PTGS: 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.
PTGS
Largest movements
- Tangible fixed assets +€13,353
up €13,353 (+5.9%), from €226,110 to €239,463
of which Land and buildings: +€9,336
- Deferred charges and accrued income -€10,932
no longer reported in 2025 (was €10,932)
- Receivables within one year +€7,426
up €7,426 (+47.3%), from €15,702 to €23,128
- Cash +€5,578
up €5,578 (+34.7%), from €16,059 to €21,637
mainly Net result for the year (+€16,779) and Deferred charges and accrued income (+€10,932)
- Profit (loss) carried forward +€16,779
up €16,779 (+27.6%), from €60,776 to €77,555
- Debts after one year -€10,207
down €10,207 (-5.6%), from €183,588 to €173,381
- Tax, wage and social debts +€5,204
up €5,204 (+48.3%), from €10,777 to €15,981
- Trade debts +€4,243
up €4,243 (+1838.2%), from €231 to €4,474
- Other operating charges -€25,163
down €25,163 (-97.9%), from €25,693 to €530
- Gross operating margin +€6,551
up €6,551 (+18.5%), from €35,431 to €41,982
- Depreciation +€5,888
up €5,888 (+423.6%), from €1,390 to €7,278
- Financial charges +€5,709
up €5,709 (+120.9%), from €4,723 to €10,431
- Taxes +€4,496
up €4,496 (+142.4%), from €3,157 to €7,652
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 | €268,803 | €284,227 | +€15,424 | +5.7% |
| Fixed assets | 21/28 | €226,110 | €239,463 | +€13,353 | +5.9% |
| Tangible fixed assets | 22/27 | €226,110 | €239,463 | +€13,353 | +5.9% |
| Land and buildings | 22 | €226,110 | €235,446 | +€9,336 | +4.1% |
| Furniture and vehicles | 24 | - | €4,017 | +€4,017 | |
| Current assets | 29/58 | €42,693 | €44,765 | +€2,071 | +4.9% |
| Amounts receivable within one year | 40/41 | €15,702 | €23,128 | +€7,426 | +47.3% |
| Trade receivables | 40 | €15,702 | €23,128 | +€7,426 | +47.3% |
| Cash at bank and in hand | 54/58 | €16,059 | €21,637 | +€5,578 | +34.7% |
| Deferred charges and accrued income | 490/1 | €10,932 | - | -€10,932 | |
| Total equity and liabilities | 10/49 | €268,803 | €284,227 | +€15,424 | +5.7% |
| Equity | 10/15 | €62,276 | €79,055 | +€16,779 | +26.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,776 | €77,555 | +€16,779 | +27.6% |
| Amounts payable | 17/49 | €206,527 | €205,172 | -€1,355 | -0.7% |
| Amounts payable after more than one year | 17 | €183,588 | €173,381 | -€10,207 | -5.6% |
| Financial debts | 170/4 | €183,588 | €173,381 | -€10,207 | -5.6% |
| Amounts payable within one year | 42/48 | €22,939 | €31,791 | +€8,852 | +38.6% |
| Current portion of amounts payable after more than one year | 42 | €9,816 | €10,207 | +€391 | +4.0% |
| Trade debts | 44 | €231 | €4,474 | +€4,243 | +1838.2% |
| Suppliers | 440/4 | €231 | €4,474 | +€4,243 | +1838.2% |
| Taxes, remuneration and social security | 45 | €10,777 | €15,981 | +€5,204 | +48.3% |
| Taxes | 450/3 | €10,777 | €15,981 | +€5,204 | +48.3% |
| Other amounts payable | 47/48 | €2,115 | €1,129 | -€986 | -46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,390 | €7,278 | +€5,888 | +423.6% |
| Other operating charges | 640/8 | €25,693 | €530 | -€25,163 | -97.9% |
| Gross operating margin | 9900 | €35,431 | €41,982 | +€6,551 | +18.5% |
| Operating profit (loss) | 9901 | €8,348 | €34,174 | +€25,826 | +309.3% |
| Financial income | 75/76B | - | €689 | +€689 | |
| Recurring financial income | 75 | - | €689 | +€689 | |
| Financial charges | 65/66B | €4,723 | €10,431 | +€5,709 | +120.9% |
| Recurring financial charges | 65 | €4,723 | €10,431 | +€5,709 | +120.9% |
| Profit (loss) for the period before taxes | 9903 | €3,626 | €24,432 | +€20,806 | +573.8% |
| Income taxes | 67/77 | €3,157 | €7,652 | +€4,496 | +142.4% |
| Profit (loss) for the period | 9904 | €469 | €16,779 | +€16,310 | +3476.3% |
| Profit (loss) for the period to be appropriated | 9905 | €469 | €16,779 | +€16,310 | +3476.3% |
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 3 October 2026 via checked.be.