PPTrade: 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.
PPTrade
Largest movements
- Receivables within one year -€22,501
down €22,501 (-49.3%), from €45,620 to €23,119
of which Trade receivables: -€18,896
- Deferred charges and accrued income +€2,534
new in 2025: €2,534
- Tangible fixed assets -€1,674
down €1,674 (-51.5%), from €3,250 to €1,575
of which Plant, machinery and equipment: -€1,321
- Profit (loss) carried forward -€15,933
down €15,933 (-26.8%), from €59,516 to €43,583
- Short-term financial debts -€3,360
down €3,360 (-87.1%), from €3,857 to €497
- Trade debts -€1,594
down €1,594 (-28.7%), from €5,551 to €3,957
- Tax, wage and social debts -€907
down €907 (-29.1%), from €3,118 to €2,211
of which Taxes: -€919
- Other operating charges +€22,335
up €22,335 (+16887.1%), from €132 to €22,467
- Gross operating margin -€1,497
down €1,497 (-9.8%), from €15,324 to €13,826
- Financial charges +€692
up €692 (+87.1%), from €794 to €1,485
of which Financial charges: +€695
- Depreciation -€316
down €316 (-15.9%), from €1,991 to €1,674
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 | €80,291 | €58,498 | -€21,793 | -27.1% |
| Fixed assets | 21/28 | €3,250 | €1,575 | -€1,674 | -51.5% |
| Tangible fixed assets | 22/27 | €3,250 | €1,575 | -€1,674 | -51.5% |
| Plant, machinery and equipment | 23 | €2,412 | €1,090 | -€1,321 | -54.8% |
| Furniture and vehicles | 24 | €838 | €485 | -€353 | -42.1% |
| Current assets | 29/58 | €77,041 | €56,922 | -€20,119 | -26.1% |
| Stocks and contracts in progress | 3 | €31,421 | €31,268 | -€153 | -0.5% |
| Stocks | 30/36 | €31,421 | €31,268 | -€153 | -0.5% |
| Amounts receivable within one year | 40/41 | €45,620 | €23,119 | -€22,501 | -49.3% |
| Trade receivables | 40 | €41,038 | €22,142 | -€18,896 | -46.0% |
| Other amounts receivable | 41 | €4,583 | €978 | -€3,605 | -78.7% |
| Cash at bank and in hand | 54/58 | - | €1 | +€1 | |
| Deferred charges and accrued income | 490/1 | - | €2,534 | +€2,534 | |
| Total equity and liabilities | 10/49 | €80,291 | €58,498 | -€21,793 | -27.1% |
| Equity | 10/15 | €67,766 | €51,833 | -€15,933 | -23.5% |
| Contributions | 10/11 | €8,250 | €8,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,516 | €43,583 | -€15,933 | -26.8% |
| Amounts payable | 17/49 | €12,526 | €6,665 | -€5,861 | -46.8% |
| Amounts payable within one year | 42/48 | €12,526 | €6,665 | -€5,861 | -46.8% |
| Financial debts | 43 | €3,857 | €497 | -€3,360 | -87.1% |
| Credit institutions | 430/8 | €3,857 | €497 | -€3,360 | -87.1% |
| Trade debts | 44 | €5,551 | €3,957 | -€1,594 | -28.7% |
| Suppliers | 440/4 | €5,551 | €3,957 | -€1,594 | -28.7% |
| Taxes, remuneration and social security | 45 | €3,118 | €2,211 | -€907 | -29.1% |
| Taxes | 450/3 | €3,118 | €2,199 | -€919 | -29.5% |
| Remuneration and social security | 454/9 | - | €12 | +€12 | |
| Remuneration, social security and pensions | 62 | - | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,991 | €1,674 | -€316 | -15.9% |
| Other operating charges | 640/8 | €132 | €22,467 | +€22,335 | +16887.1% |
| Gross operating margin | 9900 | €15,324 | €13,826 | -€1,497 | -9.8% |
| Operating profit (loss) | 9901 | €13,201 | -€10,327 | -€23,528 | |
| Financial income | 75/76B | - | €40 | +€40 | |
| Recurring financial income | 75 | - | €40 | +€40 | |
| Financial charges | 65/66B | €794 | €1,485 | +€692 | +87.1% |
| Recurring financial charges | 65 | €790 | €1,485 | +€695 | +88.0% |
| Non-recurring financial charges | 66B | €4 | €0 | -€4 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €12,407 | -€11,772 | -€24,179 | |
| Income taxes | 67/77 | €4,055 | €4,161 | +€106 | +2.6% |
| Profit (loss) for the period | 9904 | €8,353 | -€15,933 | -€24,285 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,353 | -€15,933 | -€24,285 |
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 2 October 2026 via checked.be.