PEGI: 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.
PEGI
Largest movements
- Receivables within one year +€120,850
up €120,850 (+5.1%), from €2.4m to €2.5m
of which Trade receivables: +€75,110
- Current investments +€35,372
up €35,372 (+167%), from €21,218 to €56,590
- Other debts +€244,595
up €244,595 (+18.0%), from €1.4m to €1.6m
- Trade debts -€109,323
down €109,323 (-19.1%), from €573,872 to €464,548
- Gross operating margin -€47,189
down €47,189 (-9.8%), from €480,023 to €432,834
- Financial income -€44,981
down €44,981 (-92.6%), from €48,593 to €3,612
- Financial charges -€33,535
down €33,535 (-60.3%), from €55,647 to €22,113
- Staff costs +€14,161
up €14,161 (+4.3%), from €325,987 to €340,147
- Depreciation -€13,516
down €13,516 (-24.8%), from €54,411 to €40,896
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 | €2,509,224 | €2,648,864 | +€139,641 | +5.6% |
| Fixed assets | 21/28 | €70,310 | €53,327 | -€16,983 | -24.2% |
| Intangible fixed assets | 21 | €70,082 | €53,099 | -€16,983 | -24.2% |
| Financial fixed assets | 28 | €228 | €228 | = | 0.0% |
| Current assets | 29/58 | €2,438,914 | €2,595,537 | +€156,623 | +6.4% |
| Amounts receivable within one year | 40/41 | €2,365,013 | €2,485,863 | +€120,850 | +5.1% |
| Trade receivables | 40 | €2,343,825 | €2,418,935 | +€75,110 | +3.2% |
| Other amounts receivable | 41 | €21,188 | €66,928 | +€45,740 | +216% |
| Current investments | 50/53 | €21,218 | €56,590 | +€35,372 | +167% |
| Cash at bank and in hand | 54/58 | €52,643 | €51,163 | -€1,480 | -2.8% |
| Deferred charges and accrued income | 490/1 | €40 | €1,922 | +€1,882 | +4,678% |
| Total equity and liabilities | 10/49 | €2,509,224 | €2,648,864 | +€139,641 | +5.6% |
| Equity | 10/15 | €521,352 | €544,933 | +€23,580 | +4.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €453,702 | €477,283 | +€23,580 | +5.2% |
| Amounts payable | 17/49 | €1,987,871 | €2,103,932 | +€116,060 | +5.8% |
| Amounts payable within one year | 42/48 | €1,985,859 | €2,102,101 | +€116,242 | +5.9% |
| Trade debts | 44 | €573,872 | €464,548 | -€109,323 | -19.1% |
| Suppliers | 440/4 | €573,872 | €464,548 | -€109,323 | -19.1% |
| Taxes, remuneration and social security | 45 | €50,864 | €31,834 | -€19,029 | -37.4% |
| Taxes | 450/3 | €26,395 | €0 | -€26,395 | -100% |
| Remuneration and social security | 454/9 | €24,468 | €31,834 | +€7,366 | +30.1% |
| Other amounts payable | 47/48 | €1,361,124 | €1,605,719 | +€244,595 | +18.0% |
| Accrued charges and deferred income | 492/3 | €2,012 | €1,830 | -€182 | -9.0% |
| Remuneration, social security and pensions | 62 | €325,987 | €340,147 | +€14,161 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,411 | €40,896 | -€13,516 | -24.8% |
| Other operating charges | 640/8 | €868 | €960 | +€92 | +10.6% |
| Gross operating margin | 9900 | €480,023 | €432,834 | -€47,189 | -9.8% |
| Operating profit (loss) | 9901 | €98,757 | €50,831 | -€47,926 | -48.5% |
| Financial income | 75/76B | €48,593 | €3,612 | -€44,981 | -92.6% |
| Recurring financial income | 75 | €48,593 | €3,612 | -€44,981 | -92.6% |
| Financial charges | 65/66B | €55,647 | €22,113 | -€33,535 | -60.3% |
| Recurring financial charges | 65 | €55,647 | €22,113 | -€33,535 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | €91,703 | €32,330 | -€59,372 | -64.7% |
| Income taxes | 67/77 | €11,395 | €8,750 | -€2,645 | -23.2% |
| Profit (loss) for the period | 9904 | €80,307 | €23,580 | -€56,727 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,307 | €23,580 | -€56,727 | -70.6% |
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 24 October 2026 via checked.be.