P.M.: 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.M.
Largest movements
- Deferred charges and accrued income -€13,510
no longer reported in 2025 (was €13,510)
- Stocks and contracts +€986
up €986 (+5.3%), from €18,537 to €19,523
- Cash +€809
up €809 (+103.4%), from €782 to €1,591
mainly Other debts (+€27,371) and Deferred charges and accrued income (+€13,510)
- Other debts +€27,371
new in 2025: €27,371
- Trade debts -€27,122
down €27,122 (-81.5%), from €33,275 to €6,153
- Profit (loss) carried forward -€13,423
down €13,423 (-6441.8%), from -€208 to -€13,631
- Tax, wage and social debts +€1,222
new in 2025: €1,222
- Other operating charges +€13,146
up €13,146 (+1682.9%), from €781 to €13,927
- Gross operating margin +€4,228
up €4,228, from -€3,519 to €709
- Taxes -€1,718
no longer reported in 2025 (was €1,718)
- Financial income +€153
up €153 (+83.7%), from €182 to €335
- Financial charges +€120
up €120 (+28.6%), from €420 to €540
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 | €33,066 | €21,114 | -€11,952 | -36.1% |
| Current assets | 29/58 | €33,066 | €21,114 | -€11,952 | -36.1% |
| Stocks and contracts in progress | 3 | €18,537 | €19,523 | +€986 | +5.3% |
| Stocks | 30/36 | €18,537 | €19,523 | +€986 | +5.3% |
| Amounts receivable within one year | 40/41 | €238 | - | -€238 | |
| Other amounts receivable | 41 | €238 | - | -€238 | |
| Cash at bank and in hand | 54/58 | €782 | €1,591 | +€809 | +103.4% |
| Deferred charges and accrued income | 490/1 | €13,510 | - | -€13,510 | |
| Total equity and liabilities | 10/49 | €33,066 | €21,114 | -€11,952 | -36.1% |
| Equity | 10/15 | -€208 | -€13,631 | -€13,423 | -6441.8% |
| Profit (loss) carried forward | 14 | -€208 | -€13,631 | -€13,423 | -6441.8% |
| Amounts payable | 17/49 | €33,275 | €34,745 | +€1,471 | +4.4% |
| Amounts payable within one year | 42/48 | €33,275 | €34,745 | +€1,471 | +4.4% |
| Trade debts | 44 | €33,275 | €6,153 | -€27,122 | -81.5% |
| Suppliers | 440/4 | €33,275 | €6,153 | -€27,122 | -81.5% |
| Taxes, remuneration and social security | 45 | - | €1,222 | +€1,222 | |
| Taxes | 450/3 | - | €1,222 | +€1,222 | |
| Other amounts payable | 47/48 | - | €27,371 | +€27,371 | |
| Other operating charges | 640/8 | €781 | €13,927 | +€13,146 | +1682.9% |
| Gross operating margin | 9900 | -€3,519 | €709 | +€4,228 | |
| Operating profit (loss) | 9901 | -€4,300 | -€13,218 | -€8,918 | -207.4% |
| Financial income | 75/76B | €182 | €335 | +€153 | +83.7% |
| Recurring financial income | 75 | €182 | €335 | +€153 | +83.7% |
| Financial charges | 65/66B | €420 | €540 | +€120 | +28.6% |
| Recurring financial charges | 65 | €420 | €540 | +€120 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,538 | -€13,423 | -€8,885 | -195.8% |
| Income taxes | 67/77 | €1,718 | - | -€1,718 | |
| Profit (loss) for the period | 9904 | -€6,256 | -€13,423 | -€7,167 | -114.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,256 | -€13,423 | -€7,167 | -114.6% |
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 7 October 2026 via checked.be.