P.M.C. WELDING: 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.M.C. WELDING
Largest movements
- Tangible fixed assets -€30,890
down €30,890 (-25.5%), from €120,921 to €90,031
- Receivables within one year -€19,577
down €19,577 (-11.6%), from €169,418 to €149,841
of which Other amounts receivable: -€15,376
- Reserves -€42,512
down €42,512 (-22.6%), from €188,231 to €145,720
of which Distributable reserves: -€42,512
- Other debts +€42,512
up €42,512 (+692%), from €6,139 to €48,651
- Debts after one year -€21,035
down €21,035 (-92.3%), from €22,799 to €1,764
- Profit (loss) carried forward -€16,459
down €16,459 (-95.8%), from -€17,180 to -€33,639
- Tax, wage and social debts -€9,003
down €9,003 (-73.6%), from €12,232 to €3,229
- Financial income +€736
up €736 (+38.1%), from €1,931 to €2,666
- Other operating charges +€228
up €228 (+5.5%), from €4,167 to €4,395
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 | €303,807 | €256,872 | -€46,936 | -15.4% |
| Fixed assets | 21/28 | €120,921 | €90,031 | -€30,890 | -25.5% |
| Tangible fixed assets | 22/27 | €120,921 | €90,031 | -€30,890 | -25.5% |
| Land and buildings | 22 | €120,921 | €90,031 | -€30,890 | -25.5% |
| Current assets | 29/58 | €182,886 | €166,841 | -€16,045 | -8.8% |
| Amounts receivable within one year | 40/41 | €169,418 | €149,841 | -€19,577 | -11.6% |
| Trade receivables | 40 | €5,378 | €1,178 | -€4,200 | -78.1% |
| Other amounts receivable | 41 | €164,040 | €148,663 | -€15,376 | -9.4% |
| Cash at bank and in hand | 54/58 | €6,751 | €9,682 | +€2,931 | +43.4% |
| Deferred charges and accrued income | 490/1 | €6,717 | €7,317 | +€600 | +8.9% |
| Total equity and liabilities | 10/49 | €303,807 | €256,872 | -€46,936 | -15.4% |
| Equity | 10/15 | €241,051 | €182,081 | -€58,970 | -24.5% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €188,231 | €145,720 | -€42,512 | -22.6% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €181,231 | €138,720 | -€42,512 | -23.5% |
| Profit (loss) carried forward | 14 | -€17,180 | -€33,639 | -€16,459 | -95.8% |
| Amounts payable | 17/49 | €62,756 | €74,791 | +€12,035 | +19.2% |
| Amounts payable after more than one year | 17 | €22,799 | €1,764 | -€21,035 | -92.3% |
| Financial debts | 170/4 | €22,799 | €1,764 | -€21,035 | -92.3% |
| Amounts payable within one year | 42/48 | €39,957 | €73,027 | +€33,070 | +82.8% |
| Current portion of amounts payable after more than one year | 42 | €20,794 | €21,035 | +€242 | +1.2% |
| Trade debts | 44 | €792 | €112 | -€680 | -85.9% |
| Suppliers | 440/4 | €792 | €112 | -€680 | -85.9% |
| Taxes, remuneration and social security | 45 | €12,232 | €3,229 | -€9,003 | -73.6% |
| Taxes | 450/3 | €12,232 | €3,229 | -€9,003 | -73.6% |
| Other amounts payable | 47/48 | €6,139 | €48,651 | +€42,512 | +692% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,890 | €30,890 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,167 | €4,395 | +€228 | +5.5% |
| Gross operating margin | 9900 | €17,852 | €17,950 | +€98 | +0.6% |
| Operating profit (loss) | 9901 | -€17,205 | -€17,335 | -€130 | -0.8% |
| Financial income | 75/76B | €1,931 | €2,666 | +€736 | +38.1% |
| Recurring financial income | 75 | €1,931 | €2,666 | +€736 | +38.1% |
| Financial charges | 65/66B | €1,520 | €1,380 | -€141 | -9.2% |
| Recurring financial charges | 65 | €1,520 | €1,380 | -€141 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,794 | -€16,048 | +€747 | +4.4% |
| Income taxes | 67/77 | €386 | €411 | +€25 | +6.5% |
| Profit (loss) for the period | 9904 | -€17,180 | -€16,459 | +€722 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,180 | -€16,459 | +€722 | +4.2% |
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.