DOUBLE P: 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 P
Largest movements
- Cash +€26,997
up €26,997 (+136.5%), from €19,772 to €46,769
mainly Receivables within one year (+€18,888) and Short-term financial debts (+€15,000)
- Receivables within one year -€18,888
down €18,888 (-33.6%), from €56,171 to €37,283
of which Other amounts receivable: -€18,888
- Stocks and contracts +€17,445
up €17,445 (+71.5%), from €24,387 to €41,832
- Deferred charges and accrued income -€1,798
down €1,798 (-7.2%), from €24,824 to €23,026
- Short-term financial debts +€15,000
up €15,000 (+11.5%), from €130,000 to €145,000
- Tax, wage and social debts +€10,542
up €10,542 (+2365.0%), from €446 to €10,987
- Profit (loss) carried forward -€3,992
down €3,992 (-2.6%), from -€155,278 to -€159,270
- Accrued charges and deferred income +€1,920
up €1,920 (+100.0%), from €1,920 to €3,840
- Other debts -€1,625
down €1,625 (-9.3%), from €17,387 to €15,762
- Gross operating margin +€55,738
up €55,738, from -€52,015 to €3,723
- Write-downs -€32,282
down €32,282, from €25,372 to -€6,909
- Financial charges +€5,250
up €5,250 (+78.3%), from €6,706 to €11,956
- Other operating charges +€1,219
up €1,219 (+191.6%), from €636 to €1,855
- Financial income -€802
down €802 (-77.1%), from €1,041 to €239
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 | €129,948 | €152,652 | +€22,704 | +17.5% |
| Fixed assets | 21/28 | €4,794 | €3,742 | -€1,052 | -21.9% |
| Tangible fixed assets | 22/27 | €4,299 | €3,247 | -€1,052 | -24.5% |
| Land and buildings | 22 | €3,511 | €3,087 | -€424 | -12.1% |
| Furniture and vehicles | 24 | €548 | - | -€548 | |
| Other tangible fixed assets | 26 | €240 | €160 | -€80 | -33.3% |
| Financial fixed assets | 28 | €495 | €495 | = | 0.0% |
| Current assets | 29/58 | €125,154 | €148,910 | +€23,756 | +19.0% |
| Stocks and contracts in progress | 3 | €24,387 | €41,832 | +€17,445 | +71.5% |
| Stocks | 30/36 | €24,387 | €41,832 | +€17,445 | +71.5% |
| Amounts receivable within one year | 40/41 | €56,171 | €37,283 | -€18,888 | -33.6% |
| Trade receivables | 40 | €29,908 | €29,908 | = | 0.0% |
| Other amounts receivable | 41 | €26,264 | €7,376 | -€18,888 | -71.9% |
| Cash at bank and in hand | 54/58 | €19,772 | €46,769 | +€26,997 | +136.5% |
| Deferred charges and accrued income | 490/1 | €24,824 | €23,026 | -€1,798 | -7.2% |
| Total equity and liabilities | 10/49 | €129,948 | €152,652 | +€22,704 | +17.5% |
| Equity | 10/15 | -€93,850 | -€97,843 | -€3,992 | -4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,828 | €42,828 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €40,968 | €40,968 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€155,278 | -€159,270 | -€3,992 | -2.6% |
| Amounts payable | 17/49 | €223,798 | €250,494 | +€26,696 | +11.9% |
| Amounts payable after more than one year | 17 | €48,000 | €48,000 | = | 0.0% |
| Financial debts | 170/4 | €48,000 | €48,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €173,878 | €198,654 | +€24,776 | +14.2% |
| Financial debts | 43 | €130,000 | €145,000 | +€15,000 | +11.5% |
| Credit institutions | 430/8 | €130,000 | €145,000 | +€15,000 | +11.5% |
| Trade debts | 44 | €26,045 | €26,905 | +€859 | +3.3% |
| Suppliers | 440/4 | €26,045 | €26,905 | +€859 | +3.3% |
| Taxes, remuneration and social security | 45 | €446 | €10,987 | +€10,542 | +2365.0% |
| Taxes | 450/3 | €446 | €10,987 | +€10,542 | +2365.0% |
| Other amounts payable | 47/48 | €17,387 | €15,762 | -€1,625 | -9.3% |
| Accrued charges and deferred income | 492/3 | €1,920 | €3,840 | +€1,920 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,457 | €1,052 | -€405 | -27.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,372 | -€6,909 | -€32,282 | |
| Other operating charges | 640/8 | €636 | €1,855 | +€1,219 | +191.6% |
| Gross operating margin | 9900 | -€52,015 | €3,723 | +€55,738 | |
| Operating profit (loss) | 9901 | -€79,481 | €7,726 | +€87,207 | |
| Financial income | 75/76B | €1,041 | €239 | -€802 | -77.1% |
| Recurring financial income | 75 | €1,041 | €239 | -€802 | -77.1% |
| Financial charges | 65/66B | €6,706 | €11,956 | +€5,250 | +78.3% |
| Recurring financial charges | 65 | €6,706 | €11,956 | +€5,250 | +78.3% |
| Profit (loss) for the period before taxes | 9903 | -€85,146 | -€3,992 | +€81,154 | +95.3% |
| Profit (loss) for the period | 9904 | -€85,146 | -€3,992 | +€81,154 | +95.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,146 | -€3,992 | +€81,154 | +95.3% |
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 29 September 2026 via checked.be.