CHRISTIAN GEORGES: what changed
What changed
CHRISTIAN GEORGES
NACE 96.210, Hairdressing and barber services
filed annual accounts (NBB)
Net result for the year
-€214,913
2022 · -€156,189-€58,725
Equity
-€162,316
2022 · €52,597-€214,913
Cash
€5,986
2022 · €2,794+€3,192
Balance sheet total
€280,518
2022 · €453,140-€172,622
Largest movements
Assets
- Receivables within one year -€149,913
down €149,913 (-65.0%), from €230,549 to €80,636
of which Other amounts receivable: -€149,234
- Tangible fixed assets -€25,475
down €25,475 (-13.9%), from €182,832 to €157,357
- Stocks and contracts +€5,209
up €5,209 (+25.5%), from €20,434 to €25,642
Equity and liabilities
- Profit (loss) carried forward -€214,913
down €214,913 (-359%), from -€59,890 to -€274,803
- Short-term financial debts +€40,556
up €40,556 (+102%), from €39,724 to €80,280
- Trade debts +€20,340
up €20,340 (+16.8%), from €121,157 to €141,497
- Debts after one year -€19,153
down €19,153 (-22.0%), from €87,092 to €67,939
- Accrued charges and deferred income +€11,436
up €11,436 (+96.3%), from €11,871 to €23,307
Income statement
- Gross operating margin -€31,472
down €31,472 (-26.6%), from €118,366 to €86,894
- Staff costs +€13,973
up €13,973 (+5.8%), from €239,116 to €253,089
- Financial charges +€9,039
up €9,039 (+115%), from €7,884 to €16,923
- Other operating charges +€5,420
up €5,420 (+173%), from €3,137 to €8,558
- Depreciation -€3,489
down €3,489 (-12.5%), from €27,859 to €24,370
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2022
-€156,189
Gross operating margin
-€31,472
Staff costs
-€13,973
Depreciation
+€3,489
Other operating charges
-€5,420
Other operating items
+€99
Financial income
-€2,361
Financial charges
-€9,039
Taxes
-€48
Result 2023
-€214,913
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€9,409
Investment
+€2,346
Financing
+€10,255
Cash 2022
€2,794
From operations (derived)
-€9,409
Net result for the year
-€214,913
Depreciation
+€24,370
Stocks and contracts
-€5,209
Receivables within one year
+€149,913
Deferred charges and accrued income
+€4,393
Trade debts
+€20,340
Tax, wage and social debts
+€1,530
Other debts
-€1,269
Accrued charges and deferred income
+€11,436
Investment (derived)
+€2,346
Investment in fixed assets (net)
+€2,346
Financing
+€10,255
Debts after one year
-€19,153
Current portion of long-term debt
-€11,148
Short-term financial debts
+€40,556
Cash 2023
€5,986
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €453,140 | €280,518 | -€172,622 | -38.1% |
| Fixed assets | 21/28 | €184,258 | €157,542 | -€26,716 | -14.5% |
| Tangible fixed assets | 22/27 | €182,832 | €157,357 | -€25,475 | -13.9% |
| Land and buildings | 22 | €135,260 | €128,107 | -€7,152 | -5.3% |
| Plant, machinery and equipment | 23 | €8,410 | €2,510 | -€5,900 | -70.2% |
| Furniture and vehicles | 24 | €18,225 | €10,021 | -€8,204 | -45.0% |
| Other tangible fixed assets | 26 | €20,938 | €16,718 | -€4,220 | -20.2% |
| Financial fixed assets | 28 | €1,426 | €185 | -€1,241 | -87.0% |
| Current assets | 29/58 | €268,882 | €122,977 | -€145,905 | -54.3% |
| Stocks and contracts in progress | 3 | €20,434 | €25,642 | +€5,209 | +25.5% |
| Stocks | 30/36 | €20,434 | €25,642 | +€5,209 | +25.5% |
| Amounts receivable within one year | 40/41 | €230,549 | €80,636 | -€149,913 | -65.0% |
| Trade receivables | 40 | €5,343 | €4,664 | -€679 | -12.7% |
| Other amounts receivable | 41 | €225,205 | €75,972 | -€149,234 | -66.3% |
| Cash at bank and in hand | 54/58 | €2,794 | €5,986 | +€3,192 | +114% |
| Deferred charges and accrued income | 490/1 | €15,106 | €10,712 | -€4,393 | -29.1% |
| Total equity and liabilities | 10/49 | €453,140 | €280,518 | -€172,622 | -38.1% |
| Equity | 10/15 | €52,597 | -€162,316 | -€214,913 | |
| Contributions | 10/11 | €68,170 | €68,170 | = | 0.0% |
| Reserves | 13 | €44,317 | €44,317 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,817 | €6,817 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,817 | €6,817 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,890 | -€274,803 | -€214,913 | -359% |
| Amounts payable | 17/49 | €400,543 | €442,835 | +€42,291 | +10.6% |
| Amounts payable after more than one year | 17 | €87,092 | €67,939 | -€19,153 | -22.0% |
| Financial debts | 170/4 | €87,092 | €67,939 | -€19,153 | -22.0% |
| Amounts payable within one year | 42/48 | €301,580 | €351,588 | +€50,009 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €54,428 | €43,280 | -€11,148 | -20.5% |
| Financial debts | 43 | €39,724 | €80,280 | +€40,556 | +102% |
| Credit institutions | 430/8 | €39,724 | €80,280 | +€40,556 | +102% |
| Trade debts | 44 | €121,157 | €141,497 | +€20,340 | +16.8% |
| Suppliers | 440/4 | €121,157 | €141,497 | +€20,340 | +16.8% |
| Taxes, remuneration and social security | 45 | €36,801 | €38,331 | +€1,530 | +4.2% |
| Taxes | 450/3 | €10,856 | €10,451 | -€405 | -3.7% |
| Remuneration and social security | 454/9 | €25,946 | €27,880 | +€1,934 | +7.5% |
| Other amounts payable | 47/48 | €49,469 | €48,200 | -€1,269 | -2.6% |
| Accrued charges and deferred income | 492/3 | €11,871 | €23,307 | +€11,436 | +96.3% |
| Non-recurring operating income | 76A | €129 | - | -€129 | |
| Remuneration, social security and pensions | 62 | €239,116 | €253,089 | +€13,973 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,859 | €24,370 | -€3,489 | -12.5% |
| Other operating charges | 640/8 | €3,137 | €8,558 | +€5,420 | +173% |
| Non-recurring operating charges | 66A | €874 | €774 | -€99 | -11.4% |
| Gross operating margin | 9900 | €118,366 | €86,894 | -€31,472 | -26.6% |
| Operating profit (loss) | 9901 | -€152,620 | -€199,898 | -€47,277 | -31.0% |
| Financial income | 75/76B | €4,641 | €2,280 | -€2,361 | -50.9% |
| Recurring financial income | 75 | €4,641 | €2,280 | -€2,361 | -50.9% |
| Financial charges | 65/66B | €7,884 | €16,923 | +€9,039 | +115% |
| Recurring financial charges | 65 | €7,884 | €16,923 | +€9,039 | +115% |
| Profit (loss) for the period before taxes | 9903 | -€155,864 | -€214,540 | -€58,677 | -37.6% |
| Income taxes | 67/77 | €325 | €373 | +€48 | +14.7% |
| Profit (loss) for the period | 9904 | -€156,189 | -€214,913 | -€58,725 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€156,189 | -€214,913 | -€58,725 | -37.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.