P & P CONCEPT: 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 & P CONCEPT
Largest movements
- Tangible fixed assets -€34,298
down €34,298 (-26.3%), from €130,321 to €96,023
of which Furniture and vehicles: -€29,057
- Cash -€26,036
down €26,036 (-44.3%), from €58,786 to €32,750
mainly Net result for the year (-€60,141) and Trade debts (-€22,116)
- Receivables within one year -€9,298
down €9,298 (-50.1%), from €18,560 to €9,263
of which Other amounts receivable: -€6,487
- Stocks and contracts -€4,295
down €4,295 (-4.8%), from €89,670 to €85,375
- Profit (loss) carried forward -€60,141
down €60,141 (-170%), from -€35,463 to -€95,605
- Trade debts -€22,116
down €22,116 (-11.1%), from €199,495 to €177,379
- Other debts +€13,394
up €13,394 (+68.4%), from €19,568 to €32,962
- Debts after one year -€9,059
down €9,059 (-47.9%), from €18,913 to €9,854
- Tax, wage and social debts -€3,136
down €3,136 (-10.5%), from €29,980 to €26,844
of which Taxes: -€1,899
- Gross operating margin +€14,321
up €14,321 (+10.1%), from €141,657 to €155,978
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €308,289 | €231,787 | -€76,502 | -24.8% |
| Fixed assets | 21/28 | €135,884 | €101,586 | -€34,298 | -25.2% |
| Tangible fixed assets | 22/27 | €130,321 | €96,023 | -€34,298 | -26.3% |
| Land and buildings | 22 | €6,799 | €5,086 | -€1,713 | -25.2% |
| Plant, machinery and equipment | 23 | €24,163 | €20,635 | -€3,528 | -14.6% |
| Furniture and vehicles | 24 | €99,359 | €70,302 | -€29,057 | -29.2% |
| Financial fixed assets | 28 | €5,563 | €5,563 | = | 0.0% |
| Current assets | 29/58 | €172,405 | €130,201 | -€42,204 | -24.5% |
| Stocks and contracts in progress | 3 | €89,670 | €85,375 | -€4,295 | -4.8% |
| Stocks | 30/36 | €89,670 | €85,375 | -€4,295 | -4.8% |
| Amounts receivable within one year | 40/41 | €18,560 | €9,263 | -€9,298 | -50.1% |
| Trade receivables | 40 | €7,159 | €4,349 | -€2,810 | -39.3% |
| Other amounts receivable | 41 | €11,401 | €4,914 | -€6,487 | -56.9% |
| Cash at bank and in hand | 54/58 | €58,786 | €32,750 | -€26,036 | -44.3% |
| Deferred charges and accrued income | 490/1 | €5,388 | €2,813 | -€2,575 | -47.8% |
| Total equity and liabilities | 10/49 | €308,289 | €231,787 | -€76,502 | -24.8% |
| Equity | 10/15 | €27,176 | -€32,965 | -€60,141 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,439 | €56,439 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Tax-exempt reserves | 132 | €27,584 | €27,584 | = | 0.0% |
| Distributable reserves | 133 | €27,000 | €28,855 | +€1,855 | +6.9% |
| Profit (loss) carried forward | 14 | -€35,463 | -€95,605 | -€60,141 | -170% |
| Amounts payable | 17/49 | €281,113 | €264,752 | -€16,361 | -5.8% |
| Amounts payable after more than one year | 17 | €18,913 | €9,854 | -€9,059 | -47.9% |
| Financial debts | 170/4 | €18,913 | €9,854 | -€9,059 | -47.9% |
| Amounts payable within one year | 42/48 | €261,557 | €252,251 | -€9,307 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €12,514 | €15,065 | +€2,551 | +20.4% |
| Trade debts | 44 | €199,495 | €177,379 | -€22,116 | -11.1% |
| Suppliers | 440/4 | €199,495 | €177,379 | -€22,116 | -11.1% |
| Taxes, remuneration and social security | 45 | €29,980 | €26,844 | -€3,136 | -10.5% |
| Taxes | 450/3 | €6,360 | €4,460 | -€1,899 | -29.9% |
| Remuneration and social security | 454/9 | €23,621 | €22,384 | -€1,237 | -5.2% |
| Other amounts payable | 47/48 | €19,568 | €32,962 | +€13,394 | +68.4% |
| Accrued charges and deferred income | 492/3 | €643 | €2,648 | +€2,005 | +312% |
| Remuneration, social security and pensions | 62 | €165,274 | €165,220 | -€54 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,759 | €40,278 | -€481 | -1.2% |
| Other operating charges | 640/8 | €8,248 | €7,159 | -€1,089 | -13.2% |
| Gross operating margin | 9900 | €141,657 | €155,978 | +€14,321 | +10.1% |
| Operating profit (loss) | 9901 | -€72,624 | -€56,678 | +€15,946 | +22.0% |
| Financial income | 75/76B | €601 | €166 | -€435 | -72.4% |
| Recurring financial income | 75 | €601 | €166 | -€435 | -72.4% |
| Financial charges | 65/66B | €2,629 | €3,343 | +€714 | +27.2% |
| Recurring financial charges | 65 | €2,629 | €3,343 | +€714 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | -€74,652 | -€59,856 | +€14,796 | +19.8% |
| Income taxes | 67/77 | €304 | €286 | -€19 | -6.2% |
| Profit (loss) for the period | 9904 | -€74,956 | -€60,141 | +€14,815 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,956 | -€60,141 | +€14,815 | +19.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.