GROUP-PDA: 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.
GROUP-PDA
Largest movements
- Cash -€8,262
down €8,262 (-27.4%), from €30,178 to €21,916
mainly Investment in fixed assets (net) (-€30,345) and Trade debts (-€24,758)
- Receivables within one year -€6,343
down €6,343 (-78.9%), from €8,041 to €1,699
of which Other amounts receivable: -€3,719
- Tangible fixed assets -€5,964
down €5,964 (-4.1%), from €143,790 to €137,826
- Trade debts -€24,758
down €24,758 (-89.8%), from €27,566 to €2,807
- Profit (loss) carried forward +€2,406
up €2,406, from -€1,340 to €1,066
- Gross operating margin +€12,594
up €12,594 (+47.7%), from €26,382 to €38,977
- Depreciation +€6,947
up €6,947 (+23.4%), from €29,627 to €36,575
- Financial income -€2,051
down €2,051 (-73.4%), from €2,793 to €742
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,762 | €162,935 | -€20,827 | -11.3% |
| Formation expenses | 20 | €1,027 | €761 | -€267 | -26.0% |
| Fixed assets | 21/28 | €143,790 | €137,826 | -€5,964 | -4.1% |
| Tangible fixed assets | 22/27 | €143,790 | €137,826 | -€5,964 | -4.1% |
| Plant, machinery and equipment | 23 | €143,790 | €137,826 | -€5,964 | -4.1% |
| Current assets | 29/58 | €38,945 | €24,348 | -€14,597 | -37.5% |
| Amounts receivable within one year | 40/41 | €8,041 | €1,699 | -€6,343 | -78.9% |
| Trade receivables | 40 | €4,110 | €1,487 | -€2,623 | -63.8% |
| Other amounts receivable | 41 | €3,931 | €212 | -€3,719 | -94.6% |
| Cash at bank and in hand | 54/58 | €30,178 | €21,916 | -€8,262 | -27.4% |
| Deferred charges and accrued income | 490/1 | €726 | €733 | +€8 | +1.0% |
| Total equity and liabilities | 10/49 | €183,762 | €162,935 | -€20,827 | -11.3% |
| Equity | 10/15 | €98,660 | €101,193 | +€2,533 | +2.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | - | €127 | +€127 | |
| Non-distributable reserves | 130/1 | - | €127 | +€127 | |
| Legal reserve | 130 | - | €127 | +€127 | |
| Profit (loss) carried forward | 14 | -€1,340 | €1,066 | +€2,406 | |
| Amounts payable | 17/49 | €85,102 | €61,742 | -€23,360 | -27.4% |
| Amounts payable within one year | 42/48 | €85,102 | €61,742 | -€23,360 | -27.4% |
| Trade debts | 44 | €27,566 | €2,807 | -€24,758 | -89.8% |
| Suppliers | 440/4 | €27,566 | €2,807 | -€24,758 | -89.8% |
| Taxes, remuneration and social security | 45 | - | €1,398 | +€1,398 | |
| Taxes | 450/3 | - | €1,398 | +€1,398 | |
| Other amounts payable | 47/48 | €57,537 | €57,537 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,627 | €36,575 | +€6,947 | +23.4% |
| Other operating charges | 640/8 | €844 | €513 | -€331 | -39.2% |
| Gross operating margin | 9900 | €26,382 | €38,977 | +€12,594 | +47.7% |
| Operating profit (loss) | 9901 | -€4,089 | €1,889 | +€5,978 | |
| Financial income | 75/76B | €2,793 | €742 | -€2,051 | -73.4% |
| Recurring financial income | 75 | €2,793 | €742 | -€2,051 | -73.4% |
| Financial charges | 65/66B | €44 | €98 | +€54 | +123.9% |
| Recurring financial charges | 65 | €44 | €98 | +€54 | +123.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,340 | €2,533 | +€3,873 | |
| Profit (loss) for the period | 9904 | -€1,340 | €2,533 | +€3,873 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,340 | €2,533 | +€3,873 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.