PMK 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.
PMK Consult
Largest movements
- Financial fixed assets +€784,495
up €784,495 (+5025.3%), from €15,611 to €800,106
- Current investments -€260,000
down €260,000 (-100.0%), from €260,000 to €0
- Cash -€25,145
down €25,145 (-96.1%), from €26,168 to €1,023
mainly Investment in fixed assets (net) (-€787,508) and Deferred charges and accrued income (-€3,115)
- Tangible fixed assets -€23,614
down €23,614 (-36.8%), from €64,110 to €40,496
of which Furniture and vehicles: -€22,411
- Receivables within one year -€17,853
down €17,853 (-57.1%), from €31,249 to €13,395
of which Other amounts receivable: -€15,131
- Debts after one year +€400,000
new in 2025: €400,000
- Profit (loss) carried forward +€59,044
up €59,044 (+24.9%), from €237,425 to €296,469
- Gross operating margin +€49,704
up €49,704 (+77.2%), from €64,404 to €114,109
- Taxes +€9,900
up €9,900 (+65.3%), from €15,154 to €25,054
- Financial income -€4,720
down €4,720 (-56.9%), from €8,289 to €3,568
- Financial charges +€2,967
up €2,967 (+1481.3%), from €200 to €3,167
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 | €397,138 | €858,136 | +€460,998 | +116.1% |
| Fixed assets | 21/28 | €79,721 | €840,602 | +€760,881 | +954.4% |
| Tangible fixed assets | 22/27 | €64,110 | €40,496 | -€23,614 | -36.8% |
| Plant, machinery and equipment | 23 | €4,590 | €3,387 | -€1,203 | -26.2% |
| Furniture and vehicles | 24 | €59,520 | €37,110 | -€22,411 | -37.7% |
| Financial fixed assets | 28 | €15,611 | €800,106 | +€784,495 | +5025.3% |
| Current assets | 29/58 | €317,417 | €17,534 | -€299,883 | -94.5% |
| Amounts receivable within one year | 40/41 | €31,249 | €13,395 | -€17,853 | -57.1% |
| Trade receivables | 40 | €9,075 | €6,353 | -€2,723 | -30.0% |
| Other amounts receivable | 41 | €22,174 | €7,043 | -€15,131 | -68.2% |
| Current investments | 50/53 | €260,000 | €0 | -€260,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €26,168 | €1,023 | -€25,145 | -96.1% |
| Deferred charges and accrued income | 490/1 | €0 | €3,115 | +€3,115 | |
| Total equity and liabilities | 10/49 | €397,138 | €858,136 | +€460,998 | +116.1% |
| Equity | 10/15 | €393,676 | €452,721 | +€59,044 | +15.0% |
| Contributions | 10/11 | €155,330 | €155,330 | = | 0.0% |
| Reserves | 13 | €922 | €922 | = | 0.0% |
| Distributable reserves | 133 | €922 | €922 | = | 0.0% |
| Profit (loss) carried forward | 14 | €237,425 | €296,469 | +€59,044 | +24.9% |
| Amounts payable | 17/49 | €3,461 | €405,415 | +€401,954 | +11612.2% |
| Amounts payable after more than one year | 17 | - | €400,000 | +€400,000 | |
| Financial debts | 170/4 | - | €400,000 | +€400,000 | |
| Amounts payable within one year | 42/48 | €3,461 | €5,415 | +€1,954 | +56.4% |
| Trade debts | 44 | €1,627 | €889 | -€739 | -45.4% |
| Suppliers | 440/4 | €1,627 | €889 | -€739 | -45.4% |
| Taxes, remuneration and social security | 45 | €1,834 | €2,167 | +€333 | +18.2% |
| Taxes | 450/3 | €1,834 | €2,167 | +€333 | +18.2% |
| Other amounts payable | 47/48 | - | €2,359 | +€2,359 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,572 | €26,627 | +€54 | +0.2% |
| Other operating charges | 640/8 | €1,616 | €896 | -€720 | -44.6% |
| Non-recurring operating charges | 66A | - | €2,890 | +€2,890 | |
| Gross operating margin | 9900 | €64,404 | €114,109 | +€49,704 | +77.2% |
| Operating profit (loss) | 9901 | €36,216 | €83,697 | +€47,480 | +131.1% |
| Financial income | 75/76B | €8,289 | €3,568 | -€4,720 | -56.9% |
| Recurring financial income | 75 | €8,289 | €3,568 | -€4,720 | -56.9% |
| Financial charges | 65/66B | €200 | €3,167 | +€2,967 | +1481.3% |
| Recurring financial charges | 65 | €200 | €3,167 | +€2,967 | +1481.3% |
| Profit (loss) for the period before taxes | 9903 | €44,305 | €84,098 | +€39,793 | +89.8% |
| Income taxes | 67/77 | €15,154 | €25,054 | +€9,900 | +65.3% |
| Profit (loss) for the period | 9904 | €29,151 | €59,044 | +€29,894 | +102.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,151 | €59,044 | +€29,894 | +102.5% |
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 12 October 2026 via checked.be.