P&J Service: what changed
P&J Service
Largest movements
- Receivables within one year +€20,921
up €20,921 (+30.5%), from €68,644 to €89,565
of which Other amounts receivable: +€29,453
- Tangible fixed assets -€5,512
no longer reported in 2022 (was €5,512)
- Cash +€5,158
up €5,158 (+14.7%), from €35,024 to €40,182
mainly Net result for the year (+€24,140) and Investment in fixed assets (net) (+€5,512)
- Reserves +€24,139
up €24,139 (+61.5%), from €39,223 to €63,362
of which Distributable reserves: +€24,139
- Tax, wage and social debts -€2,279
down €2,279 (-23.8%), from €9,569 to €7,290
of which Remuneration and social security: -€9,569
- Trade debts -€1,427
down €1,427 (-24.3%), from €5,863 to €4,436
- Gross operating margin -€6,341
down €6,341 (-7.7%), from €82,434 to €76,093
- Depreciation -€4,878
no longer reported in 2022 (was €4,878)
- Taxes -€4,121
down €4,121 (-34.2%), from €12,061 to €7,940
- Staff costs +€3,347
up €3,347 (+8.0%), from €41,600 to €44,947
- Financial income +€2,610
up €2,610 (+143,421%), from €2 to €2,612
Change in the result, 2021 to 2022
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2021 and 2022 balance sheets and the 2022 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,015 | €130,449 | +€20,434 | +18.6% |
| Fixed assets | 21/28 | €5,512 | - | -€5,512 | |
| Tangible fixed assets | 22/27 | €5,512 | - | -€5,512 | |
| Furniture and vehicles | 24 | €5,512 | - | -€5,512 | |
| Current assets | 29/58 | €104,503 | €130,449 | +€25,946 | +24.8% |
| Stocks and contracts in progress | 3 | €226 | - | -€226 | |
| Stocks | 30/36 | €226 | - | -€226 | |
| Amounts receivable within one year | 40/41 | €68,644 | €89,565 | +€20,921 | +30.5% |
| Trade receivables | 40 | €16,427 | €7,895 | -€8,532 | -51.9% |
| Other amounts receivable | 41 | €52,217 | €81,670 | +€29,453 | +56.4% |
| Cash at bank and in hand | 54/58 | €35,024 | €40,182 | +€5,158 | +14.7% |
| Deferred charges and accrued income | 490/1 | €609 | €702 | +€93 | +15.2% |
| Total equity and liabilities | 10/49 | €110,015 | €130,449 | +€20,434 | +18.6% |
| Equity | 10/15 | €94,583 | €118,722 | +€24,139 | +25.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,223 | €63,362 | +€24,139 | +61.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €37,363 | €61,502 | +€24,139 | +64.6% |
| Profit (loss) carried forward | 14 | €49,160 | €49,160 | -€0 | 0.0% |
| Amounts payable | 17/49 | €15,432 | €11,727 | -€3,705 | -24.0% |
| Amounts payable within one year | 42/48 | €15,432 | €11,727 | -€3,705 | -24.0% |
| Trade debts | 44 | €5,863 | €4,436 | -€1,427 | -24.3% |
| Suppliers | 440/4 | €5,863 | €4,436 | -€1,427 | -24.3% |
| Taxes, remuneration and social security | 45 | €9,569 | €7,290 | -€2,279 | -23.8% |
| Taxes | 450/3 | - | €7,290 | +€7,290 | |
| Remuneration and social security | 454/9 | €9,569 | - | -€9,569 | |
| Non-recurring operating income | 76A | €8,678 | €8,778 | +€101 | +1.2% |
| Remuneration, social security and pensions | 62 | €41,600 | €44,947 | +€3,347 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,878 | - | -€4,878 | |
| Other operating charges | 640/8 | €1,363 | €1,223 | -€139 | -10.2% |
| Gross operating margin | 9900 | €82,434 | €76,093 | -€6,341 | -7.7% |
| Operating profit (loss) | 9901 | €34,595 | €29,923 | -€4,671 | -13.5% |
| Financial income | 75/76B | €2 | €2,612 | +€2,610 | +143,421% |
| Recurring financial income | 75 | €2 | €2,612 | +€2,610 | +143,421% |
| Financial charges | 65/66B | €171 | €455 | +€284 | +166% |
| Recurring financial charges | 65 | €171 | €455 | +€284 | +166% |
| Profit (loss) for the period before taxes | 9903 | €34,425 | €32,080 | -€2,345 | -6.8% |
| Income taxes | 67/77 | €12,061 | €7,940 | -€4,121 | -34.2% |
| Profit (loss) for the period | 9904 | €22,364 | €24,140 | +€1,776 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,364 | €24,140 | +€1,776 | +7.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.