PG CONSTRUCT: 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.
PG CONSTRUCT
Largest movements
- Cash +€30,563
up €30,563 (+43.9%), from €69,681 to €100,244
mainly Net result for the year (+€46,408) and Depreciation (+€373)
- Tangible fixed assets +€2,097
up €2,097 (+308%), from €680 to €2,777
of which Plant, machinery and equipment: +€2,347
- Profit (loss) carried forward +€46,408
up €46,408 (+142%), from €32,602 to €79,010
- Other debts -€13,866
down €13,866 (-97.1%), from €14,286 to €419
- Gross operating margin -€1,957
down €1,957 (-3.0%), from €64,599 to €62,643
- Depreciation -€1,580
down €1,580 (-80.9%), from €1,953 to €373
- Staff costs +€865
new in 2025: €865
- Financial charges -€686
down €686 (-33.8%), from €2,030 to €1,345
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 | €71,127 | €103,806 | +€32,679 | +45.9% |
| Fixed assets | 21/28 | €680 | €2,777 | +€2,097 | +308% |
| Tangible fixed assets | 22/27 | €680 | €2,777 | +€2,097 | +308% |
| Plant, machinery and equipment | 23 | - | €2,347 | +€2,347 | |
| Furniture and vehicles | 24 | €680 | €430 | -€250 | -36.7% |
| Current assets | 29/58 | €70,447 | €101,028 | +€30,581 | +43.4% |
| Amounts receivable within one year | 40/41 | €214 | €191 | -€23 | -10.7% |
| Other amounts receivable | 41 | €214 | €191 | -€23 | -10.7% |
| Cash at bank and in hand | 54/58 | €69,681 | €100,244 | +€30,563 | +43.9% |
| Deferred charges and accrued income | 490/1 | €552 | €593 | +€41 | +7.4% |
| Total equity and liabilities | 10/49 | €71,127 | €103,806 | +€32,679 | +45.9% |
| Equity | 10/15 | €35,102 | €81,510 | +€46,408 | +132% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,602 | €79,010 | +€46,408 | +142% |
| Amounts payable | 17/49 | €36,025 | €22,295 | -€13,730 | -38.1% |
| Amounts payable within one year | 42/48 | €36,025 | €22,295 | -€13,730 | -38.1% |
| Trade debts | 44 | €1,284 | €1,059 | -€225 | -17.6% |
| Suppliers | 440/4 | €1,284 | €1,059 | -€225 | -17.6% |
| Taxes, remuneration and social security | 45 | €20,455 | €20,817 | +€362 | +1.8% |
| Taxes | 450/3 | €20,455 | €20,817 | +€362 | +1.8% |
| Other amounts payable | 47/48 | €14,286 | €419 | -€13,866 | -97.1% |
| Remuneration, social security and pensions | 62 | - | €865 | +€865 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,953 | €373 | -€1,580 | -80.9% |
| Other operating charges | 640/8 | €779 | €726 | -€53 | -6.8% |
| Gross operating margin | 9900 | €64,599 | €62,643 | -€1,957 | -3.0% |
| Operating profit (loss) | 9901 | €61,867 | €60,678 | -€1,189 | -1.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,030 | €1,345 | -€686 | -33.8% |
| Recurring financial charges | 65 | €2,030 | €1,345 | -€686 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €59,837 | €59,333 | -€504 | -0.8% |
| Income taxes | 67/77 | €12,949 | €12,925 | -€24 | -0.2% |
| Profit (loss) for the period | 9904 | €46,888 | €46,408 | -€480 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,888 | €46,408 | -€480 | -1.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.