PG INVEST: 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 INVEST
Largest movements
- Receivables within one year -€38,254
down €38,254 (-92.3%), from €41,461 to €3,207
of which Trade receivables: -€38,482
- Short-term financial debts -€51,010
down €51,010 (-93.2%), from €54,714 to €3,703
- Other debts +€20,253
up €20,253 (+594%), from €3,409 to €23,662
- Tax, wage and social debts -€5,060
down €5,060 (-85.8%), from €5,899 to €839
- Profit (loss) carried forward -€3,534
down €3,534 (-2.9%), from -€122,392 to -€125,926
- Gross operating margin -€8,868
down €8,868, from €6,260 to -€2,608
- Financial income +€395
up €395 (+3,950,500%), from €0 to €395
of which Non-recurring financial income: +€395
- Other operating charges -€366
down €366 (-30.1%), from €1,217 to €851
- Financial charges -€315
down €315 (-85.8%), from €367 to €52
of which Non-recurring financial charges: -€327
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 | €43,574 | €4,496 | -€39,078 | -89.7% |
| Fixed assets | 21/28 | €1,045 | €627 | -€418 | -40.0% |
| Tangible fixed assets | 22/27 | €1,045 | €627 | -€418 | -40.0% |
| Furniture and vehicles | 24 | €1,045 | €627 | -€418 | -40.0% |
| Current assets | 29/58 | €42,528 | €3,869 | -€38,660 | -90.9% |
| Amounts receivable within one year | 40/41 | €41,461 | €3,207 | -€38,254 | -92.3% |
| Trade receivables | 40 | €41,459 | €2,977 | -€38,482 | -92.8% |
| Other amounts receivable | 41 | €2 | €230 | +€228 | +9,665% |
| Cash at bank and in hand | 54/58 | €1,067 | €662 | -€406 | -38.0% |
| Total equity and liabilities | 10/49 | €43,574 | €4,496 | -€39,078 | -89.7% |
| Equity | 10/15 | -€22,392 | -€25,926 | -€3,534 | -15.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,392 | -€125,926 | -€3,534 | -2.9% |
| Amounts payable | 17/49 | €65,966 | €30,423 | -€35,544 | -53.9% |
| Amounts payable within one year | 42/48 | €65,966 | €30,423 | -€35,544 | -53.9% |
| Financial debts | 43 | €54,714 | €3,703 | -€51,010 | -93.2% |
| Credit institutions | 430/8 | €54,714 | €3,703 | -€51,010 | -93.2% |
| Trade debts | 44 | €1,945 | €2,219 | +€274 | +14.1% |
| Suppliers | 440/4 | €1,945 | €2,219 | +€274 | +14.1% |
| Taxes, remuneration and social security | 45 | €5,899 | €839 | -€5,060 | -85.8% |
| Taxes | 450/3 | €5,899 | €839 | -€5,060 | -85.8% |
| Other amounts payable | 47/48 | €3,409 | €23,662 | +€20,253 | +594% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €418 | €418 | = | 0.0% |
| Other operating charges | 640/8 | €1,217 | €851 | -€366 | -30.1% |
| Gross operating margin | 9900 | €6,260 | -€2,608 | -€8,868 | |
| Operating profit (loss) | 9901 | €4,625 | -€3,877 | -€8,502 | |
| Financial income | 75/76B | €0 | €395 | +€395 | +3,950,500% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +700% |
| Non-recurring financial income | 76B | - | €395 | +€395 | |
| Financial charges | 65/66B | €367 | €52 | -€315 | -85.8% |
| Recurring financial charges | 65 | €40 | €52 | +€12 | +31.3% |
| Non-recurring financial charges | 66B | €327 | - | -€327 | |
| Profit (loss) for the period before taxes | 9903 | €4,258 | -€3,534 | -€7,792 | |
| Profit (loss) for the period | 9904 | €4,258 | -€3,534 | -€7,792 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,258 | -€3,534 | -€7,792 |
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 31 October 2026 via checked.be.