PM HANDLING: 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 HANDLING
Largest movements
- Tangible fixed assets +€27,265
up €27,265 (+5.1%), from €531,946 to €559,212
of which Other tangible fixed assets: +€63,569
- Receivables within one year -€12,004
down €12,004 (-5.8%), from €206,699 to €194,694
of which Trade receivables: -€24,191
- Tax, wage and social debts -€26,351
down €26,351 (-64.0%), from €41,154 to €14,803
- Profit (loss) carried forward +€21,714
up €21,714 (+29.1%), from €74,726 to €96,439
- Debts after one year +€13,140
up €13,140 (+2.9%), from €458,262 to €471,402
- Current portion of long-term debt +€8,676
up €8,676 (+17.7%), from €48,920 to €57,596
- Gross operating margin +€42,615
up €42,615 (+50.8%), from €83,861 to €126,476
- Financial income -€19,112
down €19,112 (-97.7%), from €19,562 to €449
- Other operating charges +€13,176
up €13,176 (+91.0%), from €14,477 to €27,653
- Depreciation +€7,021
up €7,021 (+15.4%), from €45,567 to €52,588
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €819,352 | €831,841 | +€12,489 | +1.5% |
| Fixed assets | 21/28 | €551,113 | €573,378 | +€22,265 | +4.0% |
| Intangible fixed assets | 21 | €19,167 | €14,166 | -€5,000 | -26.1% |
| Tangible fixed assets | 22/27 | €531,946 | €559,212 | +€27,265 | +5.1% |
| Land and buildings | 22 | €484,455 | €455,807 | -€28,648 | -5.9% |
| Plant, machinery and equipment | 23 | €907 | €2,682 | +€1,775 | +195.7% |
| Furniture and vehicles | 24 | €2,920 | €3,832 | +€912 | +31.2% |
| Leasing and similar rights | 25 | €26,677 | €16,335 | -€10,342 | -38.8% |
| Other tangible fixed assets | 26 | €16,987 | €80,555 | +€63,569 | +374.2% |
| Current assets | 29/58 | €268,239 | €258,462 | -€9,777 | -3.6% |
| Amounts receivable within one year | 40/41 | €206,699 | €194,694 | -€12,004 | -5.8% |
| Trade receivables | 40 | €198,205 | €174,014 | -€24,191 | -12.2% |
| Other amounts receivable | 41 | €8,494 | €20,680 | +€12,186 | +143.5% |
| Cash at bank and in hand | 54/58 | €61,132 | €60,840 | -€292 | -0.5% |
| Deferred charges and accrued income | 490/1 | €408 | €2,928 | +€2,519 | +616.9% |
| Total equity and liabilities | 10/49 | €819,352 | €831,841 | +€12,489 | +1.5% |
| Equity | 10/15 | €156,188 | €177,901 | +€21,714 | +13.9% |
| Contributions | 10/11 | €81,462 | €81,462 | = | 0.0% |
| Contributions outside capital | 11 | €81,462 | €81,462 | = | 0.0% |
| Other | 1109/19 | €81,462 | €81,462 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,726 | €96,439 | +€21,714 | +29.1% |
| Amounts payable | 17/49 | €663,165 | €653,939 | -€9,225 | -1.4% |
| Amounts payable after more than one year | 17 | €458,262 | €471,402 | +€13,140 | +2.9% |
| Financial debts | 170/4 | €458,262 | €471,402 | +€13,140 | +2.9% |
| Amounts payable within one year | 42/48 | €204,902 | €182,537 | -€22,365 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €48,920 | €57,596 | +€8,676 | +17.7% |
| Trade debts | 44 | €114,828 | €110,138 | -€4,691 | -4.1% |
| Suppliers | 440/4 | €114,828 | €110,138 | -€4,691 | -4.1% |
| Taxes, remuneration and social security | 45 | €41,154 | €14,803 | -€26,351 | -64.0% |
| Taxes | 450/3 | €41,154 | €14,803 | -€26,351 | -64.0% |
| Non-recurring operating income | 76A | €780 | - | -€780 | |
| Remuneration, social security and pensions | 62 | -€140 | - | +€140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,567 | €52,588 | +€7,021 | +15.4% |
| Other operating charges | 640/8 | €14,477 | €27,653 | +€13,176 | +91.0% |
| Gross operating margin | 9900 | €83,861 | €126,476 | +€42,615 | +50.8% |
| Operating profit (loss) | 9901 | €23,958 | €46,235 | +€22,278 | +93.0% |
| Financial income | 75/76B | €19,562 | €449 | -€19,112 | -97.7% |
| Recurring financial income | 75 | €19,562 | €449 | -€19,112 | -97.7% |
| Financial charges | 65/66B | €19,384 | €18,981 | -€404 | -2.1% |
| Recurring financial charges | 65 | €19,384 | €18,981 | -€404 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €24,135 | €27,704 | +€3,569 | +14.8% |
| Income taxes | 67/77 | €7,113 | €5,990 | -€1,123 | -15.8% |
| Profit (loss) for the period | 9904 | €17,022 | €21,714 | +€4,692 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,022 | €21,714 | +€4,692 | +27.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.