PC STUFF: 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.
PC STUFF
Largest movements
- Receivables within one year -€64,908
down €64,908 (-38.7%), from €167,836 to €102,929
of which Other amounts receivable: -€59,812
- Cash +€13,598
up €13,598 (+171.4%), from €7,936 to €21,533
mainly Receivables within one year (+€64,908) and Other debts (+€39,601)
- Tangible fixed assets -€10,181
down €10,181 (-4.6%), from €221,811 to €211,631
of which Other tangible fixed assets: -€7,409
- Debts after one year -€72,998
down €72,998 (-27.3%), from €267,051 to €194,053
- Profit (loss) carried forward -€64,323
down €64,323 (-30.8%), from €208,952 to €144,629
- Other debts +€39,601
up €39,601 (+471.4%), from €8,402 to €48,003
- Tax, wage and social debts +€26,146
up €26,146 (+159.2%), from €16,425 to €42,571
of which Taxes: +€23,468
- Current portion of long-term debt +€24,801
up €24,801 (+84.2%), from €29,447 to €54,248
- Gross operating margin -€74,950
down €74,950 (-41.3%), from €181,338 to €106,388
- Staff costs -€16,844
down €16,844 (-10.3%), from €163,327 to €146,483
- Financial income -€7,777
no longer reported in 2023 (was €7,777)
- Depreciation -€7,268
down €7,268 (-41.7%), from €17,449 to €10,181
- Financial charges +€4,726
up €4,726 (+77.7%), from €6,080 to €10,806
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 | €836,023 | €771,830 | -€64,193 | -7.7% |
| Fixed assets | 21/28 | €221,811 | €211,631 | -€10,181 | -4.6% |
| Tangible fixed assets | 22/27 | €221,811 | €211,631 | -€10,181 | -4.6% |
| Plant, machinery and equipment | 23 | €1,246 | €836 | -€410 | -32.9% |
| Furniture and vehicles | 24 | €5,346 | €2,984 | -€2,362 | -44.2% |
| Other tangible fixed assets | 26 | €215,219 | €207,810 | -€7,409 | -3.4% |
| Current assets | 29/58 | €614,212 | €560,199 | -€54,013 | -8.8% |
| Stocks and contracts in progress | 3 | €432,070 | €432,070 | = | 0.0% |
| Stocks | 30/36 | €432,070 | €432,070 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €167,836 | €102,929 | -€64,908 | -38.7% |
| Trade receivables | 40 | €19,741 | €14,646 | -€5,095 | -25.8% |
| Other amounts receivable | 41 | €148,095 | €88,283 | -€59,812 | -40.4% |
| Cash at bank and in hand | 54/58 | €7,936 | €21,533 | +€13,598 | +171.4% |
| Deferred charges and accrued income | 490/1 | €6,370 | €3,667 | -€2,703 | -42.4% |
| Total equity and liabilities | 10/49 | €836,023 | €771,830 | -€64,193 | -7.7% |
| Equity | 10/15 | €407,440 | €343,117 | -€64,323 | -15.8% |
| Contributions | 10/11 | €183,500 | €183,500 | = | 0.0% |
| Reserves | 13 | €14,989 | €14,989 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,989 | €14,989 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,989 | €14,989 | = | 0.0% |
| Profit (loss) carried forward | 14 | €208,952 | €144,629 | -€64,323 | -30.8% |
| Amounts payable | 17/49 | €428,583 | €428,713 | +€129 | 0.0% |
| Amounts payable after more than one year | 17 | €267,051 | €194,053 | -€72,998 | -27.3% |
| Financial debts | 170/4 | €267,051 | €194,053 | -€72,998 | -27.3% |
| Amounts payable within one year | 42/48 | €161,533 | €231,361 | +€69,828 | +43.2% |
| Current portion of amounts payable after more than one year | 42 | €29,447 | €54,248 | +€24,801 | +84.2% |
| Financial debts | 43 | €39,960 | €39,544 | -€416 | -1.0% |
| Other loans | 439 | €39,960 | €39,544 | -€416 | -1.0% |
| Trade debts | 44 | €67,300 | €46,995 | -€20,304 | -30.2% |
| Suppliers | 440/4 | €67,300 | €46,995 | -€20,304 | -30.2% |
| Taxes, remuneration and social security | 45 | €16,425 | €42,571 | +€26,146 | +159.2% |
| Taxes | 450/3 | €154 | €23,623 | +€23,468 | +15194.8% |
| Remuneration and social security | 454/9 | €16,270 | €18,948 | +€2,678 | +16.5% |
| Other amounts payable | 47/48 | €8,402 | €48,003 | +€39,601 | +471.4% |
| Accrued charges and deferred income | 492/3 | - | €3,299 | +€3,299 | |
| Non-recurring operating income | 76A | - | €2,300 | +€2,300 | |
| Remuneration, social security and pensions | 62 | €163,327 | €146,483 | -€16,844 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,449 | €10,181 | -€7,268 | -41.7% |
| Other operating charges | 640/8 | €1,975 | €3,120 | +€1,146 | +58.0% |
| Gross operating margin | 9900 | €181,338 | €106,388 | -€74,950 | -41.3% |
| Operating profit (loss) | 9901 | -€1,412 | -€53,396 | -€51,984 | -3682.2% |
| Financial income | 75/76B | €7,777 | - | -€7,777 | |
| Recurring financial income | 75 | €7,777 | - | -€7,777 | |
| Financial charges | 65/66B | €6,080 | €10,806 | +€4,726 | +77.7% |
| Recurring financial charges | 65 | €6,080 | €10,806 | +€4,726 | +77.7% |
| Profit (loss) for the period before taxes | 9903 | €286 | -€64,202 | -€64,488 | |
| Income taxes | 67/77 | €207 | €121 | -€86 | -41.4% |
| Profit (loss) for the period | 9904 | €79 | -€64,323 | -€64,402 | |
| Profit (loss) for the period to be appropriated | 9905 | €79 | -€64,323 | -€64,402 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.