BELGOCAN: 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.
BELGOCAN
Largest movements
- Tangible fixed assets -€1,900
down €1,900 (-66.6%), from €2,853 to €953
- Receivables within one year +€1,708
up €1,708 (+42.2%), from €4,050 to €5,758
of which Other amounts receivable: +€3,666
- Cash +€420
up €420 (+105%), from €400 to €820
mainly Net result for the year (+€2,199) and Depreciation (+€1,900)
- Trade debts -€2,366
down €2,366 (-98.9%), from €2,393 to €27
- Profit (loss) carried forward +€2,199
up €2,199, from -€1,319 to €880
- Tax, wage and social debts +€411
new in 2023: €411
- Taxes +€411
new in 2023: €411
- Other operating charges +€244
new in 2023: €244
- Gross operating margin -€237
down €237 (-4.7%), from €5,060 to €4,823
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.
Derived cash bridge
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 | €7,302 | €7,531 | +€228 | +3.1% |
| Fixed assets | 21/28 | €2,853 | €953 | -€1,900 | -66.6% |
| Tangible fixed assets | 22/27 | €2,853 | €953 | -€1,900 | -66.6% |
| Furniture and vehicles | 24 | €2,853 | €953 | -€1,900 | -66.6% |
| Current assets | 29/58 | €4,450 | €6,578 | +€2,128 | +47.8% |
| Amounts receivable within one year | 40/41 | €4,050 | €5,758 | +€1,708 | +42.2% |
| Trade receivables | 40 | €1,958 | - | -€1,958 | |
| Other amounts receivable | 41 | €2,092 | €5,758 | +€3,666 | +175% |
| Cash at bank and in hand | 54/58 | €400 | €820 | +€420 | +105% |
| Total equity and liabilities | 10/49 | €7,302 | €7,531 | +€228 | +3.1% |
| Equity | 10/15 | €4,893 | €7,092 | +€2,199 | +44.9% |
| Contributions | 10/11 | €6,212 | €6,212 | = | 0.0% |
| Contributions outside capital | 11 | €6,212 | - | -€6,212 | |
| Other | 1109/19 | €6,212 | - | -€6,212 | |
| Profit (loss) carried forward | 14 | -€1,319 | €880 | +€2,199 | |
| Amounts payable | 17/49 | €2,409 | €439 | -€1,970 | -81.8% |
| Amounts payable within one year | 42/48 | €2,409 | €439 | -€1,970 | -81.8% |
| Trade debts | 44 | €2,393 | €27 | -€2,366 | -98.9% |
| Suppliers | 440/4 | €2,393 | €27 | -€2,366 | -98.9% |
| Advances received on contracts in progress | 46 | €16 | - | -€16 | |
| Taxes, remuneration and social security | 45 | - | €411 | +€411 | |
| Taxes | 450/3 | - | €411 | +€411 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,900 | €1,900 | = | 0.0% |
| Other operating charges | 640/8 | - | €244 | +€244 | |
| Gross operating margin | 9900 | €5,060 | €4,823 | -€237 | -4.7% |
| Operating profit (loss) | 9901 | €3,160 | €2,679 | -€481 | -15.2% |
| Financial charges | 65/66B | €20 | €70 | +€50 | +258% |
| Recurring financial charges | 65 | €20 | €70 | +€50 | +258% |
| Profit (loss) for the period before taxes | 9903 | €3,141 | €2,610 | -€531 | -16.9% |
| Income taxes | 67/77 | - | €411 | +€411 | |
| Profit (loss) for the period | 9904 | €3,141 | €2,199 | -€942 | -30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,141 | €2,199 | -€942 | -30.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.