PNAH: 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.
PNAH
Largest movements
- Receivables within one year +€12,648
up €12,648 (+12.7%), from €99,905 to €112,553
of which Other amounts receivable: +€40,191
- Cash -€3,194
down €3,194 (-39.0%), from €8,185 to €4,991
mainly Receivables within one year (-€12,648) and Trade debts (-€2,089)
- Reserves +€12,340
up €12,340 (+27.6%), from €44,671 to €57,011
- Trade debts -€2,089
down €2,089 (-4.2%), from €49,756 to €47,668
- Gross operating margin -€5,061
down €5,061 (-15.1%), from €33,519 to €28,458
- Staff costs -€3,398
down €3,398 (-24.8%), from €13,679 to €10,281
- Financial charges -€824
down €824 (-41.1%), from €2,006 to €1,182
- Taxes +€549
up €549 (+13.6%), from €4,047 to €4,595
- Financial income +€519
new in 2024: €519
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 | €125,917 | €135,559 | +€9,642 | +7.7% |
| Current assets | 29/58 | €125,917 | €135,559 | +€9,642 | +7.7% |
| Stocks and contracts in progress | 3 | €17,827 | €17,276 | -€551 | -3.1% |
| Stocks | 30/36 | €17,827 | €17,276 | -€551 | -3.1% |
| Amounts receivable within one year | 40/41 | €99,905 | €112,553 | +€12,648 | +12.7% |
| Trade receivables | 40 | €74,477 | €46,934 | -€27,543 | -37.0% |
| Other amounts receivable | 41 | €25,428 | €65,619 | +€40,191 | +158.1% |
| Cash at bank and in hand | 54/58 | €8,185 | €4,991 | -€3,194 | -39.0% |
| Deferred charges and accrued income | 490/1 | - | €739 | +€739 | |
| Total equity and liabilities | 10/49 | €125,917 | €135,559 | +€9,642 | +7.7% |
| Equity | 10/15 | €63,271 | €75,611 | +€12,340 | +19.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,671 | €57,011 | +€12,340 | +27.6% |
| Distributable reserves | 133 | €44,671 | €57,011 | +€12,340 | +27.6% |
| Amounts payable | 17/49 | €62,646 | €59,949 | -€2,698 | -4.3% |
| Amounts payable within one year | 42/48 | €62,646 | €59,949 | -€2,698 | -4.3% |
| Trade debts | 44 | €49,756 | €47,668 | -€2,089 | -4.2% |
| Suppliers | 440/4 | €49,756 | €47,668 | -€2,089 | -4.2% |
| Taxes, remuneration and social security | 45 | €12,890 | €12,281 | -€609 | -4.7% |
| Taxes | 450/3 | €8,746 | €9,787 | +€1,041 | +11.9% |
| Remuneration and social security | 454/9 | €4,144 | €2,494 | -€1,650 | -39.8% |
| Remuneration, social security and pensions | 62 | €13,679 | €10,281 | -€3,398 | -24.8% |
| Other operating charges | 640/8 | €670 | €578 | -€92 | -13.7% |
| Gross operating margin | 9900 | €33,519 | €28,458 | -€5,061 | -15.1% |
| Operating profit (loss) | 9901 | €19,170 | €17,598 | -€1,571 | -8.2% |
| Financial income | 75/76B | - | €519 | +€519 | |
| Recurring financial income | 75 | - | €519 | +€519 | |
| Financial charges | 65/66B | €2,006 | €1,182 | -€824 | -41.1% |
| Recurring financial charges | 65 | €2,006 | €1,182 | -€824 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €17,164 | €16,935 | -€229 | -1.3% |
| Income taxes | 67/77 | €4,047 | €4,595 | +€549 | +13.6% |
| Profit (loss) for the period | 9904 | €13,117 | €12,340 | -€778 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,117 | €12,340 | -€778 | -5.9% |
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 9 October 2026 via checked.be.