PMB Construct: 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.
PMB Construct
Largest movements
- Receivables within one year +€5,364
up €5,364 (+75.0%), from €7,150 to €12,514
- Cash +€3,020
up €3,020 (+39.2%), from €7,714 to €10,735
mainly Net result for the year (+€6,864) and Tax, wage and social debts (+€1,177)
- Tangible fixed assets -€1,090
down €1,090 (-24.6%), from €4,423 to €3,333
- Profit (loss) carried forward +€6,864
up €6,864 (+78.1%), from €8,792 to €15,656
- Tax, wage and social debts +€1,177
up €1,177 (+141%), from €832 to €2,010
- Trade debts -€575
down €575 (-8.7%), from €6,610 to €6,035
- Gross operating margin +€5,483
up €5,483 (+76.6%), from €7,161 to €12,644
- Taxes +€1,177
up €1,177 (+141%), from €832 to €2,010
- Financial charges +€361
up €361 (+23.0%), from €1,572 to €1,933
- Other operating charges +€167
up €167 (+28.7%), from €582 to €749
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 | €20,704 | €28,080 | +€7,376 | +35.6% |
| Fixed assets | 21/28 | €4,423 | €3,333 | -€1,090 | -24.6% |
| Tangible fixed assets | 22/27 | €4,423 | €3,333 | -€1,090 | -24.6% |
| Furniture and vehicles | 24 | €4,423 | €3,333 | -€1,090 | -24.6% |
| Current assets | 29/58 | €16,282 | €24,747 | +€8,465 | +52.0% |
| Amounts receivable within one year | 40/41 | €7,150 | €12,514 | +€5,364 | +75.0% |
| Other amounts receivable | 41 | €7,150 | €12,514 | +€5,364 | +75.0% |
| Cash at bank and in hand | 54/58 | €7,714 | €10,735 | +€3,020 | +39.2% |
| Deferred charges and accrued income | 490/1 | €1,418 | €1,498 | +€81 | +5.7% |
| Total equity and liabilities | 10/49 | €20,704 | €28,080 | +€7,376 | +35.6% |
| Equity | 10/15 | €12,292 | €19,156 | +€6,864 | +55.8% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,792 | €15,656 | +€6,864 | +78.1% |
| Amounts payable | 17/49 | €8,412 | €8,924 | +€512 | +6.1% |
| Amounts payable within one year | 42/48 | €8,412 | €8,924 | +€512 | +6.1% |
| Trade debts | 44 | €6,610 | €6,035 | -€575 | -8.7% |
| Suppliers | 440/4 | €6,610 | €6,035 | -€575 | -8.7% |
| Taxes, remuneration and social security | 45 | €832 | €2,010 | +€1,177 | +141% |
| Taxes | 450/3 | €832 | €2,010 | +€1,177 | +141% |
| Other amounts payable | 47/48 | €970 | €879 | -€91 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,027 | €1,090 | +€63 | +6.1% |
| Other operating charges | 640/8 | €582 | €749 | +€167 | +28.7% |
| Gross operating margin | 9900 | €7,161 | €12,644 | +€5,483 | +76.6% |
| Operating profit (loss) | 9901 | €5,551 | €10,805 | +€5,254 | +94.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,572 | €1,933 | +€361 | +23.0% |
| Recurring financial charges | 65 | €1,572 | €1,933 | +€361 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €3,980 | €8,874 | +€4,894 | +123% |
| Income taxes | 67/77 | €832 | €2,010 | +€1,177 | +141% |
| Profit (loss) for the period | 9904 | €3,148 | €6,864 | +€3,716 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €3,148 | €6,864 | +€3,716 | +118% |
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 24 October 2026 via checked.be.