P-Mark: 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-Mark
Largest movements
- Tangible fixed assets +€169,376
up €169,376 (+45.7%), from €370,735 to €540,111
of which Land and buildings: +€163,985
- Receivables within one year -€74,295
down €74,295 (-38.3%), from €193,746 to €119,451
of which Other amounts receivable: -€74,156
- Deferred charges and accrued income -€22,070
down €22,070 (-4.5%), from €485,556 to €463,485
- Other debts +€77,664
up €77,664 (+17.1%), from €453,034 to €530,698
- Debts after one year -€18,110
down €18,110 (-5.0%), from €359,393 to €341,284
- Financial charges -€5,295
down €5,295 (-23.1%), from €22,925 to €17,630
- Gross operating margin -€2,984
down €2,984 (-5.5%), from €54,130 to €51,146
- Depreciation +€1,282
up €1,282 (+4.8%), from €26,837 to €28,119
- Other operating charges +€842
up €842 (+64.0%), from €1,317 to €2,159
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.
Cash bridge derived
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 | €1,057,121 | €1,133,501 | +€76,380 | +7.2% |
| Fixed assets | 21/28 | €372,193 | €541,361 | +€169,168 | +45.5% |
| Tangible fixed assets | 22/27 | €370,735 | €540,111 | +€169,376 | +45.7% |
| Land and buildings | 22 | €333,045 | €497,029 | +€163,985 | +49.2% |
| Plant, machinery and equipment | 23 | €7,840 | €5,988 | -€1,853 | -23.6% |
| Furniture and vehicles | 24 | €29,850 | €37,094 | +€7,244 | +24.3% |
| Financial fixed assets | 28 | €1,458 | €1,250 | -€208 | -14.3% |
| Current assets | 29/58 | €684,928 | €592,140 | -€92,788 | -13.5% |
| Amounts receivable within one year | 40/41 | €193,746 | €119,451 | -€74,295 | -38.3% |
| Trade receivables | 40 | €139 | - | -€139 | |
| Other amounts receivable | 41 | €193,606 | €119,451 | -€74,156 | -38.3% |
| Cash at bank and in hand | 54/58 | €5,626 | €9,204 | +€3,577 | +63.6% |
| Deferred charges and accrued income | 490/1 | €485,556 | €463,485 | -€22,070 | -4.5% |
| Total equity and liabilities | 10/49 | €1,057,121 | €1,133,501 | +€76,380 | +7.2% |
| Equity | 10/15 | €163,952 | €165,386 | +€1,434 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €145,352 | €146,786 | +€1,434 | +1.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €143,492 | €146,786 | +€3,294 | +2.3% |
| Amounts payable | 17/49 | €893,169 | €968,115 | +€74,945 | +8.4% |
| Amounts payable after more than one year | 17 | €359,393 | €341,284 | -€18,110 | -5.0% |
| Financial debts | 170/4 | €359,393 | €341,284 | -€18,110 | -5.0% |
| Amounts payable within one year | 42/48 | €523,438 | €607,140 | +€83,703 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €17,358 | €18,110 | +€752 | +4.3% |
| Trade debts | 44 | €17,046 | €19,347 | +€2,301 | +13.5% |
| Suppliers | 440/4 | €17,046 | €19,347 | +€2,301 | +13.5% |
| Taxes, remuneration and social security | 45 | €36,000 | €38,986 | +€2,986 | +8.3% |
| Taxes | 450/3 | - | €2,986 | +€2,986 | |
| Remuneration and social security | 454/9 | €36,000 | €36,000 | = | 0.0% |
| Other amounts payable | 47/48 | €453,034 | €530,698 | +€77,664 | +17.1% |
| Accrued charges and deferred income | 492/3 | €10,338 | €19,691 | +€9,353 | +90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,837 | €28,119 | +€1,282 | +4.8% |
| Other operating charges | 640/8 | €1,317 | €2,159 | +€842 | +64.0% |
| Gross operating margin | 9900 | €54,130 | €51,146 | -€2,984 | -5.5% |
| Operating profit (loss) | 9901 | €25,976 | €20,867 | -€5,109 | -19.7% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €22,925 | €17,630 | -€5,295 | -23.1% |
| Recurring financial charges | 65 | €22,925 | €17,630 | -€5,295 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €3,051 | €3,239 | +€188 | +6.2% |
| Income taxes | 67/77 | €1,865 | €1,805 | -€60 | -3.2% |
| Profit (loss) for the period | 9904 | €1,186 | €1,434 | +€248 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,186 | €1,434 | +€248 | +20.9% |
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 11 October 2026 via checked.be.