PYMALCO Management: 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.
"PYMALCO Management"
Largest movements
- Cash +€95,962
up €95,962 (+92.5%), from €103,756 to €199,718
mainly Net result for the year (+€92,474) and Depreciation (+€15,909)
- Receivables within one year +€16,424
up €16,424 (+82.3%), from €19,965 to €36,389
- Tangible fixed assets -€15,909
down €15,909 (-29.2%), from €54,482 to €38,573
- Reserves +€92,474
up €92,474 (+129%), from €71,593 to €164,067
- Tax, wage and social debts +€4,121
up €4,121 (+13.7%), from €30,089 to €34,209
- Trade debts +€3,980
up €3,980 (+713%), from €558 to €4,538
- Gross operating margin +€28,501
up €28,501 (+27.1%), from €105,250 to €133,752
- Depreciation +€6,756
up €6,756 (+73.8%), from €9,153 to €15,909
- Taxes +€5,689
up €5,689 (+30.8%), from €18,487 to €24,176
- Other operating charges -€4,945
down €4,945 (-83.0%), from €5,958 to €1,013
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 | €178,203 | €274,680 | +€96,478 | +54.1% |
| Fixed assets | 21/28 | €54,482 | €38,573 | -€15,909 | -29.2% |
| Tangible fixed assets | 22/27 | €54,482 | €38,573 | -€15,909 | -29.2% |
| Furniture and vehicles | 24 | €54,482 | €38,573 | -€15,909 | -29.2% |
| Current assets | 29/58 | €123,721 | €236,107 | +€112,386 | +90.8% |
| Amounts receivable within one year | 40/41 | €19,965 | €36,389 | +€16,424 | +82.3% |
| Trade receivables | 40 | €19,965 | €36,389 | +€16,424 | +82.3% |
| Cash at bank and in hand | 54/58 | €103,756 | €199,718 | +€95,962 | +92.5% |
| Total equity and liabilities | 10/49 | €178,203 | €274,680 | +€96,478 | +54.1% |
| Equity | 10/15 | €73,593 | €166,067 | +€92,474 | +126% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €71,593 | €164,067 | +€92,474 | +129% |
| Distributable reserves | 133 | €71,593 | €164,067 | +€92,474 | +129% |
| Amounts payable | 17/49 | €104,610 | €108,613 | +€4,003 | +3.8% |
| Amounts payable within one year | 42/48 | €104,610 | €108,613 | +€4,003 | +3.8% |
| Financial debts | 43 | €2,894 | €1,035 | -€1,859 | -64.2% |
| Credit institutions | 430/8 | €2,894 | €1,035 | -€1,859 | -64.2% |
| Trade debts | 44 | €558 | €4,538 | +€3,980 | +713% |
| Suppliers | 440/4 | €558 | €4,538 | +€3,980 | +713% |
| Taxes, remuneration and social security | 45 | €30,089 | €34,209 | +€4,121 | +13.7% |
| Taxes | 450/3 | €30,089 | €34,209 | +€4,121 | +13.7% |
| Other amounts payable | 47/48 | €71,069 | €68,831 | -€2,238 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,153 | €15,909 | +€6,756 | +73.8% |
| Other operating charges | 640/8 | €5,958 | €1,013 | -€4,945 | -83.0% |
| Gross operating margin | 9900 | €105,250 | €133,752 | +€28,501 | +27.1% |
| Operating profit (loss) | 9901 | €90,140 | €116,830 | +€26,690 | +29.6% |
| Financial charges | 65/66B | €60 | €180 | +€120 | +199% |
| Recurring financial charges | 65 | €60 | €180 | +€120 | +199% |
| Profit (loss) for the period before taxes | 9903 | €90,080 | €116,650 | +€26,570 | +29.5% |
| Income taxes | 67/77 | €18,487 | €24,176 | +€5,689 | +30.8% |
| Profit (loss) for the period | 9904 | €71,593 | €92,474 | +€20,881 | +29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €71,593 | €92,474 | +€20,881 | +29.2% |
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 28 October 2026 via checked.be.