PMOTION: 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.
PMOTION
Largest movements
- Tangible fixed assets -€7,301
down €7,301 (-19.3%), from €37,761 to €30,460
of which Furniture and vehicles: -€9,985
- Cash -€6,567
down €6,567 (-11.4%), from €57,481 to €50,914
mainly Contributions, distributions and other (-€66,000) and Other debts (-€5,487)
- Receivables within one year +€4,848
up €4,848 (+56.0%), from €8,659 to €13,508
of which Trade receivables: +€5,538
- Other debts -€5,487
down €5,487 (-7.4%), from €74,509 to €69,022
- Trade debts -€3,762
down €3,762 (-56.0%), from €6,719 to €2,957
- Accrued charges and deferred income -€1,726
down €1,726 (-81.2%), from €2,126 to €400
- Tax, wage and social debts +€1,636
up €1,636 (+19.2%), from €8,515 to €10,150
- Gross operating margin -€5,575
down €5,575 (-5.5%), from €101,784 to €96,209
- Financial income -€2,013
down €2,013 (-100.0%), from €2,013 to €0
- Taxes -€1,593
down €1,593 (-8.3%), from €19,186 to €17,592
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 | €104,718 | €96,063 | -€8,655 | -8.3% |
| Fixed assets | 21/28 | €37,761 | €30,460 | -€7,301 | -19.3% |
| Tangible fixed assets | 22/27 | €37,761 | €30,460 | -€7,301 | -19.3% |
| Furniture and vehicles | 24 | €30,414 | €20,429 | -€9,985 | -32.8% |
| Other tangible fixed assets | 26 | €7,347 | €10,031 | +€2,684 | +36.5% |
| Current assets | 29/58 | €66,957 | €65,603 | -€1,354 | -2.0% |
| Amounts receivable within one year | 40/41 | €8,659 | €13,508 | +€4,848 | +56.0% |
| Trade receivables | 40 | €6,562 | €12,100 | +€5,538 | +84.4% |
| Other amounts receivable | 41 | €2,098 | €1,408 | -€690 | -32.9% |
| Cash at bank and in hand | 54/58 | €57,481 | €50,914 | -€6,567 | -11.4% |
| Deferred charges and accrued income | 490/1 | €817 | €1,181 | +€364 | +44.6% |
| Total equity and liabilities | 10/49 | €104,718 | €96,063 | -€8,655 | -8.3% |
| Equity | 10/15 | €12,850 | €13,535 | +€685 | +5.3% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €850 | €1,535 | +€685 | +80.6% |
| Distributable reserves | 133 | €850 | €1,535 | +€685 | +80.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €91,868 | €82,528 | -€9,340 | -10.2% |
| Amounts payable within one year | 42/48 | €89,743 | €82,129 | -€7,614 | -8.5% |
| Trade debts | 44 | €6,719 | €2,957 | -€3,762 | -56.0% |
| Suppliers | 440/4 | €6,719 | €2,957 | -€3,762 | -56.0% |
| Taxes, remuneration and social security | 45 | €8,515 | €10,150 | +€1,636 | +19.2% |
| Taxes | 450/3 | €8,515 | €10,150 | +€1,636 | +19.2% |
| Other amounts payable | 47/48 | €74,509 | €69,022 | -€5,487 | -7.4% |
| Accrued charges and deferred income | 492/3 | €2,126 | €400 | -€1,726 | -81.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,240 | €11,101 | -€139 | -1.2% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €101,784 | €96,209 | -€5,575 | -5.5% |
| Operating profit (loss) | 9901 | €90,016 | €84,564 | -€5,452 | -6.1% |
| Financial income | 75/76B | €2,013 | €0 | -€2,013 | -100.0% |
| Recurring financial income | 75 | €2,013 | €0 | -€2,013 | -100.0% |
| Financial charges | 65/66B | €89 | €287 | +€198 | +222.6% |
| Recurring financial charges | 65 | €89 | €287 | +€198 | +222.6% |
| Profit (loss) for the period before taxes | 9903 | €91,940 | €84,277 | -€7,663 | -8.3% |
| Income taxes | 67/77 | €19,186 | €17,592 | -€1,593 | -8.3% |
| Profit (loss) for the period | 9904 | €72,754 | €66,685 | -€6,069 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €72,754 | €66,685 | -€6,069 | -8.3% |
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.