PTMF: 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.
PTMF
Largest movements
- Receivables within one year +€11,853
up €11,853 (+925%), from €1,282 to €13,134
- Stocks and contracts -€4,201
down €4,201 (-61.7%), from €6,815 to €2,613
- Cash +€1,991
up €1,991 (+22.6%), from €8,813 to €10,804
mainly Net result for the year (+€5,025) and Trade debts (+€4,356)
- Intangible fixed assets -€1,666
down €1,666 (-20.0%), from €8,334 to €6,668
- Profit (loss) carried forward +€5,025
up €5,025, from -€713 to €4,312
- Trade debts +€4,356
up €4,356 (+317%), from €1,373 to €5,729
- Other debts -€920
no longer reported in 2022 (was €920)
- Tax, wage and social debts -€697
down €697 (-12.8%), from €5,458 to €4,761
of which Taxes: -€697
- Gross operating margin +€5,829
up €5,829 (+107%), from €5,430 to €11,259
- Other operating charges -€1,452
down €1,452 (-53.5%), from €2,714 to €1,262
- Taxes +€1,047
up €1,047 (+250%), from €419 to €1,467
- Depreciation +€233
up €233 (+8.1%), from €2,878 to €3,111
- Staff costs -€189
down €189 (-65.7%), from €288 to €99
From the 2021 result to the 2022 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.
Derived cash bridge
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,498 | €35,262 | +€7,764 | +28.2% |
| Fixed assets | 21/28 | €10,589 | €8,710 | -€1,878 | -17.7% |
| Intangible fixed assets | 21 | €8,334 | €6,668 | -€1,666 | -20.0% |
| Tangible fixed assets | 22/27 | €2,255 | €2,043 | -€212 | -9.4% |
| Furniture and vehicles | 24 | €2,255 | €2,043 | -€212 | -9.4% |
| Current assets | 29/58 | €16,910 | €26,552 | +€9,642 | +57.0% |
| Stocks and contracts in progress | 3 | €6,815 | €2,613 | -€4,201 | -61.7% |
| Stocks | 30/36 | €6,815 | €2,613 | -€4,201 | -61.7% |
| Amounts receivable within one year | 40/41 | €1,282 | €13,134 | +€11,853 | +925% |
| Other amounts receivable | 41 | €1,282 | €13,134 | +€11,853 | +925% |
| Cash at bank and in hand | 54/58 | €8,813 | €10,804 | +€1,991 | +22.6% |
| Total equity and liabilities | 10/49 | €27,498 | €35,262 | +€7,764 | +28.2% |
| Equity | 10/15 | €19,747 | €24,772 | +€5,025 | +25.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€713 | €4,312 | +€5,025 | |
| Amounts payable | 17/49 | €7,752 | €10,490 | +€2,739 | +35.3% |
| Amounts payable within one year | 42/48 | €7,752 | €10,490 | +€2,739 | +35.3% |
| Trade debts | 44 | €1,373 | €5,729 | +€4,356 | +317% |
| Suppliers | 440/4 | €1,373 | €5,729 | +€4,356 | +317% |
| Taxes, remuneration and social security | 45 | €5,458 | €4,761 | -€697 | -12.8% |
| Taxes | 450/3 | €2,458 | €1,761 | -€697 | -28.4% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €920 | - | -€920 | |
| Remuneration, social security and pensions | 62 | €288 | €99 | -€189 | -65.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,878 | €3,111 | +€233 | +8.1% |
| Other operating charges | 640/8 | €2,714 | €1,262 | -€1,452 | -53.5% |
| Gross operating margin | 9900 | €5,430 | €11,259 | +€5,829 | +107% |
| Operating profit (loss) | 9901 | -€451 | €6,787 | +€7,238 | |
| Financial charges | 65/66B | €217 | €295 | +€78 | +36.0% |
| Recurring financial charges | 65 | €217 | €295 | +€78 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | -€668 | €6,492 | +€7,160 | |
| Income taxes | 67/77 | €419 | €1,467 | +€1,047 | +250% |
| Profit (loss) for the period | 9904 | -€1,087 | €5,025 | +€6,112 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,087 | €5,025 | +€6,112 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.