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PBKINE: 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.

What changed

PBKINE

BE 0805.034.276
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€8,298
2023 · -€11,379+€19,677
Equity
-€581
2023 · -€8,879+€8,298
Cash
€21,381
2023 · €12,072+€9,309
Balance sheet total
€30,353
2023 · €21,156+€9,197

Largest movements

2023 to 2024
Assets
  • Cash +€9,309

    up €9,309 (+77.1%), from €12,072 to €21,381

    mainly Net result for the year (+€8,298) and Depreciation (+€4,127)

Equity and liabilities
  • Profit (loss) carried forward +€8,298

    up €8,298 (+72.9%), from -€11,379 to -€3,081

  • Tax, wage and social debts +€3,143

    up €3,143 (+5930.2%), from €53 to €3,196

    of which Taxes: +€2,566

  • Other debts -€1,854

    down €1,854 (-6.4%), from €28,841 to €26,987

  • Trade debts -€390

    down €390 (-34.2%), from €1,141 to €751

Income statement
  • Gross operating margin +€27,960

    up €27,960, from -€9,157 to €18,803

  • Depreciation +€3,041

    up €3,041 (+280.0%), from €1,086 to €4,127

  • Staff costs +€2,712

    up €2,712 (+538.1%), from €504 to €3,216

  • Taxes +€2,566

    up €2,566 (+4841.5%), from €53 to €2,619

  • Write-downs -€537

    no longer reported in 2024 (was €537)

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€11,379
Gross operating margin +€27,960
Staff costs -€2,712
Depreciation -€3,041
Write-downs +€537
Other operating charges -€491
Financial income +€3
Financial charges -€13
Taxes -€2,566
Result 2024 €8,298

Cash bridge derived

cash 2023 to 2024

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.

From operations +€13,265
Investment -€3,956
Financing €0
Cash 2023 €12,072
Net result for the year +€8,298
Depreciation +€4,127
Deferred charges and accrued income -€59
Trade debts -€390
Tax, wage and social debts +€3,143
Other debts -€1,854
Investment in fixed assets (net) -€3,956
Cash 2024 €21,381
Every line side by side 34 lines
Line Code 2023 2024 Change %
Total assets 20/58 €21,156 €30,353 +€9,197 +43.5%
Fixed assets 21/28 €8,914 €8,743 -€171 -1.9%
Tangible fixed assets 22/27 €8,914 €8,743 -€171 -1.9%
Plant, machinery and equipment 23 €5,550 €4,572 -€978 -17.6%
Furniture and vehicles 24 €3,364 €4,171 +€807 +24.0%
Current assets 29/58 €12,242 €21,610 +€9,368 +76.5%
Cash at bank and in hand 54/58 €12,072 €21,381 +€9,309 +77.1%
Deferred charges and accrued income 490/1 €170 €229 +€59 +34.7%
Total equity and liabilities 10/49 €21,156 €30,353 +€9,197 +43.5%
Equity 10/15 -€8,879 -€581 +€8,298 +93.5%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 -€11,379 -€3,081 +€8,298 +72.9%
Amounts payable 17/49 €30,035 €30,934 +€899 +3.0%
Amounts payable within one year 42/48 €30,035 €30,934 +€899 +3.0%
Trade debts 44 €1,141 €751 -€390 -34.2%
Suppliers 440/4 €1,141 €751 -€390 -34.2%
Taxes, remuneration and social security 45 €53 €3,196 +€3,143 +5930.2%
Taxes 450/3 €53 €2,619 +€2,566 +4841.5%
Remuneration and social security 454/9 - €577 +€577
Other amounts payable 47/48 €28,841 €26,987 -€1,854 -6.4%
Remuneration, social security and pensions 62 €504 €3,216 +€2,712 +538.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,086 €4,127 +€3,041 +280.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 €537 - -€537
Other operating charges 640/8 - €491 +€491
Gross operating margin 9900 -€9,157 €18,803 +€27,960
Operating profit (loss) 9901 -€11,284 €10,969 +€22,253
Financial income 75/76B - €3 +€3
Recurring financial income 75 - €3 +€3
Financial charges 65/66B €42 €55 +€13 +31.0%
Recurring financial charges 65 €42 €55 +€13 +31.0%
Profit (loss) for the period before taxes 9903 -€11,326 €10,917 +€22,243
Income taxes 67/77 €53 €2,619 +€2,566 +4841.5%
Profit (loss) for the period 9904 -€11,379 €8,298 +€19,677
Profit (loss) for the period to be appropriated 9905 -€11,379 €8,298 +€19,677

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.