PKL: what changed
Two fiscal 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.
PKL
Largest movements
- Cash +€12,621
up €12,621 (+210.6%), from €5,993 to €18,613
mainly Other debts (+€7,200) and Depreciation (+€4,534)
- Tangible fixed assets -€4,534
down €4,534 (-4.1%), from €110,478 to €105,944
- Other debts +€7,200
up €7,200 (+96.8%), from €7,435 to €14,635
- Reserves +€1,936
up €1,936 (+17.4%), from €11,108 to €13,044
of which Distributable reserves: +€1,936
- Gross operating margin +€577
up €577 (+5.2%), from €11,026 to €11,604
- Taxes +€194
up €194 (+25.5%), from €760 to €953
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 | €119,612 | €128,160 | +€8,548 | +7.1% |
| Fixed assets | 21/28 | €110,478 | €105,944 | -€4,534 | -4.1% |
| Tangible fixed assets | 22/27 | €110,478 | €105,944 | -€4,534 | -4.1% |
| Land and buildings | 22 | €110,478 | €105,944 | -€4,534 | -4.1% |
| Current assets | 29/58 | €9,135 | €22,217 | +€13,082 | +143.2% |
| Amounts receivable within one year | 40/41 | €2,864 | €3,603 | +€739 | +25.8% |
| Trade receivables | 40 | €2,751 | €3,205 | +€454 | +16.5% |
| Other amounts receivable | 41 | €113 | €399 | +€286 | +252.1% |
| Cash at bank and in hand | 54/58 | €5,993 | €18,613 | +€12,621 | +210.6% |
| Deferred charges and accrued income | 490/1 | €278 | - | -€278 | |
| Total equity and liabilities | 10/49 | €119,612 | €128,160 | +€8,548 | +7.1% |
| Equity | 10/15 | €29,708 | €31,644 | +€1,936 | +6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,108 | €13,044 | +€1,936 | +17.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €9,248 | €11,184 | +€1,936 | +20.9% |
| Amounts payable | 17/49 | €89,904 | €96,516 | +€6,612 | +7.4% |
| Amounts payable after more than one year | 17 | €79,000 | €79,000 | = | 0.0% |
| Financial debts | 170/4 | €79,000 | €79,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,071 | €14,751 | +€6,680 | +82.8% |
| Trade debts | 44 | €137 | - | -€137 | |
| Suppliers | 440/4 | €137 | - | -€137 | |
| Taxes, remuneration and social security | 45 | €499 | €116 | -€383 | -76.7% |
| Taxes | 450/3 | €499 | €116 | -€383 | -76.7% |
| Other amounts payable | 47/48 | €7,435 | €14,635 | +€7,200 | +96.8% |
| Accrued charges and deferred income | 492/3 | €2,833 | €2,765 | -€68 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,425 | €4,534 | +€109 | +2.5% |
| Other operating charges | 640/8 | €1,331 | €1,373 | +€42 | +3.1% |
| Gross operating margin | 9900 | €11,026 | €11,604 | +€577 | +5.2% |
| Operating profit (loss) | 9901 | €5,270 | €5,697 | +€426 | +8.1% |
| Financial charges | 65/66B | €2,833 | €2,807 | -€26 | -0.9% |
| Recurring financial charges | 65 | €2,833 | €2,807 | -€26 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €2,437 | €2,890 | +€453 | +18.6% |
| Income taxes | 67/77 | €760 | €953 | +€194 | +25.5% |
| Profit (loss) for the period | 9904 | €1,677 | €1,936 | +€259 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,677 | €1,936 | +€259 | +15.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.