P.D.R. DEVELOPMENTS: what changed
P.D.R. DEVELOPMENTS
Largest movements
- Receivables within one year -€12,216
down €12,216 (-36.6%), from €33,421 to €21,205
of which Trade receivables: -€10,591
- Cash -€6,648
down €6,648 (-34.8%), from €19,085 to €12,437
mainly Other debts (-€10,833) and Net result for the year (-€9,637)
- Tangible fixed assets +€2,928
up €2,928 (+32.0%), from €9,149 to €12,077
of which Furniture and vehicles: +€3,178
- Deferred charges and accrued income +€1,364
up €1,364 (+15.8%), from €8,663 to €10,027
- Other debts -€10,833
down €10,833 (-47.3%), from €22,894 to €12,060
- Profit (loss) carried forward -€9,637
down €9,637 (-23.6%), from -€40,802 to -€50,439
- Trade debts +€6,665
up €6,665 (+5,290%), from €126 to €6,791
- Tax, wage and social debts -€766
down €766 (-42.7%), from €1,796 to €1,029
- Gross operating margin +€2,526
up €2,526 (+28.6%), from -€8,819 to -€6,293
- Depreciation -€1,517
down €1,517 (-33.6%), from €4,514 to €2,997
- Financial income -€817
down €817 (-63.3%), from €1,291 to €474
- Financial charges -€361
down €361 (-65.5%), from €552 to €191
- Other operating charges -€202
down €202 (-24.3%), from €833 to €630
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,328 | €55,756 | -€14,571 | -20.7% |
| Fixed assets | 21/28 | €9,159 | €12,087 | +€2,928 | +32.0% |
| Tangible fixed assets | 22/27 | €9,149 | €12,077 | +€2,928 | +32.0% |
| Plant, machinery and equipment | 23 | €524 | €274 | -€250 | -47.7% |
| Furniture and vehicles | 24 | €8,625 | €11,803 | +€3,178 | +36.8% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €61,169 | €43,669 | -€17,499 | -28.6% |
| Amounts receivable within one year | 40/41 | €33,421 | €21,205 | -€12,216 | -36.6% |
| Trade receivables | 40 | €25,096 | €14,505 | -€10,591 | -42.2% |
| Other amounts receivable | 41 | €8,325 | €6,700 | -€1,625 | -19.5% |
| Cash at bank and in hand | 54/58 | €19,085 | €12,437 | -€6,648 | -34.8% |
| Deferred charges and accrued income | 490/1 | €8,663 | €10,027 | +€1,364 | +15.8% |
| Total equity and liabilities | 10/49 | €70,328 | €55,756 | -€14,571 | -20.7% |
| Equity | 10/15 | €45,512 | €35,875 | -€9,637 | -21.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €67,765 | €67,765 | = | 0.0% |
| Tax-exempt reserves | 132 | €167 | €167 | = | 0.0% |
| Distributable reserves | 133 | €67,597 | €67,597 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,802 | -€50,439 | -€9,637 | -23.6% |
| Amounts payable | 17/49 | €24,815 | €19,881 | -€4,935 | -19.9% |
| Amounts payable within one year | 42/48 | €24,815 | €19,881 | -€4,935 | -19.9% |
| Trade debts | 44 | €126 | €6,791 | +€6,665 | +5,290% |
| Suppliers | 440/4 | €126 | €6,791 | +€6,665 | +5,290% |
| Taxes, remuneration and social security | 45 | €1,796 | €1,029 | -€766 | -42.7% |
| Taxes | 450/3 | €1,796 | €1,029 | -€766 | -42.7% |
| Other amounts payable | 47/48 | €22,894 | €12,060 | -€10,833 | -47.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,514 | €2,997 | -€1,517 | -33.6% |
| Other operating charges | 640/8 | €833 | €630 | -€202 | -24.3% |
| Gross operating margin | 9900 | -€8,819 | -€6,293 | +€2,526 | +28.6% |
| Operating profit (loss) | 9901 | -€14,166 | -€9,921 | +€4,245 | +30.0% |
| Financial income | 75/76B | €1,291 | €474 | -€817 | -63.3% |
| Recurring financial income | 75 | €1,291 | €474 | -€817 | -63.3% |
| Financial charges | 65/66B | €552 | €191 | -€361 | -65.5% |
| Recurring financial charges | 65 | €552 | €191 | -€361 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,426 | -€9,637 | +€3,789 | +28.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€13,426 | -€9,637 | +€3,789 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,426 | -€9,637 | +€3,789 | +28.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.