PEM België: what changed
PEM België
Largest movements
- Cash +€26,733
up €26,733 (+156%), from €17,092 to €43,825
mainly Net result for the year (+€22,232) and Tax, wage and social debts (+€18,571)
- Receivables within one year +€6,700
new in 2025: €6,700
of which Trade receivables: +€5,700
- Financial fixed assets +€4,709
new in 2025: €4,709
- Reserves +€22,232
up €22,232 (+2,044%), from €1,087 to €23,320
- Tax, wage and social debts +€18,571
up €18,571 (+464%), from €4,005 to €22,576
- Other debts -€11,000
down €11,000 (-100%), from €11,000 to €0
- Trade debts +€8,338
new in 2025: €8,338
- Gross operating margin +€28,630
up €28,630 (+1,448%), from €1,977 to €30,607
- Taxes +€7,215
up €7,215 (+1,990%), from €362 to €7,577
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,092 | €55,234 | +€38,142 | +223% |
| Fixed assets | 21/28 | - | €4,709 | +€4,709 | |
| Financial fixed assets | 28 | - | €4,709 | +€4,709 | |
| Current assets | 29/58 | €17,092 | €50,526 | +€33,433 | +196% |
| Amounts receivable within one year | 40/41 | - | €6,700 | +€6,700 | |
| Trade receivables | 40 | - | €5,700 | +€5,700 | |
| Other amounts receivable | 41 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €17,092 | €43,825 | +€26,733 | +156% |
| Total equity and liabilities | 10/49 | €17,092 | €55,234 | +€38,142 | +223% |
| Equity | 10/15 | €2,087 | €24,320 | +€22,232 | +1,065% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €1,087 | €23,320 | +€22,232 | +2,044% |
| Distributable reserves | 133 | €1,087 | €23,320 | +€22,232 | +2,044% |
| Amounts payable | 17/49 | €15,005 | €30,914 | +€15,909 | +106% |
| Amounts payable within one year | 42/48 | €15,005 | €30,914 | +€15,909 | +106% |
| Trade debts | 44 | - | €8,338 | +€8,338 | |
| Suppliers | 440/4 | - | €8,338 | +€8,338 | |
| Taxes, remuneration and social security | 45 | €4,005 | €22,576 | +€18,571 | +464% |
| Taxes | 450/3 | €4,005 | €22,576 | +€18,571 | +464% |
| Other amounts payable | 47/48 | €11,000 | €0 | -€11,000 | -100% |
| Other operating charges | 640/8 | €526 | €708 | +€181 | +34.4% |
| Gross operating margin | 9900 | €1,977 | €30,607 | +€28,630 | +1,448% |
| Operating profit (loss) | 9901 | €1,450 | €29,899 | +€28,449 | +1,962% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €0 | €89 | +€89 | +22,810% |
| Recurring financial charges | 65 | €0 | €89 | +€89 | +22,810% |
| Profit (loss) for the period before taxes | 9903 | €1,450 | €29,810 | +€28,360 | +1,956% |
| Income taxes | 67/77 | €362 | €7,577 | +€7,215 | +1,990% |
| Profit (loss) for the period | 9904 | €1,087 | €22,232 | +€21,145 | +1,944% |
| Profit (loss) for the period to be appropriated | 9905 | €1,087 | €22,232 | +€21,145 | +1,944% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.