BAIR: 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.
BAIR
Largest movements
- Receivables within one year -€15,316
down €15,316 (-68.8%), from €22,272 to €6,957
of which Other amounts receivable: -€15,316
- Deferred charges and accrued income +€2,825
new in 2023: €2,825
- Cash +€1,869
up €1,869 (+46.8%), from €3,997 to €5,866
mainly Receivables within one year (+€15,316) and Tax, wage and social debts (+€1,352)
- Tangible fixed assets -€744
down €744 (-41.7%), from €1,786 to €1,042
- Profit (loss) carried forward -€11,149
down €11,149 (-133.0%), from -€8,383 to -€19,531
- Trade debts -€1,569
down €1,569 (-14.6%), from €10,751 to €9,183
- Tax, wage and social debts +€1,352
up €1,352 (+30.1%), from €4,489 to €5,841
- Gross operating margin -€9,232
down €9,232 (-3668.0%), from -€252 to -€9,484
- Depreciation +€744
new in 2023: €744
- Other operating charges +€659
up €659 (+2306.8%), from €29 to €688
- Financial charges +€474
new in 2023: €474
- Financial income +€241
new in 2023: €241
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.
Cash bridge derived
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 | €30,382 | €19,016 | -€11,365 | -37.4% |
| Fixed assets | 21/28 | €4,112 | €3,368 | -€744 | -18.1% |
| Tangible fixed assets | 22/27 | €1,786 | €1,042 | -€744 | -41.7% |
| Other tangible fixed assets | 26 | €1,786 | €1,042 | -€744 | -41.7% |
| Financial fixed assets | 28 | €2,326 | €2,326 | = | 0.0% |
| Current assets | 29/58 | €26,269 | €15,648 | -€10,621 | -40.4% |
| Amounts receivable within one year | 40/41 | €22,272 | €6,957 | -€15,316 | -68.8% |
| Trade receivables | 40 | €2,308 | €2,308 | = | 0.0% |
| Other amounts receivable | 41 | €19,964 | €4,649 | -€15,316 | -76.7% |
| Cash at bank and in hand | 54/58 | €3,997 | €5,866 | +€1,869 | +46.8% |
| Deferred charges and accrued income | 490/1 | - | €2,825 | +€2,825 | |
| Total equity and liabilities | 10/49 | €30,382 | €19,016 | -€11,365 | -37.4% |
| Equity | 10/15 | €12,068 | €920 | -€11,149 | -92.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,383 | -€19,531 | -€11,149 | -133.0% |
| Amounts payable | 17/49 | €18,313 | €18,097 | -€217 | -1.2% |
| Amounts payable within one year | 42/48 | €18,313 | €18,097 | -€217 | -1.2% |
| Trade debts | 44 | €10,751 | €9,183 | -€1,569 | -14.6% |
| Suppliers | 440/4 | €10,751 | €9,183 | -€1,569 | -14.6% |
| Taxes, remuneration and social security | 45 | €4,489 | €5,841 | +€1,352 | +30.1% |
| Taxes | 450/3 | €4,489 | €5,841 | +€1,352 | +30.1% |
| Other amounts payable | 47/48 | €3,073 | €3,073 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €744 | +€744 | |
| Other operating charges | 640/8 | €29 | €688 | +€659 | +2306.8% |
| Gross operating margin | 9900 | -€252 | -€9,484 | -€9,232 | -3668.0% |
| Operating profit (loss) | 9901 | -€280 | -€10,916 | -€10,635 | -3794.8% |
| Financial income | 75/76B | - | €241 | +€241 | |
| Recurring financial income | 75 | - | €241 | +€241 | |
| Financial charges | 65/66B | - | €474 | +€474 | |
| Recurring financial charges | 65 | - | €474 | +€474 | |
| Profit (loss) for the period before taxes | 9903 | -€280 | -€11,149 | -€10,868 | -3877.9% |
| Profit (loss) for the period | 9904 | -€280 | -€11,149 | -€10,868 | -3877.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€280 | -€11,149 | -€10,868 | -3877.9% |
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 5 October 2026 via checked.be.