PG-TECHNICS: 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-TECHNICS
Largest movements
- Intangible fixed assets +€246,301
new in 2025: €246,301
- Cash +€149,220
up €149,220 (+272%), from €54,760 to €203,980
mainly Debts after one year (+€200,000) and Other debts (+€192,842)
- Receivables within one year +€37,378
up €37,378 (+85.6%), from €43,661 to €81,039
of which Trade receivables: +€42,197
- Debts after one year +€200,000
new in 2025: €200,000
- Other debts +€192,842
up €192,842 (+1,981%), from €9,735 to €202,577
- Reserves +€25,143
up €25,143 (+17.1%), from €146,853 to €171,996
- Trade debts +€7,034
up €7,034 (+24.1%), from €29,200 to €36,234
- Gross operating margin +€8,826
up €8,826 (+14.2%), from €62,197 to €71,023
- Other operating charges +€7,824
up €7,824 (+1,567%), from €499 to €8,323
- Depreciation +€1,948
up €1,948 (+6.4%), from €30,464 to €32,411
- Taxes +€1,171
up €1,171 (+18.1%), from €6,453 to €7,623
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 | €204,583 | €630,815 | +€426,232 | +208% |
| Fixed assets | 21/28 | €103,762 | €345,796 | +€242,034 | +233% |
| Intangible fixed assets | 21 | - | €246,301 | +€246,301 | |
| Tangible fixed assets | 22/27 | €103,762 | €99,494 | -€4,268 | -4.1% |
| Plant, machinery and equipment | 23 | €25,329 | €17,792 | -€7,537 | -29.8% |
| Furniture and vehicles | 24 | €71,360 | €76,983 | +€5,623 | +7.9% |
| Other tangible fixed assets | 26 | €7,073 | €4,719 | -€2,354 | -33.3% |
| Current assets | 29/58 | €100,821 | €285,019 | +€184,198 | +183% |
| Amounts receivable within one year | 40/41 | €43,661 | €81,039 | +€37,378 | +85.6% |
| Trade receivables | 40 | €34,705 | €76,901 | +€42,197 | +122% |
| Other amounts receivable | 41 | €8,956 | €4,138 | -€4,819 | -53.8% |
| Cash at bank and in hand | 54/58 | €54,760 | €203,980 | +€149,220 | +272% |
| Deferred charges and accrued income | 490/1 | €2,400 | - | -€2,400 | |
| Total equity and liabilities | 10/49 | €204,583 | €630,815 | +€426,232 | +208% |
| Equity | 10/15 | €165,403 | €190,546 | +€25,143 | +15.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €146,853 | €171,996 | +€25,143 | +17.1% |
| Distributable reserves | 133 | €146,853 | €171,996 | +€25,143 | +17.1% |
| Amounts payable | 17/49 | €39,180 | €440,269 | +€401,089 | +1,024% |
| Amounts payable after more than one year | 17 | - | €200,000 | +€200,000 | |
| Other amounts payable | 178/9 | - | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €39,180 | €240,269 | +€201,089 | +513% |
| Trade debts | 44 | €29,200 | €36,234 | +€7,034 | +24.1% |
| Suppliers | 440/4 | €29,200 | €36,234 | +€7,034 | +24.1% |
| Taxes, remuneration and social security | 45 | €245 | €1,458 | +€1,214 | +496% |
| Taxes | 450/3 | €245 | €1,458 | +€1,214 | +496% |
| Other amounts payable | 47/48 | €9,735 | €202,577 | +€192,842 | +1,981% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,464 | €32,411 | +€1,948 | +6.4% |
| Other operating charges | 640/8 | €499 | €8,323 | +€7,824 | +1,567% |
| Gross operating margin | 9900 | €62,197 | €71,023 | +€8,826 | +14.2% |
| Operating profit (loss) | 9901 | €31,234 | €30,288 | -€946 | -3.0% |
| Financial income | 75/76B | €2,625 | €2,730 | +€105 | +4.0% |
| Recurring financial income | 75 | €2,625 | €2,730 | +€105 | +4.0% |
| Financial charges | 65/66B | €277 | €252 | -€25 | -9.0% |
| Recurring financial charges | 65 | €277 | €252 | -€25 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €33,582 | €32,766 | -€816 | -2.4% |
| Income taxes | 67/77 | €6,453 | €7,623 | +€1,171 | +18.1% |
| Profit (loss) for the period | 9904 | €27,129 | €25,143 | -€1,986 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,129 | €25,143 | -€1,986 | -7.3% |
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.