PRODUCT ENGINEERING & MANAGEMENT SOLUTIONS: 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.
PRODUCT ENGINEERING & MANAGEMENT SOLUTIONS
Largest movements
- Receivables after one year +€78,000
new in 2025: €78,000
- Cash -€24,827
down €24,827 (-28.9%), from €85,940 to €61,112
mainly Receivables after one year (-€78,000) and Contributions, distributions and other (-€17,095)
- Tangible fixed assets +€4,022
up €4,022 (+173%), from €2,318 to €6,340
- Reserves +€36,945
up €36,945 (+61.5%), from €60,097 to €97,041
of which Distributable reserves: +€36,945
- Tax, wage and social debts +€21,207
up €21,207 (+1,979%), from €1,071 to €22,278
- Other debts -€5,142
down €5,142 (-23.8%), from €21,606 to €16,464
- Trade debts +€3,068
up €3,068 (+5,305%), from €58 to €3,126
- Gross operating margin +€75,369
up €75,369 (+813%), from €9,276 to €84,645
- Taxes +€26,642
up €26,642 (+2,487%), from €1,071 to €27,713
- Depreciation -€5,337
down €5,337 (-72.2%), from €7,394 to €2,057
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 | €89,379 | €145,457 | +€56,078 | +62.7% |
| Fixed assets | 21/28 | €2,318 | €6,340 | +€4,022 | +173% |
| Tangible fixed assets | 22/27 | €2,318 | €6,340 | +€4,022 | +173% |
| Furniture and vehicles | 24 | €2,318 | €6,340 | +€4,022 | +173% |
| Current assets | 29/58 | €87,061 | €139,117 | +€52,057 | +59.8% |
| Amounts receivable after more than one year | 29 | - | €78,000 | +€78,000 | |
| Other amounts receivable | 291 | - | €78,000 | +€78,000 | |
| Amounts receivable within one year | 40/41 | €1,121 | €5 | -€1,116 | -99.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,121 | €5 | -€1,116 | -99.6% |
| Cash at bank and in hand | 54/58 | €85,940 | €61,112 | -€24,827 | -28.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €89,379 | €145,457 | +€56,078 | +62.7% |
| Equity | 10/15 | €66,644 | €103,589 | +€36,945 | +55.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,097 | €97,041 | +€36,945 | +61.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €58,237 | €95,181 | +€36,945 | +63.4% |
| Profit (loss) carried forward | 14 | €347 | €347 | = | 0.0% |
| Amounts payable | 17/49 | €22,735 | €41,868 | +€19,133 | +84.2% |
| Amounts payable within one year | 42/48 | €22,735 | €41,868 | +€19,133 | +84.2% |
| Trade debts | 44 | €58 | €3,126 | +€3,068 | +5,305% |
| Suppliers | 440/4 | €58 | €3,126 | +€3,068 | +5,305% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,071 | €22,278 | +€21,207 | +1,979% |
| Taxes | 450/3 | €1,071 | €22,278 | +€21,207 | +1,979% |
| Other amounts payable | 47/48 | €21,606 | €16,464 | -€5,142 | -23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,394 | €2,057 | -€5,337 | -72.2% |
| Other operating charges | 640/8 | €311 | €556 | +€246 | +79.2% |
| Gross operating margin | 9900 | €9,276 | €84,645 | +€75,369 | +813% |
| Operating profit (loss) | 9901 | €1,571 | €82,032 | +€80,460 | +5,120% |
| Financial charges | 65/66B | €153 | €279 | +€126 | +82.9% |
| Recurring financial charges | 65 | €153 | €279 | +€126 | +82.9% |
| Profit (loss) for the period before taxes | 9903 | €1,419 | €81,753 | +€80,334 | +5,662% |
| Income taxes | 67/77 | €1,071 | €27,713 | +€26,642 | +2,487% |
| Profit (loss) for the period | 9904 | €347 | €54,040 | +€53,693 | +15,457% |
| Profit (loss) for the period to be appropriated | 9905 | €347 | €54,040 | +€53,693 | +15,457% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.