PP SHOP: 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 SHOP
Largest movements
- Receivables within one year +€109,978
up €109,978 (+196.5%), from €55,978 to €165,956
of which Trade receivables: +€114,253
- Stocks and contracts +€90,666
up €90,666 (+7.9%), from €1.1m to €1.2m
- Cash +€52,811
up €52,811 (+18.0%), from €293,306 to €346,117
mainly Net result for the year (+€394,931) and Other debts (+€125,655)
- Deferred charges and accrued income +€50,507
up €50,507 (+270.6%), from €18,663 to €69,170
- Tangible fixed assets -€23,278
down €23,278 (-13.3%), from €175,473 to €152,196
of which Assets under construction and advance payments: -€49,984
- Other debts +€125,655
up €125,655 (+16.4%), from €765,053 to €890,708
- Tax, wage and social debts +€60,623
up €60,623 (+44.3%), from €136,884 to €197,507
of which Remuneration and social security: +€41,997
- Trade debts +€49,293
up €49,293 (+11.2%), from €439,955 to €489,248
- Current portion of long-term debt +€45,114
new in 2025: €45,114
- Staff costs +€123,170
up €123,170 (+17.4%), from €706,311 to €829,481
- Gross operating margin +€46,706
up €46,706 (+3.4%), from €1.4m to €1.4m
- Taxes -€18,167
down €18,167 (-11.6%), from €156,512 to €138,345
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 | €1,684,504 | €1,965,189 | +€280,685 | +16.7% |
| Fixed assets | 21/28 | €175,773 | €152,496 | -€23,278 | -13.2% |
| Tangible fixed assets | 22/27 | €175,473 | €152,196 | -€23,278 | -13.3% |
| Plant, machinery and equipment | 23 | €25,358 | €21,836 | -€3,522 | -13.9% |
| Furniture and vehicles | 24 | €8,041 | €3,041 | -€5,000 | -62.2% |
| Other tangible fixed assets | 26 | €92,091 | €127,318 | +€35,228 | +38.3% |
| Assets under construction and advance payments | 27 | €49,984 | - | -€49,984 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €1,508,731 | €1,812,694 | +€303,963 | +20.1% |
| Stocks and contracts in progress | 3 | €1,140,784 | €1,231,450 | +€90,666 | +7.9% |
| Stocks | 30/36 | €1,140,784 | €1,231,450 | +€90,666 | +7.9% |
| Amounts receivable within one year | 40/41 | €55,978 | €165,956 | +€109,978 | +196.5% |
| Trade receivables | 40 | €22,376 | €136,630 | +€114,253 | +510.6% |
| Other amounts receivable | 41 | €33,602 | €29,327 | -€4,275 | -12.7% |
| Cash at bank and in hand | 54/58 | €293,306 | €346,117 | +€52,811 | +18.0% |
| Deferred charges and accrued income | 490/1 | €18,663 | €69,170 | +€50,507 | +270.6% |
| Total equity and liabilities | 10/49 | €1,684,504 | €1,965,189 | +€280,685 | +16.7% |
| Equity | 10/15 | €342,612 | €342,612 | = | 0.0% |
| Contributions | 10/11 | €85,111 | €85,111 | = | 0.0% |
| Reserves | 13 | €257,500 | €257,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €5,048 | +€5,048 | |
| Reserves not available under the articles | 1311 | - | €5,048 | +€5,048 | |
| Distributable reserves | 133 | €257,500 | €252,453 | -€5,048 | -2.0% |
| Amounts payable | 17/49 | €1,341,892 | €1,622,578 | +€280,685 | +20.9% |
| Amounts payable within one year | 42/48 | €1,341,892 | €1,622,578 | +€280,685 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | - | €45,114 | +€45,114 | |
| Trade debts | 44 | €439,955 | €489,248 | +€49,293 | +11.2% |
| Suppliers | 440/4 | €439,955 | €489,248 | +€49,293 | +11.2% |
| Taxes, remuneration and social security | 45 | €136,884 | €197,507 | +€60,623 | +44.3% |
| Taxes | 450/3 | €39,587 | €58,212 | +€18,626 | +47.1% |
| Remuneration and social security | 454/9 | €97,298 | €139,295 | +€41,997 | +43.2% |
| Other amounts payable | 47/48 | €765,053 | €890,708 | +€125,655 | +16.4% |
| Remuneration, social security and pensions | 62 | €706,311 | €829,481 | +€123,170 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,851 | €35,177 | -€4,673 | -11.7% |
| Other operating charges | 640/8 | €7,936 | €8,919 | +€983 | +12.4% |
| Non-recurring operating charges | 66A | €213 | €8,596 | +€8,384 | +3938.6% |
| Gross operating margin | 9900 | €1,374,950 | €1,421,656 | +€46,706 | +3.4% |
| Operating profit (loss) | 9901 | €620,639 | €539,482 | -€81,156 | -13.1% |
| Financial income | 75/76B | €18,107 | €16,015 | -€2,092 | -11.6% |
| Recurring financial income | 75 | €18,107 | €16,015 | -€2,092 | -11.6% |
| Financial charges | 65/66B | €26,833 | €22,220 | -€4,613 | -17.2% |
| Recurring financial charges | 65 | €25,952 | €21,923 | -€4,028 | -15.5% |
| Non-recurring financial charges | 66B | €881 | €297 | -€584 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | €611,912 | €533,277 | -€78,636 | -12.9% |
| Income taxes | 67/77 | €156,512 | €138,345 | -€18,167 | -11.6% |
| Profit (loss) for the period | 9904 | €455,400 | €394,931 | -€60,469 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €455,400 | €394,931 | -€60,469 | -13.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.