PMPLT
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-07-2026 at the NBB Annual accounts 2025 (PDF) all 6 filings
Turnover
≈ €670,000
Estimated: probably between €460,000 and €1.0m
EBIT margin
Not included in this filing
Net result
€487,041▲ 565%
2024 · €73,247
Working capital
-€225,260▼ 28.7%
2024 · -€174,992
Multi-year overview
2021 to 2025, 5 financial yearsOperating result
€174,283
▲ 52.5%
2025
20212025
Net result
€487,041
▲ 565%
2025
highest quarter of the sector
20212025
Equity
€397,789
▲ 15×
2025
middle half of the sector
20212025
Total assets
€1.0m
▲ 124%
2025
middle half of the sector
20212025
Debt
€625,057
▲ 45.0%
2025
20212025
Working capital
-€225,260
▼ 28.7%
2025
lowest quarter of the sector
20212025
Solvency
38.9%
▲ 33.3pp
2025
middle half of the sector
20212025
Current ratio
0.59
▲ 0.17
2025
lowest quarter of the sector
20212025
Return on assets (ROA)
47.6%
▲ 31.6pp
2025
highest quarter of the sector
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.01m-€0.03m▲ 229%€0.08m▲ 133%€0.1m▲ 46.6%€0.2m▲ 52.5%
Net result€0.008mwithin the sector's middle half-€0.02mwithin the sector's middle half▲ 194%€0.05mwithin the sector's middle half▲ 104%€0.07mwithin the sector's middle half▲ 51.2%€0.5mabove the sector's middle half▲ 565%
Equity€0.01mbelow the sector's middle half-€0.03mbelow the sector's middle half▲ 224%€0.08mwithin the sector's middle half▲ 141%€0.03mbelow the sector's middle half▼ 68.9%€0.4mwithin the sector's middle half▲ 15×
Total assets€0.02mbelow the sector's middle half-€0.4mwithin the sector's middle half▲ 26×€0.4mwithin the sector's middle half▲ 3.6%€0.5mwithin the sector's middle half▲ 9.4%€1.0mwithin the sector's middle half▲ 124%
Debt€0.005m-€0.4m▲ 73×€0.3m▼ 9.2%€0.4m▲ 28.7%€0.6m▲ 45.0%
Working capital€0.01mwithin the sector's middle half--€0.07mbelow the sector's middle half-€0.06mbelow the sector's middle half▲ 18.1%-€0.2mbelow the sector's middle half▼ 208%-€0.2mbelow the sector's middle half▼ 28.7%
Solvency67.5%above the sector's middle half-8.5%below the sector's middle half▼ 59.0pp19.8%within the sector's middle half▲ 11.3pp5.6%below the sector's middle half▼ 14.2pp38.9%within the sector's middle half▲ 33.3pp
Current ratio3.00above the sector's middle half-0.66below the sector's middle half▼ 2.340.73below the sector's middle half▲ 0.060.42below the sector's middle half▼ 0.310.59below the sector's middle half▲ 0.17
Return on assets (ROA)51.6%above the sector's middle half-5.9%within the sector's middle half▼ 45.7pp11.6%above the sector's middle half▲ 5.7pp16.0%above the sector's middle half▲ 4.4pp47.6%above the sector's middle half▲ 31.6pp
above
within
below
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 53% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Large changes and their cause
- 2025 Net result +565% on 2024. The accounts now follow the abbreviated format, last year the full format.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€697,384 ▲ 111%
Current assets
€325,462 ▲ 158%
Equity and liabilities €1.0m
Equity
€397,789 ▲ 15×
Debt
€625,057 ▲ 45.0%
Debt's share of the balance-sheet total falls from 94.4% to 61.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€188,920▲
2024 · €123,075
Cash flow
€501,678▲
2024 · €82,041
Debt to equity
1.57▼
2024 · 16.74
ROE
122.4%▼
2024 · 284.5%
Interest coverage
21.87▲
2024 · 9.25
Debt ≤ 1 year
€550,721▲
2024 · €300,943
Debt > 1 year
€72,259▼
2024 · €124,324
Income taxes
€43,069▲
2024 · €27,723
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €73,181 | - |
| Financial fixed assets | - | €266,500 | - | - | €416,667 |
| Depreciation and write-downs of the year | €400 | €267 | €133 | €8,794 | €14,636 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €7,751 | €797 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €400 | €267 | €133 | €8,794 | €14,636 | ▲ 66.4% |
| Other operating charges640/8 | - | €497 | €809 | €1,458 | €1,440 | ▼ 1.2% |
