P.M.S.CAR: what changed
P.M.S.CAR
Largest movements
- Cash +€14,019
up €14,019 (+43.5%), from €32,220 to €46,239
mainly Receivables within one year (+€7,220) and Depreciation (+€5,271)
- Receivables within one year -€7,220
down €7,220 (-24.8%), from €29,117 to €21,897
- Tangible fixed assets -€5,271
down €5,271 (-7.5%), from €70,439 to €65,168
of which Land and buildings: -€4,015
- Deferred charges and accrued income -€2,103
down €2,103 (-33.4%), from €6,290 to €4,187
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€9,063
down €9,063 (-42.3%), from €21,431 to €12,368
- Depreciation -€4,945
down €4,945 (-48.4%), from €10,216 to €5,271
- Other operating charges +€401
up €401 (+9.3%), from €4,299 to €4,700
- Taxes -€397
down €397 (-11.6%), from €3,407 to €3,011
- Financial income -€297
down €297 (-99.4%), from €299 to €2
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 | €138,215 | €137,641 | -€574 | -0.4% |
| Fixed assets | 21/28 | €70,589 | €65,318 | -€5,271 | -7.5% |
| Tangible fixed assets | 22/27 | €70,439 | €65,168 | -€5,271 | -7.5% |
| Land and buildings | 22 | €69,183 | €65,168 | -€4,015 | -5.8% |
| Plant, machinery and equipment | 23 | €1,255 | €0 | -€1,255 | -100.0% |
| Furniture and vehicles | 24 | €0 | €0 | -€0 | -100% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €67,626 | €72,323 | +€4,696 | +6.9% |
| Amounts receivable within one year | 40/41 | €29,117 | €21,897 | -€7,220 | -24.8% |
| Trade receivables | 40 | €29,117 | €21,897 | -€7,220 | -24.8% |
| Cash at bank and in hand | 54/58 | €32,220 | €46,239 | +€14,019 | +43.5% |
| Deferred charges and accrued income | 490/1 | €6,290 | €4,187 | -€2,103 | -33.4% |
| Total equity and liabilities | 10/49 | €138,215 | €137,641 | -€574 | -0.4% |
| Equity | 10/15 | €118,545 | €117,324 | -€1,221 | -1.0% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €3,720 | €3,720 | = | 0.0% |
| Distributable reserves | 133 | €3,720 | €3,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,625 | €76,404 | -€1,221 | -1.6% |
| Amounts payable | 17/49 | €19,670 | €20,317 | +€647 | +3.3% |
| Amounts payable within one year | 42/48 | €19,670 | €20,313 | +€643 | +3.3% |
| Trade debts | 44 | €8,571 | €8,923 | +€352 | +4.1% |
| Suppliers | 440/4 | €8,571 | €8,923 | +€352 | +4.1% |
| Advances received on contracts in progress | 46 | €1,108 | €0 | -€1,108 | -100% |
| Taxes, remuneration and social security | 45 | €6,493 | €7,850 | +€1,357 | +20.9% |
| Taxes | 450/3 | €6,493 | €7,850 | +€1,357 | +20.9% |
| Other amounts payable | 47/48 | €3,497 | €3,540 | +€42 | +1.2% |
| Accrued charges and deferred income | 492/3 | - | €3 | +€3 | |
| Non-recurring operating income | 76A | €4,499 | - | -€4,499 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,216 | €5,271 | -€4,945 | -48.4% |
| Other operating charges | 640/8 | €4,299 | €4,700 | +€401 | +9.3% |
| Gross operating margin | 9900 | €21,431 | €12,368 | -€9,063 | -42.3% |
| Operating profit (loss) | 9901 | €6,916 | €2,397 | -€4,519 | -65.3% |
| Financial income | 75/76B | €299 | €2 | -€297 | -99.4% |
| Recurring financial income | 75 | €299 | €2 | -€297 | -99.4% |
| Financial charges | 65/66B | €880 | €609 | -€270 | -30.7% |
| Recurring financial charges | 65 | €880 | €609 | -€270 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €6,335 | €1,790 | -€4,546 | -71.8% |
| Income taxes | 67/77 | €3,407 | €3,011 | -€397 | -11.6% |
| Profit (loss) for the period | 9904 | €2,928 | -€1,221 | -€4,149 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,928 | -€1,221 | -€4,149 |
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 8 November 2026 via checked.be.