PPY Consultancy: 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.
PPY Consultancy
Largest movements
- Cash +€162,526
up €162,526 (+65,125%), from €250 to €162,775
mainly Net result for the year (+€138,221) and Other debts (+€117,656)
- Current investments -€75,000
down €75,000 (-100%), from €75,000 to €0
- Receivables within one year -€42,391
down €42,391 (-55.1%), from €76,998 to €34,607
of which Trade receivables: -€21,228
- Deferred charges and accrued income -€2,953
down €2,953 (-93.6%), from €3,156 to €203
- Other debts +€117,656
up €117,656 (+124%), from €95,110 to €212,766
- Reserves -€72,311
down €72,311 (-100%), from €72,311 to €0
- Tax, wage and social debts -€7,692
down €7,692 (-52.1%), from €14,761 to €7,068
- Trade debts +€5,002
up €5,002 (+1,100%), from €455 to €5,457
- Gross operating margin +€62,263
up €62,263 (+50.6%), from €122,962 to €185,225
- Taxes +€15,443
up €15,443 (+57.6%), from €26,824 to €42,267
- Depreciation +€3,335
up €3,335 (+326%), from €1,024 to €4,359
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.
Derived cash bridge
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 | €184,663 | €227,304 | +€42,641 | +23.1% |
| Fixed assets | 21/28 | €29,260 | €29,719 | +€459 | +1.6% |
| Tangible fixed assets | 22/27 | €29,010 | €29,469 | +€459 | +1.6% |
| Other tangible fixed assets | 26 | €29,010 | €29,469 | +€459 | +1.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €155,404 | €197,585 | +€42,181 | +27.1% |
| Amounts receivable within one year | 40/41 | €76,998 | €34,607 | -€42,391 | -55.1% |
| Trade receivables | 40 | €55,835 | €34,607 | -€21,228 | -38.0% |
| Other amounts receivable | 41 | €21,163 | €0 | -€21,163 | -100% |
| Current investments | 50/53 | €75,000 | €0 | -€75,000 | -100% |
| Cash at bank and in hand | 54/58 | €250 | €162,775 | +€162,526 | +65,125% |
| Deferred charges and accrued income | 490/1 | €3,156 | €203 | -€2,953 | -93.6% |
| Total equity and liabilities | 10/49 | €184,663 | €227,304 | +€42,641 | +23.1% |
| Equity | 10/15 | €74,311 | €2,000 | -€72,311 | -97.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €72,311 | €0 | -€72,311 | -100% |
| Distributable reserves | 133 | €72,311 | €0 | -€72,311 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €110,352 | €225,304 | +€114,952 | +104% |
| Amounts payable within one year | 42/48 | €110,326 | €225,292 | +€114,966 | +104% |
| Trade debts | 44 | €455 | €5,457 | +€5,002 | +1,100% |
| Suppliers | 440/4 | €455 | €5,457 | +€5,002 | +1,100% |
| Taxes, remuneration and social security | 45 | €14,761 | €7,068 | -€7,692 | -52.1% |
| Taxes | 450/3 | €14,761 | €7,068 | -€7,692 | -52.1% |
| Other amounts payable | 47/48 | €95,110 | €212,766 | +€117,656 | +124% |
| Accrued charges and deferred income | 492/3 | €26 | €12 | -€14 | -52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,024 | €4,359 | +€3,335 | +326% |
| Other operating charges | 640/8 | €529 | €570 | +€41 | +7.8% |
| Gross operating margin | 9900 | €122,962 | €185,225 | +€62,263 | +50.6% |
| Operating profit (loss) | 9901 | €121,409 | €180,296 | +€58,887 | +48.5% |
| Financial income | 75/76B | €113 | €606 | +€494 | +439% |
| Recurring financial income | 75 | €113 | €606 | +€494 | +439% |
| Financial charges | 65/66B | €1,043 | €415 | -€629 | -60.3% |
| Recurring financial charges | 65 | €1,043 | €415 | -€629 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | €120,478 | €180,488 | +€60,010 | +49.8% |
| Income taxes | 67/77 | €26,824 | €42,267 | +€15,443 | +57.6% |
| Profit (loss) for the period | 9904 | €93,655 | €138,221 | +€44,567 | +47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €93,655 | €138,221 | +€44,567 | +47.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.