PASCAL VREBOS: 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.
PASCAL VREBOS
Largest movements
- Receivables within one year -€8,010
down €8,010 (-9.7%), from €82,343 to €74,334
of which Trade receivables: -€18,375
- Profit (loss) carried forward -€29,138
down €29,138 (-12.9%), from €226,447 to €197,309
- Other debts +€17,450
new in 2022: €17,450
- Gross operating margin -€33,091
down €33,091, from €23,303 to -€9,788
- Depreciation -€9,144
down €9,144 (-90.9%), from €10,058 to €913
- Taxes -€2,244
down €2,244 (-88.5%), from €2,537 to €293
- Staff costs +€2,154
up €2,154 (+14.1%), from €15,297 to €17,451
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €248,711 | €237,561 | -€11,150 | -4.5% |
| Fixed assets | 21/28 | €2,537 | €1,624 | -€913 | -36.0% |
| Tangible fixed assets | 22/27 | €2,487 | €1,574 | -€913 | -36.7% |
| Furniture and vehicles | 24 | €2,487 | €1,574 | -€913 | -36.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €246,174 | €235,937 | -€10,237 | -4.2% |
| Amounts receivable within one year | 40/41 | €82,343 | €74,334 | -€8,010 | -9.7% |
| Trade receivables | 40 | €49,155 | €30,780 | -€18,375 | -37.4% |
| Other amounts receivable | 41 | €33,188 | €43,554 | +€10,365 | +31.2% |
| Current investments | 50/53 | €149,840 | €148,840 | -€1,000 | -0.7% |
| Cash at bank and in hand | 54/58 | €12,524 | €11,235 | -€1,289 | -10.3% |
| Deferred charges and accrued income | 490/1 | €1,466 | €1,528 | +€62 | +4.2% |
| Total equity and liabilities | 10/49 | €248,711 | €237,561 | -€11,150 | -4.5% |
| Equity | 10/15 | €246,898 | €217,760 | -€29,138 | -11.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,447 | €197,309 | -€29,138 | -12.9% |
| Amounts payable | 17/49 | €1,813 | €19,800 | +€17,987 | +992% |
| Amounts payable within one year | 42/48 | €1,813 | €19,800 | +€17,987 | +992% |
| Trade debts | 44 | €85 | €814 | +€729 | +859% |
| Suppliers | 440/4 | €85 | €814 | +€729 | +859% |
| Taxes, remuneration and social security | 45 | €1,728 | €1,536 | -€192 | -11.1% |
| Taxes | 450/3 | €1,728 | €1,536 | -€192 | -11.1% |
| Other amounts payable | 47/48 | - | €17,450 | +€17,450 | |
| Remuneration, social security and pensions | 62 | €15,297 | €17,451 | +€2,154 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,058 | €913 | -€9,144 | -90.9% |
| Other operating charges | 640/8 | €631 | €640 | +€9 | +1.4% |
| Gross operating margin | 9900 | €23,303 | -€9,788 | -€33,091 | |
| Operating profit (loss) | 9901 | -€2,683 | -€28,793 | -€26,110 | -973% |
| Financial income | 75/76B | €0 | €0 | -€0 | -82.4% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -82.4% |
| Financial charges | 65/66B | €52 | €52 | -€0 | -0.3% |
| Recurring financial charges | 65 | €52 | €52 | -€0 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,735 | -€28,845 | -€26,110 | -955% |
| Income taxes | 67/77 | €2,537 | €293 | -€2,244 | -88.5% |
| Profit (loss) for the period | 9904 | -€5,272 | -€29,138 | -€23,866 | -453% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,272 | -€29,138 | -€23,866 | -453% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.