A & A: 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.
A & A
Largest movements
- Tangible fixed assets -€10,226
down €10,226 (-30.9%), from €33,129 to €22,903
of which Furniture and vehicles: -€5,253
- Deferred charges and accrued income -€563
no longer reported in 2023 (was €563)
- Tax, wage and social debts -€7,769
down €7,769 (-83.7%), from €9,277 to €1,508
- Trade debts -€2,242
down €2,242 (-62.1%), from €3,613 to €1,371
- Other debts -€1,297
down €1,297 (-9.7%), from €13,393 to €12,096
- Gross operating margin +€6,173
up €6,173 (+46.9%), from €13,156 to €19,329
- Financial charges +€6,125
up €6,125 (+316.4%), from €1,936 to €8,061
of which Non-recurring financial charges: +€7,533
- Other operating charges -€3,306
down €3,306 (-75.8%), from €4,361 to €1,055
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 | €50,411 | €39,091 | -€11,320 | -22.5% |
| Fixed assets | 21/28 | €35,026 | €24,800 | -€10,226 | -29.2% |
| Tangible fixed assets | 22/27 | €33,129 | €22,903 | -€10,226 | -30.9% |
| Land and buildings | 22 | €17,516 | €14,597 | -€2,919 | -16.7% |
| Plant, machinery and equipment | 23 | €5,660 | €3,607 | -€2,053 | -36.3% |
| Furniture and vehicles | 24 | €9,952 | €4,699 | -€5,253 | -52.8% |
| Financial fixed assets | 28 | €1,897 | €1,897 | = | 0.0% |
| Current assets | 29/58 | €15,385 | €14,291 | -€1,094 | -7.1% |
| Amounts receivable within one year | 40/41 | €14,692 | €14,199 | -€494 | -3.4% |
| Trade receivables | 40 | €14,075 | €13,890 | -€185 | -1.3% |
| Other amounts receivable | 41 | €617 | €309 | -€309 | -50.0% |
| Cash at bank and in hand | 54/58 | €129 | €92 | -€37 | -28.8% |
| Deferred charges and accrued income | 490/1 | €563 | - | -€563 | |
| Total equity and liabilities | 10/49 | €50,411 | €39,091 | -€11,320 | -22.5% |
| Equity | 10/15 | €24,129 | €24,117 | -€12 | -0.1% |
| Contributions | 10/11 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,269 | €22,257 | -€12 | -0.1% |
| Amounts payable | 17/49 | €26,283 | €14,975 | -€11,308 | -43.0% |
| Amounts payable within one year | 42/48 | €26,283 | €14,975 | -€11,308 | -43.0% |
| Trade debts | 44 | €3,613 | €1,371 | -€2,242 | -62.1% |
| Suppliers | 440/4 | €3,613 | €1,371 | -€2,242 | -62.1% |
| Taxes, remuneration and social security | 45 | €9,277 | €1,508 | -€7,769 | -83.7% |
| Taxes | 450/3 | €9,277 | €1,508 | -€7,769 | -83.7% |
| Other amounts payable | 47/48 | €13,393 | €12,096 | -€1,297 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,226 | €10,226 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,361 | €1,055 | -€3,306 | -75.8% |
| Non-recurring operating charges | 66A | €10,055 | - | -€10,055 | |
| Gross operating margin | 9900 | €13,156 | €19,329 | +€6,173 | +46.9% |
| Operating profit (loss) | 9901 | -€11,485 | €8,049 | +€19,534 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,936 | €8,061 | +€6,125 | +316.4% |
| Recurring financial charges | 65 | €1,936 | €528 | -€1,408 | -72.7% |
| Non-recurring financial charges | 66B | - | €7,533 | +€7,533 | |
| Profit (loss) for the period before taxes | 9903 | -€13,421 | -€12 | +€13,409 | +99.9% |
| Income taxes | 67/77 | €104 | - | -€104 | |
| Profit (loss) for the period | 9904 | -€13,525 | -€12 | +€13,513 | +99.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,525 | -€12 | +€13,513 | +99.9% |
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 9 October 2026 via checked.be.