4COMTRADE: 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.
4COMTRADE
Largest movements
- Cash -€28,559
down €28,559 (-73.8%), from €38,723 to €10,163
mainly Tax, wage and social debts (-€13,609) and Other debts (-€13,268)
- Receivables within one year +€1,937
up €1,937 (+3.5%), from €54,622 to €56,559
of which Other amounts receivable: +€5,732
- Tax, wage and social debts -€13,609
down €13,609 (-83.4%), from €16,318 to €2,709
of which Taxes: -€11,547
- Other debts -€13,268
no longer reported in 2023 (was €13,268)
- Trade debts +€3,710
new in 2023: €3,710
- Profit (loss) carried forward -€3,455
new in 2023: -€3,455
- Other operating charges +€9,122
up €9,122 (+895.7%), from €1,018 to €10,140
- Staff costs -€7,563
down €7,563 (-22.3%), from €33,967 to €26,404
- Gross operating margin -€7,246
down €7,246 (-21.3%), from €33,976 to €26,730
- Taxes -€1,961
down €1,961 (-39.2%), from -€5,000 to -€6,961
- Financial charges -€1,707
down €1,707 (-73.9%), from €2,309 to €602
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 | €143,345 | €116,723 | -€26,622 | -18.6% |
| Fixed assets | 21/28 | €50,000 | €50,000 | = | 0.0% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €93,345 | €66,723 | -€26,622 | -28.5% |
| Amounts receivable within one year | 40/41 | €54,622 | €56,559 | +€1,937 | +3.5% |
| Trade receivables | 40 | €3,795 | - | -€3,795 | |
| Other amounts receivable | 41 | €50,827 | €56,559 | +€5,732 | +11.3% |
| Cash at bank and in hand | 54/58 | €38,723 | €10,163 | -€28,559 | -73.8% |
| Total equity and liabilities | 10/49 | €143,345 | €116,723 | -€26,622 | -18.6% |
| Equity | 10/15 | €113,759 | €110,304 | -€3,455 | -3.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €95,167 | €95,167 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Own shares acquired | 1312 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €93,307 | €93,307 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,455 | -€3,455 | |
| Amounts payable | 17/49 | €29,586 | €6,419 | -€23,167 | -78.3% |
| Amounts payable within one year | 42/48 | €29,586 | €6,419 | -€23,167 | -78.3% |
| Trade debts | 44 | - | €3,710 | +€3,710 | |
| Suppliers | 440/4 | - | €3,710 | +€3,710 | |
| Taxes, remuneration and social security | 45 | €16,318 | €2,709 | -€13,609 | -83.4% |
| Taxes | 450/3 | €13,311 | €1,764 | -€11,547 | -86.8% |
| Remuneration and social security | 454/9 | €3,007 | €945 | -€2,062 | -68.6% |
| Other amounts payable | 47/48 | €13,268 | - | -€13,268 | |
| Remuneration, social security and pensions | 62 | €33,967 | €26,404 | -€7,563 | -22.3% |
| Other operating charges | 640/8 | €1,018 | €10,140 | +€9,122 | +895.7% |
| Gross operating margin | 9900 | €33,976 | €26,730 | -€7,246 | -21.3% |
| Operating profit (loss) | 9901 | -€1,010 | -€9,814 | -€8,804 | -871.7% |
| Financial charges | 65/66B | €2,309 | €602 | -€1,707 | -73.9% |
| Recurring financial charges | 65 | €2,309 | €602 | -€1,707 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,319 | -€10,416 | -€7,098 | -213.9% |
| Income taxes | 67/77 | -€5,000 | -€6,961 | -€1,961 | -39.2% |
| Profit (loss) for the period | 9904 | €1,681 | -€3,455 | -€5,136 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,681 | -€3,455 | -€5,136 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.