CALIFORNICATION MANAGEMENT: 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.
CALIFORNICATION MANAGEMENT
Largest movements
- Receivables within one year +€95,229
up €95,229 (+46.6%), from €204,210 to €299,439
of which Trade receivables: +€51,790
- Cash +€25,972
new in 2023: €25,972
mainly Trade debts (+€105,200) and Net result for the year (+€45,683)
- Tangible fixed assets +€11,749
up €11,749 (+90.5%), from €12,980 to €24,729
of which Other tangible fixed assets: +€11,379
- Trade debts +€105,200
up €105,200 (+206%), from €51,164 to €156,364
- Reserves +€45,683
up €45,683 (+52.4%), from €87,208 to €132,891
of which Distributable reserves: +€45,683
- Other debts -€8,985
no longer reported in 2023 (was €8,985)
- Short-term financial debts -€5,060
no longer reported in 2023 (was €5,060)
- Debts after one year -€4,392
no longer reported in 2023 (was €4,392)
- Financial charges +€8,127
up €8,127 (+169%), from €4,813 to €12,940
- Taxes -€6,306
down €6,306 (-25.3%), from €24,959 to €18,654
- Gross operating margin -€4,331
down €4,331 (-4.0%), from €107,961 to €103,629
- Other operating charges -€4,018
down €4,018 (-68.2%), from €5,896 to €1,878
- Write-downs -€2,490
no longer reported in 2023 (was €2,490)
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 | €217,309 | €350,260 | +€132,950 | +61.2% |
| Fixed assets | 21/28 | €13,100 | €24,849 | +€11,749 | +89.7% |
| Tangible fixed assets | 22/27 | €12,980 | €24,729 | +€11,749 | +90.5% |
| Plant, machinery and equipment | 23 | €5,363 | €2,094 | -€3,269 | -61.0% |
| Furniture and vehicles | 24 | €581 | €4,220 | +€3,639 | +626% |
| Other tangible fixed assets | 26 | €7,036 | €18,415 | +€11,379 | +162% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €204,210 | €325,411 | +€121,201 | +59.4% |
| Amounts receivable within one year | 40/41 | €204,210 | €299,439 | +€95,229 | +46.6% |
| Trade receivables | 40 | €202,270 | €254,060 | +€51,790 | +25.6% |
| Other amounts receivable | 41 | €1,940 | €45,379 | +€43,439 | +2,239% |
| Cash at bank and in hand | 54/58 | - | €25,972 | +€25,972 | |
| Total equity and liabilities | 10/49 | €217,309 | €350,260 | +€132,950 | +61.2% |
| Equity | 10/15 | €100,208 | €145,891 | +€45,683 | +45.6% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €87,208 | €132,891 | +€45,683 | +52.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,812 | €7,812 | = | 0.0% |
| Distributable reserves | 133 | €77,542 | €123,224 | +€45,683 | +58.9% |
| Amounts payable | 17/49 | €117,101 | €204,369 | +€87,268 | +74.5% |
| Amounts payable after more than one year | 17 | €4,392 | - | -€4,392 | |
| Financial debts | 170/4 | €4,392 | - | -€4,392 | |
| Amounts payable within one year | 42/48 | €112,709 | €204,369 | +€91,660 | +81.3% |
| Current portion of amounts payable after more than one year | 42 | €8,150 | €4,392 | -€3,758 | -46.1% |
| Financial debts | 43 | €5,060 | - | -€5,060 | |
| Credit institutions | 430/8 | €5,060 | - | -€5,060 | |
| Trade debts | 44 | €51,164 | €156,364 | +€105,200 | +206% |
| Suppliers | 440/4 | €51,164 | €156,364 | +€105,200 | +206% |
| Taxes, remuneration and social security | 45 | €39,350 | €43,613 | +€4,263 | +10.8% |
| Taxes | 450/3 | €39,350 | €43,613 | +€4,263 | +10.8% |
| Other amounts payable | 47/48 | €8,985 | - | -€8,985 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,288 | €6,155 | +€866 | +16.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,490 | - | -€2,490 | |
| Other operating charges | 640/8 | €5,896 | €1,878 | -€4,018 | -68.2% |
| Non-recurring operating charges | 66A | - | €18,749 | +€18,749 | |
| Gross operating margin | 9900 | €107,961 | €103,629 | -€4,331 | -4.0% |
| Operating profit (loss) | 9901 | €94,286 | €76,848 | -€17,438 | -18.5% |
| Financial income | 75/76B | - | €429 | +€429 | |
| Recurring financial income | 75 | - | €429 | +€429 | |
| Financial charges | 65/66B | €4,813 | €12,940 | +€8,127 | +169% |
| Recurring financial charges | 65 | €4,813 | €12,940 | +€8,127 | +169% |
| Profit (loss) for the period before taxes | 9903 | €89,473 | €64,336 | -€25,136 | -28.1% |
| Income taxes | 67/77 | €24,959 | €18,654 | -€6,306 | -25.3% |
| Profit (loss) for the period | 9904 | €64,513 | €45,683 | -€18,831 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,513 | €45,683 | -€18,831 | -29.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.