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B.FOX: 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.

What changed

B.FOX

BE 0768.967.302
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
€15,345
2022 · €31,726-€16,381
Equity
€50,071
2022 · €34,726+€15,345
Cash
€70,054
2022 · €73,624-€3,570
Balance sheet total
€92,525
2022 · €104,682-€12,157

Largest movements

2022 to 2023
Assets
  • Tangible fixed assets -€8,664

    down €8,664 (-27.9%), from €31,058 to €22,394

  • Cash -€3,570

    down €3,570 (-4.8%), from €73,624 to €70,054

    mainly Tax, wage and social debts (-€20,034) and Debts after one year (-€6,028)

Equity and liabilities
  • Tax, wage and social debts -€20,034

    down €20,034 (-68.3%), from €29,331 to €9,297

    of which Remuneration and social security: -€11,490

  • Profit (loss) carried forward +€15,345

    up €15,345 (+48.8%), from €31,426 to €46,771

  • Debts after one year -€6,028

    down €6,028 (-39.7%), from €15,181 to €9,152

  • Trade debts -€4,344

    down €4,344 (-97.1%), from €4,474 to €130

  • Other debts +€2,846

    up €2,846 (+19.0%), from €15,000 to €17,846

Income statement
  • Turnover -€52,720

    down €52,720 (-35.5%), from €148,634 to €95,914

  • Gross operating margin -€28,056

    down €28,056 (-49.1%), from €57,124 to €29,067

  • Purchases and services -€24,663

    down €24,663 (-27.0%), from €91,510 to €66,847

  • Depreciation -€5,726

    down €5,726 (-39.0%), from €14,693 to €8,966

  • Taxes -€4,305

    down €4,305 (-51.6%), from €8,341 to €4,036

From the 2022 result to the 2023 result

effect on the 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.

Result 2022 €31,726
Gross operating margin -€28,056
Depreciation +€5,726
Other operating charges +€1,464
Financial income -€125
Financial charges +€306
Taxes +€4,305
Result 2023 €15,345

Cash bridge derived

cash 2022 to 2023

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.

From operations +€2,703
Investment -€302
Financing -€5,971
Cash 2022 €73,624
Net result for the year +€15,345
Depreciation +€8,966
Deferred charges and accrued income -€77
Trade debts -€4,344
Tax, wage and social debts -€20,034
Other debts +€2,846
Investment in fixed assets (net) -€302
Debts after one year -€6,028
Current portion of long-term debt +€58
Cash 2023 €70,054
Every line side by side 42 lines
Line Code 2022 2023 Change %
Total assets 20/58 €104,682 €92,525 -€12,157 -11.6%
Fixed assets 21/28 €31,058 €22,394 -€8,664 -27.9%
Tangible fixed assets 22/27 €31,058 €22,394 -€8,664 -27.9%
Furniture and vehicles 24 €31,058 €22,394 -€8,664 -27.9%
Current assets 29/58 €73,624 €70,131 -€3,493 -4.7%
Cash at bank and in hand 54/58 €73,624 €70,054 -€3,570 -4.8%
Deferred charges and accrued income 490/1 - €77 +€77
Total equity and liabilities 10/49 €104,682 €92,525 -€12,157 -11.6%
Equity 10/15 €34,726 €50,071 +€15,345 +44.2%
Contributions 10/11 €3,000 €3,000 = 0.0%
Capital 10 €3,000 €3,000 = 0.0%
Issued capital 100 €3,000 €3,000 = 0.0%
Reserves 13 €300 €300 = 0.0%
Non-distributable reserves 130/1 €300 €300 = 0.0%
Legal reserve 130 €300 €300 = 0.0%
Profit (loss) carried forward 14 €31,426 €46,771 +€15,345 +48.8%
Amounts payable 17/49 €69,956 €42,454 -€27,502 -39.3%
Amounts payable after more than one year 17 €15,181 €9,152 -€6,028 -39.7%
Financial debts 170/4 €15,181 €9,152 -€6,028 -39.7%
Amounts payable within one year 42/48 €54,775 €33,301 -€21,474 -39.2%
Current portion of amounts payable after more than one year 42 €5,971 €6,028 +€58 +1.0%
Trade debts 44 €4,474 €130 -€4,344 -97.1%
Suppliers 440/4 €4,474 €130 -€4,344 -97.1%
Taxes, remuneration and social security 45 €29,331 €9,297 -€20,034 -68.3%
Taxes 450/3 €14,841 €6,297 -€8,544 -57.6%
Remuneration and social security 454/9 €14,490 €3,000 -€11,490 -79.3%
Other amounts payable 47/48 €15,000 €17,846 +€2,846 +19.0%
Turnover 70 €148,634 €95,914 -€52,720 -35.5%
Non-recurring operating income 76A - €302 +€302
Goods, raw materials, services and sundry goods 60/61 €91,510 €66,847 -€24,663 -27.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,693 €8,966 -€5,726 -39.0%
Other operating charges 640/8 €2,170 €706 -€1,464 -67.5%
Gross operating margin 9900 €57,124 €29,067 -€28,056 -49.1%
Operating profit (loss) 9901 €40,262 €19,395 -€20,867 -51.8%
Financial income 75/76B €420 €295 -€125 -29.8%
Recurring financial income 75 €420 €295 -€125 -29.8%
Financial charges 65/66B €615 €309 -€306 -49.8%
Recurring financial charges 65 €615 €309 -€306 -49.8%
Profit (loss) for the period before taxes 9903 €40,067 €19,381 -€20,686 -51.6%
Income taxes 67/77 €8,341 €4,036 -€4,305 -51.6%
Profit (loss) for the period 9904 €31,726 €15,345 -€16,381 -51.6%
Profit (loss) for the period to be appropriated 9905 €31,726 €15,345 -€16,381 -51.6%

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 29 September 2026 via checked.be.