Bianco Group: what changed
Bianco Group
Largest movements
- Receivables within one year -€37,153
down €37,153 (-24.3%), from €153,082 to €115,930
of which Trade receivables: -€34,768
- Cash -€14,637
down €14,637 (-31.6%), from €46,331 to €31,695
mainly Net result for the year (-€104,397) and Deferred charges and accrued income (-€2,986)
- Deferred charges and accrued income +€2,986
new in 2023: €2,986
- Profit (loss) carried forward -€104,397
down €104,397, from €38,747 to -€65,651
- Trade debts +€51,955
up €51,955 (+144%), from €36,006 to €87,961
- Gross operating margin -€116,787
down €116,787, from €38,456 to -€78,331
- Financial charges -€4,823
down €4,823 (-34.7%), from €13,898 to €9,076
- Staff costs -€4,660
down €4,660 (-22.4%), from €20,817 to €16,156
- Financial income +€1,724
up €1,724 (+87.0%), from €1,983 to €3,706
- Other operating charges +€1,390
up €1,390 (+138%), from €1,007 to €2,396
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €214,839 | €163,891 | -€50,948 | -23.7% |
| Fixed assets | 21/28 | €15,426 | €13,281 | -€2,145 | -13.9% |
| Tangible fixed assets | 22/27 | €15,426 | €13,281 | -€2,145 | -13.9% |
| Plant, machinery and equipment | 23 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €15,426 | €13,281 | -€2,145 | -13.9% |
| Current assets | 29/58 | €199,413 | €150,610 | -€48,803 | -24.5% |
| Amounts receivable within one year | 40/41 | €153,082 | €115,930 | -€37,153 | -24.3% |
| Trade receivables | 40 | €146,712 | €111,945 | -€34,768 | -23.7% |
| Other amounts receivable | 41 | €6,370 | €3,985 | -€2,385 | -37.4% |
| Cash at bank and in hand | 54/58 | €46,331 | €31,695 | -€14,637 | -31.6% |
| Deferred charges and accrued income | 490/1 | - | €2,986 | +€2,986 | |
| Total equity and liabilities | 10/49 | €214,839 | €163,891 | -€50,948 | -23.7% |
| Equity | 10/15 | €112,207 | €7,809 | -€104,397 | -93.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,860 | €54,860 | = | 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% |
| Distributable reserves | 133 | €53,000 | €53,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,747 | -€65,651 | -€104,397 | |
| Amounts payable | 17/49 | €102,633 | €156,082 | +€53,449 | +52.1% |
| Amounts payable within one year | 42/48 | €88,990 | €142,439 | +€53,449 | +60.1% |
| Trade debts | 44 | €36,006 | €87,961 | +€51,955 | +144% |
| Suppliers | 440/4 | €36,006 | €87,961 | +€51,955 | +144% |
| Taxes, remuneration and social security | 45 | €1,734 | €3,681 | +€1,947 | +112% |
| Taxes | 450/3 | €1,734 | €3,681 | +€1,947 | +112% |
| Other amounts payable | 47/48 | €51,250 | €50,797 | -€453 | -0.9% |
| Accrued charges and deferred income | 492/3 | €13,642 | €13,642 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €20,817 | €16,156 | -€4,660 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,641 | €2,145 | -€496 | -18.8% |
| Other operating charges | 640/8 | €1,007 | €2,396 | +€1,390 | +138% |
| Gross operating margin | 9900 | €38,456 | -€78,331 | -€116,787 | |
| Operating profit (loss) | 9901 | €13,991 | -€99,028 | -€113,020 | |
| Financial income | 75/76B | €1,983 | €3,706 | +€1,724 | +87.0% |
| Recurring financial income | 75 | €1,983 | €3,706 | +€1,724 | +87.0% |
| Financial charges | 65/66B | €13,898 | €9,076 | -€4,823 | -34.7% |
| Recurring financial charges | 65 | €13,898 | €9,076 | -€4,823 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €2,075 | -€104,397 | -€106,473 | |
| Income taxes | 67/77 | €1,328 | - | -€1,328 | |
| Profit (loss) for the period | 9904 | €748 | -€104,397 | -€105,145 | |
| Profit (loss) for the period to be appropriated | 9905 | €748 | -€104,397 | -€105,145 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.