PPH SERVICES: 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.
PPH SERVICES
Largest movements
- Receivables within one year +€3,890
up €3,890 (+65.4%), from €5,946 to €9,836
of which Other amounts receivable: +€3,080
- Cash -€2,687
down €2,687 (-80.6%), from €3,335 to €648
mainly Contributions, distributions and other (-€5,000) and Receivables within one year (-€3,890)
- Tangible fixed assets -€1,442
down €1,442 (-66.4%), from €2,173 to €731
- Stocks and contracts -€1,378
down €1,378 (-5.6%), from €24,716 to €23,337
- Deferred charges and accrued income +€513
up €513 (+37.9%), from €1,354 to €1,868
- Tax, wage and social debts -€1,498
down €1,498 (-22.2%), from €6,732 to €5,235
- Other debts -€1,242
down €1,242 (-19.9%), from €6,242 to €5,000
- Reserves +€1,093
new in 2025: €1,093
- Trade debts +€543
up €543 (+23.4%), from €2,320 to €2,862
- Gross operating margin -€14,359
down €14,359 (-63.3%), from €22,700 to €8,341
- Taxes -€3,342
down €3,342 (-86.5%), from €3,863 to €521
- Financial income +€644
up €644 (+6435300.0%), from €0 to €644
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 | €37,524 | €36,421 | -€1,104 | -2.9% |
| Fixed assets | 21/28 | €2,173 | €731 | -€1,442 | -66.4% |
| Tangible fixed assets | 22/27 | €2,173 | €731 | -€1,442 | -66.4% |
| Plant, machinery and equipment | 23 | €2,173 | €731 | -€1,442 | -66.4% |
| Current assets | 29/58 | €35,352 | €35,690 | +€338 | +1.0% |
| Stocks and contracts in progress | 3 | €24,716 | €23,337 | -€1,378 | -5.6% |
| Stocks | 30/36 | €24,716 | €23,337 | -€1,378 | -5.6% |
| Amounts receivable within one year | 40/41 | €5,946 | €9,836 | +€3,890 | +65.4% |
| Trade receivables | 40 | - | €810 | +€810 | |
| Other amounts receivable | 41 | €5,946 | €9,026 | +€3,080 | +51.8% |
| Cash at bank and in hand | 54/58 | €3,335 | €648 | -€2,687 | -80.6% |
| Deferred charges and accrued income | 490/1 | €1,354 | €1,868 | +€513 | +37.9% |
| Total equity and liabilities | 10/49 | €37,524 | €36,421 | -€1,104 | -2.9% |
| Equity | 10/15 | €22,230 | €23,324 | +€1,093 | +4.9% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | - | €1,093 | +€1,093 | |
| Distributable reserves | 133 | - | €1,093 | +€1,093 | |
| Profit (loss) carried forward | 14 | €21,630 | €21,630 | = | 0.0% |
| Amounts payable | 17/49 | €15,294 | €13,097 | -€2,197 | -14.4% |
| Amounts payable within one year | 42/48 | €15,294 | €13,097 | -€2,197 | -14.4% |
| Trade debts | 44 | €2,320 | €2,862 | +€543 | +23.4% |
| Suppliers | 440/4 | €2,320 | €2,862 | +€543 | +23.4% |
| Taxes, remuneration and social security | 45 | €6,732 | €5,235 | -€1,498 | -22.2% |
| Taxes | 450/3 | €6,732 | €5,235 | -€1,498 | -22.2% |
| Other amounts payable | 47/48 | €6,242 | €5,000 | -€1,242 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,498 | €1,442 | -€56 | -3.8% |
| Other operating charges | 640/8 | €714 | €732 | +€17 | +2.4% |
| Non-recurring operating charges | 66A | €208 | - | -€208 | |
| Gross operating margin | 9900 | €22,700 | €8,341 | -€14,359 | -63.3% |
| Operating profit (loss) | 9901 | €20,279 | €6,167 | -€14,112 | -69.6% |
| Financial income | 75/76B | €0 | €644 | +€644 | +6435300.0% |
| Recurring financial income | 75 | €0 | €644 | +€644 | +6435300.0% |
| Financial charges | 65/66B | €359 | €197 | -€162 | -45.2% |
| Recurring financial charges | 65 | €359 | €197 | -€162 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €19,920 | €6,614 | -€13,306 | -66.8% |
| Income taxes | 67/77 | €3,863 | €521 | -€3,342 | -86.5% |
| Profit (loss) for the period | 9904 | €16,058 | €6,093 | -€9,964 | -62.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,058 | €6,093 | -€9,964 | -62.1% |
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 30 September 2026 via checked.be.