P²SOLUTIONS: 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.
P²SOLUTIONS
Largest movements
- Current assets -€148,370
down €148,370 (-42.1%), from €352,198 to €203,828
of which Cash: -€119,400
- Equity -€266,469
down €266,469 (-70.5%), from -€378,211 to -€644,680
of which Profit (loss) carried forward: -€266,469
- Debts within one year +€116,286
up €116,286 (+67.4%), from €172,455 to €288,741
of which Other debts: +€101,117
- Staff costs +€142,652
new in 2021: €142,652
- Gross operating margin -€68,923
down €68,923 (-135.9%), from -€50,712 to -€119,635
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €369,475 | €217,535 | -€151,939 | -41.1% |
| Fixed assets | 21/28 | €17,277 | €13,707 | -€3,569 | -20.7% |
| Tangible fixed assets | 22/27 | €14,727 | €11,157 | -€3,569 | -24.2% |
| Plant, machinery and equipment | 23 | - | €6,017 | +€6,017 | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Leasing and similar rights | 25 | - | €5,140 | +€5,140 | |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €352,198 | €203,828 | -€148,370 | -42.1% |
| Stocks and contracts in progress | 3 | €156,885 | €107,338 | -€49,547 | -31.6% |
| Stocks | 30/36 | - | €107,338 | +€107,338 | |
| Amounts receivable within one year | 40/41 | €36,222 | €56,907 | +€20,685 | +57.1% |
| Trade receivables | 40 | - | €32,464 | +€32,464 | |
| Other amounts receivable | 41 | - | €24,443 | +€24,443 | |
| Cash at bank and in hand | 54/58 | €158,459 | €39,058 | -€119,400 | -75.4% |
| Deferred charges and accrued income | 490/1 | - | €524 | +€524 | |
| Total equity and liabilities | 10/49 | €369,475 | €217,535 | -€151,939 | -41.1% |
| Equity | 10/15 | -€378,211 | -€644,680 | -€266,469 | -70.5% |
| Contributions | 10/11 | - | €160,000 | +€160,000 | |
| Profit (loss) carried forward | 14 | -€538,211 | -€804,680 | -€266,469 | -49.5% |
| Amounts payable | 17/49 | €747,686 | €862,216 | +€114,530 | +15.3% |
| Amounts payable after more than one year | 17 | €575,231 | €573,474 | -€1,757 | -0.3% |
| Financial debts | 170/4 | - | €573,474 | +€573,474 | |
| Amounts payable within one year | 42/48 | €172,455 | €288,741 | +€116,286 | +67.4% |
| Current portion of amounts payable after more than one year | 42 | - | €1,757 | +€1,757 | |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €34,749 | €56,258 | +€21,509 | +61.9% |
| Suppliers | 440/4 | - | €56,258 | +€56,258 | |
| Taxes, remuneration and social security | 45 | - | €29,610 | +€29,610 | |
| Taxes | 450/3 | - | €1,966 | +€1,966 | |
| Remuneration and social security | 454/9 | - | €27,644 | +€27,644 | |
| Other amounts payable | 47/48 | - | €101,117 | +€101,117 | |
| Remuneration, social security and pensions | 62 | - | €142,652 | +€142,652 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,618 | €3,569 | -€1,048 | -22.7% |
| Other operating charges | 640/8 | - | €0 | = | |
| Gross operating margin | 9900 | -€50,712 | -€119,635 | -€68,923 | -135.9% |
| Operating profit (loss) | 9901 | -€217,297 | -€265,856 | -€48,559 | -22.3% |
| Financial income | 75/76B | - | €269 | +€269 | |
| Recurring financial income | 75 | €448 | €269 | -€178 | -39.8% |
| Financial charges | 65/66B | - | €882 | +€882 | |
| Recurring financial charges | 65 | €16,630 | €882 | -€15,748 | -94.7% |
| Profit (loss) for the period before taxes | 9903 | -€233,480 | -€266,469 | -€32,989 | -14.1% |
| Income taxes | 67/77 | €1,003 | €0 | -€1,003 | -100.0% |
| Profit (loss) for the period | 9904 | -€234,483 | -€266,469 | -€31,986 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€234,483 | -€266,469 | -€31,986 | -13.6% |
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 10 October 2026 via checked.be.