PG MANAGEMENT: what changed
Two fiscal 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 MANAGEMENT
Largest movements
- Tangible fixed assets +€3,295
up €3,295 (+1.1%), from €303,242 to €306,537
- Other debts +€4,742
up €4,742 (+1.3%), from €373,526 to €378,268
- Financial charges -€375
down €375 (-2.7%), from €14,084 to €13,709
- Gross operating margin -€202
down €202 (-1.4%), from €14,380 to €14,178
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 | €303,732 | €306,857 | +€3,125 | +1.0% |
| Fixed assets | 21/28 | €303,242 | €306,537 | +€3,295 | +1.1% |
| Tangible fixed assets | 22/27 | €303,242 | €306,537 | +€3,295 | +1.1% |
| Land and buildings | 22 | €303,242 | €306,537 | +€3,295 | +1.1% |
| Current assets | 29/58 | €490 | €320 | -€170 | -34.7% |
| Cash at bank and in hand | 54/58 | €490 | €320 | -€170 | -34.7% |
| Total equity and liabilities | 10/49 | €303,732 | €306,857 | +€3,125 | +1.0% |
| Equity | 10/15 | -€259,912 | -€261,411 | -€1,499 | -0.6% |
| Contributions | 10/11 | €192,117 | €192,117 | = | 0.0% |
| Capital | 10 | €192,117 | €192,117 | = | 0.0% |
| Issued capital | 100 | €192,117 | €192,117 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€452,030 | -€453,529 | -€1,499 | -0.3% |
| Amounts payable | 17/49 | €563,644 | €568,268 | +€4,624 | +0.8% |
| Amounts payable after more than one year | 17 | €190,000 | €190,000 | = | 0.0% |
| Other amounts payable | 178/9 | €190,000 | €190,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €373,644 | €378,268 | +€4,624 | +1.2% |
| Trade debts | 44 | €118 | - | -€118 | |
| Suppliers | 440/4 | €118 | - | -€118 | |
| Other amounts payable | 47/48 | €373,526 | €378,268 | +€4,742 | +1.3% |
| Other operating charges | 640/8 | €2,009 | €1,968 | -€42 | -2.1% |
| Gross operating margin | 9900 | €14,380 | €14,178 | -€202 | -1.4% |
| Operating profit (loss) | 9901 | €12,371 | €12,210 | -€161 | -1.3% |
| Financial charges | 65/66B | €14,084 | €13,709 | -€375 | -2.7% |
| Recurring financial charges | 65 | €14,084 | €13,709 | -€375 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,713 | -€1,499 | +€214 | +12.5% |
| Profit (loss) for the period | 9904 | -€1,713 | -€1,499 | +€214 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,713 | -€1,499 | +€214 | +12.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.