Pierre Charles Technical Management: 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.
Pierre Charles Technical Management
Largest movements
- Cash +€73,069
up €73,069 (+72.0%), from €101,491 to €174,561
mainly Net result for the year (+€54,074) and Tax, wage and social debts (+€24,316)
- Receivables within one year -€5,923
down €5,923 (-20.3%), from €29,168 to €23,245
of which Trade receivables: -€5,828
- Profit (loss) carried forward +€54,074
up €54,074 (+990%), from €5,459 to €59,533
- Tax, wage and social debts +€24,316
up €24,316 (+961%), from €2,530 to €26,846
of which Taxes: +€22,360
- Other debts -€12,420
down €12,420 (-21.3%), from €58,281 to €45,860
- Gross operating margin -€7,213
down €7,213 (-9.0%), from €80,146 to €72,932
- Depreciation -€6,286
down €6,286 (-78.9%), from €7,970 to €1,684
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 | €135,864 | €201,970 | +€66,107 | +48.7% |
| Fixed assets | 21/28 | €4,694 | €3,609 | -€1,086 | -23.1% |
| Tangible fixed assets | 22/27 | €4,644 | €3,559 | -€1,086 | -23.4% |
| Furniture and vehicles | 24 | €1,753 | €1,383 | -€371 | -21.1% |
| Other tangible fixed assets | 26 | €2,891 | €2,176 | -€715 | -24.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €131,169 | €198,361 | +€67,192 | +51.2% |
| Amounts receivable within one year | 40/41 | €29,168 | €23,245 | -€5,923 | -20.3% |
| Trade receivables | 40 | €29,073 | €23,245 | -€5,828 | -20.0% |
| Other amounts receivable | 41 | €95 | - | -€95 | |
| Cash at bank and in hand | 54/58 | €101,491 | €174,561 | +€73,069 | +72.0% |
| Deferred charges and accrued income | 490/1 | €510 | €556 | +€46 | +8.9% |
| Total equity and liabilities | 10/49 | €135,864 | €201,970 | +€66,107 | +48.7% |
| Equity | 10/15 | €73,808 | €127,882 | +€54,074 | +73.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €67,349 | €67,349 | = | 0.0% |
| Distributable reserves | 133 | €67,349 | €67,349 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,459 | €59,533 | +€54,074 | +990% |
| Amounts payable | 17/49 | €62,055 | €74,088 | +€12,033 | +19.4% |
| Amounts payable within one year | 42/48 | €62,055 | €74,088 | +€12,033 | +19.4% |
| Trade debts | 44 | €1,245 | €1,382 | +€137 | +11.0% |
| Suppliers | 440/4 | €1,245 | €1,382 | +€137 | +11.0% |
| Taxes, remuneration and social security | 45 | €2,530 | €26,846 | +€24,316 | +961% |
| Taxes | 450/3 | €2,530 | €24,890 | +€22,360 | +884% |
| Remuneration and social security | 454/9 | - | €1,956 | +€1,956 | |
| Other amounts payable | 47/48 | €58,281 | €45,860 | -€12,420 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,970 | €1,684 | -€6,286 | -78.9% |
| Other operating charges | 640/8 | €637 | €595 | -€42 | -6.6% |
| Gross operating margin | 9900 | €80,146 | €72,932 | -€7,213 | -9.0% |
| Operating profit (loss) | 9901 | €71,539 | €70,653 | -€885 | -1.2% |
| Financial charges | 65/66B | €225 | €234 | +€9 | +4.2% |
| Recurring financial charges | 65 | €225 | €234 | +€9 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €71,314 | €70,419 | -€895 | -1.3% |
| Income taxes | 67/77 | €15,855 | €16,345 | +€491 | +3.1% |
| Profit (loss) for the period | 9904 | €55,459 | €54,074 | -€1,386 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,459 | €54,074 | -€1,386 | -2.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.