PM FUNERAL SERVICES: 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 FUNERAL SERVICES
Largest movements
- Intangible fixed assets -€49,715
down €49,715 (-10.0%), from €497,018 to €447,302
- Cash +€26,931
up €26,931 (+149.0%), from €18,080 to €45,010
mainly Debts after one year (+€362,423) and Net result for the year (+€63,159)
- Tangible fixed assets +€22,078
up €22,078 (+1781.7%), from €1,239 to €23,317
of which Furniture and vehicles: +€17,732
- Receivables within one year -€10,813
down €10,813 (-11.1%), from €97,818 to €87,004
of which Other amounts receivable: -€30,681
- Trade debts -€511,578
down €511,578 (-93.5%), from €547,353 to €35,775
- Debts after one year +€362,423
new in 2025: €362,423
- Profit (loss) carried forward +€63,159
up €63,159 (+138.2%), from €45,686 to €108,845
- Current portion of long-term debt +€45,875
new in 2025: €45,875
- Tax, wage and social debts +€24,966
up €24,966 (+163.3%), from €15,286 to €40,252
of which Taxes: +€23,020
- Gross operating margin +€296,800
up €296,800 (+341.8%), from €86,835 to €383,635
- Staff costs +€203,713
up €203,713 (+801.9%), from €25,403 to €229,116
- Depreciation +€55,156
up €55,156 (+19487.7%), from €283 to €55,439
- Financial charges +€13,483
up €13,483 (+31318.6%), from €43 to €13,526
- Taxes +€6,636
up €6,636 (+43.4%), from €15,286 to €21,922
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 | €614,695 | €604,454 | -€10,241 | -1.7% |
| Fixed assets | 21/28 | €498,257 | €470,619 | -€27,638 | -5.5% |
| Intangible fixed assets | 21 | €497,018 | €447,302 | -€49,715 | -10.0% |
| Tangible fixed assets | 22/27 | €1,239 | €23,317 | +€22,078 | +1781.7% |
| Plant, machinery and equipment | 23 | - | €4,345 | +€4,345 | |
| Furniture and vehicles | 24 | €1,239 | €18,972 | +€17,732 | +1431.1% |
| Current assets | 29/58 | €116,438 | €133,835 | +€17,397 | +14.9% |
| Amounts receivable within one year | 40/41 | €97,818 | €87,004 | -€10,813 | -11.1% |
| Trade receivables | 40 | €57,971 | €77,838 | +€19,867 | +34.3% |
| Other amounts receivable | 41 | €39,847 | €9,166 | -€30,681 | -77.0% |
| Cash at bank and in hand | 54/58 | €18,080 | €45,010 | +€26,931 | +149.0% |
| Deferred charges and accrued income | 490/1 | €541 | €1,821 | +€1,280 | +236.8% |
| Total equity and liabilities | 10/49 | €614,695 | €604,454 | -€10,241 | -1.7% |
| Equity | 10/15 | €51,686 | €114,845 | +€63,159 | +122.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,686 | €108,845 | +€63,159 | +138.2% |
| Amounts payable | 17/49 | €563,009 | €489,609 | -€73,400 | -13.0% |
| Amounts payable after more than one year | 17 | - | €362,423 | +€362,423 | |
| Financial debts | 170/4 | - | €362,423 | +€362,423 | |
| Amounts payable within one year | 42/48 | €563,009 | €127,186 | -€435,823 | -77.4% |
| Current portion of amounts payable after more than one year | 42 | - | €45,875 | +€45,875 | |
| Trade debts | 44 | €547,353 | €35,775 | -€511,578 | -93.5% |
| Suppliers | 440/4 | €547,353 | €35,775 | -€511,578 | -93.5% |
| Advances received on contracts in progress | 46 | €370 | - | -€370 | |
| Taxes, remuneration and social security | 45 | €15,286 | €40,252 | +€24,966 | +163.3% |
| Taxes | 450/3 | €15,286 | €38,306 | +€23,020 | +150.6% |
| Remuneration and social security | 454/9 | - | €1,946 | +€1,946 | |
| Other amounts payable | 47/48 | - | €5,284 | +€5,284 | |
| Remuneration, social security and pensions | 62 | €25,403 | €229,116 | +€203,713 | +801.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €283 | €55,439 | +€55,156 | +19487.7% |
| Other operating charges | 640/8 | €134 | €600 | +€466 | +347.6% |
| Gross operating margin | 9900 | €86,835 | €383,635 | +€296,800 | +341.8% |
| Operating profit (loss) | 9901 | €61,015 | €98,480 | +€37,465 | +61.4% |
| Financial income | 75/76B | - | €127 | +€127 | |
| Recurring financial income | 75 | - | €127 | +€127 | |
| Financial charges | 65/66B | €43 | €13,526 | +€13,483 | +31318.6% |
| Recurring financial charges | 65 | €43 | €13,526 | +€13,483 | +31318.6% |
| Profit (loss) for the period before taxes | 9903 | €60,972 | €85,082 | +€24,110 | +39.5% |
| Income taxes | 67/77 | €15,286 | €21,922 | +€6,636 | +43.4% |
| Profit (loss) for the period | 9904 | €45,686 | €63,159 | +€17,474 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,686 | €63,159 | +€17,474 | +38.2% |
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 11 October 2026 via checked.be.