BX SERVICES: 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.
BX SERVICES
Largest movements
- Receivables within one year +€30,899
up €30,899 (+89.4%), from €34,574 to €65,473
of which Trade receivables: +€44,475
- Cash -€9,935
down €9,935 (-26.7%), from €37,144 to €27,209
mainly Receivables within one year (-€30,899) and Net result for the year (-€8,121)
- Tangible fixed assets -€9,847
down €9,847 (-27.9%), from €35,259 to €25,412
- Deferred charges and accrued income +€5,779
new in 2023: €5,779
- Other debts +€13,072
up €13,072 (+194%), from €6,744 to €19,816
- Trade debts +€12,637
up €12,637 (+20.5%), from €61,589 to €74,226
- Profit (loss) carried forward -€8,121
down €8,121 (-37.1%), from €21,919 to €13,798
- Tax, wage and social debts -€3,754
down €3,754 (-43.9%), from €8,559 to €4,805
of which Taxes: -€8,559
- Advances received +€3,062
new in 2023: €3,062
- Staff costs +€24,277
up €24,277 (+136%), from €17,873 to €42,150
- Gross operating margin +€5,906
up €5,906 (+15.0%), from €39,363 to €45,269
- Taxes -€2,716
down €2,716, from €2,412 to -€304
- Depreciation +€1,084
up €1,084 (+12.4%), from €8,762 to €9,846
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 | €108,811 | €125,707 | +€16,896 | +15.5% |
| Fixed assets | 21/28 | €37,093 | €27,246 | -€9,847 | -26.5% |
| Tangible fixed assets | 22/27 | €35,259 | €25,412 | -€9,847 | -27.9% |
| Furniture and vehicles | 24 | €35,259 | €25,412 | -€9,847 | -27.9% |
| Financial fixed assets | 28 | €1,834 | €1,834 | = | 0.0% |
| Current assets | 29/58 | €71,718 | €98,461 | +€26,743 | +37.3% |
| Amounts receivable within one year | 40/41 | €34,574 | €65,473 | +€30,899 | +89.4% |
| Trade receivables | 40 | €16,254 | €60,729 | +€44,475 | +274% |
| Other amounts receivable | 41 | €18,320 | €4,744 | -€13,576 | -74.1% |
| Cash at bank and in hand | 54/58 | €37,144 | €27,209 | -€9,935 | -26.7% |
| Deferred charges and accrued income | 490/1 | - | €5,779 | +€5,779 | |
| Total equity and liabilities | 10/49 | €108,811 | €125,707 | +€16,896 | +15.5% |
| Equity | 10/15 | €31,919 | €23,798 | -€8,121 | -25.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,919 | €13,798 | -€8,121 | -37.1% |
| Amounts payable | 17/49 | €76,892 | €101,909 | +€25,017 | +32.5% |
| Amounts payable within one year | 42/48 | €76,892 | €101,909 | +€25,017 | +32.5% |
| Trade debts | 44 | €61,589 | €74,226 | +€12,637 | +20.5% |
| Suppliers | 440/4 | €61,589 | €74,226 | +€12,637 | +20.5% |
| Advances received on contracts in progress | 46 | - | €3,062 | +€3,062 | |
| Taxes, remuneration and social security | 45 | €8,559 | €4,805 | -€3,754 | -43.9% |
| Taxes | 450/3 | €8,559 | - | -€8,559 | |
| Remuneration and social security | 454/9 | - | €4,805 | +€4,805 | |
| Other amounts payable | 47/48 | €6,744 | €19,816 | +€13,072 | +194% |
| Remuneration, social security and pensions | 62 | €17,873 | €42,150 | +€24,277 | +136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,762 | €9,846 | +€1,084 | +12.4% |
| Other operating charges | 640/8 | €1,694 | €1,468 | -€226 | -13.3% |
| Gross operating margin | 9900 | €39,363 | €45,269 | +€5,906 | +15.0% |
| Operating profit (loss) | 9901 | €11,034 | -€8,195 | -€19,229 | |
| Financial charges | 65/66B | €30 | €230 | +€200 | +667% |
| Recurring financial charges | 65 | €30 | €230 | +€200 | +667% |
| Profit (loss) for the period before taxes | 9903 | €11,004 | -€8,425 | -€19,429 | |
| Income taxes | 67/77 | €2,412 | -€304 | -€2,716 | |
| Profit (loss) for the period | 9904 | €8,592 | -€8,121 | -€16,713 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,592 | -€8,121 | -€16,713 |
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 23 October 2026 via checked.be.