PP EXPRESS: 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.
PP EXPRESS
Largest movements
- Tangible fixed assets +€5,347
new in 2024: €5,347
- Cash +€4,857
up €4,857, from €0 to €4,857
mainly Net result for the year (+€11,275) and Trade debts (+€3,811)
- Receivables within one year +€3,702
up €3,702 (+103.3%), from €3,583 to €7,285
of which Trade receivables: +€7,104
- Deferred charges and accrued income +€543
new in 2024: €543
- Profit (loss) carried forward +€11,275
up €11,275 (+24.9%), from -€45,323 to -€34,048
- Trade debts +€3,811
up €3,811 (+3528.7%), from €108 to €3,919
- Other debts -€481
down €481 (-1.0%), from €47,494 to €47,013
- Gross operating margin +€14,282
up €14,282, from -€267 to €14,015
- Other operating charges +€2,528
new in 2024: €2,528
- Taxes -€565
no longer reported in 2024 (was €565)
- Depreciation +€153
new in 2024: €153
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 | €3,583 | €18,032 | +€14,449 | +403.3% |
| Fixed assets | 21/28 | - | €5,347 | +€5,347 | |
| Tangible fixed assets | 22/27 | - | €5,347 | +€5,347 | |
| Furniture and vehicles | 24 | - | €5,347 | +€5,347 | |
| Current assets | 29/58 | €3,583 | €12,685 | +€9,102 | +254.0% |
| Amounts receivable within one year | 40/41 | €3,583 | €7,285 | +€3,702 | +103.3% |
| Trade receivables | 40 | - | €7,104 | +€7,104 | |
| Other amounts receivable | 41 | €3,583 | €181 | -€3,402 | -94.9% |
| Cash at bank and in hand | 54/58 | €0 | €4,857 | +€4,857 | |
| Deferred charges and accrued income | 490/1 | - | €543 | +€543 | |
| Total equity and liabilities | 10/49 | €3,583 | €18,032 | +€14,449 | +403.3% |
| Equity | 10/15 | -€45,223 | -€33,948 | +€11,275 | +24.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Capital | 10 | €100 | - | -€100 | |
| Issued capital | 100 | €100 | - | -€100 | |
| Profit (loss) carried forward | 14 | -€45,323 | -€34,048 | +€11,275 | +24.9% |
| Amounts payable | 17/49 | €48,806 | €51,980 | +€3,174 | +6.5% |
| Amounts payable within one year | 42/48 | €48,806 | €51,980 | +€3,174 | +6.5% |
| Financial debts | 43 | €4 | - | -€4 | |
| Credit institutions | 430/8 | €4 | - | -€4 | |
| Trade debts | 44 | €108 | €3,919 | +€3,811 | +3528.7% |
| Suppliers | 440/4 | €108 | €3,919 | +€3,811 | +3528.7% |
| Taxes, remuneration and social security | 45 | €1,200 | €1,048 | -€152 | -12.7% |
| Taxes | 450/3 | €1,200 | €1,048 | -€152 | -12.7% |
| Other amounts payable | 47/48 | €47,494 | €47,013 | -€481 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €153 | +€153 | |
| Other operating charges | 640/8 | - | €2,528 | +€2,528 | |
| Gross operating margin | 9900 | -€267 | €14,015 | +€14,282 | |
| Operating profit (loss) | 9901 | -€267 | €11,334 | +€11,601 | |
| Financial charges | 65/66B | €54 | €59 | +€5 | +9.3% |
| Recurring financial charges | 65 | €54 | €59 | +€5 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | -€321 | €11,275 | +€11,596 | |
| Income taxes | 67/77 | €565 | - | -€565 | |
| Profit (loss) for the period | 9904 | -€886 | €11,275 | +€12,161 | |
| Profit (loss) for the period to be appropriated | 9905 | -€886 | €11,275 | +€12,161 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.