PDH Construct: 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.
PDH Construct
Largest movements
- Receivables within one year +€43,429
up €43,429 (+1374.8%), from €3,159 to €46,588
of which Trade receivables: +€46,588
- Cash -€3,181
down €3,181 (-53.8%), from €5,914 to €2,733
mainly Receivables within one year (-€43,429) and Debts after one year (-€20,897)
- Profit (loss) carried forward +€29,799
up €29,799, from -€23,804 to €5,995
- Trade debts +€25,051
new in 2024: €25,051
- Debts after one year -€20,897
down €20,897 (-80.7%), from €25,879 to €4,982
of which Trade debts: -€14,741
- Tax, wage and social debts +€4,816
new in 2024: €4,816
- Reserves +€1,479
up €1,479 (+185.3%), from €798 to €2,277
- Gross operating margin +€42,093
up €42,093, from -€3,857 to €38,236
- Turnover +€28,053
up €28,053 (+127.8%), from €21,947 to €50,000
- Purchases and services -€14,040
down €14,040 (-54.4%), from €25,804 to €11,764
- Taxes +€4,816
new in 2024: €4,816
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,073 | €49,321 | +€40,248 | +443.6% |
| Current assets | 29/58 | €9,073 | €49,321 | +€40,248 | +443.6% |
| Amounts receivable within one year | 40/41 | €3,159 | €46,588 | +€43,429 | +1374.8% |
| Trade receivables | 40 | - | €46,588 | +€46,588 | |
| Other amounts receivable | 41 | €3,159 | - | -€3,159 | |
| Cash at bank and in hand | 54/58 | €5,914 | €2,733 | -€3,181 | -53.8% |
| Total equity and liabilities | 10/49 | €9,073 | €49,321 | +€40,248 | +443.6% |
| Equity | 10/15 | -€16,806 | €14,472 | +€31,278 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €798 | €2,277 | +€1,479 | +185.3% |
| Non-distributable reserves | 130/1 | €798 | €2,277 | +€1,479 | +185.3% |
| Other | 1319 | €798 | €2,277 | +€1,479 | +185.3% |
| Profit (loss) carried forward | 14 | -€23,804 | €5,995 | +€29,799 | |
| Amounts payable | 17/49 | €25,879 | €34,849 | +€8,970 | +34.7% |
| Amounts payable after more than one year | 17 | €25,879 | €4,982 | -€20,897 | -80.7% |
| Trade debts | 175 | €14,741 | - | -€14,741 | |
| Advances received on contracts in progress | 176 | €11,138 | - | -€11,138 | |
| Other amounts payable | 178/9 | - | €4,982 | +€4,982 | |
| Amounts payable within one year | 42/48 | - | €29,867 | +€29,867 | |
| Trade debts | 44 | - | €25,051 | +€25,051 | |
| Suppliers | 440/4 | - | €25,051 | +€25,051 | |
| Taxes, remuneration and social security | 45 | - | €4,816 | +€4,816 | |
| Taxes | 450/3 | - | €4,816 | +€4,816 | |
| Turnover | 70 | €21,947 | €50,000 | +€28,053 | +127.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €25,804 | €11,764 | -€14,040 | -54.4% |
| Remuneration, social security and pensions | 62 | - | €479 | +€479 | |
| Other operating charges | 640/8 | €109 | €118 | +€9 | +8.3% |
| Gross operating margin | 9900 | -€3,857 | €38,236 | +€42,093 | |
| Operating profit (loss) | 9901 | -€3,966 | €37,639 | +€41,605 | |
| Financial charges | 65/66B | - | €66 | +€66 | |
| Recurring financial charges | 65 | - | €66 | +€66 | |
| Profit (loss) for the period before taxes | 9903 | -€3,966 | €37,573 | +€41,539 | |
| Income taxes | 67/77 | - | €4,816 | +€4,816 | |
| Profit (loss) for the period | 9904 | -€3,966 | €32,757 | +€36,723 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,966 | €32,757 | +€36,723 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.