PRODUCTIVITY ENGINEERING EUROPE: what changed
What changed
PRODUCTIVITY ENGINEERING EUROPE
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€34,012
2024 · €26,727+€7,284
Equity
€217,842
2024 · €198,936+€18,906
Cash
€16,692
2024 · €1,624+€15,068
Balance sheet total
€470,089
2024 · €437,125+€32,965
Largest movements
Assets
- Receivables within one year +€24,167
up €24,167 (+395%), from €6,120 to €30,287
of which Trade receivables: +€21,377
- Cash +€15,068
up €15,068 (+928%), from €1,624 to €16,692
mainly Net result for the year (+€34,012) and Trade debts (+€30,660)
- Tangible fixed assets -€8,327
down €8,327 (-2.0%), from €426,680 to €418,353
of which Land and buildings: -€9,897
Equity and liabilities
- Debts after one year -€46,515
down €46,515 (-28.3%), from €164,365 to €117,850
- Trade debts +€30,660
up €30,660 (+578%), from €5,308 to €35,968
- Reserves +€18,906
up €18,906 (+6.1%), from €308,756 to €327,663
- Other debts +€18,628
up €18,628 (+50.2%), from €37,130 to €55,758
- Tax, wage and social debts +€13,867
up €13,867 (+125%), from €11,129 to €24,996
of which Taxes: +€8,913
Income statement
- Gross operating margin +€20,929
up €20,929 (+28.2%), from €74,340 to €95,269
- Taxes +€7,576
up €7,576 (+53.5%), from €14,151 to €21,727
- Financial charges -€3,806
down €3,806 (-32.2%), from €11,836 to €8,030
of which Financial charges: -€3,928
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€26,727
Gross operating margin
+€20,929
Depreciation
-€733
Other operating charges
+€144
Other operating items
-€9,260
Financial income
-€25
Financial charges
+€3,806
Taxes
-€7,576
Result 2025
€34,012
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€92,112
Investment
-€12,442
Financing
-€64,602
Cash 2024
€1,624
From operations (derived)
+€92,112
Net result for the year
+€34,012
Depreciation
+€20,770
Receivables within one year
-€24,167
Deferred charges and accrued income
-€2,057
Trade debts
+€30,660
Tax, wage and social debts
+€13,867
Other debts
+€18,628
Accrued charges and deferred income
+€399
Investment (derived)
-€12,442
Investment in fixed assets (net)
-€12,442
Financing
-€64,602
Debts after one year
-€46,515
Current portion of long-term debt
-€2,965
Short-term financial debts
-€16
Contributions, distributions and other
-€15,105
Cash 2025
€16,692
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €437,125 | €470,089 | +€32,965 | +7.5% |
| Fixed assets | 21/28 | €426,680 | €418,353 | -€8,327 | -2.0% |
| Tangible fixed assets | 22/27 | €426,680 | €418,353 | -€8,327 | -2.0% |
| Land and buildings | 22 | €384,589 | €374,692 | -€9,897 | -2.6% |
| Plant, machinery and equipment | 23 | €17,726 | €16,422 | -€1,303 | -7.4% |
| Furniture and vehicles | 24 | €24,366 | €27,239 | +€2,873 | +11.8% |
| Current assets | 29/58 | €10,444 | €51,736 | +€41,292 | +395% |
| Amounts receivable within one year | 40/41 | €6,120 | €30,287 | +€24,167 | +395% |
| Trade receivables | 40 | €3,109 | €24,486 | +€21,377 | +688% |
| Other amounts receivable | 41 | €3,011 | €5,802 | +€2,791 | +92.7% |
| Cash at bank and in hand | 54/58 | €1,624 | €16,692 | +€15,068 | +928% |
| Deferred charges and accrued income | 490/1 | €2,700 | €4,757 | +€2,057 | +76.2% |
| Total equity and liabilities | 10/49 | €437,125 | €470,089 | +€32,965 | +7.5% |
| Equity | 10/15 | €198,936 | €217,842 | +€18,906 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €308,756 | €327,663 | +€18,906 | +6.1% |
| Distributable reserves | 133 | €308,756 | €327,663 | +€18,906 | +6.1% |
| Profit (loss) carried forward | 14 | -€128,421 | -€128,421 | = | 0.0% |
| Amounts payable | 17/49 | €238,189 | €252,248 | +€14,059 | +5.9% |
| Amounts payable after more than one year | 17 | €164,365 | €117,850 | -€46,515 | -28.3% |
| Financial debts | 170/4 | €164,365 | €117,850 | -€46,515 | -28.3% |
| Amounts payable within one year | 42/48 | €73,824 | €133,998 | +€60,174 | +81.5% |
| Current portion of amounts payable after more than one year | 42 | €14,741 | €11,776 | -€2,965 | -20.1% |
| Financial debts | 43 | €5,516 | €5,500 | -€16 | -0.3% |
| Credit institutions | 430/8 | €5,516 | €5,500 | -€16 | -0.3% |
| Trade debts | 44 | €5,308 | €35,968 | +€30,660 | +578% |
| Suppliers | 440/4 | €5,308 | €35,968 | +€30,660 | +578% |
| Taxes, remuneration and social security | 45 | €11,129 | €24,996 | +€13,867 | +125% |
| Taxes | 450/3 | €9,044 | €17,958 | +€8,913 | +98.5% |
| Remuneration and social security | 454/9 | €2,085 | €7,039 | +€4,954 | +238% |
| Other amounts payable | 47/48 | €37,130 | €55,758 | +€18,628 | +50.2% |
| Accrued charges and deferred income | 492/3 | - | €399 | +€399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,036 | €20,770 | +€733 | +3.7% |
| Other operating charges | 640/8 | €1,618 | €1,475 | -€144 | -8.9% |
| Non-recurring operating charges | 66A | - | €9,260 | +€9,260 | |
| Gross operating margin | 9900 | €74,340 | €95,269 | +€20,929 | +28.2% |
| Operating profit (loss) | 9901 | €52,685 | €63,764 | +€11,079 | +21.0% |
| Financial income | 75/76B | €29 | €4 | -€25 | -86.5% |
| Recurring financial income | 75 | €29 | €4 | -€25 | -86.5% |
| Financial charges | 65/66B | €11,836 | €8,030 | -€3,806 | -32.2% |
| Recurring financial charges | 65 | €11,836 | €7,908 | -€3,928 | -33.2% |
| Non-recurring financial charges | 66B | - | €122 | +€122 | |
| Profit (loss) for the period before taxes | 9903 | €40,878 | €55,739 | +€14,860 | +36.4% |
| Income taxes | 67/77 | €14,151 | €21,727 | +€7,576 | +53.5% |
| Profit (loss) for the period | 9904 | €26,727 | €34,012 | +€7,284 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,727 | €34,012 | +€7,284 | +27.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.