PDM 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.
PDM Services
Largest movements
- Cash +€30,496
up €30,496 (+134.9%), from €22,614 to €53,110
mainly Net result for the year (+€51,564) and Depreciation (+€17,126)
- Receivables within one year +€27,055
up €27,055 (+138.2%), from €19,574 to €46,629
of which Trade receivables: +€26,771
- Current investments +€21,227
up €21,227 (+16.9%), from €125,700 to €146,927
- Tangible fixed assets -€15,018
down €15,018 (-25.5%), from €58,884 to €43,866
- Reserves +€51,564
up €51,564 (+24.1%), from €213,857 to €265,421
of which Distributable reserves: +€51,564
- Tax, wage and social debts +€10,747
up €10,747 (+179.9%), from €5,974 to €16,720
of which Taxes: +€10,706
- Gross operating margin +€40,190
up €40,190 (+81.7%), from €49,206 to €89,396
- Taxes +€11,525
up €11,525 (+118.2%), from €9,753 to €21,278
- Financial income +€1,124
up €1,124 (+167.3%), from €672 to €1,796
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 | €270,172 | €333,932 | +€63,760 | +23.6% |
| Fixed assets | 21/28 | €102,284 | €87,266 | -€15,018 | -14.7% |
| Tangible fixed assets | 22/27 | €58,884 | €43,866 | -€15,018 | -25.5% |
| Furniture and vehicles | 24 | €58,884 | €43,866 | -€15,018 | -25.5% |
| Financial fixed assets | 28 | €43,400 | €43,400 | = | 0.0% |
| Current assets | 29/58 | €167,888 | €246,666 | +€78,778 | +46.9% |
| Amounts receivable within one year | 40/41 | €19,574 | €46,629 | +€27,055 | +138.2% |
| Trade receivables | 40 | €12,312 | €39,084 | +€26,771 | +217.4% |
| Other amounts receivable | 41 | €7,262 | €7,545 | +€283 | +3.9% |
| Current investments | 50/53 | €125,700 | €146,927 | +€21,227 | +16.9% |
| Cash at bank and in hand | 54/58 | €22,614 | €53,110 | +€30,496 | +134.9% |
| Total equity and liabilities | 10/49 | €270,172 | €333,932 | +€63,760 | +23.6% |
| Equity | 10/15 | €243,504 | €295,068 | +€51,564 | +21.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €213,857 | €265,421 | +€51,564 | +24.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €211,997 | €263,561 | +€51,564 | +24.3% |
| Profit (loss) carried forward | 14 | €11,047 | €11,047 | = | 0.0% |
| Amounts payable | 17/49 | €26,668 | €38,864 | +€12,196 | +45.7% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 170/4 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,668 | €23,864 | +€12,196 | +104.5% |
| Trade debts | 44 | €3,703 | €3,444 | -€259 | -7.0% |
| Suppliers | 440/4 | €3,703 | €3,444 | -€259 | -7.0% |
| Taxes, remuneration and social security | 45 | €5,974 | €16,720 | +€10,747 | +179.9% |
| Taxes | 450/3 | €2,458 | €13,164 | +€10,706 | +435.5% |
| Remuneration and social security | 454/9 | €3,515 | €3,556 | +€41 | +1.2% |
| Other amounts payable | 47/48 | €1,991 | €3,700 | +€1,709 | +85.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,935 | €17,126 | +€190 | +1.1% |
| Other operating charges | 640/8 | €851 | €1,115 | +€263 | +30.9% |
| Gross operating margin | 9900 | €49,206 | €89,396 | +€40,190 | +81.7% |
| Operating profit (loss) | 9901 | €31,419 | €71,156 | +€39,737 | +126.5% |
| Financial income | 75/76B | €672 | €1,796 | +€1,124 | +167.3% |
| Recurring financial income | 75 | €672 | €1,796 | +€1,124 | +167.3% |
| Financial charges | 65/66B | €103 | €110 | +€7 | +6.9% |
| Recurring financial charges | 65 | €103 | €110 | +€7 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €31,988 | €72,842 | +€40,853 | +127.7% |
| Income taxes | 67/77 | €9,753 | €21,278 | +€11,525 | +118.2% |
| Profit (loss) for the period | 9904 | €22,235 | €51,564 | +€29,329 | +131.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,235 | €51,564 | +€29,329 | +131.9% |
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 10 October 2026 via checked.be.