B&A: 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.
B&A
Largest movements
- Stocks and contracts -€38,372
no longer reported in 2023 (was €38,372)
- Cash -€11,152
down €11,152 (-67.4%), from €16,541 to €5,389
- Receivables within one year +€10,497
new in 2023: €10,497
- Tangible fixed assets -€9,597
down €9,597 (-82.5%), from €11,631 to €2,034
of which Other tangible fixed assets: -€6,402
- Profit (loss) carried forward -€112,494
down €112,494 (-137%), from -€82,105 to -€194,599
- Other debts +€67,967
up €67,967 (+259%), from €26,257 to €94,224
- Trade debts +€49,583
up €49,583 (+3,809%), from €1,302 to €50,884
- Current portion of long-term debt -€27,079
down €27,079 (-53.4%), from €50,679 to €23,600
- Debts after one year -€17,469
down €17,469 (-30.3%), from €57,714 to €40,245
- Gross operating margin +€45,484
up €45,484, from -€34,178 to €11,306
- Staff costs -€11,767
down €11,767 (-72.1%), from €16,331 to €4,564
- Other operating charges +€4,054
up €4,054 (+1,294%), from €313 to €4,367
- Financial charges -€1,585
down €1,585 (-41.2%), from €3,850 to €2,265
- Depreciation -€964
down €964 (-45.4%), from €2,124 to €1,160
From the 2021 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,277 | €31,120 | -€49,158 | -61.2% |
| Fixed assets | 21/28 | €24,831 | €15,234 | -€9,597 | -38.6% |
| Tangible fixed assets | 22/27 | €11,631 | €2,034 | -€9,597 | -82.5% |
| Furniture and vehicles | 24 | €5,229 | €2,034 | -€3,195 | -61.1% |
| Other tangible fixed assets | 26 | €6,402 | - | -€6,402 | |
| Financial fixed assets | 28 | €13,200 | €13,200 | = | 0.0% |
| Current assets | 29/58 | €55,447 | €15,886 | -€39,561 | -71.3% |
| Stocks and contracts in progress | 3 | €38,372 | - | -€38,372 | |
| Stocks | 30/36 | €38,372 | - | -€38,372 | |
| Amounts receivable within one year | 40/41 | - | €10,497 | +€10,497 | |
| Trade receivables | 40 | - | €10,497 | +€10,497 | |
| Cash at bank and in hand | 54/58 | €16,541 | €5,389 | -€11,152 | -67.4% |
| Deferred charges and accrued income | 490/1 | €534 | - | -€534 | |
| Total equity and liabilities | 10/49 | €80,277 | €31,120 | -€49,158 | -61.2% |
| Equity | 10/15 | -€67,105 | -€179,599 | -€112,494 | -168% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,105 | -€194,599 | -€112,494 | -137% |
| Amounts payable | 17/49 | €147,382 | €210,718 | +€63,336 | +43.0% |
| Amounts payable after more than one year | 17 | €57,714 | €40,245 | -€17,469 | -30.3% |
| Financial debts | 170/4 | €57,714 | €40,245 | -€17,469 | -30.3% |
| Amounts payable within one year | 42/48 | €89,668 | €170,474 | +€80,805 | +90.1% |
| Current portion of amounts payable after more than one year | 42 | €50,679 | €23,600 | -€27,079 | -53.4% |
| Trade debts | 44 | €1,302 | €50,884 | +€49,583 | +3,809% |
| Suppliers | 440/4 | €1,302 | €50,884 | +€49,583 | +3,809% |
| Taxes, remuneration and social security | 45 | €11,430 | €1,765 | -€9,665 | -84.6% |
| Taxes | 450/3 | €7,658 | €1,011 | -€6,647 | -86.8% |
| Remuneration and social security | 454/9 | €3,772 | €755 | -€3,018 | -80.0% |
| Other amounts payable | 47/48 | €26,257 | €94,224 | +€67,967 | +259% |
| Remuneration, social security and pensions | 62 | €16,331 | €4,564 | -€11,767 | -72.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,124 | €1,160 | -€964 | -45.4% |
| Other operating charges | 640/8 | €313 | €4,367 | +€4,054 | +1,294% |
| Non-recurring operating charges | 66A | - | €38,372 | +€38,372 | |
| Gross operating margin | 9900 | -€34,178 | €11,306 | +€45,484 | |
| Operating profit (loss) | 9901 | -€52,945 | -€37,157 | +€15,789 | +29.8% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €3,850 | €2,265 | -€1,585 | -41.2% |
| Recurring financial charges | 65 | €3,850 | €2,265 | -€1,585 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | -€56,792 | -€39,421 | +€17,371 | +30.6% |
| Profit (loss) for the period | 9904 | -€56,792 | -€39,421 | +€17,371 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,792 | -€39,421 | +€17,371 | +30.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.