PONSEELE PATRICK: what changed
What changed
PONSEELE PATRICK
NACE 46.190, Agents in non-specialised wholesale trade
filed annual accounts (NBB)
Net result for the year
-€80,446
2023 · €2,747-€83,194
Equity
€211,132
2023 · €291,578-€80,446
Cash
€61,798
2023 · €19,824+€41,974
Balance sheet total
€1.5m
2023 · €1.4m+€60,880
Largest movements
Assets
- Tangible fixed assets -€78,564
down €78,564 (-7.6%), from €1.0m to €960,482
- Stocks and contracts +€56,500
up €56,500 (+753%), from €7,500 to €64,000
- Receivables within one year +€46,072
up €46,072 (+12.7%), from €362,457 to €408,529
of which Trade receivables: +€43,532
- Cash +€41,974
up €41,974 (+212%), from €19,824 to €61,798
mainly Trade debts (+€189,590) and Other debts (+€119,000)
Equity and liabilities
- Trade debts +€189,590
up €189,590 (+122%), from €154,986 to €344,577
- Other debts +€119,000
new in 2024: €119,000
- Debts after one year -€85,210
down €85,210 (-16.9%), from €504,563 to €419,353
- Reserves -€61,014
down €61,014 (-30.9%), from €197,406 to €136,391
of which Distributable reserves: -€61,014
- Short-term financial debts -€58,030
down €58,030 (-17.8%), from €325,786 to €267,756
of which Other loans: -€175,000
Income statement
- Gross operating margin -€50,557
down €50,557 (-27.5%), from €184,023 to €133,466
- Depreciation +€14,428
up €14,428 (+17.4%), from €83,073 to €97,501
- Taxes -€11,790
down €11,790 (-100.0%), from €11,790 to €0
- Other operating charges +€8,749
up €8,749 (+130%), from €6,741 to €15,490
- Financial charges +€8,599
up €8,599 (+18.3%), from €46,891 to €55,490
of which Financial charges: +€19,958
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€2,747
Gross operating margin
-€50,557
Staff costs
+€722
Depreciation
-€14,428
Other operating charges
-€8,749
Other operating items
-€16,310
Financial income
+€2,937
Financial charges
-€8,599
Taxes
+€11,790
Result 2024
-€80,446
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€208,413
Investment
-€9,632
Financing
-€156,807
Cash 2023
€19,824
From operations (derived)
+€208,413
Net result for the year
-€80,446
Depreciation
+€97,501
Stocks and contracts
-€56,500
Receivables within one year
-€46,072
Deferred charges and accrued income
-€4,202
Trade debts
+€189,590
Tax, wage and social debts
-€14,139
Other debts
+€119,000
Accrued charges and deferred income
+€3,681
Investment (derived)
-€9,632
Investment in fixed assets (net)
-€9,632
Financing
-€156,807
Debts after one year
-€85,210
Current portion of long-term debt
-€13,566
Short-term financial debts
-€58,030
Cash 2024
€61,798
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,444,634 | €1,505,514 | +€60,880 | +4.2% |
| Fixed assets | 21/28 | €1,051,401 | €963,532 | -€87,869 | -8.4% |
| Intangible fixed assets | 21 | €4,330 | €0 | -€4,330 | -100% |
| Tangible fixed assets | 22/27 | €1,039,046 | €960,482 | -€78,564 | -7.6% |
| Land and buildings | 22 | €588,983 | €557,997 | -€30,986 | -5.3% |
| Plant, machinery and equipment | 23 | €306,204 | €273,082 | -€33,122 | -10.8% |
| Furniture and vehicles | 24 | €143,859 | €129,403 | -€14,456 | -10.0% |
| Financial fixed assets | 28 | €8,025 | €3,050 | -€4,975 | -62.0% |
| Current assets | 29/58 | €393,233 | €541,982 | +€148,749 | +37.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €7,500 | €64,000 | +€56,500 | +753% |
| Stocks | 30/36 | €7,500 | €64,000 | +€56,500 | +753% |
| Amounts receivable within one year | 40/41 | €362,457 | €408,529 | +€46,072 | +12.7% |
