PT Development: 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.
PT Development
Largest movements
- Cash +€78,923
up €78,923 (+122.3%), from €64,534 to €143,457
mainly Net result for the year (+€194,218) and Other debts (+€186,432)
- Tangible fixed assets -€38,609
down €38,609 (-4.5%), from €853,615 to €815,006
- Current investments +€37,500
up €37,500 (+75.0%), from €50,000 to €87,500
- Other debts +€186,432
up €186,432 (+1484.1%), from €12,562 to €198,994
- Debts after one year -€79,698
down €79,698 (-16.6%), from €481,442 to €401,744
- Profit (loss) carried forward -€24,517
down €24,517 (-11.2%), from €218,734 to €194,218
- Other operating charges -€3,142
down €3,142 (-74.8%), from €4,203 to €1,060
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 | €989,666 | €1,071,786 | +€82,119 | +8.3% |
| Fixed assets | 21/28 | €853,615 | €815,006 | -€38,609 | -4.5% |
| Tangible fixed assets | 22/27 | €853,615 | €815,006 | -€38,609 | -4.5% |
| Land and buildings | 22 | €853,615 | €815,006 | -€38,609 | -4.5% |
| Current assets | 29/58 | €136,052 | €256,779 | +€120,728 | +88.7% |
| Amounts receivable within one year | 40/41 | €20,577 | €25,426 | +€4,849 | +23.6% |
| Trade receivables | 40 | €7,679 | €828 | -€6,851 | -89.2% |
| Other amounts receivable | 41 | €12,898 | €24,598 | +€11,700 | +90.7% |
| Current investments | 50/53 | €50,000 | €87,500 | +€37,500 | +75.0% |
| Cash at bank and in hand | 54/58 | €64,534 | €143,457 | +€78,923 | +122.3% |
| Deferred charges and accrued income | 490/1 | €941 | €396 | -€545 | -57.9% |
| Total equity and liabilities | 10/49 | €989,666 | €1,071,786 | +€82,119 | +8.3% |
| Equity | 10/15 | €393,734 | €369,218 | -€24,517 | -6.2% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €218,734 | €194,218 | -€24,517 | -11.2% |
| Amounts payable | 17/49 | €595,932 | €702,568 | +€106,636 | +17.9% |
| Amounts payable after more than one year | 17 | €481,442 | €401,744 | -€79,698 | -16.6% |
| Financial debts | 170/4 | €481,442 | €401,744 | -€79,698 | -16.6% |
| Amounts payable within one year | 42/48 | €114,490 | €300,825 | +€186,334 | +162.8% |
| Current portion of amounts payable after more than one year | 42 | €79,031 | €79,698 | +€668 | +0.8% |
| Trade debts | 44 | €2,609 | €2,240 | -€369 | -14.2% |
| Suppliers | 440/4 | €2,609 | €2,240 | -€369 | -14.2% |
| Taxes, remuneration and social security | 45 | €20,288 | €19,892 | -€396 | -2.0% |
| Taxes | 450/3 | €20,288 | €19,892 | -€396 | -2.0% |
| Other amounts payable | 47/48 | €12,562 | €198,994 | +€186,432 | +1484.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,609 | €38,609 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,203 | €1,060 | -€3,142 | -74.8% |
| Gross operating margin | 9900 | €295,766 | €296,734 | +€968 | +0.3% |
| Operating profit (loss) | 9901 | €252,954 | €257,065 | +€4,111 | +1.6% |
| Financial charges | 65/66B | €5,220 | €4,548 | -€672 | -12.9% |
| Recurring financial charges | 65 | €5,220 | €4,548 | -€672 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €247,734 | €252,517 | +€4,783 | +1.9% |
| Income taxes | 67/77 | €57,102 | €58,300 | +€1,197 | +2.1% |
| Profit (loss) for the period | 9904 | €190,632 | €194,218 | +€3,585 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €190,632 | €194,218 | +€3,585 | +1.9% |
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 7 October 2026 via checked.be.