PMKiné: 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.
PMKiné
Largest movements
- Cash +€10,016
up €10,016 (+97.1%), from €10,313 to €20,329
mainly Net result for the year (+€18,147) and Depreciation (+€2,459)
- Tangible fixed assets +€1,641
up €1,641 (+34.2%), from €4,803 to €6,444
- Deferred charges and accrued income +€969
new in 2025: €969
- Receivables within one year +€655
up €655 (+1.8%), from €36,767 to €37,422
of which Other amounts receivable: +€396
- Profit (loss) carried forward +€17,314
up €17,314 (+43.9%), from €39,466 to €56,780
- Tax, wage and social debts -€4,854
down €4,854 (-44.6%), from €10,891 to €6,037
- Trade debts +€847
up €847 (+510.4%), from €166 to €1,013
- Gross operating margin -€24,092
down €24,092 (-48.7%), from €49,466 to €25,373
- Taxes -€5,041
down €5,041 (-49.7%), from €10,141 to €5,100
- Depreciation +€2,364
up €2,364 (+2476.1%), from €95 to €2,459
- Other operating charges +€1,623
new in 2025: €1,623
- Financial income +€889
up €889 (+79.8%), from €1,114 to €2,003
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 | €51,882 | €65,163 | +€13,281 | +25.6% |
| Fixed assets | 21/28 | €4,803 | €6,444 | +€1,641 | +34.2% |
| Tangible fixed assets | 22/27 | €4,803 | €6,444 | +€1,641 | +34.2% |
| Furniture and vehicles | 24 | €4,803 | €6,444 | +€1,641 | +34.2% |
| Current assets | 29/58 | €47,079 | €58,719 | +€11,640 | +24.7% |
| Amounts receivable within one year | 40/41 | €36,767 | €37,422 | +€655 | +1.8% |
| Trade receivables | 40 | - | €260 | +€260 | |
| Other amounts receivable | 41 | €36,767 | €37,162 | +€396 | +1.1% |
| Cash at bank and in hand | 54/58 | €10,313 | €20,329 | +€10,016 | +97.1% |
| Deferred charges and accrued income | 490/1 | - | €969 | +€969 | |
| Total equity and liabilities | 10/49 | €51,882 | €65,163 | +€13,281 | +25.6% |
| Equity | 10/15 | €39,966 | €57,280 | +€17,314 | +43.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,466 | €56,780 | +€17,314 | +43.9% |
| Amounts payable | 17/49 | €11,916 | €7,883 | -€4,033 | -33.8% |
| Amounts payable within one year | 42/48 | €11,916 | €7,883 | -€4,033 | -33.8% |
| Trade debts | 44 | €166 | €1,013 | +€847 | +510.4% |
| Suppliers | 440/4 | €166 | €1,013 | +€847 | +510.4% |
| Taxes, remuneration and social security | 45 | €10,891 | €6,037 | -€4,854 | -44.6% |
| Taxes | 450/3 | €10,891 | €6,037 | -€4,854 | -44.6% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95 | €2,459 | +€2,364 | +2476.1% |
| Other operating charges | 640/8 | - | €1,623 | +€1,623 | |
| Gross operating margin | 9900 | €49,466 | €25,373 | -€24,092 | -48.7% |
| Operating profit (loss) | 9901 | €49,370 | €21,291 | -€28,079 | -56.9% |
| Financial income | 75/76B | €1,114 | €2,003 | +€889 | +79.8% |
| Recurring financial income | 75 | €1,114 | €2,003 | +€889 | +79.8% |
| Financial charges | 65/66B | €18 | €48 | +€30 | +166.7% |
| Recurring financial charges | 65 | €18 | €48 | +€30 | +166.7% |
| Profit (loss) for the period before taxes | 9903 | €50,466 | €23,246 | -€27,220 | -53.9% |
| Income taxes | 67/77 | €10,141 | €5,100 | -€5,041 | -49.7% |
| Profit (loss) for the period | 9904 | €40,325 | €18,147 | -€22,179 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,325 | €18,147 | -€22,179 | -55.0% |
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 9 October 2026 via checked.be.