"Aoragh Projects": 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.
"Aoragh Projects"
Largest movements
- Cash -€839
down €839 (-22.9%), from €3,673 to €2,834
mainly Net result for the year (-€955) and Contributions, distributions and other (-€50)
- Tangible fixed assets -€166
down €166 (-49.8%), from €333 to €167
- Profit (loss) carried forward -€1,005
down €1,005 (-69.9%), from -€1,438 to -€2,443
- Turnover -€9,600
no longer reported in 2023 (was €9,600)
- Purchases and services -€8,517
down €8,517 (-91.5%), from €9,307 to €789
- Gross operating margin -€1,032
down €1,032, from €293 to -€739
- Other operating charges -€237
no longer reported in 2023 (was €237)
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 | €4,006 | €3,001 | -€1,005 | -25.1% |
| Fixed assets | 21/28 | €333 | €167 | -€166 | -49.8% |
| Tangible fixed assets | 22/27 | €333 | €167 | -€166 | -49.8% |
| Plant, machinery and equipment | 23 | €333 | €167 | -€166 | -49.8% |
| Current assets | 29/58 | €3,673 | €2,834 | -€839 | -22.9% |
| Cash at bank and in hand | 54/58 | €3,673 | €2,834 | -€839 | -22.9% |
| Total equity and liabilities | 10/49 | €4,006 | €3,001 | -€1,005 | -25.1% |
| Equity | 10/15 | €1,062 | €57 | -€1,005 | -94.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | - | -€2,500 | |
| Issued capital | 100 | €2,500 | - | -€2,500 | |
| Profit (loss) carried forward | 14 | -€1,438 | -€2,443 | -€1,005 | -69.9% |
| Amounts payable | 17/49 | €2,944 | €2,944 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €2,944 | €2,944 | -€0 | 0.0% |
| Financial debts | 43 | €2,944 | €2,944 | -€0 | 0.0% |
| Other loans | 439 | €2,944 | €2,944 | -€0 | 0.0% |
| Turnover | 70 | €9,600 | - | -€9,600 | |
| Goods, raw materials, services and sundry goods | 60/61 | €9,307 | €789 | -€8,517 | -91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166 | €166 | -€0 | -0.2% |
| Other operating charges | 640/8 | €237 | - | -€237 | |
| Gross operating margin | 9900 | €293 | -€739 | -€1,032 | |
| Operating profit (loss) | 9901 | -€110 | -€905 | -€795 | -723.0% |
| Financial charges | 65/66B | €80 | €50 | -€30 | -37.8% |
| Recurring financial charges | 65 | €80 | €50 | -€30 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | -€190 | -€955 | -€765 | -401.8% |
| Profit (loss) for the period | 9904 | -€190 | -€955 | -€765 | -401.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€190 | -€955 | -€765 | -401.8% |
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 4 October 2026 via checked.be.