PIDLOG: what changed
Two fiscal 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.
PIDLOG
Largest movements
- Cash -€4,497
down €4,497 (-11.2%), from €40,059 to €35,563
mainly Other debts (-€57,000) and Receivables within one year (-€3,437)
- Receivables within one year +€3,437
up €3,437 (+10.1%), from €34,068 to €37,505
of which Other amounts receivable: +€9,412
- Tangible fixed assets -€1,463
down €1,463 (-11.8%), from €12,420 to €10,957
of which Plant, machinery and equipment: -€1,992
- Other debts -€57,000
no longer reported in 2023 (was €57,000)
- Reserves +€33,000
up €33,000 (+1774.2%), from €1,860 to €34,860
of which Distributable reserves: +€33,000
- Profit (loss) carried forward +€18,145
up €18,145 (+501.7%), from €3,617 to €21,762
- Tax, wage and social debts +€5,845
up €5,845 (+38.7%), from €15,120 to €20,965
- Trade debts -€3,215
down €3,215 (-92.1%), from €3,492 to €276
- Gross operating margin -€13,083
down €13,083 (-14.6%), from €89,360 to €76,276
- Depreciation -€9,218
down €9,218 (-73.0%), from €12,636 to €3,418
- Taxes +€2,403
up €2,403 (+12.4%), from €19,400 to €21,803
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.
Cash bridge derived
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 | €87,289 | €84,063 | -€3,225 | -3.7% |
| Fixed assets | 21/28 | €12,459 | €10,995 | -€1,463 | -11.7% |
| Tangible fixed assets | 22/27 | €12,420 | €10,957 | -€1,463 | -11.8% |
| Plant, machinery and equipment | 23 | €9,536 | €7,544 | -€1,992 | -20.9% |
| Furniture and vehicles | 24 | €2,885 | €3,414 | +€529 | +18.3% |
| Financial fixed assets | 28 | €38 | €38 | = | 0.0% |
| Current assets | 29/58 | €74,830 | €73,068 | -€1,762 | -2.4% |
| Amounts receivable within one year | 40/41 | €34,068 | €37,505 | +€3,437 | +10.1% |
| Trade receivables | 40 | €10,405 | €4,429 | -€5,976 | -57.4% |
| Other amounts receivable | 41 | €23,664 | €33,076 | +€9,412 | +39.8% |
| Cash at bank and in hand | 54/58 | €40,059 | €35,563 | -€4,497 | -11.2% |
| Deferred charges and accrued income | 490/1 | €702 | - | -€702 | |
| Total equity and liabilities | 10/49 | €87,289 | €84,063 | -€3,225 | -3.7% |
| Equity | 10/15 | €11,677 | €62,822 | +€51,145 | +438.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €34,860 | +€33,000 | +1774.2% |
| 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 | - | €33,000 | +€33,000 | |
| Profit (loss) carried forward | 14 | €3,617 | €21,762 | +€18,145 | +501.7% |
| Amounts payable | 17/49 | €75,612 | €21,241 | -€54,371 | -71.9% |
| Amounts payable within one year | 42/48 | €75,612 | €21,241 | -€54,371 | -71.9% |
| Trade debts | 44 | €3,492 | €276 | -€3,215 | -92.1% |
| Suppliers | 440/4 | €3,492 | €276 | -€3,215 | -92.1% |
| Taxes, remuneration and social security | 45 | €15,120 | €20,965 | +€5,845 | +38.7% |
| Taxes | 450/3 | €15,120 | €20,965 | +€5,845 | +38.7% |
| Other amounts payable | 47/48 | €57,000 | - | -€57,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,636 | €3,418 | -€9,218 | -73.0% |
| Other operating charges | 640/8 | €1,202 | €1,316 | +€114 | +9.5% |
| Gross operating margin | 9900 | €89,360 | €76,276 | -€13,083 | -14.6% |
| Operating profit (loss) | 9901 | €75,522 | €71,543 | -€3,979 | -5.3% |
| Financial income | 75/76B | €1,123 | €1,501 | +€378 | +33.6% |
| Recurring financial income | 75 | €1,123 | €1,501 | +€378 | +33.6% |
| Financial charges | 65/66B | €122 | €96 | -€26 | -21.7% |
| Recurring financial charges | 65 | €122 | €96 | -€26 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €76,523 | €72,948 | -€3,575 | -4.7% |
| Income taxes | 67/77 | €19,400 | €21,803 | +€2,403 | +12.4% |
| Profit (loss) for the period | 9904 | €57,123 | €51,145 | -€5,978 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,123 | €51,145 | -€5,978 | -10.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.