PUBLI-WASH: 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-WASH
Largest movements
- Receivables within one year -€206,942
down €206,942 (-47.0%), from €440,536 to €233,594
of which Other amounts receivable: -€247,264
- Cash -€15,724
down €15,724 (-66.9%), from €23,514 to €7,790
mainly Trade debts (-€250,418) and Investment in fixed assets (net) (-€4,974)
- Tangible fixed assets -€8,237
down €8,237 (-22.2%), from €37,044 to €28,807
of which Furniture and vehicles: -€12,564
- Trade debts -€250,418
down €250,418 (-61.8%), from €405,022 to €154,604
- Other debts +€17,967
new in 2024: €17,967
- Gross operating margin +€17,608
up €17,608 (+577%), from €3,051 to €20,659
- Depreciation +€13,186
up €13,186 (+1,431%), from €921 to €14,107
- Taxes +€1,039
up €1,039 (+126%), from €827 to €1,866
- Other operating charges +€585
up €585 (+292%), from €201 to €785
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.
Derived cash bridge
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 | €505,762 | €274,139 | -€231,622 | -45.8% |
| Fixed assets | 21/28 | €41,711 | €32,578 | -€9,133 | -21.9% |
| Intangible fixed assets | 21 | €4,146 | €3,249 | -€896 | -21.6% |
| Tangible fixed assets | 22/27 | €37,044 | €28,807 | -€8,237 | -22.2% |
| Plant, machinery and equipment | 23 | - | €4,327 | +€4,327 | |
| Furniture and vehicles | 24 | €37,044 | €24,480 | -€12,564 | -33.9% |
| Financial fixed assets | 28 | €522 | €522 | = | 0.0% |
| Current assets | 29/58 | €464,050 | €241,561 | -€222,489 | -47.9% |
| Amounts receivable within one year | 40/41 | €440,536 | €233,594 | -€206,942 | -47.0% |
| Trade receivables | 40 | €69,717 | €110,039 | +€40,322 | +57.8% |
| Other amounts receivable | 41 | €370,819 | €123,555 | -€247,264 | -66.7% |
| Current investments | 50/53 | - | €177 | +€177 | |
| Cash at bank and in hand | 54/58 | €23,514 | €7,790 | -€15,724 | -66.9% |
| Total equity and liabilities | 10/49 | €505,762 | €274,139 | -€231,622 | -45.8% |
| Equity | 10/15 | €90,126 | €93,740 | +€3,614 | +4.0% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €35,746 | €35,746 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,983 | €1,983 | = | 0.0% |
| Distributable reserves | 133 | €33,763 | €33,763 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,985 | €45,599 | +€3,614 | +8.6% |
| Amounts payable | 17/49 | €415,636 | €180,399 | -€235,237 | -56.6% |
| Amounts payable within one year | 42/48 | €415,636 | €180,399 | -€235,237 | -56.6% |
| Trade debts | 44 | €405,022 | €154,604 | -€250,418 | -61.8% |
| Suppliers | 440/4 | €405,022 | €154,604 | -€250,418 | -61.8% |
| Advances received on contracts in progress | 46 | €6,000 | €6,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,614 | €1,828 | -€2,785 | -60.4% |
| Taxes | 450/3 | €4,614 | €1,828 | -€2,785 | -60.4% |
| Other amounts payable | 47/48 | - | €17,967 | +€17,967 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €921 | €14,107 | +€13,186 | +1,431% |
| Other operating charges | 640/8 | €201 | €785 | +€585 | +292% |
| Gross operating margin | 9900 | €3,051 | €20,659 | +€17,608 | +577% |
| Operating profit (loss) | 9901 | €1,929 | €5,766 | +€3,838 | +199% |
| Financial income | 75/76B | €0 | €3 | +€3 | +15,600% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +15,600% |
| Financial charges | 65/66B | €327 | €289 | -€38 | -11.5% |
| Recurring financial charges | 65 | €327 | €289 | -€38 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €1,602 | €5,480 | +€3,878 | +242% |
| Income taxes | 67/77 | €827 | €1,866 | +€1,039 | +126% |
| Profit (loss) for the period | 9904 | €775 | €3,614 | +€2,839 | +366% |
| Profit (loss) for the period to be appropriated | 9905 | €775 | €3,614 | +€2,839 | +366% |
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 23 October 2026 via checked.be.