PELICAN SERVICES: 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.
PELICAN SERVICES
Largest movements
- Receivables within one year +€166,642
up €166,642 (+607%), from €27,451 to €194,093
of which Other amounts receivable: +€140,727
- Cash +€8,845
up €8,845 (+42.8%), from €20,670 to €29,515
mainly Net result for the year (+€138,865) and Tax, wage and social debts (+€47,453)
- Profit (loss) carried forward +€138,865
up €138,865 (+400%), from €34,754 to €173,618
- Tax, wage and social debts +€47,453
up €47,453 (+1,566%), from €3,030 to €50,482
of which Taxes: +€45,718
- Trade debts -€4,130
down €4,130 (-38.1%), from €10,827 to €6,697
- Short-term financial debts -€3,826
no longer reported in 2024 (was €3,826)
- Current portion of long-term debt -€2,874
no longer reported in 2024 (was €2,874)
- Gross operating margin +€157,951
up €157,951 (+620%), from €25,464 to €183,415
- Taxes +€42,628
up €42,628 (+1,862%), from €2,290 to €44,918
- Financial income +€5,544
up €5,544 (+90,581%), from €6 to €5,550
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 | €73,371 | €248,858 | +€175,487 | +239% |
| Fixed assets | 21/28 | €250 | €250 | = | 0.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €73,121 | €248,608 | +€175,487 | +240% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Trade receivables | 290 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,451 | €194,093 | +€166,642 | +607% |
| Trade receivables | 40 | €4,995 | €30,911 | +€25,915 | +519% |
| Other amounts receivable | 41 | €22,455 | €163,182 | +€140,727 | +627% |
| Cash at bank and in hand | 54/58 | €20,670 | €29,515 | +€8,845 | +42.8% |
| Total equity and liabilities | 10/49 | €73,371 | €248,858 | +€175,487 | +239% |
| Equity | 10/15 | €42,814 | €181,678 | +€138,865 | +324% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,754 | €173,618 | +€138,865 | +400% |
| Amounts payable | 17/49 | €30,557 | €67,179 | +€36,622 | +120% |
| Amounts payable within one year | 42/48 | €30,557 | €67,179 | +€36,622 | +120% |
| Current portion of amounts payable after more than one year | 42 | €2,874 | - | -€2,874 | |
| Financial debts | 43 | €3,826 | - | -€3,826 | |
| Credit institutions | 430/8 | €3,826 | - | -€3,826 | |
| Trade debts | 44 | €10,827 | €6,697 | -€4,130 | -38.1% |
| Suppliers | 440/4 | €10,827 | €6,697 | -€4,130 | -38.1% |
| Taxes, remuneration and social security | 45 | €3,030 | €50,482 | +€47,453 | +1,566% |
| Taxes | 450/3 | €3,030 | €48,747 | +€45,718 | +1,509% |
| Remuneration and social security | 454/9 | - | €1,735 | +€1,735 | |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €147 | +€147 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,000 | +€1,000 | |
| Other operating charges | 640/8 | - | €240 | +€240 | |
| Gross operating margin | 9900 | €25,464 | €183,415 | +€157,951 | +620% |
| Operating profit (loss) | 9901 | €25,464 | €182,175 | +€156,711 | +615% |
| Financial income | 75/76B | €6 | €5,550 | +€5,544 | +90,581% |
| Recurring financial income | 75 | €6 | €5,550 | +€5,544 | +90,581% |
| Financial charges | 65/66B | €3,650 | €3,942 | +€292 | +8.0% |
| Recurring financial charges | 65 | €3,650 | €3,942 | +€292 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €21,820 | €183,782 | +€161,963 | +742% |
| Income taxes | 67/77 | €2,290 | €44,918 | +€42,628 | +1,862% |
| Profit (loss) for the period | 9904 | €19,530 | €138,865 | +€119,335 | +611% |
| Profit (loss) for the period to be appropriated | 9905 | €19,530 | €138,865 | +€119,335 | +611% |
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 21 October 2026 via checked.be.