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BE CORRECT: 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

BE CORRECT

BE 0861.441.261
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
-€2,075
2022 · -€17,281+€15,206
Equity
€15,172
2022 · €17,247-€2,075
Cash
€17,924
2022 · €15,804+€2,120
Balance sheet total
€17,924
2022 · €17,579+€345

Largest movements

2022 to 2023
Assets
  • Cash +€2,120

    up €2,120 (+13.4%), from €15,804 to €17,924

    mainly Other debts (+€2,752) and Depreciation (+€1,775)

  • Tangible fixed assets -€1,775

    no longer reported in 2023 (was €1,775)

Equity and liabilities
  • Other debts +€2,752

    new in 2023: €2,752

  • Profit (loss) carried forward -€2,075

    down €2,075 (-153.4%), from -€1,353 to -€3,428

  • Trade debts -€332

    no longer reported in 2023 (was €332)

Income statement
  • Financial charges -€12,576

    down €12,576 (-98.5%), from €12,767 to €191

  • Gross operating margin +€2,109

    no longer reported in 2023 (was -€2,109)

  • Other operating charges -€341

    down €341 (-75.8%), from €450 to €109

  • Depreciation -€180

    down €180 (-9.2%), from €1,955 to €1,775

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 -€17,281
Depreciation +€180
Other operating charges +€341
Other operating items +€2,109
Financial charges +€12,576
Result 2023 -€2,075

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 +€2,120
Investment €0
Financing €0
Cash 2022 €15,804
Net result for the year -€2,075
Depreciation +€1,775
Trade debts -€332
Other debts +€2,752
Cash 2023 €17,924
Every line side by side 26 lines
Line Code 2022 2023 Change %
Total assets 20/58 €17,579 €17,924 +€345 +2.0%
Fixed assets 21/28 €1,775 - -€1,775
Tangible fixed assets 22/27 €1,775 - -€1,775
Furniture and vehicles 24 €1,775 - -€1,775
Current assets 29/58 €15,804 €17,924 +€2,120 +13.4%
Cash at bank and in hand 54/58 €15,804 €17,924 +€2,120 +13.4%
Total equity and liabilities 10/49 €17,579 €17,924 +€345 +2.0%
Equity 10/15 €17,247 €15,172 -€2,075 -12.0%
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%
Profit (loss) carried forward 14 -€1,353 -€3,428 -€2,075 -153.4%
Amounts payable 17/49 €332 €2,752 +€2,420 +728.9%
Amounts payable within one year 42/48 €332 €2,752 +€2,420 +728.9%
Trade debts 44 €332 - -€332
Suppliers 440/4 €332 - -€332
Other amounts payable 47/48 - €2,752 +€2,752
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,955 €1,775 -€180 -9.2%
Other operating charges 640/8 €450 €109 -€341 -75.8%
Gross operating margin 9900 -€2,109 - +€2,109
Operating profit (loss) 9901 -€4,514 -€1,884 +€2,630 +58.3%
Financial charges 65/66B €12,767 €191 -€12,576 -98.5%
Recurring financial charges 65 €12,767 €191 -€12,576 -98.5%
Profit (loss) for the period before taxes 9903 -€17,281 -€2,075 +€15,206 +88.0%
Profit (loss) for the period 9904 -€17,281 -€2,075 +€15,206 +88.0%
Profit (loss) for the period to be appropriated 9905 -€17,281 -€2,075 +€15,206 +88.0%

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 30 September 2026 via checked.be.