PUBRO Stellingbouw: 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.
PUBRO Stellingbouw
Largest movements
- Tangible fixed assets -€32,869
down €32,869 (-58.0%), from €56,686 to €23,817
- Current assets -€6,945
down €6,945 (-26.6%), from €26,088 to €19,143
of which Receivables within one year: -€4,750
- Debts within one year -€76,726
down €76,726 (-63.3%), from €121,155 to €44,428
- Profit (loss) carried forward +€36,912
up €36,912 (+35.8%), from -€103,031 to -€66,119
- Gross operating margin +€6,805
up €6,805 (+10.7%), from €63,586 to €70,391
- Depreciation -€3,586
down €3,586 (-9.8%), from €36,455 to €32,869
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,774 | €45,959 | -€39,814 | -46.4% |
| Fixed assets | 21/28 | €59,686 | €26,817 | -€32,869 | -55.1% |
| Tangible fixed assets | 22/27 | €56,686 | €23,817 | -€32,869 | -58.0% |
| Plant, machinery and equipment | 23 | - | €23,817 | +€23,817 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €26,088 | €19,143 | -€6,945 | -26.6% |
| Amounts receivable within one year | 40/41 | €23,373 | €18,623 | -€4,750 | -20.3% |
| Trade receivables | 40 | - | €18,030 | +€18,030 | |
| Other amounts receivable | 41 | - | €593 | +€593 | |
| Cash at bank and in hand | 54/58 | €2,445 | €240 | -€2,205 | -90.2% |
| Deferred charges and accrued income | 490/1 | - | €280 | +€280 | |
| Total equity and liabilities | 10/49 | €85,774 | €45,959 | -€39,814 | -46.4% |
| Equity | 10/15 | -€35,381 | €1,531 | +€36,912 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | - | €61,500 | +€61,500 | |
| Issued capital | 100 | - | €61,500 | +€61,500 | |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €6,150 | +€6,150 | |
| Legal reserve | 130 | - | €6,150 | +€6,150 | |
| Profit (loss) carried forward | 14 | -€103,031 | -€66,119 | +€36,912 | +35.8% |
| Amounts payable | 17/49 | €121,155 | €44,428 | -€76,726 | -63.3% |
| Amounts payable within one year | 42/48 | €121,155 | €44,428 | -€76,726 | -63.3% |
| Current portion of amounts payable after more than one year | 42 | - | €12,078 | +€12,078 | |
| Trade debts | 44 | €35,024 | €20,582 | -€14,442 | -41.2% |
| Suppliers | 440/4 | - | €20,582 | +€20,582 | |
| Taxes, remuneration and social security | 45 | - | €3,777 | +€3,777 | |
| Taxes | 450/3 | - | €3,777 | +€3,777 | |
| Other amounts payable | 47/48 | - | €7,990 | +€7,990 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,455 | €32,869 | -€3,586 | -9.8% |
| Other operating charges | 640/8 | - | €522 | +€522 | |
| Gross operating margin | 9900 | €63,586 | €70,391 | +€6,805 | +10.7% |
| Operating profit (loss) | 9901 | €25,695 | €37,000 | +€11,305 | +44.0% |
| Financial charges | 65/66B | - | €88 | +€88 | |
| Recurring financial charges | 65 | €75 | €88 | +€13 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €25,620 | €36,912 | +€11,292 | +44.1% |
| Profit (loss) for the period | 9904 | €25,620 | €36,912 | +€11,292 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,620 | €36,912 | +€11,292 | +44.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2021 and 31 March 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.