PDE Consult: 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.
PDE Consult
Largest movements
- Cash +€39,852
up €39,852 (+177.1%), from €22,507 to €62,359
mainly Net result for the year (+€63,719) and Depreciation (+€8,651)
- Tangible fixed assets -€8,651
down €8,651 (-23.3%), from €37,101 to €28,450
- Receivables within one year +€5,154
up €5,154 (+35.7%), from €14,420 to €19,574
of which Other amounts receivable: +€2,582
- Deferred charges and accrued income -€1,303
down €1,303 (-39.1%), from €3,335 to €2,032
- Profit (loss) carried forward +€62,860
new in 2025: €62,860
- Provisions -€19,193
no longer reported in 2025 (was €19,193)
- Other debts -€7,671
down €7,671 (-17.5%), from €43,795 to €36,124
- Gross operating margin +€44,169
up €44,169 (+101.5%), from €43,507 to €87,676
- Provisions -€38,385
down €38,385, from €19,193 to -€19,193
- Financial charges +€18,728
up €18,728 (+552.9%), from €3,388 to €22,116
- Taxes +€4,524
up €4,524 (+62.0%), from €7,294 to €11,818
- Depreciation +€2,496
up €2,496 (+40.6%), from €6,155 to €8,651
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 | €77,362 | €112,415 | +€35,053 | +45.3% |
| Fixed assets | 21/28 | €37,101 | €28,450 | -€8,651 | -23.3% |
| Tangible fixed assets | 22/27 | €37,101 | €28,450 | -€8,651 | -23.3% |
| Furniture and vehicles | 24 | €37,101 | €28,450 | -€8,651 | -23.3% |
| Current assets | 29/58 | €40,262 | €83,965 | +€43,704 | +108.5% |
| Amounts receivable within one year | 40/41 | €14,420 | €19,574 | +€5,154 | +35.7% |
| Trade receivables | 40 | €11,314 | €13,886 | +€2,572 | +22.7% |
| Other amounts receivable | 41 | €3,106 | €5,688 | +€2,582 | +83.1% |
| Cash at bank and in hand | 54/58 | €22,507 | €62,359 | +€39,852 | +177.1% |
| Deferred charges and accrued income | 490/1 | €3,335 | €2,032 | -€1,303 | -39.1% |
| Total equity and liabilities | 10/49 | €77,362 | €112,415 | +€35,053 | +45.3% |
| Equity | 10/15 | €8,710 | €71,570 | +€62,860 | +721.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,710 | €5,710 | = | 0.0% |
| Distributable reserves | 133 | €5,710 | €5,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €62,860 | +€62,860 | |
| Provisions and deferred taxes | 16 | €19,193 | - | -€19,193 | |
| Provisions for liabilities and charges | 160/5 | €19,193 | - | -€19,193 | |
| Other liabilities and charges | 164/5 | €19,193 | - | -€19,193 | |
| Amounts payable | 17/49 | €49,460 | €40,845 | -€8,615 | -17.4% |
| Amounts payable within one year | 42/48 | €49,460 | €40,845 | -€8,615 | -17.4% |
| Trade debts | 44 | €2,129 | €1,256 | -€873 | -41.0% |
| Suppliers | 440/4 | €2,129 | €1,256 | -€873 | -41.0% |
| Taxes, remuneration and social security | 45 | €3,536 | €3,466 | -€70 | -2.0% |
| Taxes | 450/3 | €2,136 | €2,066 | -€70 | -3.3% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €43,795 | €36,124 | -€7,671 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,155 | €8,651 | +€2,496 | +40.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €19,193 | -€19,193 | -€38,385 | |
| Other operating charges | 640/8 | €910 | €568 | -€342 | -37.6% |
| Gross operating margin | 9900 | €43,507 | €87,676 | +€44,169 | +101.5% |
| Operating profit (loss) | 9901 | €17,250 | €97,650 | +€80,400 | +466.1% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €3,388 | €22,116 | +€18,728 | +552.9% |
| Recurring financial charges | 65 | €3,388 | €22,116 | +€18,728 | +552.9% |
| Profit (loss) for the period before taxes | 9903 | €13,862 | €75,537 | +€61,674 | +444.9% |
| Income taxes | 67/77 | €7,294 | €11,818 | +€4,524 | +62.0% |
| Profit (loss) for the period | 9904 | €6,569 | €63,719 | +€57,150 | +870.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,569 | €63,719 | +€57,150 | +870.0% |
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 5 October 2026 via checked.be.