PM CONSULTANCY: 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 CONSULTANCY
Largest movements
- Current investments +€27,960
up €27,960 (+6.3%), from €446,885 to €474,845
- Tangible fixed assets -€12,545
down €12,545 (-7.7%), from €163,017 to €150,472
of which Land and buildings: -€15,000
- Profit (loss) carried forward +€30,043
up €30,043 (+10.6%), from €284,630 to €314,673
- Provisions -€15,262
down €15,262 (-6.5%), from €233,322 to €218,060
- Taxes -€3,238
down €3,238 (-15.2%), from €21,305 to €18,068
- Financial income +€2,958
up €2,958 (+60.6%), from €4,878 to €7,836
- Gross operating margin -€1,517
down €1,517 (-1.9%), from €80,479 to €78,963
- Financial charges +€1,396
up €1,396 (+8.5%), from €16,378 to €17,774
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 | €682,897 | €695,257 | +€12,360 | +1.8% |
| Fixed assets | 21/28 | €163,017 | €150,472 | -€12,545 | -7.7% |
| Tangible fixed assets | 22/27 | €163,017 | €150,472 | -€12,545 | -7.7% |
| Land and buildings | 22 | €156,698 | €141,698 | -€15,000 | -9.6% |
| Furniture and vehicles | 24 | €6,319 | €8,774 | +€2,455 | +38.8% |
| Current assets | 29/58 | €519,880 | €544,785 | +€24,905 | +4.8% |
| Amounts receivable within one year | 40/41 | €24,267 | €26,683 | +€2,416 | +10.0% |
| Trade receivables | 40 | €24,267 | €26,139 | +€1,873 | +7.7% |
| Other amounts receivable | 41 | - | €543 | +€543 | |
| Current investments | 50/53 | €446,885 | €474,845 | +€27,960 | +6.3% |
| Cash at bank and in hand | 54/58 | €48,722 | €43,257 | -€5,465 | -11.2% |
| Deferred charges and accrued income | 490/1 | €6 | - | -€6 | |
| Total equity and liabilities | 10/49 | €682,897 | €695,257 | +€12,360 | +1.8% |
| Equity | 10/15 | €446,869 | €476,912 | +€30,043 | +6.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €149,839 | €149,839 | = | 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 | €147,979 | €147,979 | = | 0.0% |
| Profit (loss) carried forward | 14 | €284,630 | €314,673 | +€30,043 | +10.6% |
| Provisions and deferred taxes | 16 | €233,322 | €218,060 | -€15,262 | -6.5% |
| Provisions for liabilities and charges | 160/5 | €233,322 | €218,060 | -€15,262 | -6.5% |
| Other liabilities and charges | 164/5 | €233,322 | €218,060 | -€15,262 | -6.5% |
| Amounts payable | 17/49 | €2,706 | €285 | -€2,421 | -89.5% |
| Amounts payable within one year | 42/48 | €2,706 | €285 | -€2,421 | -89.5% |
| Trade debts | 44 | €90 | €285 | +€196 | +218.2% |
| Suppliers | 440/4 | €90 | €285 | +€196 | +218.2% |
| Taxes, remuneration and social security | 45 | €2,617 | - | -€2,617 | |
| Taxes | 450/3 | €2,617 | - | -€2,617 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,457 | €16,145 | +€689 | +4.5% |
| Other operating charges | 640/8 | €5,040 | €4,769 | -€271 | -5.4% |
| Gross operating margin | 9900 | €80,479 | €78,963 | -€1,517 | -1.9% |
| Operating profit (loss) | 9901 | €59,983 | €58,048 | -€1,935 | -3.2% |
| Financial income | 75/76B | €4,878 | €7,836 | +€2,958 | +60.6% |
| Recurring financial income | 75 | €4,878 | €7,836 | +€2,958 | +60.6% |
| Financial charges | 65/66B | €16,378 | €17,774 | +€1,396 | +8.5% |
| Recurring financial charges | 65 | €16,378 | €17,774 | +€1,396 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €48,483 | €48,110 | -€373 | -0.8% |
| Income taxes | 67/77 | €21,305 | €18,068 | -€3,238 | -15.2% |
| Profit (loss) for the period | 9904 | €27,178 | €30,043 | +€2,865 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,178 | €30,043 | +€2,865 | +10.5% |
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 10 October 2026 via checked.be.