P-LIEF: 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-LIEF
Largest movements
- Stocks and contracts -€10,031
down €10,031 (-28.4%), from €35,332 to €25,301
- Receivables within one year -€2,831
down €2,831 (-23.4%), from €12,114 to €9,283
- Cash +€2,133
new in 2023: €2,133
mainly Other debts (+€11,468) and Stocks and contracts (+€10,031)
- Tangible fixed assets -€1,000
down €1,000 (-33.3%), from €2,999 to €1,999
- Profit (loss) carried forward -€16,711
down €16,711 (-108%), from -€15,541 to -€32,252
- Other debts +€11,468
up €11,468 (+67.3%), from €17,050 to €28,518
- Trade debts -€3,560
down €3,560 (-55.3%), from €6,443 to €2,883
- Tax, wage and social debts -€2,811
down €2,811 (-11.7%), from €24,018 to €21,206
of which Taxes: -€2,349
- Gross operating margin -€18,286
down €18,286, from €3,587 to -€14,699
- Taxes +€941
no longer reported in 2023 (was -€941)
- Financial charges -€270
down €270 (-66.3%), from €407 to €137
- Other operating charges +€175
up €175 (+25.0%), from €700 to €875
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,430 | €40,815 | -€11,615 | -22.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,984 | €3,984 | -€1,000 | -20.1% |
| Tangible fixed assets | 22/27 | €2,999 | €1,999 | -€1,000 | -33.3% |
| Furniture and vehicles | 24 | €2,999 | €1,999 | -€1,000 | -33.3% |
| Financial fixed assets | 28 | €1,985 | €1,985 | = | 0.0% |
| Current assets | 29/58 | €47,446 | €36,832 | -€10,615 | -22.4% |
| Stocks and contracts in progress | 3 | €35,332 | €25,301 | -€10,031 | -28.4% |
| Stocks | 30/36 | €35,332 | €25,301 | -€10,031 | -28.4% |
| Amounts receivable within one year | 40/41 | €12,114 | €9,283 | -€2,831 | -23.4% |
| Other amounts receivable | 41 | €12,114 | €9,283 | -€2,831 | -23.4% |
| Cash at bank and in hand | 54/58 | - | €2,133 | +€2,133 | |
| Deferred charges and accrued income | 490/1 | - | €114 | +€114 | |
| Total equity and liabilities | 10/49 | €52,430 | €40,815 | -€11,615 | -22.2% |
| Equity | 10/15 | €4,920 | -€11,792 | -€16,711 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,541 | -€32,252 | -€16,711 | -108% |
| Amounts payable | 17/49 | €47,510 | €52,607 | +€5,097 | +10.7% |
| Amounts payable within one year | 42/48 | €47,510 | €52,607 | +€5,097 | +10.7% |
| Trade debts | 44 | €6,443 | €2,883 | -€3,560 | -55.3% |
| Suppliers | 440/4 | €6,443 | €2,883 | -€3,560 | -55.3% |
| Taxes, remuneration and social security | 45 | €24,018 | €21,206 | -€2,811 | -11.7% |
| Taxes | 450/3 | €11,555 | €9,206 | -€2,349 | -20.3% |
| Remuneration and social security | 454/9 | €12,462 | €12,000 | -€462 | -3.7% |
| Other amounts payable | 47/48 | €17,050 | €28,518 | +€11,468 | +67.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,000 | = | 0.0% |
| Other operating charges | 640/8 | €700 | €875 | +€175 | +25.0% |
| Gross operating margin | 9900 | €3,587 | -€14,699 | -€18,286 | |
| Operating profit (loss) | 9901 | €1,887 | -€16,574 | -€18,462 | |
| Financial charges | 65/66B | €407 | €137 | -€270 | -66.3% |
| Recurring financial charges | 65 | €407 | €137 | -€270 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | €1,480 | -€16,711 | -€18,191 | |
| Income taxes | 67/77 | -€941 | - | +€941 | |
| Profit (loss) for the period | 9904 | €2,421 | -€16,711 | -€19,132 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,421 | -€16,711 | -€19,132 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.