DOUBLE G: 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.
DOUBLE G
Largest movements
- Receivables within one year +€53,226
up €53,226 (+27.1%), from €196,068 to €249,294
of which Other amounts receivable: +€53,122
- Cash -€12,039
down €12,039 (-71.7%), from €16,798 to €4,759
mainly Receivables within one year (-€53,226) and Net result for the year (-€23,228)
- Tax, wage and social debts +€58,723
up €58,723 (+219.2%), from €26,791 to €85,514
of which Taxes: +€64,683
- Profit (loss) carried forward -€23,228
down €23,228 (-16.9%), from €137,167 to €113,939
- Other debts +€19,245
up €19,245 (+6.0%), from €318,819 to €338,064
- Trade debts -€17,966
down €17,966 (-59.2%), from €30,363 to €12,397
- Gross operating margin -€59,220
down €59,220 (-40.3%), from €146,838 to €87,618
- Taxes +€59,017
up €59,017 (+128.8%), from €45,831 to €104,848
- Staff costs -€48,109
no longer reported in 2023 (was €48,109)
- Other operating charges -€1,903
down €1,903 (-61.8%), from €3,081 to €1,178
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 | €533,958 | €570,434 | +€36,476 | +6.8% |
| Fixed assets | 21/28 | €318,207 | €315,932 | -€2,274 | -0.7% |
| Tangible fixed assets | 22/27 | €18,207 | €15,932 | -€2,274 | -12.5% |
| Land and buildings | 22 | €13,915 | €12,415 | -€1,500 | -10.8% |
| Furniture and vehicles | 24 | €4,292 | €3,517 | -€774 | -18.0% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €215,751 | €254,501 | +€38,751 | +18.0% |
| Amounts receivable within one year | 40/41 | €196,068 | €249,294 | +€53,226 | +27.1% |
| Trade receivables | 40 | - | €104 | +€104 | |
| Other amounts receivable | 41 | €196,068 | €249,190 | +€53,122 | +27.1% |
| Cash at bank and in hand | 54/58 | €16,798 | €4,759 | -€12,039 | -71.7% |
| Deferred charges and accrued income | 490/1 | €2,885 | €449 | -€2,436 | -84.4% |
| Total equity and liabilities | 10/49 | €533,958 | €570,434 | +€36,476 | +6.8% |
| Equity | 10/15 | €157,687 | €134,459 | -€23,228 | -14.7% |
| Contributions | 10/11 | €18,660 | €18,660 | = | 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 | €137,167 | €113,939 | -€23,228 | -16.9% |
| Amounts payable | 17/49 | €376,270 | €435,975 | +€59,704 | +15.9% |
| Amounts payable within one year | 42/48 | €375,973 | €435,975 | +€60,002 | +16.0% |
| Trade debts | 44 | €30,363 | €12,397 | -€17,966 | -59.2% |
| Suppliers | 440/4 | €30,363 | €12,397 | -€17,966 | -59.2% |
| Taxes, remuneration and social security | 45 | €26,791 | €85,514 | +€58,723 | +219.2% |
| Taxes | 450/3 | €20,831 | €85,514 | +€64,683 | +310.5% |
| Remuneration and social security | 454/9 | €5,960 | - | -€5,960 | |
| Other amounts payable | 47/48 | €318,819 | €338,064 | +€19,245 | +6.0% |
| Accrued charges and deferred income | 492/3 | €298 | - | -€298 | |
| Remuneration, social security and pensions | 62 | €48,109 | - | -€48,109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,119 | €4,415 | +€1,296 | +41.6% |
| Other operating charges | 640/8 | €3,081 | €1,178 | -€1,903 | -61.8% |
| Gross operating margin | 9900 | €146,838 | €87,618 | -€59,220 | -40.3% |
| Operating profit (loss) | 9901 | €92,530 | €82,025 | -€10,505 | -11.4% |
| Financial income | 75/76B | €85 | - | -€85 | |
| Recurring financial income | 75 | €85 | - | -€85 | |
| Financial charges | 65/66B | €306 | €405 | +€99 | +32.6% |
| Recurring financial charges | 65 | €306 | €405 | +€99 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €92,309 | €81,620 | -€10,689 | -11.6% |
| Income taxes | 67/77 | €45,831 | €104,848 | +€59,017 | +128.8% |
| Profit (loss) for the period | 9904 | €46,478 | -€23,228 | -€69,706 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,478 | -€23,228 | -€69,706 |
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.