PELAX: 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.
PELAX
Largest movements
- Stocks and contracts -€10,950
down €10,950 (-83.4%), from €13,135 to €2,185
- Cash +€4,370
up €4,370 (+27.4%), from €15,952 to €20,322
mainly Stocks and contracts (+€10,950) and Depreciation (+€1,306)
- Tangible fixed assets -€1,306
no longer reported in 2024 (was €1,306)
- Trade debts -€5,381
down €5,381 (-98.6%), from €5,455 to €74
- Profit (loss) carried forward -€2,570
down €2,570 (-45.2%), from €5,684 to €3,114
- Purchases and services -€226,775
no longer reported in 2024 (was €226,775)
- Turnover -€225,853
no longer reported in 2024 (was €225,853)
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 | €30,393 | €22,507 | -€7,886 | -25.9% |
| Fixed assets | 21/28 | €1,306 | - | -€1,306 | |
| Tangible fixed assets | 22/27 | €1,306 | - | -€1,306 | |
| Plant, machinery and equipment | 23 | €1,306 | - | -€1,306 | |
| Current assets | 29/58 | €29,087 | €22,507 | -€6,580 | -22.6% |
| Stocks and contracts in progress | 3 | €13,135 | €2,185 | -€10,950 | -83.4% |
| Stocks | 30/36 | €13,135 | €2,185 | -€10,950 | -83.4% |
| Cash at bank and in hand | 54/58 | €15,952 | €20,322 | +€4,370 | +27.4% |
| Total equity and liabilities | 10/49 | €30,393 | €22,507 | -€7,886 | -25.9% |
| Equity | 10/15 | €24,084 | €21,514 | -€2,570 | -10.7% |
| Contributions | 10/11 | €18,400 | €18,400 | = | 0.0% |
| Capital | 10 | €18,400 | - | -€18,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €200 | - | -€200 | |
| Profit (loss) carried forward | 14 | €5,684 | €3,114 | -€2,570 | -45.2% |
| Amounts payable | 17/49 | €6,309 | €993 | -€5,316 | -84.3% |
| Amounts payable within one year | 42/48 | €6,309 | €993 | -€5,316 | -84.3% |
| Trade debts | 44 | €5,455 | €74 | -€5,381 | -98.6% |
| Suppliers | 440/4 | €5,455 | €74 | -€5,381 | -98.6% |
| Taxes, remuneration and social security | 45 | €854 | €919 | +€65 | +7.6% |
| Taxes | 450/3 | €854 | €919 | +€65 | +7.6% |
| Turnover | 70 | €225,853 | - | -€225,853 | |
| Goods, raw materials, services and sundry goods | 60/61 | €226,775 | - | -€226,775 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,567 | €1,306 | -€261 | -16.7% |
| Other operating charges | 640/8 | €807 | €177 | -€630 | -78.1% |
| Gross operating margin | 9900 | -€922 | -€903 | +€19 | +2.1% |
| Operating profit (loss) | 9901 | -€3,296 | -€2,386 | +€911 | +27.6% |
| Financial charges | 65/66B | €311 | €184 | -€127 | -40.8% |
| Recurring financial charges | 65 | €311 | €184 | -€127 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,607 | -€2,570 | +€1,038 | +28.8% |
| Income taxes | 67/77 | €218 | - | -€218 | |
| Profit (loss) for the period | 9904 | -€3,826 | -€2,570 | +€1,256 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,826 | -€2,570 | +€1,256 | +32.8% |
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 29 September 2026 via checked.be.