Pelikaancars: 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.
Pelikaancars
Largest movements
- Tangible fixed assets +€433,361
up €433,361 (+48.5%), from €893,586 to €1.3m
of which Furniture and vehicles: +€417,301
- Receivables within one year +€38,278
up €38,278 (+6.9%), from €552,789 to €591,067
of which Trade receivables: +€52,807
- Debts after one year +€287,050
up €287,050 (+105.2%), from €272,980 to €560,030
- Short-term financial debts +€91,796
up €91,796 (+359.5%), from €25,536 to €117,331
of which Credit institutions: +€85,266
- Trade debts +€72,491
up €72,491 (+22.0%), from €329,701 to €402,192
- Current portion of long-term debt +€59,767
up €59,767 (+25.1%), from €238,479 to €298,246
- Tax, wage and social debts -€50,135
down €50,135 (-24.0%), from €208,764 to €158,629
of which Remuneration and social security: -€38,753
- Gross operating margin -€300,225
down €300,225 (-18.1%), from €1.7m to €1.4m
- Staff costs -€142,628
down €142,628 (-12.6%), from €1.1m to €993,287
- Financial charges -€99,883
down €99,883 (-68.8%), from €145,249 to €45,367
- Depreciation +€48,977
up €48,977 (+29.4%), from €166,356 to €215,333
- Other operating charges +€30,584
up €30,584 (+51.4%), from €59,455 to €90,039
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 | €1,507,892 | €1,974,471 | +€466,579 | +30.9% |
| Fixed assets | 21/28 | €902,455 | €1,336,315 | +€433,861 | +48.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €893,586 | €1,326,947 | +€433,361 | +48.5% |
| Plant, machinery and equipment | 23 | €6,787 | €21,053 | +€14,267 | +210.2% |
| Furniture and vehicles | 24 | €830,061 | €1,247,362 | +€417,301 | +50.3% |
| Other tangible fixed assets | 26 | €56,738 | €58,531 | +€1,793 | +3.2% |
| Financial fixed assets | 28 | €8,869 | €9,369 | +€500 | +5.6% |
| Current assets | 29/58 | €605,437 | €638,156 | +€32,719 | +5.4% |
| Amounts receivable within one year | 40/41 | €552,789 | €591,067 | +€38,278 | +6.9% |
| Trade receivables | 40 | €414,101 | €466,908 | +€52,807 | +12.8% |
| Other amounts receivable | 41 | €138,688 | €124,158 | -€14,529 | -10.5% |
| Current investments | 50/53 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,474 | €16,604 | -€13,870 | -45.5% |
| Deferred charges and accrued income | 490/1 | €21,674 | €29,985 | +€8,311 | +38.3% |
| Total equity and liabilities | 10/49 | €1,507,892 | €1,974,471 | +€466,579 | +30.9% |
| Equity | 10/15 | €426,463 | €438,042 | +€11,579 | +2.7% |
| Contributions | 10/11 | €128,905 | €128,905 | = | 0.0% |
| Capital | 10 | €128,905 | €128,905 | = | 0.0% |
| Issued capital | 100 | €143,778 | €143,778 | = | 0.0% |
| Uncalled capital | 101 | €14,874 | €14,874 | = | 0.0% |
| Reserves | 13 | €297,559 | €309,138 | +€11,579 | +3.9% |
| Non-distributable reserves | 130/1 | €14,378 | €14,378 | = | 0.0% |
| Legal reserve | 130 | €14,378 | €14,378 | = | 0.0% |
| Distributable reserves | 133 | €283,181 | €294,760 | +€11,579 | +4.1% |
| Amounts payable | 17/49 | €1,081,429 | €1,536,429 | +€455,000 | +42.1% |
| Amounts payable after more than one year | 17 | €272,980 | €560,030 | +€287,050 | +105.2% |
| Financial debts | 170/4 | €272,980 | €560,030 | +€287,050 | +105.2% |
| Amounts payable within one year | 42/48 | €808,449 | €976,399 | +€167,950 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €238,479 | €298,246 | +€59,767 | +25.1% |
| Financial debts | 43 | €25,536 | €117,331 | +€91,796 | +359.5% |
| Credit institutions | 430/8 | €25,536 | €110,802 | +€85,266 | +333.9% |
| Other loans | 439 | - | €6,529 | +€6,529 | |
| Trade debts | 44 | €329,701 | €402,192 | +€72,491 | +22.0% |
| Suppliers | 440/4 | €329,701 | €402,192 | +€72,491 | +22.0% |
| Taxes, remuneration and social security | 45 | €208,764 | €158,629 | -€50,135 | -24.0% |
| Taxes | 450/3 | €49,269 | €37,886 | -€11,383 | -23.1% |
| Remuneration and social security | 454/9 | €159,495 | €120,742 | -€38,753 | -24.3% |
| Other amounts payable | 47/48 | €5,969 | €0 | -€5,969 | -100.0% |
| Non-recurring operating income | 76A | €116,875 | €167,568 | +€50,693 | +43.4% |
| Remuneration, social security and pensions | 62 | €1,135,914 | €993,287 | -€142,628 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166,356 | €215,333 | +€48,977 | +29.4% |
| Other operating charges | 640/8 | €59,455 | €90,039 | +€30,584 | +51.4% |
| Non-recurring operating charges | 66A | €0 | €1,600 | +€1,600 | |
| Gross operating margin | 9900 | €1,658,144 | €1,357,919 | -€300,225 | -18.1% |
| Operating profit (loss) | 9901 | €296,419 | €57,661 | -€238,758 | -80.5% |
| Financial income | 75/76B | €6,633 | €6,644 | +€12 | +0.2% |
| Recurring financial income | 75 | €6,633 | €6,644 | +€12 | +0.2% |
| Financial charges | 65/66B | €145,249 | €45,367 | -€99,883 | -68.8% |
| Recurring financial charges | 65 | €145,249 | €45,367 | -€99,883 | -68.8% |
| Profit (loss) for the period before taxes | 9903 | €157,802 | €18,938 | -€138,864 | -88.0% |
| Income taxes | 67/77 | €14,346 | €7,359 | -€6,986 | -48.7% |
| Profit (loss) for the period | 9904 | €143,457 | €11,579 | -€131,878 | -91.9% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €143,457 | €11,579 | -€131,878 | -91.9% |
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 2 October 2026 via checked.be.