PG Draadafsluitingen: 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 Draadafsluitingen
Largest movements
- Cash +€61,833
up €61,833 (+250%), from €24,716 to €86,549
mainly Other debts (+€45,286) and Net result for the year (+€36,402)
- Receivables within one year -€27,061
down €27,061 (-97.3%), from €27,807 to €747
of which Other amounts receivable: -€19,096
- Stocks and contracts +€12,944
up €12,944 (+31.0%), from €41,714 to €54,658
- Tangible fixed assets +€3,294
up €3,294 (+6.3%), from €52,651 to €55,946
of which Furniture and vehicles: +€16,065
- Other debts +€45,286
up €45,286 (+923%), from €4,906 to €50,192
- Reserves +€36,402
up €36,402 (+47.9%), from €75,972 to €112,374
- Trade debts -€19,989
down €19,989 (-68.0%), from €29,401 to €9,412
- Short-term financial debts -€6,541
down €6,541 (-55.3%), from €11,823 to €5,282
- Gross operating margin +€49,144
up €49,144 (+317%), from €15,513 to €64,657
- Taxes +€8,096
up €8,096 (+5,146%), from €157 to €8,253
- Depreciation +€2,917
up €2,917 (+19.4%), from €15,060 to €17,977
- Financial charges -€1,998
down €1,998 (-42.9%), from €4,655 to €2,657
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €146,889 | €199,551 | +€52,662 | +35.9% |
| Fixed assets | 21/28 | €52,651 | €55,946 | +€3,294 | +6.3% |
| Tangible fixed assets | 22/27 | €52,651 | €55,946 | +€3,294 | +6.3% |
| Land and buildings | 22 | €2,501 | €1,833 | -€668 | -26.7% |
| Plant, machinery and equipment | 23 | €43,264 | €31,161 | -€12,102 | -28.0% |
| Furniture and vehicles | 24 | €6,887 | €22,951 | +€16,065 | +233% |
| Current assets | 29/58 | €94,238 | €143,606 | +€49,368 | +52.4% |
| Stocks and contracts in progress | 3 | €41,714 | €54,658 | +€12,944 | +31.0% |
| Stocks | 30/36 | €41,714 | €54,658 | +€12,944 | +31.0% |
| Amounts receivable within one year | 40/41 | €27,807 | €747 | -€27,061 | -97.3% |
| Trade receivables | 40 | €7,965 | €0 | -€7,965 | -100% |
| Other amounts receivable | 41 | €19,843 | €747 | -€19,096 | -96.2% |
| Cash at bank and in hand | 54/58 | €24,716 | €86,549 | +€61,833 | +250% |
| Deferred charges and accrued income | 490/1 | - | €1,652 | +€1,652 | |
| Total equity and liabilities | 10/49 | €146,889 | €199,551 | +€52,662 | +35.9% |
| Equity | 10/15 | €85,972 | €122,374 | +€36,402 | +42.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €75,972 | €112,374 | +€36,402 | +47.9% |
| Distributable reserves | 133 | €75,972 | €112,374 | +€36,402 | +47.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €60,917 | €77,177 | +€16,260 | +26.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €60,917 | €77,177 | +€16,260 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | €1,376 | €0 | -€1,376 | -100% |
| Financial debts | 43 | €11,823 | €5,282 | -€6,541 | -55.3% |
| Credit institutions | 430/8 | €11,823 | €5,282 | -€6,541 | -55.3% |
| Trade debts | 44 | €29,401 | €9,412 | -€19,989 | -68.0% |
| Suppliers | 440/4 | €29,401 | €9,412 | -€19,989 | -68.0% |
| Taxes, remuneration and social security | 45 | €13,412 | €12,292 | -€1,120 | -8.4% |
| Taxes | 450/3 | €4,124 | €2,980 | -€1,144 | -27.7% |
| Remuneration and social security | 454/9 | €9,288 | €9,312 | +€24 | +0.3% |
| Other amounts payable | 47/48 | €4,906 | €50,192 | +€45,286 | +923% |
| Non-recurring operating income | 76A | €705 | €393 | -€312 | -44.2% |
| Remuneration, social security and pensions | 62 | €247 | -€254 | -€501 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,060 | €17,977 | +€2,917 | +19.4% |
| Other operating charges | 640/8 | €883 | €883 | -€0 | 0.0% |
| Gross operating margin | 9900 | €15,513 | €64,657 | +€49,144 | +317% |
| Operating profit (loss) | 9901 | -€677 | €46,051 | +€46,728 | |
| Financial income | 75/76B | €1,017 | €1,261 | +€244 | +24.0% |
| Recurring financial income | 75 | €1,017 | €1,261 | +€244 | +24.0% |
| Financial charges | 65/66B | €4,655 | €2,657 | -€1,998 | -42.9% |
| Recurring financial charges | 65 | €4,655 | €2,657 | -€1,998 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,315 | €44,655 | +€48,970 | |
| Income taxes | 67/77 | €157 | €8,253 | +€8,096 | +5,146% |
| Profit (loss) for the period | 9904 | -€4,472 | €36,402 | +€40,874 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,472 | €36,402 | +€40,874 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.