P.E.B.: 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.
What changed
P.E.B.
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€102,614
2023 · €68,640+€33,973
Equity
€2.9m
2023 · €2.8m+€102,614
Cash
€374,734
2023 · €363,785+€10,949
Balance sheet total
€11.2m
2023 · €12.1m-€848,721
Largest movements
Assets
- Tangible fixed assets -€879,313
down €879,313 (-7.9%), from €11.1m to €10.3m
Equity and liabilities
- Debts after one year -€873,332
down €873,332 (-12.4%), from €7.0m to €6.2m
Income statement
- Gross operating margin +€219,259
up €219,259 (+18.5%), from €1.2m to €1.4m
- Provisions +€149,750
no longer reported in 2024 (was -€149,750)
- Taxes +€33,593
up €33,593 (+133.2%), from €25,219 to €58,812
- Financial income +€33,323
up €33,323 (+89.6%), from €37,185 to €70,508
- Financial charges +€26,283
up €26,283 (+8.7%), from €302,158 to €328,441
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.
Result 2023
€68,640
Gross operating margin
+€219,259
Depreciation
-€4,757
Provisions
-€149,750
Other operating charges
-€4,226
Financial income
+€33,323
Financial charges
-€26,283
Taxes
-€33,593
Result 2024
€102,614
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.
From operations
+€858,976
Investment
-€571
Financing
-€847,456
Cash 2023
€363,785
From operations (derived)
+€858,976
Net result for the year
+€102,614
Depreciation
+€879,884
Receivables within one year
-€19,643
Trade debts
-€101,045
Tax, wage and social debts
-€2,834
Investment (derived)
-€571
Investment in fixed assets (net)
-€571
Financing
-€847,456
Debts after one year
-€873,332
Short-term financial debts
+€25,877
Cash 2024
€374,734
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,053,886 | €11,205,166 | -€848,721 | -7.0% |
| Fixed assets | 21/28 | €11,147,002 | €10,267,689 | -€879,313 | -7.9% |
| Tangible fixed assets | 22/27 | €11,130,267 | €10,250,954 | -€879,313 | -7.9% |
| Land and buildings | 22 | €11,130,267 | €10,250,954 | -€879,313 | -7.9% |
| Financial fixed assets | 28 | €16,735 | €16,735 | = | 0.0% |
| Current assets | 29/58 | €906,885 | €937,477 | +€30,592 | +3.4% |
| Amounts receivable within one year | 40/41 | €543,100 | €562,743 | +€19,643 | +3.6% |
| Trade receivables | 40 | €483,100 | €483,100 | = | 0.0% |
| Other amounts receivable | 41 | €60,000 | €79,643 | +€19,643 | +32.7% |
| Cash at bank and in hand | 54/58 | €363,785 | €374,734 | +€10,949 | +3.0% |
| Total equity and liabilities | 10/49 | €12,053,886 | €11,205,166 | -€848,721 | -7.0% |
| Equity | 10/15 | €2,766,644 | €2,869,257 | +€102,614 | +3.7% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Outside capital | 11 | €90,000 | €90,000 | = | 0.0% |
| Other | 1109/19 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €1,738,763 | €1,738,763 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €1,729,763 | €1,729,763 | = | 0.0% |
| Profit (loss) carried forward | 14 | €937,880 | €1,040,494 | +€102,614 | +10.9% |
| Amounts payable | 17/49 | €9,287,243 | €8,335,908 | -€951,335 | -10.2% |
| Amounts payable after more than one year | 17 | €7,041,501 | €6,168,169 | -€873,332 | -12.4% |
| Financial debts | 170/4 | €7,041,501 | €6,168,169 | -€873,332 | -12.4% |
| Amounts payable within one year | 42/48 | €2,238,978 | €2,160,975 | -€78,002 | -3.5% |
| Financial debts | 43 | €867,725 | €893,602 | +€25,877 | +3.0% |
| Credit institutions | 430/8 | €867,725 | €893,602 | +€25,877 | +3.0% |
| Trade debts | 44 | €340,118 | €239,073 | -€101,045 | -29.7% |
| Suppliers | 440/4 | €340,118 | €239,073 | -€101,045 | -29.7% |
| Taxes, remuneration and social security | 45 | €71,434 | €68,600 | -€2,834 | -4.0% |
| Taxes | 450/3 | €71,434 | €68,600 | -€2,834 | -4.0% |
| Other amounts payable | 47/48 | €959,700 | €959,700 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,764 | €6,764 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €875,128 | €879,884 | +€4,757 | +0.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€149,750 | - | +€149,750 | |
| Other operating charges | 640/8 | €97,892 | €102,118 | +€4,226 | +4.3% |
| Gross operating margin | 9900 | €1,182,102 | €1,401,361 | +€219,259 | +18.5% |
| Operating profit (loss) | 9901 | €358,832 | €419,359 | +€60,527 | +16.9% |
| Financial income | 75/76B | €37,185 | €70,508 | +€33,323 | +89.6% |
| Recurring financial income | 75 | €37,185 | €70,508 | +€33,323 | +89.6% |
| Financial charges | 65/66B | €302,158 | €328,441 | +€26,283 | +8.7% |
| Recurring financial charges | 65 | €302,158 | €328,441 | +€26,283 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €93,860 | €161,426 | +€67,567 | +72.0% |
| Income taxes | 67/77 | €25,219 | €58,812 | +€33,593 | +133.2% |
| Profit (loss) for the period | 9904 | €68,640 | €102,614 | +€33,973 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,640 | €102,614 | +€33,973 | +49.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.