P.R.M.: 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.R.M.
Largest movements
- Receivables within one year -€26,649
down €26,649 (-12.4%), from €214,489 to €187,840
of which Trade receivables: -€25,244
- Tangible fixed assets -€11,073
down €11,073 (-33.0%), from €33,525 to €22,452
of which Other tangible fixed assets: -€7,501
- Profit (loss) carried forward -€21,069
down €21,069 (-95.7%), from -€22,022 to -€43,090
- Trade debts -€17,975
down €17,975 (-78.1%), from €23,010 to €5,036
- Debts after one year -€7,732
down €7,732 (-29.0%), from €26,678 to €18,947
- Tax, wage and social debts +€6,542
up €6,542 (+150%), from €4,349 to €10,891
- Gross operating margin +€781
up €781 (+8.3%), from -€9,392 to -€8,611
- Depreciation -€659
down €659 (-5.6%), from €11,732 to €11,073
- Other operating charges +€484
up €484 (+115%), from €422 to €906
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 | €252,610 | €212,701 | -€39,910 | -15.8% |
| Fixed assets | 21/28 | €33,525 | €22,452 | -€11,073 | -33.0% |
| Tangible fixed assets | 22/27 | €33,525 | €22,452 | -€11,073 | -33.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €11,290 | €7,718 | -€3,572 | -31.6% |
| Other tangible fixed assets | 26 | €22,235 | €14,734 | -€7,501 | -33.7% |
| Current assets | 29/58 | €219,085 | €190,248 | -€28,837 | -13.2% |
| Amounts receivable within one year | 40/41 | €214,489 | €187,840 | -€26,649 | -12.4% |
| Trade receivables | 40 | €36,877 | €11,633 | -€25,244 | -68.5% |
| Other amounts receivable | 41 | €177,612 | €176,206 | -€1,406 | -0.8% |
| Cash at bank and in hand | 54/58 | €0 | €210 | +€210 | |
| Deferred charges and accrued income | 490/1 | €4,596 | €2,198 | -€2,398 | -52.2% |
| Total equity and liabilities | 10/49 | €252,610 | €212,701 | -€39,910 | -15.8% |
| Equity | 10/15 | €180,029 | €158,960 | -€21,069 | -11.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €183,458 | €183,458 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,777 | €1,777 | = | 0.0% |
| Distributable reserves | 133 | €179,822 | €179,822 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,022 | -€43,090 | -€21,069 | -95.7% |
| Amounts payable | 17/49 | €72,582 | €53,740 | -€18,841 | -26.0% |
| Amounts payable after more than one year | 17 | €26,678 | €18,947 | -€7,732 | -29.0% |
| Financial debts | 170/4 | €26,678 | €18,947 | -€7,732 | -29.0% |
| Amounts payable within one year | 42/48 | €45,903 | €34,756 | -€11,147 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €6,928 | €7,165 | +€237 | +3.4% |
| Financial debts | 43 | €246 | - | -€246 | |
| Credit institutions | 430/8 | €246 | - | -€246 | |
| Trade debts | 44 | €23,010 | €5,036 | -€17,975 | -78.1% |
| Suppliers | 440/4 | €23,010 | €5,036 | -€17,975 | -78.1% |
| Taxes, remuneration and social security | 45 | €4,349 | €10,891 | +€6,542 | +150% |
| Taxes | 450/3 | €4,349 | €10,891 | +€6,542 | +150% |
| Other amounts payable | 47/48 | €11,371 | €11,665 | +€294 | +2.6% |
| Accrued charges and deferred income | 492/3 | - | €38 | +€38 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,732 | €11,073 | -€659 | -5.6% |
| Other operating charges | 640/8 | €422 | €906 | +€484 | +115% |
| Gross operating margin | 9900 | -€9,392 | -€8,611 | +€781 | +8.3% |
| Operating profit (loss) | 9901 | -€21,546 | -€20,590 | +€956 | +4.4% |
| Financial income | 75/76B | €1,776 | €1,762 | -€14 | -0.8% |
| Recurring financial income | 75 | €1,776 | €1,762 | -€14 | -0.8% |
| Financial charges | 65/66B | €1,929 | €1,863 | -€65 | -3.4% |
| Recurring financial charges | 65 | €1,929 | €1,863 | -€65 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,699 | -€20,691 | +€1,007 | +4.6% |
| Income taxes | 67/77 | €323 | €377 | +€54 | +16.9% |
| Profit (loss) for the period | 9904 | -€22,022 | -€21,069 | +€953 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,022 | -€21,069 | +€953 | +4.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.