PDF GROUP: 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.
PDF GROUP
Largest movements
- Receivables within one year +€30,538
up €30,538 (+75.8%), from €40,278 to €70,816
of which Trade receivables: +€39,310
- Other debts -€27,074
down €27,074 (-98.0%), from €27,633 to €559
- Advances received +€24,688
new in 2024: €24,688
- Trade debts +€24,494
up €24,494 (+1289.8%), from €1,899 to €26,393
- Profit (loss) carried forward +€6,423
up €6,423 (+86.8%), from €7,403 to €13,826
- Tax, wage and social debts +€2,141
up €2,141 (+60.6%), from €3,535 to €5,676
- Taxes -€942
down €942 (-30.6%), from €3,083 to €2,141
- Other operating charges +€223
up €223 (+137.7%), from €162 to €385
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 | €40,470 | €71,142 | +€30,672 | +75.8% |
| Current assets | 29/58 | €40,470 | €71,142 | +€30,672 | +75.8% |
| Amounts receivable within one year | 40/41 | €40,278 | €70,816 | +€30,538 | +75.8% |
| Trade receivables | 40 | €31,052 | €70,362 | +€39,310 | +126.6% |
| Other amounts receivable | 41 | €9,226 | €454 | -€8,772 | -95.1% |
| Cash at bank and in hand | 54/58 | €192 | €326 | +€134 | +69.8% |
| Total equity and liabilities | 10/49 | €40,470 | €71,142 | +€30,672 | +75.8% |
| Equity | 10/15 | €7,403 | €13,826 | +€6,423 | +86.8% |
| Profit (loss) carried forward | 14 | €7,403 | €13,826 | +€6,423 | +86.8% |
| Amounts payable | 17/49 | €33,067 | €57,316 | +€24,249 | +73.3% |
| Amounts payable within one year | 42/48 | €33,067 | €57,316 | +€24,249 | +73.3% |
| Trade debts | 44 | €1,899 | €26,393 | +€24,494 | +1289.8% |
| Suppliers | 440/4 | €1,899 | €26,393 | +€24,494 | +1289.8% |
| Advances received on contracts in progress | 46 | - | €24,688 | +€24,688 | |
| Taxes, remuneration and social security | 45 | €3,535 | €5,676 | +€2,141 | +60.6% |
| Taxes | 450/3 | €3,535 | €5,676 | +€2,141 | +60.6% |
| Other amounts payable | 47/48 | €27,633 | €559 | -€27,074 | -98.0% |
| Other operating charges | 640/8 | €162 | €385 | +€223 | +137.7% |
| Gross operating margin | 9900 | €9,217 | €9,161 | -€56 | -0.6% |
| Operating profit (loss) | 9901 | €9,055 | €8,776 | -€279 | -3.1% |
| Financial charges | 65/66B | €126 | €212 | +€86 | +68.3% |
| Recurring financial charges | 65 | €126 | €44 | -€82 | -65.1% |
| Non-recurring financial charges | 66B | - | €168 | +€168 | |
| Profit (loss) for the period before taxes | 9903 | €8,929 | €8,564 | -€365 | -4.1% |
| Income taxes | 67/77 | €3,083 | €2,141 | -€942 | -30.6% |
| Profit (loss) for the period | 9904 | €5,846 | €6,423 | +€577 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,846 | €6,423 | +€577 | +9.9% |
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 9 October 2026 via checked.be.