P.E.M. Services: 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.
P.E.M. Services
Largest movements
- Receivables within one year -€3,759
down €3,759 (-8.8%), from €42,669 to €38,910
of which Trade receivables: -€7,024
- Deferred charges and accrued income -€2,215
down €2,215 (-60.6%), from €3,655 to €1,441
- Tangible fixed assets +€1,989
up €1,989 (+174%), from €1,142 to €3,131
of which Furniture and vehicles: +€2,692
- Profit (loss) carried forward +€68,134
up €68,134, from €0 to €68,134
- Other debts -€65,922
down €65,922 (-100%), from €65,922 to €0
- Trade debts -€5,658
down €5,658 (-77.7%), from €7,285 to €1,627
- Current portion of long-term debt -€1,269
down €1,269 (-100%), from €1,269 to €0
- Gross operating margin +€1,197
up €1,197 (+1.3%), from €90,402 to €91,598
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 | €88,840 | €85,315 | -€3,524 | -4.0% |
| Fixed assets | 21/28 | €1,142 | €3,131 | +€1,989 | +174% |
| Tangible fixed assets | 22/27 | €1,142 | €3,131 | +€1,989 | +174% |
| Plant, machinery and equipment | 23 | €1,005 | €438 | -€567 | -56.4% |
| Furniture and vehicles | 24 | - | €2,692 | +€2,692 | |
| Other tangible fixed assets | 26 | €137 | €0 | -€137 | -100% |
| Current assets | 29/58 | €87,698 | €82,185 | -€5,513 | -6.3% |
| Amounts receivable within one year | 40/41 | €42,669 | €38,910 | -€3,759 | -8.8% |
| Trade receivables | 40 | €34,843 | €27,818 | -€7,024 | -20.2% |
| Other amounts receivable | 41 | €7,827 | €11,092 | +€3,265 | +41.7% |
| Cash at bank and in hand | 54/58 | €41,374 | €41,834 | +€460 | +1.1% |
| Deferred charges and accrued income | 490/1 | €3,655 | €1,441 | -€2,215 | -60.6% |
| Total equity and liabilities | 10/49 | €88,840 | €85,315 | -€3,524 | -4.0% |
| Equity | 10/15 | €1,000 | €69,134 | +€68,134 | +6,813% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €68,134 | +€68,134 | |
| Amounts payable | 17/49 | €87,840 | €16,182 | -€71,658 | -81.6% |
| Amounts payable within one year | 42/48 | €87,840 | €16,182 | -€71,658 | -81.6% |
| Current portion of amounts payable after more than one year | 42 | €1,269 | €0 | -€1,269 | -100% |
| Financial debts | 43 | €1,172 | €1,684 | +€512 | +43.7% |
| Credit institutions | 430/8 | €1,172 | €409 | -€763 | -65.1% |
| Other loans | 439 | - | €1,275 | +€1,275 | |
| Trade debts | 44 | €7,285 | €1,627 | -€5,658 | -77.7% |
| Suppliers | 440/4 | €7,285 | €1,627 | -€5,658 | -77.7% |
| Taxes, remuneration and social security | 45 | €12,192 | €12,871 | +€679 | +5.6% |
| Taxes | 450/3 | €12,192 | €12,871 | +€679 | +5.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €65,922 | €0 | -€65,922 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,170 | €983 | -€187 | -16.0% |
| Other operating charges | 640/8 | €973 | €567 | -€406 | -41.7% |
| Gross operating margin | 9900 | €90,402 | €91,598 | +€1,197 | +1.3% |
| Operating profit (loss) | 9901 | €88,259 | €90,048 | +€1,789 | +2.0% |
| Financial income | 75/76B | €773 | €456 | -€317 | -41.0% |
| Recurring financial income | 75 | €773 | €456 | -€317 | -41.0% |
| Financial charges | 65/66B | €4,274 | €3,765 | -€509 | -11.9% |
| Recurring financial charges | 65 | €4,274 | €3,765 | -€509 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €84,758 | €86,739 | +€1,982 | +2.3% |
| Income taxes | 67/77 | €18,836 | €18,606 | -€230 | -1.2% |
| Profit (loss) for the period | 9904 | €65,922 | €68,134 | +€2,211 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,922 | €68,134 | +€2,211 | +3.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.