PB23 TECHNICS: 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.
PB23 TECHNICS
Largest movements
- Tangible fixed assets +€6,702
up €6,702 (+50.9%), from €13,156 to €19,858
of which Furniture and vehicles: +€6,941
- Stocks and contracts +€6,428
up €6,428 (+20.0%), from €32,067 to €38,496
- Cash +€3,979
up €3,979 (+210.4%), from €1,891 to €5,870
mainly Other debts (+€21,556) and Depreciation (+€8,389)
- Receivables within one year -€2,155
down €2,155 (-3.7%), from €57,779 to €55,625
of which Other amounts receivable: -€3,586
- Other debts +€21,556
up €21,556 (+54.0%), from €39,921 to €61,476
- Profit (loss) carried forward -€15,517
down €15,517 (-64.7%), from €23,972 to €8,455
- Trade debts +€5,315
up €5,315 (+44.3%), from €12,003 to €17,318
- Tax, wage and social debts +€3,601
up €3,601 (+15.7%), from €22,998 to €26,599
of which Remuneration and social security: +€3,329
- Staff costs -€33,517
down €33,517 (-32.7%), from €102,528 to €69,012
- Gross operating margin -€22,907
down €22,907 (-26.5%), from €86,387 to €63,480
- Depreciation +€1,293
up €1,293 (+18.2%), from €7,097 to €8,389
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 | €104,894 | €119,849 | +€14,955 | +14.3% |
| Fixed assets | 21/28 | €13,156 | €19,858 | +€6,702 | +50.9% |
| Tangible fixed assets | 22/27 | €13,156 | €19,858 | +€6,702 | +50.9% |
| Plant, machinery and equipment | 23 | €4,732 | €4,493 | -€239 | -5.1% |
| Furniture and vehicles | 24 | €8,424 | €15,365 | +€6,941 | +82.4% |
| Current assets | 29/58 | €91,737 | €99,991 | +€8,253 | +9.0% |
| Stocks and contracts in progress | 3 | €32,067 | €38,496 | +€6,428 | +20.0% |
| Stocks | 30/36 | €32,067 | €38,496 | +€6,428 | +20.0% |
| Amounts receivable within one year | 40/41 | €57,779 | €55,625 | -€2,155 | -3.7% |
| Trade receivables | 40 | €25,078 | €26,509 | +€1,431 | +5.7% |
| Other amounts receivable | 41 | €32,701 | €29,115 | -€3,586 | -11.0% |
| Cash at bank and in hand | 54/58 | €1,891 | €5,870 | +€3,979 | +210.4% |
| Total equity and liabilities | 10/49 | €104,894 | €119,849 | +€14,955 | +14.3% |
| Equity | 10/15 | €29,972 | €14,455 | -€15,517 | -51.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,972 | €8,455 | -€15,517 | -64.7% |
| Amounts payable | 17/49 | €74,922 | €105,394 | +€30,472 | +40.7% |
| Amounts payable within one year | 42/48 | €74,922 | €105,394 | +€30,472 | +40.7% |
| Trade debts | 44 | €12,003 | €17,318 | +€5,315 | +44.3% |
| Suppliers | 440/4 | €12,003 | €17,318 | +€5,315 | +44.3% |
| Taxes, remuneration and social security | 45 | €22,998 | €26,599 | +€3,601 | +15.7% |
| Taxes | 450/3 | €7,611 | €7,883 | +€272 | +3.6% |
| Remuneration and social security | 454/9 | €15,388 | €18,716 | +€3,329 | +21.6% |
| Other amounts payable | 47/48 | €39,921 | €61,476 | +€21,556 | +54.0% |
| Remuneration, social security and pensions | 62 | €102,528 | €69,012 | -€33,517 | -32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,097 | €8,389 | +€1,293 | +18.2% |
| Other operating charges | 640/8 | €321 | €992 | +€671 | +209.3% |
| Gross operating margin | 9900 | €86,387 | €63,480 | -€22,907 | -26.5% |
| Operating profit (loss) | 9901 | -€23,559 | -€14,913 | +€8,646 | +36.7% |
| Financial income | 75/76B | €1 | €502 | +€502 | +89566.1% |
| Recurring financial income | 75 | €1 | €2 | +€2 | +280.4% |
| Non-recurring financial income | 76B | - | €500 | +€500 | |
| Financial charges | 65/66B | €336 | €1,106 | +€771 | +229.7% |
| Recurring financial charges | 65 | €336 | €1,106 | +€771 | +229.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,894 | -€15,517 | +€8,377 | +35.1% |
| Profit (loss) for the period | 9904 | -€23,894 | -€15,517 | +€8,377 | +35.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,894 | -€15,517 | +€8,377 | +35.1% |
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.