PMOburo: 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.
PMOburo
Largest movements
- Tangible fixed assets -€11,129
down €11,129 (-19.0%), from €58,435 to €47,306
of which Furniture and vehicles: -€7,206
- Receivables within one year +€5,961
up €5,961 (+31.1%), from €19,177 to €25,138
of which Other amounts receivable: +€6,666
- Cash +€2,628
up €2,628 (+1,034%), from €254 to €2,882
mainly Depreciation (+€11,680) and Other debts (+€10,000)
- Profit (loss) carried forward -€11,350
down €11,350, from €1,020 to -€10,330
- Reserves -€10,000
down €10,000 (-30.0%), from €33,360 to €23,360
- Other debts +€10,000
new in 2025: €10,000
- Trade debts +€8,453
up €8,453 (+262%), from €3,227 to €11,681
- Short-term financial debts +€3,000
new in 2025: €3,000
- Gross operating margin -€24,570
down €24,570 (-29.7%), from €82,639 to €58,069
- Staff costs +€17,701
up €17,701 (+46.4%), from €38,182 to €55,883
- Taxes -€10,134
down €10,134 (-96.1%), from €10,546 to €413
- Depreciation -€1,962
down €1,962 (-14.4%), from €13,643 to €11,680
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 | €83,730 | €81,205 | -€2,525 | -3.0% |
| Fixed assets | 21/28 | €58,435 | €47,306 | -€11,129 | -19.0% |
| Tangible fixed assets | 22/27 | €58,435 | €47,306 | -€11,129 | -19.0% |
| Plant, machinery and equipment | 23 | €6,362 | €3,257 | -€3,106 | -48.8% |
| Furniture and vehicles | 24 | €48,680 | €41,473 | -€7,206 | -14.8% |
| Other tangible fixed assets | 26 | €3,393 | €2,576 | -€817 | -24.1% |
| Current assets | 29/58 | €25,295 | €33,899 | +€8,604 | +34.0% |
| Amounts receivable within one year | 40/41 | €19,177 | €25,138 | +€5,961 | +31.1% |
| Trade receivables | 40 | €4,034 | €3,329 | -€705 | -17.5% |
| Other amounts receivable | 41 | €15,143 | €21,809 | +€6,666 | +44.0% |
| Cash at bank and in hand | 54/58 | €254 | €2,882 | +€2,628 | +1,034% |
| Deferred charges and accrued income | 490/1 | €5,864 | €5,879 | +€15 | +0.3% |
| Total equity and liabilities | 10/49 | €83,730 | €81,205 | -€2,525 | -3.0% |
| Equity | 10/15 | €52,980 | €31,630 | -€21,350 | -40.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,360 | €23,360 | -€10,000 | -30.0% |
| Distributable reserves | 133 | €33,360 | €23,360 | -€10,000 | -30.0% |
| Profit (loss) carried forward | 14 | €1,020 | -€10,330 | -€11,350 | |
| Amounts payable | 17/49 | €30,750 | €49,575 | +€18,825 | +61.2% |
| Amounts payable within one year | 42/48 | €30,750 | €49,575 | +€18,825 | +61.2% |
| Financial debts | 43 | - | €3,000 | +€3,000 | |
| Credit institutions | 430/8 | - | €3,000 | +€3,000 | |
| Trade debts | 44 | €3,227 | €11,681 | +€8,453 | +262% |
| Suppliers | 440/4 | €3,227 | €11,681 | +€8,453 | +262% |
| Taxes, remuneration and social security | 45 | €27,523 | €24,895 | -€2,628 | -9.5% |
| Taxes | 450/3 | €18,488 | €15,876 | -€2,613 | -14.1% |
| Remuneration and social security | 454/9 | €9,034 | €9,019 | -€16 | -0.2% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €38,182 | €55,883 | +€17,701 | +46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,643 | €11,680 | -€1,962 | -14.4% |
| Other operating charges | 640/8 | €1,662 | €1,080 | -€582 | -35.0% |
| Gross operating margin | 9900 | €82,639 | €58,069 | -€24,570 | -29.7% |
| Operating profit (loss) | 9901 | €29,152 | -€10,574 | -€39,727 | |
| Financial income | 75/76B | €9 | €0 | -€8 | -98.9% |
| Recurring financial income | 75 | €9 | €0 | -€8 | -98.9% |
| Financial charges | 65/66B | €209 | €364 | +€154 | +73.6% |
| Recurring financial charges | 65 | €209 | €364 | +€154 | +73.6% |
| Profit (loss) for the period before taxes | 9903 | €28,951 | -€10,938 | -€39,889 | |
| Income taxes | 67/77 | €10,546 | €413 | -€10,134 | -96.1% |
| Profit (loss) for the period | 9904 | €18,405 | -€11,350 | -€29,755 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,405 | -€11,350 | -€29,755 |
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 13 October 2026 via checked.be.