ELEVEN CO: 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.
ELEVEN CO
Largest movements
- Receivables within one year +€5,536
new in 2023: €5,536
- Stocks and contracts -€4,250
down €4,250 (-17.9%), from €23,693 to €19,443
- Cash -€1,723
down €1,723 (-66.7%), from €2,585 to €862
mainly Other debts (-€10,234) and Net result for the year (-€8,732)
- Tax, wage and social debts +€18,175
up €18,175 (+641%), from €2,835 to €21,010
of which Remuneration and social security: +€17,791
- Other debts -€10,234
down €10,234 (-46.6%), from €21,981 to €11,747
- Profit (loss) carried forward -€8,732
down €8,732, from €862 to -€7,870
- Trade debts +€353
new in 2023: €353
- Purchases and services +€25,384
new in 2023: €25,384
- Turnover +€16,755
new in 2023: €16,755
- Gross operating margin -€10,205
down €10,205, from €1,577 to -€8,628
- Other operating charges -€624
no longer reported in 2023 (was €624)
- Staff costs -€187
no longer reported in 2023 (was €187)
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 | €32,278 | €31,840 | -€438 | -1.4% |
| Fixed assets | 21/28 | €6,000 | €6,000 | = | 0.0% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €26,278 | €25,840 | -€438 | -1.7% |
| Stocks and contracts in progress | 3 | €23,693 | €19,443 | -€4,250 | -17.9% |
| Stocks | 30/36 | €23,693 | €19,443 | -€4,250 | -17.9% |
| Amounts receivable within one year | 40/41 | - | €5,536 | +€5,536 | |
| Trade receivables | 40 | - | €5,536 | +€5,536 | |
| Cash at bank and in hand | 54/58 | €2,585 | €862 | -€1,723 | -66.7% |
| Total equity and liabilities | 10/49 | €32,278 | €31,840 | -€438 | -1.4% |
| Equity | 10/15 | €7,462 | -€1,270 | -€8,732 | |
| Contributions | 10/11 | €6,600 | €6,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €862 | -€7,870 | -€8,732 | |
| Amounts payable | 17/49 | €24,816 | €33,110 | +€8,294 | +33.4% |
| Amounts payable within one year | 42/48 | €24,816 | €33,110 | +€8,294 | +33.4% |
| Trade debts | 44 | - | €353 | +€353 | |
| Suppliers | 440/4 | - | €353 | +€353 | |
| Taxes, remuneration and social security | 45 | €2,835 | €21,010 | +€18,175 | +641% |
| Taxes | 450/3 | €2,281 | €2,665 | +€384 | +16.8% |
| Remuneration and social security | 454/9 | €554 | €18,345 | +€17,791 | +3,211% |
| Other amounts payable | 47/48 | €21,981 | €11,747 | -€10,234 | -46.6% |
| Turnover | 70 | - | €16,755 | +€16,755 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €25,384 | +€25,384 | |
| Remuneration, social security and pensions | 62 | €187 | - | -€187 | |
| Other operating charges | 640/8 | €624 | - | -€624 | |
| Gross operating margin | 9900 | €1,577 | -€8,628 | -€10,205 | |
| Operating profit (loss) | 9901 | €766 | -€8,628 | -€9,394 | |
| Financial charges | 65/66B | €199 | €104 | -€95 | -47.9% |
| Recurring financial charges | 65 | €199 | €104 | -€95 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | €567 | -€8,732 | -€9,299 | |
| Income taxes | 67/77 | -€120 | - | +€120 | |
| Profit (loss) for the period | 9904 | €687 | -€8,732 | -€9,419 | |
| Profit (loss) for the period to be appropriated | 9905 | €687 | -€8,732 | -€9,419 |
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.