PEMA TECHNICS: what changed
PEMA TECHNICS
Largest movements
- Receivables within one year +€93,513
up €93,513 (+161%), from €58,101 to €151,613
of which Trade receivables: +€84,865
- Tangible fixed assets +€25,016
up €25,016 (+115%), from €21,711 to €46,726
of which Plant, machinery and equipment: +€27,088
- Stocks and contracts +€21,409
up €21,409 (+23.1%), from €92,528 to €113,937
of which Stocks: +€22,500
- Cash -€6,625
down €6,625 (-15.7%), from €42,329 to €35,703
mainly Receivables within one year (-€93,513) and Trade debts (-€35,924)
- Other debts +€170,832
up €170,832 (+67.4%), from €253,445 to €424,278
- Trade debts -€35,924
down €35,924 (-20.7%), from €173,374 to €137,450
- Tax, wage and social debts -€13,706
down €13,706 (-25.5%), from €53,723 to €40,017
of which Remuneration and social security: -€10,146
- Profit (loss) carried forward +€13,198
up €13,198 (+1.8%), from -€742,523 to -€729,325
- Gross operating margin +€132,177
up €132,177 (+55.1%), from €239,926 to €372,102
- Staff costs -€28,559
down €28,559 (-8.1%), from €354,335 to €325,776
- Write-downs -€13,194
down €13,194, from €12,440 to -€754
- Other operating charges +€5,514
up €5,514 (+384%), from €1,436 to €6,950
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 | €218,655 | €353,057 | +€134,402 | +61.5% |
| Fixed assets | 21/28 | €21,711 | €46,726 | +€25,016 | +115% |
| Tangible fixed assets | 22/27 | €21,711 | €46,726 | +€25,016 | +115% |
| Plant, machinery and equipment | 23 | €18,174 | €45,262 | +€27,088 | +149% |
| Furniture and vehicles | 24 | €3,537 | €1,465 | -€2,072 | -58.6% |
| Current assets | 29/58 | €196,944 | €306,330 | +€109,386 | +55.5% |
| Stocks and contracts in progress | 3 | €92,528 | €113,937 | +€21,409 | +23.1% |
| Stocks | 30/36 | €54,250 | €76,750 | +€22,500 | +41.5% |
| Contracts in progress | 37 | €38,278 | €37,187 | -€1,091 | -2.9% |
| Amounts receivable within one year | 40/41 | €58,101 | €151,613 | +€93,513 | +161% |
| Trade receivables | 40 | €58,090 | €142,954 | +€84,865 | +146% |
| Other amounts receivable | 41 | €11 | €8,659 | +€8,648 | +80,299% |
| Cash at bank and in hand | 54/58 | €42,329 | €35,703 | -€6,625 | -15.7% |
| Deferred charges and accrued income | 490/1 | €3,987 | €5,077 | +€1,090 | +27.3% |
| Total equity and liabilities | 10/49 | €218,655 | €353,057 | +€134,402 | +61.5% |
| Equity | 10/15 | -€357,536 | -€344,338 | +€13,198 | +3.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €322,987 | €322,987 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Distributable reserves | 133 | €310,587 | €310,587 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€742,523 | -€729,325 | +€13,198 | +1.8% |
| Amounts payable | 17/49 | €576,191 | €697,395 | +€121,204 | +21.0% |
| Amounts payable within one year | 42/48 | €574,664 | €693,245 | +€118,581 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €2,531 | €0 | -€2,531 | -100% |
| Financial debts | 43 | €91,590 | €91,501 | -€90 | -0.1% |
| Credit institutions | 430/8 | €91,590 | €91,501 | -€90 | -0.1% |
| Trade debts | 44 | €173,374 | €137,450 | -€35,924 | -20.7% |
| Suppliers | 440/4 | €173,374 | €137,450 | -€35,924 | -20.7% |
| Taxes, remuneration and social security | 45 | €53,723 | €40,017 | -€13,706 | -25.5% |
| Taxes | 450/3 | €3,560 | €0 | -€3,560 | -100% |
| Remuneration and social security | 454/9 | €50,163 | €40,017 | -€10,146 | -20.2% |
| Other amounts payable | 47/48 | €253,445 | €424,278 | +€170,832 | +67.4% |
| Accrued charges and deferred income | 492/3 | €1,527 | €4,150 | +€2,623 | +172% |
| Remuneration, social security and pensions | 62 | €354,335 | €325,776 | -€28,559 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,525 | €9,117 | -€3,407 | -27.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,440 | -€754 | -€13,194 | |
| Other operating charges | 640/8 | €1,436 | €6,950 | +€5,514 | +384% |
| Gross operating margin | 9900 | €239,926 | €372,102 | +€132,177 | +55.1% |
| Operating profit (loss) | 9901 | -€140,810 | €31,014 | +€171,823 | |
| Financial income | 75/76B | €936 | €94 | -€841 | -89.9% |
| Recurring financial income | 75 | €936 | €94 | -€841 | -89.9% |
| Financial charges | 65/66B | €19,359 | €17,910 | -€1,449 | -7.5% |
| Recurring financial charges | 65 | €19,359 | €17,910 | -€1,449 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€159,233 | €13,198 | +€172,431 | |
| Profit (loss) for the period | 9904 | -€159,233 | €13,198 | +€172,431 | |
| Profit (loss) for the period to be appropriated | 9905 | -€159,233 | €13,198 | +€172,431 |
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 8 November 2026 via checked.be.