PBT Consultants: 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.
PBT Consultants
Largest movements
- Cash +€54,909
up €54,909 (+113%), from €48,694 to €103,603
mainly Net result for the year (+€105,207) and Tax, wage and social debts (+€28,787)
- Tangible fixed assets +€29,265
new in 2025: €29,265
of which Furniture and vehicles: +€27,954
- Receivables within one year -€4,440
down €4,440 (-6.1%), from €73,250 to €68,810
of which Trade receivables: -€32,218
- Reserves +€105,207
up €105,207 (+204%), from €51,571 to €156,778
- Trade debts -€49,419
down €49,419 (-100%), from €49,419 to €0
- Tax, wage and social debts +€28,787
up €28,787 (+220%), from €13,112 to €41,900
- Other debts -€4,842
down €4,842 (-100%), from €4,842 to €0
- Gross operating margin +€77,231
up €77,231 (+119%), from €65,005 to €142,236
- Taxes +€18,688
up €18,688 (+143%), from €13,112 to €31,801
- Depreciation +€4,500
new in 2025: €4,500
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 | €121,944 | €201,678 | +€79,733 | +65.4% |
| Fixed assets | 21/28 | - | €29,265 | +€29,265 | |
| Tangible fixed assets | 22/27 | - | €29,265 | +€29,265 | |
| Plant, machinery and equipment | 23 | - | €1,310 | +€1,310 | |
| Furniture and vehicles | 24 | - | €27,954 | +€27,954 | |
| Current assets | 29/58 | €121,944 | €172,413 | +€50,469 | +41.4% |
| Amounts receivable within one year | 40/41 | €73,250 | €68,810 | -€4,440 | -6.1% |
| Trade receivables | 40 | €73,250 | €41,032 | -€32,218 | -44.0% |
| Other amounts receivable | 41 | - | €27,779 | +€27,779 | |
| Cash at bank and in hand | 54/58 | €48,694 | €103,603 | +€54,909 | +113% |
| Total equity and liabilities | 10/49 | €121,944 | €201,678 | +€79,733 | +65.4% |
| Equity | 10/15 | €54,571 | €159,778 | +€105,207 | +193% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €51,571 | €156,778 | +€105,207 | +204% |
| Distributable reserves | 133 | €51,571 | €156,778 | +€105,207 | +204% |
| Amounts payable | 17/49 | €67,374 | €41,900 | -€25,474 | -37.8% |
| Amounts payable within one year | 42/48 | €67,374 | €41,900 | -€25,474 | -37.8% |
| Trade debts | 44 | €49,419 | €0 | -€49,419 | -100% |
| Suppliers | 440/4 | €49,419 | €0 | -€49,419 | -100% |
| Taxes, remuneration and social security | 45 | €13,112 | €41,900 | +€28,787 | +220% |
| Taxes | 450/3 | €13,112 | €41,900 | +€28,787 | +220% |
| Other amounts payable | 47/48 | €4,842 | €0 | -€4,842 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,500 | +€4,500 | |
| Other operating charges | 640/8 | €322 | €897 | +€575 | +179% |
| Gross operating margin | 9900 | €65,005 | €142,236 | +€77,231 | +119% |
| Operating profit (loss) | 9901 | €64,683 | €136,840 | +€72,156 | +112% |
| Financial income | 75/76B | - | €262 | +€262 | |
| Recurring financial income | 75 | - | €262 | +€262 | |
| Financial charges | 65/66B | €0 | €94 | +€93 | +62,313% |
| Recurring financial charges | 65 | €0 | €94 | +€93 | +62,313% |
| Profit (loss) for the period before taxes | 9903 | €64,683 | €137,008 | +€72,325 | +112% |
| Income taxes | 67/77 | €13,112 | €31,801 | +€18,688 | +143% |
| Profit (loss) for the period | 9904 | €51,571 | €105,207 | +€53,637 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €51,571 | €105,207 | +€53,637 | +104% |
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 21 October 2026 via checked.be.