PMF Technic: what changed
PMF Technic
Largest movements
- Current investments +€30,000
new in 2025: €30,000
- Cash +€21,540
up €21,540 (+73.9%), from €29,148 to €50,687
mainly Net result for the year (+€55,049) and Depreciation (+€2,339)
- Receivables within one year -€2,182
down €2,182 (-6.0%), from €36,382 to €34,200
of which Other amounts receivable: -€6,817
- Deferred charges and accrued income +€1,527
up €1,527 (+374%), from €408 to €1,935
- Profit (loss) carried forward +€54,216
up €54,216 (+99.6%), from €54,412 to €108,628
- Tax, wage and social debts -€3,940
no longer reported in 2025 (was €3,940)
- Trade debts +€1,573
up €1,573 (+29.9%), from €5,253 to €6,826
- Other debts -€1,312
down €1,312 (-14.7%), from €8,937 to €7,625
- Gross operating margin -€2,930
down €2,930 (-3.9%), from €75,736 to €72,806
- Taxes -€2,460
down €2,460 (-12.9%), from €19,004 to €16,544
- Financial income +€1,284
up €1,284 (+73.1%), from €1,757 to €3,041
- Write-downs +€1,100
new in 2025: €1,100
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,542 | €124,078 | +€50,536 | +68.7% |
| Fixed assets | 21/28 | €7,604 | €7,256 | -€348 | -4.6% |
| Tangible fixed assets | 22/27 | €7,604 | €7,256 | -€348 | -4.6% |
| Plant, machinery and equipment | 23 | €6,556 | €4,956 | -€1,600 | -24.4% |
| Furniture and vehicles | 24 | €1,049 | €2,300 | +€1,251 | +119% |
| Current assets | 29/58 | €65,938 | €116,822 | +€50,885 | +77.2% |
| Amounts receivable within one year | 40/41 | €36,382 | €34,200 | -€2,182 | -6.0% |
| Trade receivables | 40 | €15,191 | €19,826 | +€4,635 | +30.5% |
| Other amounts receivable | 41 | €21,191 | €14,374 | -€6,817 | -32.2% |
| Current investments | 50/53 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €29,148 | €50,687 | +€21,540 | +73.9% |
| Deferred charges and accrued income | 490/1 | €408 | €1,935 | +€1,527 | +374% |
| Total equity and liabilities | 10/49 | €73,542 | €124,078 | +€50,536 | +68.7% |
| Equity | 10/15 | €55,412 | €109,628 | +€54,216 | +97.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,412 | €108,628 | +€54,216 | +99.6% |
| Amounts payable | 17/49 | €18,130 | €14,451 | -€3,679 | -20.3% |
| Amounts payable within one year | 42/48 | €18,130 | €14,451 | -€3,679 | -20.3% |
| Trade debts | 44 | €5,253 | €6,826 | +€1,573 | +29.9% |
| Suppliers | 440/4 | €5,253 | €6,826 | +€1,573 | +29.9% |
| Taxes, remuneration and social security | 45 | €3,940 | - | -€3,940 | |
| Taxes | 450/3 | €3,940 | - | -€3,940 | |
| Other amounts payable | 47/48 | €8,937 | €7,625 | -€1,312 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,893 | €2,339 | +€446 | +23.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,100 | +€1,100 | |
| Other operating charges | 640/8 | €1,270 | €672 | -€597 | -47.1% |
| Gross operating margin | 9900 | €75,736 | €72,806 | -€2,930 | -3.9% |
| Operating profit (loss) | 9901 | €72,573 | €68,695 | -€3,879 | -5.3% |
| Financial income | 75/76B | €1,757 | €3,041 | +€1,284 | +73.1% |
| Recurring financial income | 75 | €1,757 | €3,041 | +€1,284 | +73.1% |
| Financial charges | 65/66B | €55 | €144 | +€88 | +160% |
| Recurring financial charges | 65 | €55 | €144 | +€88 | +160% |
| Profit (loss) for the period before taxes | 9903 | €74,275 | €71,592 | -€2,683 | -3.6% |
| Income taxes | 67/77 | €19,004 | €16,544 | -€2,460 | -12.9% |
| Profit (loss) for the period | 9904 | €55,271 | €55,049 | -€223 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €55,271 | €55,049 | -€223 | -0.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.