PETIT - DEMEYER: 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.
PETIT - DEMEYER
Largest movements
- Cash -€18,041
down €18,041 (-58.7%), from €30,721 to €12,680
mainly Net result for the year (-€37,540) and Receivables within one year (-€675)
- Stocks and contracts -€11,496
down €11,496 (-4.2%), from €275,446 to €263,950
- Tangible fixed assets -€4,367
down €4,367 (-6.4%), from €68,248 to €63,881
- Profit (loss) carried forward -€37,540
down €37,540 (-35.7%), from €105,227 to €67,687
- Turnover -€74,310
down €74,310 (-18.0%), from €412,437 to €338,127
- Purchases and services -€56,334
down €56,334 (-14.6%), from €386,722 to €330,388
- Gross operating margin -€17,976
down €17,976 (-69.9%), from €25,715 to €7,739
- Financial income -€5,851
down €5,851 (-39.4%), from €14,844 to €8,993
of which Non-recurring financial income: -€5,500
- Write-downs +€5,509
new in 2023: €5,509
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 | €374,878 | €341,649 | -€33,229 | -8.9% |
| Fixed assets | 21/28 | €68,386 | €64,019 | -€4,367 | -6.4% |
| Tangible fixed assets | 22/27 | €68,248 | €63,881 | -€4,367 | -6.4% |
| Land and buildings | 22 | €68,248 | €63,881 | -€4,367 | -6.4% |
| Financial fixed assets | 28 | €138 | €138 | = | 0.0% |
| Current assets | 29/58 | €306,492 | €277,630 | -€28,862 | -9.4% |
| Stocks and contracts in progress | 3 | €275,446 | €263,950 | -€11,496 | -4.2% |
| Stocks | 30/36 | €275,446 | €263,950 | -€11,496 | -4.2% |
| Amounts receivable within one year | 40/41 | €325 | €1,000 | +€675 | +208% |
| Trade receivables | 40 | - | €1,000 | +€1,000 | |
| Other amounts receivable | 41 | €325 | - | -€325 | |
| Cash at bank and in hand | 54/58 | €30,721 | €12,680 | -€18,041 | -58.7% |
| Total equity and liabilities | 10/49 | €374,878 | €341,649 | -€33,229 | -8.9% |
| Equity | 10/15 | €179,397 | €141,857 | -€37,540 | -20.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €12,197 | €12,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,227 | €67,687 | -€37,540 | -35.7% |
| Amounts payable | 17/49 | €195,481 | €199,792 | +€4,311 | +2.2% |
| Amounts payable within one year | 42/48 | €195,481 | €199,792 | +€4,311 | +2.2% |
| Trade debts | 44 | €55,782 | €58,956 | +€3,174 | +5.7% |
| Suppliers | 440/4 | €55,782 | €58,956 | +€3,174 | +5.7% |
| Taxes, remuneration and social security | 45 | €9,483 | €8,869 | -€614 | -6.5% |
| Taxes | 450/3 | €1,001 | €1,767 | +€766 | +76.5% |
| Remuneration and social security | 454/9 | €8,482 | €7,102 | -€1,380 | -16.3% |
| Other amounts payable | 47/48 | €130,216 | €131,967 | +€1,751 | +1.3% |
| Turnover | 70 | €412,437 | €338,127 | -€74,310 | -18.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €386,722 | €330,388 | -€56,334 | -14.6% |
| Remuneration, social security and pensions | 62 | €33,261 | €37,146 | +€3,885 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,367 | €4,367 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,509 | +€5,509 | |
| Other operating charges | 640/8 | €6,798 | €5,726 | -€1,072 | -15.8% |
| Gross operating margin | 9900 | €25,715 | €7,739 | -€17,976 | -69.9% |
| Operating profit (loss) | 9901 | -€18,711 | -€45,009 | -€26,298 | -141% |
| Financial income | 75/76B | €14,844 | €8,993 | -€5,851 | -39.4% |
| Recurring financial income | 75 | €9,344 | €8,993 | -€351 | -3.8% |
| Non-recurring financial income | 76B | €5,500 | - | -€5,500 | |
| Financial charges | 65/66B | €1,772 | €1,461 | -€311 | -17.6% |
| Recurring financial charges | 65 | €1,772 | €1,461 | -€311 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,639 | -€37,477 | -€31,838 | -565% |
| Income taxes | 67/77 | €76 | €63 | -€13 | -17.1% |
| Profit (loss) for the period | 9904 | -€5,715 | -€37,540 | -€31,825 | -557% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,715 | -€37,540 | -€31,825 | -557% |
Source: filed annual accounts (NBB), financial years ended 28 February 2022 and 28 February 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.