B.I.S.H.: 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.I.S.H.
Largest movements
- Tangible fixed assets +€342,680
up €342,680 (+3,115%), from €11,000 to €353,680
of which Land and buildings: +€325,895
- Cash -€46,775
down €46,775 (-50.1%), from €93,440 to €46,664
- Receivables within one year +€43,748
up €43,748 (+366%), from €11,952 to €55,700
of which Other amounts receivable: +€41,000
- Receivables after one year +€30,383
up €30,383 (+47.9%), from €63,401 to €93,784
- Deferred charges and accrued income +€9,147
up €9,147 (+527%), from €1,737 to €10,884
- Debts after one year +€298,519
new in 2023: €298,519
- Profit (loss) carried forward +€64,555
up €64,555 (+41.5%), from €155,593 to €220,148
- Current portion of long-term debt +€21,517
new in 2023: €21,517
- Depreciation +€16,708
up €16,708 (+301%), from €5,544 to €22,253
- Taxes +€11,066
up €11,066 (+77.3%), from €14,322 to €25,388
- Financial charges +€5,103
up €5,103 (+3,202%), from €159 to €5,262
- Gross operating margin -€4,861
down €4,861 (-6.0%), from €80,659 to €75,798
- Other operating charges +€1,601
up €1,601 (+547%), from €292 to €1,893
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 | €182,960 | €562,279 | +€379,319 | +207% |
| Fixed assets | 21/28 | €11,000 | €353,680 | +€342,680 | +3,115% |
| Tangible fixed assets | 22/27 | €11,000 | €353,680 | +€342,680 | +3,115% |
| Land and buildings | 22 | €6,000 | €331,895 | +€325,895 | +5,432% |
| Plant, machinery and equipment | 23 | €3,779 | €19,450 | +€15,671 | +415% |
| Furniture and vehicles | 24 | €1,221 | €2,335 | +€1,114 | +91.2% |
| Current assets | 29/58 | €171,960 | €208,599 | +€36,640 | +21.3% |
| Amounts receivable after more than one year | 29 | €63,401 | €93,784 | +€30,383 | +47.9% |
| Other amounts receivable | 291 | €63,401 | €93,784 | +€30,383 | +47.9% |
| Stocks and contracts in progress | 3 | €1,430 | €1,567 | +€137 | +9.6% |
| Stocks | 30/36 | €1,430 | €1,567 | +€137 | +9.6% |
| Amounts receivable within one year | 40/41 | €11,952 | €55,700 | +€43,748 | +366% |
| Trade receivables | 40 | €10,791 | €13,539 | +€2,748 | +25.5% |
| Other amounts receivable | 41 | €1,161 | €42,161 | +€41,000 | +3,532% |
| Cash at bank and in hand | 54/58 | €93,440 | €46,664 | -€46,775 | -50.1% |
| Deferred charges and accrued income | 490/1 | €1,737 | €10,884 | +€9,147 | +527% |
| Total equity and liabilities | 10/49 | €182,960 | €562,279 | +€379,319 | +207% |
| Equity | 10/15 | €176,053 | €240,608 | +€64,555 | +36.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €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% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,593 | €220,148 | +€64,555 | +41.5% |
| Amounts payable | 17/49 | €6,907 | €321,671 | +€314,764 | +4,557% |
| Amounts payable after more than one year | 17 | - | €298,519 | +€298,519 | |
| Financial debts | 170/4 | - | €298,519 | +€298,519 | |
| Amounts payable within one year | 42/48 | €6,907 | €23,151 | +€16,245 | +235% |
| Current portion of amounts payable after more than one year | 42 | - | €21,517 | +€21,517 | |
| Trade debts | 44 | €477 | - | -€477 | |
| Suppliers | 440/4 | €477 | - | -€477 | |
| Taxes, remuneration and social security | 45 | €4,760 | €1,635 | -€3,125 | -65.7% |
| Taxes | 450/3 | €4,760 | €1,635 | -€3,125 | -65.7% |
| Other amounts payable | 47/48 | €1,670 | - | -€1,670 | |
| Remuneration, social security and pensions | 62 | - | €597 | +€597 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,544 | €22,253 | +€16,708 | +301% |
| Other operating charges | 640/8 | €292 | €1,893 | +€1,601 | +547% |
| Gross operating margin | 9900 | €80,659 | €75,798 | -€4,861 | -6.0% |
| Operating profit (loss) | 9901 | €74,822 | €51,055 | -€23,767 | -31.8% |
| Financial income | 75/76B | €3,859 | €4,840 | +€981 | +25.4% |
| Recurring financial income | 75 | €3,859 | €4,840 | +€981 | +25.4% |
| Financial charges | 65/66B | €159 | €5,262 | +€5,103 | +3,202% |
| Recurring financial charges | 65 | €159 | €5,262 | +€5,103 | +3,202% |
| Profit (loss) for the period before taxes | 9903 | €78,521 | €50,632 | -€27,889 | -35.5% |
| Income taxes | 67/77 | €14,322 | €25,388 | +€11,066 | +77.3% |
| Profit (loss) for the period | 9904 | €64,199 | €25,244 | -€38,955 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €64,199 | €25,244 | -€38,955 | -60.7% |
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 31 October 2026 via checked.be.