PGO 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.
PGO Consulting
Largest movements
- Cash -€3,617
down €3,617 (-66.0%), from €5,477 to €1,860
mainly Other debts (-€5,237) and Tax, wage and social debts (-€2,000)
- Receivables within one year +€1,410
up €1,410 (+17.8%), from €7,911 to €9,321
of which Trade receivables: +€2,017
- Tangible fixed assets +€1,190
up €1,190 (+134%), from €890 to €2,080
of which Furniture and vehicles: +€791
- Reserves +€5,416
up €5,416 (+1,308%), from €414 to €5,830
- Other debts -€5,237
down €5,237 (-70.5%), from €7,427 to €2,190
- Tax, wage and social debts -€2,000
down €2,000 (-45.9%), from €4,361 to €2,361
- Trade debts +€805
up €805 (+611%), from €132 to €936
- Gross operating margin +€8,812
up €8,812 (+196%), from €4,492 to €13,304
- Taxes +€2,841
up €2,841 (+280%), from €1,015 to €3,856
- Staff costs +€1,723
up €1,723 (+184%), from €939 to €2,662
- Other operating charges -€1,214
down €1,214 (-61.2%), from €1,985 to €771
- Depreciation +€418
up €418 (+332%), from €126 to €543
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 | €14,334 | €13,317 | -€1,017 | -7.1% |
| Fixed assets | 21/28 | €947 | €2,136 | +€1,190 | +126% |
| Tangible fixed assets | 22/27 | €890 | €2,080 | +€1,190 | +134% |
| Plant, machinery and equipment | 23 | €563 | €962 | +€399 | +70.9% |
| Furniture and vehicles | 24 | €327 | €1,118 | +€791 | +242% |
| Financial fixed assets | 28 | €56 | €56 | = | 0.0% |
| Current assets | 29/58 | €13,388 | €11,181 | -€2,207 | -16.5% |
| Amounts receivable within one year | 40/41 | €7,911 | €9,321 | +€1,410 | +17.8% |
| Trade receivables | 40 | €7,260 | €9,277 | +€2,017 | +27.8% |
| Other amounts receivable | 41 | €651 | €44 | -€607 | -93.2% |
| Cash at bank and in hand | 54/58 | €5,477 | €1,860 | -€3,617 | -66.0% |
| Total equity and liabilities | 10/49 | €14,334 | €13,317 | -€1,017 | -7.1% |
| Equity | 10/15 | €2,414 | €7,830 | +€5,416 | +224% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €414 | €5,830 | +€5,416 | +1,308% |
| Distributable reserves | 133 | €414 | €5,830 | +€5,416 | +1,308% |
| Amounts payable | 17/49 | €11,920 | €5,487 | -€6,433 | -54.0% |
| Amounts payable within one year | 42/48 | €11,920 | €5,487 | -€6,433 | -54.0% |
| Trade debts | 44 | €132 | €936 | +€805 | +611% |
| Suppliers | 440/4 | €132 | €936 | +€805 | +611% |
| Taxes, remuneration and social security | 45 | €4,361 | €2,361 | -€2,000 | -45.9% |
| Taxes | 450/3 | €4,361 | €2,361 | -€2,000 | -45.9% |
| Other amounts payable | 47/48 | €7,427 | €2,190 | -€5,237 | -70.5% |
| Remuneration, social security and pensions | 62 | €939 | €2,662 | +€1,723 | +184% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126 | €543 | +€418 | +332% |
| Other operating charges | 640/8 | €1,985 | €771 | -€1,214 | -61.2% |
| Gross operating margin | 9900 | €4,492 | €13,304 | +€8,812 | +196% |
| Operating profit (loss) | 9901 | €1,443 | €9,328 | +€7,885 | +546% |
| Financial charges | 65/66B | €15 | €57 | +€42 | +290% |
| Recurring financial charges | 65 | €15 | €57 | +€42 | +290% |
| Profit (loss) for the period before taxes | 9903 | €1,429 | €9,271 | +€7,843 | +549% |
| Income taxes | 67/77 | €1,015 | €3,856 | +€2,841 | +280% |
| Profit (loss) for the period | 9904 | €414 | €5,416 | +€5,002 | +1,208% |
| Profit (loss) for the period to be appropriated | 9905 | €414 | €5,416 | +€5,002 | +1,208% |
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 25 October 2026 via checked.be.