ENVERZ: 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.
ENVERZ
Largest movements
- Cash +€24,156
up €24,156 (+38.6%), from €62,524 to €86,680
mainly Tax, wage and social debts (+€8,730) and Receivables within one year (+€8,140)
- Receivables within one year -€8,140
down €8,140 (-8.9%), from €91,263 to €83,123
of which Trade receivables: -€9,724
- Stocks and contracts -€3,324
down €3,324 (-36.5%), from €9,113 to €5,789
- Tangible fixed assets -€3,206
down €3,206 (-28.5%), from €11,256 to €8,051
of which Furniture and vehicles: -€4,578
- Deferred charges and accrued income -€2,261
down €2,261 (-73.3%), from €3,084 to €823
- Tax, wage and social debts +€8,730
up €8,730 (+27.9%), from €31,346 to €40,076
of which Taxes: +€16,096
- Trade debts -€4,947
down €4,947 (-64.3%), from €7,695 to €2,748
- Other debts +€3,205
new in 2023: €3,205
- Gross operating margin -€27,269
down €27,269 (-36.9%), from €73,828 to €46,559
- Staff costs -€17,172
down €17,172 (-42.9%), from €40,035 to €22,863
- Write-downs +€6,381
up €6,381, from -€3,208 to €3,173
- Other operating charges +€5,158
up €5,158 (+94.9%), from €5,438 to €10,596
- Taxes -€3,764
down €3,764 (-50.1%), from €7,521 to €3,756
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 | €177,241 | €184,466 | +€7,225 | +4.1% |
| Fixed assets | 21/28 | €11,256 | €8,051 | -€3,206 | -28.5% |
| Tangible fixed assets | 22/27 | €11,256 | €8,051 | -€3,206 | -28.5% |
| Land and buildings | 22 | - | €2,207 | +€2,207 | |
| Plant, machinery and equipment | 23 | €2,668 | €1,834 | -€835 | -31.3% |
| Furniture and vehicles | 24 | €8,588 | €4,010 | -€4,578 | -53.3% |
| Current assets | 29/58 | €165,985 | €176,415 | +€10,430 | +6.3% |
| Stocks and contracts in progress | 3 | €9,113 | €5,789 | -€3,324 | -36.5% |
| Stocks | 30/36 | €9,113 | €5,789 | -€3,324 | -36.5% |
| Amounts receivable within one year | 40/41 | €91,263 | €83,123 | -€8,140 | -8.9% |
| Trade receivables | 40 | €76,044 | €66,320 | -€9,724 | -12.8% |
| Other amounts receivable | 41 | €15,219 | €16,803 | +€1,584 | +10.4% |
| Cash at bank and in hand | 54/58 | €62,524 | €86,680 | +€24,156 | +38.6% |
| Deferred charges and accrued income | 490/1 | €3,084 | €823 | -€2,261 | -73.3% |
| Total equity and liabilities | 10/49 | €177,241 | €184,466 | +€7,225 | +4.1% |
| Equity | 10/15 | €138,200 | €138,436 | +€236 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,600 | €119,836 | +€236 | +0.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €15,410 | €15,410 | = | 0.0% |
| Distributable reserves | 133 | €102,329 | €104,425 | +€2,096 | +2.0% |
| Amounts payable | 17/49 | €39,041 | €46,030 | +€6,989 | +17.9% |
| Amounts payable within one year | 42/48 | €39,041 | €46,030 | +€6,989 | +17.9% |
| Trade debts | 44 | €7,695 | €2,748 | -€4,947 | -64.3% |
| Suppliers | 440/4 | €7,695 | €2,748 | -€4,947 | -64.3% |
| Taxes, remuneration and social security | 45 | €31,346 | €40,076 | +€8,730 | +27.9% |
| Taxes | 450/3 | €23,980 | €40,076 | +€16,096 | +67.1% |
| Remuneration and social security | 454/9 | €7,365 | - | -€7,365 | |
| Other amounts payable | 47/48 | - | €3,205 | +€3,205 | |
| Non-recurring operating income | 76A | - | €3,275 | +€3,275 | |
| Remuneration, social security and pensions | 62 | €40,035 | €22,863 | -€17,172 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,443 | €4,232 | -€1,211 | -22.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,208 | €3,173 | +€6,381 | |
| Other operating charges | 640/8 | €5,438 | €10,596 | +€5,158 | +94.9% |
| Gross operating margin | 9900 | €73,828 | €46,559 | -€27,269 | -36.9% |
| Operating profit (loss) | 9901 | €26,120 | €5,695 | -€20,425 | -78.2% |
| Financial income | 75/76B | €605 | €542 | -€62 | -10.3% |
| Recurring financial income | 75 | €605 | €542 | -€62 | -10.3% |
| Financial charges | 65/66B | €1,403 | €2,246 | +€843 | +60.1% |
| Recurring financial charges | 65 | €1,403 | €2,246 | +€843 | +60.1% |
| Profit (loss) for the period before taxes | 9903 | €25,322 | €3,992 | -€21,330 | -84.2% |
| Income taxes | 67/77 | €7,521 | €3,756 | -€3,764 | -50.1% |
| Profit (loss) for the period | 9904 | €17,802 | €236 | -€17,566 | -98.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,802 | €236 | -€17,566 | -98.7% |
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 30 October 2026 via checked.be.