PGR Construct: 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.
PGR Construct
Largest movements
- Cash -€16,138
down €16,138 (-72.7%), from €22,187 to €6,049
mainly Other debts (-€21,057) and Trade debts (-€9,729)
- Tangible fixed assets -€15,222
down €15,222 (-47.9%), from €31,778 to €16,556
of which Furniture and vehicles: -€12,222
- Receivables within one year -€8,173
down €8,173 (-26.8%), from €30,529 to €22,355
of which Trade receivables: -€11,964
- Deferred charges and accrued income +€4,328
new in 2024: €4,328
- Stocks and contracts +€2,500
new in 2024: €2,500
- Other debts -€21,057
down €21,057 (-52.1%), from €40,442 to €19,385
- Trade debts -€9,729
down €9,729 (-79.2%), from €12,279 to €2,551
- Profit (loss) carried forward -€3,009
down €3,009 (-18.5%), from €16,250 to €13,241
- Tax, wage and social debts +€1,090
up €1,090 (+19.7%), from €5,523 to €6,613
- Gross operating margin -€8,550
down €8,550 (-34.0%), from €25,129 to €16,579
- Write-downs +€7,250
new in 2024: €7,250
- Taxes -€4,423
down €4,423 (-81.2%), from €5,447 to €1,024
- Financial charges +€3,495
up €3,495 (+1660.6%), from €210 to €3,706
- Depreciation +€3,111
up €3,111 (+96.6%), from €3,222 to €6,333
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,495 | €51,789 | -€32,706 | -38.7% |
| Fixed assets | 21/28 | €31,779 | €16,557 | -€15,222 | -47.9% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €31,778 | €16,556 | -€15,222 | -47.9% |
| Plant, machinery and equipment | 23 | €14,000 | €11,000 | -€3,000 | -21.4% |
| Furniture and vehicles | 24 | €17,778 | €5,556 | -€12,222 | -68.7% |
| Current assets | 29/58 | €52,716 | €35,232 | -€17,483 | -33.2% |
| Stocks and contracts in progress | 3 | - | €2,500 | +€2,500 | |
| Stocks | 30/36 | - | €2,500 | +€2,500 | |
| Amounts receivable within one year | 40/41 | €30,529 | €22,355 | -€8,173 | -26.8% |
| Trade receivables | 40 | €30,033 | €18,069 | -€11,964 | -39.8% |
| Other amounts receivable | 41 | €495 | €4,286 | +€3,791 | +765.4% |
| Cash at bank and in hand | 54/58 | €22,187 | €6,049 | -€16,138 | -72.7% |
| Deferred charges and accrued income | 490/1 | - | €4,328 | +€4,328 | |
| Total equity and liabilities | 10/49 | €84,495 | €51,789 | -€32,706 | -38.7% |
| Equity | 10/15 | €26,250 | €23,241 | -€3,009 | -11.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,250 | €13,241 | -€3,009 | -18.5% |
| Amounts payable | 17/49 | €58,244 | €28,548 | -€29,696 | -51.0% |
| Amounts payable within one year | 42/48 | €58,244 | €28,548 | -€29,696 | -51.0% |
| Trade debts | 44 | €12,279 | €2,551 | -€9,729 | -79.2% |
| Suppliers | 440/4 | €12,279 | €2,551 | -€9,729 | -79.2% |
| Taxes, remuneration and social security | 45 | €5,523 | €6,613 | +€1,090 | +19.7% |
| Taxes | 450/3 | €5,523 | €6,613 | +€1,090 | +19.7% |
| Other amounts payable | 47/48 | €40,442 | €19,385 | -€21,057 | -52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,222 | €6,333 | +€3,111 | +96.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,250 | +€7,250 | |
| Other operating charges | 640/8 | - | €1,276 | +€1,276 | |
| Gross operating margin | 9900 | €25,129 | €16,579 | -€8,550 | -34.0% |
| Operating profit (loss) | 9901 | €21,907 | €1,720 | -€20,188 | -92.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €210 | €3,706 | +€3,495 | +1660.6% |
| Recurring financial charges | 65 | €210 | €3,706 | +€3,495 | +1660.6% |
| Profit (loss) for the period before taxes | 9903 | €21,697 | -€1,986 | -€23,683 | |
| Income taxes | 67/77 | €5,447 | €1,024 | -€4,423 | -81.2% |
| Profit (loss) for the period | 9904 | €16,250 | -€3,009 | -€19,260 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,250 | -€3,009 | -€19,260 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.