PMH Consult: 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.
PMH Consult
Largest movements
- Tangible fixed assets -€101,353
down €101,353 (-16.2%), from €624,368 to €523,015
of which Furniture and vehicles: -€59,665
- Cash +€34,502
up €34,502 (+35.5%), from €97,140 to €131,642
mainly Depreciation (+€57,320) and Investment in fixed assets (net) (+€44,034)
- Receivables within one year +€7,959
up €7,959 (+26.1%), from €30,460 to €38,420
of which Other amounts receivable: +€18,694
- Reserves -€30,000
down €30,000 (-5.5%), from €545,360 to €515,360
of which Distributable reserves: -€30,000
- Current portion of long-term debt -€18,398
down €18,398 (-100%), from €18,398 to €0
- Other debts -€13,047
down €13,047 (-100%), from €13,047 to €0
- Gross operating margin -€127,129
down €127,129 (-55.6%), from €228,647 to €101,518
- Taxes -€31,099
down €31,099 (-63.5%), from €49,000 to €17,901
- Depreciation -€10,418
down €10,418 (-15.4%), from €67,737 to €57,320
- Financial income +€8,004
up €8,004 (+7,051%), from €114 to €8,118
of which Non-recurring financial income: +€7,025
- Financial charges +€3,766
up €3,766 (+173%), from €2,174 to €5,941
of which Non-recurring financial charges: +€5,277
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 | €754,010 | €696,717 | -€57,293 | -7.6% |
| Fixed assets | 21/28 | €624,458 | €523,105 | -€101,353 | -16.2% |
| Tangible fixed assets | 22/27 | €624,368 | €523,015 | -€101,353 | -16.2% |
| Land and buildings | 22 | €472,176 | €447,233 | -€24,944 | -5.3% |
| Plant, machinery and equipment | 23 | €80,305 | €64,882 | -€15,423 | -19.2% |
| Furniture and vehicles | 24 | €66,939 | €7,274 | -€59,665 | -89.1% |
| Other tangible fixed assets | 26 | €4,947 | €3,626 | -€1,321 | -26.7% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €129,552 | €173,612 | +€44,060 | +34.0% |
| Amounts receivable within one year | 40/41 | €30,460 | €38,420 | +€7,959 | +26.1% |
| Trade receivables | 40 | €25,647 | €14,913 | -€10,734 | -41.9% |
| Other amounts receivable | 41 | €4,813 | €23,507 | +€18,694 | +388% |
| Cash at bank and in hand | 54/58 | €97,140 | €131,642 | +€34,502 | +35.5% |
| Deferred charges and accrued income | 490/1 | €1,952 | €3,551 | +€1,599 | +81.9% |
| Total equity and liabilities | 10/49 | €754,010 | €696,717 | -€57,293 | -7.6% |
| Equity | 10/15 | €692,902 | €662,913 | -€29,989 | -4.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €545,360 | €515,360 | -€30,000 | -5.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €543,500 | €513,500 | -€30,000 | -5.5% |
| Profit (loss) carried forward | 14 | €141,342 | €141,353 | +€11 | 0.0% |
| Amounts payable | 17/49 | €61,108 | €33,804 | -€27,304 | -44.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €61,085 | €33,804 | -€27,281 | -44.7% |
| Current portion of amounts payable after more than one year | 42 | €18,398 | €0 | -€18,398 | -100% |
| Financial debts | 43 | €0 | €18 | +€18 | |
| Credit institutions | 430/8 | €0 | €18 | +€18 | |
| Trade debts | 44 | €1,398 | €986 | -€412 | -29.5% |
| Suppliers | 440/4 | €1,398 | €986 | -€412 | -29.5% |
| Taxes, remuneration and social security | 45 | €28,242 | €32,800 | +€4,558 | +16.1% |
| Taxes | 450/3 | €28,242 | €32,800 | +€4,558 | +16.1% |
| Other amounts payable | 47/48 | €13,047 | €0 | -€13,047 | -100% |
| Accrued charges and deferred income | 492/3 | €23 | €0 | -€23 | -100% |
| Non-recurring operating income | 76A | €590 | €69 | -€521 | -88.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,737 | €57,320 | -€10,418 | -15.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€3,731 | -€3,731 | |
| Other operating charges | 640/8 | €3,513 | €2,759 | -€754 | -21.5% |
| Non-recurring operating charges | 66A | €208 | €6,936 | +€6,728 | +3,232% |
| Gross operating margin | 9900 | €228,647 | €101,518 | -€127,129 | -55.6% |
| Operating profit (loss) | 9901 | €157,189 | €38,235 | -€118,954 | -75.7% |
| Financial income | 75/76B | €114 | €8,118 | +€8,004 | +7,051% |
| Recurring financial income | 75 | €114 | €1,093 | +€980 | +863% |
| Non-recurring financial income | 76B | - | €7,025 | +€7,025 | |
| Financial charges | 65/66B | €2,174 | €5,941 | +€3,766 | +173% |
| Recurring financial charges | 65 | €2,174 | €664 | -€1,510 | -69.4% |
| Non-recurring financial charges | 66B | - | €5,277 | +€5,277 | |
| Profit (loss) for the period before taxes | 9903 | €155,128 | €40,412 | -€114,716 | -73.9% |
| Income taxes | 67/77 | €49,000 | €17,901 | -€31,099 | -63.5% |
| Profit (loss) for the period | 9904 | €106,128 | €22,511 | -€83,618 | -78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €106,128 | €22,511 | -€83,618 | -78.8% |
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 16 October 2026 via checked.be.