PT HOLDING: 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.
PT HOLDING
Largest movements
- Cash +€232,495
up €232,495 (+75.6%), from €307,573 to €540,068
mainly Net result for the year (+€1.1m) and Tax, wage and social debts (+€274,866)
- Tangible fixed assets -€43,645
down €43,645 (-9.7%), from €449,176 to €405,531
of which Furniture and vehicles: -€34,871
- Current investments +€30,000
up €30,000 (+58.0%), from €51,727 to €81,727
- Deferred charges and accrued income -€17,896
down €17,896 (-49.0%), from €36,556 to €18,660
- Tax, wage and social debts +€274,866
up €274,866 (+480%), from €57,314 to €332,180
of which Taxes: +€267,757
- Current portion of long-term debt -€45,421
down €45,421 (-91.8%), from €49,483 to €4,062
- Gross operating margin +€152,864
up €152,864 (+7.0%), from €2.2m to €2.3m
- Taxes +€49,290
up €49,290 (+16.1%), from €306,676 to €355,966
- Write-downs -€31,681
down €31,681 (-49.1%), from €64,501 to €32,820
- Staff costs -€27,169
down €27,169 (-3.7%), from €735,750 to €708,581
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 | €1,396,078 | €1,599,907 | +€203,829 | +14.6% |
| Fixed assets | 21/28 | €449,176 | €405,531 | -€43,645 | -9.7% |
| Tangible fixed assets | 22/27 | €449,176 | €405,531 | -€43,645 | -9.7% |
| Land and buildings | 22 | €1,436 | €716 | -€720 | -50.1% |
| Furniture and vehicles | 24 | €394,008 | €359,138 | -€34,871 | -8.9% |
| Other tangible fixed assets | 26 | €53,732 | €45,677 | -€8,054 | -15.0% |
| Current assets | 29/58 | €946,902 | €1,194,376 | +€247,474 | +26.1% |
| Amounts receivable within one year | 40/41 | €551,045 | €553,921 | +€2,876 | +0.5% |
| Trade receivables | 40 | €480,631 | €467,257 | -€13,374 | -2.8% |
| Other amounts receivable | 41 | €70,414 | €86,663 | +€16,250 | +23.1% |
| Current investments | 50/53 | €51,727 | €81,727 | +€30,000 | +58.0% |
| Cash at bank and in hand | 54/58 | €307,573 | €540,068 | +€232,495 | +75.6% |
| Deferred charges and accrued income | 490/1 | €36,556 | €18,660 | -€17,896 | -49.0% |
| Total equity and liabilities | 10/49 | €1,396,078 | €1,599,907 | +€203,829 | +14.6% |
| Equity | 10/15 | €305,588 | €305,588 | = | 0.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €285,128 | €285,128 | = | 0.0% |
| Distributable reserves | 133 | €285,128 | €285,128 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,090,490 | €1,294,320 | +€203,829 | +18.7% |
| Amounts payable after more than one year | 17 | €4,062 | €0 | -€4,062 | -100% |
| Financial debts | 170/4 | €4,062 | €0 | -€4,062 | -100% |
| Amounts payable within one year | 42/48 | €1,086,428 | €1,294,320 | +€207,892 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €49,483 | €4,062 | -€45,421 | -91.8% |
| Financial debts | 43 | - | €6,185 | +€6,185 | |
| Credit institutions | 430/8 | - | €6,185 | +€6,185 | |
| Trade debts | 44 | €67,407 | €54,211 | -€13,196 | -19.6% |
| Suppliers | 440/4 | €67,407 | €54,211 | -€13,196 | -19.6% |
| Advances received on contracts in progress | 46 | €1,008 | €2,366 | +€1,358 | +135% |
| Taxes, remuneration and social security | 45 | €57,314 | €332,180 | +€274,866 | +480% |
| Taxes | 450/3 | €1,562 | €269,319 | +€267,757 | +17,142% |
| Remuneration and social security | 454/9 | €55,752 | €62,860 | +€7,108 | +12.7% |
| Other amounts payable | 47/48 | €911,216 | €895,316 | -€15,900 | -1.7% |
| Remuneration, social security and pensions | 62 | €735,750 | €708,581 | -€27,169 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,655 | €175,582 | +€5,927 | +3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €64,501 | €32,820 | -€31,681 | -49.1% |
| Other operating charges | 640/8 | €2,995 | €11,950 | +€8,955 | +299% |
| Gross operating margin | 9900 | €2,186,958 | €2,339,822 | +€152,864 | +7.0% |
| Operating profit (loss) | 9901 | €1,214,057 | €1,410,888 | +€196,831 | +16.2% |
| Financial income | 75/76B | €6,109 | €536 | -€5,573 | -91.2% |
| Recurring financial income | 75 | €6,109 | €536 | -€5,573 | -91.2% |
| Financial charges | 65/66B | €2,678 | €2,399 | -€279 | -10.4% |
| Recurring financial charges | 65 | €2,678 | €2,399 | -€279 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €1,217,488 | €1,409,026 | +€191,537 | +15.7% |
| Income taxes | 67/77 | €306,676 | €355,966 | +€49,290 | +16.1% |
| Profit (loss) for the period | 9904 | €910,812 | €1,053,060 | +€142,248 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €910,812 | €1,053,060 | +€142,248 | +15.6% |
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 29 October 2026 via checked.be.