PJT HOLDING: 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.
PJT HOLDING
Largest movements
- Cash -€12
no longer reported in 2025 (was €12)
mainly Trade debts (-€3,630)
- Trade debts -€3,630
no longer reported in 2025 (was €3,630)
- Profit (loss) carried forward +€2,839
up €2,839 (+9.2%), from -€30,741 to -€27,902
- Other debts +€475
up €475 (+6.5%), from €7,268 to €7,743
- Short-term financial debts +€304
new in 2025: €304
- Gross operating margin +€3,155
new in 2025: €3,155
- Financial charges +€51
up €51 (+19.3%), from €265 to €316
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 | €618 | €606 | -€12 | -1.9% |
| Current assets | 29/58 | €618 | €606 | -€12 | -1.9% |
| Amounts receivable within one year | 40/41 | €606 | €606 | = | 0.0% |
| Other amounts receivable | 41 | €606 | €606 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12 | - | -€12 | |
| Total equity and liabilities | 10/49 | €618 | €606 | -€12 | -1.9% |
| Equity | 10/15 | -€10,281 | -€7,442 | +€2,839 | +27.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,741 | -€27,902 | +€2,839 | +9.2% |
| Amounts payable | 17/49 | €10,899 | €8,048 | -€2,851 | -26.2% |
| Amounts payable within one year | 42/48 | €10,899 | €8,048 | -€2,851 | -26.2% |
| Financial debts | 43 | - | €304 | +€304 | |
| Credit institutions | 430/8 | - | €304 | +€304 | |
| Trade debts | 44 | €3,630 | - | -€3,630 | |
| Suppliers | 440/4 | €3,630 | - | -€3,630 | |
| Other amounts payable | 47/48 | €7,268 | €7,743 | +€475 | +6.5% |
| Gross operating margin | 9900 | - | €3,155 | +€3,155 | |
| Operating profit (loss) | 9901 | - | €3,155 | +€3,155 | |
| Financial charges | 65/66B | €265 | €316 | +€51 | +19.3% |
| Recurring financial charges | 65 | €265 | €316 | +€51 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | -€265 | €2,839 | +€3,104 | |
| Profit (loss) for the period | 9904 | -€265 | €2,839 | +€3,104 | |
| Profit (loss) for the period to be appropriated | 9905 | -€265 | €2,839 | +€3,104 |
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 27 October 2026 via checked.be.