D-MINDING: 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.
D-MINDING
Largest movements
- Intangible fixed assets +€101,425
new in 2023: €101,425
- Cash -€28,690
down €28,690 (-94.2%), from €30,469 to €1,779
mainly Investment in fixed assets (net) (-€126,781) and Receivables within one year (-€27,125)
- Receivables within one year +€27,125
up €27,125 (+105.8%), from €25,627 to €52,752
of which Trade receivables: +€15,174
- Deferred charges and accrued income +€7,563
up €7,563 (+342.9%), from €2,206 to €9,769
- Profit (loss) carried forward +€62,671
up €62,671 (+2553.9%), from €2,454 to €65,125
- Trade debts +€35,687
up €35,687 (+317.0%), from €11,256 to €46,943
- Tax, wage and social debts +€9,702
up €9,702 (+58.3%), from €16,629 to €26,331
- Gross operating margin +€101,668
up €101,668 (+1222.4%), from €8,317 to €109,985
- Depreciation +€25,356
up €25,356 (+5240.3%), from €484 to €25,840
- Taxes +€15,254
up €15,254 (+442.5%), from €3,447 to €18,701
- Financial charges +€2,778
up €2,778 (+833.1%), from €333 to €3,111
of which Financial charges: +€2,810
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 | €61,360 | €168,300 | +€106,940 | +174.3% |
| Fixed assets | 21/28 | €3,059 | €104,000 | +€100,941 | +3299.6% |
| Intangible fixed assets | 21 | - | €101,425 | +€101,425 | |
| Tangible fixed assets | 22/27 | €859 | €375 | -€484 | -56.3% |
| Plant, machinery and equipment | 23 | €859 | €375 | -€484 | -56.3% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €58,301 | €64,300 | +€5,999 | +10.3% |
| Amounts receivable within one year | 40/41 | €25,627 | €52,752 | +€27,125 | +105.8% |
| Trade receivables | 40 | €23,492 | €38,666 | +€15,174 | +64.6% |
| Other amounts receivable | 41 | €2,134 | €14,086 | +€11,951 | +560.0% |
| Cash at bank and in hand | 54/58 | €30,469 | €1,779 | -€28,690 | -94.2% |
| Deferred charges and accrued income | 490/1 | €2,206 | €9,769 | +€7,563 | +342.9% |
| Total equity and liabilities | 10/49 | €61,360 | €168,300 | +€106,940 | +174.3% |
| Equity | 10/15 | €32,355 | €95,026 | +€62,671 | +193.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €28,901 | €28,901 | = | 0.0% |
| Distributable reserves | 133 | €28,901 | €28,901 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,454 | €65,125 | +€62,671 | +2553.9% |
| Amounts payable | 17/49 | €29,005 | €73,274 | +€44,269 | +152.6% |
| Amounts payable within one year | 42/48 | €29,005 | €73,274 | +€44,269 | +152.6% |
| Trade debts | 44 | €11,256 | €46,943 | +€35,687 | +317.0% |
| Suppliers | 440/4 | €11,256 | €46,943 | +€35,687 | +317.0% |
| Taxes, remuneration and social security | 45 | €16,629 | €26,331 | +€9,702 | +58.3% |
| Taxes | 450/3 | €16,629 | €26,331 | +€9,702 | +58.3% |
| Other amounts payable | 47/48 | €1,120 | - | -€1,120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €484 | €25,840 | +€25,356 | +5240.3% |
| Other operating charges | 640/8 | - | €100 | +€100 | |
| Gross operating margin | 9900 | €8,317 | €109,985 | +€101,668 | +1222.4% |
| Operating profit (loss) | 9901 | €7,833 | €84,045 | +€76,212 | +972.9% |
| Financial income | 75/76B | €1 | €438 | +€437 | +40463.9% |
| Recurring financial income | 75 | €1 | €373 | +€372 | +34454.6% |
| Non-recurring financial income | 76B | €1 | €65 | +€64 | +5909.3% |
| Financial charges | 65/66B | €333 | €3,111 | +€2,778 | +833.1% |
| Recurring financial charges | 65 | €276 | €3,086 | +€2,810 | +1019.2% |
| Non-recurring financial charges | 66B | €58 | €26 | -€32 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | €7,501 | €81,372 | +€73,871 | +984.8% |
| Income taxes | 67/77 | €3,447 | €18,701 | +€15,254 | +442.5% |
| Profit (loss) for the period | 9904 | €4,054 | €62,671 | +€58,617 | +1445.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,054 | €62,671 | +€58,617 | +1445.9% |
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 12 October 2026 via checked.be.