Peternet Electronics: 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.
Peternet Electronics
Largest movements
- Current investments +€177,358
new in 2023: €177,358
- Cash -€144,584
down €144,584 (-55.4%), from €260,881 to €116,297
mainly Current investments (-€177,358) and Investment in fixed assets (net) (-€23,489)
- Intangible fixed assets +€14,252
up €14,252 (+768%), from €1,857 to €16,109
- Receivables within one year -€10,269
down €10,269 (-30.4%), from €33,831 to €23,562
of which Trade receivables: -€11,284
- Tangible fixed assets -€7,200
down €7,200 (-12.1%), from €59,579 to €52,379
of which Land and buildings: -€4,720
- Reserves +€25,891
up €25,891 (+16.3%), from €159,174 to €185,066
of which Distributable reserves: +€25,891
- Tax, wage and social debts +€14,242
up €14,242 (+61.2%), from €23,276 to €37,517
- Debts after one year -€12,963
down €12,963 (-19.5%), from €66,374 to €53,411
- Gross operating margin -€26,816
down €26,816 (-30.2%), from €88,650 to €61,834
- Taxes -€9,350
down €9,350 (-39.6%), from €23,606 to €14,256
- Depreciation -€1,925
down €1,925 (-10.5%), from €18,362 to €16,437
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 | €356,148 | €385,706 | +€29,558 | +8.3% |
| Fixed assets | 21/28 | €61,435 | €68,488 | +€7,052 | +11.5% |
| Intangible fixed assets | 21 | €1,857 | €16,109 | +€14,252 | +768% |
| Tangible fixed assets | 22/27 | €59,579 | €52,379 | -€7,200 | -12.1% |
| Land and buildings | 22 | €33,040 | €28,320 | -€4,720 | -14.3% |
| Furniture and vehicles | 24 | €26,539 | €24,059 | -€2,480 | -9.3% |
| Current assets | 29/58 | €294,712 | €317,218 | +€22,505 | +7.6% |
| Amounts receivable within one year | 40/41 | €33,831 | €23,562 | -€10,269 | -30.4% |
| Trade receivables | 40 | €32,372 | €21,088 | -€11,284 | -34.9% |
| Other amounts receivable | 41 | €1,459 | €2,474 | +€1,015 | +69.6% |
| Current investments | 50/53 | - | €177,358 | +€177,358 | |
| Cash at bank and in hand | 54/58 | €260,881 | €116,297 | -€144,584 | -55.4% |
| Total equity and liabilities | 10/49 | €356,148 | €385,706 | +€29,558 | +8.3% |
| Equity | 10/15 | €177,873 | €203,764 | +€25,891 | +14.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €159,174 | €185,066 | +€25,891 | +16.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €157,314 | €183,206 | +€25,891 | +16.5% |
| Profit (loss) carried forward | 14 | €99 | €99 | = | 0.0% |
| Amounts payable | 17/49 | €178,275 | €181,941 | +€3,667 | +2.1% |
| Amounts payable after more than one year | 17 | €66,374 | €53,411 | -€12,963 | -19.5% |
| Financial debts | 170/4 | €66,374 | €53,411 | -€12,963 | -19.5% |
| Amounts payable within one year | 42/48 | €111,901 | €128,531 | +€16,630 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €12,572 | €12,963 | +€391 | +3.1% |
| Trade debts | 44 | €15,137 | €18,989 | +€3,852 | +25.4% |
| Suppliers | 440/4 | €15,137 | €18,989 | +€3,852 | +25.4% |
| Taxes, remuneration and social security | 45 | €23,276 | €37,517 | +€14,242 | +61.2% |
| Taxes | 450/3 | €23,276 | €37,517 | +€14,242 | +61.2% |
| Other amounts payable | 47/48 | €60,916 | €59,061 | -€1,855 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,362 | €16,437 | -€1,925 | -10.5% |
| Other operating charges | 640/8 | €1,743 | €2,218 | +€475 | +27.3% |
| Gross operating margin | 9900 | €88,650 | €61,834 | -€26,816 | -30.2% |
| Operating profit (loss) | 9901 | €68,546 | €43,179 | -€25,366 | -37.0% |
| Financial income | 75/76B | - | €48 | +€48 | |
| Recurring financial income | 75 | - | €48 | +€48 | |
| Financial charges | 65/66B | €3,417 | €3,080 | -€337 | -9.9% |
| Recurring financial charges | 65 | €3,417 | €3,080 | -€337 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €65,129 | €40,147 | -€24,982 | -38.4% |
| Income taxes | 67/77 | €23,606 | €14,256 | -€9,350 | -39.6% |
| Profit (loss) for the period | 9904 | €41,523 | €25,891 | -€15,632 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,523 | €25,891 | -€15,632 | -37.6% |
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.