PJS: 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.
PJS
Largest movements
- Receivables within one year -€10,537
down €10,537 (-37.3%), from €28,230 to €17,693
of which Trade receivables: -€6,621
- Cash +€6,402
up €6,402 (+124.9%), from €5,124 to €11,526
mainly Receivables within one year (+€10,537) and Depreciation (+€4,228)
- Tangible fixed assets -€4,229
down €4,229 (-39.3%), from €10,756 to €6,527
of which Plant, machinery and equipment: -€3,028
- Stocks and contracts +€2,000
up €2,000 (+14.3%), from €14,000 to €16,000
- Deferred charges and accrued income +€1,584
new in 2024: €1,584
- Tax, wage and social debts -€3,978
down €3,978 (-37.9%), from €10,490 to €6,512
of which Taxes: -€3,978
- Other debts -€2,379
no longer reported in 2024 (was €2,379)
- Profit (loss) carried forward +€1,155
up €1,155 (+3.2%), from €36,457 to €37,612
- Depreciation +€4,228
up €4,228, from €0 to €4,228
- Gross operating margin +€1,442
up €1,442 (+26.1%), from €5,529 to €6,971
- Taxes -€1,092
down €1,092 (-77.2%), from €1,414 to €322
- Financial charges +€772
up €772 (+307.6%), from €251 to €1,023
- Other operating charges -€241
down €241 (-43.7%), from €551 to €310
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,110 | €53,330 | -€4,780 | -8.2% |
| Fixed assets | 21/28 | €10,756 | €6,527 | -€4,229 | -39.3% |
| Tangible fixed assets | 22/27 | €10,756 | €6,527 | -€4,229 | -39.3% |
| Plant, machinery and equipment | 23 | €9,498 | €6,470 | -€3,028 | -31.9% |
| Furniture and vehicles | 24 | €1,258 | €57 | -€1,201 | -95.5% |
| Current assets | 29/58 | €47,354 | €46,803 | -€551 | -1.2% |
| Stocks and contracts in progress | 3 | €14,000 | €16,000 | +€2,000 | +14.3% |
| Contracts in progress | 37 | €14,000 | €16,000 | +€2,000 | +14.3% |
| Amounts receivable within one year | 40/41 | €28,230 | €17,693 | -€10,537 | -37.3% |
| Trade receivables | 40 | €13,691 | €7,070 | -€6,621 | -48.4% |
| Other amounts receivable | 41 | €14,539 | €10,623 | -€3,916 | -26.9% |
| Cash at bank and in hand | 54/58 | €5,124 | €11,526 | +€6,402 | +124.9% |
| Deferred charges and accrued income | 490/1 | - | €1,584 | +€1,584 | |
| Total equity and liabilities | 10/49 | €58,110 | €53,330 | -€4,780 | -8.2% |
| Equity | 10/15 | €45,029 | €46,183 | +€1,154 | +2.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,572 | €3,571 | -€1 | 0.0% |
| Distributable reserves | 133 | €3,572 | €3,571 | -€1 | 0.0% |
| Profit (loss) carried forward | 14 | €36,457 | €37,612 | +€1,155 | +3.2% |
| Amounts payable | 17/49 | €13,081 | €7,147 | -€5,934 | -45.4% |
| Amounts payable within one year | 42/48 | €12,902 | €6,580 | -€6,322 | -49.0% |
| Trade debts | 44 | €33 | €68 | +€35 | +106.1% |
| Suppliers | 440/4 | €33 | €68 | +€35 | +106.1% |
| Taxes, remuneration and social security | 45 | €10,490 | €6,512 | -€3,978 | -37.9% |
| Taxes | 450/3 | €10,490 | €6,512 | -€3,978 | -37.9% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €2,379 | - | -€2,379 | |
| Accrued charges and deferred income | 492/3 | €179 | €567 | +€388 | +216.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €4,228 | +€4,228 | |
| Other operating charges | 640/8 | €551 | €310 | -€241 | -43.7% |
| Gross operating margin | 9900 | €5,529 | €6,971 | +€1,442 | +26.1% |
| Operating profit (loss) | 9901 | €4,978 | €2,433 | -€2,545 | -51.1% |
| Financial income | 75/76B | - | €67 | +€67 | |
| Recurring financial income | 75 | - | €67 | +€67 | |
| Financial charges | 65/66B | €251 | €1,023 | +€772 | +307.6% |
| Recurring financial charges | 65 | €251 | €1,023 | +€772 | +307.6% |
| Profit (loss) for the period before taxes | 9903 | €4,727 | €1,477 | -€3,250 | -68.8% |
| Income taxes | 67/77 | €1,414 | €322 | -€1,092 | -77.2% |
| Profit (loss) for the period | 9904 | €3,313 | €1,155 | -€2,158 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,313 | €1,155 | -€2,158 | -65.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.