PML: what changed
Two fiscal 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.
PML
Largest movements
- Cash +€0
up €0 (+4.7%), from €8 to €8
mainly Accrued charges and deferred income (+€73,853) and Tax, wage and social debts (+€700)
- Accrued charges and deferred income +€73,853
new in 2025: €73,853
- Other debts -€73,351
no longer reported in 2025 (was €73,351)
- Profit (loss) carried forward -€895
down €895 (-0.9%), from -€94,711 to -€95,606
- Tax, wage and social debts +€700
new in 2025: €700
- Trade debts -€557
down €557 (-60.8%), from €916 to €359
- Taxes +€3,746
new in 2025: €3,746
- Gross operating margin -€1,122
down €1,122 (-20.6%), from €5,436 to €4,314
- Financial charges +€1,013
up €1,013 (+4220.8%), from €24 to €1,037
- Other operating charges +€79
up €79 (+22.6%), from €348 to €426
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 | €8 | €8 | +€0 | +4.7% |
| Current assets | 29/58 | €8 | €8 | +€0 | +4.7% |
| Cash at bank and in hand | 54/58 | €8 | €8 | +€0 | +4.7% |
| Total equity and liabilities | 10/49 | €8 | €8 | +€0 | +4.7% |
| Equity | 10/15 | -€74,260 | -€75,155 | -€895 | -1.2% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Capital | 10 | €18,592 | €18,592 | -€0 | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | -€0 | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | -€0 | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€94,711 | -€95,606 | -€895 | -0.9% |
| Amounts payable | 17/49 | €74,267 | €75,163 | +€896 | +1.2% |
| Amounts payable within one year | 42/48 | €74,267 | €1,310 | -€72,957 | -98.2% |
| Current portion of amounts payable after more than one year | 42 | - | €251 | +€251 | |
| Trade debts | 44 | €916 | €359 | -€557 | -60.8% |
| Suppliers | 440/4 | €916 | €359 | -€557 | -60.8% |
| Taxes, remuneration and social security | 45 | - | €700 | +€700 | |
| Taxes | 450/3 | - | €700 | +€700 | |
| Other amounts payable | 47/48 | €73,351 | - | -€73,351 | |
| Accrued charges and deferred income | 492/3 | - | €73,853 | +€73,853 | |
| Other operating charges | 640/8 | €348 | €426 | +€79 | +22.6% |
| Gross operating margin | 9900 | €5,436 | €4,314 | -€1,122 | -20.6% |
| Operating profit (loss) | 9901 | €5,088 | €3,888 | -€1,200 | -23.6% |
| Financial charges | 65/66B | €24 | €1,037 | +€1,013 | +4220.8% |
| Recurring financial charges | 65 | €24 | €1,037 | +€1,013 | +4220.8% |
| Profit (loss) for the period before taxes | 9903 | €5,064 | €2,851 | -€2,213 | -43.7% |
| Income taxes | 67/77 | - | €3,746 | +€3,746 | |
| Profit (loss) for the period | 9904 | €5,064 | -€895 | -€5,959 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,064 | -€895 | -€5,959 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.