PELIKAN: 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.
PELIKAN
Largest movements
- Receivables within one year +€32,731
up €32,731 (+132%), from €24,735 to €57,466
of which Other amounts receivable: +€32,731
- Stocks and contracts +€2,000
up €2,000 (+44.9%), from €4,450 to €6,450
- Tangible fixed assets -€1,417
no longer reported in 2023 (was €1,417)
of which Furniture and vehicles: -€971
- Profit (loss) carried forward +€19,018
up €19,018 (+172%), from €11,060 to €30,078
- Tax, wage and social debts +€12,226
up €12,226 (+544%), from €2,248 to €14,474
- Trade debts +€1,645
up €1,645 (+18.7%), from €8,786 to €10,431
- Gross operating margin +€7,260
up €7,260 (+156%), from €4,665 to €11,925
- Taxes +€1,908
up €1,908 (+516%), from €370 to €2,278
- Depreciation -€1,031
no longer reported in 2023 (was €1,031)
- Other operating charges -€745
down €745 (-43.5%), from €1,713 to €967
- Financial charges +€190
up €190 (+261%), from €73 to €263
From the 2021 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,694 | €73,583 | +€32,889 | +80.8% |
| Fixed assets | 21/28 | €1,417 | - | -€1,417 | |
| Tangible fixed assets | 22/27 | €1,417 | - | -€1,417 | |
| Plant, machinery and equipment | 23 | €446 | - | -€446 | |
| Furniture and vehicles | 24 | €971 | - | -€971 | |
| Current assets | 29/58 | €39,277 | €73,583 | +€34,305 | +87.3% |
| Stocks and contracts in progress | 3 | €4,450 | €6,450 | +€2,000 | +44.9% |
| Stocks | 30/36 | €4,450 | €6,450 | +€2,000 | +44.9% |
| Amounts receivable within one year | 40/41 | €24,735 | €57,466 | +€32,731 | +132% |
| Trade receivables | 40 | €9,642 | €9,642 | = | 0.0% |
| Other amounts receivable | 41 | €15,093 | €47,824 | +€32,731 | +217% |
| Cash at bank and in hand | 54/58 | €10,092 | €9,667 | -€425 | -4.2% |
| Total equity and liabilities | 10/49 | €40,694 | €73,583 | +€32,889 | +80.8% |
| Equity | 10/15 | €29,660 | €48,678 | +€19,018 | +64.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,060 | €30,078 | +€19,018 | +172% |
| Amounts payable | 17/49 | €11,034 | €24,905 | +€13,871 | +126% |
| Amounts payable within one year | 42/48 | €11,034 | €24,905 | +€13,871 | +126% |
| Trade debts | 44 | €8,786 | €10,431 | +€1,645 | +18.7% |
| Suppliers | 440/4 | €8,786 | €10,431 | +€1,645 | +18.7% |
| Taxes, remuneration and social security | 45 | €2,248 | €14,474 | +€12,226 | +544% |
| Taxes | 450/3 | €2,248 | €14,474 | +€12,226 | +544% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,031 | - | -€1,031 | |
| Other operating charges | 640/8 | €1,713 | €967 | -€745 | -43.5% |
| Gross operating margin | 9900 | €4,665 | €11,925 | +€7,260 | +156% |
| Operating profit (loss) | 9901 | €1,921 | €10,958 | +€9,037 | +470% |
| Financial charges | 65/66B | €73 | €263 | +€190 | +261% |
| Recurring financial charges | 65 | €73 | €263 | +€190 | +261% |
| Profit (loss) for the period before taxes | 9903 | €1,848 | €10,694 | +€8,846 | +479% |
| Income taxes | 67/77 | €370 | €2,278 | +€1,908 | +516% |
| Profit (loss) for the period | 9904 | €1,478 | €8,416 | +€6,938 | +469% |
| Profit (loss) for the period to be appropriated | 9905 | €1,478 | €8,416 | +€6,938 | +469% |
Source: filed annual accounts (NBB), financial years ended 30 September 2021 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.