BUSINESS MIND.BE: 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.
BUSINESS MIND.BE
Largest movements
- Receivables within one year +€120,877
up €120,877 (+339%), from €35,683 to €156,560
of which Trade receivables: +€119,346
- Debts after one year -€124,760
down €124,760 (-22.3%), from €559,383 to €434,623
of which Other amounts payable: -€92,972
- Other debts +€109,132
up €109,132 (+59.0%), from €184,900 to €294,032
- Reserves +€58,500
up €58,500 (+16.8%), from €348,210 to €406,710
of which Distributable reserves: +€58,500
- Trade debts +€31,820
up €31,820 (+202%), from €15,773 to €47,593
- Tax, wage and social debts +€25,065
up €25,065 (+57.8%), from €43,368 to €68,433
- Financial income -€60,263
down €60,263 (-100.0%), from €60,264 to €1
- Gross operating margin +€6,265
up €6,265 (+6.0%), from €104,628 to €110,893
- Taxes -€4,904
down €4,904 (-16.4%), from €29,906 to €25,002
- Other operating charges +€3,839
up €3,839 (+77.3%), from €4,967 to €8,805
- Financial charges +€2,679
up €2,679 (+17.0%), from €15,731 to €18,410
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 | €1,279,487 | €1,391,171 | +€111,684 | +8.7% |
| Fixed assets | 21/28 | €1,234,357 | €1,234,277 | -€80 | 0.0% |
| Tangible fixed assets | 22/27 | €703 | €623 | -€80 | -11.4% |
| Furniture and vehicles | 24 | €703 | €623 | -€80 | -11.4% |
| Financial fixed assets | 28 | €1,233,654 | €1,233,654 | = | 0.0% |
| Current assets | 29/58 | €45,131 | €156,894 | +€111,764 | +248% |
| Amounts receivable within one year | 40/41 | €35,683 | €156,560 | +€120,877 | +339% |
| Trade receivables | 40 | €6,497 | €125,843 | +€119,346 | +1,837% |
| Other amounts receivable | 41 | €29,185 | €30,716 | +€1,531 | +5.2% |
| Cash at bank and in hand | 54/58 | €9,356 | €13 | -€9,343 | -99.9% |
| Deferred charges and accrued income | 490/1 | €92 | €322 | +€229 | +249% |
| Total equity and liabilities | 10/49 | €1,279,487 | €1,391,171 | +€111,684 | +8.7% |
| Equity | 10/15 | €363,153 | €421,749 | +€58,596 | +16.1% |
| Contributions | 10/11 | €14,874 | €14,874 | = | 0.0% |
| Reserves | 13 | €348,210 | €406,710 | +€58,500 | +16.8% |
| 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 | €346,350 | €404,850 | +€58,500 | +16.9% |
| Profit (loss) carried forward | 14 | €69 | €165 | +€96 | +139% |
| Amounts payable | 17/49 | €916,335 | €969,423 | +€53,088 | +5.8% |
| Amounts payable after more than one year | 17 | €559,383 | €434,623 | -€124,760 | -22.3% |
| Financial debts | 170/4 | €114,538 | €82,750 | -€31,788 | -27.8% |
| Other amounts payable | 178/9 | €444,845 | €351,873 | -€92,972 | -20.9% |
| Amounts payable within one year | 42/48 | €349,313 | €527,186 | +€177,873 | +50.9% |
| Current portion of amounts payable after more than one year | 42 | €105,272 | €117,127 | +€11,855 | +11.3% |
| Trade debts | 44 | €15,773 | €47,593 | +€31,820 | +202% |
| Suppliers | 440/4 | €15,773 | €47,593 | +€31,820 | +202% |
| Taxes, remuneration and social security | 45 | €43,368 | €68,433 | +€25,065 | +57.8% |
| Taxes | 450/3 | €43,368 | €68,433 | +€25,065 | +57.8% |
| Other amounts payable | 47/48 | €184,900 | €294,032 | +€109,132 | +59.0% |
| Accrued charges and deferred income | 492/3 | €7,639 | €7,614 | -€25 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80 | €80 | = | 0.0% |
| Other operating charges | 640/8 | €4,967 | €8,805 | +€3,839 | +77.3% |
| Gross operating margin | 9900 | €104,628 | €110,893 | +€6,265 | +6.0% |
| Operating profit (loss) | 9901 | €99,581 | €102,008 | +€2,427 | +2.4% |
| Financial income | 75/76B | €60,264 | €1 | -€60,263 | -100.0% |
| Recurring financial income | 75 | €60,264 | €1 | -€60,263 | -100.0% |
| Financial charges | 65/66B | €15,731 | €18,410 | +€2,679 | +17.0% |
| Recurring financial charges | 65 | €15,731 | €18,410 | +€2,679 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €144,114 | €83,598 | -€60,516 | -42.0% |
| Income taxes | 67/77 | €29,906 | €25,002 | -€4,904 | -16.4% |
| Profit (loss) for the period | 9904 | €114,207 | €58,596 | -€55,611 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €114,207 | €58,596 | -€55,611 | -48.7% |
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 22 October 2026 via checked.be.