PKB: 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.
PKB
Largest movements
- Receivables within one year +€62,175
up €62,175 (+113.2%), from €54,927 to €117,102
of which Trade receivables: +€47,308
- Intangible fixed assets +€31,883
up €31,883 (+121.8%), from €26,180 to €58,064
- Cash -€22,797
down €22,797 (-24.9%), from €91,477 to €68,680
mainly Receivables within one year (-€62,175) and Investment in fixed assets (net) (-€46,422)
- Tangible fixed assets -€14,321
down €14,321 (-42.3%), from €33,877 to €19,556
of which Furniture and vehicles: -€9,629
- Profit (loss) carried forward +€44,856
up €44,856 (+67.2%), from €66,725 to €111,581
- Trade debts +€36,634
up €36,634 (+462.5%), from €7,921 to €44,556
- Other debts -€14,659
down €14,659 (-12.1%), from €121,515 to €106,856
- Tax, wage and social debts -€7,040
no longer reported in 2025 (was €7,040)
- Staff costs -€39,668
down €39,668 (-98.6%), from €40,223 to €554
- Gross operating margin -€10,325
down €10,325 (-10.3%), from €99,763 to €89,439
- Taxes +€6,525
up €6,525 (+91.3%), from €7,146 to €13,671
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.
Cash bridge derived
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 | €207,739 | €265,793 | +€58,053 | +27.9% |
| Fixed assets | 21/28 | €60,057 | €77,620 | +€17,563 | +29.2% |
| Intangible fixed assets | 21 | €26,180 | €58,064 | +€31,883 | +121.8% |
| Tangible fixed assets | 22/27 | €33,877 | €19,556 | -€14,321 | -42.3% |
| Plant, machinery and equipment | 23 | €6,419 | €1,728 | -€4,691 | -73.1% |
| Furniture and vehicles | 24 | €27,458 | €17,829 | -€9,629 | -35.1% |
| Current assets | 29/58 | €147,682 | €188,173 | +€40,491 | +27.4% |
| Amounts receivable within one year | 40/41 | €54,927 | €117,102 | +€62,175 | +113.2% |
| Trade receivables | 40 | €49,795 | €97,103 | +€47,308 | +95.0% |
| Other amounts receivable | 41 | €5,132 | €20,000 | +€14,868 | +289.7% |
| Cash at bank and in hand | 54/58 | €91,477 | €68,680 | -€22,797 | -24.9% |
| Deferred charges and accrued income | 490/1 | €1,278 | €2,391 | +€1,113 | +87.0% |
| Total equity and liabilities | 10/49 | €207,739 | €265,793 | +€58,053 | +27.9% |
| Equity | 10/15 | €67,275 | €112,131 | +€44,856 | +66.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €50 | €50 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,725 | €111,581 | +€44,856 | +67.2% |
| Amounts payable | 17/49 | €140,464 | €153,662 | +€13,198 | +9.4% |
| Amounts payable within one year | 42/48 | €137,512 | €151,412 | +€13,900 | +10.1% |
| Trade debts | 44 | €7,921 | €44,556 | +€36,634 | +462.5% |
| Suppliers | 440/4 | €7,921 | €44,556 | +€36,634 | +462.5% |
| Advances received on contracts in progress | 46 | €1,037 | - | -€1,037 | |
| Taxes, remuneration and social security | 45 | €7,040 | - | -€7,040 | |
| Taxes | 450/3 | €7,040 | - | -€7,040 | |
| Other amounts payable | 47/48 | €121,515 | €106,856 | -€14,659 | -12.1% |
| Accrued charges and deferred income | 492/3 | €2,952 | €2,250 | -€702 | -23.8% |
| Remuneration, social security and pensions | 62 | €40,223 | €554 | -€39,668 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,082 | €28,859 | -€223 | -0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €210 | - | -€210 | |
| Other operating charges | 640/8 | €1,655 | €1,439 | -€216 | -13.0% |
| Gross operating margin | 9900 | €99,763 | €89,439 | -€10,325 | -10.3% |
| Operating profit (loss) | 9901 | €28,594 | €58,586 | +€29,992 | +104.9% |
| Financial income | 75/76B | €12 | €25 | +€14 | +117.2% |
| Recurring financial income | 75 | €12 | €25 | +€14 | +117.2% |
| Financial charges | 65/66B | €82 | €85 | +€3 | +3.7% |
| Recurring financial charges | 65 | €82 | €85 | +€3 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €28,524 | €58,527 | +€30,003 | +105.2% |
| Income taxes | 67/77 | €7,146 | €13,671 | +€6,525 | +91.3% |
| Profit (loss) for the period | 9904 | €21,378 | €44,856 | +€23,478 | +109.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,378 | €44,856 | +€23,478 | +109.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.