PMG Concept: 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.
PMG Concept
Largest movements
- Receivables within one year +€61,156
up €61,156 (+324.1%), from €18,871 to €80,027
of which Other amounts receivable: +€38,583
- Tangible fixed assets +€10,640
new in 2023: €10,640
- Deferred charges and accrued income +€2,417
new in 2023: €2,417
- Cash +€1,611
up €1,611 (+11.3%), from €14,315 to €15,926
mainly Net result for the year (+€41,657) and Trade debts (+€19,407)
- Profit (loss) carried forward +€41,657
up €41,657 (+185.5%), from €22,459 to €64,116
- Trade debts +€19,407
up €19,407 (+1055.0%), from €1,840 to €21,247
- Tax, wage and social debts +€16,820
up €16,820 (+2032.8%), from €827 to €17,647
of which Taxes: +€17,647
- Other debts -€2,060
down €2,060 (-100.0%), from €2,060 to €0
- Gross operating margin +€34,557
up €34,557 (+142.4%), from €24,275 to €58,832
- Taxes +€17,608
new in 2023: €17,608
- Financial income +€1,835
new in 2023: €1,835
- Other operating charges +€853
new in 2023: €853
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 | €33,186 | €109,010 | +€75,824 | +228.5% |
| Fixed assets | 21/28 | - | €10,640 | +€10,640 | |
| Tangible fixed assets | 22/27 | - | €10,640 | +€10,640 | |
| Furniture and vehicles | 24 | - | €10,640 | +€10,640 | |
| Current assets | 29/58 | €33,186 | €98,370 | +€65,184 | +196.4% |
| Amounts receivable within one year | 40/41 | €18,871 | €80,027 | +€61,156 | +324.1% |
| Trade receivables | 40 | €16,432 | €39,005 | +€22,573 | +137.4% |
| Other amounts receivable | 41 | €2,439 | €41,021 | +€38,583 | +1582.2% |
| Cash at bank and in hand | 54/58 | €14,315 | €15,926 | +€1,611 | +11.3% |
| Deferred charges and accrued income | 490/1 | - | €2,417 | +€2,417 | |
| Total equity and liabilities | 10/49 | €33,186 | €109,010 | +€75,824 | +228.5% |
| Equity | 10/15 | €28,459 | €70,116 | +€41,657 | +146.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,459 | €64,116 | +€41,657 | +185.5% |
| Amounts payable | 17/49 | €4,727 | €38,894 | +€34,167 | +722.8% |
| Amounts payable within one year | 42/48 | €4,727 | €38,894 | +€34,167 | +722.8% |
| Trade debts | 44 | €1,840 | €21,247 | +€19,407 | +1055.0% |
| Suppliers | 440/4 | €1,840 | €21,247 | +€19,407 | +1055.0% |
| Taxes, remuneration and social security | 45 | €827 | €17,647 | +€16,820 | +2032.8% |
| Taxes | 450/3 | - | €17,647 | +€17,647 | |
| Remuneration and social security | 454/9 | €827 | €0 | -€827 | -100.0% |
| Other amounts payable | 47/48 | €2,060 | €0 | -€2,060 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €410 | +€410 | |
| Other operating charges | 640/8 | - | €853 | +€853 | |
| Gross operating margin | 9900 | €24,275 | €58,832 | +€34,557 | +142.4% |
| Operating profit (loss) | 9901 | €24,275 | €57,569 | +€33,295 | +137.2% |
| Financial income | 75/76B | - | €1,835 | +€1,835 | |
| Recurring financial income | 75 | - | €1,835 | +€1,835 | |
| Financial charges | 65/66B | €104 | €139 | +€35 | +33.1% |
| Recurring financial charges | 65 | €104 | €139 | +€35 | +33.1% |
| Profit (loss) for the period before taxes | 9903 | €24,171 | €59,265 | +€35,095 | +145.2% |
| Income taxes | 67/77 | - | €17,608 | +€17,608 | |
| Profit (loss) for the period | 9904 | €24,171 | €41,657 | +€17,486 | +72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,171 | €41,657 | +€17,486 | +72.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.