E COOL ARCHERY: 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.
E COOL ARCHERY
Largest movements
- Cash -€7,636
no longer reported in 2023 (was €7,636)
mainly Other debts (-€11,242) and Receivables within one year (-€5,317)
- Receivables within one year +€5,317
new in 2023: €5,317
- Stocks and contracts +€4,951
up €4,951 (+8.4%), from €59,069 to €64,020
- Profit (loss) carried forward +€11,624
up €11,624, from -€10,942 to €682
- Other debts -€11,242
down €11,242 (-30.9%), from €36,406 to €25,164
- Trade debts +€3,506
up €3,506 (+330%), from €1,063 to €4,569
- Short-term financial debts -€2,609
down €2,609 (-29.8%), from €8,750 to €6,142
- Tax, wage and social debts +€732
up €732 (+26.1%), from €2,804 to €3,536
- Gross operating margin +€21,389
up €21,389, from -€5,010 to €16,379
- Taxes +€1,693
up €1,693 (+535%), from €316 to €2,010
- Other operating charges -€290
down €290 (-47.5%), from €610 to €320
- Financial charges -€264
down €264 (-12.7%), from €2,070 to €1,806
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 | €68,134 | €70,146 | +€2,013 | +3.0% |
| Fixed assets | 21/28 | €1,429 | €810 | -€619 | -43.3% |
| Tangible fixed assets | 22/27 | €1,329 | €710 | -€619 | -46.6% |
| Plant, machinery and equipment | 23 | €126 | - | -€126 | |
| Furniture and vehicles | 24 | €1,202 | €710 | -€493 | -41.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €66,705 | €69,336 | +€2,632 | +3.9% |
| Stocks and contracts in progress | 3 | €59,069 | €64,020 | +€4,951 | +8.4% |
| Stocks | 30/36 | €59,069 | €64,020 | +€4,951 | +8.4% |
| Amounts receivable within one year | 40/41 | - | €5,317 | +€5,317 | |
| Trade receivables | 40 | - | €5,317 | +€5,317 | |
| Cash at bank and in hand | 54/58 | €7,636 | - | -€7,636 | |
| Total equity and liabilities | 10/49 | €68,134 | €70,146 | +€2,013 | +3.0% |
| Equity | 10/15 | €18,773 | €30,397 | +€11,624 | +61.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,115 | €11,115 | = | 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% |
| Distributable reserves | 133 | €9,255 | €9,255 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,942 | €682 | +€11,624 | |
| Amounts payable | 17/49 | €49,360 | €39,749 | -€9,611 | -19.5% |
| Amounts payable within one year | 42/48 | €49,023 | €39,410 | -€9,613 | -19.6% |
| Financial debts | 43 | €8,750 | €6,142 | -€2,609 | -29.8% |
| Credit institutions | 430/8 | €8,750 | €6,142 | -€2,609 | -29.8% |
| Trade debts | 44 | €1,063 | €4,569 | +€3,506 | +330% |
| Suppliers | 440/4 | €1,063 | €4,569 | +€3,506 | +330% |
| Taxes, remuneration and social security | 45 | €2,804 | €3,536 | +€732 | +26.1% |
| Taxes | 450/3 | €2,804 | €3,536 | +€732 | +26.1% |
| Other amounts payable | 47/48 | €36,406 | €25,164 | -€11,242 | -30.9% |
| Accrued charges and deferred income | 492/3 | €337 | €339 | +€2 | +0.5% |
| Non-recurring operating income | 76A | €1,902 | - | -€1,902 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €623 | €619 | -€4 | -0.6% |
| Other operating charges | 640/8 | €610 | €320 | -€290 | -47.5% |
| Gross operating margin | 9900 | -€5,010 | €16,379 | +€21,389 | |
| Operating profit (loss) | 9901 | -€6,242 | €15,440 | +€21,682 | |
| Financial charges | 65/66B | €2,070 | €1,806 | -€264 | -12.7% |
| Recurring financial charges | 65 | €2,070 | €1,806 | -€264 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,313 | €13,634 | +€21,946 | |
| Income taxes | 67/77 | €316 | €2,010 | +€1,693 | +535% |
| Profit (loss) for the period | 9904 | -€8,629 | €11,624 | +€20,253 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,629 | €11,624 | +€20,253 |
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 14 October 2026 via checked.be.