PPHP: 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.
PPHP
Largest movements
- Cash -€8,278
down €8,278 (-97.0%), from €8,536 to €258
mainly Net result for the year (-€18,358) and Trade debts (-€5,236)
- Receivables within one year -€4,555
down €4,555 (-70.1%), from €6,494 to €1,939
of which Trade receivables: -€4,128
- Tangible fixed assets -€859
down €859 (-23.8%), from €3,616 to €2,757
- Profit (loss) carried forward -€18,357
down €18,357, from €9,439 to -€8,918
- Tax, wage and social debts +€6,345
up €6,345 (+259.0%), from €2,450 to €8,795
- Trade debts -€5,236
down €5,236 (-69.6%), from €7,524 to €2,288
- Other debts +€3,806
up €3,806 (+474.0%), from €803 to €4,609
- Purchases and services +€17,203
up €17,203 (+33.1%), from €52,040 to €69,243
- Gross operating margin -€10,509
down €10,509 (-155.6%), from -€6,755 to -€17,264
- Turnover +€6,694
up €6,694 (+14.8%), from €45,285 to €51,979
- Depreciation -€917
down €917 (-51.6%), from €1,776 to €859
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 | €38,816 | €25,374 | -€13,442 | -34.6% |
| Fixed assets | 21/28 | €5,616 | €4,757 | -€859 | -15.3% |
| Tangible fixed assets | 22/27 | €3,616 | €2,757 | -€859 | -23.8% |
| Furniture and vehicles | 24 | €3,616 | €2,757 | -€859 | -23.8% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €33,200 | €20,617 | -€12,583 | -37.9% |
| Stocks and contracts in progress | 3 | €18,170 | €18,420 | +€250 | +1.4% |
| Stocks | 30/36 | €18,170 | €18,420 | +€250 | +1.4% |
| Amounts receivable within one year | 40/41 | €6,494 | €1,939 | -€4,555 | -70.1% |
| Trade receivables | 40 | €6,067 | €1,939 | -€4,128 | -68.0% |
| Other amounts receivable | 41 | €427 | - | -€427 | |
| Cash at bank and in hand | 54/58 | €8,536 | €258 | -€8,278 | -97.0% |
| Total equity and liabilities | 10/49 | €38,816 | €25,374 | -€13,442 | -34.6% |
| Equity | 10/15 | €28,039 | €9,682 | -€18,357 | -65.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,439 | -€8,918 | -€18,357 | |
| Amounts payable | 17/49 | €10,777 | €15,692 | +€4,915 | +45.6% |
| Amounts payable within one year | 42/48 | €10,777 | €15,692 | +€4,915 | +45.6% |
| Trade debts | 44 | €7,524 | €2,288 | -€5,236 | -69.6% |
| Suppliers | 440/4 | €7,524 | €2,288 | -€5,236 | -69.6% |
| Taxes, remuneration and social security | 45 | €2,450 | €8,795 | +€6,345 | +259.0% |
| Taxes | 450/3 | €2,450 | €8,795 | +€6,345 | +259.0% |
| Other amounts payable | 47/48 | €803 | €4,609 | +€3,806 | +474.0% |
| Turnover | 70 | €45,285 | €51,979 | +€6,694 | +14.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €52,040 | €69,243 | +€17,203 | +33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,776 | €859 | -€917 | -51.6% |
| Other operating charges | 640/8 | €62 | €184 | +€122 | +196.8% |
| Gross operating margin | 9900 | -€6,755 | -€17,264 | -€10,509 | -155.6% |
| Operating profit (loss) | 9901 | -€8,593 | -€18,307 | -€9,714 | -113.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €49 | €51 | +€2 | +3.8% |
| Recurring financial charges | 65 | €49 | €51 | +€2 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,642 | -€18,358 | -€9,716 | -112.4% |
| Income taxes | 67/77 | €121 | - | -€121 | |
| Profit (loss) for the period | 9904 | -€8,763 | -€18,358 | -€9,595 | -109.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,763 | -€18,358 | -€9,595 | -109.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.