PP RETAIL SERVICES: 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.
What changed
PP RETAIL SERVICES
NACE 73.300, Public relations and communication consultancy
financial year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€124,375
2025 · €74,027+€50,347
Equity
-€407,944
2025 · -€532,318+€124,375
Cash
€0
2025 · €0
Balance sheet total
€6.1m
2025 · €6.1m-€33,264
Largest movements
Assets
- Receivables within one year +€276,373
up €276,373 (+7.5%), from €3.7m to €4.0m
of which Trade receivables: +€300,424
- Tangible fixed assets -€243,257
down €243,257 (-27.0%), from €901,811 to €658,553
of which Plant, machinery and equipment: -€123,569
- Intangible fixed assets -€75,460
down €75,460 (-5.4%), from €1.4m to €1.3m
Equity and liabilities
- Other debts -€342,567
down €342,567 (-8.5%), from €4.0m to €3.7m
- Trade debts +€233,361
up €233,361 (+12.7%), from €1.8m to €2.1m
- Profit (loss) carried forward +€124,375
up €124,375 (+22.5%), from -€552,778 to -€428,404
- Accrued charges and deferred income -€82,860
down €82,860 (-25.0%), from €330,916 to €248,056
Income statement
- Turnover +€649,399
up €649,399 (+9.5%), from €6.8m to €7.5m
- Other operating income -€305,776
down €305,776 (-60.6%), from €504,498 to €198,722
- Provisions +€125,000
no longer reported in 2026 (was -€125,000)
- Depreciation +€97,646
up €97,646 (+13.3%), from €735,418 to €833,064
- Staff costs -€95,347
down €95,347 (-3.9%), from €2.4m to €2.3m
From the 2025 result to the 2026 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.
Result 2025
€74,027
Turnover
+€649,399
Other operating income
-€305,776
Services and other goods
-€41,485
Staff costs
+€95,347
Depreciation
-€97,646
Provisions
-€125,000
Other operating charges
+€1,154
Other operating items
-€57,759
Financial income
+€0
Financial charges
+€2,929
Taxes
-€70,817
Result 2026
€124,375
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€519,516
Investment
-€514,347
Financing
-€5,169
Cash 2025
€0
From operations (derived)
+€519,516
Net result for the year
+€124,375
Depreciation
+€833,064
Receivables within one year
-€276,373
Deferred charges and accrued income
-€9,080
Trade debts
+€233,361
Tax, wage and social debts
+€39,597
Other debts
-€342,567
Accrued charges and deferred income
-€82,860
Investment (derived)
-€514,347
Investment in fixed assets (net)
-€514,347
Financing
-€5,169
Short-term financial debts
-€5,169
Cash 2026
€0
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,148,051 | €6,114,787 | -€33,264 | -0.5% |
| Fixed assets | 21/28 | €2,301,385 | €1,982,668 | -€318,717 | -13.8% |
| Intangible fixed assets | 21 | €1,398,538 | €1,323,078 | -€75,460 | -5.4% |
| Tangible fixed assets | 22/27 | €901,811 | €658,553 | -€243,257 | -27.0% |
| Plant, machinery and equipment | 23 | €442,647 | €319,078 | -€123,569 | -27.9% |
| Furniture and vehicles | 24 | €102,598 | €87,219 | -€15,379 | -15.0% |
| Other tangible fixed assets | 26 | €316,739 | €247,614 | -€69,125 | -21.8% |
| Assets under construction and advance payments | 27 | €39,827 | €4,643 | -€35,184 | -88.3% |
| Financial fixed assets | 28 | €1,036 | €1,036 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,036 | €1,036 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,036 | €1,036 | = | 0.0% |
| Current assets | 29/58 | €3,846,665 | €4,132,119 | +€285,453 | +7.4% |
| Amounts receivable within one year | 40/41 | €3,675,283 | €3,951,656 | +€276,373 | +7.5% |
| Trade receivables | 40 | €3,625,684 | €3,926,108 | +€300,424 | +8.3% |
| Other amounts receivable | 41 | €49,599 | €25,548 | -€24,051 | -48.5% |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | |
| Deferred charges and accrued income | 490/1 | €171,383 | €180,463 | +€9,080 | +5.3% |
| Total equity and liabilities | 10/49 | €6,148,051 | €6,114,787 | -€33,264 | -0.5% |
| Equity | 10/15 | -€532,318 | -€407,944 | +€124,375 | +23.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€552,778 | -€428,404 | +€124,375 | +22.5% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Amounts payable | 17/49 | €6,680,369 | €6,522,730 | -€157,639 | -2.4% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | €0 | = | |
| Credit institutions | 173 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €6,349,453 | €6,274,674 | -€74,779 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Financial debts | 43 | €150,721 | €145,553 | -€5,169 | -3.4% |
| Credit institutions | 430/8 | €150,721 | €145,553 | -€5,169 | -3.4% |
| Trade debts | 44 | €1,834,119 | €2,067,480 | +€233,361 | +12.7% |
| Suppliers | 440/4 | €1,834,119 | €2,067,480 | +€233,361 | +12.7% |
| Taxes, remuneration and social security | 45 | €335,124 | €374,721 | +€39,597 | +11.8% |
| Taxes | 450/3 | €38,330 | €31,027 | -€7,302 | -19.1% |
| Remuneration and social security | 454/9 | €296,794 | €343,693 | +€46,899 | +15.8% |
| Other amounts payable | 47/48 | €4,029,488 | €3,686,920 | -€342,567 | -8.5% |
| Accrued charges and deferred income | 492/3 | €330,916 | €248,056 | -€82,860 | -25.0% |
| Operating income | 70/76A | €7,571,172 | €7,862,644 | +€291,472 | +3.8% |
| Turnover | 70 | €6,834,202 | €7,483,601 | +€649,399 | +9.5% |
| Own construction capitalised | 72 | €203,936 | €177,249 | -€26,688 | -13.1% |
| Other operating income | 74 | €504,498 | €198,722 | -€305,776 | -60.6% |
| Non-recurring operating income | 76A | €28,536 | €3,073 | -€25,463 | -89.2% |
| Operating charges | 60/66A | €7,436,731 | €7,609,969 | +€173,238 | +2.3% |
| Services and other goods | 61 | €4,381,596 | €4,423,081 | +€41,485 | +0.9% |
| Remuneration, social security and pensions | 62 | €2,440,153 | €2,344,806 | -€95,347 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €735,418 | €833,064 | +€97,646 | +13.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€125,000 | - | +€125,000 | |
| Other operating charges | 640/8 | €4,560 | €3,406 | -€1,154 | -25.3% |
| Non-recurring operating charges | 66A | €3 | €5,611 | +€5,608 | +182675.9% |
| Operating profit (loss) | 9901 | €134,442 | €252,676 | +€118,234 | +87.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €40,013 | €37,084 | -€2,929 | -7.3% |
| Recurring financial charges | 65 | €40,013 | €37,084 | -€2,929 | -7.3% |
| Debt charges | 650 | €39,182 | €36,401 | -€2,781 | -7.1% |
| Other financial charges | 652/9 | €832 | €683 | -€149 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €94,428 | €215,592 | +€121,164 | +128.3% |
| Income taxes | 67/77 | €20,401 | €91,218 | +€70,817 | +347.1% |
| Taxes | 670/3 | €20,401 | €91,218 | +€70,817 | +347.1% |
| Profit (loss) for the period | 9904 | €74,027 | €124,375 | +€50,347 | +68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €74,027 | €124,375 | +€50,347 | +68.0% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.