/3 | €7,817 | €17,158 | +€9,340 | +119.5% |
| Remuneration and social security | 454/9 | €7,200 | €7,200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €34 | €29 | -€4 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,052 | €6,573 | -€1,479 | -18.4% |
| Other operating charges | 640/8 | €50 | €0 | -€50 | -100.0% |
| Gross operating margin | 9900 | -€1,864 | €22,166 | +€24,030 | |
| Operating profit (loss) | 9901 | -€10,000 | €15,563 | +€25,563 | |
| Financial income | 75/76B | €943 | €6 | -€937 | -99.3% |
| Recurring financial income | 75 | €943 | €6 | -€937 | -99.3% |
| Financial charges | 65/66B | €535 | €367 | -€169 | -31.5% |
| Recurring financial charges | 65 | €535 | €367 | -€169 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,592 | €15,203 | +€24,795 | |
| Income taxes | 67/77 | €201 | €0 | -€201 | -100.0% |
| Profit (loss) for the period | 9904 | -€9,793 | €15,203 | +€24,996 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,793 | €15,203 | +€24,996 |
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 10 October 2026 via checked.be.