PBO CONSULTING: 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.
PBO CONSULTING
Largest movements
- Receivables within one year +€8,117
up €8,117 (+19.0%), from €42,619 to €50,736
of which Trade receivables: +€9,989
- Cash -€6,211
down €6,211 (-53.2%), from €11,681 to €5,470
mainly Tax, wage and social debts (-€10,679) and Receivables within one year (-€8,117)
- Tangible fixed assets -€4,670
down €4,670 (-100%), from €4,670 to €0
- Tax, wage and social debts -€10,679
down €10,679 (-40.6%), from €26,301 to €15,622
of which Remuneration and social security: -€10,641
- Profit (loss) carried forward +€8,330
up €8,330 (+42.3%), from €19,679 to €28,010
- Current portion of long-term debt -€4,641
down €4,641 (-100%), from €4,641 to €0
- Other debts +€2,779
up €2,779 (+40.3%), from €6,888 to €9,668
- Gross operating margin +€7,420
up €7,420 (+22.6%), from €32,819 to €40,239
- Depreciation -€5,698
down €5,698 (-55.0%), from €10,368 to €4,670
- Other operating charges -€1,231
down €1,231 (-63.0%), from €1,953 to €722
- Taxes +€848
up €848 (+663%), from €128 to €976
- Staff costs -€744
down €744 (-2.9%), from €25,972 to €25,228
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 | €61,602 | €58,504 | -€3,098 | -5.0% |
| Fixed assets | 21/28 | €4,670 | €0 | -€4,670 | -100% |
| Tangible fixed assets | 22/27 | €4,670 | €0 | -€4,670 | -100% |
| Furniture and vehicles | 24 | €4,670 | €0 | -€4,670 | -100% |
| Current assets | 29/58 | €56,932 | €58,504 | +€1,572 | +2.8% |
| Amounts receivable within one year | 40/41 | €42,619 | €50,736 | +€8,117 | +19.0% |
| Trade receivables | 40 | €40,747 | €50,736 | +€9,989 | +24.5% |
| Other amounts receivable | 41 | €1,872 | €0 | -€1,872 | -100% |
| Cash at bank and in hand | 54/58 | €11,681 | €5,470 | -€6,211 | -53.2% |
| Deferred charges and accrued income | 490/1 | €2,633 | €2,298 | -€335 | -12.7% |
| Total equity and liabilities | 10/49 | €61,602 | €58,504 | -€3,098 | -5.0% |
| Equity | 10/15 | €22,179 | €30,510 | +€8,330 | +37.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,679 | €28,010 | +€8,330 | +42.3% |
| Amounts payable | 17/49 | €39,423 | €27,994 | -€11,429 | -29.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €39,423 | €27,396 | -€12,027 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €4,641 | €0 | -€4,641 | -100% |
| Trade debts | 44 | €1,593 | €2,106 | +€513 | +32.2% |
| Suppliers | 440/4 | €1,593 | €2,106 | +€513 | +32.2% |
| Taxes, remuneration and social security | 45 | €26,301 | €15,622 | -€10,679 | -40.6% |
| Taxes | 450/3 | €8,051 | €8,013 | -€38 | -0.5% |
| Remuneration and social security | 454/9 | €18,249 | €7,608 | -€10,641 | -58.3% |
| Other amounts payable | 47/48 | €6,888 | €9,668 | +€2,779 | +40.3% |
| Accrued charges and deferred income | 492/3 | - | €599 | +€599 | |
| Remuneration, social security and pensions | 62 | €25,972 | €25,228 | -€744 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,368 | €4,670 | -€5,698 | -55.0% |
| Other operating charges | 640/8 | €1,953 | €722 | -€1,231 | -63.0% |
| Gross operating margin | 9900 | €32,819 | €40,239 | +€7,420 | +22.6% |
| Operating profit (loss) | 9901 | -€5,473 | €9,619 | +€15,093 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €268 | €313 | +€45 | +16.9% |
| Recurring financial charges | 65 | €268 | €313 | +€45 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,741 | €9,307 | +€15,048 | |
| Income taxes | 67/77 | €128 | €976 | +€848 | +663% |
| Profit (loss) for the period | 9904 | -€5,869 | €8,330 | +€14,200 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,869 | €8,330 | +€14,200 |
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 27 October 2026 via checked.be.