P.M.V.: 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.V.
Largest movements
- Cash -€4,596
down €4,596 (-42.9%), from €10,702 to €6,106
mainly Net result for the year (-€3,363) and Other debts (-€2,160)
- Profit (loss) carried forward -€3,363
down €3,363 (-45.0%), from €7,466 to €4,103
- Other debts -€2,160
down €2,160 (-98.5%), from €2,194 to €33
- Gross operating margin +€1,329
up €1,329 (+58.2%), from -€2,285 to -€955
- Depreciation -€413
down €413 (-32.6%), from €1,269 to €855
- Taxes +€302
up €302, from €0 to €302
- Financial income +€88
up €88 (+9.5%), from €920 to €1,008
- Other operating charges +€66
up €66 (+3.0%), from €2,154 to €2,220
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 | €118,286 | €113,067 | -€5,219 | -4.4% |
| Fixed assets | 21/28 | €27,305 | €26,449 | -€855 | -3.1% |
| Tangible fixed assets | 22/27 | €27,305 | €26,449 | -€855 | -3.1% |
| Land and buildings | 22 | €27,197 | €26,449 | -€748 | -2.7% |
| Furniture and vehicles | 24 | €108 | €0 | -€108 | -100% |
| Current assets | 29/58 | €90,981 | €86,617 | -€4,363 | -4.8% |
| Amounts receivable within one year | 40/41 | €279 | €512 | +€233 | +83.3% |
| Trade receivables | 40 | €279 | €512 | +€233 | +83.3% |
| Current investments | 50/53 | €80,000 | €80,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,702 | €6,106 | -€4,596 | -42.9% |
| Total equity and liabilities | 10/49 | €118,286 | €113,067 | -€5,219 | -4.4% |
| Equity | 10/15 | €115,579 | €112,216 | -€3,363 | -2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,512 | €89,512 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €89,512 | €89,512 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,466 | €4,103 | -€3,363 | -45.0% |
| Amounts payable | 17/49 | €2,707 | €851 | -€1,856 | -68.5% |
| Amounts payable within one year | 42/48 | €2,707 | €851 | -€1,856 | -68.5% |
| Trade debts | 44 | €513 | €818 | +€305 | +59.4% |
| Suppliers | 440/4 | €513 | €818 | +€305 | +59.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,194 | €33 | -€2,160 | -98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,269 | €855 | -€413 | -32.6% |
| Other operating charges | 640/8 | €2,154 | €2,220 | +€66 | +3.0% |
| Gross operating margin | 9900 | -€2,285 | -€955 | +€1,329 | +58.2% |
| Operating profit (loss) | 9901 | -€5,708 | -€4,031 | +€1,677 | +29.4% |
| Financial income | 75/76B | €920 | €1,008 | +€88 | +9.5% |
| Recurring financial income | 75 | €920 | €1,008 | +€88 | +9.5% |
| Financial charges | 65/66B | €38 | €38 | = | 0.0% |
| Recurring financial charges | 65 | €38 | €38 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,826 | -€3,061 | +€1,765 | +36.6% |
| Income taxes | 67/77 | €0 | €302 | +€302 | |
| Profit (loss) for the period | 9904 | -€4,826 | -€3,363 | +€1,462 | +30.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,826 | -€3,363 | +€1,462 | +30.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.