| Trade receivables | 40 | €362,457 | €405,989 | +€43,532 | +12.0% |
| Other amounts receivable | 41 | €0 | €2,540 | +€2,540 | |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €19,824 | €61,798 | +€41,974 | +212% |
| Deferred charges and accrued income | 490/1 | €3,452 | €7,654 | +€4,202 | +122% |
| Total equity and liabilities | 10/49 | €1,444,634 | €1,505,514 | +€60,880 | +4.2% |
| Equity | 10/15 | €291,578 | €211,132 | -€80,446 | -27.6% |
| Contributions | 10/11 | €93,600 | €93,600 | = | 0.0% |
| Reserves | 13 | €197,406 | €136,391 | -€61,014 | -30.9% |
| Non-distributable reserves | 130/1 | €4,786 | €4,786 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,786 | €4,786 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €173,870 | €112,856 | -€61,014 | -35.1% |
| Profit (loss) carried forward | 14 | €573 | -€18,860 | -€19,432 | |
| Provisions and deferred taxes | 16 | €24,718 | €24,718 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €24,718 | €24,718 | = | 0.0% |
| Pensions and similar obligations | 160 | €24,718 | €24,718 | = | 0.0% |
| Amounts payable | 17/49 | €1,128,338 | €1,269,664 | +€141,326 | +12.5% |
| Amounts payable after more than one year | 17 | €504,563 | €419,353 | -€85,210 | -16.9% |
| Financial debts | 170/4 | €504,563 | €419,353 | -€85,210 | -16.9% |
| Amounts payable within one year | 42/48 | €623,529 | €846,383 | +€222,855 | +35.7% |
| Current portion of amounts payable after more than one year | 42 | €110,125 | €96,558 | -€13,566 | -12.3% |
| Financial debts | 43 | €325,786 | €267,756 | -€58,030 | -17.8% |
| Credit institutions | 430/8 | €150,786 | €267,756 | +€116,970 | +77.6% |
| Other loans | 439 | €175,000 | €0 | -€175,000 | -100% |
| Trade debts | 44 | €154,986 | €344,577 | +€189,590 | +122% |
| Suppliers | 440/4 | €154,986 | €344,577 | +€189,590 | +122% |
| Taxes, remuneration and social security | 45 | €32,632 | €18,493 | -€14,139 | -43.3% |
| Taxes | 450/3 | €31,601 | €18,493 | -€13,109 | -41.5% |
| Remuneration and social security | 454/9 | €1,031 | €0 | -€1,031 | -100% |
| Other amounts payable | 47/48 | - | €119,000 | +€119,000 | |
| Accrued charges and deferred income | 492/3 | €247 | €3,928 | +€3,681 | +1,492% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €33,498 | €32,777 | -€722 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,073 | €97,501 | +€14,428 | +17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €6,741 | €15,490 | +€8,749 | +130% |
| Non-recurring operating charges | 66A | €0 | €16,310 | +€16,310 | |
| Gross operating margin | 9900 | €184,023 | €133,466 | -€50,557 | -27.5% |
| Operating profit (loss) | 9901 | €60,710 | -€28,611 | -€89,321 | |
| Financial income | 75/76B | €718 | €3,655 | +€2,937 | +409% |
| Recurring financial income | 75 | €718 | €3,655 | +€2,937 | +409% |
| Financial charges | 65/66B | €46,891 | €55,490 | +€8,599 | +18.3% |
| Recurring financial charges | 65 | €35,533 | €55,490 | +€19,958 | +56.2% |
| Non-recurring financial charges | 66B | €11,359 | - | -€11,359 | |
| Profit (loss) for the period before taxes | 9903 | €14,537 | -€80,446 | -€94,983 | |
| Income taxes | 67/77 | €11,790 | €0 | -€11,790 | -100.0% |
| Profit (loss) for the period | 9904 | €2,747 | -€80,446 | -€83,194 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €2,747 | -€80,446 | -€83,194 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.