PTILOU: 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.
PTILOU
Largest movements
- Stocks and contracts +€4,978
up €4,978 (+5.1%), from €98,002 to €102,980
- Tax, wage and social debts +€4,407
up €4,407 (+72.0%), from €6,119 to €10,526
- Profit (loss) carried forward +€2,329
up €2,329 (+5.8%), from -€40,147 to -€37,818
- Trade debts -€1,173
down €1,173 (-3.8%), from €31,183 to €30,011
- Gross operating margin +€24,430
up €24,430, from -€17,608 to €6,823
- Financial charges -€1,253
down €1,253 (-19.1%), from €6,546 to €5,293
- Financial income +€856
up €856 (+40.0%), from €2,142 to €2,997
- Other operating charges +€420
up €420 (+73.9%), from €569 to €989
- Depreciation -€178
down €178 (-15.9%), from €1,123 to €945
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 | €107,616 | €113,179 | +€5,563 | +5.2% |
| Fixed assets | 21/28 | €1,967 | €1,872 | -€95 | -4.8% |
| Intangible fixed assets | 21 | €1,842 | €1,022 | -€820 | -44.5% |
| Tangible fixed assets | 22/27 | €0 | €725 | +€725 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | €725 | +€725 | |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €105,648 | €111,306 | +€5,658 | +5.4% |
| Stocks and contracts in progress | 3 | €98,002 | €102,980 | +€4,978 | +5.1% |
| Stocks | 30/36 | €98,002 | €102,980 | +€4,978 | +5.1% |
| Amounts receivable within one year | 40/41 | €73 | €904 | +€831 | +1,140% |
| Trade receivables | 40 | €73 | €904 | +€831 | +1,140% |
| Cash at bank and in hand | 54/58 | €5,867 | €5,964 | +€97 | +1.7% |
| Deferred charges and accrued income | 490/1 | €1,706 | €1,458 | -€248 | -14.5% |
| Total equity and liabilities | 10/49 | €107,616 | €113,179 | +€5,563 | +5.2% |
| Equity | 10/15 | -€19,687 | -€17,358 | +€2,329 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,147 | -€37,818 | +€2,329 | +5.8% |
| Amounts payable | 17/49 | €127,303 | €130,537 | +€3,234 | +2.5% |
| Amounts payable within one year | 42/48 | €127,303 | €130,537 | +€3,234 | +2.5% |
| Financial debts | 43 | €90,000 | €90,000 | = | 0.0% |
| Credit institutions | 430/8 | €90,000 | €90,000 | = | 0.0% |
| Trade debts | 44 | €31,183 | €30,011 | -€1,173 | -3.8% |
| Suppliers | 440/4 | €31,183 | €30,011 | -€1,173 | -3.8% |
| Taxes, remuneration and social security | 45 | €6,119 | €10,526 | +€4,407 | +72.0% |
| Taxes | 450/3 | €6,119 | €10,526 | +€4,407 | +72.0% |
| Remuneration, social security and pensions | 62 | €234 | €265 | +€31 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,123 | €945 | -€178 | -15.9% |
| Other operating charges | 640/8 | €569 | €989 | +€420 | +73.9% |
| Gross operating margin | 9900 | -€17,608 | €6,823 | +€24,430 | |
| Operating profit (loss) | 9901 | -€19,533 | €4,624 | +€24,158 | |
| Financial income | 75/76B | €2,142 | €2,997 | +€856 | +40.0% |
| Recurring financial income | 75 | €2,142 | €2,997 | +€856 | +40.0% |
| Financial charges | 65/66B | €6,546 | €5,293 | -€1,253 | -19.1% |
| Recurring financial charges | 65 | €6,546 | €5,293 | -€1,253 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€23,938 | €2,329 | +€26,266 | |
| Profit (loss) for the period | 9904 | -€23,938 | €2,329 | +€26,266 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,938 | €2,329 | +€26,266 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.