PMC IMMO: 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.
PMC IMMO
Largest movements
- Cash +€21,097
up €21,097 (+59.1%), from €35,705 to €56,802
mainly Other debts (+€38,571) and Depreciation (+€15,872)
- Tangible fixed assets -€15,872
down €15,872 (-4.7%), from €336,183 to €320,311
- Other debts +€38,571
new in 2025: €38,571
- Reserves -€26,124
down €26,124 (-9.4%), from €277,161 to €251,037
of which Distributable reserves: -€14,076
- Provisions -€15,637
down €15,637 (-44.9%), from €34,825 to €19,188
- Tax, wage and social debts +€8,885
new in 2025: €8,885
- Taxes +€6,886
up €6,886 (+343.2%), from €2,006 to €8,892
- Gross operating margin +€1,547
up €1,547 (+6.7%), from €22,974 to €24,521
- Depreciation +€824
up €824 (+5.5%), from €15,048 to €15,872
- Other operating charges -€355
down €355 (-10.6%), from €3,349 to €2,994
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 | €374,581 | €380,182 | +€5,601 | +1.5% |
| Fixed assets | 21/28 | €336,183 | €320,311 | -€15,872 | -4.7% |
| Tangible fixed assets | 22/27 | €336,183 | €320,311 | -€15,872 | -4.7% |
| Land and buildings | 22 | €336,183 | €320,311 | -€15,872 | -4.7% |
| Current assets | 29/58 | €38,399 | €59,871 | +€21,472 | +55.9% |
| Amounts receivable within one year | 40/41 | €494 | €869 | +€375 | +76.0% |
| Other amounts receivable | 41 | €494 | €869 | +€375 | +76.0% |
| Cash at bank and in hand | 54/58 | €35,705 | €56,802 | +€21,097 | +59.1% |
| Deferred charges and accrued income | 490/1 | €2,200 | €2,200 | = | 0.0% |
| Total equity and liabilities | 10/49 | €374,581 | €380,182 | +€5,601 | +1.5% |
| Equity | 10/15 | €339,756 | €313,537 | -€26,219 | -7.7% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €277,161 | €251,037 | -€26,124 | -9.4% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €69,611 | €57,563 | -€12,048 | -17.3% |
| Distributable reserves | 133 | €201,300 | €187,224 | -€14,076 | -7.0% |
| Profit (loss) carried forward | 14 | €95 | - | -€95 | |
| Provisions and deferred taxes | 16 | €34,825 | €19,188 | -€15,637 | -44.9% |
| Deferred taxes | 168 | €34,825 | €19,188 | -€15,637 | -44.9% |
| Amounts payable | 17/49 | - | €47,457 | +€47,457 | |
| Amounts payable within one year | 42/48 | - | €47,457 | +€47,457 | |
| Taxes, remuneration and social security | 45 | - | €8,885 | +€8,885 | |
| Taxes | 450/3 | - | €8,885 | +€8,885 | |
| Other amounts payable | 47/48 | - | €38,571 | +€38,571 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,048 | €15,872 | +€824 | +5.5% |
| Other operating charges | 640/8 | €3,349 | €2,994 | -€355 | -10.6% |
| Gross operating margin | 9900 | €22,974 | €24,521 | +€1,547 | +6.7% |
| Operating profit (loss) | 9901 | €4,578 | €5,656 | +€1,078 | +23.5% |
| Financial charges | 65/66B | €137 | €48 | -€89 | -65.0% |
| Recurring financial charges | 65 | €137 | €48 | -€89 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | €4,441 | €5,608 | +€1,167 | +26.3% |
| Transfer from deferred taxes | 780 | €1,189 | €15,637 | +€14,448 | +1215.0% |
| Income taxes | 67/77 | €2,006 | €8,892 | +€6,886 | +343.2% |
| Profit (loss) for the period | 9904 | €3,623 | €12,353 | +€8,729 | +240.9% |
| Transfer from tax-exempt reserves | 789 | €2,309 | €12,048 | +€9,739 | +421.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,933 | €24,401 | +€18,468 | +311.3% |
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 29 September 2026 via checked.be.