BEST WAY: 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.
BEST WAY
Largest movements
- Receivables within one year -€46,592
down €46,592 (-76.8%), from €60,664 to €14,072
of which Other amounts receivable: -€27,595
- Cash -€4,636
down €4,636 (-77.9%), from €5,948 to €1,312
mainly Net result for the year (-€25,249) and Trade debts (-€10,446)
- Stocks and contracts +€4,113
up €4,113 (+42.1%), from €9,767 to €13,880
- Profit (loss) carried forward -€25,249
down €25,249, from €21,951 to -€3,298
- Trade debts -€10,446
down €10,446 (-49.1%), from €21,258 to €10,813
- Short-term financial debts -€4,812
no longer reported in 2023 (was €4,812)
- Accrued charges and deferred income -€3,516
no longer reported in 2023 (was €3,516)
- Tax, wage and social debts -€3,455
down €3,455 (-49.4%), from €6,991 to €3,535
of which Taxes: -€3,455
- Gross operating margin -€42,200
down €42,200, from €24,688 to -€17,512
- Staff costs -€8,407
down €8,407 (-97.6%), from €8,616 to €209
- Other operating charges +€1,328
up €1,328 (+32.2%), from €4,120 to €5,448
- Taxes -€1,105
down €1,105 (-82.0%), from €1,347 to €242
- Financial charges -€342
down €342 (-20.4%), from €1,679 to €1,337
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 | €78,989 | €31,510 | -€47,479 | -60.1% |
| Fixed assets | 21/28 | €1,867 | €1,367 | -€500 | -26.8% |
| Tangible fixed assets | 22/27 | €1,500 | €1,000 | -€500 | -33.3% |
| Other tangible fixed assets | 26 | €1,500 | €1,000 | -€500 | -33.3% |
| Financial fixed assets | 28 | €367 | €367 | = | 0.0% |
| Current assets | 29/58 | €77,122 | €30,143 | -€46,979 | -60.9% |
| Stocks and contracts in progress | 3 | €9,767 | €13,880 | +€4,113 | +42.1% |
| Stocks | 30/36 | €9,767 | €13,880 | +€4,113 | +42.1% |
| Amounts receivable within one year | 40/41 | €60,664 | €14,072 | -€46,592 | -76.8% |
| Trade receivables | 40 | €18,997 | - | -€18,997 | |
| Other amounts receivable | 41 | €41,667 | €14,072 | -€27,595 | -66.2% |
| Cash at bank and in hand | 54/58 | €5,948 | €1,312 | -€4,636 | -77.9% |
| Deferred charges and accrued income | 490/1 | €743 | €879 | +€137 | +18.4% |
| Total equity and liabilities | 10/49 | €78,989 | €31,510 | -€47,479 | -60.1% |
| Equity | 10/15 | €42,411 | €17,162 | -€25,249 | -59.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €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% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,951 | -€3,298 | -€25,249 | |
| Amounts payable | 17/49 | €36,578 | €14,348 | -€22,230 | -60.8% |
| Amounts payable within one year | 42/48 | €33,062 | €14,348 | -€18,714 | -56.6% |
| Financial debts | 43 | €4,812 | - | -€4,812 | |
| Credit institutions | 430/8 | €4,812 | - | -€4,812 | |
| Trade debts | 44 | €21,258 | €10,813 | -€10,446 | -49.1% |
| Suppliers | 440/4 | €21,258 | €10,813 | -€10,446 | -49.1% |
| Taxes, remuneration and social security | 45 | €6,991 | €3,535 | -€3,455 | -49.4% |
| Taxes | 450/3 | €6,636 | €3,181 | -€3,455 | -52.1% |
| Remuneration and social security | 454/9 | €354 | €354 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,516 | - | -€3,516 | |
| Remuneration, social security and pensions | 62 | €8,616 | €209 | -€8,407 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €500 | = | 0.0% |
| Other operating charges | 640/8 | €4,120 | €5,448 | +€1,328 | +32.2% |
| Gross operating margin | 9900 | €24,688 | -€17,512 | -€42,200 | |
| Operating profit (loss) | 9901 | €11,452 | -€23,670 | -€35,121 | |
| Financial charges | 65/66B | €1,679 | €1,337 | -€342 | -20.4% |
| Recurring financial charges | 65 | €1,679 | €1,337 | -€342 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €9,772 | -€25,007 | -€34,779 | |
| Income taxes | 67/77 | €1,347 | €242 | -€1,105 | -82.0% |
| Profit (loss) for the period | 9904 | €8,425 | -€25,249 | -€33,674 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,425 | -€25,249 | -€33,674 |
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 23 October 2026 via checked.be.