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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.

What changed

PCP

BE 0465.801.126
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€3,857
2023 · -€2,651+€6,508
Equity
-€16,360
2023 · -€20,218+€3,857
Cash
€144,622
2023 · €120,163+€24,459
Balance sheet total
€492,361
2023 · €485,690+€6,671

Largest movements

2023 to 2024
Assets
  • 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

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • 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

    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 -€2,651
    Gross operating margin +€6,167
    Depreciation +€484
    Other operating charges -€147
    Financial income +€4
    Result 2024 €3,857

    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 +€21,776
    Investment -€1
    Financing +€2,683
    Cash 2023 €120,163
    Net result for the year +€3,857
    Depreciation +€17,788
    Trade debts +€131
    Current investments -€1
    Debts after one year +€2,683
    Cash 2024 €144,622
    Every line side by side 32 lines
    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.