EJETI: 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.
EJETI
Largest movements
- Receivables within one year +€121,546
up €121,546 (+1,065%), from €11,408 to €132,955
of which Other amounts receivable: +€120,000
- Cash -€45,646
down €45,646 (-76.0%), from €60,074 to €14,428
mainly Receivables within one year (-€121,546) and Other debts (-€17,436)
- Tangible fixed assets -€44,208
down €44,208 (-36.3%), from €121,823 to €77,616
- Reserves +€38,660
up €38,660 (+57.2%), from €67,575 to €106,235
of which Distributable reserves: +€38,660
- Other debts -€17,436
down €17,436 (-29.4%), from €59,255 to €41,819
- Tax, wage and social debts +€14,747
new in 2023: €14,747
- Current portion of long-term debt -€4,500
no longer reported in 2023 (was €4,500)
- Gross operating margin +€43,925
up €43,925 (+81.2%), from €54,122 to €98,047
- Turnover +€35,058
up €35,058 (+48.6%), from €72,176 to €107,234
- Taxes +€14,747
up €14,747, from -€674 to €14,073
- Purchases and services -€8,867
down €8,867 (-49.1%), from €18,054 to €9,187
- Financial charges -€1,241
down €1,241 (-92.6%), from €1,340 to €100
of which Non-recurring financial charges: -€1,215
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 | €193,306 | €224,998 | +€31,692 | +16.4% |
| Fixed assets | 21/28 | €121,823 | €77,616 | -€44,208 | -36.3% |
| Tangible fixed assets | 22/27 | €121,823 | €77,616 | -€44,208 | -36.3% |
| Plant, machinery and equipment | 23 | €121,823 | €77,616 | -€44,208 | -36.3% |
| Current assets | 29/58 | €71,483 | €147,383 | +€75,900 | +106% |
| Amounts receivable within one year | 40/41 | €11,408 | €132,955 | +€121,546 | +1,065% |
| Trade receivables | 40 | €10,735 | €12,281 | +€1,546 | +14.4% |
| Other amounts receivable | 41 | €674 | €120,674 | +€120,000 | +17,814% |
| Cash at bank and in hand | 54/58 | €60,074 | €14,428 | -€45,646 | -76.0% |
| Total equity and liabilities | 10/49 | €193,306 | €224,998 | +€31,692 | +16.4% |
| Equity | 10/15 | €127,575 | €166,235 | +€38,660 | +30.3% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Capital | 10 | - | €60,000 | +€60,000 | |
| Issued capital | 100 | - | €60,000 | +€60,000 | |
| Reserves | 13 | €67,575 | €106,235 | +€38,660 | +57.2% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €61,575 | €100,235 | +€38,660 | +62.8% |
| Amounts payable | 17/49 | €65,731 | €58,764 | -€6,968 | -10.6% |
| Amounts payable within one year | 42/48 | €65,731 | €58,764 | -€6,968 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €4,500 | - | -€4,500 | |
| Trade debts | 44 | €1,976 | €2,198 | +€221 | +11.2% |
| Suppliers | 440/4 | €1,976 | €2,198 | +€221 | +11.2% |
| Taxes, remuneration and social security | 45 | - | €14,747 | +€14,747 | |
| Taxes | 450/3 | - | €14,747 | +€14,747 | |
| Other amounts payable | 47/48 | €59,255 | €41,819 | -€17,436 | -29.4% |
| Turnover | 70 | €72,176 | €107,234 | +€35,058 | +48.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,054 | €9,187 | -€8,867 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,208 | €44,208 | = | 0.0% |
| Other operating charges | 640/8 | €919 | €1,006 | +€87 | +9.5% |
| Gross operating margin | 9900 | €54,122 | €98,047 | +€43,925 | +81.2% |
| Operating profit (loss) | 9901 | €8,995 | €52,833 | +€43,838 | +487% |
| Financial charges | 65/66B | €1,340 | €100 | -€1,241 | -92.6% |
| Recurring financial charges | 65 | €125 | €100 | -€25 | -20.3% |
| Non-recurring financial charges | 66B | €1,215 | - | -€1,215 | |
| Profit (loss) for the period before taxes | 9903 | €7,655 | €52,733 | +€45,078 | +589% |
| Income taxes | 67/77 | -€674 | €14,073 | +€14,747 | |
| Profit (loss) for the period | 9904 | €8,329 | €38,660 | +€30,332 | +364% |
| Profit (loss) for the period to be appropriated | 9905 | €8,329 | €38,660 | +€30,332 | +364% |
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 24 October 2026 via checked.be.