PEGAZ MINDFUL 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.
PEGAZ MINDFUL MANAGEMENT
Largest movements
- Receivables within one year +€30,228
up €30,228 (+98.8%), from €30,584 to €60,812
of which Trade receivables: +€25,244
- Intangible fixed assets -€24,394
down €24,394 (-36.0%), from €67,787 to €43,394
- Cash -€4,408
down €4,408 (-12.5%), from €35,277 to €30,869
mainly Receivables within one year (-€30,228) and Net result for the year (-€28,294)
- Tangible fixed assets -€1,803
down €1,803 (-36.6%), from €4,931 to €3,128
of which Furniture and vehicles: -€1,572
- Trade debts +€33,863
up €33,863 (+377%), from €8,986 to €42,848
of which Bills of exchange payable: +€20,796
- Profit (loss) carried forward -€28,294
down €28,294 (-78.4%), from -€36,095 to -€64,389
- Debts after one year -€6,701
down €6,701 (-7.9%), from €84,655 to €77,954
- Short-term financial debts -€2,828
down €2,828 (-72.4%), from €3,905 to €1,078
- Tax, wage and social debts +€2,425
up €2,425 (+34.7%), from €6,986 to €9,411
of which Remuneration and social security: +€2,108
- Gross operating margin -€31,300
down €31,300 (-58.5%), from €53,534 to €22,233
- Staff costs -€4,213
down €4,213 (-20.8%), from €20,271 to €16,058
- Taxes -€1,820
down €1,820 (-80.4%), from €2,263 to €443
- Other operating charges +€758
up €758 (+100.0%), from €758 to €1,516
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.
Derived cash bridge
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 | €143,695 | €144,230 | +€535 | +0.4% |
| Fixed assets | 21/28 | €72,718 | €46,522 | -€26,196 | -36.0% |
| Intangible fixed assets | 21 | €67,787 | €43,394 | -€24,394 | -36.0% |
| Tangible fixed assets | 22/27 | €4,931 | €3,128 | -€1,803 | -36.6% |
| Plant, machinery and equipment | 23 | €1,111 | €881 | -€231 | -20.8% |
| Furniture and vehicles | 24 | €3,819 | €2,248 | -€1,572 | -41.2% |
| Current assets | 29/58 | €70,977 | €97,708 | +€26,731 | +37.7% |
| Amounts receivable within one year | 40/41 | €30,584 | €60,812 | +€30,228 | +98.8% |
| Trade receivables | 40 | €30,584 | €55,829 | +€25,244 | +82.5% |
| Other amounts receivable | 41 | - | €4,983 | +€4,983 | |
| Cash at bank and in hand | 54/58 | €35,277 | €30,869 | -€4,408 | -12.5% |
| Deferred charges and accrued income | 490/1 | €5,117 | €6,028 | +€911 | +17.8% |
| Total equity and liabilities | 10/49 | €143,695 | €144,230 | +€535 | +0.4% |
| Equity | 10/15 | €38,991 | €10,697 | -€28,294 | -72.6% |
| Contributions | 10/11 | €72,300 | €72,300 | = | 0.0% |
| Reserves | 13 | €2,786 | €2,786 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,786 | €2,786 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,786 | €2,786 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,095 | -€64,389 | -€28,294 | -78.4% |
| Amounts payable | 17/49 | €104,705 | €133,534 | +€28,829 | +27.5% |
| Amounts payable after more than one year | 17 | €84,655 | €77,954 | -€6,701 | -7.9% |
| Financial debts | 170/4 | €84,655 | €77,954 | -€6,701 | -7.9% |
| Amounts payable within one year | 42/48 | €20,050 | €55,580 | +€35,530 | +177% |
| Financial debts | 43 | €3,905 | €1,078 | -€2,828 | -72.4% |
| Credit institutions | 430/8 | €3,905 | €1,078 | -€2,828 | -72.4% |
| Trade debts | 44 | €8,986 | €42,848 | +€33,863 | +377% |
| Suppliers | 440/4 | €8,986 | €22,053 | +€13,067 | +145% |
| Bills of exchange payable | 441 | - | €20,796 | +€20,796 | |
| Taxes, remuneration and social security | 45 | €6,986 | €9,411 | +€2,425 | +34.7% |
| Taxes | 450/3 | €6,342 | €6,659 | +€317 | +5.0% |
| Remuneration and social security | 454/9 | €644 | €2,752 | +€2,108 | +327% |
| Other amounts payable | 47/48 | €173 | €2,243 | +€2,070 | +1,195% |
| Remuneration, social security and pensions | 62 | €20,271 | €16,058 | -€4,213 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,220 | €31,196 | -€24 | -0.1% |
| Other operating charges | 640/8 | €758 | €1,516 | +€758 | +100.0% |
| Gross operating margin | 9900 | €53,534 | €22,233 | -€31,300 | -58.5% |
| Operating profit (loss) | 9901 | €1,285 | -€26,537 | -€27,822 | |
| Financial income | 75/76B | €36 | - | -€36 | |
| Recurring financial income | 75 | €36 | - | -€36 | |
| Financial charges | 65/66B | €1,575 | €1,314 | -€261 | -16.6% |
| Recurring financial charges | 65 | €1,575 | €1,314 | -€261 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€254 | -€27,851 | -€27,597 | -10,871% |
| Income taxes | 67/77 | €2,263 | €443 | -€1,820 | -80.4% |
| Profit (loss) for the period | 9904 | -€2,517 | -€28,294 | -€25,777 | -1,024% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,517 | -€28,294 | -€25,777 | -1,024% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.