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P.E.D. Belgium: 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.

What changed

P.E.D. Belgium

BE 0787.998.405
NACE 46.190, Agents in non-specialised wholesale trade
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€413
2023 · -€31,773+€31,360
Equity
-€18,775
2023 · -€18,362-€413
Cash
€4
2023 · €741-€737
Balance sheet total
€52,454
2023 · €52,169+€285

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€1,022

    up €1,022 (+2.0%), from €51,428 to €52,450

    of which Trade receivables: +€2,450

  • Cash -€737

    down €737 (-99.4%), from €741 to €4

    mainly Trade debts (-€2,935) and Receivables within one year (-€1,022)

Equity and liabilities
  • Other debts +€3,633

    up €3,633 (+5.4%), from €66,990 to €70,623

  • Trade debts -€2,935

    down €2,935 (-82.9%), from €3,541 to €606

Income statement
  • Gross operating margin +€31,591

    up €31,591 (+99.9%), from -€31,615 to -€24

From the 2023 result to the 2024 result

effect on the 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 -€31,773
Gross operating margin +€31,591
Other operating charges -€11
Financial charges -€220
Result 2024 -€413
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

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 -€737
Investment €0
Financing €0
Cash 2023 €741
Net result for the year -€413
Receivables within one year -€1,022
Trade debts -€2,935
Other debts +€3,633
Cash 2024 €4
brings cash intakes cash out
Every line side by side 23 lines
Line Code 2023 2024 Change %
Total assets 20/58 €52,169 €52,454 +€285 +0.5%
Current assets 29/58 €52,169 €52,454 +€285 +0.5%
Amounts receivable within one year 40/41 €51,428 €52,450 +€1,022 +2.0%
Trade receivables 40 €50,000 €52,450 +€2,450 +4.9%
Other amounts receivable 41 €1,428 - -€1,428
Cash at bank and in hand 54/58 €741 €4 -€737 -99.4%
Total equity and liabilities 10/49 €52,169 €52,454 +€285 +0.5%
Equity 10/15 -€18,362 -€18,775 -€413 -2.2%
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 -€38,362 -€38,775 -€413 -1.1%
Amounts payable 17/49 €70,531 €71,229 +€698 +1.0%
Amounts payable within one year 42/48 €70,531 €71,229 +€698 +1.0%
Trade debts 44 €3,541 €606 -€2,935 -82.9%
Suppliers 440/4 €3,541 €606 -€2,935 -82.9%
Other amounts payable 47/48 €66,990 €70,623 +€3,633 +5.4%
Other operating charges 640/8 €115 €126 +€11 +9.6%
Gross operating margin 9900 -€31,615 -€24 +€31,591 +99.9%
Operating profit (loss) 9901 -€31,730 -€150 +€31,580 +99.5%
Financial charges 65/66B €43 €263 +€220 +514%
Recurring financial charges 65 €43 €263 +€220 +514%
Profit (loss) for the period before taxes 9903 -€31,773 -€413 +€31,360 +98.7%
Profit (loss) for the period 9904 -€31,773 -€413 +€31,360 +98.7%
Profit (loss) for the period to be appropriated 9905 -€31,773 -€413 +€31,360 +98.7%

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 20 October 2026 via checked.be.