PGLS 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.
PGLS Consulting
Largest movements
- Financial fixed assets +€208,938
up €208,938 (+59.6%), from €350,400 to €559,338
- Cash -€30,191
down €30,191 (-87.1%), from €34,663 to €4,472
mainly Investment in fixed assets (net) (-€208,938) and Net result for the year (-€56,349)
- Receivables within one year -€27,148
down €27,148 (-32.4%), from €83,919 to €56,770
of which Trade receivables: -€67,381
- Tangible fixed assets -€16,239
down €16,239 (-5.0%), from €322,134 to €305,896
of which Furniture and vehicles: -€8,368
- Other debts +€240,629
up €240,629 (+119%), from €202,192 to €442,821
- Profit (loss) carried forward -€56,349
down €56,349 (-39.2%), from -€143,769 to -€200,118
- Debts after one year -€42,696
down €42,696 (-6.4%), from €662,095 to €619,399
- Gross operating margin -€43,702
down €43,702, from €16,475 to -€27,227
- Financial charges -€1,232
down €1,232 (-10.3%), from €12,003 to €10,771
- Other operating charges -€693
down €693 (-28.5%), from €2,429 to €1,736
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 | €792,054 | €926,476 | +€134,422 | +17.0% |
| Fixed assets | 21/28 | €672,534 | €865,233 | +€192,699 | +28.7% |
| Tangible fixed assets | 22/27 | €322,134 | €305,896 | -€16,239 | -5.0% |
| Land and buildings | 22 | €311,879 | €304,009 | -€7,870 | -2.5% |
| Furniture and vehicles | 24 | €10,255 | €1,887 | -€8,368 | -81.6% |
| Financial fixed assets | 28 | €350,400 | €559,338 | +€208,938 | +59.6% |
| Current assets | 29/58 | €119,519 | €61,242 | -€58,277 | -48.8% |
| Amounts receivable within one year | 40/41 | €83,919 | €56,770 | -€27,148 | -32.4% |
| Trade receivables | 40 | €80,308 | €12,927 | -€67,381 | -83.9% |
| Other amounts receivable | 41 | €3,610 | €43,844 | +€40,233 | +1,114% |
| Cash at bank and in hand | 54/58 | €34,663 | €4,472 | -€30,191 | -87.1% |
| Deferred charges and accrued income | 490/1 | €938 | - | -€938 | |
| Total equity and liabilities | 10/49 | €792,054 | €926,476 | +€134,422 | +17.0% |
| Equity | 10/15 | -€124,453 | -€180,801 | -€56,349 | -45.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €9,317 | €9,317 | = | 0.0% |
| Distributable reserves | 133 | €9,317 | €9,317 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,769 | -€200,118 | -€56,349 | -39.2% |
| Amounts payable | 17/49 | €916,507 | €1,107,277 | +€190,770 | +20.8% |
| Amounts payable after more than one year | 17 | €662,095 | €619,399 | -€42,696 | -6.4% |
| Financial debts | 170/4 | €662,095 | €619,399 | -€42,696 | -6.4% |
| Amounts payable within one year | 42/48 | €254,411 | €486,291 | +€231,879 | +91.1% |
| Current portion of amounts payable after more than one year | 42 | €41,410 | €42,696 | +€1,287 | +3.1% |
| Trade debts | 44 | €4,414 | - | -€4,414 | |
| Suppliers | 440/4 | €4,414 | - | -€4,414 | |
| Taxes, remuneration and social security | 45 | €6,395 | €773 | -€5,622 | -87.9% |
| Taxes | 450/3 | €6,395 | €773 | -€5,622 | -87.9% |
| Other amounts payable | 47/48 | €202,192 | €442,821 | +€240,629 | +119% |
| Accrued charges and deferred income | 492/3 | - | €1,587 | +€1,587 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,987 | €16,239 | +€252 | +1.6% |
| Other operating charges | 640/8 | €2,429 | €1,736 | -€693 | -28.5% |
| Gross operating margin | 9900 | €16,475 | -€27,227 | -€43,702 | |
| Operating profit (loss) | 9901 | -€1,941 | -€45,201 | -€43,260 | -2,229% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €12,003 | €10,771 | -€1,232 | -10.3% |
| Recurring financial charges | 65 | €12,003 | €10,771 | -€1,232 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,944 | -€55,972 | -€42,029 | -301% |
| Income taxes | 67/77 | €397 | €376 | -€20 | -5.2% |
| Profit (loss) for the period | 9904 | -€14,340 | -€56,349 | -€42,008 | -293% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,340 | -€56,349 | -€42,008 | -293% |
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 15 October 2026 via checked.be.