PK AVOCAT: 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.
PK AVOCAT
Largest movements
- Receivables within one year +€41,065
up €41,065 (+281%), from €14,628 to €55,693
of which Other amounts receivable: +€31,905
- Tangible fixed assets +€6,690
up €6,690 (+1,338%), from €500 to €7,190
- Cash +€6,616
up €6,616 (+154%), from €4,306 to €10,922
- Deferred charges and accrued income +€1,479
new in 2025: €1,479
- Other debts +€30,015
new in 2025: €30,015
- Reserves +€19,335
up €19,335 (+150%), from €12,926 to €32,261
- Tax, wage and social debts +€3,986
up €3,986 (+106%), from €3,759 to €7,745
- Trade debts +€1,555
up €1,555 (+624%), from €249 to €1,804
- Accrued charges and deferred income +€960
new in 2025: €960
- Gross operating margin +€11,768
up €11,768 (+60.0%), from €19,619 to €31,387
- Financial income +€1,852
new in 2025: €1,852
- Depreciation +€1,152
up €1,152 (+922%), from €125 to €1,277
- Taxes +€1,014
up €1,014 (+21.5%), from €4,721 to €5,735
- Financial charges +€659
up €659 (+7,596%), from €9 to €667
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,434 | €75,285 | +€55,851 | +287% |
| Fixed assets | 21/28 | €500 | €7,190 | +€6,690 | +1,338% |
| Tangible fixed assets | 22/27 | €500 | €7,190 | +€6,690 | +1,338% |
| Furniture and vehicles | 24 | €500 | €7,190 | +€6,690 | +1,338% |
| Current assets | 29/58 | €18,934 | €68,095 | +€49,161 | +260% |
| Amounts receivable within one year | 40/41 | €14,628 | €55,693 | +€41,065 | +281% |
| Trade receivables | 40 | €13,950 | €23,110 | +€9,160 | +65.7% |
| Other amounts receivable | 41 | €678 | €32,583 | +€31,905 | +4,707% |
| Cash at bank and in hand | 54/58 | €4,306 | €10,922 | +€6,616 | +154% |
| Deferred charges and accrued income | 490/1 | - | €1,479 | +€1,479 | |
| Total equity and liabilities | 10/49 | €19,434 | €75,285 | +€55,851 | +287% |
| Equity | 10/15 | €15,426 | €34,761 | +€19,335 | +125% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €12,926 | €32,261 | +€19,335 | +150% |
| Distributable reserves | 133 | €12,926 | €32,261 | +€19,335 | +150% |
| Amounts payable | 17/49 | €4,008 | €40,524 | +€36,516 | +911% |
| Amounts payable within one year | 42/48 | €4,008 | €39,564 | +€35,556 | +887% |
| Trade debts | 44 | €249 | €1,804 | +€1,555 | +624% |
| Suppliers | 440/4 | €249 | €1,804 | +€1,555 | +624% |
| Taxes, remuneration and social security | 45 | €3,759 | €7,745 | +€3,986 | +106% |
| Taxes | 450/3 | €3,759 | €7,745 | +€3,986 | +106% |
| Other amounts payable | 47/48 | - | €30,015 | +€30,015 | |
| Accrued charges and deferred income | 492/3 | - | €960 | +€960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125 | €1,277 | +€1,152 | +922% |
| Other operating charges | 640/8 | €1,738 | €2,281 | +€542 | +31.2% |
| Gross operating margin | 9900 | €19,619 | €31,387 | +€11,768 | +60.0% |
| Operating profit (loss) | 9901 | €17,756 | €27,829 | +€10,073 | +56.7% |
| Financial income | 75/76B | - | €1,852 | +€1,852 | |
| Recurring financial income | 75 | - | €1,852 | +€1,852 | |
| Financial charges | 65/66B | €9 | €667 | +€659 | +7,596% |
| Recurring financial charges | 65 | €9 | €667 | +€659 | +7,596% |
| Profit (loss) for the period before taxes | 9903 | €17,747 | €29,013 | +€11,266 | +63.5% |
| Income taxes | 67/77 | €4,721 | €5,735 | +€1,014 | +21.5% |
| Profit (loss) for the period | 9904 | €13,026 | €23,279 | +€10,253 | +78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,026 | €23,279 | +€10,253 | +78.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.