PCab: 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.
PCab
Largest movements
- Cash +€25,162
up €25,162 (+24.0%), from €104,659 to €129,821
mainly Net result for the year (+€71,953) and Other debts (+€50,000)
- Receivables within one year +€21,093
up €21,093 (+40.5%), from €52,034 to €73,126
of which Trade receivables: +€14,901
- Tangible fixed assets -€17,197
down €17,197 (-17.4%), from €98,924 to €81,726
of which Furniture and vehicles: -€13,835
- Other debts +€50,000
up €50,000 (+100.0%), from €50,000 to €100,000
- Reserves -€28,047
down €28,047 (-6.3%), from €443,595 to €415,547
- Tax, wage and social debts +€7,797
up €7,797 (+105.6%), from €7,385 to €15,182
of which Taxes: +€5,766
- Gross operating margin +€28,652
up €28,652 (+31.1%), from €92,027 to €120,679
- Taxes +€14,763
up €14,763 (+100.5%), from €14,696 to €29,459
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 | €520,444 | €549,309 | +€28,866 | +5.5% |
| Fixed assets | 21/28 | €360,871 | €343,674 | -€17,197 | -4.8% |
| Tangible fixed assets | 22/27 | €98,924 | €81,726 | -€17,197 | -17.4% |
| Land and buildings | 22 | €66,247 | €61,279 | -€4,968 | -7.5% |
| Plant, machinery and equipment | 23 | - | €1,605 | +€1,605 | |
| Furniture and vehicles | 24 | €32,677 | €18,842 | -€13,835 | -42.3% |
| Financial fixed assets | 28 | €261,948 | €261,948 | = | 0.0% |
| Current assets | 29/58 | €159,572 | €205,635 | +€46,063 | +28.9% |
| Amounts receivable within one year | 40/41 | €52,034 | €73,126 | +€21,093 | +40.5% |
| Trade receivables | 40 | €46,730 | €61,630 | +€14,901 | +31.9% |
| Other amounts receivable | 41 | €5,304 | €11,496 | +€6,192 | +116.7% |
| Cash at bank and in hand | 54/58 | €104,659 | €129,821 | +€25,162 | +24.0% |
| Deferred charges and accrued income | 490/1 | €2,879 | €2,688 | -€192 | -6.7% |
| Total equity and liabilities | 10/49 | €520,444 | €549,309 | +€28,866 | +5.5% |
| Equity | 10/15 | €462,145 | €434,097 | -€28,047 | -6.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €443,595 | €415,547 | -€28,047 | -6.3% |
| Distributable reserves | 133 | €443,595 | €415,547 | -€28,047 | -6.3% |
| Amounts payable | 17/49 | €58,299 | €115,212 | +€56,913 | +97.6% |
| Amounts payable within one year | 42/48 | €58,299 | €115,212 | +€56,913 | +97.6% |
| Financial debts | 43 | €832 | - | -€832 | |
| Other loans | 439 | €832 | - | -€832 | |
| Trade debts | 44 | €83 | €31 | -€52 | -63.0% |
| Suppliers | 440/4 | €83 | €31 | -€52 | -63.0% |
| Taxes, remuneration and social security | 45 | €7,385 | €15,182 | +€7,797 | +105.6% |
| Taxes | 450/3 | €6,948 | €12,715 | +€5,766 | +83.0% |
| Remuneration and social security | 454/9 | €436 | €2,467 | +€2,031 | +465.5% |
| Other amounts payable | 47/48 | €50,000 | €100,000 | +€50,000 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,881 | €18,966 | +€1,085 | +6.1% |
| Other operating charges | 640/8 | €1,513 | €527 | -€986 | -65.1% |
| Gross operating margin | 9900 | €92,027 | €120,679 | +€28,652 | +31.1% |
| Operating profit (loss) | 9901 | €72,632 | €101,186 | +€28,553 | +39.3% |
| Financial income | 75/76B | €0 | €262 | +€262 | +1308100.0% |
| Recurring financial income | 75 | €0 | €262 | +€262 | +1308100.0% |
| Financial charges | 65/66B | €52 | €36 | -€16 | -30.2% |
| Recurring financial charges | 65 | €52 | €36 | -€16 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €72,581 | €101,411 | +€28,830 | +39.7% |
| Income taxes | 67/77 | €14,696 | €29,459 | +€14,763 | +100.5% |
| Profit (loss) for the period | 9904 | €57,885 | €71,953 | +€14,068 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,885 | €71,953 | +€14,068 | +24.3% |
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 11 October 2026 via checked.be.