PMP-001: 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.
PMP-001
Largest movements
- Receivables within one year -€10,100
down €10,100 (-33.8%), from €29,910 to €19,809
of which Trade receivables: -€6,844
- Cash +€4,573
up €4,573 (+14.5%), from €31,592 to €36,166
mainly Receivables within one year (+€10,100) and Net result for the year (+€4,346)
- Tax, wage and social debts -€10,976
down €10,976 (-90.7%), from €12,096 to €1,120
of which Taxes: -€8,942
- Reserves +€4,346
up €4,346 (+11.6%), from €37,496 to €41,842
- Other debts +€3,501
up €3,501 (+217%), from €1,611 to €5,111
- Current portion of long-term debt -€2,027
no longer reported in 2025 (was €2,027)
- Gross operating margin -€4,396
down €4,396 (-24.8%), from €17,708 to €13,311
- Other operating charges -€2,543
down €2,543 (-59.6%), from €4,266 to €1,723
- Taxes +€674
up €674 (+24.4%), from €2,759 to €3,433
- Financial charges -€256
down €256 (-10.6%), from €2,414 to €2,158
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 | €66,474 | €60,702 | -€5,772 | -8.7% |
| Fixed assets | 21/28 | €2,624 | €2,164 | -€459 | -17.5% |
| Tangible fixed assets | 22/27 | €2,624 | €1,964 | -€659 | -25.1% |
| Plant, machinery and equipment | 23 | - | €1,100 | +€1,100 | |
| Furniture and vehicles | 24 | €2,624 | €864 | -€1,759 | -67.1% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €63,850 | €58,538 | -€5,313 | -8.3% |
| Amounts receivable within one year | 40/41 | €29,910 | €19,809 | -€10,100 | -33.8% |
| Trade receivables | 40 | €26,653 | €19,809 | -€6,844 | -25.7% |
| Other amounts receivable | 41 | €3,257 | - | -€3,257 | |
| Cash at bank and in hand | 54/58 | €31,592 | €36,166 | +€4,573 | +14.5% |
| Deferred charges and accrued income | 490/1 | €2,348 | €2,563 | +€214 | +9.1% |
| Total equity and liabilities | 10/49 | €66,474 | €60,702 | -€5,772 | -8.7% |
| Equity | 10/15 | €49,896 | €54,242 | +€4,346 | +8.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €37,496 | €41,842 | +€4,346 | +11.6% |
| Distributable reserves | 133 | €37,496 | €41,842 | +€4,346 | +11.6% |
| Amounts payable | 17/49 | €16,578 | €6,460 | -€10,118 | -61.0% |
| Amounts payable within one year | 42/48 | €16,578 | €6,460 | -€10,118 | -61.0% |
| Current portion of amounts payable after more than one year | 42 | €2,027 | - | -€2,027 | |
| Trade debts | 44 | €844 | €228 | -€616 | -73.0% |
| Suppliers | 440/4 | €844 | €228 | -€616 | -73.0% |
| Taxes, remuneration and social security | 45 | €12,096 | €1,120 | -€10,976 | -90.7% |
| Taxes | 450/3 | €10,062 | €1,120 | -€8,942 | -88.9% |
| Remuneration and social security | 454/9 | €2,034 | - | -€2,034 | |
| Other amounts payable | 47/48 | €1,611 | €5,111 | +€3,501 | +217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,915 | €1,759 | -€155 | -8.1% |
| Other operating charges | 640/8 | €4,266 | €1,723 | -€2,543 | -59.6% |
| Gross operating margin | 9900 | €17,708 | €13,311 | -€4,396 | -24.8% |
| Operating profit (loss) | 9901 | €11,527 | €9,829 | -€1,698 | -14.7% |
| Financial income | 75/76B | €186 | €109 | -€77 | -41.5% |
| Recurring financial income | 75 | €186 | €109 | -€77 | -41.5% |
| Financial charges | 65/66B | €2,414 | €2,158 | -€256 | -10.6% |
| Recurring financial charges | 65 | €2,414 | €2,158 | -€256 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €9,298 | €7,779 | -€1,519 | -16.3% |
| Income taxes | 67/77 | €2,759 | €3,433 | +€674 | +24.4% |
| Profit (loss) for the period | 9904 | €6,539 | €4,346 | -€2,193 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,539 | €4,346 | -€2,193 | -33.5% |
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 17 October 2026 via checked.be.