BRUNO PATTE: 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.
BRUNO PATTE
Largest movements
- Receivables within one year -€25,861
down €25,861 (-75.4%), from €34,296 to €8,435
of which Trade receivables: -€21,772
- Tangible fixed assets -€16,434
down €16,434 (-89.2%), from €18,423 to €1,989
of which Leasing and similar rights: -€15,428
- Cash -€1,881
down €1,881 (-24.9%), from €7,545 to €5,664
mainly Net result for the year (-€32,404) and Debts after one year (-€9,732)
- Deferred charges and accrued income +€715
up €715 (+30.9%), from €2,313 to €3,028
- Profit (loss) carried forward -€32,404
down €32,404 (-244.1%), from -€13,275 to -€45,679
- Debts after one year -€9,732
no longer reported in 2023 (was €9,732)
- Current portion of long-term debt -€5,762
no longer reported in 2023 (was €5,762)
- Other debts +€5,706
up €5,706 (+55.0%), from €10,370 to €16,077
- Tax, wage and social debts -€962
down €962 (-29.4%), from €3,270 to €2,308
- Gross operating margin -€24,403
down €24,403, from €1,671 to -€22,732
- Depreciation -€5,442
down €5,442 (-65.6%), from €8,298 to €2,856
- Other operating charges +€3,415
up €3,415 (+129.5%), from €2,636 to €6,051
- Financial income +€423
up €423 (+243.5%), from €174 to €596
- Staff costs +€400
new in 2023: €400
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.
Cash bridge derived
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 | €62,770 | €19,309 | -€43,461 | -69.2% |
| Fixed assets | 21/28 | €18,615 | €2,182 | -€16,434 | -88.3% |
| Tangible fixed assets | 22/27 | €18,423 | €1,989 | -€16,434 | -89.2% |
| Plant, machinery and equipment | 23 | €810 | €1,989 | +€1,179 | +145.6% |
| Furniture and vehicles | 24 | €243 | - | -€243 | |
| Leasing and similar rights | 25 | €15,428 | - | -€15,428 | |
| Other tangible fixed assets | 26 | €1,942 | - | -€1,942 | |
| Financial fixed assets | 28 | €193 | €193 | = | 0.0% |
| Current assets | 29/58 | €44,154 | €17,127 | -€27,028 | -61.2% |
| Amounts receivable within one year | 40/41 | €34,296 | €8,435 | -€25,861 | -75.4% |
| Trade receivables | 40 | €28,481 | €6,709 | -€21,772 | -76.4% |
| Other amounts receivable | 41 | €5,815 | €1,725 | -€4,090 | -70.3% |
| Cash at bank and in hand | 54/58 | €7,545 | €5,664 | -€1,881 | -24.9% |
| Deferred charges and accrued income | 490/1 | €2,313 | €3,028 | +€715 | +30.9% |
| Total equity and liabilities | 10/49 | €62,770 | €19,309 | -€43,461 | -69.2% |
| Equity | 10/15 | €31,401 | -€1,003 | -€32,404 | |
| Contributions | 10/11 | €8,953 | €8,953 | = | 0.0% |
| Reserves | 13 | €35,723 | €35,723 | = | 0.0% |
| Distributable reserves | 133 | €35,723 | €35,723 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,275 | -€45,679 | -€32,404 | -244.1% |
| Amounts payable | 17/49 | €31,369 | €20,312 | -€11,058 | -35.2% |
| Amounts payable after more than one year | 17 | €9,732 | - | -€9,732 | |
| Financial debts | 170/4 | €9,732 | - | -€9,732 | |
| Amounts payable within one year | 42/48 | €21,408 | €20,082 | -€1,326 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €5,762 | - | -€5,762 | |
| Trade debts | 44 | €2,005 | €1,698 | -€307 | -15.3% |
| Suppliers | 440/4 | €2,005 | €1,698 | -€307 | -15.3% |
| Taxes, remuneration and social security | 45 | €3,270 | €2,308 | -€962 | -29.4% |
| Taxes | 450/3 | €3,270 | €2,308 | -€962 | -29.4% |
| Other amounts payable | 47/48 | €10,370 | €16,077 | +€5,706 | +55.0% |
| Accrued charges and deferred income | 492/3 | €229 | €229 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,298 | €2,856 | -€5,442 | -65.6% |
| Other operating charges | 640/8 | €2,636 | €6,051 | +€3,415 | +129.5% |
| Gross operating margin | 9900 | €1,671 | -€22,732 | -€24,403 | |
| Operating profit (loss) | 9901 | -€9,263 | -€32,040 | -€22,777 | -245.9% |
| Financial income | 75/76B | €174 | €596 | +€423 | +243.5% |
| Recurring financial income | 75 | €174 | €596 | +€423 | +243.5% |
| Financial charges | 65/66B | €541 | €650 | +€109 | +20.1% |
| Recurring financial charges | 65 | €541 | €650 | +€109 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,631 | -€32,094 | -€22,463 | -233.2% |
| Income taxes | 67/77 | €275 | €310 | +€35 | +12.7% |
| Profit (loss) for the period | 9904 | -€9,906 | -€32,404 | -€22,498 | -227.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,906 | -€32,404 | -€22,498 | -227.1% |
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 8 October 2026 via checked.be.