PP HOLDING: 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 HOLDING
Largest movements
- Receivables after one year -€688,000
down €688,000 (-100.0%), from €688,000 to €0
- Receivables within one year +€308,388
up €308,388 (+295.6%), from €104,314 to €412,702
of which Other amounts receivable: +€284,278
- Debts after one year -€732,014
down €732,014 (-69.6%), from €1.1m to €319,993
of which Other amounts payable: -€688,000
- Reserves +€220,803
up €220,803 (+45.4%), from €485,984 to €706,787
of which Distributable reserves: +€220,803
- Other debts +€116,320
up €116,320 (+516.3%), from €22,530 to €138,850
- Financial income +€166,019
up €166,019 (+198.1%), from €83,821 to €249,840
- Taxes +€16,148
up €16,148 (+272.2%), from €5,932 to €22,080
- Financial charges -€7,444
down €7,444 (-52.2%), from €14,266 to €6,822
- Gross operating margin +€3,910
up €3,910, from -€1,117 to €2,793
- Other operating charges -€256
down €256 (-8.1%), from €3,184 to €2,928
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 | €3,883,104 | €3,498,618 | -€384,487 | -9.9% |
| Fixed assets | 21/28 | €3,052,475 | €3,052,475 | = | 0.0% |
| Tangible fixed assets | 22/27 | €549,587 | €549,587 | = | 0.0% |
| Land and buildings | 22 | €549,587 | €549,587 | = | 0.0% |
| Financial fixed assets | 28 | €2,502,888 | €2,502,888 | = | 0.0% |
| Current assets | 29/58 | €830,630 | €446,143 | -€384,487 | -46.3% |
| Amounts receivable after more than one year | 29 | €688,000 | €0 | -€688,000 | -100.0% |
| Other amounts receivable | 291 | €688,000 | €0 | -€688,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €104,314 | €412,702 | +€308,388 | +295.6% |
| Trade receivables | 40 | €10,115 | €34,225 | +€24,110 | +238.4% |
| Other amounts receivable | 41 | €94,199 | €378,477 | +€284,278 | +301.8% |
| Cash at bank and in hand | 54/58 | €8,979 | €30,280 | +€21,301 | +237.2% |
| Deferred charges and accrued income | 490/1 | €29,336 | €3,160 | -€26,176 | -89.2% |
| Total equity and liabilities | 10/49 | €3,883,104 | €3,498,618 | -€384,487 | -9.9% |
| Equity | 10/15 | €2,747,384 | €2,968,187 | +€220,803 | +8.0% |
| Contributions | 10/11 | €2,261,400 | €2,261,400 | = | 0.0% |
| Reserves | 13 | €485,984 | €706,787 | +€220,803 | +45.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €485,984 | €706,787 | +€220,803 | +45.4% |
| Amounts payable | 17/49 | €1,135,721 | €530,431 | -€605,290 | -53.3% |
| Amounts payable after more than one year | 17 | €1,052,007 | €319,993 | -€732,014 | -69.6% |
| Financial debts | 170/4 | €364,007 | €319,993 | -€44,014 | -12.1% |
| Other amounts payable | 178/9 | €688,000 | €0 | -€688,000 | -100.0% |
| Amounts payable within one year | 42/48 | €81,828 | €208,450 | +€126,621 | +154.7% |
| Current portion of amounts payable after more than one year | 42 | €43,328 | €44,014 | +€686 | +1.6% |
| Trade debts | 44 | €9,160 | €3,465 | -€5,695 | -62.2% |
| Suppliers | 440/4 | €9,160 | €3,465 | -€5,695 | -62.2% |
| Taxes, remuneration and social security | 45 | €6,810 | €22,120 | +€15,310 | +224.8% |
| Taxes | 450/3 | €6,810 | €22,120 | +€15,310 | +224.8% |
| Other amounts payable | 47/48 | €22,530 | €138,850 | +€116,320 | +516.3% |
| Accrued charges and deferred income | 492/3 | €1,885 | €1,988 | +€103 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €3,184 | €2,928 | -€256 | -8.1% |
| Gross operating margin | 9900 | -€1,117 | €2,793 | +€3,910 | |
| Operating profit (loss) | 9901 | -€4,301 | -€135 | +€4,166 | +96.9% |
| Financial income | 75/76B | €83,821 | €249,840 | +€166,019 | +198.1% |
| Recurring financial income | 75 | €83,821 | €249,840 | +€166,019 | +198.1% |
| Financial charges | 65/66B | €14,266 | €6,822 | -€7,444 | -52.2% |
| Recurring financial charges | 65 | €14,266 | €6,822 | -€7,444 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | €65,255 | €242,884 | +€177,629 | +272.2% |
| Income taxes | 67/77 | €5,932 | €22,080 | +€16,148 | +272.2% |
| Profit (loss) for the period | 9904 | €59,322 | €220,803 | +€161,481 | +272.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,322 | €220,803 | +€161,481 | +272.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.