DATA - CONCEPT: 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.
DATA - CONCEPT
Largest movements
- Intangible fixed assets +€123,062
new in 2023: €123,062
- Receivables within one year +€119,512
up €119,512 (+1,290%), from €9,267 to €128,779
of which Trade receivables: +€121,110
- Cash -€79,967
down €79,967 (-88.0%), from €90,855 to €10,888
mainly Investment in fixed assets (net) (-€119,978) and Receivables within one year (-€119,512)
- Tangible fixed assets -€9,031
down €9,031 (-82.1%), from €11,006 to €1,975
- Trade debts +€263,875
up €263,875 (+23,690%), from €1,114 to €264,989
- Other debts -€80,408
no longer reported in 2023 (was €80,408)
- Profit (loss) carried forward -€24,070
new in 2023: -€24,070
- Current portion of long-term debt -€5,924
no longer reported in 2023 (was €5,924)
- Gross operating margin -€140,360
down €140,360, from €125,023 to -€15,337
- Taxes -€30,926
no longer reported in 2023 (was €30,926)
- Depreciation -€5,059
down €5,059 (-46.0%), from €11,006 to €5,947
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 | €112,378 | €264,706 | +€152,327 | +136% |
| Fixed assets | 21/28 | €11,006 | €125,038 | +€114,032 | +1,036% |
| Intangible fixed assets | 21 | - | €123,062 | +€123,062 | |
| Tangible fixed assets | 22/27 | €11,006 | €1,975 | -€9,031 | -82.1% |
| Furniture and vehicles | 24 | €11,006 | €1,975 | -€9,031 | -82.1% |
| Current assets | 29/58 | €101,372 | €139,668 | +€38,296 | +37.8% |
| Amounts receivable within one year | 40/41 | €9,267 | €128,779 | +€119,512 | +1,290% |
| Trade receivables | 40 | €3,793 | €124,904 | +€121,110 | +3,193% |
| Other amounts receivable | 41 | €5,474 | €3,876 | -€1,598 | -29.2% |
| Cash at bank and in hand | 54/58 | €90,855 | €10,888 | -€79,967 | -88.0% |
| Deferred charges and accrued income | 490/1 | €1,250 | - | -€1,250 | |
| Total equity and liabilities | 10/49 | €112,378 | €264,706 | +€152,327 | +136% |
| Equity | 10/15 | €20,460 | -€3,610 | -€24,070 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€24,070 | -€24,070 | |
| Amounts payable | 17/49 | €91,918 | €268,315 | +€176,397 | +192% |
| Amounts payable within one year | 42/48 | €91,870 | €268,065 | +€176,195 | +192% |
| Current portion of amounts payable after more than one year | 42 | €5,924 | - | -€5,924 | |
| Trade debts | 44 | €1,114 | €264,989 | +€263,875 | +23,690% |
| Suppliers | 440/4 | €1,114 | €264,989 | +€263,875 | +23,690% |
| Taxes, remuneration and social security | 45 | €4,424 | €3,076 | -€1,348 | -30.5% |
| Taxes | 450/3 | €4,424 | €3,076 | -€1,348 | -30.5% |
| Other amounts payable | 47/48 | €80,408 | - | -€80,408 | |
| Accrued charges and deferred income | 492/3 | €48 | €250 | +€202 | +421% |
| Non-recurring operating income | 76A | - | €18,217 | +€18,217 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,006 | €5,947 | -€5,059 | -46.0% |
| Other operating charges | 640/8 | €691 | €251 | -€439 | -63.6% |
| Gross operating margin | 9900 | €125,023 | -€15,337 | -€140,360 | |
| Operating profit (loss) | 9901 | €113,327 | -€21,535 | -€134,861 | |
| Financial income | 75/76B | €874 | €23 | -€851 | -97.4% |
| Recurring financial income | 75 | €874 | €23 | -€851 | -97.4% |
| Financial charges | 65/66B | €2,867 | €2,558 | -€309 | -10.8% |
| Recurring financial charges | 65 | €2,867 | €2,558 | -€309 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €111,334 | -€24,070 | -€135,403 | |
| Income taxes | 67/77 | €30,926 | - | -€30,926 | |
| Profit (loss) for the period | 9904 | €80,408 | -€24,070 | -€104,478 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,408 | -€24,070 | -€104,478 |
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 18 October 2026 via checked.be.