PBI Services: 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.
PBI Services
Largest movements
- Cash +€25,229
up €25,229 (+207%), from €12,170 to €37,400
mainly Net result for the year (+€19,283) and Tax, wage and social debts (+€4,225)
- Receivables within one year -€3,392
down €3,392 (-15.7%), from €21,554 to €18,162
of which Other amounts receivable: -€2,182
- Formation expenses -€1,240
down €1,240 (-100%), from €1,240 to €0
- Tangible fixed assets +€1,176
up €1,176 (+84.1%), from €1,398 to €2,574
- Deferred charges and accrued income +€1,087
new in 2025: €1,087
- Reserves +€18,450
up €18,450 (+98.0%), from €18,821 to €37,271
- Tax, wage and social debts +€4,225
up €4,225 (+32.1%), from €13,171 to €17,396
- Gross operating margin +€5,401
up €5,401 (+20.5%), from €26,403 to €31,804
- Taxes +€2,917
up €2,917 (+51.6%), from €5,656 to €8,574
- Other operating charges +€1,823
new in 2025: €1,823
- Depreciation +€919
up €919 (+86.0%), from €1,069 to €1,988
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 | €36,737 | €59,598 | +€22,861 | +62.2% |
| Formation expenses | 20 | €1,240 | €0 | -€1,240 | -100% |
| Fixed assets | 21/28 | €1,773 | €2,949 | +€1,176 | +66.3% |
| Tangible fixed assets | 22/27 | €1,398 | €2,574 | +€1,176 | +84.1% |
| Plant, machinery and equipment | 23 | €1,398 | €2,574 | +€1,176 | +84.1% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €33,724 | €56,649 | +€22,925 | +68.0% |
| Amounts receivable within one year | 40/41 | €21,554 | €18,162 | -€3,392 | -15.7% |
| Trade receivables | 40 | €19,360 | €18,150 | -€1,210 | -6.3% |
| Other amounts receivable | 41 | €2,194 | €12 | -€2,182 | -99.5% |
| Cash at bank and in hand | 54/58 | €12,170 | €37,400 | +€25,229 | +207% |
| Deferred charges and accrued income | 490/1 | - | €1,087 | +€1,087 | |
| Total equity and liabilities | 10/49 | €36,737 | €59,598 | +€22,861 | +62.2% |
| Equity | 10/15 | €19,301 | €37,751 | +€18,450 | +95.6% |
| Contributions | 10/11 | €480 | €480 | = | 0.0% |
| Reserves | 13 | €18,821 | €37,271 | +€18,450 | +98.0% |
| Distributable reserves | 133 | €18,821 | €37,271 | +€18,450 | +98.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,436 | €21,846 | +€4,411 | +25.3% |
| Amounts payable within one year | 42/48 | €17,031 | €21,846 | +€4,815 | +28.3% |
| Trade debts | 44 | €3,277 | €3,637 | +€360 | +11.0% |
| Suppliers | 440/4 | €3,277 | €3,637 | +€360 | +11.0% |
| Taxes, remuneration and social security | 45 | €13,171 | €17,396 | +€4,225 | +32.1% |
| Taxes | 450/3 | €13,171 | €17,396 | +€4,225 | +32.1% |
| Other amounts payable | 47/48 | €583 | €814 | +€231 | +39.6% |
| Accrued charges and deferred income | 492/3 | €405 | €0 | -€405 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,069 | €1,988 | +€919 | +86.0% |
| Other operating charges | 640/8 | - | €1,823 | +€1,823 | |
| Gross operating margin | 9900 | €26,403 | €31,804 | +€5,401 | +20.5% |
| Operating profit (loss) | 9901 | €25,334 | €27,992 | +€2,659 | +10.5% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €24 | €147 | +€124 | +526% |
| Recurring financial charges | 65 | €24 | €147 | +€124 | +526% |
| Profit (loss) for the period before taxes | 9903 | €25,310 | €27,857 | +€2,547 | +10.1% |
| Income taxes | 67/77 | €5,656 | €8,574 | +€2,917 | +51.6% |
| Profit (loss) for the period | 9904 | €19,654 | €19,283 | -€371 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,654 | €19,283 | -€371 | -1.9% |
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 17 October 2026 via checked.be.