PCLA: 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.
PCLA
Largest movements
- Tangible fixed assets -€32,546
down €32,546 (-12.8%), from €255,202 to €222,656
of which Land and buildings: -€27,210
- Debts after one year -€38,330
down €38,330 (-79.3%), from €48,332 to €10,002
- Other debts +€21,747
up €21,747 (+23.6%), from €92,143 to €113,890
- Profit (loss) carried forward -€12,238
down €12,238 (-50.6%), from -€24,199 to -€36,437
- Current portion of long-term debt -€5,019
down €5,019 (-11.6%), from €43,349 to €38,330
- Gross operating margin +€14,167
up €14,167 (+116%), from €12,193 to €26,360
- Financial charges -€2,644
down €2,644 (-32.5%), from €8,143 to €5,499
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 | €256,975 | €224,429 | -€32,546 | -12.7% |
| Fixed assets | 21/28 | €255,202 | €222,656 | -€32,546 | -12.8% |
| Tangible fixed assets | 22/27 | €255,202 | €222,656 | -€32,546 | -12.8% |
| Land and buildings | 22 | €202,894 | €175,683 | -€27,210 | -13.4% |
| Plant, machinery and equipment | 23 | €52,308 | €46,972 | -€5,336 | -10.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €1,773 | €1,774 | +€1 | 0.0% |
| Amounts receivable within one year | 40/41 | €773 | €773 | = | 0.0% |
| Trade receivables | 40 | €773 | €773 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,000 | €1,000 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €256,975 | €224,429 | -€32,546 | -12.7% |
| Equity | 10/15 | €59,127 | €46,889 | -€12,238 | -20.7% |
| Contributions | 10/11 | €83,071 | €83,071 | = | 0.0% |
| Capital | 10 | €83,071 | €83,071 | = | 0.0% |
| Issued capital | 100 | €83,071 | €83,071 | = | 0.0% |
| Reserves | 13 | €255 | €255 | = | 0.0% |
| Non-distributable reserves | 130/1 | €255 | €255 | = | 0.0% |
| Legal reserve | 130 | €255 | €255 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,199 | -€36,437 | -€12,238 | -50.6% |
| Amounts payable | 17/49 | €197,848 | €177,540 | -€20,308 | -10.3% |
| Amounts payable after more than one year | 17 | €48,332 | €10,002 | -€38,330 | -79.3% |
| Financial debts | 170/4 | €48,332 | €10,002 | -€38,330 | -79.3% |
| Amounts payable within one year | 42/48 | €149,336 | €167,538 | +€18,202 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €43,349 | €38,330 | -€5,019 | -11.6% |
| Trade debts | 44 | €13,845 | €15,318 | +€1,474 | +10.6% |
| Suppliers | 440/4 | €13,845 | €15,318 | +€1,474 | +10.6% |
| Other amounts payable | 47/48 | €92,143 | €113,890 | +€21,747 | +23.6% |
| Accrued charges and deferred income | 492/3 | €180 | - | -€180 | |
| Non-recurring operating income | 76A | €1,583 | €7,742 | +€6,159 | +389% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,546 | €32,546 | +€0 | 0.0% |
| Other operating charges | 640/8 | €538 | €551 | +€14 | +2.5% |
| Gross operating margin | 9900 | €12,193 | €26,360 | +€14,167 | +116% |
| Operating profit (loss) | 9901 | -€20,892 | -€6,738 | +€14,153 | +67.7% |
| Financial charges | 65/66B | €8,143 | €5,499 | -€2,644 | -32.5% |
| Recurring financial charges | 65 | €8,143 | €5,499 | -€2,644 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | -€29,035 | -€12,238 | +€16,797 | +57.9% |
| Profit (loss) for the period | 9904 | -€29,035 | -€12,238 | +€16,797 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,035 | -€12,238 | +€16,797 | +57.9% |
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 13 October 2026 via checked.be.