P.M. CONSTRUCTIE: 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. CONSTRUCTIE
Largest movements
- Stocks and contracts +€129,825
up €129,825 (+948%), from €13,691 to €143,516
- Tangible fixed assets -€23,109
down €23,109 (-23.5%), from €98,451 to €75,341
of which Leasing and similar rights: -€14,422
- Cash -€20,995
down €20,995 (-34.1%), from €61,590 to €40,594
mainly Stocks and contracts (-€129,825) and Receivables within one year (-€8,548)
- Receivables within one year +€8,548
up €8,548 (+10.9%), from €78,329 to €86,877
of which Other amounts receivable: +€35,010
- Deferred charges and accrued income -€4,134
down €4,134 (-49.2%), from €8,407 to €4,273
- Other debts +€74,495
up €74,495 (+463%), from €16,104 to €90,599
- Reserves +€20,268
up €20,268 (+11.1%), from €182,990 to €203,259
- Current portion of long-term debt -€8,491
no longer reported in 2025 (was €8,491)
- Tax, wage and social debts +€4,219
up €4,219 (+508%), from €831 to €5,050
- Gross operating margin +€6,947
up €6,947 (+14.5%), from €48,009 to €54,957
- Depreciation +€3,863
up €3,863 (+20.1%), from €19,246 to €23,109
- Taxes +€1,350
up €1,350 (+15.5%), from €8,700 to €10,050
- Other operating charges -€1,293
down €1,293 (-67.5%), from €1,917 to €623
- Financial charges +€668
up €668 (+174%), from €383 to €1,050
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 | €260,467 | €350,602 | +€90,135 | +34.6% |
| Fixed assets | 21/28 | €98,451 | €75,341 | -€23,109 | -23.5% |
| Tangible fixed assets | 22/27 | €98,451 | €75,341 | -€23,109 | -23.5% |
| Land and buildings | 22 | €50,000 | €50,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €15,574 | €13,137 | -€2,438 | -15.7% |
| Furniture and vehicles | 24 | €10,434 | €4,184 | -€6,250 | -59.9% |
| Leasing and similar rights | 25 | €22,442 | €8,021 | -€14,422 | -64.3% |
| Current assets | 29/58 | €162,016 | €275,260 | +€113,244 | +69.9% |
| Stocks and contracts in progress | 3 | €13,691 | €143,516 | +€129,825 | +948% |
| Contracts in progress | 37 | €13,691 | €143,516 | +€129,825 | +948% |
| Amounts receivable within one year | 40/41 | €78,329 | €86,877 | +€8,548 | +10.9% |
| Trade receivables | 40 | €60,654 | €34,193 | -€26,462 | -43.6% |
| Other amounts receivable | 41 | €17,675 | €52,684 | +€35,010 | +198% |
| Cash at bank and in hand | 54/58 | €61,590 | €40,594 | -€20,995 | -34.1% |
| Deferred charges and accrued income | 490/1 | €8,407 | €4,273 | -€4,134 | -49.2% |
| Total equity and liabilities | 10/49 | €260,467 | €350,602 | +€90,135 | +34.6% |
| Equity | 10/15 | €203,490 | €223,759 | +€20,268 | +10.0% |
| Contributions | 10/11 | €20,500 | €20,500 | = | 0.0% |
| Reserves | 13 | €182,990 | €203,259 | +€20,268 | +11.1% |
| Distributable reserves | 133 | €182,990 | €203,259 | +€20,268 | +11.1% |
| Provisions and deferred taxes | 16 | €12,039 | €12,039 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €12,039 | €12,039 | = | 0.0% |
| Pensions and similar obligations | 160 | €12,039 | €12,039 | = | 0.0% |
| Amounts payable | 17/49 | €44,938 | €114,804 | +€69,867 | +155% |
| Amounts payable within one year | 42/48 | €44,938 | €114,804 | +€69,867 | +155% |
| Current portion of amounts payable after more than one year | 42 | €8,491 | - | -€8,491 | |
| Trade debts | 44 | €19,513 | €19,156 | -€357 | -1.8% |
| Suppliers | 440/4 | €19,513 | €19,156 | -€357 | -1.8% |
| Taxes, remuneration and social security | 45 | €831 | €5,050 | +€4,219 | +508% |
| Taxes | 450/3 | €831 | €5,050 | +€4,219 | +508% |
| Other amounts payable | 47/48 | €16,104 | €90,599 | +€74,495 | +463% |
| Non-recurring operating income | 76A | €700 | - | -€700 | |
| Remuneration, social security and pensions | 62 | €446 | - | -€446 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,246 | €23,109 | +€3,863 | +20.1% |
| Other operating charges | 640/8 | €1,917 | €623 | -€1,293 | -67.5% |
| Non-recurring operating charges | 66A | - | €270 | +€270 | |
| Gross operating margin | 9900 | €48,009 | €54,957 | +€6,947 | +14.5% |
| Operating profit (loss) | 9901 | €26,400 | €30,954 | +€4,554 | +17.3% |
| Financial income | 75/76B | €4 | €415 | +€411 | +10,069% |
| Recurring financial income | 75 | €4 | €415 | +€411 | +10,069% |
| Financial charges | 65/66B | €383 | €1,050 | +€668 | +174% |
| Recurring financial charges | 65 | €383 | €1,050 | +€668 | +174% |
| Profit (loss) for the period before taxes | 9903 | €26,021 | €30,319 | +€4,298 | +16.5% |
| Income taxes | 67/77 | €8,700 | €10,050 | +€1,350 | +15.5% |
| Profit (loss) for the period | 9904 | €17,321 | €20,268 | +€2,948 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,321 | €20,268 | +€2,948 | +17.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.