PdN Consult Ltd.: 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.
PdN Consult Ltd.
Largest movements
- Receivables within one year +€139,470
up €139,470 (+33.6%), from €415,510 to €554,980
of which Other amounts receivable: +€83,778
- Cash +€7,437
up €7,437 (+40.3%), from €18,436 to €25,873
mainly Net result for the year (+€56,543) and Trade debts (+€34,189)
- Reserves +€45,926
up €45,926 (+35.5%), from €129,444 to €175,369
of which Distributable reserves: +€45,926
- Trade debts +€34,189
up €34,189 (+31.4%), from €108,755 to €142,944
- Advances received +€31,375
new in 2025: €31,375
- Tax, wage and social debts +€30,739
up €30,739 (+72.8%), from €42,203 to €72,942
- Profit (loss) carried forward +€10,618
no longer reported in 2025 (was -€10,618)
- Taxes +€27,549
up €27,549 (+6,322%), from €436 to €27,984
- Gross operating margin -€19,316
down €19,316 (-20.6%), from €93,739 to €74,423
- Financial income +€6,475
up €6,475 (+51.9%), from €12,482 to €18,957
- Depreciation +€2,555
up €2,555 (+257%), from €994 to €3,549
- Financial charges +€1,014
up €1,014 (+217%), from €467 to €1,481
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 | €436,398 | €589,130 | +€152,732 | +35.0% |
| Fixed assets | 21/28 | €2,453 | €6,765 | +€4,312 | +176% |
| Tangible fixed assets | 22/27 | €2,453 | €6,765 | +€4,312 | +176% |
| Plant, machinery and equipment | 23 | - | €4,487 | +€4,487 | |
| Furniture and vehicles | 24 | €2,453 | €2,278 | -€174 | -7.1% |
| Current assets | 29/58 | €433,946 | €582,365 | +€148,420 | +34.2% |
| Amounts receivable within one year | 40/41 | €415,510 | €554,980 | +€139,470 | +33.6% |
| Trade receivables | 40 | €135,797 | €191,490 | +€55,693 | +41.0% |
| Other amounts receivable | 41 | €279,712 | €363,490 | +€83,778 | +30.0% |
| Cash at bank and in hand | 54/58 | €18,436 | €25,873 | +€7,437 | +40.3% |
| Deferred charges and accrued income | 490/1 | - | €1,512 | +€1,512 | |
| Total equity and liabilities | 10/49 | €436,398 | €589,130 | +€152,732 | +35.0% |
| Equity | 10/15 | €121,326 | €177,869 | +€56,543 | +46.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €129,444 | €175,369 | +€45,926 | +35.5% |
| Non-distributable reserves | 130/1 | €75 | €75 | = | 0.0% |
| Reserves not available under the articles | 1311 | €75 | €75 | = | 0.0% |
| Distributable reserves | 133 | €129,368 | €175,294 | +€45,926 | +35.5% |
| Profit (loss) carried forward | 14 | -€10,618 | - | +€10,618 | |
| Provisions and deferred taxes | 16 | €50,000 | €50,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €50,000 | €50,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €265,072 | €361,261 | +€96,188 | +36.3% |
| Amounts payable within one year | 42/48 | €265,072 | €361,261 | +€96,188 | +36.3% |
| Financial debts | 43 | €114 | - | -€114 | |
| Credit institutions | 430/8 | €114 | - | -€114 | |
| Trade debts | 44 | €108,755 | €142,944 | +€34,189 | +31.4% |
| Suppliers | 440/4 | €108,755 | €142,944 | +€34,189 | +31.4% |
| Advances received on contracts in progress | 46 | - | €31,375 | +€31,375 | |
| Taxes, remuneration and social security | 45 | €42,203 | €72,942 | +€30,739 | +72.8% |
| Taxes | 450/3 | €42,203 | €72,942 | +€30,739 | +72.8% |
| Other amounts payable | 47/48 | €114,000 | €114,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €994 | €3,549 | +€2,555 | +257% |
| Other operating charges | 640/8 | €942 | €890 | -€52 | -5.5% |
| Non-recurring operating charges | 66A | - | €2,932 | +€2,932 | |
| Gross operating margin | 9900 | €93,739 | €74,423 | -€19,316 | -20.6% |
| Operating profit (loss) | 9901 | €91,803 | €67,052 | -€24,752 | -27.0% |
| Financial income | 75/76B | €12,482 | €18,957 | +€6,475 | +51.9% |
| Recurring financial income | 75 | €12,482 | €18,957 | +€6,475 | +51.9% |
| Financial charges | 65/66B | €467 | €1,481 | +€1,014 | +217% |
| Recurring financial charges | 65 | €467 | €1,481 | +€1,014 | +217% |
| Profit (loss) for the period before taxes | 9903 | €103,818 | €84,528 | -€19,290 | -18.6% |
| Income taxes | 67/77 | €436 | €27,984 | +€27,549 | +6,322% |
| Profit (loss) for the period | 9904 | €103,382 | €56,543 | -€46,839 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €103,382 | €56,543 | -€46,839 | -45.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.