p-h.be: 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-h.be
Largest movements
- Receivables within one year -€63,656
down €63,656 (-59.3%), from €107,277 to €43,621
- Tangible fixed assets -€1,264
down €1,264 (-100%), from €1,264 to €0
- Debts within one year -€58,830
down €58,830 (-39.4%), from €149,459 to €90,629
of which Trade debts: -€59,248
- Equity -€6,090
down €6,090 (-13.6%), from -€44,918 to -€51,008
of which Profit (loss) carried forward: -€6,090
- Purchases and services +€7,346
new in 2021: €7,346
- Gross operating margin -€4,038
down €4,038, from €0 to -€4,038
- Depreciation -€500
no longer reported in 2021 (was €500)
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,541 | €43,621 | -€64,919 | -59.8% |
| Fixed assets | 21/28 | €1,264 | €0 | -€1,264 | -100% |
| Tangible fixed assets | 22/27 | €1,264 | €0 | -€1,264 | -100% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Leasing and similar rights | 25 | - | €0 | = | |
| Current assets | 29/58 | €107,277 | €43,621 | -€63,656 | -59.3% |
| Amounts receivable within one year | 40/41 | €107,277 | €43,621 | -€63,656 | -59.3% |
| Trade receivables | 40 | - | €42,845 | +€42,845 | |
| Other amounts receivable | 41 | - | €776 | +€776 | |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €108,541 | €43,621 | -€64,919 | -59.8% |
| Equity | 10/15 | -€44,918 | -€51,008 | -€6,090 | -13.6% |
| Contributions | 10/11 | - | €6,300 | +€6,300 | |
| Profit (loss) carried forward | 14 | -€51,218 | -€57,308 | -€6,090 | -11.9% |
| Provisions and deferred taxes | 16 | €4,000 | €4,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | - | €4,000 | +€4,000 | |
| Environmental obligations | 163 | - | €4,000 | +€4,000 | |
| Amounts payable | 17/49 | €149,459 | €90,629 | -€58,830 | -39.4% |
| Amounts payable within one year | 42/48 | €149,459 | €90,629 | -€58,830 | -39.4% |
| Trade debts | 44 | €69,560 | €10,312 | -€59,248 | -85.2% |
| Suppliers | 440/4 | - | €10,312 | +€10,312 | |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | - | €13,959 | +€13,959 | |
| Taxes | 450/3 | - | €13,959 | +€13,959 | |
| Other amounts payable | 47/48 | - | €66,358 | +€66,358 | |
| Non-recurring operating income | 76A | - | €2,048 | +€2,048 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €7,346 | +€7,346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | - | -€500 | |
| Non-recurring operating charges | 66A | - | €2,058 | +€2,058 | |
| Gross operating margin | 9900 | €0 | -€4,038 | -€4,038 | |
| Operating profit (loss) | 9901 | -€500 | -€6,096 | -€5,596 | -1,119% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | €7 | €8 | +€1 | +8.9% |
| Recurring financial charges | 65 | €4 | - | -€4 | |
| Profit (loss) for the period before taxes | 9903 | -€497 | -€6,089 | -€5,592 | -1,126% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€497 | -€6,090 | -€5,593 | -1,126% |
| Profit (loss) for the period to be appropriated | 9905 | -€497 | -€6,090 | -€5,593 | -1,126% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.