PBU Partners Holding: 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.
PBU Partners Holding
Largest movements
- Tangible fixed assets +€1,954
new in 2025: €1,954
- Receivables within one year -€1,751
down €1,751 (-17.5%), from €10,000 to €8,249
of which Other amounts receivable: -€7,804
- Intangible fixed assets +€1,416
new in 2025: €1,416
- Deferred charges and accrued income +€1,299
new in 2025: €1,299
- Profit (loss) carried forward -€4,385
down €4,385 (-111%), from -€3,940 to -€8,325
- Trade debts +€2,652
up €2,652 (+67.3%), from €3,940 to €6,592
- Debts after one year +€2,043
new in 2025: €2,043
- Current portion of long-term debt +€1,650
new in 2025: €1,650
- Other debts +€1,023
new in 2025: €1,023
- Gross operating margin +€2,583
up €2,583 (+65.6%), from -€3,940 to -€1,357
- Financial charges +€1,719
new in 2025: €1,719
- Depreciation +€1,301
new in 2025: €1,301
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 | €10,000 | €12,983 | +€2,983 | +29.8% |
| Fixed assets | 21/28 | - | €3,369 | +€3,369 | |
| Intangible fixed assets | 21 | - | €1,416 | +€1,416 | |
| Tangible fixed assets | 22/27 | - | €1,954 | +€1,954 | |
| Furniture and vehicles | 24 | - | €1,954 | +€1,954 | |
| Current assets | 29/58 | €10,000 | €9,613 | -€387 | -3.9% |
| Amounts receivable within one year | 40/41 | €10,000 | €8,249 | -€1,751 | -17.5% |
| Trade receivables | 40 | - | €6,053 | +€6,053 | |
| Other amounts receivable | 41 | €10,000 | €2,196 | -€7,804 | -78.0% |
| Cash at bank and in hand | 54/58 | - | €65 | +€65 | |
| Deferred charges and accrued income | 490/1 | - | €1,299 | +€1,299 | |
| Total equity and liabilities | 10/49 | €10,000 | €12,983 | +€2,983 | +29.8% |
| Equity | 10/15 | €6,060 | €1,675 | -€4,385 | -72.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,940 | -€8,325 | -€4,385 | -111% |
| Amounts payable | 17/49 | €3,940 | €11,308 | +€7,368 | +187% |
| Amounts payable after more than one year | 17 | - | €2,043 | +€2,043 | |
| Financial debts | 170/4 | - | €2,043 | +€2,043 | |
| Amounts payable within one year | 42/48 | €3,940 | €9,265 | +€5,325 | +135% |
| Current portion of amounts payable after more than one year | 42 | - | €1,650 | +€1,650 | |
| Trade debts | 44 | €3,940 | €6,592 | +€2,652 | +67.3% |
| Suppliers | 440/4 | €3,940 | €6,592 | +€2,652 | +67.3% |
| Other amounts payable | 47/48 | - | €1,023 | +€1,023 | |
| Non-recurring operating income | 76A | - | €1,175 | +€1,175 | |
| Remuneration, social security and pensions | 62 | - | €7 | +€7 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,301 | +€1,301 | |
| Gross operating margin | 9900 | -€3,940 | -€1,357 | +€2,583 | +65.6% |
| Operating profit (loss) | 9901 | -€3,940 | -€2,666 | +€1,274 | +32.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €1,719 | +€1,719 | |
| Recurring financial charges | 65 | - | €1,719 | +€1,719 | |
| Profit (loss) for the period before taxes | 9903 | -€3,940 | -€4,385 | -€445 | -11.3% |
| Profit (loss) for the period | 9904 | -€3,940 | -€4,385 | -€445 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,940 | -€4,385 | -€445 | -11.3% |
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 26 October 2026 via checked.be.