ARBEJDSGLAEDE: 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.
ARBEJDSGLAEDE
Largest movements
- Cash -€17,319
down €17,319 (-100.0%), from €17,321 to €2
mainly Net result for the year (-€43,395) and Tax, wage and social debts (-€20,468)
- Receivables within one year -€16,318
down €16,318 (-11.4%), from €143,606 to €127,289
of which Trade receivables: -€19,229
- Reserves -€43,395
down €43,395 (-41.4%), from €104,782 to €61,387
of which Distributable reserves: -€42,082
- Trade debts +€29,419
up €29,419 (+343%), from €8,573 to €37,992
- Tax, wage and social debts -€20,468
down €20,468 (-51.5%), from €39,753 to €19,285
of which Taxes: -€17,732
- Gross operating margin -€119,708
down €119,708, from €80,378 to -€39,330
- Taxes -€19,286
down €19,286 (-99.3%), from €19,419 to €133
- Other operating charges -€806
down €806 (-25.2%), from €3,196 to €2,390
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 | €163,108 | €128,703 | -€34,405 | -21.1% |
| Fixed assets | 21/28 | €2,181 | €1,413 | -€768 | -35.2% |
| Tangible fixed assets | 22/27 | €2,181 | €1,413 | -€768 | -35.2% |
| Plant, machinery and equipment | 23 | €560 | €448 | -€112 | -20.0% |
| Furniture and vehicles | 24 | €1,621 | €965 | -€656 | -40.5% |
| Current assets | 29/58 | €160,927 | €127,290 | -€33,637 | -20.9% |
| Amounts receivable within one year | 40/41 | €143,606 | €127,289 | -€16,318 | -11.4% |
| Trade receivables | 40 | €62,971 | €43,742 | -€19,229 | -30.5% |
| Other amounts receivable | 41 | €80,635 | €83,547 | +€2,912 | +3.6% |
| Cash at bank and in hand | 54/58 | €17,321 | €2 | -€17,319 | -100.0% |
| Total equity and liabilities | 10/49 | €163,108 | €128,703 | -€34,405 | -21.1% |
| Equity | 10/15 | €114,782 | €71,387 | -€43,395 | -37.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €104,782 | €61,387 | -€43,395 | -41.4% |
| Non-distributable reserves | 130/1 | €1,313 | €0 | -€1,313 | -100% |
| Reserves not available under the articles | 1311 | €1,313 | €0 | -€1,313 | -100% |
| Distributable reserves | 133 | €103,469 | €61,387 | -€42,082 | -40.7% |
| Amounts payable | 17/49 | €48,326 | €57,316 | +€8,990 | +18.6% |
| Amounts payable within one year | 42/48 | €48,326 | €57,316 | +€8,990 | +18.6% |
| Financial debts | 43 | - | €40 | +€40 | |
| Credit institutions | 430/8 | - | €40 | +€40 | |
| Trade debts | 44 | €8,573 | €37,992 | +€29,419 | +343% |
| Suppliers | 440/4 | €8,573 | €37,992 | +€29,419 | +343% |
| Taxes, remuneration and social security | 45 | €39,753 | €19,285 | -€20,468 | -51.5% |
| Taxes | 450/3 | €37,017 | €19,285 | -€17,732 | -47.9% |
| Remuneration and social security | 454/9 | €2,736 | €0 | -€2,736 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €980 | €769 | -€211 | -21.5% |
| Other operating charges | 640/8 | €3,196 | €2,390 | -€806 | -25.2% |
| Gross operating margin | 9900 | €80,378 | -€39,330 | -€119,708 | |
| Operating profit (loss) | 9901 | €76,202 | -€42,489 | -€118,691 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €664 | €774 | +€110 | +16.5% |
| Recurring financial charges | 65 | €664 | €774 | +€110 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €75,538 | -€43,262 | -€118,800 | |
| Income taxes | 67/77 | €19,419 | €133 | -€19,286 | -99.3% |
| Profit (loss) for the period | 9904 | €56,119 | -€43,395 | -€99,514 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,119 | -€43,395 | -€99,514 |
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.