ALL AREAS: 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.
ALL AREAS
Largest movements
- Tangible fixed assets -€13,250
down €13,250 (-10.4%), from €127,024 to €113,774
of which Land and buildings: -€7,207
- Deferred charges and accrued income -€10,619
no longer reported in 2023 (was €10,619)
- Receivables within one year +€7,867
up €7,867 (+58.5%), from €13,457 to €21,325
of which Other amounts receivable: +€9,728
- Cash +€4,763
up €4,763 (+11.8%), from €40,248 to €45,011
mainly Other debts (+€39,705) and Net result for the year (+€13,365)
- Other debts +€39,705
new in 2023: €39,705
- Reserves -€25,484
down €25,484 (-32.9%), from €77,415 to €51,931
of which Distributable reserves: -€23,584
- Trade debts -€13,511
down €13,511 (-69.4%), from €19,457 to €5,946
- Debts after one year -€13,483
down €13,483 (-21.2%), from €63,481 to €49,997
- Tax, wage and social debts +€8,025
up €8,025 (+84.7%), from €9,474 to €17,499
of which Taxes: +€6,363
- Gross operating margin +€19,286
up €19,286 (+103%), from €18,643 to €37,928
- Taxes +€4,549
up €4,549, from -€427 to €4,122
- Staff costs -€2,757
down €2,757 (-59.4%), from €4,640 to €1,883
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.
Derived cash bridge
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 | €200,665 | €190,925 | -€9,740 | -4.9% |
| Fixed assets | 21/28 | €130,924 | €117,674 | -€13,250 | -10.1% |
| Tangible fixed assets | 22/27 | €127,024 | €113,774 | -€13,250 | -10.4% |
| Land and buildings | 22 | €115,095 | €107,888 | -€7,207 | -6.3% |
| Plant, machinery and equipment | 23 | €2,423 | €1,802 | -€621 | -25.6% |
| Furniture and vehicles | 24 | €2,119 | €1,168 | -€951 | -44.9% |
| Other tangible fixed assets | 26 | €7,388 | €2,915 | -€4,473 | -60.5% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €69,741 | €73,251 | +€3,510 | +5.0% |
| Stocks and contracts in progress | 3 | €5,417 | €6,915 | +€1,498 | +27.7% |
| Stocks | 30/36 | €5,417 | €6,915 | +€1,498 | +27.7% |
| Amounts receivable within one year | 40/41 | €13,457 | €21,325 | +€7,867 | +58.5% |
| Trade receivables | 40 | €2,700 | €840 | -€1,860 | -68.9% |
| Other amounts receivable | 41 | €10,757 | €20,485 | +€9,728 | +90.4% |
| Cash at bank and in hand | 54/58 | €40,248 | €45,011 | +€4,763 | +11.8% |
| Deferred charges and accrued income | 490/1 | €10,619 | - | -€10,619 | |
| Total equity and liabilities | 10/49 | €200,665 | €190,925 | -€9,740 | -4.9% |
| Equity | 10/15 | €89,779 | €64,296 | -€25,484 | -28.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €77,415 | €51,931 | -€25,484 | -32.9% |
| Non-distributable reserves | 130/1 | €1,900 | - | -€1,900 | |
| Reserves not available under the articles | 1311 | €1,900 | - | -€1,900 | |
| Distributable reserves | 133 | €75,515 | €51,931 | -€23,584 | -31.2% |
| Profit (loss) carried forward | 14 | -€6,636 | -€6,636 | = | 0.0% |
| Amounts payable | 17/49 | €110,886 | €126,629 | +€15,744 | +14.2% |
| Amounts payable after more than one year | 17 | €63,481 | €49,997 | -€13,483 | -21.2% |
| Financial debts | 170/4 | €63,481 | €49,997 | -€13,483 | -21.2% |
| Amounts payable within one year | 42/48 | €42,214 | €76,632 | +€34,418 | +81.5% |
| Current portion of amounts payable after more than one year | 42 | €13,284 | €13,483 | +€199 | +1.5% |
| Trade debts | 44 | €19,457 | €5,946 | -€13,511 | -69.4% |
| Suppliers | 440/4 | €19,457 | €5,946 | -€13,511 | -69.4% |
| Taxes, remuneration and social security | 45 | €9,474 | €17,499 | +€8,025 | +84.7% |
| Taxes | 450/3 | €6,313 | €12,676 | +€6,363 | +101% |
| Remuneration and social security | 454/9 | €3,161 | €4,823 | +€1,662 | +52.6% |
| Other amounts payable | 47/48 | - | €39,705 | +€39,705 | |
| Accrued charges and deferred income | 492/3 | €5,191 | - | -€5,191 | |
| Remuneration, social security and pensions | 62 | €4,640 | €1,883 | -€2,757 | -59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,605 | €13,250 | -€354 | -2.6% |
| Other operating charges | 640/8 | €4,256 | €3,982 | -€275 | -6.5% |
| Gross operating margin | 9900 | €18,643 | €37,928 | +€19,286 | +103% |
| Operating profit (loss) | 9901 | -€3,858 | €18,814 | +€22,671 | |
| Financial income | 75/76B | - | €70 | +€70 | |
| Recurring financial income | 75 | - | €70 | +€70 | |
| Financial charges | 65/66B | €1,455 | €1,397 | -€58 | -4.0% |
| Recurring financial charges | 65 | €1,455 | €1,397 | -€58 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,313 | €17,487 | +€22,800 | |
| Income taxes | 67/77 | -€427 | €4,122 | +€4,549 | |
| Profit (loss) for the period | 9904 | -€4,886 | €13,365 | +€18,251 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,886 | €13,365 | +€18,251 |
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 15 October 2026 via checked.be.