PMA CONSULT: 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.
PMA CONSULT
Largest movements
- Cash -€42,947
down €42,947 (-19.7%), from €218,465 to €175,518
mainly Net result for the year (-€25,179) and Investment in fixed assets (net) (-€21,749)
- Tangible fixed assets +€13,880
up €13,880 (+43.9%), from €31,592 to €45,472
of which Plant, machinery and equipment: +€17,507
- Receivables within one year -€3,861
down €3,861 (-75.5%), from €5,115 to €1,254
of which Trade receivables: -€2,874
- Profit (loss) carried forward -€25,179
down €25,179 (-16.8%), from €150,038 to €124,859
- Trade debts -€3,297
down €3,297 (-68.9%), from €4,786 to €1,490
- Reserves -€2,776
down €2,776 (-3.1%), from €89,464 to €86,688
of which Distributable reserves: -€2,776
- Gross operating margin +€3,900
up €3,900 (+18.7%), from -€20,845 to -€16,945
- Depreciation -€3,639
down €3,639 (-31.6%), from €11,508 to €7,869
- Other operating charges +€406
up €406 (+80.3%), from €505 to €911
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.
Derived cash bridge
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 | €255,782 | €222,878 | -€32,904 | -12.9% |
| Fixed assets | 21/28 | €31,592 | €45,472 | +€13,880 | +43.9% |
| Tangible fixed assets | 22/27 | €31,592 | €45,472 | +€13,880 | +43.9% |
| Plant, machinery and equipment | 23 | €27,526 | €45,033 | +€17,507 | +63.6% |
| Furniture and vehicles | 24 | €4,066 | €439 | -€3,627 | -89.2% |
| Current assets | 29/58 | €224,190 | €177,406 | -€46,784 | -20.9% |
| Amounts receivable within one year | 40/41 | €5,115 | €1,254 | -€3,861 | -75.5% |
| Trade receivables | 40 | €3,400 | €526 | -€2,874 | -84.5% |
| Other amounts receivable | 41 | €1,715 | €728 | -€987 | -57.5% |
| Cash at bank and in hand | 54/58 | €218,465 | €175,518 | -€42,947 | -19.7% |
| Deferred charges and accrued income | 490/1 | €610 | €634 | +€24 | +3.9% |
| Total equity and liabilities | 10/49 | €255,782 | €222,878 | -€32,904 | -12.9% |
| Equity | 10/15 | €245,701 | €217,747 | -€27,954 | -11.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,464 | €86,688 | -€2,776 | -3.1% |
| Tax-exempt reserves | 132 | €83 | €83 | = | 0.0% |
| Distributable reserves | 133 | €89,381 | €86,605 | -€2,776 | -3.1% |
| Profit (loss) carried forward | 14 | €150,038 | €124,859 | -€25,179 | -16.8% |
| Amounts payable | 17/49 | €10,081 | €5,131 | -€4,950 | -49.1% |
| Amounts payable within one year | 42/48 | €10,081 | €5,131 | -€4,950 | -49.1% |
| Trade debts | 44 | €4,786 | €1,490 | -€3,297 | -68.9% |
| Suppliers | 440/4 | €4,786 | €1,490 | -€3,297 | -68.9% |
| Taxes, remuneration and social security | 45 | €33 | €59 | +€25 | +76.8% |
| Taxes | 450/3 | €33 | €59 | +€25 | +76.8% |
| Other amounts payable | 47/48 | €5,262 | €3,583 | -€1,678 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,508 | €7,869 | -€3,639 | -31.6% |
| Other operating charges | 640/8 | €505 | €911 | +€406 | +80.3% |
| Gross operating margin | 9900 | -€20,845 | -€16,945 | +€3,900 | +18.7% |
| Operating profit (loss) | 9901 | -€32,858 | -€25,725 | +€7,132 | +21.7% |
| Financial income | 75/76B | €994 | €847 | -€148 | -14.8% |
| Recurring financial income | 75 | €994 | €847 | -€148 | -14.8% |
| Financial charges | 65/66B | €57 | €55 | -€3 | -4.7% |
| Recurring financial charges | 65 | €57 | €55 | -€3 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | -€31,921 | -€24,933 | +€6,987 | +21.9% |
| Income taxes | 67/77 | €236 | €245 | +€9 | +3.9% |
| Profit (loss) for the period | 9904 | -€32,157 | -€25,179 | +€6,978 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,157 | -€25,179 | +€6,978 | +21.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.