PME-CONSEILS: 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.
PME-CONSEILS
Largest movements
- Receivables within one year +€126,549
up €126,549 (+18.9%), from €669,769 to €796,318
of which Trade receivables: +€145,523
- Tangible fixed assets +€95,471
up €95,471 (+134%), from €71,334 to €166,805
of which Other tangible fixed assets: +€70,426
- Cash -€45,524
down €45,524 (-12.0%), from €379,979 to €334,455
mainly Contributions, distributions and other (-€528,083) and Investment in fixed assets (net) (-€127,023)
- Deferred charges and accrued income +€17,789
up €17,789 (+31.6%), from €56,345 to €74,133
- Other debts -€117,243
down €117,243 (-48.1%), from €243,887 to €126,644
- Profit (loss) carried forward +€116,286
up €116,286 (+41.1%), from €282,998 to €399,284
- Tax, wage and social debts +€79,181
up €79,181 (+23.1%), from €342,349 to €421,530
of which Taxes: +€62,553
- Trade debts +€55,975
up €55,975 (+35.0%), from €159,914 to €215,888
- Debts after one year +€46,176
up €46,176 (+192%), from €24,088 to €70,265
- Gross operating margin +€87,732
up €87,732 (+5.3%), from €1.6m to €1.7m
- Write-downs -€27,663
down €27,663, from €13,232 to -€14,432
- Taxes -€22,208
down €22,208 (-9.6%), from €231,514 to €209,306
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 | €1,196,237 | €1,391,125 | +€194,889 | +16.3% |
| Fixed assets | 21/28 | €71,859 | €167,205 | +€95,346 | +133% |
| Tangible fixed assets | 22/27 | €71,334 | €166,805 | +€95,471 | +134% |
| Furniture and vehicles | 24 | €63,159 | €88,204 | +€25,045 | +39.7% |
| Other tangible fixed assets | 26 | €8,175 | €78,601 | +€70,426 | +861% |
| Financial fixed assets | 28 | €525 | €400 | -€125 | -23.8% |
| Current assets | 29/58 | €1,124,377 | €1,223,920 | +€99,543 | +8.9% |
| Amounts receivable within one year | 40/41 | €669,769 | €796,318 | +€126,549 | +18.9% |
| Trade receivables | 40 | €518,537 | €664,060 | +€145,523 | +28.1% |
| Other amounts receivable | 41 | €151,233 | €132,258 | -€18,974 | -12.5% |
| Current investments | 50/53 | €18,285 | €19,013 | +€729 | +4.0% |
| Cash at bank and in hand | 54/58 | €379,979 | €334,455 | -€45,524 | -12.0% |
| Deferred charges and accrued income | 490/1 | €56,345 | €74,133 | +€17,789 | +31.6% |
| Total equity and liabilities | 10/49 | €1,196,237 | €1,391,125 | +€194,889 | +16.3% |
| Equity | 10/15 | €392,998 | €509,284 | +€116,286 | +29.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €282,998 | €399,284 | +€116,286 | +41.1% |
| Provisions and deferred taxes | 16 | €5,881 | €2,349 | -€3,532 | -60.1% |
| Provisions for liabilities and charges | 160/5 | €5,881 | €2,349 | -€3,532 | -60.1% |
| Pensions and similar obligations | 160 | €5,881 | €2,349 | -€3,532 | -60.1% |
| Amounts payable | 17/49 | €797,358 | €879,492 | +€82,135 | +10.3% |
| Amounts payable after more than one year | 17 | €24,088 | €70,265 | +€46,176 | +192% |
| Financial debts | 170/4 | €24,088 | €70,265 | +€46,176 | +192% |
| Amounts payable within one year | 42/48 | €769,401 | €806,384 | +€36,983 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €13,007 | €29,695 | +€16,688 | +128% |
| Financial debts | 43 | €10,244 | €12,626 | +€2,382 | +23.3% |
| Credit institutions | 430/8 | €10,244 | €12,626 | +€2,382 | +23.3% |
| Trade debts | 44 | €159,914 | €215,888 | +€55,975 | +35.0% |
| Suppliers | 440/4 | €159,914 | €215,888 | +€55,975 | +35.0% |
| Taxes, remuneration and social security | 45 | €342,349 | €421,530 | +€79,181 | +23.1% |
| Taxes | 450/3 | €241,938 | €304,491 | +€62,553 | +25.9% |
| Remuneration and social security | 454/9 | €100,410 | €117,039 | +€16,628 | +16.6% |
| Other amounts payable | 47/48 | €243,887 | €126,644 | -€117,243 | -48.1% |
| Accrued charges and deferred income | 492/3 | €3,869 | €2,844 | -€1,025 | -26.5% |
| Non-recurring operating income | 76A | €7,648 | €521 | -€7,127 | -93.2% |
| Remuneration, social security and pensions | 62 | €764,725 | €775,128 | +€10,403 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,947 | €31,677 | +€5,730 | +22.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,232 | -€14,432 | -€27,663 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€3,532 | -€3,532 | |
| Other operating charges | 640/8 | €8,797 | €6,984 | -€1,813 | -20.6% |
| Non-recurring operating charges | 66A | €64 | €77,550 | +€77,487 | +121,835% |
| Gross operating margin | 9900 | €1,641,729 | €1,729,461 | +€87,732 | +5.3% |
| Operating profit (loss) | 9901 | €828,965 | €856,085 | +€27,120 | +3.3% |
| Financial income | 75/76B | €6,944 | €3,150 | -€3,794 | -54.6% |
| Recurring financial income | 75 | €6,798 | €3,150 | -€3,648 | -53.7% |
| Non-recurring financial income | 76B | €146 | - | -€146 | |
| Financial charges | 65/66B | €5,744 | €5,560 | -€184 | -3.2% |
| Recurring financial charges | 65 | €5,744 | €5,560 | -€184 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €830,165 | €853,676 | +€23,511 | +2.8% |
| Income taxes | 67/77 | €231,514 | €209,306 | -€22,208 | -9.6% |
| Profit (loss) for the period | 9904 | €598,651 | €644,369 | +€45,719 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €598,651 | €644,369 | +€45,719 | +7.6% |
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 27 October 2026 via checked.be.