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BundaEvents: 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.

What changed

BundaEvents

BE 0686.793.652
NACE 90.391, Promotion and organisation of arts and performing arts events
financial year 2023 compared with 2021not consecutivefiled annual accounts (NBB)
Net result for the year
-€1,292
2021 · -€4,775+€3,483
Equity
€20,086
2021 · €50,558-€30,471
Cash
€8
2021 · €32,051-€32,043
Balance sheet total
€28,574
2021 · €60,934-€32,360

Largest movements

2021 to 2023
Assets
  • Cash -€32,043

    down €32,043 (-100.0%), from €32,051 to €8

  • Receivables within one year +€12,912

    up €12,912 (+84.2%), from €15,341 to €28,253

    of which Other amounts receivable: +€24,976

  • Stocks and contracts -€7,726

    no longer reported in 2023 (was €7,726)

  • Tangible fixed assets -€4,501

    no longer reported in 2023 (was €4,501)

    of which Plant, machinery and equipment: -€4,501

Equity and liabilities
  • Profit (loss) carried forward -€30,471

    down €30,471 (-120%), from -€25,442 to -€55,914

  • Advances received -€4,972

    no longer reported in 2023 (was €4,972)

  • Other debts +€4,014

    up €4,014 (+164%), from €2,441 to €6,455

  • Trade debts -€931

    down €931 (-31.4%), from €2,964 to €2,032

Income statement
  • Depreciation -€6,136

    down €6,136 (-100%), from €6,136 to €0

  • Gross operating margin -€2,696

    down €2,696, from €1,877 to -€818

  • Other operating charges -€55

    down €55 (-13.6%), from €402 to €348

From the 2021 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 2021 -€4,775
Gross operating margin -€2,696
Depreciation +€6,136
Other operating charges +€55
Financial charges -€12
Result 2023 -€1,292
raises the resultlowers the result

Derived cash bridge

cash 2021 to 2023

A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

Every line side by side 37 lines
Line Code 2021 2023 Change %
Total assets 20/58 €60,934 €28,574 -€32,360 -53.1%
Formation expenses 20 €873 €313 -€560 -64.1%
Fixed assets 21/28 €4,944 - -€4,944
Intangible fixed assets 21 €443 - -€443
Tangible fixed assets 22/27 €4,501 - -€4,501
Plant, machinery and equipment 23 €4,501 - -€4,501
Furniture and vehicles 24 €0 - =
Current assets 29/58 €55,118 €28,261 -€26,857 -48.7%
Amounts receivable after more than one year 29 €0 - =
Other amounts receivable 291 €0 - =
Stocks and contracts in progress 3 €7,726 - -€7,726
Stocks 30/36 €7,726 - -€7,726
Amounts receivable within one year 40/41 €15,341 €28,253 +€12,912 +84.2%
Trade receivables 40 €12,064 - -€12,064
Other amounts receivable 41 €3,277 €28,253 +€24,976 +762%
Cash at bank and in hand 54/58 €32,051 €8 -€32,043 -100.0%
Total equity and liabilities 10/49 €60,934 €28,574 -€32,360 -53.1%
Equity 10/15 €50,558 €20,086 -€30,471 -60.3%
Contributions 10/11 €76,000 €76,000 = 0.0%
Profit (loss) carried forward 14 -€25,442 -€55,914 -€30,471 -120%
Amounts payable 17/49 €10,377 €8,488 -€1,889 -18.2%
Amounts payable within one year 42/48 €10,377 €8,488 -€1,889 -18.2%
Trade debts 44 €2,964 €2,032 -€931 -31.4%
Suppliers 440/4 €2,964 €2,032 -€931 -31.4%
Advances received on contracts in progress 46 €4,972 - -€4,972
Other amounts payable 47/48 €2,441 €6,455 +€4,014 +164%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,136 €0 -€6,136 -100%
Other operating charges 640/8 €402 €348 -€55 -13.6%
Gross operating margin 9900 €1,877 -€818 -€2,696
Operating profit (loss) 9901 -€4,661 -€1,166 +€3,495 +75.0%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €114 €127 +€12 +10.9%
Recurring financial charges 65 €114 €127 +€12 +10.9%
Profit (loss) for the period before taxes 9903 -€4,775 -€1,292 +€3,483 +72.9%
Profit (loss) for the period 9904 -€4,775 -€1,292 +€3,483 +72.9%
Profit (loss) for the period to be appropriated 9905 -€4,775 -€1,292 +€3,483 +72.9%

Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.