PUBLI - FINANCE: 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.
PUBLI - FINANCE
Largest movements
- Receivables within one year -€35,166
down €35,166 (-25.0%), from €140,604 to €105,438
of which Other amounts receivable: -€37,822
- Profit (loss) carried forward -€24,559
down €24,559, from €19,719 to -€4,840
- Tax, wage and social debts -€9,336
no longer reported in 2023 (was €9,336)
- Financial charges -€39,022
down €39,022 (-95.7%), from €40,762 to €1,740
of which Non-recurring financial charges: -€34,415
- Purchases and services +€16,919
new in 2023: €16,919
- Financial income -€3,609
down €3,609 (-40.0%), from €9,017 to €5,408
- Gross operating margin +€1,766
up €1,766 (+11.0%), from -€16,028 to -€14,262
- Other operating charges -€766
down €766 (-52.3%), from €1,466 to €700
From the 2021 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,672 | €105,608 | -€35,064 | -24.9% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Current assets | 29/58 | €140,672 | €105,608 | -€35,064 | -24.9% |
| Amounts receivable within one year | 40/41 | €140,604 | €105,438 | -€35,166 | -25.0% |
| Trade receivables | 40 | - | €2,656 | +€2,656 | |
| Other amounts receivable | 41 | €140,604 | €102,782 | -€37,822 | -26.9% |
| Cash at bank and in hand | 54/58 | €68 | €170 | +€102 | +150% |
| Total equity and liabilities | 10/49 | €140,672 | €105,608 | -€35,064 | -24.9% |
| Equity | 10/15 | €129,719 | €105,160 | -€24,559 | -18.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,719 | -€4,840 | -€24,559 | |
| Amounts payable | 17/49 | €10,953 | €448 | -€10,506 | -95.9% |
| Amounts payable within one year | 42/48 | €9,837 | €0 | -€9,837 | -100% |
| Trade debts | 44 | €501 | €0 | -€501 | -100% |
| Suppliers | 440/4 | €501 | €0 | -€501 | -100% |
| Taxes, remuneration and social security | 45 | €9,336 | - | -€9,336 | |
| Taxes | 450/3 | €9,336 | - | -€9,336 | |
| Accrued charges and deferred income | 492/3 | €1,116 | €448 | -€669 | -59.9% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €16,919 | +€16,919 | |
| Other operating charges | 640/8 | €1,466 | €700 | -€766 | -52.3% |
| Gross operating margin | 9900 | -€16,028 | -€14,262 | +€1,766 | +11.0% |
| Operating profit (loss) | 9901 | -€17,494 | -€14,962 | +€2,532 | +14.5% |
| Financial income | 75/76B | €9,017 | €5,408 | -€3,609 | -40.0% |
| Recurring financial income | 75 | €9,017 | €5,408 | -€3,609 | -40.0% |
| Financial charges | 65/66B | €40,762 | €1,740 | -€39,022 | -95.7% |
| Recurring financial charges | 65 | €6,347 | €1,740 | -€4,607 | -72.6% |
| Non-recurring financial charges | 66B | €34,415 | - | -€34,415 | |
| Profit (loss) for the period before taxes | 9903 | -€49,239 | -€11,294 | +€37,945 | +77.1% |
| Income taxes | 67/77 | €201 | - | -€201 | |
| Profit (loss) for the period | 9904 | -€49,440 | -€11,294 | +€38,146 | +77.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,440 | -€11,294 | +€38,146 | +77.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.