CORTA-NOVA: 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.
CORTA-NOVA
Largest movements
- Receivables within one year -€9,049
down €9,049 (-77.7%), from €11,640 to €2,591
of which Other amounts receivable: -€7,185
- Cash -€5,459
down €5,459 (-17.6%), from €31,059 to €25,601
mainly Tax, wage and social debts (-€21,123) and Net result for the year (-€10,804)
- Tangible fixed assets +€1,999
new in 2023: €1,999
- Accrued charges and deferred income +€22,800
up €22,800 (+100.0%), from €22,800 to €45,600
- Tax, wage and social debts -€21,123
down €21,123 (-87.2%), from €24,211 to €3,089
of which Remuneration and social security: -€14,031
- Profit (loss) carried forward -€10,804
down €10,804 (-359.1%), from -€3,009 to -€13,813
- Trade debts -€3,383
down €3,383 (-70.2%), from €4,819 to €1,436
- Gross operating margin -€11,915
down €11,915, from €1,157 to -€10,757
- Financial charges -€2,587
down €2,587 (-87.0%), from €2,973 to €386
- Other operating charges -€1,003
no longer reported in 2023 (was €1,003)
- Staff costs -€514
no longer reported in 2023 (was €514)
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 | €55,822 | €43,312 | -€12,509 | -22.4% |
| Fixed assets | 21/28 | - | €1,999 | +€1,999 | |
| Tangible fixed assets | 22/27 | - | €1,999 | +€1,999 | |
| Furniture and vehicles | 24 | - | €1,999 | +€1,999 | |
| Current assets | 29/58 | €55,822 | €41,313 | -€14,508 | -26.0% |
| Stocks and contracts in progress | 3 | €13,122 | €13,122 | = | 0.0% |
| Stocks | 30/36 | €13,122 | €13,122 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,640 | €2,591 | -€9,049 | -77.7% |
| Trade receivables | 40 | €1,865 | - | -€1,865 | |
| Other amounts receivable | 41 | €9,776 | €2,591 | -€7,185 | -73.5% |
| Cash at bank and in hand | 54/58 | €31,059 | €25,601 | -€5,459 | -17.6% |
| Total equity and liabilities | 10/49 | €55,822 | €43,312 | -€12,509 | -22.4% |
| Equity | 10/15 | €3,991 | -€6,813 | -€10,804 | |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,009 | -€13,813 | -€10,804 | -359.1% |
| Amounts payable | 17/49 | €51,830 | €50,125 | -€1,705 | -3.3% |
| Amounts payable within one year | 42/48 | €29,030 | €4,525 | -€24,505 | -84.4% |
| Trade debts | 44 | €4,819 | €1,436 | -€3,383 | -70.2% |
| Suppliers | 440/4 | €4,819 | €1,436 | -€3,383 | -70.2% |
| Taxes, remuneration and social security | 45 | €24,211 | €3,089 | -€21,123 | -87.2% |
| Taxes | 450/3 | €10,181 | €3,089 | -€7,092 | -69.7% |
| Remuneration and social security | 454/9 | €14,031 | - | -€14,031 | |
| Accrued charges and deferred income | 492/3 | €22,800 | €45,600 | +€22,800 | +100.0% |
| Remuneration, social security and pensions | 62 | €514 | - | -€514 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1 | +€1 | |
| Other operating charges | 640/8 | €1,003 | - | -€1,003 | |
| Gross operating margin | 9900 | €1,157 | -€10,757 | -€11,915 | |
| Operating profit (loss) | 9901 | -€360 | -€10,758 | -€10,398 | -2888.8% |
| Financial income | 75/76B | €325 | €341 | +€16 | +5.0% |
| Recurring financial income | 75 | €325 | €341 | +€16 | +5.0% |
| Financial charges | 65/66B | €2,973 | €386 | -€2,587 | -87.0% |
| Recurring financial charges | 65 | €2,973 | €386 | -€2,587 | -87.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,009 | -€10,804 | -€7,795 | -259.1% |
| Profit (loss) for the period | 9904 | -€3,009 | -€10,804 | -€7,795 | -259.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,009 | -€10,804 | -€7,795 | -259.1% |
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 7 October 2026 via checked.be.