C.L.S.: what changed
Two fiscal 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.
C.L.S.
Largest movements
- Tangible fixed assets +€18,489
up €18,489 (+17.2%), from €107,267 to €125,756
of which Other tangible fixed assets: +€14,262
- Cash +€10,025
up €10,025 (+45.5%), from €22,038 to €32,063
mainly Net result for the year (+€28,842) and Depreciation (+€25,510)
- Stocks and contracts +€9,036
up €9,036 (+64.7%), from €13,968 to €23,004
- Deferred charges and accrued income +€7,613
up €7,613 (+763.0%), from €998 to €8,611
- Receivables within one year -€2,674
down €2,674 (-28.2%), from €9,492 to €6,818
of which Other amounts receivable: -€2,789
- Profit (loss) carried forward +€28,660
no longer reported in 2023 (was -€28,660)
- Debts after one year +€20,802
up €20,802 (+260.0%), from €8,001 to €28,803
- Tax, wage and social debts -€18,086
down €18,086 (-33.3%), from €54,354 to €36,268
of which Remuneration and social security: -€10,764
- Trade debts +€16,446
up €16,446 (+22.8%), from €72,036 to €88,481
- Accrued charges and deferred income -€14,944
down €14,944 (-85.9%), from €17,395 to €2,451
- Gross operating margin +€64,563
up €64,563 (+21.5%), from €300,401 to €364,964
- Staff costs -€7,022
down €7,022 (-2.4%), from €293,733 to €286,711
- Taxes +€5,328
up €5,328 (+3756.9%), from €142 to €5,469
- Financial charges +€4,935
up €4,935 (+57.6%), from €8,565 to €13,500
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.
Cash bridge derived
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 | €154,469 | €196,958 | +€42,489 | +27.5% |
| Fixed assets | 21/28 | €107,974 | €126,462 | +€18,489 | +17.1% |
| Tangible fixed assets | 22/27 | €107,267 | €125,756 | +€18,489 | +17.2% |
| Plant, machinery and equipment | 23 | €32,879 | €26,105 | -€6,773 | -20.6% |
| Furniture and vehicles | 24 | €13,530 | €27,244 | +€13,714 | +101.4% |
| Leasing and similar rights | 25 | €11,576 | €8,863 | -€2,714 | -23.4% |
| Other tangible fixed assets | 26 | €49,282 | €63,545 | +€14,262 | +28.9% |
| Financial fixed assets | 28 | €706 | €706 | = | 0.0% |
| Current assets | 29/58 | €46,496 | €70,496 | +€24,000 | +51.6% |
| Stocks and contracts in progress | 3 | €13,968 | €23,004 | +€9,036 | +64.7% |
| Stocks | 30/36 | €13,968 | €23,004 | +€9,036 | +64.7% |
| Amounts receivable within one year | 40/41 | €9,492 | €6,818 | -€2,674 | -28.2% |
| Trade receivables | 40 | €2,594 | €2,709 | +€116 | +4.5% |
| Other amounts receivable | 41 | €6,898 | €4,109 | -€2,789 | -40.4% |
| Cash at bank and in hand | 54/58 | €22,038 | €32,063 | +€10,025 | +45.5% |
| Deferred charges and accrued income | 490/1 | €998 | €8,611 | +€7,613 | +763.0% |
| Total equity and liabilities | 10/49 | €154,469 | €196,958 | +€42,489 | +27.5% |
| Equity | 10/15 | €263 | €29,105 | +€28,842 | +10982.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,322 | €10,505 | +€182 | +1.8% |
| 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 | €8,462 | €8,645 | +€182 | +2.2% |
| Profit (loss) carried forward | 14 | -€28,660 | - | +€28,660 | |
| Amounts payable | 17/49 | €154,207 | €167,854 | +€13,647 | +8.8% |
| Amounts payable after more than one year | 17 | €8,001 | €28,803 | +€20,802 | +260.0% |
| Financial debts | 170/4 | €8,001 | €28,803 | +€20,802 | +260.0% |
| Amounts payable within one year | 42/48 | €128,811 | €136,600 | +€7,790 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €2,360 | €10,704 | +€8,344 | +353.5% |
| Trade debts | 44 | €72,036 | €88,481 | +€16,446 | +22.8% |
| Suppliers | 440/4 | €72,036 | €88,481 | +€16,446 | +22.8% |
| Advances received on contracts in progress | 46 | €61 | €482 | +€421 | +688.9% |
| Taxes, remuneration and social security | 45 | €54,354 | €36,268 | -€18,086 | -33.3% |
| Taxes | 450/3 | €17,234 | €9,911 | -€7,323 | -42.5% |
| Remuneration and social security | 454/9 | €37,120 | €26,356 | -€10,764 | -29.0% |
| Other amounts payable | 47/48 | - | €666 | +€666 | |
| Accrued charges and deferred income | 492/3 | €17,395 | €2,451 | -€14,944 | -85.9% |
| Remuneration, social security and pensions | 62 | €293,733 | €286,711 | -€7,022 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,566 | €25,510 | +€1,944 | +8.2% |
| Other operating charges | 640/8 | €3,435 | €5,160 | +€1,724 | +50.2% |
| Gross operating margin | 9900 | €300,401 | €364,964 | +€64,563 | +21.5% |
| Operating profit (loss) | 9901 | -€20,334 | €47,583 | +€67,918 | |
| Financial income | 75/76B | €381 | €228 | -€153 | -40.2% |
| Recurring financial income | 75 | €381 | €228 | -€153 | -40.2% |
| Financial charges | 65/66B | €8,565 | €13,500 | +€4,935 | +57.6% |
| Recurring financial charges | 65 | €8,565 | €13,500 | +€4,935 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,518 | €34,312 | +€62,830 | |
| Income taxes | 67/77 | €142 | €5,469 | +€5,328 | +3756.9% |
| Profit (loss) for the period | 9904 | -€28,660 | €28,842 | +€57,502 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,660 | €28,842 | +€57,502 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.