AÏTZINA MANAGEMENT CONSULTING: what changed
AÏTZINA MANAGEMENT CONSULTING
Largest movements
- Current investments +€50,000
new in 2023: €50,000
- Cash -€34,046
down €34,046 (-25.7%), from €132,587 to €98,541
mainly Current investments (-€50,000) and Tax, wage and social debts (-€18,845)
- Receivables within one year -€31,615
down €31,615 (-97.2%), from €32,534 to €919
of which Trade receivables: -€31,784
- Tangible fixed assets -€8,229
down €8,229 (-31.9%), from €25,823 to €17,594
- Tax, wage and social debts -€18,845
down €18,845 (-44.7%), from €42,171 to €23,326
- Profit (loss) carried forward +€11,275
up €11,275 (+9.3%), from €120,916 to €132,191
- Other debts -€8,469
down €8,469 (-69.2%), from €12,230 to €3,761
- Debts after one year -€4,706
no longer reported in 2023 (was €4,706)
- Current portion of long-term debt -€3,813
down €3,813 (-41.0%), from €9,307 to €5,494
- Gross operating margin -€89,263
down €89,263 (-67.4%), from €132,492 to €43,229
- Taxes -€16,806
down €16,806 (-83.8%), from €20,066 to €3,260
- Other operating charges -€10,317
down €10,317 (-33.9%), from €30,467 to €20,150
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €191,661 | €167,805 | -€23,855 | -12.4% |
| Fixed assets | 21/28 | €25,823 | €17,594 | -€8,229 | -31.9% |
| Tangible fixed assets | 22/27 | €25,823 | €17,594 | -€8,229 | -31.9% |
| Furniture and vehicles | 24 | €25,823 | €17,594 | -€8,229 | -31.9% |
| Current assets | 29/58 | €165,838 | €150,211 | -€15,626 | -9.4% |
| Amounts receivable within one year | 40/41 | €32,534 | €919 | -€31,615 | -97.2% |
| Trade receivables | 40 | €32,534 | €750 | -€31,784 | -97.7% |
| Other amounts receivable | 41 | - | €169 | +€169 | |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €132,587 | €98,541 | -€34,046 | -25.7% |
| Deferred charges and accrued income | 490/1 | €717 | €751 | +€34 | +4.8% |
| Total equity and liabilities | 10/49 | €191,661 | €167,805 | -€23,855 | -12.4% |
| Equity | 10/15 | €123,116 | €134,391 | +€11,275 | +9.2% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,916 | €132,191 | +€11,275 | +9.3% |
| Amounts payable | 17/49 | €68,545 | €33,414 | -€35,130 | -51.3% |
| Amounts payable after more than one year | 17 | €4,706 | - | -€4,706 | |
| Financial debts | 170/4 | €4,706 | - | -€4,706 | |
| Amounts payable within one year | 42/48 | €63,839 | €33,414 | -€30,424 | -47.7% |
| Current portion of amounts payable after more than one year | 42 | €9,307 | €5,494 | -€3,813 | -41.0% |
| Trade debts | 44 | €130 | €833 | +€703 | +540% |
| Suppliers | 440/4 | €130 | €833 | +€703 | +540% |
| Taxes, remuneration and social security | 45 | €42,171 | €23,326 | -€18,845 | -44.7% |
| Taxes | 450/3 | €42,171 | €23,326 | -€18,845 | -44.7% |
| Other amounts payable | 47/48 | €12,230 | €3,761 | -€8,469 | -69.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,814 | €8,229 | +€415 | +5.3% |
| Other operating charges | 640/8 | €30,467 | €20,150 | -€10,317 | -33.9% |
| Gross operating margin | 9900 | €132,492 | €43,229 | -€89,263 | -67.4% |
| Operating profit (loss) | 9901 | €94,212 | €14,850 | -€79,361 | -84.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €334 | €315 | -€19 | -5.7% |
| Recurring financial charges | 65 | €334 | €315 | -€19 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €93,878 | €14,535 | -€79,342 | -84.5% |
| Income taxes | 67/77 | €20,066 | €3,260 | -€16,806 | -83.8% |
| Profit (loss) for the period | 9904 | €73,812 | €11,275 | -€62,536 | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,812 | €11,275 | -€62,536 | -84.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.