PMA Tech: 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.
PMA Tech
Largest movements
- Cash +€22,204
up €22,204 (+38.5%), from €57,627 to €79,831
mainly Net result for the year (+€40,532) and Trade debts (+€1,556)
- Receivables within one year +€12,951
up €12,951 (+105.0%), from €12,334 to €25,286
of which Other amounts receivable: +€10,906
- Reserves +€39,699
up €39,699 (+74.5%), from €53,280 to €92,978
- Tax, wage and social debts -€4,391
down €4,391 (-68.0%), from €6,452 to €2,062
- Trade debts +€1,556
up €1,556 (+130.9%), from €1,189 to €2,745
- Gross operating margin -€21,998
down €21,998 (-26.6%), from €82,666 to €60,668
- Taxes -€5,002
down €5,002 (-24.2%), from €20,697 to €15,695
- Other operating charges -€2,306
down €2,306 (-43.6%), from €5,291 to €2,986
- Financial charges -€1,226
down €1,226 (-52.2%), from €2,348 to €1,122
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 | €71,504 | €108,368 | +€36,864 | +51.6% |
| Fixed assets | 21/28 | €1,523 | €2,250 | +€728 | +47.8% |
| Tangible fixed assets | 22/27 | €1,518 | €2,245 | +€728 | +47.9% |
| Furniture and vehicles | 24 | €1,518 | €2,245 | +€728 | +47.9% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €69,982 | €106,118 | +€36,136 | +51.6% |
| Amounts receivable within one year | 40/41 | €12,334 | €25,286 | +€12,951 | +105.0% |
| Trade receivables | 40 | €8,444 | €10,490 | +€2,046 | +24.2% |
| Other amounts receivable | 41 | €3,890 | €14,796 | +€10,906 | +280.4% |
| Cash at bank and in hand | 54/58 | €57,627 | €79,831 | +€22,204 | +38.5% |
| Deferred charges and accrued income | 490/1 | €20 | €1,001 | +€981 | +4961.2% |
| Total equity and liabilities | 10/49 | €71,504 | €108,368 | +€36,864 | +51.6% |
| Equity | 10/15 | €63,280 | €102,978 | +€39,699 | +62.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €53,280 | €92,978 | +€39,699 | +74.5% |
| Distributable reserves | 133 | €53,280 | €92,978 | +€39,699 | +74.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €8,224 | €5,390 | -€2,835 | -34.5% |
| Amounts payable within one year | 42/48 | €8,224 | €5,390 | -€2,835 | -34.5% |
| Trade debts | 44 | €1,189 | €2,745 | +€1,556 | +130.9% |
| Suppliers | 440/4 | €1,189 | €2,745 | +€1,556 | +130.9% |
| Taxes, remuneration and social security | 45 | €6,452 | €2,062 | -€4,391 | -68.0% |
| Taxes | 450/3 | €6,452 | €2,062 | -€4,391 | -68.0% |
| Other amounts payable | 47/48 | €583 | €583 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €306 | €662 | +€356 | +116.2% |
| Other operating charges | 640/8 | €5,291 | €2,986 | -€2,306 | -43.6% |
| Gross operating margin | 9900 | €82,666 | €60,668 | -€21,998 | -26.6% |
| Operating profit (loss) | 9901 | €77,068 | €57,020 | -€20,049 | -26.0% |
| Financial income | 75/76B | €90 | €330 | +€240 | +267.2% |
| Recurring financial income | 75 | €90 | €330 | +€240 | +267.2% |
| Financial charges | 65/66B | €2,348 | €1,122 | -€1,226 | -52.2% |
| Recurring financial charges | 65 | €2,348 | €1,122 | -€1,226 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | €74,810 | €56,227 | -€18,583 | -24.8% |
| Income taxes | 67/77 | €20,697 | €15,695 | -€5,002 | -24.2% |
| Profit (loss) for the period | 9904 | €54,113 | €40,532 | -€13,581 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,113 | €40,532 | -€13,581 | -25.1% |
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 7 October 2026 via checked.be.