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DoitFine: 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.

What changed

DoitFine

BE 0436.891.265
NACE 70.200, Business and other management consultancy
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
€14,400
2022 · €39,740-€25,339
Equity
€115,088
2022 · €100,688+€14,400
Cash
€2,717
2022 · €8,214-€5,496
Balance sheet total
€148,482
2022 · €152,657-€4,176

Largest movements

2022 to 2023
Assets
  • Current investments -€25,000

    down €25,000 (-94.6%), from €26,430 to €1,430

  • Receivables within one year +€18,986

    up €18,986 (+24.6%), from €77,062 to €96,048

    of which Other amounts receivable: +€19,900

  • Tangible fixed assets +€7,847

    up €7,847 (+22.6%), from €34,707 to €42,554

    of which Plant, machinery and equipment: +€13,302

  • Cash -€5,496

    down €5,496 (-66.9%), from €8,214 to €2,717

    mainly Trade debts (-€20,480) and Receivables within one year (-€18,986)

Equity and liabilities
  • Trade debts -€20,480

    down €20,480 (-55.3%), from €37,034 to €16,553

  • Reserves +€14,400

    up €14,400 (+17.5%), from €82,096 to €96,496

    of which Distributable reserves: +€16,260

  • Tax, wage and social debts +€2,987

    up €2,987 (+101.7%), from €2,936 to €5,923

Income statement
  • Gross operating margin -€21,859

    down €21,859 (-39.1%), from €55,896 to €34,037

  • Depreciation +€6,434

    up €6,434 (+141.4%), from €4,551 to €10,985

  • Taxes -€5,914

    down €5,914 (-47.3%), from €12,514 to €6,601

  • Financial charges +€3,011

    up €3,011 (+240.4%), from €1,252 to €4,263

From the 2022 result to the 2023 result

effect on the 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.

Result 2022 €39,740
Gross operating margin -€21,859
Depreciation -€6,434
Other operating charges +€363
Financial income -€313
Financial charges -€3,011
Taxes +€5,914
Result 2023 €14,400

Cash bridge derived

cash 2022 to 2023

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.

From operations -€10,582
Investment +€6,168
Financing -€1,083
Cash 2022 €8,214
Net result for the year +€14,400
Depreciation +€10,985
Receivables within one year -€18,986
Deferred charges and accrued income +€512
Trade debts -€20,480
Tax, wage and social debts +€2,987
Investment in fixed assets (net) -€18,832
Current investments +€25,000
Short-term financial debts -€1,083
Cash 2023 €2,717
Every line side by side 39 lines
Line Code 2022 2023 Change %
Total assets 20/58 €152,657 €148,482 -€4,176 -2.7%
Fixed assets 21/28 €34,707 €42,554 +€7,847 +22.6%
Tangible fixed assets 22/27 €34,707 €42,554 +€7,847 +22.6%
Plant, machinery and equipment 23 €7,936 €21,237 +€13,302 +167.6%
Furniture and vehicles 24 €26,772 €21,317 -€5,455 -20.4%
Current assets 29/58 €117,950 €105,928 -€12,023 -10.2%
Amounts receivable within one year 40/41 €77,062 €96,048 +€18,986 +24.6%
Trade receivables 40 €14,699 €13,786 -€913 -6.2%
Other amounts receivable 41 €62,363 €82,263 +€19,900 +31.9%
Current investments 50/53 €26,430 €1,430 -€25,000 -94.6%
Cash at bank and in hand 54/58 €8,214 €2,717 -€5,496 -66.9%
Deferred charges and accrued income 490/1 €6,245 €5,733 -€512 -8.2%
Total equity and liabilities 10/49 €152,657 €148,482 -€4,176 -2.7%
Equity 10/15 €100,688 €115,088 +€14,400 +14.3%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €82,096 €96,496 +€14,400 +17.5%
Non-distributable reserves 130/1 €1,859 €0 -€1,859 -100.0%
Reserves not available under the articles 1311 €1,859 €0 -€1,859 -100.0%
Distributable reserves 133 €80,237 €96,496 +€16,260 +20.3%
Amounts payable 17/49 €51,969 €33,394 -€18,576 -35.7%
Amounts payable within one year 42/48 €51,969 €33,394 -€18,576 -35.7%
Financial debts 43 €12,000 €10,917 -€1,083 -9.0%
Credit institutions 430/8 €12,000 €10,917 -€1,083 -9.0%
Trade debts 44 €37,034 €16,553 -€20,480 -55.3%
Suppliers 440/4 €37,034 €16,553 -€20,480 -55.3%
Taxes, remuneration and social security 45 €2,936 €5,923 +€2,987 +101.7%
Taxes 450/3 €2,936 €5,923 +€2,987 +101.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,551 €10,985 +€6,434 +141.4%
Other operating charges 640/8 €2,125 €1,762 -€363 -17.1%
Gross operating margin 9900 €55,896 €34,037 -€21,859 -39.1%
Operating profit (loss) 9901 €49,219 €21,289 -€27,930 -56.7%
Financial income 75/76B €4,288 €3,975 -€313 -7.3%
Recurring financial income 75 €4,288 €3,975 -€313 -7.3%
Financial charges 65/66B €1,252 €4,263 +€3,011 +240.4%
Recurring financial charges 65 €1,252 €4,263 +€3,011 +240.4%
Profit (loss) for the period before taxes 9903 €52,254 €21,001 -€31,253 -59.8%
Income taxes 67/77 €12,514 €6,601 -€5,914 -47.3%
Profit (loss) for the period 9904 €39,740 €14,400 -€25,339 -63.8%
Profit (loss) for the period to be appropriated 9905 €39,740 €14,400 -€25,339 -63.8%

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 30 September 2026 via checked.be.