PetExpert Belgium: what changed
PetExpert Belgium
Largest movements
- Cash +€113,315
up €113,315 (+1,046%), from €10,830 to €124,144
mainly Other debts (+€640,638) and Debts after one year (+€100,000)
- Financial fixed assets +€13,828
new in 2023: €13,828
- Tangible fixed assets +€6,869
up €6,869 (+828%), from €829 to €7,699
- Receivables within one year -€6,670
no longer reported in 2023 (was €6,670)
- Deferred charges and accrued income +€6,370
up €6,370 (+1,237%), from €515 to €6,884
- Profit (loss) carried forward -€697,326
down €697,326 (-288%), from -€242,275 to -€939,602
- Other debts +€640,638
up €640,638 (+335%), from €191,029 to €831,666
- Debts after one year +€100,000
new in 2023: €100,000
- Tax, wage and social debts +€47,198
up €47,198 (+169%), from €27,997 to €75,194
of which Remuneration and social security: +€33,847
- Trade debts +€24,890
up €24,890 (+113%), from €22,094 to €46,983
- Gross operating margin -€319,279
down €319,279 (-277%), from -€115,144 to -€434,423
- Staff costs +€132,456
up €132,456 (+107%), from €124,371 to €256,827
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,843 | €152,555 | +€133,712 | +710% |
| Fixed assets | 21/28 | €829 | €21,527 | +€20,697 | +2,496% |
| Tangible fixed assets | 22/27 | €829 | €7,699 | +€6,869 | +828% |
| Furniture and vehicles | 24 | €829 | €7,699 | +€6,869 | +828% |
| Financial fixed assets | 28 | - | €13,828 | +€13,828 | |
| Current assets | 29/58 | €18,014 | €131,029 | +€113,015 | +627% |
| Amounts receivable within one year | 40/41 | €6,670 | - | -€6,670 | |
| Other amounts receivable | 41 | €6,670 | - | -€6,670 | |
| Cash at bank and in hand | 54/58 | €10,830 | €124,144 | +€113,315 | +1,046% |
| Deferred charges and accrued income | 490/1 | €515 | €6,884 | +€6,370 | +1,237% |
| Total equity and liabilities | 10/49 | €18,843 | €152,555 | +€133,712 | +710% |
| Equity | 10/15 | -€222,275 | -€919,602 | -€697,326 | -314% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€242,275 | -€939,602 | -€697,326 | -288% |
| Amounts payable | 17/49 | €241,119 | €1,072,157 | +€831,038 | +345% |
| Amounts payable after more than one year | 17 | - | €100,000 | +€100,000 | |
| Other amounts payable | 178/9 | - | €100,000 | +€100,000 | |
| Amounts payable within one year | 42/48 | €241,119 | €953,844 | +€712,725 | +296% |
| Trade debts | 44 | €22,094 | €46,983 | +€24,890 | +113% |
| Suppliers | 440/4 | €22,094 | €46,983 | +€24,890 | +113% |
| Taxes, remuneration and social security | 45 | €27,997 | €75,194 | +€47,198 | +169% |
| Taxes | 450/3 | €7,658 | €21,008 | +€13,351 | +174% |
| Remuneration and social security | 454/9 | €20,339 | €54,186 | +€33,847 | +166% |
| Other amounts payable | 47/48 | €191,029 | €831,666 | +€640,638 | +335% |
| Accrued charges and deferred income | 492/3 | - | €18,313 | +€18,313 | |
| Remuneration, social security and pensions | 62 | €124,371 | €256,827 | +€132,456 | +107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €240 | €2,807 | +€2,567 | +1,071% |
| Other operating charges | 640/8 | €1,620 | €1,387 | -€233 | -14.4% |
| Gross operating margin | 9900 | -€115,144 | -€434,423 | -€319,279 | -277% |
| Operating profit (loss) | 9901 | -€241,374 | -€695,444 | -€454,070 | -188% |
| Financial income | 75/76B | €0 | €29 | +€29 | +41,671% |
| Recurring financial income | 75 | €0 | €29 | +€29 | +41,671% |
| Financial charges | 65/66B | €901 | €1,628 | +€726 | +80.6% |
| Recurring financial charges | 65 | €901 | €1,628 | +€726 | +80.6% |
| Profit (loss) for the period before taxes | 9903 | -€242,275 | -€697,042 | -€454,767 | -188% |
| Income taxes | 67/77 | - | €284 | +€284 | |
| Profit (loss) for the period | 9904 | -€242,275 | -€697,326 | -€455,051 | -188% |
| Profit (loss) for the period to be appropriated | 9905 | -€242,275 | -€697,326 | -€455,051 | -188% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.