PCP: 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.
PCP
Largest movements
- Cash +€24,459
up €24,459 (+20.4%), from €120,163 to €144,622
mainly Depreciation (+€17,788) and Net result for the year (+€3,857)
- Tangible fixed assets -€17,788
down €17,788 (-7.5%), from €237,037 to €219,249
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€6,167
up €6,167 (+33.0%), from €18,714 to €24,881
- Depreciation -€484
down €484 (-2.7%), from €18,272 to €17,788
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.
Cash bridge derived
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 | €485,690 | €492,361 | +€6,671 | +1.4% |
| Fixed assets | 21/28 | €239,513 | €221,725 | -€17,788 | -7.4% |
| Tangible fixed assets | 22/27 | €237,037 | €219,249 | -€17,788 | -7.5% |
| Land and buildings | 22 | €237,037 | €219,249 | -€17,788 | -7.5% |
| Financial fixed assets | 28 | €2,476 | €2,476 | = | 0.0% |
| Current assets | 29/58 | €246,176 | €270,636 | +€24,459 | +9.9% |
| Current investments | 50/53 | €126,013 | €126,014 | +€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €120,163 | €144,622 | +€24,459 | +20.4% |
| Total equity and liabilities | 10/49 | €485,690 | €492,361 | +€6,671 | +1.4% |
| Equity | 10/15 | -€20,218 | -€16,360 | +€3,857 | +19.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,179 | €2,179 | = | 0.0% |
| Distributable reserves | 133 | €2,179 | €2,179 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,597 | -€24,740 | +€3,857 | +13.5% |
| Amounts payable | 17/49 | €505,907 | €508,721 | +€2,814 | +0.6% |
| Amounts payable after more than one year | 17 | €505,669 | €508,352 | +€2,683 | +0.5% |
| Financial debts | 170/4 | €505,669 | €504,130 | -€1,539 | -0.3% |
| Other amounts payable | 178/9 | - | €4,222 | +€4,222 | |
| Amounts payable within one year | 42/48 | €238 | €369 | +€131 | +54.9% |
| Trade debts | 44 | €238 | €369 | +€131 | +54.9% |
| Suppliers | 440/4 | €238 | €369 | +€131 | +54.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,272 | €17,788 | -€484 | -2.7% |
| Other operating charges | 640/8 | €3,103 | €3,250 | +€147 | +4.8% |
| Gross operating margin | 9900 | €18,714 | €24,881 | +€6,167 | +33.0% |
| Operating profit (loss) | 9901 | -€2,661 | €3,842 | +€6,504 | |
| Financial income | 75/76B | €56 | €60 | +€4 | +7.8% |
| Recurring financial income | 75 | €56 | €60 | +€4 | +7.8% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,651 | €3,857 | +€6,508 | |
| Profit (loss) for the period | 9904 | -€2,651 | €3,857 | +€6,508 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,651 | €3,857 | +€6,508 |
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.