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PCPI: 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.

What changed

PCPI

BE 0457.651.839
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,092
2024 · €3,665-€1,573
Equity
-
not filed
Cash
€2,955
2024 · €2,957-€2
Balance sheet total
€268,056
2024 · €240,865+€27,191

Largest movements

2024 to 2025
Assets
  • Current investments +€27,193

    up €27,193 (+11.7%), from €231,890 to €259,083

Equity and liabilities
  • Other debts +€27,187

    up €27,187 (+11.3%), from €240,780 to €267,967

Income statement
  • Financial income -€1,249

    down €1,249 (-21.8%), from €5,718 to €4,469

    of which Financial income: -€1,249

  • Financial charges +€552

    up €552 (+139.4%), from €396 to €948

    of which Financial charges: +€552

  • Taxes -€232

    down €232 (-14.8%), from €1,572 to €1,340

  • Gross operating margin -€4

    down €4 (-4.7%), from -€85 to -€89

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €3,665
Gross operating margin -€4
Financial income -€1,249
Financial charges -€552
Taxes +€232
Result 2025 €2,092

Cash bridge derived

cash 2024 to 2025

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.

From operations +€29,283
Investment -€27,193
Financing -€2,092
Cash 2024 €2,957
Net result for the year +€2,092
Trade debts +€4
Other debts +€27,187
Current investments -€27,193
Contributions, distributions and other -€2,092
Cash 2025 €2,955
Every line side by side 25 lines
Line Code 2024 2025 Change %
Total assets 20/58 €240,865 €268,056 +€27,191 +11.3%
Fixed assets 21/28 €6,018 €6,018 = 0.0%
Tangible fixed assets 22/27 €6,018 €6,018 = 0.0%
Assets under construction and advance payments 27 €6,018 €6,018 = 0.0%
Current assets 29/58 €234,847 €262,038 +€27,191 +11.6%
Current investments 50/53 €231,890 €259,083 +€27,193 +11.7%
Cash at bank and in hand 54/58 €2,957 €2,955 -€2 -0.1%
Total equity and liabilities 10/49 €240,865 €268,056 +€27,191 +11.3%
Amounts payable 17/49 €240,865 €268,056 +€27,191 +11.3%
Amounts payable within one year 42/48 €240,865 €268,056 +€27,191 +11.3%
Trade debts 44 €85 €89 +€4 +4.7%
Suppliers 440/4 €85 €89 +€4 +4.7%
Other amounts payable 47/48 €240,780 €267,967 +€27,187 +11.3%
Gross operating margin 9900 -€85 -€89 -€4 -4.7%
Operating profit (loss) 9901 -€85 -€89 -€4 -4.7%
Financial income 75/76B €5,718 €4,469 -€1,249 -21.8%
Recurring financial income 75 €5,718 €4,469 -€1,249 -21.8%
Non-recurring financial income 76B €5,718 €4,469 -€1,249 -21.8%
Financial charges 65/66B €396 €948 +€552 +139.4%
Recurring financial charges 65 €396 €948 +€552 +139.4%
Non-recurring financial charges 66B €396 €948 +€552 +139.4%
Profit (loss) for the period before taxes 9903 €5,237 €3,432 -€1,805 -34.5%
Income taxes 67/77 €1,572 €1,340 -€232 -14.8%
Profit (loss) for the period 9904 €3,665 €2,092 -€1,573 -42.9%
Profit (loss) for the period to be appropriated 9905 €3,665 €2,092 -€1,573 -42.9%

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 30 September 2026 via checked.be.