PIMK: 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.
PIMK
Largest movements
- Cash +€54,360
up €54,360 (+150%), from €36,189 to €90,549
mainly Trade debts (+€28,487) and Other debts (+€17,000)
- Tangible fixed assets -€9,819
down €9,819 (-83.3%), from €11,792 to €1,972
of which Other tangible fixed assets: -€5,820
- Trade debts +€28,487
up €28,487 (+101%), from €28,341 to €56,828
- Other debts +€17,000
up €17,000 (+340%), from €5,000 to €22,000
- Accrued charges and deferred income -€10,360
down €10,360 (-89.9%), from €11,530 to €1,169
- Profit (loss) carried forward +€8,974
up €8,974 (+55.7%), from -€16,100 to -€7,126
- Staff costs -€15,663
down €15,663 (-13.7%), from €113,922 to €98,259
- Gross operating margin +€8,106
up €8,106 (+6.6%), from €122,465 to €130,571
- Write-downs +€3,324
new in 2025: €3,324
- Other operating charges +€2,994
up €2,994 (+59.5%), from €5,028 to €8,022
- Depreciation -€1,716
down €1,716 (-14.9%), from €11,535 to €9,819
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 | €57,741 | €101,650 | +€43,909 | +76.0% |
| Fixed assets | 21/28 | €13,055 | €3,235 | -€9,819 | -75.2% |
| Tangible fixed assets | 22/27 | €11,792 | €1,972 | -€9,819 | -83.3% |
| Furniture and vehicles | 24 | €5,972 | €1,972 | -€3,999 | -67.0% |
| Other tangible fixed assets | 26 | €5,820 | €0 | -€5,820 | -100% |
| Financial fixed assets | 28 | €1,263 | €1,263 | = | 0.0% |
| Current assets | 29/58 | €44,686 | €98,415 | +€53,729 | +120% |
| Amounts receivable within one year | 40/41 | €8,497 | €7,866 | -€631 | -7.4% |
| Trade receivables | 40 | €2,043 | €2,597 | +€554 | +27.1% |
| Other amounts receivable | 41 | €6,454 | €5,269 | -€1,185 | -18.4% |
| Cash at bank and in hand | 54/58 | €36,189 | €90,549 | +€54,360 | +150% |
| Total equity and liabilities | 10/49 | €57,741 | €101,650 | +€43,909 | +76.0% |
| Equity | 10/15 | -€11,100 | -€2,126 | +€8,974 | +80.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€16,100 | -€7,126 | +€8,974 | +55.7% |
| Amounts payable | 17/49 | €68,841 | €103,776 | +€34,935 | +50.7% |
| Amounts payable within one year | 42/48 | €57,311 | €102,607 | +€45,296 | +79.0% |
| Trade debts | 44 | €28,341 | €56,828 | +€28,487 | +101% |
| Suppliers | 440/4 | €28,341 | €56,828 | +€28,487 | +101% |
| Taxes, remuneration and social security | 45 | €23,970 | €23,779 | -€191 | -0.8% |
| Taxes | 450/3 | €15,538 | €14,635 | -€903 | -5.8% |
| Remuneration and social security | 454/9 | €8,432 | €9,144 | +€711 | +8.4% |
| Other amounts payable | 47/48 | €5,000 | €22,000 | +€17,000 | +340% |
| Accrued charges and deferred income | 492/3 | €11,530 | €1,169 | -€10,360 | -89.9% |
| Remuneration, social security and pensions | 62 | €113,922 | €98,259 | -€15,663 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,535 | €9,819 | -€1,716 | -14.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,324 | +€3,324 | |
| Other operating charges | 640/8 | €5,028 | €8,022 | +€2,994 | +59.5% |
| Non-recurring operating charges | 66A | €5,820 | €0 | -€5,820 | -100% |
| Gross operating margin | 9900 | €122,465 | €130,571 | +€8,106 | +6.6% |
| Operating profit (loss) | 9901 | -€13,841 | €11,146 | +€24,986 | |
| Financial income | 75/76B | €109 | €53 | -€57 | -51.6% |
| Recurring financial income | 75 | €109 | €53 | -€57 | -51.6% |
| Financial charges | 65/66B | €2,369 | €2,224 | -€145 | -6.1% |
| Recurring financial charges | 65 | €2,369 | €2,224 | -€145 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,100 | €8,974 | +€25,075 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€16,100 | €8,974 | +€25,075 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,100 | €8,974 | +€25,075 |
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 16 October 2026 via checked.be.