Three PMT: 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.
Three PMT
Largest movements
- Receivables within one year -€643,940
down €643,940 (-99.4%), from €647,896 to €3,956
- Cash +€536,609
up €536,609 (+4377.8%), from €12,257 to €548,866
mainly Receivables within one year (+€643,940) and Depreciation (+€25,828)
- Tangible fixed assets -€25,828
down €25,828 (-3.1%), from €819,974 to €794,146
of which Land and buildings: -€25,566
- Debts after one year -€116,453
down €116,453 (-56.2%), from €207,229 to €90,776
- Reserves -€21,540
down €21,540 (-2.1%), from €1.0m to €985,293
- Gross operating margin -€173,691
down €173,691 (-85.7%), from €202,688 to €28,997
- Financial charges -€8,565
down €8,565 (-56.0%), from €15,283 to €6,718
- Financial income -€5,073
down €5,073 (-49.6%), from €10,221 to €5,147
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 | €2,103,064 | €1,963,816 | -€139,248 | -6.6% |
| Fixed assets | 21/28 | €819,974 | €794,146 | -€25,828 | -3.1% |
| Tangible fixed assets | 22/27 | €819,974 | €794,146 | -€25,828 | -3.1% |
| Land and buildings | 22 | €819,188 | €793,622 | -€25,566 | -3.1% |
| Plant, machinery and equipment | 23 | €786 | €524 | -€262 | -33.3% |
| Current assets | 29/58 | €1,283,090 | €1,169,670 | -€113,421 | -8.8% |
| Amounts receivable within one year | 40/41 | €647,896 | €3,956 | -€643,940 | -99.4% |
| Other amounts receivable | 41 | €647,896 | €3,956 | -€643,940 | -99.4% |
| Current investments | 50/53 | €612,946 | €612,946 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,257 | €548,866 | +€536,609 | +4377.8% |
| Deferred charges and accrued income | 490/1 | €9,990 | €3,901 | -€6,089 | -61.0% |
| Total equity and liabilities | 10/49 | €2,103,064 | €1,963,816 | -€139,248 | -6.6% |
| Equity | 10/15 | €1,495,389 | €1,473,849 | -€21,540 | -1.4% |
| Contributions | 10/11 | €488,556 | €488,556 | = | 0.0% |
| Reserves | 13 | €1,006,833 | €985,293 | -€21,540 | -2.1% |
| Distributable reserves | 133 | €1,006,833 | €985,293 | -€21,540 | -2.1% |
| Amounts payable | 17/49 | €607,675 | €489,967 | -€117,708 | -19.4% |
| Amounts payable after more than one year | 17 | €207,229 | €90,776 | -€116,453 | -56.2% |
| Financial debts | 170/4 | €207,229 | €90,776 | -€116,453 | -56.2% |
| Amounts payable within one year | 42/48 | €397,803 | €399,191 | +€1,388 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €116,453 | €116,453 | = | 0.0% |
| Trade debts | 44 | €286 | €1,354 | +€1,068 | +373.4% |
| Suppliers | 440/4 | €286 | €1,354 | +€1,068 | +373.4% |
| Other amounts payable | 47/48 | €281,064 | €281,384 | +€320 | +0.1% |
| Accrued charges and deferred income | 492/3 | €2,643 | €0 | -€2,643 | -100.0% |
| Non-recurring operating income | 76A | €178,046 | €0 | -€178,046 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,198 | €25,828 | +€630 | +2.5% |
| Other operating charges | 640/8 | €5,484 | €6,090 | +€606 | +11.1% |
| Non-recurring operating charges | 66A | - | €17,049 | +€17,049 | |
| Gross operating margin | 9900 | €202,688 | €28,997 | -€173,691 | -85.7% |
| Operating profit (loss) | 9901 | €172,006 | -€19,970 | -€191,976 | |
| Financial income | 75/76B | €10,221 | €5,147 | -€5,073 | -49.6% |
| Recurring financial income | 75 | €10,221 | €5,147 | -€5,073 | -49.6% |
| Financial charges | 65/66B | €15,283 | €6,718 | -€8,565 | -56.0% |
| Recurring financial charges | 65 | €15,283 | €6,718 | -€8,565 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | €166,944 | -€21,540 | -€188,484 | |
| Profit (loss) for the period | 9904 | €166,944 | -€21,540 | -€188,484 | |
| Profit (loss) for the period to be appropriated | 9905 | €166,944 | -€21,540 | -€188,484 |
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 6 October 2026 via checked.be.