PCgyn: what changed
Two fiscal 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.
PCgyn
Largest movements
- Cash +€54,584
up €54,584 (+180.8%), from €30,185 to €84,769
mainly Net result for the year (+€98,073) and Depreciation (+€18,143)
- Deferred charges and accrued income +€14,361
up €14,361 (+41.0%), from €35,003 to €49,363
- Intangible fixed assets -€12,143
down €12,143 (-15.5%), from €78,464 to €66,321
- Current investments +€12,000
new in 2025: €12,000
- Tangible fixed assets -€6,000
down €6,000 (-40.6%), from €14,770 to €8,770
- Profit (loss) carried forward +€98,073
new in 2025: €98,073
- Tax, wage and social debts -€13,684
down €13,684 (-29.3%), from €46,722 to €33,038
of which Taxes: -€13,684
- Other debts -€8,832
down €8,832 (-100.0%), from €8,832 to €0
- Trade debts -€7,534
down €7,534 (-67.9%), from €11,094 to €3,560
- Debts after one year -€3,885
down €3,885 (-25.3%), from €15,342 to €11,457
- Taxes -€13,623
down €13,623 (-32.7%), from €41,661 to €28,038
- Depreciation +€8,377
up €8,377 (+85.8%), from €9,765 to €18,143
- Gross operating margin -€7,709
down €7,709 (-5.0%), from €153,949 to €146,239
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 | €189,813 | €254,092 | +€64,280 | +33.9% |
| Fixed assets | 21/28 | €104,873 | €86,730 | -€18,143 | -17.3% |
| Intangible fixed assets | 21 | €78,464 | €66,321 | -€12,143 | -15.5% |
| Tangible fixed assets | 22/27 | €14,770 | €8,770 | -€6,000 | -40.6% |
| Furniture and vehicles | 24 | €14,770 | €8,770 | -€6,000 | -40.6% |
| Financial fixed assets | 28 | €11,638 | €11,638 | = | 0.0% |
| Current assets | 29/58 | €84,940 | €167,362 | +€82,423 | +97.0% |
| Amounts receivable after more than one year | 29 | €18,750 | €18,750 | = | 0.0% |
| Other amounts receivable | 291 | €18,750 | €18,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,002 | €2,481 | +€1,479 | +147.6% |
| Trade receivables | 40 | €1,002 | €0 | -€1,002 | -100.0% |
| Other amounts receivable | 41 | - | €2,481 | +€2,481 | |
| Current investments | 50/53 | - | €12,000 | +€12,000 | |
| Cash at bank and in hand | 54/58 | €30,185 | €84,769 | +€54,584 | +180.8% |
| Deferred charges and accrued income | 490/1 | €35,003 | €49,363 | +€14,361 | +41.0% |
| Total equity and liabilities | 10/49 | €189,813 | €254,092 | +€64,280 | +33.9% |
| Equity | 10/15 | €104,079 | €202,152 | +€98,073 | +94.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €101,079 | €101,079 | = | 0.0% |
| Distributable reserves | 133 | €101,079 | €101,079 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €98,073 | +€98,073 | |
| Amounts payable | 17/49 | €85,733 | €51,940 | -€33,793 | -39.4% |
| Amounts payable after more than one year | 17 | €15,342 | €11,457 | -€3,885 | -25.3% |
| Financial debts | 170/4 | €15,342 | €11,457 | -€3,885 | -25.3% |
| Amounts payable within one year | 42/48 | €70,391 | €40,483 | -€29,908 | -42.5% |
| Current portion of amounts payable after more than one year | 42 | €3,744 | €3,885 | +€141 | +3.8% |
| Trade debts | 44 | €11,094 | €3,560 | -€7,534 | -67.9% |
| Suppliers | 440/4 | €11,094 | €3,560 | -€7,534 | -67.9% |
| Taxes, remuneration and social security | 45 | €46,722 | €33,038 | -€13,684 | -29.3% |
| Taxes | 450/3 | €44,722 | €31,038 | -€13,684 | -30.6% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €8,832 | €0 | -€8,832 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,765 | €18,143 | +€8,377 | +85.8% |
| Other operating charges | 640/8 | €437 | €400 | -€38 | -8.6% |
| Gross operating margin | 9900 | €153,949 | €146,239 | -€7,709 | -5.0% |
| Operating profit (loss) | 9901 | €143,746 | €127,697 | -€16,049 | -11.2% |
| Financial income | 75/76B | - | €68 | +€68 | |
| Recurring financial income | 75 | - | €68 | +€68 | |
| Financial charges | 65/66B | €1,006 | €1,654 | +€647 | +64.3% |
| Recurring financial charges | 65 | €1,006 | €1,654 | +€647 | +64.3% |
| Profit (loss) for the period before taxes | 9903 | €142,740 | €126,111 | -€16,629 | -11.6% |
| Income taxes | 67/77 | €41,661 | €28,038 | -€13,623 | -32.7% |
| Profit (loss) for the period | 9904 | €101,079 | €98,073 | -€3,006 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €101,079 | €98,073 | -€3,006 | -3.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.