| Gross operating margin9900 | €18,326 | €35,004 | €78,890 | €124,534 | €190,360 | ▲ 52.9% |
| Operating profit (loss)9901 | €10,175 | €33,442 | €77,948 | €114,282 | €174,283 | ▲ 52.5% |
| Financial income75/76B | €4 | - | - | €0 | €364,467 | ▲ 36,446,667× |
| Recurring financial income75 | €4 | - | - | €0 | €250,000 | ▲ 25,000,000× |
| Non-recurring financial income76B | - | - | - | - | €114,467 | - |
| Financial charges65/66B | €91 | €1,180 | €11,502 | €13,312 | €8,639 | ▼ 35.1% |
| Recurring financial charges65 | €91 | €1,180 | €11,502 | €13,312 | €8,639 | ▼ 35.1% |
| Profit (loss) for the period before taxes9903 | €10,088 | €32,263 | €66,447 | €100,970 | €530,111 | ▲ 425% |
| Income taxes67/77 | €2,018 | €8,567 | €18,013 | €27,723 | €43,069 | ▲ 55.4% |
| Profit (loss) for the period9904 | €8,071 | €23,695 | €48,434 | €73,247 | €487,041 | ▲ 565% |
| Profit (loss) for the period to be appropriated9905 | €8,071 | €23,695 | €48,434 | €73,247 | €487,041 | ▲ 565% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.02m | €0.4m | €0.4m | €0.5m | €1.0m | ▲ 124% |
| Formation expenses20 | €400 | €133 | - | - | - | - |
| Fixed assets21/28 | - | €0.3m | €0.3m | €0.3m | €0.7m | ▲ 111% |
| Tangible fixed assets22/27 | - | - | - | €0.06m | €0.05m | ▼ 22.7% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.05m | ▼ 22.7% |
| Financial fixed assets28 | - | €0.3m | €0.3m | €0.3m | €0.6m | ▲ 143% |
| Current assets29/58 | €0.02m | €0.1m | €0.2m | €0.1m | €0.3m | ▲ 158% |
| Amounts receivable within one year40/41 | €76 | - | €0.01m | €0.02m | €0.02m | ▲ 4.7% |
| Trade receivables40 | - | - | €0.01m | €0.02m | €0.02m | = |
| Other amounts receivable41 | €76 | - | - | €0.001m | €0.002m | ▲ 85.1% |
| Cash at bank and in hand54/58 | €0.02m | €0.1m | €0.1m | €0.1m | €0.3m | ▲ 193% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.02m | €0.4m | €0.4m | €0.5m | €1.0m | ▲ 124% |
| Equity10/15 | €0.01m | €0.03m | €0.08m | €0.03m | €0.4m | ▲ 15× |
| Contributions10/11 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Profit (loss) carried forward14 | €0.008m | €0.03m | €0.08m | €0.02m | €0.4m | ▲ 17× |
| Amounts payable17/49 | €0.005m | €0.4m | €0.3m | €0.4m | €0.6m | ▲ 45.0% |
| Amounts payable after more than one year17 | - | €0.2m | €0.1m | €0.1m | €0.07m | ▼ 41.9% |
| Financial debts170/4 | - | €0.2m | €0.1m | €0.1m | €0.07m | ▼ 41.9% |
| Amounts payable within one year42/48 | €0.005m | €0.2m | €0.2m | €0.3m | €0.6m | ▲ 83.0% |
| Current portion of amounts payable after more than one year42 | - | €0.04m | €0.04m | €0.05m | €0.05m | ▲ 3.9% |
| Trade debts44 | €368 | €0.003m | €0.001m | €489 | €387 | ▼ 20.8% |
| Suppliers440/4 | €368 | €0.003m | €0.001m | €489 | €387 | ▼ 20.8% |
| Taxes, remuneration and social security45 | €0.002m | €0.02m | €0.03m | €0.02m | €0.008m | ▼ 65.5% |
| Taxes450/3 | €0.002m | €0.02m | €0.03m | €0.02m | €0.008m | ▼ 65.5% |
| Other amounts payable47/48 | €0.003m | €0.1m | €0.1m | €0.2m | €0.5m | ▲ 116% |
| Accrued charges and deferred income492/3 | - | - | €0.002m | €0.006m | €0.002m | ▼ 64.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,071 | €23,695 | €48,434 | €73,247 | €487,041 | ▲ 565% |
| + Depreciation and write-downs630 | €400 | €267 | €133 | €8,794 | €14,636 | ▲ 66.4% |
| Operating cash flow (approximation) | €8,471 | €23,962 | €48,567 | €82,041 | €501,678 | ▲ 511% |
| Investment in fixed assets (approximation) | - | - | -€133 | -€73,181 | -€381,133 | ▼ 421% |
| Change in cash | - | €121,109 | €2,660 | -€36,049 | €198,424 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-07-2026 | 2026-00346216 | |
| 31-12-2025 | full format | 22-04-2026 | 2026-00086802 | |
| 31-12-2024 | full format | 23-07-2025 | 2025-00313676 | |
| 31-12-2023 | full format | 04-06-2024 | 2024-00110398 | |
| 31-12-2022 | full format | 30-08-2023 | 2023-00380261 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20376842 |