PDM Tech: 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 Tech
Largest movements
- Tangible fixed assets +€135,329
up €135,329 (+36.8%), from €367,342 to €502,671
- Cash +€35,874
up €35,874 (+92.0%), from €38,993 to €74,867
mainly Net result for the year (+€150,304) and Depreciation (+€55,977)
- Receivables within one year -€22,363
down €22,363 (-10.8%), from €207,956 to €185,593
of which Other amounts receivable: -€20,651
- Reserves +€91,480
up €91,480 (+37.1%), from €246,577 to €338,057
- Tax, wage and social debts -€38,061
down €38,061 (-39.8%), from €95,606 to €57,545
of which Taxes: -€44,187
- Trade debts +€38,038
up €38,038 (+87.0%), from €43,726 to €81,764
- Other debts +€29,327
up €29,327 (+2443.9%), from €1,200 to €30,527
- Current portion of long-term debt +€13,281
up €13,281 (+37.7%), from €35,268 to €48,549
- Gross operating margin +€87,374
up €87,374 (+31.8%), from €274,482 to €361,856
- Depreciation +€21,219
up €21,219 (+61.0%), from €34,758 to €55,977
- Staff costs +€20,536
up €20,536 (+28.1%), from €73,155 to €93,691
- Taxes +€10,632
up €10,632 (+30.1%), from €35,325 to €45,957
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 | €622,730 | €767,118 | +€144,388 | +23.2% |
| Fixed assets | 21/28 | €367,342 | €502,671 | +€135,329 | +36.8% |
| Tangible fixed assets | 22/27 | €367,342 | €502,671 | +€135,329 | +36.8% |
| Land and buildings | 22 | €308,023 | €352,029 | +€44,006 | +14.3% |
| Plant, machinery and equipment | 23 | €12,007 | €18,925 | +€6,917 | +57.6% |
| Furniture and vehicles | 24 | €4,260 | €12,543 | +€8,282 | +194.4% |
| Leasing and similar rights | 25 | €41,432 | €70,419 | +€28,987 | +70.0% |
| Other tangible fixed assets | 26 | €1,620 | €48,756 | +€47,137 | +2910.1% |
| Current assets | 29/58 | €255,388 | €264,447 | +€9,059 | +3.5% |
| Amounts receivable within one year | 40/41 | €207,956 | €185,593 | -€22,363 | -10.8% |
| Trade receivables | 40 | €170,855 | €169,143 | -€1,712 | -1.0% |
| Other amounts receivable | 41 | €37,101 | €16,450 | -€20,651 | -55.7% |
| Cash at bank and in hand | 54/58 | €38,993 | €74,867 | +€35,874 | +92.0% |
| Deferred charges and accrued income | 490/1 | €8,438 | €3,987 | -€4,452 | -52.8% |
| Total equity and liabilities | 10/49 | €622,730 | €767,118 | +€144,388 | +23.2% |
| Equity | 10/15 | €250,777 | €342,257 | +€91,480 | +36.5% |
| Contributions | 10/11 | €4,200 | €4,200 | = | 0.0% |
| Reserves | 13 | €246,577 | €338,057 | +€91,480 | +37.1% |
| Distributable reserves | 133 | €246,577 | €338,057 | +€91,480 | +37.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €371,953 | €424,861 | +€52,908 | +14.2% |
| Amounts payable after more than one year | 17 | €196,153 | €206,476 | +€10,323 | +5.3% |
| Financial debts | 170/4 | €196,153 | €206,476 | +€10,323 | +5.3% |
| Amounts payable within one year | 42/48 | €175,800 | €218,385 | +€42,585 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €35,268 | €48,549 | +€13,281 | +37.7% |
| Trade debts | 44 | €43,726 | €81,764 | +€38,038 | +87.0% |
| Suppliers | 440/4 | €43,726 | €81,764 | +€38,038 | +87.0% |
| Taxes, remuneration and social security | 45 | €95,606 | €57,545 | -€38,061 | -39.8% |
| Taxes | 450/3 | €77,356 | €33,170 | -€44,187 | -57.1% |
| Remuneration and social security | 454/9 | €18,250 | €24,375 | +€6,125 | +33.6% |
| Other amounts payable | 47/48 | €1,200 | €30,527 | +€29,327 | +2443.9% |
| Remuneration, social security and pensions | 62 | €73,155 | €93,691 | +€20,536 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,758 | €55,977 | +€21,219 | +61.0% |
| Other operating charges | 640/8 | €4,389 | €4,166 | -€223 | -5.1% |
| Gross operating margin | 9900 | €274,482 | €361,856 | +€87,374 | +31.8% |
| Operating profit (loss) | 9901 | €162,180 | €208,022 | +€45,842 | +28.3% |
| Financial income | 75/76B | €16 | €430 | +€414 | +2538.0% |
| Recurring financial income | 75 | €16 | €430 | +€414 | +2538.0% |
| Financial charges | 65/66B | €11,810 | €12,192 | +€381 | +3.2% |
| Recurring financial charges | 65 | €11,810 | €12,192 | +€381 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €150,386 | €196,261 | +€45,875 | +30.5% |
| Income taxes | 67/77 | €35,325 | €45,957 | +€10,632 | +30.1% |
| Profit (loss) for the period | 9904 | €115,061 | €150,304 | +€35,243 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €115,061 | €150,304 | +€35,243 | +30.6% |
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 10 October 2026 via checked.be.