P & G HOLDING: 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.
P & G HOLDING
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Short-term financial debts -€53,526
no longer reported in 2022 (was €53,526)
- Current portion of long-term debt +€50,968
new in 2022: €50,968
- Profit (loss) carried forward +€7,656
up €7,656, from -€5,295 to €2,361
- Accrued charges and deferred income -€4,742
down €4,742 (-7.4%), from €64,508 to €59,766
- Gross operating margin +€3,055
up €3,055 (+53.0%), from €5,766 to €8,821
- Staff costs -€348
down €348 (-50.1%), from €695 to €347
- Financial charges -€257
down €257 (-4.9%), from €5,286 to €5,029
of which Financial charges: -€190
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €186,341 | €186,249 | -€92 | 0.0% |
| Fixed assets | 21/28 | €186,244 | €186,244 | = | 0.0% |
| Tangible fixed assets | 22/27 | €186,244 | €186,244 | = | 0.0% |
| Land and buildings | 22 | €186,244 | €186,244 | = | 0.0% |
| Current assets | 29/58 | €97 | €5 | -€92 | -94.8% |
| Cash at bank and in hand | 54/58 | €97 | - | -€97 | |
| Deferred charges and accrued income | 490/1 | - | €5 | +€5 | |
| Total equity and liabilities | 10/49 | €186,341 | €186,249 | -€92 | 0.0% |
| Equity | 10/15 | €67,350 | €75,006 | +€7,656 | +11.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €10,645 | €10,645 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €4,445 | €4,445 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,295 | €2,361 | +€7,656 | |
| Amounts payable | 17/49 | €118,991 | €111,243 | -€7,748 | -6.5% |
| Amounts payable within one year | 42/48 | €54,483 | €51,477 | -€3,006 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | - | €50,968 | +€50,968 | |
| Financial debts | 43 | €53,526 | - | -€53,526 | |
| Credit institutions | 430/8 | €53,526 | - | -€53,526 | |
| Trade debts | 44 | €957 | €509 | -€448 | -46.8% |
| Suppliers | 440/4 | €957 | €509 | -€448 | -46.8% |
| Accrued charges and deferred income | 492/3 | €64,508 | €59,766 | -€4,742 | -7.4% |
| Remuneration, social security and pensions | 62 | €695 | €347 | -€348 | -50.1% |
| Other operating charges | 640/8 | €1,053 | €1,053 | = | 0.0% |
| Gross operating margin | 9900 | €5,766 | €8,821 | +€3,055 | +53.0% |
| Operating profit (loss) | 9901 | €4,018 | €7,421 | +€3,403 | +84.7% |
| Financial charges | 65/66B | €5,286 | €5,029 | -€257 | -4.9% |
| Recurring financial charges | 65 | €5,219 | €5,029 | -€190 | -3.6% |
| Non-recurring financial charges | 66B | €67 | - | -€67 | |
| Profit (loss) for the period before taxes | 9903 | -€1,268 | €2,392 | +€3,660 | |
| Income taxes | 67/77 | - | €31 | +€31 | |
| Profit (loss) for the period | 9904 | -€1,268 | €2,361 | +€3,629 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,268 | €2,361 | +€3,629 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.