PCRL MANAGEMENT: 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.
PCRL MANAGEMENT
Largest movements
- Cash -€31,979
down €31,979 (-81.4%), from €39,275 to €7,296
mainly Net result for the year (-€19,262) and Receivables within one year (-€16,518)
- Receivables within one year +€16,518
up €16,518 (+10.8%), from €153,483 to €170,001
- Tangible fixed assets -€2,047
down €2,047 (-43.6%), from €4,693 to €2,646
of which Furniture and vehicles: -€1,375
- Reserves -€19,262
down €19,262 (-10.4%), from €184,570 to €165,307
of which Distributable reserves: -€19,262
- Financial income -€41,337
no longer reported in 2024 (was €41,337)
- Other operating charges -€7,264
no longer reported in 2024 (was €7,264)
- Gross operating margin +€4,975
up €4,975 (+23.1%), from -€21,516 to -€16,540
- Financial charges -€785
down €785 (-53.8%), from €1,460 to €675
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.
Derived cash bridge
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 | €197,450 | €179,943 | -€17,507 | -8.9% |
| Fixed assets | 21/28 | €4,693 | €2,646 | -€2,047 | -43.6% |
| Tangible fixed assets | 22/27 | €4,693 | €2,646 | -€2,047 | -43.6% |
| Plant, machinery and equipment | 23 | €1,335 | €664 | -€671 | -50.3% |
| Furniture and vehicles | 24 | €3,357 | €1,982 | -€1,375 | -41.0% |
| Current assets | 29/58 | €192,757 | €177,297 | -€15,461 | -8.0% |
| Amounts receivable within one year | 40/41 | €153,483 | €170,001 | +€16,518 | +10.8% |
| Other amounts receivable | 41 | €153,483 | €170,001 | +€16,518 | +10.8% |
| Cash at bank and in hand | 54/58 | €39,275 | €7,296 | -€31,979 | -81.4% |
| Total equity and liabilities | 10/49 | €197,450 | €179,943 | -€17,507 | -8.9% |
| Equity | 10/15 | €196,970 | €177,707 | -€19,262 | -9.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €184,570 | €165,307 | -€19,262 | -10.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €182,710 | €163,447 | -€19,262 | -10.5% |
| Amounts payable | 17/49 | €481 | €2,235 | +€1,755 | +365% |
| Amounts payable within one year | 42/48 | €481 | €2,235 | +€1,755 | +365% |
| Trade debts | 44 | €201 | €1,956 | +€1,755 | +874% |
| Suppliers | 440/4 | €201 | €1,956 | +€1,755 | +874% |
| Taxes, remuneration and social security | 45 | €280 | €280 | = | 0.0% |
| Taxes | 450/3 | €280 | €280 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,047 | €2,047 | = | 0.0% |
| Other operating charges | 640/8 | €7,264 | - | -€7,264 | |
| Gross operating margin | 9900 | -€21,516 | -€16,540 | +€4,975 | +23.1% |
| Operating profit (loss) | 9901 | -€30,826 | -€18,587 | +€12,239 | +39.7% |
| Financial income | 75/76B | €41,337 | - | -€41,337 | |
| Recurring financial income | 75 | €41,337 | - | -€41,337 | |
| Financial charges | 65/66B | €1,460 | €675 | -€785 | -53.8% |
| Recurring financial charges | 65 | €1,460 | €675 | -€785 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €9,051 | -€19,262 | -€28,313 | |
| Income taxes | 67/77 | €89 | - | -€89 | |
| Profit (loss) for the period | 9904 | €8,961 | -€19,262 | -€28,224 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,961 | -€19,262 | -€28,224 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.