PJOTTER: 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.
PJOTTER
Largest movements
- Receivables within one year -€4,264
down €4,264 (-32.9%), from €12,952 to €8,688
of which Other amounts receivable: -€4,178
- Reserves +€16,610
up €16,610 (+21.1%), from €78,611 to €95,222
- Debts after one year -€11,739
down €11,739 (-4.6%), from €253,397 to €241,658
- Tax, wage and social debts -€7,040
down €7,040 (-30.5%), from €23,088 to €16,048
of which Remuneration and social security: -€5,639
- Staff costs -€20,871
down €20,871 (-16.2%), from €128,754 to €107,883
- Depreciation -€8,238
down €8,238 (-32.1%), from €25,628 to €17,390
- Taxes +€5,513
up €5,513 (+135%), from €4,071 to €9,585
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 | €388,893 | €381,355 | -€7,538 | -1.9% |
| Fixed assets | 21/28 | €359,484 | €355,913 | -€3,571 | -1.0% |
| Tangible fixed assets | 22/27 | €359,484 | €355,913 | -€3,571 | -1.0% |
| Land and buildings | 22 | €319,519 | €323,730 | +€4,211 | +1.3% |
| Plant, machinery and equipment | 23 | €18,061 | €14,551 | -€3,510 | -19.4% |
| Furniture and vehicles | 24 | €9,459 | €6,895 | -€2,564 | -27.1% |
| Other tangible fixed assets | 26 | €12,445 | €10,737 | -€1,707 | -13.7% |
| Current assets | 29/58 | €29,409 | €25,442 | -€3,967 | -13.5% |
| Amounts receivable within one year | 40/41 | €12,952 | €8,688 | -€4,264 | -32.9% |
| Trade receivables | 40 | €7,084 | €6,998 | -€86 | -1.2% |
| Other amounts receivable | 41 | €5,868 | €1,690 | -€4,178 | -71.2% |
| Cash at bank and in hand | 54/58 | €15,455 | €14,145 | -€1,310 | -8.5% |
| Deferred charges and accrued income | 490/1 | €1,003 | €2,609 | +€1,606 | +160% |
| Total equity and liabilities | 10/49 | €388,893 | €381,355 | -€7,538 | -1.9% |
| Equity | 10/15 | €88,611 | €105,222 | +€16,610 | +18.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €78,611 | €95,222 | +€16,610 | +21.1% |
| Distributable reserves | 133 | €78,611 | €95,222 | +€16,610 | +21.1% |
| Amounts payable | 17/49 | €300,282 | €276,134 | -€24,149 | -8.0% |
| Amounts payable after more than one year | 17 | €253,397 | €241,658 | -€11,739 | -4.6% |
| Financial debts | 170/4 | €253,397 | €241,658 | -€11,739 | -4.6% |
| Amounts payable within one year | 42/48 | €46,885 | €34,475 | -€12,410 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €21,276 | €18,428 | -€2,848 | -13.4% |
| Trade debts | 44 | €2,522 | - | -€2,522 | |
| Suppliers | 440/4 | €2,522 | - | -€2,522 | |
| Taxes, remuneration and social security | 45 | €23,088 | €16,048 | -€7,040 | -30.5% |
| Taxes | 450/3 | €4,637 | €3,236 | -€1,401 | -30.2% |
| Remuneration and social security | 454/9 | €18,451 | €12,812 | -€5,639 | -30.6% |
| Remuneration, social security and pensions | 62 | €128,754 | €107,883 | -€20,871 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,628 | €17,390 | -€8,238 | -32.1% |
| Other operating charges | 640/8 | €3,480 | €3,008 | -€473 | -13.6% |
| Gross operating margin | 9900 | €185,752 | €185,385 | -€366 | -0.2% |
| Operating profit (loss) | 9901 | €27,889 | €57,105 | +€29,216 | +105% |
| Financial income | 75/76B | €946 | €410 | -€536 | -56.7% |
| Recurring financial income | 75 | €946 | €410 | -€536 | -56.7% |
| Financial charges | 65/66B | €14,057 | €14,974 | +€917 | +6.5% |
| Recurring financial charges | 65 | €14,057 | €14,974 | +€917 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €14,778 | €42,541 | +€27,763 | +188% |
| Income taxes | 67/77 | €4,071 | €9,585 | +€5,513 | +135% |
| Profit (loss) for the period | 9904 | €10,707 | €32,956 | +€22,250 | +208% |
| Profit (loss) for the period to be appropriated | 9905 | €10,707 | €32,956 | +€22,250 | +208% |
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 14 October 2026 via checked.be.