BUY HERE: 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.
BUY HERE
Largest movements
- Cash -€111,491
down €111,491 (-99.9%), from €111,629 to €138
mainly Receivables within one year (-€106,686) and Net result for the year (-€29,766)
- Receivables within one year +€106,686
up €106,686 (+104%), from €102,124 to €208,810
of which Trade receivables: +€103,009
- Profit (loss) carried forward -€29,766
down €29,766 (-40.2%), from €74,017 to €44,251
- Trade debts +€24,621
up €24,621 (+19.7%), from €125,216 to €149,837
- Purchases and services +€71,235
up €71,235 (+22.5%), from €316,368 to €387,603
- Gross operating margin -€45,348
down €45,348, from €17,389 to -€27,959
- Turnover +€25,887
up €25,887 (+7.8%), from €333,757 to €359,644
- Taxes -€9,837
down €9,837 (-94.8%), from €10,380 to €543
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 | €214,093 | €208,948 | -€5,145 | -2.4% |
| Fixed assets | 21/28 | €340 | €0 | -€340 | -100% |
| Tangible fixed assets | 22/27 | €340 | €0 | -€340 | -100% |
| Furniture and vehicles | 24 | €340 | €0 | -€340 | -100% |
| Current assets | 29/58 | €213,753 | €208,948 | -€4,805 | -2.2% |
| Amounts receivable after more than one year | 29 | €0 | €0 | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €102,124 | €208,810 | +€106,686 | +104% |
| Trade receivables | 40 | €90,478 | €193,487 | +€103,009 | +114% |
| Other amounts receivable | 41 | €11,646 | €15,323 | +€3,677 | +31.6% |
| Cash at bank and in hand | 54/58 | €111,629 | €138 | -€111,491 | -99.9% |
| Total equity and liabilities | 10/49 | €214,093 | €208,948 | -€5,145 | -2.4% |
| Equity | 10/15 | €88,877 | €59,111 | -€29,766 | -33.5% |
| Contributions | 10/11 | €13,946 | €13,946 | = | 0.0% |
| Capital | 10 | €13,946 | €13,946 | = | 0.0% |
| Issued capital | 100 | €19,546 | €19,546 | = | 0.0% |
| Uncalled capital | 101 | €5,600 | €5,600 | = | 0.0% |
| Reserves | 13 | €914 | €914 | = | 0.0% |
| Non-distributable reserves | 130/1 | €914 | €914 | = | 0.0% |
| Legal reserve | 130 | €914 | €914 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,017 | €44,251 | -€29,766 | -40.2% |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Provisions for liabilities and charges | 160/5 | €0 | €0 | = | |
| Amounts payable | 17/49 | €125,216 | €149,837 | +€24,621 | +19.7% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €125,216 | €149,837 | +€24,621 | +19.7% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Trade debts | 44 | €125,216 | €149,837 | +€24,621 | +19.7% |
| Suppliers | 440/4 | €125,216 | €149,837 | +€24,621 | +19.7% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Turnover | 70 | €333,757 | €359,644 | +€25,887 | +7.8% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €316,368 | €387,603 | +€71,235 | +22.5% |
| Remuneration, social security and pensions | 62 | €1,709 | €0 | -€1,709 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €340 | €340 | +€0 | 0.0% |
| Non-recurring operating charges | 66A | €0 | €0 | = | |
| Gross operating margin | 9900 | €17,389 | -€27,959 | -€45,348 | |
| Operating profit (loss) | 9901 | €15,340 | -€28,299 | -€43,639 | |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Non-recurring financial income | 76B | €0 | €0 | = | |
| Financial charges | 65/66B | €2,118 | €924 | -€1,193 | -56.3% |
| Recurring financial charges | 65 | €2,118 | €924 | -€1,193 | -56.3% |
| Non-recurring financial charges | 66B | €0 | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €13,223 | -€29,223 | -€42,446 | |
| Income taxes | 67/77 | €10,380 | €543 | -€9,837 | -94.8% |
| Profit (loss) for the period | 9904 | €2,843 | -€29,766 | -€32,608 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,843 | -€29,766 | -€32,608 |
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 24 October 2026 via checked.be.