PT8: 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.
PT8
Largest movements
- Cash +€22,807
up €22,807 (+53.2%), from €42,858 to €65,664
mainly Net result for the year (+€29,880) and Depreciation (+€6,335)
- Current investments +€9,784
new in 2025: €9,784
- Tangible fixed assets -€4,314
down €4,314 (-41.0%), from €10,514 to €6,200
of which Furniture and vehicles: -€6,167
- Reserves +€29,880
up €29,880 (+97.8%), from €30,553 to €60,433
- Tax, wage and social debts -€1,436
down €1,436 (-8.7%), from €16,484 to €15,048
- Gross operating margin -€3,999
down €3,999 (-8.0%), from €49,705 to €45,705
- Depreciation -€1,651
down €1,651 (-20.7%), from €7,986 to €6,335
- Other operating charges -€921
down €921 (-81.5%), from €1,130 to €209
- Taxes -€825
down €825 (-8.4%), from €9,826 to €9,001
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 | €56,091 | €84,667 | +€28,576 | +50.9% |
| Fixed assets | 21/28 | €10,514 | €6,200 | -€4,314 | -41.0% |
| Tangible fixed assets | 22/27 | €10,514 | €6,200 | -€4,314 | -41.0% |
| Furniture and vehicles | 24 | €10,514 | €4,347 | -€6,167 | -58.7% |
| Other tangible fixed assets | 26 | - | €1,853 | +€1,853 | |
| Current assets | 29/58 | €45,577 | €78,467 | +€32,890 | +72.2% |
| Stocks and contracts in progress | 3 | €351 | €1,106 | +€756 | +215.4% |
| Stocks | 30/36 | €351 | €1,106 | +€756 | +215.4% |
| Amounts receivable within one year | 40/41 | €1,956 | €1,449 | -€507 | -25.9% |
| Trade receivables | 40 | €1,956 | €1,449 | -€507 | -25.9% |
| Current investments | 50/53 | - | €9,784 | +€9,784 | |
| Cash at bank and in hand | 54/58 | €42,858 | €65,664 | +€22,807 | +53.2% |
| Deferred charges and accrued income | 490/1 | €413 | €463 | +€50 | +12.2% |
| Total equity and liabilities | 10/49 | €56,091 | €84,667 | +€28,576 | +50.9% |
| Equity | 10/15 | €31,553 | €61,433 | +€29,880 | +94.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €30,553 | €60,433 | +€29,880 | +97.8% |
| Distributable reserves | 133 | €30,553 | €60,433 | +€29,880 | +97.8% |
| Amounts payable | 17/49 | €24,538 | €23,234 | -€1,304 | -5.3% |
| Amounts payable within one year | 42/48 | €24,538 | €23,234 | -€1,304 | -5.3% |
| Financial debts | 43 | €32 | €8 | -€24 | -74.7% |
| Credit institutions | 430/8 | €32 | €8 | -€24 | -74.7% |
| Trade debts | 44 | €3,350 | €3,861 | +€511 | +15.2% |
| Suppliers | 440/4 | €3,350 | €3,861 | +€511 | +15.2% |
| Advances received on contracts in progress | 46 | €832 | €0 | -€832 | -100.0% |
| Taxes, remuneration and social security | 45 | €16,484 | €15,048 | -€1,436 | -8.7% |
| Taxes | 450/3 | €16,484 | €15,048 | -€1,436 | -8.7% |
| Other amounts payable | 47/48 | €3,840 | €4,318 | +€478 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,986 | €6,335 | -€1,651 | -20.7% |
| Other operating charges | 640/8 | €1,130 | €209 | -€921 | -81.5% |
| Gross operating margin | 9900 | €49,705 | €45,705 | -€3,999 | -8.0% |
| Operating profit (loss) | 9901 | €40,588 | €39,161 | -€1,427 | -3.5% |
| Financial income | 75/76B | €5 | €224 | +€219 | +4368.1% |
| Recurring financial income | 75 | €5 | €224 | +€219 | +4368.1% |
| Financial charges | 65/66B | €214 | €504 | +€290 | +135.4% |
| Recurring financial charges | 65 | €214 | €504 | +€290 | +135.4% |
| Profit (loss) for the period before taxes | 9903 | €40,379 | €38,881 | -€1,498 | -3.7% |
| Income taxes | 67/77 | €9,826 | €9,001 | -€825 | -8.4% |
| Profit (loss) for the period | 9904 | €30,553 | €29,880 | -€673 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,553 | €29,880 | -€673 | -2.2% |
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 30 September 2026 via checked.be.