PTAK: 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.
PTAK
Largest movements
- Cash -€43,357
down €43,357 (-24.5%), from €177,125 to €133,768
mainly Investment in fixed assets (net) (-€27,814) and Receivables within one year (-€16,499)
- Tangible fixed assets +€19,816
up €19,816 (+96.8%), from €20,462 to €40,277
of which Furniture and vehicles: +€21,974
- Receivables within one year +€16,499
new in 2025: €16,499
- Deferred charges and accrued income -€5,829
down €5,829 (-15.3%), from €38,068 to €32,239
- Tax, wage and social debts -€8,591
down €8,591 (-28.8%), from €29,854 to €21,262
of which Taxes: -€8,744
- Other debts -€4,632
down €4,632 (-21.3%), from €21,709 to €17,078
- Gross operating margin -€73,615
down €73,615 (-63.7%), from €115,603 to €41,988
- Taxes -€21,768
down €21,768 (-85.3%), from €25,533 to €3,765
- Depreciation +€3,668
up €3,668 (+84.7%), from €4,330 to €7,998
- Staff costs +€1,239
up €1,239 (+4.8%), from €25,692 to €26,931
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 | €323,655 | €310,784 | -€12,871 | -4.0% |
| Fixed assets | 21/28 | €20,462 | €40,277 | +€19,816 | +96.8% |
| Tangible fixed assets | 22/27 | €20,462 | €40,277 | +€19,816 | +96.8% |
| Plant, machinery and equipment | 23 | €16,216 | €12,568 | -€3,647 | -22.5% |
| Furniture and vehicles | 24 | €499 | €22,473 | +€21,974 | +4403.9% |
| Other tangible fixed assets | 26 | €3,747 | €5,236 | +€1,489 | +39.7% |
| Current assets | 29/58 | €303,193 | €270,507 | -€32,687 | -10.8% |
| Amounts receivable within one year | 40/41 | - | €16,499 | +€16,499 | |
| Other amounts receivable | 41 | - | €16,499 | +€16,499 | |
| Current investments | 50/53 | €88,000 | €88,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €177,125 | €133,768 | -€43,357 | -24.5% |
| Deferred charges and accrued income | 490/1 | €38,068 | €32,239 | -€5,829 | -15.3% |
| Total equity and liabilities | 10/49 | €323,655 | €310,784 | -€12,871 | -4.0% |
| Equity | 10/15 | €266,579 | €268,862 | +€2,283 | +0.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €247,643 | €249,926 | +€2,283 | +0.9% |
| Distributable reserves | 133 | €247,643 | €249,926 | +€2,283 | +0.9% |
| Profit (loss) carried forward | 14 | €344 | €344 | = | 0.0% |
| Amounts payable | 17/49 | €57,076 | €41,922 | -€15,154 | -26.6% |
| Amounts payable within one year | 42/48 | €55,900 | €40,922 | -€14,978 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €1,718 | €1,180 | -€538 | -31.3% |
| Trade debts | 44 | €2,619 | €1,402 | -€1,217 | -46.5% |
| Suppliers | 440/4 | €2,619 | €1,402 | -€1,217 | -46.5% |
| Taxes, remuneration and social security | 45 | €29,854 | €21,262 | -€8,591 | -28.8% |
| Taxes | 450/3 | €24,850 | €16,106 | -€8,744 | -35.2% |
| Remuneration and social security | 454/9 | €5,004 | €5,157 | +€153 | +3.1% |
| Other amounts payable | 47/48 | €21,709 | €17,078 | -€4,632 | -21.3% |
| Accrued charges and deferred income | 492/3 | €1,176 | €1,000 | -€176 | -15.0% |
| Remuneration, social security and pensions | 62 | €25,692 | €26,931 | +€1,239 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,330 | €7,998 | +€3,668 | +84.7% |
| Other operating charges | 640/8 | €1,696 | €1,503 | -€193 | -11.4% |
| Gross operating margin | 9900 | €115,603 | €41,988 | -€73,615 | -63.7% |
| Operating profit (loss) | 9901 | €83,884 | €5,556 | -€78,329 | -93.4% |
| Financial income | 75/76B | €1,411 | €803 | -€608 | -43.1% |
| Recurring financial income | 75 | €1,411 | €803 | -€608 | -43.1% |
| Financial charges | 65/66B | €676 | €311 | -€364 | -53.9% |
| Recurring financial charges | 65 | €676 | €311 | -€364 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | €84,620 | €6,048 | -€78,572 | -92.9% |
| Income taxes | 67/77 | €25,533 | €3,765 | -€21,768 | -85.3% |
| Profit (loss) for the period | 9904 | €59,087 | €2,283 | -€56,804 | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,087 | €2,283 | -€56,804 | -96.1% |
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 5 October 2026 via checked.be.