PT POOLS: 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 POOLS
Largest movements
- Stocks and contracts -€80,721
down €80,721 (-23.8%), from €339,678 to €258,957
of which Contracts in progress: -€93,500
- Tangible fixed assets -€36,388
down €36,388 (-9.4%), from €387,250 to €350,863
of which Furniture and vehicles: -€26,733
- Receivables within one year -€22,060
down €22,060 (-9.1%), from €243,022 to €220,963
of which Trade receivables: -€29,250
- Deferred charges and accrued income -€11,091
down €11,091 (-68.6%), from €16,157 to €5,066
- Trade debts -€96,177
down €96,177 (-61.6%), from €156,191 to €60,014
- Debts after one year -€49,130
down €49,130 (-15.1%), from €325,063 to €275,934
of which Financial debts: -€33,130
- Short-term financial debts -€20,021
down €20,021 (-33.4%), from €60,021 to €40,000
- Reserves +€10,676
up €10,676 (+3.0%), from €358,085 to €368,761
- Staff costs +€15,913
up €15,913 (+18.3%), from €87,165 to €103,077
- Gross operating margin -€10,005
down €10,005 (-5.0%), from €198,263 to €188,259
- Taxes -€6,951
down €6,951 (-60.9%), from €11,408 to €4,457
- Depreciation +€3,190
up €3,190 (+7.3%), from €43,424 to €46,615
- Financial charges +€3,048
up €3,048 (+16.1%), from €18,874 to €21,922
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 | €995,496 | €844,924 | -€150,572 | -15.1% |
| Fixed assets | 21/28 | €387,250 | €350,863 | -€36,388 | -9.4% |
| Tangible fixed assets | 22/27 | €387,250 | €350,863 | -€36,388 | -9.4% |
| Land and buildings | 22 | €287,156 | €277,877 | -€9,279 | -3.2% |
| Plant, machinery and equipment | 23 | €13,887 | €13,511 | -€376 | -2.7% |
| Furniture and vehicles | 24 | €86,207 | €59,474 | -€26,733 | -31.0% |
| Current assets | 29/58 | €608,245 | €494,061 | -€114,184 | -18.8% |
| Stocks and contracts in progress | 3 | €339,678 | €258,957 | -€80,721 | -23.8% |
| Stocks | 30/36 | €66,178 | €78,957 | +€12,779 | +19.3% |
| Contracts in progress | 37 | €273,500 | €180,000 | -€93,500 | -34.2% |
| Amounts receivable within one year | 40/41 | €243,022 | €220,963 | -€22,060 | -9.1% |
| Trade receivables | 40 | €225,755 | €196,505 | -€29,250 | -13.0% |
| Other amounts receivable | 41 | €17,267 | €24,458 | +€7,190 | +41.6% |
| Cash at bank and in hand | 54/58 | €9,388 | €9,076 | -€313 | -3.3% |
| Deferred charges and accrued income | 490/1 | €16,157 | €5,066 | -€11,091 | -68.6% |
| Total equity and liabilities | 10/49 | €995,496 | €844,924 | -€150,572 | -15.1% |
| Equity | 10/15 | €376,685 | €387,361 | +€10,676 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €358,085 | €368,761 | +€10,676 | +3.0% |
| Distributable reserves | 133 | €358,085 | €368,761 | +€10,676 | +3.0% |
| Amounts payable | 17/49 | €618,811 | €457,563 | -€161,248 | -26.1% |
| Amounts payable after more than one year | 17 | €325,063 | €275,934 | -€49,130 | -15.1% |
| Financial debts | 170/4 | €288,063 | €254,934 | -€33,130 | -11.5% |
| Other amounts payable | 178/9 | €37,000 | €21,000 | -€16,000 | -43.2% |
| Amounts payable within one year | 42/48 | €285,425 | €172,477 | -€112,948 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | €38,616 | €33,130 | -€5,486 | -14.2% |
| Financial debts | 43 | €60,021 | €40,000 | -€20,021 | -33.4% |
| Credit institutions | 430/8 | €60,021 | €40,000 | -€20,021 | -33.4% |
| Trade debts | 44 | €156,191 | €60,014 | -€96,177 | -61.6% |
| Suppliers | 440/4 | €156,191 | €60,014 | -€96,177 | -61.6% |
| Taxes, remuneration and social security | 45 | €30,173 | €32,527 | +€2,353 | +7.8% |
| Taxes | 450/3 | €29,462 | €29,060 | -€402 | -1.4% |
| Remuneration and social security | 454/9 | €712 | €3,467 | +€2,755 | +387.2% |
| Other amounts payable | 47/48 | €424 | €6,806 | +€6,383 | +1506.8% |
| Accrued charges and deferred income | 492/3 | €8,322 | €9,152 | +€830 | +10.0% |
| Non-recurring operating income | 76A | €207 | - | -€207 | |
| Remuneration, social security and pensions | 62 | €87,165 | €103,077 | +€15,913 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,424 | €46,615 | +€3,190 | +7.3% |
| Other operating charges | 640/8 | €2,412 | €1,598 | -€814 | -33.8% |
| Gross operating margin | 9900 | €198,263 | €188,259 | -€10,005 | -5.0% |
| Operating profit (loss) | 9901 | €65,262 | €36,969 | -€28,294 | -43.4% |
| Financial income | 75/76B | €715 | €86 | -€629 | -87.9% |
| Recurring financial income | 75 | €715 | €86 | -€629 | -87.9% |
| Financial charges | 65/66B | €18,874 | €21,922 | +€3,048 | +16.1% |
| Recurring financial charges | 65 | €18,874 | €21,922 | +€3,048 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €47,104 | €15,133 | -€31,971 | -67.9% |
| Income taxes | 67/77 | €11,408 | €4,457 | -€6,951 | -60.9% |
| Profit (loss) for the period | 9904 | €35,696 | €10,676 | -€25,019 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,696 | €10,676 | -€25,019 | -70.1% |
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 6 October 2026 via checked.be.