9it: 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.
9it
Largest movements
- Tangible fixed assets -€121,403
down €121,403 (-85.6%), from €141,833 to €20,430
of which Land and buildings: -€107,904
- Receivables within one year +€24,006
up €24,006 (+115.7%), from €20,749 to €44,756
of which Trade receivables: +€25,913
- Debts after one year -€95,636
down €95,636 (-60.1%), from €159,113 to €63,477
- Other debts +€44,456
up €44,456 (+2514.2%), from €1,768 to €46,224
- Tax, wage and social debts -€24,866
down €24,866 (-68.4%), from €36,357 to €11,491
- Reserves -€23,873
down €23,873 (-23.7%), from €100,534 to €76,662
of which Distributable reserves: -€23,873
- Trade debts +€7,050
up €7,050 (+532.3%), from €1,324 to €8,374
- Gross operating margin -€46,015
down €46,015, from €39,732 to -€6,283
- Depreciation -€6,766
down €6,766 (-33.4%), from €20,265 to €13,499
- Taxes -€3,482
down €3,482 (-96.2%), from €3,619 to €137
- Other operating charges -€1,171
down €1,171 (-22.1%), from €5,289 to €4,118
- Financial charges -€509
down €509 (-8.1%), from €6,288 to €5,779
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 | €348,877 | €252,122 | -€96,755 | -27.7% |
| Fixed assets | 21/28 | €141,833 | €20,430 | -€121,403 | -85.6% |
| Tangible fixed assets | 22/27 | €141,833 | €20,430 | -€121,403 | -85.6% |
| Land and buildings | 22 | €107,904 | - | -€107,904 | |
| Furniture and vehicles | 24 | €418 | - | -€418 | |
| Leasing and similar rights | 25 | €30,645 | €20,430 | -€10,215 | -33.3% |
| Other tangible fixed assets | 26 | €2,866 | - | -€2,866 | |
| Current assets | 29/58 | €207,044 | €231,692 | +€24,648 | +11.9% |
| Amounts receivable after more than one year | 29 | €180,626 | €180,626 | = | 0.0% |
| Other amounts receivable | 291 | €180,626 | €180,626 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,749 | €44,756 | +€24,006 | +115.7% |
| Trade receivables | 40 | €16,868 | €42,781 | +€25,913 | +153.6% |
| Other amounts receivable | 41 | €3,881 | €1,975 | -€1,906 | -49.1% |
| Cash at bank and in hand | 54/58 | €167 | €806 | +€639 | +383.3% |
| Deferred charges and accrued income | 490/1 | €5,502 | €5,505 | +€3 | 0.0% |
| Total equity and liabilities | 10/49 | €348,877 | €252,122 | -€96,755 | -27.7% |
| Equity | 10/15 | €110,534 | €86,662 | -€23,873 | -21.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €100,534 | €76,662 | -€23,873 | -23.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €98,674 | €74,802 | -€23,873 | -24.2% |
| Amounts payable | 17/49 | €238,342 | €165,460 | -€72,882 | -30.6% |
| Amounts payable after more than one year | 17 | €159,113 | €63,477 | -€95,636 | -60.1% |
| Financial debts | 170/4 | €159,113 | €63,477 | -€95,636 | -60.1% |
| Amounts payable within one year | 42/48 | €78,409 | €101,163 | +€22,754 | +29.0% |
| Current portion of amounts payable after more than one year | 42 | €38,318 | €34,457 | -€3,861 | -10.1% |
| Financial debts | 43 | €641 | €617 | -€24 | -3.8% |
| Credit institutions | 430/8 | €641 | €617 | -€24 | -3.8% |
| Trade debts | 44 | €1,324 | €8,374 | +€7,050 | +532.3% |
| Suppliers | 440/4 | €1,324 | €8,374 | +€7,050 | +532.3% |
| Taxes, remuneration and social security | 45 | €36,357 | €11,491 | -€24,866 | -68.4% |
| Taxes | 450/3 | €36,357 | €11,491 | -€24,866 | -68.4% |
| Other amounts payable | 47/48 | €1,768 | €46,224 | +€44,456 | +2514.2% |
| Accrued charges and deferred income | 492/3 | €821 | €821 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,265 | €13,499 | -€6,766 | -33.4% |
| Other operating charges | 640/8 | €5,289 | €4,118 | -€1,171 | -22.1% |
| Gross operating margin | 9900 | €39,732 | -€6,283 | -€46,015 | |
| Operating profit (loss) | 9901 | €14,178 | -€23,900 | -€38,078 | |
| Financial income | 75/76B | €5,490 | €5,943 | +€452 | +8.2% |
| Recurring financial income | 75 | €5,490 | €5,943 | +€452 | +8.2% |
| Financial charges | 65/66B | €6,288 | €5,779 | -€509 | -8.1% |
| Recurring financial charges | 65 | €6,288 | €5,779 | -€509 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €13,380 | -€23,736 | -€37,116 | |
| Income taxes | 67/77 | €3,619 | €137 | -€3,482 | -96.2% |
| Profit (loss) for the period | 9904 | €9,761 | -€23,873 | -€33,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,761 | -€23,873 | -€33,634 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.