PM EUROPE: what changed
PM EUROPE
Largest movements
- Stocks and contracts +€3,833
up €3,833 (+42.7%), from €8,972 to €12,805
- Deferred charges and accrued income +€2,919
up €2,919 (+39.9%), from €7,314 to €10,233
- Cash +€1,144
up €1,144 (+17.3%), from €6,608 to €7,752
mainly Trade debts (+€6,012) and Depreciation (+€3,045)
- Tangible fixed assets +€676
up €676 (+11.4%), from €5,934 to €6,610
of which Plant, machinery and equipment: +€1,899
- Trade debts +€6,012
up €6,012 (+169%), from €3,554 to €9,566
- Profit (loss) carried forward +€1,765
up €1,765, from -€200 to €1,565
- Tax, wage and social debts +€733
up €733 (+14.7%), from €4,973 to €5,706
- Purchases and services +€54,684
up €54,684 (+133%), from €41,201 to €95,886
- Turnover +€53,688
up €53,688 (+103%), from €52,106 to €105,794
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,184 | €40,694 | +€8,510 | +26.4% |
| Fixed assets | 21/28 | €5,934 | €6,610 | +€676 | +11.4% |
| Tangible fixed assets | 22/27 | €5,934 | €6,610 | +€676 | +11.4% |
| Plant, machinery and equipment | 23 | €2,266 | €4,165 | +€1,899 | +83.8% |
| Furniture and vehicles | 24 | €3,668 | €2,445 | -€1,223 | -33.3% |
| Current assets | 29/58 | €26,251 | €34,084 | +€7,834 | +29.8% |
| Stocks and contracts in progress | 3 | €8,972 | €12,805 | +€3,833 | +42.7% |
| Stocks | 30/36 | €8,972 | €12,805 | +€3,833 | +42.7% |
| Amounts receivable within one year | 40/41 | €3,357 | €3,295 | -€62 | -1.8% |
| Trade receivables | 40 | €3,357 | €3,295 | -€62 | -1.8% |
| Cash at bank and in hand | 54/58 | €6,608 | €7,752 | +€1,144 | +17.3% |
| Deferred charges and accrued income | 490/1 | €7,314 | €10,233 | +€2,919 | +39.9% |
| Total equity and liabilities | 10/49 | €32,184 | €40,694 | +€8,510 | +26.4% |
| Equity | 10/15 | €23,657 | €25,422 | +€1,765 | +7.5% |
| Contributions | 10/11 | €23,857 | €23,857 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€200 | €1,565 | +€1,765 | |
| Amounts payable | 17/49 | €8,528 | €15,273 | +€6,745 | +79.1% |
| Amounts payable within one year | 42/48 | €8,528 | €15,273 | +€6,745 | +79.1% |
| Trade debts | 44 | €3,554 | €9,566 | +€6,012 | +169% |
| Suppliers | 440/4 | €3,554 | €9,566 | +€6,012 | +169% |
| Taxes, remuneration and social security | 45 | €4,973 | €5,706 | +€733 | +14.7% |
| Taxes | 450/3 | €4,973 | €5,706 | +€733 | +14.7% |
| Turnover | 70 | €52,106 | €105,794 | +€53,688 | +103% |
| Goods, raw materials, services and sundry goods | 60/61 | €41,201 | €95,886 | +€54,684 | +133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,076 | €3,045 | +€969 | +46.7% |
| Gross operating margin | 9900 | €10,904 | €9,908 | -€997 | -9.1% |
| Operating profit (loss) | 9901 | €8,828 | €6,863 | -€1,966 | -22.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | +3,500% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +3,500% |
| Financial charges | 65/66B | €2,591 | €3,170 | +€579 | +22.3% |
| Recurring financial charges | 65 | €2,591 | €3,170 | +€579 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €6,237 | €3,693 | -€2,544 | -40.8% |
| Income taxes | 67/77 | €1,075 | €1,929 | +€854 | +79.5% |
| Profit (loss) for the period | 9904 | €5,162 | €1,765 | -€3,398 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,162 | €1,765 | -€3,398 | -65.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.