PB LOGIC: 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 LOGIC
Largest movements
- Tangible fixed assets -€16,371
down €16,371 (-29.5%), from €55,553 to €39,182
of which Furniture and vehicles: -€15,506
- Cash +€13,626
up €13,626 (+1,176%), from €1,158 to €14,784
mainly Depreciation (+€17,904) and Net result for the year (+€8,304)
- Deferred charges and accrued income -€1,735
down €1,735 (-21.6%), from €8,045 to €6,310
- Debts after one year -€10,394
down €10,394 (-31.9%), from €32,569 to €22,175
- Profit (loss) carried forward +€8,304
up €8,304 (+86.7%), from -€9,573 to -€1,269
- Short-term financial debts -€1,987
down €1,987 (-32.2%), from €6,167 to €4,181
- Accrued charges and deferred income -€1,200
down €1,200 (-80.0%), from €1,500 to €300
- Gross operating margin +€21,651
up €21,651 (+217%), from €9,965 to €31,616
- Taxes +€2,464
up €2,464 (+1,171%), from €210 to €2,674
- Depreciation -€915
down €915 (-4.9%), from €18,819 to €17,904
- Financial charges -€859
down €859 (-26.9%), from €3,190 to €2,331
- Other operating charges -€342
down €342 (-21.9%), from €1,559 to €1,217
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 | €105,451 | €101,359 | -€4,092 | -3.9% |
| Fixed assets | 21/28 | €55,553 | €39,182 | -€16,371 | -29.5% |
| Tangible fixed assets | 22/27 | €55,553 | €39,182 | -€16,371 | -29.5% |
| Plant, machinery and equipment | 23 | €4,440 | €3,575 | -€865 | -19.5% |
| Furniture and vehicles | 24 | €51,113 | €35,607 | -€15,506 | -30.3% |
| Current assets | 29/58 | €49,897 | €62,177 | +€12,280 | +24.6% |
| Amounts receivable after more than one year | 29 | €18,000 | €18,000 | = | 0.0% |
| Other amounts receivable | 291 | €18,000 | €18,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €5,570 | €5,043 | -€527 | -9.5% |
| Stocks | 30/36 | €5,570 | €5,043 | -€527 | -9.5% |
| Amounts receivable within one year | 40/41 | €17,124 | €18,039 | +€915 | +5.3% |
| Trade receivables | 40 | €11,866 | €10,720 | -€1,146 | -9.7% |
| Other amounts receivable | 41 | €5,258 | €7,320 | +€2,062 | +39.2% |
| Cash at bank and in hand | 54/58 | €1,158 | €14,784 | +€13,626 | +1,176% |
| Deferred charges and accrued income | 490/1 | €8,045 | €6,310 | -€1,735 | -21.6% |
| Total equity and liabilities | 10/49 | €105,451 | €101,359 | -€4,092 | -3.9% |
| Equity | 10/15 | €48,885 | €57,189 | +€8,304 | +17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,858 | €39,858 | = | 0.0% |
| Distributable reserves | 133 | €39,858 | €39,858 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,573 | -€1,269 | +€8,304 | +86.7% |
| Amounts payable | 17/49 | €56,566 | €44,170 | -€12,396 | -21.9% |
| Amounts payable after more than one year | 17 | €32,569 | €22,175 | -€10,394 | -31.9% |
| Financial debts | 170/4 | €32,569 | €22,175 | -€10,394 | -31.9% |
| Amounts payable within one year | 42/48 | €22,497 | €21,695 | -€802 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €9,957 | €10,394 | +€437 | +4.4% |
| Financial debts | 43 | €6,167 | €4,181 | -€1,987 | -32.2% |
| Credit institutions | 430/8 | €6,167 | €4,181 | -€1,987 | -32.2% |
| Trade debts | 44 | €4,188 | €4,995 | +€807 | +19.3% |
| Suppliers | 440/4 | €4,188 | €4,995 | +€807 | +19.3% |
| Taxes, remuneration and social security | 45 | €2,184 | €2,125 | -€59 | -2.7% |
| Taxes | 450/3 | €289 | - | -€289 | |
| Remuneration and social security | 454/9 | €1,894 | €2,125 | +€231 | +12.2% |
| Accrued charges and deferred income | 492/3 | €1,500 | €300 | -€1,200 | -80.0% |
| Non-recurring operating income | 76A | - | €2,119 | +€2,119 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,819 | €17,904 | -€915 | -4.9% |
| Other operating charges | 640/8 | €1,559 | €1,217 | -€342 | -21.9% |
| Gross operating margin | 9900 | €9,965 | €31,616 | +€21,651 | +217% |
| Operating profit (loss) | 9901 | -€10,413 | €12,494 | +€22,907 | |
| Financial income | 75/76B | €605 | €815 | +€210 | +34.8% |
| Recurring financial income | 75 | €605 | €815 | +€210 | +34.8% |
| Financial charges | 65/66B | €3,190 | €2,331 | -€859 | -26.9% |
| Recurring financial charges | 65 | €3,190 | €2,331 | -€859 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,998 | €10,978 | +€23,976 | |
| Income taxes | 67/77 | €210 | €2,674 | +€2,464 | +1,171% |
| Profit (loss) for the period | 9904 | -€13,208 | €8,304 | +€21,513 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,208 | €8,304 | +€21,513 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.