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BFix: 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

BFix

BE 0778.789.739
NACE 25.110, Manufacture of metal structures and parts of structures
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
€18,990
2022 · €22,202-€3,213
Equity
€56,192
2022 · €37,202+€18,990
Cash
€62,947
2022 · €34,008+€28,939
Balance sheet total
€142,694
2022 · €129,487+€13,206

Largest movements

2022 to 2023
Assets
  • Receivables within one year -€37,584

    down €37,584 (-65.3%), from €57,539 to €19,956

    of which Trade receivables: -€29,057

  • Cash +€28,939

    up €28,939 (+85.1%), from €34,008 to €62,947

    mainly Receivables within one year (+€37,584) and Net result for the year (+€18,990)

  • Tangible fixed assets +€16,195

    up €16,195 (+97.8%), from €16,556 to €32,752

    of which Land and buildings: +€14,630

  • Stocks and contracts +€6,074

    up €6,074 (+36.6%), from €16,576 to €22,650

Equity and liabilities
  • Trade debts -€22,033

    down €22,033 (-27.4%), from €80,317 to €58,284

  • Profit (loss) carried forward +€18,990

    up €18,990 (+124.9%), from €15,202 to €34,192

  • Other debts +€15,294

    up €15,294 (+147.3%), from €10,385 to €25,679

Income statement
  • Depreciation +€2,885

    up €2,885 (+47.8%), from €6,033 to €8,918

  • Financial charges +€878

    up €878 (+133080.3%), from €1 to €879

  • Taxes -€628

    down €628 (-11.2%), from €5,583 to €4,955

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 €22,202
Gross operating margin +€219
Depreciation -€2,885
Other operating charges -€9
Financial income -€288
Financial charges -€878
Taxes +€628
Result 2023 €18,990

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 +€53,802
Investment -€24,863
Financing €0
Cash 2022 €34,008
Net result for the year +€18,990
Depreciation +€8,918
Stocks and contracts -€6,074
Receivables within one year +€37,584
Deferred charges and accrued income +€167
Trade debts -€22,033
Tax, wage and social debts +€955
Other debts +€15,294
Investment in fixed assets (net) -€24,863
Cash 2023 €62,947
Every line side by side 42 lines
Line Code 2022 2023 Change %
Total assets 20/58 €129,487 €142,694 +€13,206 +10.2%
Fixed assets 21/28 €17,535 €33,481 +€15,945 +90.9%
Intangible fixed assets 21 €979 €729 -€250 -25.5%
Tangible fixed assets 22/27 €16,556 €32,752 +€16,195 +97.8%
Land and buildings 22 - €14,630 +€14,630
Plant, machinery and equipment 23 €3,335 €1,633 -€1,703 -51.0%
Furniture and vehicles 24 €10,453 €8,961 -€1,491 -14.3%
Other tangible fixed assets 26 €2,768 €7,528 +€4,760 +172.0%
Current assets 29/58 €111,952 €109,213 -€2,739 -2.4%
Stocks and contracts in progress 3 €16,576 €22,650 +€6,074 +36.6%
Stocks 30/36 €16,576 €22,650 +€6,074 +36.6%
Amounts receivable within one year 40/41 €57,539 €19,956 -€37,584 -65.3%
Trade receivables 40 €45,838 €16,781 -€29,057 -63.4%
Other amounts receivable 41 €11,701 €3,175 -€8,526 -72.9%
Cash at bank and in hand 54/58 €34,008 €62,947 +€28,939 +85.1%
Deferred charges and accrued income 490/1 €3,828 €3,660 -€167 -4.4%
Total equity and liabilities 10/49 €129,487 €142,694 +€13,206 +10.2%
Equity 10/15 €37,202 €56,192 +€18,990 +51.0%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €2,000 €2,000 = 0.0%
Non-distributable reserves 130/1 €2,000 €2,000 = 0.0%
Reserves not available under the articles 1311 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €15,202 €34,192 +€18,990 +124.9%
Amounts payable 17/49 €92,285 €86,502 -€5,783 -6.3%
Amounts payable within one year 42/48 €92,285 €86,502 -€5,783 -6.3%
Trade debts 44 €80,317 €58,284 -€22,033 -27.4%
Suppliers 440/4 €80,317 €58,284 -€22,033 -27.4%
Taxes, remuneration and social security 45 €1,583 €2,538 +€955 +60.4%
Taxes 450/3 €1,583 €2,538 +€955 +60.4%
Other amounts payable 47/48 €10,385 €25,679 +€15,294 +147.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,033 €8,918 +€2,885 +47.8%
Other operating charges 640/8 €1,296 €1,304 +€9 +0.7%
Gross operating margin 9900 €34,817 €35,036 +€219 +0.6%
Operating profit (loss) 9901 €27,488 €24,814 -€2,674 -9.7%
Financial income 75/76B €298 €10 -€288 -96.8%
Recurring financial income 75 €298 €10 -€288 -96.8%
Financial charges 65/66B €1 €879 +€878 +133080.3%
Recurring financial charges 65 €1 €879 +€878 +133080.3%
Profit (loss) for the period before taxes 9903 €27,785 €23,945 -€3,840 -13.8%
Income taxes 67/77 €5,583 €4,955 -€628 -11.2%
Profit (loss) for the period 9904 €22,202 €18,990 -€3,213 -14.5%
Profit (loss) for the period to be appropriated 9905 €22,202 €18,990 -€3,213 -14.5%

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 28 September 2026 via checked.be.