PKOD Projects: 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.
PKOD Projects
Largest movements
- Cash +€112,898
up €112,898 (+2,079%), from €5,431 to €118,328
mainly Trade debts (+€56,275) and Deferred charges and accrued income (+€44,811)
- Deferred charges and accrued income -€44,811
down €44,811 (-40.6%), from €110,412 to €65,601
- Receivables within one year +€2,986
up €2,986 (+228%), from €1,311 to €4,296
of which Trade receivables: +€3,949
- Trade debts +€56,275
up €56,275 (+237%), from €23,772 to €80,047
- Profit (loss) carried forward +€23,353
up €23,353 (+40.5%), from €57,709 to €81,062
- Accrued charges and deferred income -€11,778
down €11,778 (-42.2%), from €27,911 to €16,133
- Tax, wage and social debts +€3,198
new in 2025: €3,198
- Gross operating margin +€19,454
up €19,454 (+92.6%), from €20,999 to €40,454
- Other operating charges +€6,648
up €6,648 (+346%), from €1,923 to €8,571
- Taxes +€4,161
up €4,161 (+103%), from €4,037 to €8,198
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 | €117,153 | €188,226 | +€71,073 | +60.7% |
| Current assets | 29/58 | €117,153 | €188,226 | +€71,073 | +60.7% |
| Amounts receivable within one year | 40/41 | €1,311 | €4,296 | +€2,986 | +228% |
| Trade receivables | 40 | €347 | €4,296 | +€3,949 | +1,137% |
| Other amounts receivable | 41 | €963 | - | -€963 | |
| Cash at bank and in hand | 54/58 | €5,431 | €118,328 | +€112,898 | +2,079% |
| Deferred charges and accrued income | 490/1 | €110,412 | €65,601 | -€44,811 | -40.6% |
| Total equity and liabilities | 10/49 | €117,153 | €188,226 | +€71,073 | +60.7% |
| Equity | 10/15 | €64,409 | €87,762 | +€23,353 | +36.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,709 | €81,062 | +€23,353 | +40.5% |
| Amounts payable | 17/49 | €52,744 | €100,464 | +€47,719 | +90.5% |
| Amounts payable within one year | 42/48 | €24,834 | €84,331 | +€59,497 | +240% |
| Trade debts | 44 | €23,772 | €80,047 | +€56,275 | +237% |
| Suppliers | 440/4 | €23,772 | €80,047 | +€56,275 | +237% |
| Taxes, remuneration and social security | 45 | - | €3,198 | +€3,198 | |
| Taxes | 450/3 | - | €3,198 | +€3,198 | |
| Other amounts payable | 47/48 | €1,061 | €1,086 | +€25 | +2.3% |
| Accrued charges and deferred income | 492/3 | €27,911 | €16,133 | -€11,778 | -42.2% |
| Other operating charges | 640/8 | €1,923 | €8,571 | +€6,648 | +346% |
| Non-recurring operating charges | 66A | €2,970 | - | -€2,970 | |
| Gross operating margin | 9900 | €20,999 | €40,454 | +€19,454 | +92.6% |
| Operating profit (loss) | 9901 | €16,107 | €31,883 | +€15,776 | +97.9% |
| Financial income | 75/76B | €43 | €0 | -€43 | -99.9% |
| Recurring financial income | 75 | €43 | €0 | -€43 | -99.9% |
| Financial charges | 65/66B | €628 | €332 | -€296 | -47.1% |
| Recurring financial charges | 65 | €628 | €332 | -€296 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €15,522 | €31,551 | +€16,029 | +103% |
| Income taxes | 67/77 | €4,037 | €8,198 | +€4,161 | +103% |
| Profit (loss) for the period | 9904 | €11,485 | €23,353 | +€11,868 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €11,485 | €23,353 | +€11,868 | +103% |
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 13 October 2026 via checked.be.