PF Holding: 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.
PF Holding
Largest movements
- Financial fixed assets +€14.3m
up €14.3m (+13.8%), from €103.8m to €118.1m
- Contributions +€14.3m
up €14.3m (+13.8%), from €103.8m to €118.1m
No income-statement line moved by more than 1% of the activity.
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,796,175 | €118,114,114 | +€14.3m | +13.8% |
| Fixed assets | 21/28 | €103,778,675 | €118,096,175 | +€14.3m | +13.8% |
| Financial fixed assets | 28 | €103,778,675 | €118,096,175 | +€14.3m | +13.8% |
| Affiliated companies | 280/1 | €103,778,675 | €118,096,175 | +€14.3m | +13.8% |
| Participating interests | 280 | €103,778,675 | €118,096,175 | +€14.3m | +13.8% |
| Current assets | 29/58 | €17,500 | €17,939 | +€439 | +2.5% |
| Amounts receivable within one year | 40/41 | €17,500 | €17,939 | +€439 | +2.5% |
| Trade receivables | 40 | €17,500 | €16,500 | -€1,000 | -5.7% |
| Other amounts receivable | 41 | - | €1,439 | +€1,439 | |
| Total equity and liabilities | 10/49 | €103,796,175 | €118,114,114 | +€14.3m | +13.8% |
| Equity | 10/15 | €103,760,334 | €118,081,428 | +€14.3m | +13.8% |
| Contributions | 10/11 | €103,778,675 | €118,096,175 | +€14.3m | +13.8% |
| Profit (loss) carried forward | 14 | -€18,341 | -€14,747 | +€3,594 | +19.6% |
| Amounts payable | 17/49 | €35,841 | €32,687 | -€3,154 | -8.8% |
| Amounts payable within one year | 42/48 | €34,893 | €31,969 | -€2,924 | -8.4% |
| Financial debts | 43 | €2,205 | - | -€2,205 | |
| Other loans | 439 | €2,205 | - | -€2,205 | |
| Trade debts | 44 | €5,687 | €4,969 | -€718 | -12.6% |
| Suppliers | 440/4 | €5,687 | €4,969 | -€718 | -12.6% |
| Other amounts payable | 47/48 | €27,000 | €27,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €948 | €717 | -€231 | -24.4% |
| Operating income | 70/76A | €17,500 | €16,500 | -€1,000 | -5.7% |
| Other operating income | 74 | €17,500 | €16,500 | -€1,000 | -5.7% |
| Operating charges | 60/66A | €13,709 | €12,530 | -€1,179 | -8.6% |
| Services and other goods | 61 | €11,504 | €12,152 | +€648 | +5.6% |
| Other operating charges | 640/8 | €2,205 | €379 | -€1,827 | -82.8% |
| Operating profit (loss) | 9901 | €3,791 | €3,970 | +€179 | +4.7% |
| Financial income | 75/76B | €206 | €192 | -€14 | -6.9% |
| Recurring financial income | 75 | €206 | €192 | -€14 | -6.9% |
| Income from financial fixed assets | 750 | €206 | €192 | -€14 | -6.9% |
| Financial charges | 65/66B | €718 | €568 | -€150 | -20.9% |
| Recurring financial charges | 65 | €718 | €568 | -€150 | -20.9% |
| Other financial charges | 652/9 | €718 | €568 | -€150 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €3,279 | €3,594 | +€314 | +9.6% |
| Profit (loss) for the period | 9904 | €3,279 | €3,594 | +€314 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,279 | €3,594 | +€314 | +9.6% |
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 6 October 2026 via checked.be.