BUYSSE & PARTNERS: 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
BUYSSE & PARTNERS
NACE 64.210, Activities of holding companies
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
€1.1m
2022 · -€452,557+€1.6m
Equity
€27.1m
2022 · €26.0m+€1.1m
Cash
€1.9m
2022 · €2.0m-€75,220
Balance sheet total
€30.4m
2022 · €29.4m+€1.1m
Largest movements
Assets
- Tangible fixed assets +€651,850
up €651,850 (+8.9%), from €7.3m to €8.0m
of which Land and buildings: +€761,167
- Financial fixed assets +€461,658
up €461,658 (+2.5%), from €18.5m to €18.9m
Equity and liabilities
- Profit (loss) carried forward +€1.1m
up €1.1m (+7.8%), from €14.0m to €15.1m
Income statement
- Financial income +€1.7m
up €1.7m (+737%), from €229,092 to €1.9m
- Financial charges +€87,901
up €87,901 (+130%), from €67,662 to €155,562
- Depreciation +€67,204
up €67,204 (+19.4%), from €347,042 to €414,246
- Gross operating margin +€54,435
up €54,435 (+25.7%), from -€211,538 to -€157,103
- Taxes +€45,691
up €45,691 (+3,984%), from €1,147 to €46,838
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.
Result 2022
-€452,557
Gross operating margin
+€54,435
Staff costs
+€18,064
Depreciation
-€67,204
Other operating charges
-€10,104
Financial income
+€1.7m
Financial charges
-€87,901
Taxes
-€45,691
Result 2023
€1.1m
raises the resultlowers the result
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.
From operations
+€1.4m
Investment
-€1.4m
Financing
-€33,241
Cash 2022
€2.0m
From operations (derived)
+€1.4m
Net result for the year
+€1.1m
Depreciation
+€414,246
Receivables after one year
-€130,308
Smaller working-capital items
+€593
Receivables within one year
+€25,728
Deferred charges and accrued income
-€7,331
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.5m
Current investments
+€85,316
Financing
-€33,241
Debts after one year
-€14,484
Current portion of long-term debt
-€18,757
Cash 2023
€1.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,368,870 | €30,434,074 | +€1.1m | +3.6% |
| Fixed assets | 21/28 | €25,793,703 | €26,907,212 | +€1.1m | +4.3% |
| Tangible fixed assets | 22/27 | €7,322,417 | €7,974,268 | +€651,850 | +8.9% |
| Land and buildings | 22 | €6,018,894 | €6,780,062 | +€761,167 | +12.6% |
| Plant, machinery and equipment | 23 | €4,454 | €0 | -€4,454 | -100% |
| Furniture and vehicles | 24 | €250,249 | €177,828 | -€72,421 | -28.9% |
| Other tangible fixed assets | 26 | €1,048,821 | €1,016,378 | -€32,442 | -3.1% |
| Financial fixed assets | 28 | €18,471,286 | €18,932,944 | +€461,658 | +2.5% |
| Current assets | 29/58 | €3,575,167 | €3,526,862 | -€48,305 | -1.4% |
| Amounts receivable after more than one year | 29 | €419,180 | €549,489 | +€130,308 | +31.1% |
| Other amounts receivable | 291 | €419,180 | €549,489 | +€130,308 | +31.1% |
| Stocks and contracts in progress | 3 | €385,889 | €386,209 | +€320 | +0.1% |
| Stocks | 30/36 | €385,889 | €386,209 | +€320 | +0.1% |
| Amounts receivable within one year | 40/41 | €67,632 | €41,904 | -€25,728 | -38.0% |
| Trade receivables | 40 | €39,177 | €5,656 | -€33,521 | -85.6% |
| Other amounts receivable | 41 | €28,455 | €36,248 | +€7,793 | +27.4% |
| Current investments | 50/53 | €709,594 | €624,278 | -€85,316 | -12.0% |
| Cash at bank and in hand | 54/58 | €1,990,395 | €1,915,175 | -€75,220 | -3.8% |
| Deferred charges and accrued income | 490/1 | €2,476 | €9,808 | +€7,331 | +296% |
| Total equity and liabilities | 10/49 | €29,368,870 | €30,434,074 | +€1.1m | +3.6% |
| Equity | 10/15 | €26,038,374 | €27,135,905 | +€1.1m | +4.2% |
| Contributions | 10/11 | €11,638,100 | €11,638,100 | = | 0.0% |
| Reserves | 13 | €363,554 | €363,554 | = | 0.0% |
| Non-distributable reserves | 130/1 | €186,815 | €186,815 | = | 0.0% |
| Reserves not available under the articles | 1311 | €186,815 | €186,815 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,027 | €39,027 | = | 0.0% |
| Distributable reserves | 133 | €137,713 | €137,713 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,036,719 | €15,134,251 | +€1.1m | +7.8% |
| Amounts payable | 17/49 | €3,330,496 | €3,298,169 | -€32,328 | -1.0% |
| Amounts payable after more than one year | 17 | €3,034,690 | €3,020,206 | -€14,484 | -0.5% |
| Financial debts | 170/4 | €3,034,690 | €3,020,206 | -€14,484 | -0.5% |
| Amounts payable within one year | 42/48 | €295,807 | €277,963 | -€17,844 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €219,401 | €200,644 | -€18,757 | -8.5% |
| Trade debts | 44 | €54,212 | €56,000 | +€1,788 | +3.3% |
| Suppliers | 440/4 | €54,212 | €56,000 | +€1,788 | +3.3% |
| Taxes, remuneration and social security | 45 | €22,194 | €21,319 | -€875 | -3.9% |
| Taxes | 450/3 | €19,826 | €21,319 | +€1,493 | +7.5% |
| Remuneration and social security | 454/9 | €2,368 | €0 | -€2,368 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €27,258 | €9,194 | -€18,064 | -66.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €347,042 | €414,246 | +€67,204 | +19.4% |
| Other operating charges | 640/8 | €27,002 | €37,106 | +€10,104 | +37.4% |
| Gross operating margin | 9900 | -€211,538 | -€157,103 | +€54,435 | +25.7% |
| Operating profit (loss) | 9901 | -€612,840 | -€617,649 | -€4,809 | -0.8% |
| Financial income | 75/76B | €229,092 | €1,917,581 | +€1.7m | +737% |
| Recurring financial income | 75 | €229,092 | €1,917,581 | +€1.7m | +737% |
| Financial charges | 65/66B | €67,662 | €155,562 | +€87,901 | +130% |
| Recurring financial charges | 65 | €67,662 | €155,562 | +€87,901 | +130% |
| Profit (loss) for the period before taxes | 9903 | -€451,410 | €1,144,369 | +€1.6m | |
| Income taxes | 67/77 | €1,147 | €46,838 | +€45,691 | +3,984% |
| Profit (loss) for the period | 9904 | -€452,557 | €1,097,531 | +€1.6m | |
| Profit (loss) for the period to be appropriated | 9905 | -€452,557 | €1,097,531 | +€1.6m |
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 13 October 2026 via checked.be.