PDC Advies: 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.
PDC Advies
Largest movements
- Cash -€45,196
down €45,196 (-98.8%), from €45,742 to €546
mainly Contributions, distributions and other (-€98,610) and Current investments (-€42,613)
- Current investments +€42,613
new in 2025: €42,613
- Tangible fixed assets -€18,313
down €18,313 (-30.5%), from €59,948 to €41,635
of which Furniture and vehicles: -€16,336
- Reserves +€26,990
new in 2025: €26,990
- Contributions -€18,600
down €18,600 (-100%), from €18,600 to €0
- Debts after one year -€18,000
down €18,000 (-100%), from €18,000 to €0
- Current portion of long-term debt -€12,000
down €12,000 (-100%), from €12,000 to €0
- Tax, wage and social debts -€5,465
down €5,465 (-24.3%), from €22,481 to €17,016
- Gross operating margin -€13,371
down €13,371 (-7.2%), from €185,827 to €172,456
- Write-downs -€12,035
down €12,035, from €10,348 to -€1,686
- Taxes +€7,553
up €7,553 (+18.9%), from €40,000 to €47,553
- Financial charges -€5,953
down €5,953 (-98.9%), from €6,020 to €67
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,643 | €97,819 | -€20,824 | -17.6% |
| Fixed assets | 21/28 | €62,033 | €42,983 | -€19,050 | -30.7% |
| Intangible fixed assets | 21 | €2,085 | €1,349 | -€737 | -35.3% |
| Tangible fixed assets | 22/27 | €59,948 | €41,635 | -€18,313 | -30.5% |
| Plant, machinery and equipment | 23 | €4,086 | €2,441 | -€1,646 | -40.3% |
| Furniture and vehicles | 24 | €55,530 | €39,194 | -€16,336 | -29.4% |
| Other tangible fixed assets | 26 | €332 | €0 | -€332 | -100% |
| Current assets | 29/58 | €56,610 | €54,836 | -€1,774 | -3.1% |
| Amounts receivable within one year | 40/41 | €8,330 | €8,994 | +€664 | +8.0% |
| Trade receivables | 40 | €3,626 | €4,279 | +€653 | +18.0% |
| Other amounts receivable | 41 | €4,704 | €4,715 | +€11 | +0.2% |
| Current investments | 50/53 | - | €42,613 | +€42,613 | |
| Cash at bank and in hand | 54/58 | €45,742 | €546 | -€45,196 | -98.8% |
| Deferred charges and accrued income | 490/1 | €2,538 | €2,683 | +€145 | +5.7% |
| Total equity and liabilities | 10/49 | €118,643 | €97,819 | -€20,824 | -17.6% |
| Equity | 10/15 | €18,610 | €26,990 | +€8,381 | +45.0% |
| Contributions | 10/11 | €18,600 | €0 | -€18,600 | -100% |
| Reserves | 13 | - | €26,990 | +€26,990 | |
| Distributable reserves | 133 | - | €26,990 | +€26,990 | |
| Profit (loss) carried forward | 14 | €10 | €0 | -€10 | -100% |
| Amounts payable | 17/49 | €100,033 | €70,829 | -€29,204 | -29.2% |
| Amounts payable after more than one year | 17 | €18,000 | €0 | -€18,000 | -100% |
| Financial debts | 170/4 | €18,000 | €0 | -€18,000 | -100% |
| Amounts payable within one year | 42/48 | €78,450 | €70,305 | -€8,144 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €0 | -€12,000 | -100% |
| Trade debts | 44 | €326 | €4,892 | +€4,566 | +1,401% |
| Suppliers | 440/4 | €326 | €4,892 | +€4,566 | +1,401% |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €22,481 | €17,016 | -€5,465 | -24.3% |
| Taxes | 450/3 | €22,481 | €17,016 | -€5,465 | -24.3% |
| Other amounts payable | 47/48 | €43,643 | €43,397 | -€245 | -0.6% |
| Accrued charges and deferred income | 492/3 | €3,583 | €523 | -€3,060 | -85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,696 | €19,050 | -€646 | -3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,348 | -€1,686 | -€12,035 | |
| Other operating charges | 640/8 | €2,214 | €2,008 | -€206 | -9.3% |
| Gross operating margin | 9900 | €185,827 | €172,456 | -€13,371 | -7.2% |
| Operating profit (loss) | 9901 | €153,569 | €153,085 | -€485 | -0.3% |
| Financial income | 75/76B | €633 | €1,526 | +€893 | +141% |
| Recurring financial income | 75 | €633 | €1,526 | +€893 | +141% |
| Financial charges | 65/66B | €6,020 | €67 | -€5,953 | -98.9% |
| Recurring financial charges | 65 | €6,020 | €67 | -€5,953 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | €148,182 | €154,544 | +€6,361 | +4.3% |
| Income taxes | 67/77 | €40,000 | €47,553 | +€7,553 | +18.9% |
| Profit (loss) for the period | 9904 | €108,182 | €106,990 | -€1,192 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €108,182 | €106,990 | -€1,192 | -1.1% |
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 28 October 2026 via checked.be.