PCM CONSTRUCTS: 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 CONSTRUCTS
Largest movements
- Stocks and contracts -€54,605
down €54,605 (-43.0%), from €126,914 to €72,309
- Receivables within one year -€38,426
down €38,426 (-83.8%), from €45,861 to €7,436
of which Trade receivables: -€44,337
- Tangible fixed assets -€10,841
down €10,841 (-30.2%), from €35,922 to €25,081
- Cash -€10,576
down €10,576 (-51.6%), from €20,487 to €9,911
mainly Net result for the year (-€79,106) and Trade debts (-€74,464)
- Profit (loss) carried forward -€79,106
down €79,106, from €21,275 to -€57,831
- Trade debts -€74,464
down €74,464 (-68.2%), from €109,241 to €34,777
- Other debts +€46,531
up €46,531 (+72.7%), from €64,032 to €110,563
- Debts after one year -€6,371
down €6,371 (-32.8%), from €19,423 to €13,052
- Turnover -€253,173
down €253,173 (-45.8%), from €553,218 to €300,045
- Purchases and services -€180,862
down €180,862 (-33.3%), from €543,670 to €362,808
- Gross operating margin -€72,136
down €72,136, from €13,010 to -€59,125
- Depreciation +€6,734
up €6,734 (+84.7%), from €7,951 to €14,685
- Other operating charges -€6,665
down €6,665 (-67.5%), from €9,880 to €3,215
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,623 | €115,542 | -€115,081 | -49.9% |
| Fixed assets | 21/28 | €37,361 | €25,886 | -€11,475 | -30.7% |
| Intangible fixed assets | 21 | €1,029 | €396 | -€633 | -61.5% |
| Tangible fixed assets | 22/27 | €35,922 | €25,081 | -€10,841 | -30.2% |
| Furniture and vehicles | 24 | €35,922 | €25,081 | -€10,841 | -30.2% |
| Financial fixed assets | 28 | €409 | €409 | = | 0.0% |
| Current assets | 29/58 | €193,263 | €89,656 | -€103,607 | -53.6% |
| Stocks and contracts in progress | 3 | €126,914 | €72,309 | -€54,605 | -43.0% |
| Stocks | 30/36 | €126,914 | €72,309 | -€54,605 | -43.0% |
| Amounts receivable within one year | 40/41 | €45,861 | €7,436 | -€38,426 | -83.8% |
| Trade receivables | 40 | €44,575 | €238 | -€44,337 | -99.5% |
| Other amounts receivable | 41 | €1,286 | €7,197 | +€5,911 | +460% |
| Cash at bank and in hand | 54/58 | €20,487 | €9,911 | -€10,576 | -51.6% |
| Total equity and liabilities | 10/49 | €230,623 | €115,542 | -€115,081 | -49.9% |
| Equity | 10/15 | €29,335 | -€49,771 | -€79,106 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,275 | -€57,831 | -€79,106 | |
| Amounts payable | 17/49 | €201,288 | €165,313 | -€35,975 | -17.9% |
| Amounts payable after more than one year | 17 | €19,423 | €13,052 | -€6,371 | -32.8% |
| Financial debts | 170/4 | €19,423 | €13,052 | -€6,371 | -32.8% |
| Amounts payable within one year | 42/48 | €181,865 | €152,245 | -€29,619 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €6,082 | €6,369 | +€287 | +4.7% |
| Trade debts | 44 | €109,241 | €34,777 | -€74,464 | -68.2% |
| Suppliers | 440/4 | €109,241 | €34,777 | -€74,464 | -68.2% |
| Taxes, remuneration and social security | 45 | €2,510 | €537 | -€1,973 | -78.6% |
| Taxes | 450/3 | €2,510 | €537 | -€1,973 | -78.6% |
| Other amounts payable | 47/48 | €64,032 | €110,563 | +€46,531 | +72.7% |
| Accrued charges and deferred income | 492/3 | - | €15 | +€15 | |
| Turnover | 70 | €553,218 | €300,045 | -€253,173 | -45.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €543,670 | €362,808 | -€180,862 | -33.3% |
| Remuneration, social security and pensions | 62 | €735 | - | -€735 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,951 | €14,685 | +€6,734 | +84.7% |
| Other operating charges | 640/8 | €9,880 | €3,215 | -€6,665 | -67.5% |
| Gross operating margin | 9900 | €13,010 | -€59,125 | -€72,136 | |
| Operating profit (loss) | 9901 | -€5,556 | -€77,026 | -€71,470 | -1,286% |
| Financial income | 75/76B | €13 | €115 | +€102 | +812% |
| Recurring financial income | 75 | €13 | €115 | +€102 | +812% |
| Financial charges | 65/66B | €1,267 | €1,912 | +€645 | +50.9% |
| Recurring financial charges | 65 | €1,267 | €1,912 | +€645 | +50.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,810 | -€78,822 | -€72,012 | -1,057% |
| Income taxes | 67/77 | €253 | €284 | +€31 | +12.3% |
| Profit (loss) for the period | 9904 | -€7,063 | -€79,106 | -€72,043 | -1,020% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,063 | -€79,106 | -€72,043 | -1,020% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.