PEMATIC: 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.
PEMATIC
Largest movements
- Tangible fixed assets -€15,892
down €15,892 (-49.5%), from €32,137 to €16,244
of which Furniture and vehicles: -€15,592
- Receivables within one year +€9,889
up €9,889 (+584.5%), from €1,692 to €11,581
of which Trade receivables: +€9,805
- Profit (loss) carried forward -€8,032
down €8,032 (-22.1%), from -€36,366 to -€44,398
- Gross operating margin +€19,516
up €19,516, from -€10,645 to €8,871
- Financial income +€660
up €660 (+118.0%), from €559 to €1,219
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 | €202,548 | €194,969 | -€7,579 | -3.7% |
| Fixed assets | 21/28 | €32,137 | €16,244 | -€15,892 | -49.5% |
| Tangible fixed assets | 22/27 | €32,137 | €16,244 | -€15,892 | -49.5% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €697 | €396 | -€301 | -43.1% |
| Furniture and vehicles | 24 | €31,440 | €15,848 | -€15,592 | -49.6% |
| Current assets | 29/58 | €170,411 | €178,725 | +€8,314 | +4.9% |
| Stocks and contracts in progress | 3 | €6,818 | €6,805 | -€12 | -0.2% |
| Stocks | 30/36 | €6,818 | €6,805 | -€12 | -0.2% |
| Amounts receivable within one year | 40/41 | €1,692 | €11,581 | +€9,889 | +584.5% |
| Trade receivables | 40 | €1,692 | €11,497 | +€9,805 | +579.5% |
| Other amounts receivable | 41 | - | €84 | +€84 | |
| Cash at bank and in hand | 54/58 | €161,306 | €159,727 | -€1,579 | -1.0% |
| Deferred charges and accrued income | 490/1 | €596 | €612 | +€16 | +2.7% |
| Total equity and liabilities | 10/49 | €202,548 | €194,969 | -€7,579 | -3.7% |
| Equity | 10/15 | €198,779 | €190,747 | -€8,032 | -4.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €216,145 | €216,145 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,800 | €2,800 | = | 0.0% |
| Distributable reserves | 133 | €213,345 | €213,345 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,366 | -€44,398 | -€8,032 | -22.1% |
| Amounts payable | 17/49 | €3,769 | €4,222 | +€453 | +12.0% |
| Amounts payable within one year | 42/48 | €3,769 | €4,222 | +€453 | +12.0% |
| Trade debts | 44 | €1,365 | €1,944 | +€579 | +42.4% |
| Suppliers | 440/4 | €1,365 | €1,944 | +€579 | +42.4% |
| Taxes, remuneration and social security | 45 | €795 | €1,575 | +€779 | +98.0% |
| Taxes | 450/3 | €795 | €1,575 | +€779 | +98.0% |
| Other amounts payable | 47/48 | €1,609 | €704 | -€905 | -56.3% |
| Non-recurring operating income | 76A | €413 | - | -€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,797 | €15,892 | +€95 | +0.6% |
| Other operating charges | 640/8 | €1,179 | €1,173 | -€6 | -0.5% |
| Non-recurring operating charges | 66A | - | €536 | +€536 | |
| Gross operating margin | 9900 | -€10,645 | €8,871 | +€19,516 | |
| Operating profit (loss) | 9901 | -€27,621 | -€8,730 | +€18,891 | +68.4% |
| Financial income | 75/76B | €559 | €1,219 | +€660 | +118.0% |
| Recurring financial income | 75 | €559 | €1,219 | +€660 | +118.0% |
| Financial charges | 65/66B | €262 | €281 | +€19 | +7.2% |
| Recurring financial charges | 65 | €262 | €281 | +€19 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€27,324 | -€7,792 | +€19,532 | +71.5% |
| Income taxes | 67/77 | €236 | €240 | +€4 | +1.6% |
| Profit (loss) for the period | 9904 | -€27,560 | -€8,032 | +€19,529 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,560 | -€8,032 | +€19,529 | +70.9% |
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 30 September 2026 via checked.be.