PCM: 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.
PCM
Largest movements
- Receivables within one year +€4,563
up €4,563 (+992%), from €460 to €5,023
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€5,164
up €5,164, from -€2,073 to €3,091
- Other operating charges +€168
up €168 (+43.8%), from €384 to €553
- Financial charges +€53
up €53 (+32.7%), from €163 to €217
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 | €426,781 | €430,495 | +€3,714 | +0.9% |
| Fixed assets | 21/28 | €423,000 | €423,000 | = | 0.0% |
| Financial fixed assets | 28 | €423,000 | €423,000 | = | 0.0% |
| Current assets | 29/58 | €3,781 | €7,495 | +€3,714 | +98.2% |
| Amounts receivable within one year | 40/41 | €460 | €5,023 | +€4,563 | +992% |
| Trade receivables | 40 | €460 | €5,023 | +€4,563 | +992% |
| Cash at bank and in hand | 54/58 | €2,387 | €1,531 | -€856 | -35.8% |
| Deferred charges and accrued income | 490/1 | €935 | €941 | +€6 | +0.7% |
| Total equity and liabilities | 10/49 | €426,781 | €430,495 | +€3,714 | +0.9% |
| Equity | 10/15 | -€1,020 | €1,302 | +€2,322 | |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,220 | €102 | +€2,322 | |
| Amounts payable | 17/49 | €427,801 | €429,193 | +€1,392 | +0.3% |
| Amounts payable within one year | 42/48 | €427,801 | €429,193 | +€1,392 | +0.3% |
| Trade debts | 44 | €1,129 | €1,129 | = | 0.0% |
| Suppliers | 440/4 | €1,129 | €1,129 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €830 | €859 | +€28 | +3.4% |
| Taxes | 450/3 | €830 | €859 | +€28 | +3.4% |
| Other amounts payable | 47/48 | €425,842 | €427,206 | +€1,364 | +0.3% |
| Other operating charges | 640/8 | €384 | €553 | +€168 | +43.8% |
| Gross operating margin | 9900 | -€2,073 | €3,091 | +€5,164 | |
| Operating profit (loss) | 9901 | -€2,457 | €2,539 | +€4,996 | |
| Financial charges | 65/66B | €163 | €217 | +€53 | +32.7% |
| Recurring financial charges | 65 | €163 | €217 | +€53 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,620 | €2,322 | +€4,942 | |
| Income taxes | 67/77 | -€17 | - | +€17 | |
| Profit (loss) for the period | 9904 | -€2,604 | €2,322 | +€4,925 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,604 | €2,322 | +€4,925 |
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 20 October 2026 via checked.be.