PCM Services: 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 Services
Largest movements
- Cash +€143,031
up €143,031 (+66.1%), from €216,505 to €359,536
mainly Current investments (+€100,000) and Net result for the year (+€96,973)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Receivables within one year +€7,367
up €7,367 (+23.7%), from €31,124 to €38,491
of which Trade receivables: +€7,187
- Receivables after one year -€6,099
down €6,099 (-12.1%), from €50,528 to €44,428
- Reserves +€96,973
up €96,973 (+30.1%), from €322,666 to €419,639
- Other debts -€41,861
down €41,861 (-82.7%), from €50,630 to €8,769
- Tax, wage and social debts -€12,466
down €12,466 (-34.2%), from €36,399 to €23,933
- Gross operating margin -€5,999
down €5,999 (-4.3%), from €139,458 to €133,459
- Financial charges -€4,971
down €4,971 (-71.4%), from €6,964 to €1,992
- Financial income +€2,896
up €2,896 (+50.4%), from €5,742 to €8,638
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 | €417,553 | €458,745 | +€41,193 | +9.9% |
| Fixed assets | 21/28 | €14,981 | €15,665 | +€683 | +4.6% |
| Tangible fixed assets | 22/27 | €14,981 | €15,665 | +€683 | +4.6% |
| Land and buildings | 22 | €14,064 | €13,983 | -€81 | -0.6% |
| Plant, machinery and equipment | 23 | €918 | €312 | -€605 | -66.0% |
| Furniture and vehicles | 24 | - | €1,370 | +€1,370 | |
| Current assets | 29/58 | €402,571 | €443,080 | +€40,509 | +10.1% |
| Amounts receivable after more than one year | 29 | €50,528 | €44,428 | -€6,099 | -12.1% |
| Other amounts receivable | 291 | €50,528 | €44,428 | -€6,099 | -12.1% |
| Amounts receivable within one year | 40/41 | €31,124 | €38,491 | +€7,367 | +23.7% |
| Trade receivables | 40 | €25,204 | €32,392 | +€7,187 | +28.5% |
| Other amounts receivable | 41 | €5,919 | €6,099 | +€180 | +3.0% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €216,505 | €359,536 | +€143,031 | +66.1% |
| Deferred charges and accrued income | 490/1 | €4,415 | €624 | -€3,790 | -85.9% |
| Total equity and liabilities | 10/49 | €417,553 | €458,745 | +€41,193 | +9.9% |
| Equity | 10/15 | €328,866 | €425,839 | +€96,973 | +29.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €322,666 | €419,639 | +€96,973 | +30.1% |
| Distributable reserves | 133 | €322,666 | €419,639 | +€96,973 | +30.1% |
| Amounts payable | 17/49 | €88,687 | €32,906 | -€55,781 | -62.9% |
| Amounts payable within one year | 42/48 | €88,687 | €32,906 | -€55,781 | -62.9% |
| Trade debts | 44 | €1,658 | €204 | -€1,454 | -87.7% |
| Suppliers | 440/4 | €1,658 | €204 | -€1,454 | -87.7% |
| Taxes, remuneration and social security | 45 | €36,399 | €23,933 | -€12,466 | -34.2% |
| Taxes | 450/3 | €36,399 | €23,933 | -€12,466 | -34.2% |
| Other amounts payable | 47/48 | €50,630 | €8,769 | -€41,861 | -82.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,017 | €2,088 | -€929 | -30.8% |
| Other operating charges | 640/8 | €696 | €796 | +€100 | +14.4% |
| Gross operating margin | 9900 | €139,458 | €133,459 | -€5,999 | -4.3% |
| Operating profit (loss) | 9901 | €135,745 | €130,575 | -€5,170 | -3.8% |
| Financial income | 75/76B | €5,742 | €8,638 | +€2,896 | +50.4% |
| Recurring financial income | 75 | €5,742 | €8,638 | +€2,896 | +50.4% |
| Financial charges | 65/66B | €6,964 | €1,992 | -€4,971 | -71.4% |
| Recurring financial charges | 65 | €6,964 | €1,992 | -€4,971 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €134,524 | €137,221 | +€2,697 | +2.0% |
| Income taxes | 67/77 | €40,005 | €40,248 | +€243 | +0.6% |
| Profit (loss) for the period | 9904 | €94,519 | €96,973 | +€2,454 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €94,519 | €96,973 | +€2,454 | +2.6% |
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 16 October 2026 via checked.be.