PIM TRANS: 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.
PIM TRANS
Largest movements
- Tangible fixed assets -€46,334
down €46,334 (-39.0%), from €118,847 to €72,513
of which Furniture and vehicles: -€45,486
- Cash +€14,043
up €14,043 (+7.8%), from €179,406 to €193,449
mainly Net result for the year (+€157,806) and Depreciation (+€46,334)
- Deferred charges and accrued income -€9,667
down €9,667 (-73.2%), from €13,207 to €3,540
- Debts after one year -€26,999
down €26,999 (-68.4%), from €39,449 to €12,450
- Other debts -€18,068
down €18,068 (-11.8%), from €153,725 to €135,657
- Trade debts -€10,508
down €10,508 (-31.1%), from €33,822 to €23,314
- Tax, wage and social debts +€7,980
up €7,980 (+13.6%), from €58,871 to €66,851
of which Taxes: +€11,012
- Staff costs +€44,689
up €44,689 (+37.2%), from €120,085 to €164,774
- Gross operating margin +€16,057
up €16,057 (+3.9%), from €406,952 to €423,009
- Depreciation +€14,764
up €14,764 (+46.8%), from €31,570 to €46,334
- Taxes -€9,899
down €9,899 (-17.4%), from €56,752 to €46,852
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.
Derived cash bridge
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 | €390,814 | €345,187 | -€45,627 | -11.7% |
| Fixed assets | 21/28 | €118,847 | €72,513 | -€46,334 | -39.0% |
| Tangible fixed assets | 22/27 | €118,847 | €72,513 | -€46,334 | -39.0% |
| Plant, machinery and equipment | 23 | €1,958 | €1,110 | -€848 | -43.3% |
| Furniture and vehicles | 24 | €116,889 | €71,403 | -€45,486 | -38.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €271,968 | €272,674 | +€706 | +0.3% |
| Amounts receivable within one year | 40/41 | €79,355 | €75,685 | -€3,670 | -4.6% |
| Trade receivables | 40 | €76,107 | €74,537 | -€1,569 | -2.1% |
| Other amounts receivable | 41 | €3,248 | €1,148 | -€2,101 | -64.7% |
| Cash at bank and in hand | 54/58 | €179,406 | €193,449 | +€14,043 | +7.8% |
| Deferred charges and accrued income | 490/1 | €13,207 | €3,540 | -€9,667 | -73.2% |
| Total equity and liabilities | 10/49 | €390,814 | €345,187 | -€45,627 | -11.7% |
| Equity | 10/15 | €79,111 | €79,917 | +€806 | +1.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,651 | €59,457 | +€806 | +1.4% |
| Amounts payable | 17/49 | €311,704 | €265,270 | -€46,433 | -14.9% |
| Amounts payable after more than one year | 17 | €39,449 | €12,450 | -€26,999 | -68.4% |
| Financial debts | 170/4 | €39,449 | €12,450 | -€26,999 | -68.4% |
| Amounts payable within one year | 42/48 | €272,255 | €252,820 | -€19,435 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €25,837 | €26,999 | +€1,162 | +4.5% |
| Trade debts | 44 | €33,822 | €23,314 | -€10,508 | -31.1% |
| Suppliers | 440/4 | €33,822 | €23,314 | -€10,508 | -31.1% |
| Taxes, remuneration and social security | 45 | €58,871 | €66,851 | +€7,980 | +13.6% |
| Taxes | 450/3 | €42,206 | €53,218 | +€11,012 | +26.1% |
| Remuneration and social security | 454/9 | €16,665 | €13,633 | -€3,032 | -18.2% |
| Other amounts payable | 47/48 | €153,725 | €135,657 | -€18,068 | -11.8% |
| Remuneration, social security and pensions | 62 | €120,085 | €164,774 | +€44,689 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,570 | €46,334 | +€14,764 | +46.8% |
| Other operating charges | 640/8 | €2,605 | €778 | -€1,828 | -70.2% |
| Gross operating margin | 9900 | €406,952 | €423,009 | +€16,057 | +3.9% |
| Operating profit (loss) | 9901 | €252,692 | €211,123 | -€41,569 | -16.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,021 | €6,465 | +€444 | +7.4% |
| Recurring financial charges | 65 | €6,021 | €6,465 | +€444 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €246,671 | €204,658 | -€42,013 | -17.0% |
| Income taxes | 67/77 | €56,752 | €46,852 | -€9,899 | -17.4% |
| Profit (loss) for the period | 9904 | €189,919 | €157,806 | -€32,113 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €189,919 | €157,806 | -€32,113 | -16.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.