PDCMED: what changed
Two fiscal 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.
PDCMED
Largest movements
- Receivables within one year +€56,244
up €56,244 (+127.3%), from €44,168 to €100,412
of which Trade receivables: +€53,166
- Cash -€7,606
down €7,606 (-21.1%), from €36,096 to €28,490
mainly Receivables within one year (-€56,244) and Other debts (-€7,244)
- Tangible fixed assets -€7,050
down €7,050 (-38.8%), from €18,185 to €11,135
of which Furniture and vehicles: -€6,230
- Profit (loss) carried forward +€42,598
up €42,598 (+67.5%), from €63,148 to €105,745
- Other debts -€7,244
down €7,244 (-100.0%), from €7,244 to €0
- Tax, wage and social debts +€4,069
up €4,069 (+13.0%), from €31,321 to €35,389
of which Taxes: +€3,569
- Trade debts +€1,823
up €1,823 (+224.6%), from €812 to €2,635
- Gross operating margin +€17,888
up €17,888 (+39.5%), from €45,290 to €63,178
- Taxes +€4,045
up €4,045 (+45.3%), from €8,922 to €12,967
- Depreciation +€2,445
up €2,445 (+53.1%), from €4,605 to €7,050
- Financial charges -€1,677
down €1,677 (-89.5%), from €1,873 to €196
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 | €104,174 | €145,570 | +€41,395 | +39.7% |
| Fixed assets | 21/28 | €18,185 | €11,135 | -€7,050 | -38.8% |
| Tangible fixed assets | 22/27 | €18,185 | €11,135 | -€7,050 | -38.8% |
| Furniture and vehicles | 24 | €14,265 | €8,034 | -€6,230 | -43.7% |
| Other tangible fixed assets | 26 | €3,921 | €3,101 | -€819 | -20.9% |
| Current assets | 29/58 | €85,989 | €134,434 | +€48,445 | +56.3% |
| Amounts receivable within one year | 40/41 | €44,168 | €100,412 | +€56,244 | +127.3% |
| Trade receivables | 40 | €44,168 | €97,334 | +€53,166 | +120.4% |
| Other amounts receivable | 41 | - | €3,078 | +€3,078 | |
| Cash at bank and in hand | 54/58 | €36,096 | €28,490 | -€7,606 | -21.1% |
| Deferred charges and accrued income | 490/1 | €5,724 | €5,533 | -€192 | -3.4% |
| Total equity and liabilities | 10/49 | €104,174 | €145,570 | +€41,395 | +39.7% |
| Equity | 10/15 | €64,648 | €107,245 | +€42,598 | +65.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,148 | €105,745 | +€42,598 | +67.5% |
| Amounts payable | 17/49 | €39,527 | €38,324 | -€1,202 | -3.0% |
| Amounts payable within one year | 42/48 | €39,377 | €38,024 | -€1,352 | -3.4% |
| Trade debts | 44 | €812 | €2,635 | +€1,823 | +224.6% |
| Suppliers | 440/4 | €812 | €2,635 | +€1,823 | +224.6% |
| Taxes, remuneration and social security | 45 | €31,321 | €35,389 | +€4,069 | +13.0% |
| Taxes | 450/3 | €27,321 | €30,889 | +€3,569 | +13.1% |
| Remuneration and social security | 454/9 | €4,000 | €4,500 | +€500 | +12.5% |
| Other amounts payable | 47/48 | €7,244 | €0 | -€7,244 | -100.0% |
| Accrued charges and deferred income | 492/3 | €150 | €300 | +€150 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,605 | €7,050 | +€2,445 | +53.1% |
| Other operating charges | 640/8 | €392 | €283 | -€109 | -27.8% |
| Non-recurring operating charges | 66A | €63 | €127 | +€64 | +101.0% |
| Gross operating margin | 9900 | €45,290 | €63,178 | +€17,888 | +39.5% |
| Operating profit (loss) | 9901 | €40,229 | €55,718 | +€15,489 | +38.5% |
| Financial income | 75/76B | - | €43 | +€43 | |
| Recurring financial income | 75 | - | €43 | +€43 | |
| Financial charges | 65/66B | €1,873 | €196 | -€1,677 | -89.5% |
| Recurring financial charges | 65 | €1,873 | €196 | -€1,677 | -89.5% |
| Profit (loss) for the period before taxes | 9903 | €38,356 | €55,565 | +€17,209 | +44.9% |
| Income taxes | 67/77 | €8,922 | €12,967 | +€4,045 | +45.3% |
| Profit (loss) for the period | 9904 | €29,434 | €42,598 | +€13,164 | +44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,434 | €42,598 | +€13,164 | +44.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.