PGE CONSULTING: 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.
PGE CONSULTING
Largest movements
- Current investments -€25,473
down €25,473 (-37.7%), from €67,560 to €42,088
- Cash -€5,149
down €5,149 (-36.3%), from €14,189 to €9,041
mainly Tax, wage and social debts (-€16,173) and Net result for the year (-€15,924)
- Stocks and contracts +€4,577
up €4,577 (+20.8%), from €21,961 to €26,538
- Intangible fixed assets -€2,645
down €2,645 (-33.4%), from €7,927 to €5,282
- Tax, wage and social debts -€16,173
down €16,173 (-76.0%), from €21,273 to €5,099
of which Remuneration and social security: -€10,207
- Profit (loss) carried forward -€15,924
down €15,924 (-23.9%), from €66,724 to €50,800
- Debts after one year +€4,140
up €4,140 (+74.4%), from €5,567 to €9,707
- Trade debts -€1,922
down €1,922 (-33.7%), from €5,709 to €3,787
- Current portion of long-term debt +€1,734
up €1,734 (+20.8%), from €8,344 to €10,078
- Staff costs -€24,631
down €24,631 (-82.3%), from €29,927 to €5,296
- Gross operating margin -€13,326
down €13,326 (-55.6%), from €23,946 to €10,621
- Other operating charges -€7,990
down €7,990 (-78.5%), from €10,179 to €2,188
- Depreciation +€1,302
up €1,302 (+8.9%), from €14,678 to €15,980
- Financial charges +€441
up €441 (+58.0%), from €760 to €1,202
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 | €157,084 | €128,471 | -€28,612 | -18.2% |
| Formation expenses | 20 | €365 | - | -€365 | |
| Fixed assets | 21/28 | €40,759 | €37,833 | -€2,926 | -7.2% |
| Intangible fixed assets | 21 | €7,927 | €5,282 | -€2,645 | -33.4% |
| Tangible fixed assets | 22/27 | €32,562 | €32,281 | -€281 | -0.9% |
| Plant, machinery and equipment | 23 | €9,230 | €7,129 | -€2,101 | -22.8% |
| Furniture and vehicles | 24 | €23,332 | €25,152 | +€1,820 | +7.8% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €115,959 | €90,638 | -€25,321 | -21.8% |
| Stocks and contracts in progress | 3 | €21,961 | €26,538 | +€4,577 | +20.8% |
| Stocks | 30/36 | €21,961 | €26,538 | +€4,577 | +20.8% |
| Amounts receivable within one year | 40/41 | €10,564 | €11,691 | +€1,127 | +10.7% |
| Trade receivables | 40 | €10,564 | €8,548 | -€2,016 | -19.1% |
| Other amounts receivable | 41 | - | €3,142 | +€3,142 | |
| Current investments | 50/53 | €67,560 | €42,088 | -€25,473 | -37.7% |
| Cash at bank and in hand | 54/58 | €14,189 | €9,041 | -€5,149 | -36.3% |
| Deferred charges and accrued income | 490/1 | €1,685 | €1,281 | -€403 | -24.0% |
| Total equity and liabilities | 10/49 | €157,084 | €128,471 | -€28,612 | -18.2% |
| Equity | 10/15 | €111,984 | €96,060 | -€15,924 | -14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,660 | €26,660 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,800 | €24,800 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,724 | €50,800 | -€15,924 | -23.9% |
| Amounts payable | 17/49 | €45,100 | €32,411 | -€12,688 | -28.1% |
| Amounts payable after more than one year | 17 | €5,567 | €9,707 | +€4,140 | +74.4% |
| Financial debts | 170/4 | €5,567 | €9,707 | +€4,140 | +74.4% |
| Amounts payable within one year | 42/48 | €39,533 | €22,704 | -€16,828 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €8,344 | €10,078 | +€1,734 | +20.8% |
| Trade debts | 44 | €5,709 | €3,787 | -€1,922 | -33.7% |
| Suppliers | 440/4 | €5,709 | €3,787 | -€1,922 | -33.7% |
| Taxes, remuneration and social security | 45 | €21,273 | €5,099 | -€16,173 | -76.0% |
| Taxes | 450/3 | €11,066 | €5,099 | -€5,966 | -53.9% |
| Remuneration and social security | 454/9 | €10,207 | - | -€10,207 | |
| Other amounts payable | 47/48 | €4,207 | €3,741 | -€466 | -11.1% |
| Remuneration, social security and pensions | 62 | €29,927 | €5,296 | -€24,631 | -82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,678 | €15,980 | +€1,302 | +8.9% |
| Other operating charges | 640/8 | €10,179 | €2,188 | -€7,990 | -78.5% |
| Non-recurring operating charges | 66A | - | €1,830 | +€1,830 | |
| Gross operating margin | 9900 | €23,946 | €10,621 | -€13,326 | -55.6% |
| Operating profit (loss) | 9901 | -€30,837 | -€14,673 | +€16,164 | +52.4% |
| Financial income | 75/76B | €178 | €230 | +€52 | +29.3% |
| Recurring financial income | 75 | €178 | €230 | +€52 | +29.3% |
| Financial charges | 65/66B | €760 | €1,202 | +€441 | +58.0% |
| Recurring financial charges | 65 | €760 | €1,202 | +€441 | +58.0% |
| Profit (loss) for the period before taxes | 9903 | -€31,420 | -€15,645 | +€15,775 | +50.2% |
| Income taxes | 67/77 | €540 | €279 | -€261 | -48.3% |
| Profit (loss) for the period | 9904 | -€31,959 | -€15,924 | +€16,035 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,959 | -€15,924 | +€16,035 | +50.2% |
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 23 October 2026 via checked.be.