PM Engineering Solutions: 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.
PM Engineering Solutions
Largest movements
- Cash +€10,829
up €10,829 (+22.0%), from €49,321 to €60,150
mainly Net result for the year (+€25,677) and Depreciation (+€4,145)
- Receivables within one year +€10,365
up €10,365 (+37.2%), from €27,897 to €38,261
of which Other amounts receivable: +€7,505
- Tangible fixed assets +€6,751
up €6,751 (+32.0%), from €21,096 to €27,847
of which Furniture and vehicles: +€7,449
- Reserves +€25,677
up €25,677 (+36.3%), from €70,647 to €96,324
- Debts after one year +€4,008
new in 2025: €4,008
- Trade debts -€1,424
down €1,424 (-31.8%), from €4,484 to €3,060
- Gross operating margin -€7,511
down €7,511 (-16.3%), from €45,943 to €38,432
- Depreciation +€2,828
up €2,828 (+214.8%), from €1,317 to €4,145
- Taxes -€1,604
down €1,604 (-17.6%), from €9,101 to €7,497
- Financial charges -€1,281
down €1,281 (-57.5%), from €2,227 to €947
- Other operating charges +€1,116
up €1,116 (+794.1%), from €141 to €1,256
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 | €101,363 | €128,593 | +€27,230 | +26.9% |
| Fixed assets | 21/28 | €21,096 | €27,847 | +€6,751 | +32.0% |
| Tangible fixed assets | 22/27 | €21,096 | €27,847 | +€6,751 | +32.0% |
| Furniture and vehicles | 24 | €4,486 | €11,936 | +€7,449 | +166.0% |
| Other tangible fixed assets | 26 | €16,610 | €15,911 | -€698 | -4.2% |
| Current assets | 29/58 | €80,268 | €100,746 | +€20,479 | +25.5% |
| Amounts receivable within one year | 40/41 | €27,897 | €38,261 | +€10,365 | +37.2% |
| Trade receivables | 40 | €11,530 | €14,390 | +€2,860 | +24.8% |
| Other amounts receivable | 41 | €16,366 | €23,872 | +€7,505 | +45.9% |
| Cash at bank and in hand | 54/58 | €49,321 | €60,150 | +€10,829 | +22.0% |
| Deferred charges and accrued income | 490/1 | €3,050 | €2,335 | -€715 | -23.4% |
| Total equity and liabilities | 10/49 | €101,363 | €128,593 | +€27,230 | +26.9% |
| Equity | 10/15 | €75,647 | €101,324 | +€25,677 | +33.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €70,647 | €96,324 | +€25,677 | +36.3% |
| Distributable reserves | 133 | €70,647 | €96,324 | +€25,677 | +36.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,716 | €27,270 | +€1,553 | +6.0% |
| Amounts payable after more than one year | 17 | - | €4,008 | +€4,008 | |
| Financial debts | 170/4 | - | €4,008 | +€4,008 | |
| Amounts payable within one year | 42/48 | €25,716 | €23,262 | -€2,455 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | - | €982 | +€982 | |
| Trade debts | 44 | €4,484 | €3,060 | -€1,424 | -31.8% |
| Suppliers | 440/4 | €4,484 | €3,060 | -€1,424 | -31.8% |
| Taxes, remuneration and social security | 45 | €20,112 | €19,220 | -€892 | -4.4% |
| Taxes | 450/3 | €17,412 | €19,220 | +€1,808 | +10.4% |
| Remuneration and social security | 454/9 | €2,700 | €0 | -€2,700 | -100.0% |
| Other amounts payable | 47/48 | €1,120 | €0 | -€1,120 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,317 | €4,145 | +€2,828 | +214.8% |
| Other operating charges | 640/8 | €141 | €1,256 | +€1,116 | +794.1% |
| Gross operating margin | 9900 | €45,943 | €38,432 | -€7,511 | -16.3% |
| Operating profit (loss) | 9901 | €44,486 | €33,031 | -€11,455 | -25.7% |
| Financial income | 75/76B | €212 | €1,090 | +€878 | +413.9% |
| Recurring financial income | 75 | €212 | €1,090 | +€878 | +413.9% |
| Financial charges | 65/66B | €2,227 | €947 | -€1,281 | -57.5% |
| Recurring financial charges | 65 | €2,227 | €947 | -€1,281 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €42,470 | €33,174 | -€9,296 | -21.9% |
| Income taxes | 67/77 | €9,101 | €7,497 | -€1,604 | -17.6% |
| Profit (loss) for the period | 9904 | €33,369 | €25,677 | -€7,693 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,369 | €25,677 | -€7,693 | -23.1% |
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 2 October 2026 via checked.be.