P.E.M.B.: 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.
P.E.M.B.
Largest movements
- Receivables within one year +€34,677
up €34,677 (+35.0%), from €99,135 to €133,812
- Tangible fixed assets -€12,719
down €12,719 (-50.0%), from €25,451 to €12,731
- Cash -€9,784
down €9,784 (-81.7%), from €11,978 to €2,193
mainly Receivables within one year (-€34,677) and Tax, wage and social debts (-€5,261)
- Profit (loss) carried forward +€15,537
up €15,537 (+18.0%), from €86,253 to €101,790
- Tax, wage and social debts -€5,261
down €5,261 (-96.7%), from €5,440 to €179
- Trade debts +€1,898
new in 2025: €1,898
- Taxes -€6,757
down €6,757 (-56.6%), from €11,936 to €5,179
- Other operating charges +€3,487
up €3,487 (+58.5%), from €5,960 to €9,447
- Financial income -€3,322
down €3,322 (-32.0%), from €10,381 to €7,059
- Gross operating margin -€888
down €888 (-2.4%), from €36,745 to €35,857
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 | €136,563 | €148,737 | +€12,174 | +8.9% |
| Fixed assets | 21/28 | €25,451 | €12,731 | -€12,719 | -50.0% |
| Tangible fixed assets | 22/27 | €25,451 | €12,731 | -€12,719 | -50.0% |
| Land and buildings | 22 | €25,451 | €12,731 | -€12,719 | -50.0% |
| Current assets | 29/58 | €111,112 | €136,005 | +€24,893 | +22.4% |
| Amounts receivable within one year | 40/41 | €99,135 | €133,812 | +€34,677 | +35.0% |
| Other amounts receivable | 41 | €99,135 | €133,812 | +€34,677 | +35.0% |
| Cash at bank and in hand | 54/58 | €11,978 | €2,193 | -€9,784 | -81.7% |
| Total equity and liabilities | 10/49 | €136,563 | €148,737 | +€12,174 | +8.9% |
| Equity | 10/15 | €127,173 | €142,710 | +€15,537 | +12.2% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €3,720 | €3,720 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,720 | €3,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,253 | €101,790 | +€15,537 | +18.0% |
| Amounts payable | 17/49 | €9,390 | €6,027 | -€3,363 | -35.8% |
| Amounts payable within one year | 42/48 | €9,390 | €6,027 | -€3,363 | -35.8% |
| Trade debts | 44 | - | €1,898 | +€1,898 | |
| Suppliers | 440/4 | - | €1,898 | +€1,898 | |
| Taxes, remuneration and social security | 45 | €5,440 | €179 | -€5,261 | -96.7% |
| Taxes | 450/3 | €5,440 | €179 | -€5,261 | -96.7% |
| Other amounts payable | 47/48 | €3,950 | €3,950 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,715 | €12,719 | +€4 | 0.0% |
| Other operating charges | 640/8 | €5,960 | €9,447 | +€3,487 | +58.5% |
| Gross operating margin | 9900 | €36,745 | €35,857 | -€888 | -2.4% |
| Operating profit (loss) | 9901 | €18,070 | €13,691 | -€4,379 | -24.2% |
| Financial income | 75/76B | €10,381 | €7,059 | -€3,322 | -32.0% |
| Recurring financial income | 75 | €10,381 | €7,059 | -€3,322 | -32.0% |
| Financial charges | 65/66B | €11 | €34 | +€23 | +200.0% |
| Recurring financial charges | 65 | €11 | €34 | +€23 | +200.0% |
| Profit (loss) for the period before taxes | 9903 | €28,440 | €20,716 | -€7,724 | -27.2% |
| Income taxes | 67/77 | €11,936 | €5,179 | -€6,757 | -56.6% |
| Profit (loss) for the period | 9904 | €16,504 | €15,537 | -€967 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,504 | €15,537 | -€967 | -5.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.