AUGUST & JUNE: 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.
AUGUST & JUNE
Largest movements
- Intangible fixed assets -€28,500
no longer reported in 2023 (was €28,500)
- Tangible fixed assets -€24,847
down €24,847 (-13.4%), from €185,775 to €160,928
of which Furniture and vehicles: -€18,966
- Receivables within one year -€23,484
down €23,484 (-80.7%), from €29,097 to €5,613
of which Trade receivables: -€26,797
- Stocks and contracts -€3,580
down €3,580 (-27.8%), from €12,863 to €9,283
- Trade debts -€37,378
down €37,378 (-49.0%), from €76,262 to €38,884
- Advances received -€30,000
no longer reported in 2023 (was €30,000)
- Debts after one year -€23,051
down €23,051 (-23.6%), from €97,773 to €74,722
- Profit (loss) carried forward +€14,072
up €14,072 (+41.9%), from €33,571 to €47,643
- Tax, wage and social debts -€3,865
down €3,865 (-66.6%), from €5,804 to €1,939
of which Remuneration and social security: -€4,315
- Gross operating margin +€27,014
up €27,014 (+95.1%), from €28,403 to €55,417
- Other operating charges -€3,908
down €3,908 (-45.8%), from €8,526 to €4,618
- Taxes +€1,939
new in 2023: €1,939
- Financial charges +€1,909
up €1,909 (+20.6%), from €9,286 to €11,195
- Depreciation +€965
up €965 (+4.3%), from €22,629 to €23,594
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 | €286,181 | €207,196 | -€78,985 | -27.6% |
| Fixed assets | 21/28 | €216,195 | €162,848 | -€53,347 | -24.7% |
| Intangible fixed assets | 21 | €28,500 | - | -€28,500 | |
| Tangible fixed assets | 22/27 | €185,775 | €160,928 | -€24,847 | -13.4% |
| Land and buildings | 22 | €125,481 | €121,099 | -€4,382 | -3.5% |
| Plant, machinery and equipment | 23 | €2,276 | €778 | -€1,498 | -65.8% |
| Furniture and vehicles | 24 | €58,018 | €39,052 | -€18,966 | -32.7% |
| Financial fixed assets | 28 | €1,920 | €1,920 | = | 0.0% |
| Current assets | 29/58 | €69,986 | €44,347 | -€25,638 | -36.6% |
| Stocks and contracts in progress | 3 | €12,863 | €9,283 | -€3,580 | -27.8% |
| Stocks | 30/36 | €12,863 | €9,283 | -€3,580 | -27.8% |
| Amounts receivable within one year | 40/41 | €29,097 | €5,613 | -€23,484 | -80.7% |
| Trade receivables | 40 | €27,804 | €1,007 | -€26,797 | -96.4% |
| Other amounts receivable | 41 | €1,293 | €4,605 | +€3,313 | +256% |
| Cash at bank and in hand | 54/58 | €27,614 | €28,764 | +€1,151 | +4.2% |
| Deferred charges and accrued income | 490/1 | €412 | €687 | +€275 | +66.9% |
| Total equity and liabilities | 10/49 | €286,181 | €207,196 | -€78,985 | -27.6% |
| Equity | 10/15 | €54,031 | €68,103 | +€14,072 | +26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,571 | €47,643 | +€14,072 | +41.9% |
| Amounts payable | 17/49 | €232,150 | €139,093 | -€93,057 | -40.1% |
| Amounts payable after more than one year | 17 | €97,773 | €74,722 | -€23,051 | -23.6% |
| Financial debts | 170/4 | €97,773 | €74,722 | -€23,051 | -23.6% |
| Amounts payable within one year | 42/48 | €134,276 | €64,371 | -€69,905 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €22,211 | €23,549 | +€1,337 | +6.0% |
| Trade debts | 44 | €76,262 | €38,884 | -€37,378 | -49.0% |
| Suppliers | 440/4 | €76,262 | €38,884 | -€37,378 | -49.0% |
| Advances received on contracts in progress | 46 | €30,000 | - | -€30,000 | |
| Taxes, remuneration and social security | 45 | €5,804 | €1,939 | -€3,865 | -66.6% |
| Taxes | 450/3 | €1,489 | €1,939 | +€450 | +30.2% |
| Remuneration and social security | 454/9 | €4,315 | - | -€4,315 | |
| Accrued charges and deferred income | 492/3 | €101 | - | -€101 | |
| Remuneration, social security and pensions | 62 | €137 | - | -€137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,629 | €23,594 | +€965 | +4.3% |
| Other operating charges | 640/8 | €8,526 | €4,618 | -€3,908 | -45.8% |
| Non-recurring operating charges | 66A | €1,500 | - | -€1,500 | |
| Gross operating margin | 9900 | €28,403 | €55,417 | +€27,014 | +95.1% |
| Operating profit (loss) | 9901 | -€4,389 | €27,206 | +€31,595 | |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €9,286 | €11,195 | +€1,909 | +20.6% |
| Recurring financial charges | 65 | €9,286 | €11,195 | +€1,909 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,667 | €16,011 | +€29,678 | |
| Income taxes | 67/77 | - | €1,939 | +€1,939 | |
| Profit (loss) for the period | 9904 | -€13,667 | €14,072 | +€27,739 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,667 | €14,072 | +€27,739 |
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 17 October 2026 via checked.be.