PM carré: 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.
PM carré
Largest movements
- Tangible fixed assets -€11,127
down €11,127 (-7.4%), from €150,175 to €139,047
- Other debts -€17,200
down €17,200 (-14.1%), from €121,921 to €104,721
- Profit (loss) carried forward +€5,992
up €5,992 (+37.5%), from -€15,977 to -€9,985
- Gross operating margin +€2,444
up €2,444 (+16.1%), from €15,152 to €17,596
- Other operating charges -€1,967
down €1,967 (-81.5%), from €2,413 to €446
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 | €155,995 | €143,571 | -€12,424 | -8.0% |
| Fixed assets | 21/28 | €150,175 | €139,047 | -€11,127 | -7.4% |
| Tangible fixed assets | 22/27 | €150,175 | €139,047 | -€11,127 | -7.4% |
| Land and buildings | 22 | €150,175 | €139,047 | -€11,127 | -7.4% |
| Current assets | 29/58 | €5,820 | €4,524 | -€1,297 | -22.3% |
| Amounts receivable within one year | 40/41 | €487 | - | -€487 | |
| Other amounts receivable | 41 | €487 | - | -€487 | |
| Cash at bank and in hand | 54/58 | €5,333 | €3,834 | -€1,499 | -28.1% |
| Deferred charges and accrued income | 490/1 | - | €690 | +€690 | |
| Total equity and liabilities | 10/49 | €155,995 | €143,571 | -€12,424 | -8.0% |
| Equity | 10/15 | €30,863 | €36,855 | +€5,992 | +19.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,639 | €40,639 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €38,779 | €38,779 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,977 | -€9,985 | +€5,992 | +37.5% |
| Amounts payable | 17/49 | €125,132 | €106,716 | -€18,416 | -14.7% |
| Amounts payable within one year | 42/48 | €125,132 | €106,716 | -€18,416 | -14.7% |
| Trade debts | 44 | €2,124 | €1,988 | -€135 | -6.4% |
| Suppliers | 440/4 | €2,124 | €1,988 | -€135 | -6.4% |
| Taxes, remuneration and social security | 45 | €1,088 | €7 | -€1,080 | -99.3% |
| Taxes | 450/3 | €1,088 | €7 | -€1,080 | -99.3% |
| Other amounts payable | 47/48 | €121,921 | €104,721 | -€17,200 | -14.1% |
| Non-recurring operating income | 76A | €201 | - | -€201 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,127 | €11,127 | = | 0.0% |
| Other operating charges | 640/8 | €2,413 | €446 | -€1,967 | -81.5% |
| Gross operating margin | 9900 | €15,152 | €17,596 | +€2,444 | +16.1% |
| Operating profit (loss) | 9901 | €1,611 | €6,023 | +€4,411 | +274% |
| Financial charges | 65/66B | €24 | €31 | +€7 | +29.7% |
| Recurring financial charges | 65 | €24 | €31 | +€7 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €1,587 | €5,992 | +€4,404 | +277% |
| Profit (loss) for the period | 9904 | €1,587 | €5,992 | +€4,404 | +277% |
| Profit (loss) for the period to be appropriated | 9905 | €1,587 | €5,992 | +€4,404 | +277% |
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.