DEVELOPMENT, LEARNING AND MANAGEMENT ADVICE: 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.
DEVELOPMENT, LEARNING AND MANAGEMENT ADVICE
Largest movements
- Tangible fixed assets +€91,971
up €91,971 (+64.3%), from €143,134 to €235,104
of which Other tangible fixed assets: +€91,154
- Cash +€37,464
up €37,464 (+106.5%), from €35,171 to €72,635
mainly Advances received (+€54,547) and Net result for the year (+€48,495)
- Receivables within one year -€33,530
down €33,530 (-96.4%), from €34,796 to €1,266
of which Trade receivables: -€33,530
- Advances received +€54,547
new in 2023: €54,547
- Reserves +€48,495
up €48,495 (+33.2%), from €146,105 to €194,600
of which Distributable reserves: +€50,355
- Other debts -€10,801
down €10,801 (-68.2%), from €15,847 to €5,046
- Tax, wage and social debts +€9,667
up €9,667 (+30.1%), from €32,096 to €41,763
- Current portion of long-term debt -€6,883
down €6,883 (-100.0%), from €6,883 to €0
- Gross operating margin +€15,366
up €15,366 (+21.7%), from €70,973 to €86,339
- Depreciation +€4,528
up €4,528 (+46.8%), from €9,686 to €14,214
- Taxes +€2,852
up €2,852 (+16.1%), from €17,730 to €20,582
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 | €214,248 | €309,741 | +€95,492 | +44.6% |
| Fixed assets | 21/28 | €143,134 | €235,104 | +€91,971 | +64.3% |
| Tangible fixed assets | 22/27 | €143,134 | €235,104 | +€91,971 | +64.3% |
| Furniture and vehicles | 24 | - | €817 | +€817 | |
| Other tangible fixed assets | 26 | €143,134 | €234,287 | +€91,154 | +63.7% |
| Current assets | 29/58 | €71,115 | €74,637 | +€3,522 | +5.0% |
| Amounts receivable within one year | 40/41 | €34,796 | €1,266 | -€33,530 | -96.4% |
| Trade receivables | 40 | €34,796 | €1,266 | -€33,530 | -96.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €35,171 | €72,635 | +€37,464 | +106.5% |
| Deferred charges and accrued income | 490/1 | €1,147 | €736 | -€412 | -35.9% |
| Total equity and liabilities | 10/49 | €214,248 | €309,741 | +€95,492 | +44.6% |
| Equity | 10/15 | €158,505 | €207,000 | +€48,495 | +30.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €146,105 | €194,600 | +€48,495 | +33.2% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €144,245 | €194,600 | +€50,355 | +34.9% |
| Amounts payable | 17/49 | €55,744 | €102,741 | +€46,997 | +84.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €55,683 | €102,741 | +€47,058 | +84.5% |
| Current portion of amounts payable after more than one year | 42 | €6,883 | €0 | -€6,883 | -100.0% |
| Trade debts | 44 | €857 | €1,385 | +€528 | +61.6% |
| Suppliers | 440/4 | €857 | €1,385 | +€528 | +61.6% |
| Advances received on contracts in progress | 46 | - | €54,547 | +€54,547 | |
| Taxes, remuneration and social security | 45 | €32,096 | €41,763 | +€9,667 | +30.1% |
| Taxes | 450/3 | €32,096 | €41,763 | +€9,667 | +30.1% |
| Other amounts payable | 47/48 | €15,847 | €5,046 | -€10,801 | -68.2% |
| Accrued charges and deferred income | 492/3 | €61 | €0 | -€61 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €47 | +€47 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,686 | €14,214 | +€4,528 | +46.8% |
| Other operating charges | 640/8 | €2,391 | €1,805 | -€586 | -24.5% |
| Non-recurring operating charges | 66A | - | €917 | +€917 | |
| Gross operating margin | 9900 | €70,973 | €86,339 | +€15,366 | +21.7% |
| Operating profit (loss) | 9901 | €58,896 | €69,356 | +€10,460 | +17.8% |
| Financial income | 75/76B | €63 | €16 | -€47 | -74.0% |
| Recurring financial income | 75 | €63 | €16 | -€47 | -74.0% |
| Financial charges | 65/66B | €498 | €296 | -€202 | -40.6% |
| Recurring financial charges | 65 | €498 | €296 | -€202 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €58,462 | €69,077 | +€10,615 | +18.2% |
| Income taxes | 67/77 | €17,730 | €20,582 | +€2,852 | +16.1% |
| Profit (loss) for the period | 9904 | €40,732 | €48,495 | +€7,763 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,732 | €48,495 | +€7,763 | +19.1% |
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 5 October 2026 via checked.be.