P.M.C.: 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.C.
Largest movements
- Receivables within one year +€73,081
up €73,081 (+9.0%), from €813,757 to €886,838
of which Trade receivables: +€44,756
- Cash -€72,505
down €72,505 (-98.4%), from €73,697 to €1,192
mainly Receivables within one year (-€73,081) and Trade debts (-€1,189)
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€244,043
down €244,043 (-100.0%), from €244,079 to €36
- Gross operating margin -€60,014
down €60,014, from €35,674 to -€24,340
- Financial income +€25,227
up €25,227 (+6638750.0%), from €0 to €25,228
- Taxes -€6,952
down €6,952 (-96.0%), from €7,239 to €287
- Other operating charges -€557
down €557 (-50.6%), from €1,101 to €544
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 | €927,454 | €928,030 | +€576 | +0.1% |
| Fixed assets | 21/28 | €40,000 | €40,000 | = | 0.0% |
| Financial fixed assets | 28 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €887,454 | €888,030 | +€576 | +0.1% |
| Amounts receivable within one year | 40/41 | €813,757 | €886,838 | +€73,081 | +9.0% |
| Trade receivables | 40 | €59,168 | €103,925 | +€44,756 | +75.6% |
| Other amounts receivable | 41 | €754,589 | €782,913 | +€28,325 | +3.8% |
| Cash at bank and in hand | 54/58 | €73,697 | €1,192 | -€72,505 | -98.4% |
| Total equity and liabilities | 10/49 | €927,454 | €928,030 | +€576 | +0.1% |
| Equity | 10/15 | €919,967 | €919,989 | +€21 | 0.0% |
| Contributions | 10/11 | €852,490 | €852,490 | = | 0.0% |
| Reserves | 13 | €67,477 | €67,499 | +€21 | 0.0% |
| Distributable reserves | 133 | €67,477 | €67,499 | +€21 | 0.0% |
| Amounts payable | 17/49 | €7,487 | €8,041 | +€555 | +7.4% |
| Amounts payable within one year | 42/48 | €5,482 | €5,918 | +€436 | +8.0% |
| Trade debts | 44 | €2,610 | €1,421 | -€1,189 | -45.5% |
| Suppliers | 440/4 | €2,610 | €1,421 | -€1,189 | -45.5% |
| Taxes, remuneration and social security | 45 | €2,872 | €4,497 | +€1,625 | +56.6% |
| Taxes | 450/3 | €2,872 | €1,591 | -€1,281 | -44.6% |
| Remuneration and social security | 454/9 | €0 | €2,906 | +€2,906 | |
| Accrued charges and deferred income | 492/3 | €2,004 | €2,123 | +€119 | +5.9% |
| Other operating charges | 640/8 | €1,101 | €544 | -€557 | -50.6% |
| Gross operating margin | 9900 | €35,674 | -€24,340 | -€60,014 | |
| Operating profit (loss) | 9901 | €34,574 | -€24,884 | -€59,457 | |
| Financial income | 75/76B | €0 | €25,228 | +€25,227 | +6638750.0% |
| Recurring financial income | 75 | €0 | €25,228 | +€25,227 | +6638750.0% |
| Financial charges | 65/66B | €244,079 | €36 | -€244,043 | -100.0% |
| Recurring financial charges | 65 | €244,079 | €36 | -€244,043 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€209,505 | €308 | +€209,813 | |
| Income taxes | 67/77 | €7,239 | €287 | -€6,952 | -96.0% |
| Profit (loss) for the period | 9904 | -€216,744 | €21 | +€216,766 | |
| Profit (loss) for the period to be appropriated | 9905 | -€216,744 | €21 | +€216,766 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.