PCI: 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.
PCI
Largest movements
- Receivables within one year +€18,656
up €18,656 (+97.7%), from €19,102 to €37,758
of which Trade receivables: +€15,055
- Tangible fixed assets -€9,314
down €9,314 (-29.8%), from €31,240 to €21,925
- Cash -€5,232
down €5,232 (-3.7%), from €141,656 to €136,423
mainly Receivables within one year (-€18,656) and Other debts (-€2,000)
- Reserves +€8,000
up €8,000 (+15.4%), from €52,101 to €60,101
of which Distributable reserves: +€8,000
- Other debts -€2,000
down €2,000 (-40.0%), from €5,000 to €3,000
- Taxes +€832
up €832 (+16.3%), from €5,090 to €5,921
- Gross operating margin -€620
down €620 (-2.3%), from €27,235 to €26,615
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 | €191,997 | €196,106 | +€4,109 | +2.1% |
| Fixed assets | 21/28 | €31,240 | €21,925 | -€9,314 | -29.8% |
| Tangible fixed assets | 22/27 | €31,240 | €21,925 | -€9,314 | -29.8% |
| Land and buildings | 22 | €12,256 | €8,912 | -€3,344 | -27.3% |
| Plant, machinery and equipment | 23 | €1,964 | €578 | -€1,386 | -70.6% |
| Furniture and vehicles | 24 | €17,019 | €12,435 | -€4,584 | -26.9% |
| Current assets | 29/58 | €160,757 | €174,181 | +€13,423 | +8.4% |
| Amounts receivable within one year | 40/41 | €19,102 | €37,758 | +€18,656 | +97.7% |
| Trade receivables | 40 | €15,896 | €30,951 | +€15,055 | +94.7% |
| Other amounts receivable | 41 | €3,206 | €6,806 | +€3,601 | +112.3% |
| Cash at bank and in hand | 54/58 | €141,656 | €136,423 | -€5,232 | -3.7% |
| Total equity and liabilities | 10/49 | €191,997 | €196,106 | +€4,109 | +2.1% |
| Equity | 10/15 | €179,995 | €188,460 | +€8,466 | +4.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €52,101 | €60,101 | +€8,000 | +15.4% |
| Tax-exempt reserves | 132 | €426 | €426 | = | 0.0% |
| Distributable reserves | 133 | €51,675 | €59,675 | +€8,000 | +15.5% |
| Profit (loss) carried forward | 14 | €107,434 | €107,900 | +€466 | +0.4% |
| Amounts payable | 17/49 | €12,002 | €7,646 | -€4,357 | -36.3% |
| Amounts payable within one year | 42/48 | €12,002 | €7,646 | -€4,357 | -36.3% |
| Trade debts | 44 | €3,597 | €2,071 | -€1,527 | -42.4% |
| Suppliers | 440/4 | €3,597 | €2,071 | -€1,527 | -42.4% |
| Taxes, remuneration and social security | 45 | €3,405 | €2,575 | -€830 | -24.4% |
| Taxes | 450/3 | €3,405 | €2,575 | -€830 | -24.4% |
| Other amounts payable | 47/48 | €5,000 | €3,000 | -€2,000 | -40.0% |
| Non-recurring operating income | 76A | €8,385 | €229 | -€8,156 | -97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,296 | €9,314 | +€18 | +0.2% |
| Other operating charges | 640/8 | €810 | €850 | +€41 | +5.0% |
| Gross operating margin | 9900 | €27,235 | €26,615 | -€620 | -2.3% |
| Operating profit (loss) | 9901 | €17,130 | €16,451 | -€679 | -4.0% |
| Financial income | 75/76B | €439 | €515 | +€75 | +17.1% |
| Recurring financial income | 75 | €439 | €515 | +€75 | +17.1% |
| Financial charges | 65/66B | €2,754 | €2,578 | -€176 | -6.4% |
| Recurring financial charges | 65 | €2,754 | €2,578 | -€176 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €14,815 | €14,387 | -€428 | -2.9% |
| Income taxes | 67/77 | €5,090 | €5,921 | +€832 | +16.3% |
| Profit (loss) for the period | 9904 | €9,725 | €8,466 | -€1,260 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,725 | €8,466 | -€1,260 | -13.0% |
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 3 October 2026 via checked.be.