PMCARE: 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.
PMCARE
Largest movements
- Cash +€37,492
up €37,492 (+10.4%), from €362,001 to €399,493
mainly Tax, wage and social debts (+€13,772) and Receivables within one year (+€12,942)
- Receivables within one year -€12,942
no longer reported in 2025 (was €12,942)
of which Trade receivables: -€12,872
- Tax, wage and social debts +€13,772
up €13,772 (+232.4%), from €5,927 to €19,699
of which Remuneration and social security: +€14,000
- Reserves +€5,000
up €5,000 (+4.0%), from €125,582 to €130,582
of which Distributable reserves: +€5,000
- Financial income -€3,218
down €3,218 (-77.6%), from €4,146 to €928
- Gross operating margin +€1,527
up €1,527 (+6.0%), from €25,624 to €27,151
- Financial charges -€749
down €749 (-4.5%), from €16,495 to €15,746
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 | €389,407 | €412,944 | +€23,537 | +6.0% |
| Fixed assets | 21/28 | €11,135 | €10,408 | -€728 | -6.5% |
| Tangible fixed assets | 22/27 | €11,135 | €10,408 | -€728 | -6.5% |
| Land and buildings | 22 | €9,600 | €9,600 | = | 0.0% |
| Plant, machinery and equipment | 23 | €996 | €581 | -€415 | -41.7% |
| Furniture and vehicles | 24 | €539 | €227 | -€313 | -58.0% |
| Current assets | 29/58 | €378,272 | €402,537 | +€24,265 | +6.4% |
| Amounts receivable within one year | 40/41 | €12,942 | - | -€12,942 | |
| Trade receivables | 40 | €12,872 | - | -€12,872 | |
| Other amounts receivable | 41 | €69 | - | -€69 | |
| Cash at bank and in hand | 54/58 | €362,001 | €399,493 | +€37,492 | +10.4% |
| Deferred charges and accrued income | 490/1 | €3,329 | €3,044 | -€285 | -8.6% |
| Total equity and liabilities | 10/49 | €389,407 | €412,944 | +€23,537 | +6.0% |
| Equity | 10/15 | €152,290 | €159,059 | +€6,770 | +4.4% |
| Contributions | 10/11 | €12,392 | €12,392 | = | 0.0% |
| Reserves | 13 | €125,582 | €130,582 | +€5,000 | +4.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Other | 1319 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €40,516 | €40,516 | = | 0.0% |
| Distributable reserves | 133 | €82,587 | €87,587 | +€5,000 | +6.1% |
| Profit (loss) carried forward | 14 | €14,316 | €16,086 | +€1,770 | +12.4% |
| Amounts payable | 17/49 | €237,118 | €253,885 | +€16,767 | +7.1% |
| Amounts payable within one year | 42/48 | €225,622 | €242,921 | +€17,300 | +7.7% |
| Trade debts | 44 | €147 | €328 | +€181 | +123.0% |
| Suppliers | 440/4 | €147 | €328 | +€181 | +123.0% |
| Taxes, remuneration and social security | 45 | €5,927 | €19,699 | +€13,772 | +232.4% |
| Taxes | 450/3 | €5,927 | €5,699 | -€228 | -3.8% |
| Remuneration and social security | 454/9 | - | €14,000 | +€14,000 | |
| Other amounts payable | 47/48 | €219,548 | €222,895 | +€3,347 | +1.5% |
| Accrued charges and deferred income | 492/3 | €11,496 | €10,964 | -€532 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €970 | €728 | -€242 | -24.9% |
| Other operating charges | 640/8 | €4,153 | €4,261 | +€108 | +2.6% |
| Gross operating margin | 9900 | €25,624 | €27,151 | +€1,527 | +6.0% |
| Operating profit (loss) | 9901 | €20,501 | €22,162 | +€1,661 | +8.1% |
| Financial income | 75/76B | €4,146 | €928 | -€3,218 | -77.6% |
| Recurring financial income | 75 | €4,146 | €928 | -€3,218 | -77.6% |
| Financial charges | 65/66B | €16,495 | €15,746 | -€749 | -4.5% |
| Recurring financial charges | 65 | €16,495 | €15,746 | -€749 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €8,152 | €7,344 | -€808 | -9.9% |
| Income taxes | 67/77 | €500 | €574 | +€74 | +14.9% |
| Profit (loss) for the period | 9904 | €7,652 | €6,770 | -€882 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,652 | €6,770 | -€882 | -11.5% |
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 1 October 2026 via checked.be.