Phagacel & Pégalach: what changed
Phagacel & Pégalach
Largest movements
- Cash -€230
down €230 (-15.3%), from €1,501 to €1,271
mainly Net result for the year (-€5,410) and Accrued charges and deferred income (-€63)
- Tangible fixed assets -€224
down €224 (-10.1%), from €2,218 to €1,994
- Profit (loss) carried forward -€5,410
down €5,410 (-54.8%), from -€9,874 to -€15,284
- Debts within one year +€5,019
up €5,019 (+37.0%), from €13,575 to €18,594
- Accrued charges and deferred income -€63
no longer reported in 2023 (was €63)
- Gross operating margin -€2,012
down €2,012 (-64.8%), from -€3,105 to -€5,117
- Depreciation +€203
up €203 (+967%), from €21 to €224
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 | €3,764 | €3,310 | -€454 | -12.1% |
| Fixed assets | 21/28 | €2,218 | €1,994 | -€224 | -10.1% |
| Tangible fixed assets | 22/27 | €2,218 | €1,994 | -€224 | -10.1% |
| Plant, machinery and equipment | 23 | €2,218 | €1,994 | -€224 | -10.1% |
| Current assets | 29/58 | €1,546 | €1,316 | -€230 | -14.9% |
| Amounts receivable within one year | 40/41 | €45 | €45 | = | 0.0% |
| Other amounts receivable | 41 | €45 | €45 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,501 | €1,271 | -€230 | -15.3% |
| Total equity and liabilities | 10/49 | €3,764 | €3,310 | -€454 | -12.1% |
| Equity | 10/15 | -€9,874 | -€15,284 | -€5,410 | -54.8% |
| Profit (loss) carried forward | 14 | -€9,874 | -€15,284 | -€5,410 | -54.8% |
| Amounts payable | 17/49 | €13,638 | €18,594 | +€4,956 | +36.3% |
| Amounts payable within one year | 42/48 | €13,575 | €18,594 | +€5,019 | +37.0% |
| Trade debts | 44 | €3,771 | €236 | -€3,535 | -93.7% |
| Suppliers | 440/4 | €3,771 | €236 | -€3,535 | -93.7% |
| Accrued charges and deferred income | 492/3 | €63 | - | -€63 | |
| Non-recurring operating income | 76A | €580 | - | -€580 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21 | €224 | +€203 | +967% |
| Other operating charges | 640/8 | - | €25 | +€25 | |
| Gross operating margin | 9900 | -€3,105 | -€5,117 | -€2,012 | -64.8% |
| Operating profit (loss) | 9901 | -€3,126 | -€5,366 | -€2,240 | -71.7% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €69 | €48 | -€21 | -30.4% |
| Recurring financial charges | 65 | €69 | €48 | -€21 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,195 | -€5,409 | -€2,214 | -69.3% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€3,195 | -€5,410 | -€2,215 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,195 | -€5,410 | -€2,215 | -69.3% |
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 5 November 2026 via checked.be.