Prof Pen: 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.
Prof Pen
Largest movements
- Tangible fixed assets +€6,256
up €6,256 (+553.6%), from €1,130 to €7,386
- Cash +€1,920
up €1,920 (+675.1%), from €284 to €2,204
mainly Other debts (+€8,256) and Trade debts (+€879)
- Receivables within one year -€600
down €600 (-15.1%), from €3,971 to €3,372
of which Trade receivables: -€757
- Other debts +€8,256
up €8,256 (+30.6%), from €26,974 to €35,231
- Profit (loss) carried forward -€1,549
down €1,549 (-6.2%), from -€25,058 to -€26,607
- Trade debts +€879
up €879 (+60.3%), from €1,459 to €2,338
- Gross operating margin +€6,188
up €6,188, from -€6,038 to €151
- Depreciation -€2,035
down €2,035 (-81.4%), from €2,500 to €465
- Other operating charges +€855
up €855 (+346.8%), from €247 to €1,102
- Financial charges -€77
down €77 (-41.3%), from €188 to €110
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 | €5,386 | €12,962 | +€7,576 | +140.7% |
| Fixed assets | 21/28 | €1,130 | €7,386 | +€6,256 | +553.6% |
| Tangible fixed assets | 22/27 | €1,130 | €7,386 | +€6,256 | +553.6% |
| Furniture and vehicles | 24 | €1,130 | €7,386 | +€6,256 | +553.6% |
| Current assets | 29/58 | €4,256 | €5,576 | +€1,320 | +31.0% |
| Amounts receivable within one year | 40/41 | €3,971 | €3,372 | -€600 | -15.1% |
| Trade receivables | 40 | €840 | €83 | -€757 | -90.1% |
| Other amounts receivable | 41 | €3,131 | €3,289 | +€157 | +5.0% |
| Cash at bank and in hand | 54/58 | €284 | €2,204 | +€1,920 | +675.1% |
| Total equity and liabilities | 10/49 | €5,386 | €12,962 | +€7,576 | +140.7% |
| Equity | 10/15 | -€23,058 | -€24,607 | -€1,549 | -6.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,058 | -€26,607 | -€1,549 | -6.2% |
| Amounts payable | 17/49 | €28,444 | €37,569 | +€9,125 | +32.1% |
| Amounts payable within one year | 42/48 | €28,444 | €37,569 | +€9,125 | +32.1% |
| Financial debts | 43 | €11 | - | -€11 | |
| Credit institutions | 430/8 | €11 | - | -€11 | |
| Trade debts | 44 | €1,459 | €2,338 | +€879 | +60.3% |
| Suppliers | 440/4 | €1,459 | €2,338 | +€879 | +60.3% |
| Other amounts payable | 47/48 | €26,974 | €35,231 | +€8,256 | +30.6% |
| Non-recurring operating income | 76A | - | €1,762 | +€1,762 | |
| Remuneration, social security and pensions | 62 | - | €23 | +€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,500 | €465 | -€2,035 | -81.4% |
| Other operating charges | 640/8 | €247 | €1,102 | +€855 | +346.8% |
| Gross operating margin | 9900 | -€6,038 | €151 | +€6,188 | |
| Operating profit (loss) | 9901 | -€8,784 | -€1,439 | +€7,346 | +83.6% |
| Financial charges | 65/66B | €188 | €110 | -€77 | -41.3% |
| Recurring financial charges | 65 | €188 | €110 | -€77 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,972 | -€1,549 | +€7,423 | +82.7% |
| Profit (loss) for the period | 9904 | -€8,972 | -€1,549 | +€7,423 | +82.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,972 | -€1,549 | +€7,423 | +82.7% |
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 10 October 2026 via checked.be.