23: 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.
23
Largest movements
- Current assets -€7,742
down €7,742 (-12.0%), from €64,291 to €56,550
- Debts within one year -€9,209
down €9,209 (-37.4%), from €24,594 to €15,385
- Equity +€1,259
up €1,259 (+3.2%), from €39,906 to €41,165
of which Reserves: +€1,259
- Gross operating margin +€2,080
up €2,080 (+446%), from €466 to €2,546
- Taxes +€479
new in 2017: €479
From the 2016 result to the 2017 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 | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,499 | €56,550 | -€7,950 | -12.3% |
| Fixed assets | 21/28 | €208 | - | -€208 | |
| Tangible fixed assets | 22/27 | €208 | - | -€208 | |
| Current assets | 29/58 | €64,291 | €56,550 | -€7,742 | -12.0% |
| Stocks and contracts in progress | 3 | €400 | - | -€400 | |
| Amounts receivable within one year | 40/41 | €58,392 | €55,060 | -€3,333 | -5.7% |
| Cash at bank and in hand | 54/58 | €966 | €1,439 | +€473 | +49.0% |
| Total equity and liabilities | 10/49 | €64,499 | €56,550 | -€7,950 | -12.3% |
| Equity | 10/15 | €39,906 | €41,165 | +€1,259 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,306 | €22,565 | +€1,259 | +5.9% |
| Profit (loss) carried forward | 14 | €16,181 | - | -€16,181 | |
| Amounts payable | 17/49 | €24,594 | €15,385 | -€9,209 | -37.4% |
| Amounts payable within one year | 42/48 | €24,594 | €15,385 | -€9,209 | -37.4% |
| Trade debts | 44 | €5,141 | €4,563 | -€578 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €208 | €208 | -€0 | 0.0% |
| Gross operating margin | 9900 | €466 | €2,546 | +€2,080 | +446% |
| Operating profit (loss) | 9901 | €47 | €1,956 | +€1,909 | +4,065% |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Recurring financial charges | 65 | €82 | €227 | +€145 | +177% |
| Profit (loss) for the period before taxes | 9903 | -€35 | €1,738 | +€1,773 | |
| Income taxes | 67/77 | - | €479 | +€479 | |
| Profit (loss) for the period | 9904 | -€35 | €1,259 | +€1,294 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35 | €1,259 | +€1,294 |
Source: filed annual accounts (NBB), financial years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.