ERD-SIGN: 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.
ERD-SIGN
Largest movements
- Cash -€855
down €855 (-84.1%), from €1,017 to €162
mainly Net result for the year (-€1,520) and Receivables within one year (-€579)
- Receivables within one year +€579
new in 2023: €579
- Other debts +€1,604
up €1,604 (+24.7%), from €6,482 to €8,086
- Profit (loss) carried forward -€1,520
down €1,520 (-25.0%), from -€6,075 to -€7,595
- Tax, wage and social debts -€279
no longer reported in 2023 (was €279)
- Trade debts -€81
no longer reported in 2023 (was €81)
- Purchases and services -€3,657
no longer reported in 2023 (was €3,657)
- Turnover -€2,483
no longer reported in 2023 (was €2,483)
- Gross operating margin +€593
up €593 (+50.5%), from -€1,174 to -€581
- Depreciation -€417
no longer reported in 2023 (was €417)
- Taxes +€368
up €368 (+159%), from €231 to €600
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 | €1,017 | €741 | -€276 | -27.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €1,017 | €741 | -€276 | -27.1% |
| Amounts receivable within one year | 40/41 | - | €579 | +€579 | |
| Other amounts receivable | 41 | - | €579 | +€579 | |
| Cash at bank and in hand | 54/58 | €1,017 | €162 | -€855 | -84.1% |
| Total equity and liabilities | 10/49 | €1,017 | €741 | -€276 | -27.1% |
| Equity | 10/15 | -€5,825 | -€7,345 | -€1,520 | -26.1% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,075 | -€7,595 | -€1,520 | -25.0% |
| Amounts payable | 17/49 | €6,842 | €8,086 | +€1,244 | +18.2% |
| Amounts payable within one year | 42/48 | €6,842 | €8,086 | +€1,244 | +18.2% |
| Trade debts | 44 | €81 | - | -€81 | |
| Suppliers | 440/4 | €81 | - | -€81 | |
| Taxes, remuneration and social security | 45 | €279 | - | -€279 | |
| Taxes | 450/3 | €279 | - | -€279 | |
| Other amounts payable | 47/48 | €6,482 | €8,086 | +€1,604 | +24.7% |
| Turnover | 70 | €2,483 | - | -€2,483 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,657 | - | -€3,657 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €417 | - | -€417 | |
| Other operating charges | 640/8 | €468 | €132 | -€336 | -71.9% |
| Gross operating margin | 9900 | -€1,174 | -€581 | +€593 | +50.5% |
| Operating profit (loss) | 9901 | -€2,059 | -€713 | +€1,346 | +65.4% |
| Financial charges | 65/66B | €120 | €207 | +€87 | +72.6% |
| Recurring financial charges | 65 | €120 | €207 | +€87 | +72.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,179 | -€920 | +€1,259 | +57.8% |
| Income taxes | 67/77 | €231 | €600 | +€368 | +159% |
| Profit (loss) for the period | 9904 | -€2,410 | -€1,520 | +€891 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,410 | -€1,520 | +€891 | +37.0% |
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 13 October 2026 via checked.be.