PFA GROUP GENK: 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.
PFA GROUP GENK
Largest movements
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Cash +€36,384
up €36,384 (+154.4%), from €23,571 to €59,955
mainly Current investments (+€50,000) and Net result for the year (+€27,634)
- Deferred charges and accrued income -€5,789
down €5,789 (-10.1%), from €57,335 to €51,547
- Tangible fixed assets -€4,659
down €4,659 (-43.1%), from €10,812 to €6,153
of which Furniture and vehicles: -€3,810
- Other debts -€30,000
down €30,000 (-51.7%), from €58,000 to €28,000
- Tax, wage and social debts +€11,713
up €11,713 (+31.9%), from €36,732 to €48,445
of which Remuneration and social security: +€5,903
- Trade debts +€7,031
up €7,031 (+308.4%), from €2,279 to €9,310
- Current portion of long-term debt -€6,875
down €6,875 (-100.0%), from €6,875 to €0
- Short-term financial debts -€6,000
down €6,000 (-100.0%), from €6,000 to €0
- Gross operating margin -€24,387
down €24,387 (-7.7%), from €317,758 to €293,371
- Staff costs +€8,636
up €8,636 (+3.6%), from €242,727 to €251,363
- Taxes -€6,249
down €6,249 (-40.7%), from €15,371 to €9,122
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 | €145,174 | €120,810 | -€24,364 | -16.8% |
| Fixed assets | 21/28 | €10,812 | €6,153 | -€4,659 | -43.1% |
| Tangible fixed assets | 22/27 | €10,812 | €6,153 | -€4,659 | -43.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €9,963 | €6,153 | -€3,810 | -38.2% |
| Other tangible fixed assets | 26 | €848 | €0 | -€848 | -100.0% |
| Current assets | 29/58 | €134,362 | €114,657 | -€19,706 | -14.7% |
| Amounts receivable within one year | 40/41 | €3,456 | €3,155 | -€302 | -8.7% |
| Other amounts receivable | 41 | €3,456 | €3,155 | -€302 | -8.7% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €23,571 | €59,955 | +€36,384 | +154.4% |
| Deferred charges and accrued income | 490/1 | €57,335 | €51,547 | -€5,789 | -10.1% |
| Total equity and liabilities | 10/49 | €145,174 | €120,810 | -€24,364 | -16.8% |
| Equity | 10/15 | €35,288 | €34,922 | -€366 | -1.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €22,888 | €22,522 | -€366 | -1.6% |
| Distributable reserves | 133 | €22,888 | €22,522 | -€366 | -1.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €109,886 | €85,888 | -€23,998 | -21.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €109,886 | €85,755 | -€24,131 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €6,875 | €0 | -€6,875 | -100.0% |
| Financial debts | 43 | €6,000 | €0 | -€6,000 | -100.0% |
| Credit institutions | 430/8 | €6,000 | €0 | -€6,000 | -100.0% |
| Trade debts | 44 | €2,279 | €9,310 | +€7,031 | +308.4% |
| Suppliers | 440/4 | €2,279 | €9,310 | +€7,031 | +308.4% |
| Taxes, remuneration and social security | 45 | €36,732 | €48,445 | +€11,713 | +31.9% |
| Taxes | 450/3 | €1,874 | €7,684 | +€5,810 | +309.9% |
| Remuneration and social security | 454/9 | €34,858 | €40,761 | +€5,903 | +16.9% |
| Other amounts payable | 47/48 | €58,000 | €28,000 | -€30,000 | -51.7% |
| Accrued charges and deferred income | 492/3 | €0 | €133 | +€133 | |
| Remuneration, social security and pensions | 62 | €242,727 | €251,363 | +€8,636 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,804 | €4,659 | -€145 | -3.0% |
| Other operating charges | 640/8 | €849 | €962 | +€112 | +13.2% |
| Gross operating margin | 9900 | €317,758 | €293,371 | -€24,387 | -7.7% |
| Operating profit (loss) | 9901 | €69,378 | €36,387 | -€32,990 | -47.6% |
| Financial income | 75/76B | €2,756 | €922 | -€1,834 | -66.5% |
| Recurring financial income | 75 | €2,756 | €922 | -€1,834 | -66.5% |
| Financial charges | 65/66B | €853 | €554 | -€299 | -35.1% |
| Recurring financial charges | 65 | €853 | €554 | -€299 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €71,281 | €36,756 | -€34,525 | -48.4% |
| Income taxes | 67/77 | €15,371 | €9,122 | -€6,249 | -40.7% |
| Profit (loss) for the period | 9904 | €55,911 | €27,634 | -€28,277 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,911 | €27,634 | -€28,277 | -50.6% |
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 11 October 2026 via checked.be.