P & M GRAFIX: what changed
Two fiscal 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 & M GRAFIX
Largest movements
- Cash -€27,880
down €27,880 (-34.6%), from €80,682 to €52,802
mainly Net result for the year (-€34,296) and Receivables within one year (-€7,722)
- Receivables within one year +€7,722
up €7,722 (+35.2%), from €21,944 to €29,666
of which Trade receivables: +€11,589
- Tangible fixed assets -€5,399
down €5,399 (-5.4%), from €100,591 to €95,192
of which Land and buildings: -€4,969
- Deferred charges and accrued income -€3,447
down €3,447 (-67.2%), from €5,133 to €1,686
- Profit (loss) carried forward -€34,296
down €34,296 (-16.7%), from €204,763 to €170,467
- Tax, wage and social debts +€4,419
up €4,419 (+375.8%), from €1,176 to €5,596
of which Taxes: +€4,419
- Turnover -€43,729
down €43,729 (-50.2%), from €87,083 to €43,354
- Gross operating margin -€20,973
down €20,973 (-5325.9%), from -€394 to -€21,366
- Purchases and services -€7,629
down €7,629 (-8.6%), from €88,835 to €81,206
- Other operating charges +€979
up €979 (+40.6%), from €2,409 to €3,388
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.
Cash bridge derived
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 | €208,350 | €179,346 | -€29,004 | -13.9% |
| Fixed assets | 21/28 | €100,591 | €95,192 | -€5,399 | -5.4% |
| Tangible fixed assets | 22/27 | €100,591 | €95,192 | -€5,399 | -5.4% |
| Land and buildings | 22 | €99,527 | €94,558 | -€4,969 | -5.0% |
| Furniture and vehicles | 24 | €1,064 | €634 | -€429 | -40.4% |
| Current assets | 29/58 | €107,759 | €84,154 | -€23,606 | -21.9% |
| Amounts receivable within one year | 40/41 | €21,944 | €29,666 | +€7,722 | +35.2% |
| Trade receivables | 40 | €0 | €11,589 | +€11,589 | |
| Other amounts receivable | 41 | €21,944 | €18,076 | -€3,868 | -17.6% |
| Cash at bank and in hand | 54/58 | €80,682 | €52,802 | -€27,880 | -34.6% |
| Deferred charges and accrued income | 490/1 | €5,133 | €1,686 | -€3,447 | -67.2% |
| Total equity and liabilities | 10/49 | €208,350 | €179,346 | -€29,004 | -13.9% |
| Equity | 10/15 | €205,755 | €171,459 | -€34,296 | -16.7% |
| Contributions | 10/11 | €992 | €992 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,763 | €170,467 | -€34,296 | -16.7% |
| Amounts payable | 17/49 | €2,595 | €7,887 | +€5,292 | +203.9% |
| Amounts payable within one year | 42/48 | €2,595 | €7,887 | +€5,292 | +203.9% |
| Trade debts | 44 | €1,419 | €2,291 | +€872 | +61.5% |
| Suppliers | 440/4 | €1,419 | €2,291 | +€872 | +61.5% |
| Taxes, remuneration and social security | 45 | €1,176 | €5,596 | +€4,419 | +375.8% |
| Taxes | 450/3 | €1,176 | €5,596 | +€4,419 | +375.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Turnover | 70 | €87,083 | €43,354 | -€43,729 | -50.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €88,835 | €81,206 | -€7,629 | -8.6% |
| Remuneration, social security and pensions | 62 | €132 | - | -€132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,676 | €8,991 | +€315 | +3.6% |
| Other operating charges | 640/8 | €2,409 | €3,388 | +€979 | +40.6% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | -€394 | -€21,366 | -€20,973 | -5325.9% |
| Operating profit (loss) | 9901 | -€11,610 | -€33,745 | -€22,135 | -190.7% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €154 | €194 | +€41 | +26.4% |
| Recurring financial charges | 65 | €154 | €194 | +€41 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,764 | -€33,927 | -€22,163 | -188.4% |
| Income taxes | 67/77 | - | €369 | +€369 | |
| Profit (loss) for the period | 9904 | -€11,764 | -€34,296 | -€22,532 | -191.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,764 | -€34,296 | -€22,532 | -191.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.