PMPro: 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.
PMPro
Largest movements
- Cash +€42,774
up €42,774 (+82.4%), from €51,913 to €94,687
mainly Other debts (+€46,231) and Depreciation (+€3,092)
- Receivables within one year +€3,380
up €3,380 (+9.3%), from €36,228 to €39,608
of which Other amounts receivable: +€4,464
- Tangible fixed assets -€3,092
down €3,092 (-39.1%), from €7,905 to €4,813
- Other debts +€46,231
up €46,231 (+427.4%), from €10,816 to €57,046
- Reserves -€2,992
down €2,992 (-1.9%), from €153,666 to €150,674
- Financial charges +€22,420
up €22,420 (+59.9%), from €37,444 to €59,864
- Gross operating margin +€6,031
up €6,031 (+12.0%), from €50,315 to €56,346
- Financial income +€4,671
up €4,671 (+329.3%), from €1,419 to €6,089
- Taxes -€3,208
down €3,208 (-57.6%), from €5,571 to €2,363
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 | €180,805 | €223,540 | +€42,735 | +23.6% |
| Fixed assets | 21/28 | €7,905 | €4,813 | -€3,092 | -39.1% |
| Tangible fixed assets | 22/27 | €7,905 | €4,813 | -€3,092 | -39.1% |
| Furniture and vehicles | 24 | €7,905 | €4,813 | -€3,092 | -39.1% |
| Current assets | 29/58 | €172,900 | €218,727 | +€45,827 | +26.5% |
| Amounts receivable within one year | 40/41 | €36,228 | €39,608 | +€3,380 | +9.3% |
| Trade receivables | 40 | €35,332 | €34,248 | -€1,084 | -3.1% |
| Other amounts receivable | 41 | €896 | €5,360 | +€4,464 | +498.1% |
| Current investments | 50/53 | €80,000 | €80,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €51,913 | €94,687 | +€42,774 | +82.4% |
| Deferred charges and accrued income | 490/1 | €4,759 | €4,433 | -€327 | -6.9% |
| Total equity and liabilities | 10/49 | €180,805 | €223,540 | +€42,735 | +23.6% |
| Equity | 10/15 | €166,066 | €163,074 | -€2,992 | -1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €153,666 | €150,674 | -€2,992 | -1.9% |
| Distributable reserves | 133 | €153,666 | €150,674 | -€2,992 | -1.9% |
| Amounts payable | 17/49 | €14,739 | €60,466 | +€45,727 | +310.2% |
| Amounts payable within one year | 42/48 | €14,739 | €60,466 | +€45,727 | +310.2% |
| Trade debts | 44 | €986 | €1,968 | +€982 | +99.6% |
| Suppliers | 440/4 | €986 | €1,968 | +€982 | +99.6% |
| Taxes, remuneration and social security | 45 | €2,938 | €1,452 | -€1,486 | -50.6% |
| Taxes | 450/3 | €2,938 | €1,452 | -€1,486 | -50.6% |
| Other amounts payable | 47/48 | €10,816 | €57,046 | +€46,231 | +427.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,260 | €3,092 | -€169 | -5.2% |
| Other operating charges | 640/8 | €108 | €108 | = | 0.0% |
| Gross operating margin | 9900 | €50,315 | €56,346 | +€6,031 | +12.0% |
| Operating profit (loss) | 9901 | €46,946 | €53,146 | +€6,200 | +13.2% |
| Financial income | 75/76B | €1,419 | €6,089 | +€4,671 | +329.3% |
| Recurring financial income | 75 | €1,419 | €6,089 | +€4,671 | +329.3% |
| Financial charges | 65/66B | €37,444 | €59,864 | +€22,420 | +59.9% |
| Recurring financial charges | 65 | €37,444 | €59,864 | +€22,420 | +59.9% |
| Profit (loss) for the period before taxes | 9903 | €10,921 | -€629 | -€11,550 | |
| Income taxes | 67/77 | €5,571 | €2,363 | -€3,208 | -57.6% |
| Profit (loss) for the period | 9904 | €5,350 | -€2,992 | -€8,342 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,350 | -€2,992 | -€8,342 |
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 8 October 2026 via checked.be.