PG CONSULT: 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 CONSULT
Largest movements
- Receivables within one year +€301,966
up €301,966 (+65.0%), from €464,634 to €766,600
of which Other amounts receivable: +€303,176
- Cash -€107,352
down €107,352 (-83.2%), from €128,997 to €21,645
mainly Receivables within one year (-€301,966) and Tax, wage and social debts (-€115,819)
- Debts after one year +€330,009
up €330,009 (+80.3%), from €410,737 to €740,746
- Tax, wage and social debts -€115,819
down €115,819 (-84.8%), from €136,596 to €20,776
of which Taxes: -€104,873
- Current portion of long-term debt -€11,698
no longer reported in 2025 (was €11,698)
- Gross operating margin -€318,892
down €318,892 (-98.2%), from €324,704 to €5,812
- Taxes -€98,135
down €98,135 (-99.5%), from €98,653 to €518
- Financial charges -€21,302
down €21,302 (-96.8%), from €21,995 to €693
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 | €819,846 | €1,012,036 | +€192,190 | +23.4% |
| Fixed assets | 21/28 | €226,216 | €222,860 | -€3,356 | -1.5% |
| Tangible fixed assets | 22/27 | €226,216 | €222,860 | -€3,356 | -1.5% |
| Land and buildings | 22 | €207,357 | €196,918 | -€10,439 | -5.0% |
| Plant, machinery and equipment | 23 | €11,595 | €10,541 | -€1,054 | -9.1% |
| Furniture and vehicles | 24 | €7,264 | €15,401 | +€8,137 | +112% |
| Current assets | 29/58 | €593,630 | €789,176 | +€195,546 | +32.9% |
| Amounts receivable within one year | 40/41 | €464,634 | €766,600 | +€301,966 | +65.0% |
| Trade receivables | 40 | €1,210 | - | -€1,210 | |
| Other amounts receivable | 41 | €463,424 | €766,600 | +€303,176 | +65.4% |
| Cash at bank and in hand | 54/58 | €128,997 | €21,645 | -€107,352 | -83.2% |
| Deferred charges and accrued income | 490/1 | - | €932 | +€932 | |
| Total equity and liabilities | 10/49 | €819,846 | €1,012,036 | +€192,190 | +23.4% |
| Equity | 10/15 | €257,525 | €247,593 | -€9,932 | -3.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €245,125 | €235,193 | -€9,932 | -4.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €243,265 | €233,333 | -€9,932 | -4.1% |
| Amounts payable | 17/49 | €562,321 | €764,443 | +€202,122 | +35.9% |
| Amounts payable after more than one year | 17 | €410,737 | €740,746 | +€330,009 | +80.3% |
| Financial debts | 170/4 | €410,737 | €740,746 | +€330,009 | +80.3% |
| Amounts payable within one year | 42/48 | €151,584 | €23,696 | -€127,888 | -84.4% |
| Current portion of amounts payable after more than one year | 42 | €11,698 | - | -€11,698 | |
| Trade debts | 44 | €3,291 | €2,920 | -€371 | -11.3% |
| Suppliers | 440/4 | €3,291 | €2,920 | -€371 | -11.3% |
| Taxes, remuneration and social security | 45 | €136,596 | €20,776 | -€115,819 | -84.8% |
| Taxes | 450/3 | €118,983 | €14,110 | -€104,873 | -88.1% |
| Remuneration and social security | 454/9 | €17,613 | €6,666 | -€10,947 | -62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,462 | €13,356 | -€1,106 | -7.6% |
| Other operating charges | 640/8 | €2,996 | €1,477 | -€1,519 | -50.7% |
| Gross operating margin | 9900 | €324,704 | €5,812 | -€318,892 | -98.2% |
| Operating profit (loss) | 9901 | €307,247 | -€9,021 | -€316,268 | |
| Financial income | 75/76B | €1,101 | €300 | -€801 | -72.8% |
| Recurring financial income | 75 | €1,101 | €300 | -€801 | -72.8% |
| Financial charges | 65/66B | €21,995 | €693 | -€21,302 | -96.8% |
| Recurring financial charges | 65 | €21,995 | €693 | -€21,302 | -96.8% |
| Profit (loss) for the period before taxes | 9903 | €286,353 | -€9,414 | -€295,767 | |
| Income taxes | 67/77 | €98,653 | €518 | -€98,135 | -99.5% |
| Profit (loss) for the period | 9904 | €187,700 | -€9,932 | -€197,632 | |
| Profit (loss) for the period to be appropriated | 9905 | €187,700 | -€9,932 | -€197,632 |
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 15 October 2026 via checked.be.