PP CONSTRUCT: 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.
PP CONSTRUCT
Largest movements
- Cash +€7,467
up €7,467 (+51.3%), from €14,560 to €22,028
mainly Net result for the year (+€12,218) and Tax, wage and social debts (+€2,944)
- Deferred charges and accrued income +€1,437
up €1,437 (+216.6%), from €664 to €2,101
- Receivables within one year -€1,115
down €1,115 (-27.3%), from €4,084 to €2,968
of which Other amounts receivable: -€1,533
- Reserves +€12,218
up €12,218, from €0 to €12,218
- Other debts -€8,573
down €8,573 (-24.0%), from €35,705 to €27,131
- Tax, wage and social debts +€2,944
up €2,944 (+107.9%), from €2,728 to €5,672
of which Taxes: +€3,342
- Trade debts +€1,013
up €1,013 (+74.8%), from €1,354 to €2,367
- Gross operating margin +€7,875
up €7,875 (+67.8%), from €11,614 to €19,488
- Taxes +€1,905
up €1,905 (+51.6%), from €3,695 to €5,600
- Other operating charges -€485
down €485 (-38.2%), from €1,268 to €783
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 | €46,226 | €53,588 | +€7,362 | +15.9% |
| Fixed assets | 21/28 | €26,918 | €26,491 | -€427 | -1.6% |
| Tangible fixed assets | 22/27 | €26,893 | €26,466 | -€427 | -1.6% |
| Land and buildings | 22 | €26,893 | €26,466 | -€427 | -1.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €19,308 | €27,097 | +€7,789 | +40.3% |
| Amounts receivable within one year | 40/41 | €4,084 | €2,968 | -€1,115 | -27.3% |
| Trade receivables | 40 | €0 | €417 | +€417 | |
| Other amounts receivable | 41 | €4,084 | €2,551 | -€1,533 | -37.5% |
| Cash at bank and in hand | 54/58 | €14,560 | €22,028 | +€7,467 | +51.3% |
| Deferred charges and accrued income | 490/1 | €664 | €2,101 | +€1,437 | +216.6% |
| Total equity and liabilities | 10/49 | €46,226 | €53,588 | +€7,362 | +15.9% |
| Equity | 10/15 | €6,200 | €18,418 | +€12,218 | +197.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €0 | €12,218 | +€12,218 | |
| Distributable reserves | 133 | €0 | €12,218 | +€12,218 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,026 | €35,171 | -€4,855 | -12.1% |
| Amounts payable within one year | 42/48 | €39,787 | €35,171 | -€4,616 | -11.6% |
| Trade debts | 44 | €1,354 | €2,367 | +€1,013 | +74.8% |
| Suppliers | 440/4 | €1,354 | €2,367 | +€1,013 | +74.8% |
| Taxes, remuneration and social security | 45 | €2,728 | €5,672 | +€2,944 | +107.9% |
| Taxes | 450/3 | €2,330 | €5,672 | +€3,342 | +143.4% |
| Remuneration and social security | 454/9 | €398 | €0 | -€398 | -100.0% |
| Other amounts payable | 47/48 | €35,705 | €27,131 | -€8,573 | -24.0% |
| Accrued charges and deferred income | 492/3 | €239 | €0 | -€239 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €427 | €427 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,268 | €783 | -€485 | -38.2% |
| Non-recurring operating charges | 66A | €1,927 | €0 | -€1,927 | -100.0% |
| Gross operating margin | 9900 | €11,614 | €19,488 | +€7,875 | +67.8% |
| Operating profit (loss) | 9901 | €7,992 | €18,279 | +€10,287 | +128.7% |
| Financial income | 75/76B | €2 | €0 | -€2 | -90.8% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -90.8% |
| Financial charges | 65/66B | €621 | €461 | -€159 | -25.7% |
| Recurring financial charges | 65 | €621 | €461 | -€159 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €7,374 | €17,817 | +€10,444 | +141.6% |
| Income taxes | 67/77 | €3,695 | €5,600 | +€1,905 | +51.6% |
| Profit (loss) for the period | 9904 | €3,679 | €12,218 | +€8,539 | +232.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,679 | €12,218 | +€8,539 | +232.1% |
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 8 October 2026 via checked.be.