PMG-IMMO: 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.
PMG-IMMO
Largest movements
- Receivables within one year -€63,854
down €63,854 (-77.4%), from €82,534 to €18,680
- Tangible fixed assets +€6,122
new in 2021: €6,122
- Cash -€2,163
down €2,163 (-69.6%), from €3,109 to €947
mainly Debts within one year (-€59,793) and Investment in fixed assets (net) (-€8,162)
- Debts within one year -€59,793
down €59,793 (-46.5%), from €128,579 to €68,786
of which Trade debts: -€36,638
- Gross operating margin +€10,428
up €10,428, from -€7,911 to €2,517
- Depreciation +€2,041
new in 2021: €2,041
- Financial charges +€578
new in 2021: €578
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,126 | €28,231 | -€59,895 | -68.0% |
| Fixed assets | 21/28 | €2,152 | €8,274 | +€6,122 | +284% |
| Tangible fixed assets | 22/27 | - | €6,122 | +€6,122 | |
| Furniture and vehicles | 24 | - | €6,122 | +€6,122 | |
| Financial fixed assets | 28 | €2,152 | €2,152 | = | 0.0% |
| Current assets | 29/58 | €85,974 | €19,957 | -€66,017 | -76.8% |
| Amounts receivable within one year | 40/41 | €82,534 | €18,680 | -€63,854 | -77.4% |
| Trade receivables | 40 | - | €17,961 | +€17,961 | |
| Other amounts receivable | 41 | - | €719 | +€719 | |
| Current investments | 50/53 | €331 | €331 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,109 | €947 | -€2,163 | -69.6% |
| Total equity and liabilities | 10/49 | €88,126 | €28,231 | -€59,895 | -68.0% |
| Equity | 10/15 | -€54,426 | -€54,528 | -€102 | -0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€62,486 | -€62,588 | -€102 | -0.2% |
| Amounts payable | 17/49 | €142,552 | €82,759 | -€59,793 | -41.9% |
| Amounts payable after more than one year | 17 | €13,973 | €13,973 | = | 0.0% |
| Other amounts payable | 178/9 | - | €13,973 | +€13,973 | |
| Amounts payable within one year | 42/48 | €128,579 | €68,786 | -€59,793 | -46.5% |
| Trade debts | 44 | €38,516 | €1,877 | -€36,638 | -95.1% |
| Suppliers | 440/4 | - | €1,877 | +€1,877 | |
| Other amounts payable | 47/48 | - | €66,909 | +€66,909 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,041 | +€2,041 | |
| Gross operating margin | 9900 | -€7,911 | €2,517 | +€10,428 | |
| Operating profit (loss) | 9901 | -€8,117 | €476 | +€8,594 | |
| Financial charges | 65/66B | - | €578 | +€578 | |
| Recurring financial charges | 65 | €549 | €578 | +€29 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,666 | -€102 | +€8,564 | +98.8% |
| Profit (loss) for the period | 9904 | -€8,666 | -€102 | +€8,564 | +98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,666 | -€102 | +€8,564 | +98.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.