PWS heroes: what changed
Two fiscal 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.
PWS heroes
Largest movements
- Tangible fixed assets -€11,904
down €11,904 (-12.0%), from €99,269 to €87,365
of which Land and buildings: -€12,469
- Cash +€8,555
up €8,555 (+7753.3%), from €110 to €8,665
mainly Trade debts (+€20,529) and Other debts (+€15,849)
- Trade debts +€20,529
up €20,529 (+1608.5%), from €1,276 to €21,805
- Other debts +€15,849
up €15,849 (+25.3%), from €62,671 to €78,520
- Profit (loss) carried forward -€15,371
down €15,371 (-13.2%), from -€116,183 to -€131,554
- Current portion of long-term debt -€15,250
down €15,250 (-40.7%), from €37,491 to €22,241
- Debts after one year -€9,160
down €9,160 (-10.0%), from €91,414 to €82,254
- Gross operating margin -€17,321
down €17,321 (-51.3%), from €33,756 to €16,434
- Taxes +€6,817
new in 2023: €6,817
- Other operating charges +€1,942
up €1,942 (+199.7%), from €973 to €2,914
- Financial charges +€1,061
up €1,061 (+12.7%), from €8,327 to €9,388
From the 2022 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,080 | €98,727 | -€3,354 | -3.3% |
| Fixed assets | 21/28 | €99,269 | €87,365 | -€11,904 | -12.0% |
| Tangible fixed assets | 22/27 | €99,269 | €87,365 | -€11,904 | -12.0% |
| Land and buildings | 22 | €99,269 | €86,801 | -€12,469 | -12.6% |
| Furniture and vehicles | 24 | - | €565 | +€565 | |
| Current assets | 29/58 | €2,811 | €11,362 | +€8,550 | +304.2% |
| Amounts receivable within one year | 40/41 | €2,701 | €2,696 | -€5 | -0.2% |
| Trade receivables | 40 | - | €655 | +€655 | |
| Other amounts receivable | 41 | €2,701 | €2,042 | -€659 | -24.4% |
| Cash at bank and in hand | 54/58 | €110 | €8,665 | +€8,555 | +7753.3% |
| Total equity and liabilities | 10/49 | €102,080 | €98,727 | -€3,354 | -3.3% |
| Equity | 10/15 | -€97,583 | -€112,954 | -€15,371 | -15.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,183 | -€131,554 | -€15,371 | -13.2% |
| Amounts payable | 17/49 | €199,663 | €211,681 | +€12,017 | +6.0% |
| Amounts payable after more than one year | 17 | €91,414 | €82,254 | -€9,160 | -10.0% |
| Financial debts | 170/4 | €91,414 | €82,254 | -€9,160 | -10.0% |
| Amounts payable within one year | 42/48 | €106,997 | €129,427 | +€22,430 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €37,491 | €22,241 | -€15,250 | -40.7% |
| Financial debts | 43 | €1,966 | - | -€1,966 | |
| Credit institutions | 430/8 | €1,966 | - | -€1,966 | |
| Trade debts | 44 | €1,276 | €21,805 | +€20,529 | +1608.5% |
| Suppliers | 440/4 | €1,276 | €21,805 | +€20,529 | +1608.5% |
| Taxes, remuneration and social security | 45 | €3,591 | €6,860 | +€3,269 | +91.0% |
| Taxes | 450/3 | €3,591 | €6,860 | +€3,269 | +91.0% |
| Other amounts payable | 47/48 | €62,671 | €78,520 | +€15,849 | +25.3% |
| Accrued charges and deferred income | 492/3 | €1,253 | - | -€1,253 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,469 | €12,686 | +€217 | +1.7% |
| Other operating charges | 640/8 | €973 | €2,914 | +€1,942 | +199.7% |
| Gross operating margin | 9900 | €33,756 | €16,434 | -€17,321 | -51.3% |
| Operating profit (loss) | 9901 | €20,314 | €834 | -€19,481 | -95.9% |
| Financial charges | 65/66B | €8,327 | €9,388 | +€1,061 | +12.7% |
| Recurring financial charges | 65 | €8,327 | €9,388 | +€1,061 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €11,988 | -€8,554 | -€20,542 | |
| Income taxes | 67/77 | - | €6,817 | +€6,817 | |
| Profit (loss) for the period | 9904 | €11,988 | -€15,371 | -€27,358 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,988 | -€15,371 | -€27,358 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.