P.M Journey: what changed
P.M Journey
Largest movements
- Cash +€22,570
up €22,570 (+130%), from €17,403 to €39,973
mainly Net result for the year (+€19,859) and Tax, wage and social debts (+€6,224)
- Receivables within one year +€1,997
up €1,997 (+16.3%), from €12,221 to €14,218
of which Other amounts receivable: +€7,079
- Reserves +€19,859
up €19,859 (+137%), from €14,538 to €34,397
- Tax, wage and social debts +€6,224
up €6,224 (+54.1%), from €11,514 to €17,738
- Trade debts -€1,458
down €1,458 (-74.8%), from €1,950 to €492
- Gross operating margin +€11,089
up €11,089 (+59.0%), from €18,804 to €29,894
- Taxes +€4,919
up €4,919 (+128%), from €3,845 to €8,763
- Financial charges +€785
up €785 (+905%), from €87 to €872
- Other operating charges +€343
up €343 (+76.6%), from €447 to €790
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,001 | €54,626 | +€24,625 | +82.1% |
| Current assets | 29/58 | €30,001 | €54,626 | +€24,625 | +82.1% |
| Amounts receivable within one year | 40/41 | €12,221 | €14,218 | +€1,997 | +16.3% |
| Trade receivables | 40 | €11,979 | €6,897 | -€5,082 | -42.4% |
| Other amounts receivable | 41 | €242 | €7,321 | +€7,079 | +2,931% |
| Cash at bank and in hand | 54/58 | €17,403 | €39,973 | +€22,570 | +130% |
| Deferred charges and accrued income | 490/1 | €377 | €436 | +€58 | +15.4% |
| Total equity and liabilities | 10/49 | €30,001 | €54,626 | +€24,625 | +82.1% |
| Equity | 10/15 | €16,538 | €36,397 | +€19,859 | +120% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €14,538 | €34,397 | +€19,859 | +137% |
| Distributable reserves | 133 | €14,538 | €34,397 | +€19,859 | +137% |
| Amounts payable | 17/49 | €13,464 | €18,230 | +€4,766 | +35.4% |
| Amounts payable within one year | 42/48 | €13,464 | €18,230 | +€4,766 | +35.4% |
| Trade debts | 44 | €1,950 | €492 | -€1,458 | -74.8% |
| Suppliers | 440/4 | €1,950 | €492 | -€1,458 | -74.8% |
| Taxes, remuneration and social security | 45 | €11,514 | €17,738 | +€6,224 | +54.1% |
| Taxes | 450/3 | €11,514 | €17,738 | +€6,224 | +54.1% |
| Other operating charges | 640/8 | €447 | €790 | +€343 | +76.6% |
| Gross operating margin | 9900 | €18,804 | €29,894 | +€11,089 | +59.0% |
| Operating profit (loss) | 9901 | €18,357 | €29,104 | +€10,747 | +58.5% |
| Financial income | 75/76B | €113 | €390 | +€278 | +247% |
| Recurring financial income | 75 | €113 | €390 | +€278 | +247% |
| Financial charges | 65/66B | €87 | €872 | +€785 | +905% |
| Recurring financial charges | 65 | €87 | €872 | +€785 | +905% |
| Profit (loss) for the period before taxes | 9903 | €18,383 | €28,622 | +€10,240 | +55.7% |
| Income taxes | 67/77 | €3,845 | €8,763 | +€4,919 | +128% |
| Profit (loss) for the period | 9904 | €14,538 | €19,859 | +€5,321 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,538 | €19,859 | +€5,321 | +36.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.