Erik de Badts: 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.
Erik de Badts
Largest movements
- Cash +€38,097
up €38,097 (+605%), from €6,295 to €44,392
mainly Net result for the year (+€39,721) and Tax, wage and social debts (+€10,884)
- Receivables within one year +€6,824
up €6,824 (+20.3%), from €33,616 to €40,440
of which Other amounts receivable: +€3,490
- Profit (loss) carried forward +€23,292
no longer reported in 2023 (was -€23,292)
- Reserves +€16,429
up €16,429 (+254%), from €6,466 to €22,895
of which Distributable reserves: +€16,429
- Tax, wage and social debts +€10,884
up €10,884 (+101%), from €10,826 to €21,710
- Trade debts -€9,162
no longer reported in 2023 (was €9,162)
- Other debts +€3,698
up €3,698 (+21.4%), from €17,304 to €21,002
- Gross operating margin +€54,116
up €54,116, from -€3,370 to €50,746
- Taxes +€7,834
new in 2023: €7,834
- Financial income -€7,632
no longer reported in 2023 (was €7,632)
- Other operating charges +€647
up €647 (+109%), from €592 to €1,239
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 | €42,941 | €87,862 | +€44,921 | +105% |
| Current assets | 29/58 | €42,941 | €87,862 | +€44,921 | +105% |
| Amounts receivable within one year | 40/41 | €33,616 | €40,440 | +€6,824 | +20.3% |
| Trade receivables | 40 | €17,787 | €21,121 | +€3,334 | +18.7% |
| Other amounts receivable | 41 | €15,829 | €19,319 | +€3,490 | +22.0% |
| Current investments | 50/53 | €3,030 | €3,030 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,295 | €44,392 | +€38,097 | +605% |
| Total equity and liabilities | 10/49 | €42,941 | €87,862 | +€44,921 | +105% |
| Equity | 10/15 | €1,774 | €41,495 | +€39,721 | +2,239% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,466 | €22,895 | +€16,429 | +254% |
| 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 | €4,606 | €21,035 | +€16,429 | +357% |
| Profit (loss) carried forward | 14 | -€23,292 | - | +€23,292 | |
| Amounts payable | 17/49 | €41,167 | €46,367 | +€5,200 | +12.6% |
| Amounts payable within one year | 42/48 | €37,292 | €42,712 | +€5,420 | +14.5% |
| Trade debts | 44 | €9,162 | - | -€9,162 | |
| Suppliers | 440/4 | €9,162 | - | -€9,162 | |
| Taxes, remuneration and social security | 45 | €10,826 | €21,710 | +€10,884 | +101% |
| Taxes | 450/3 | €10,826 | €21,710 | +€10,884 | +101% |
| Other amounts payable | 47/48 | €17,304 | €21,002 | +€3,698 | +21.4% |
| Accrued charges and deferred income | 492/3 | €3,875 | €3,655 | -€220 | -5.7% |
| Other operating charges | 640/8 | €592 | €1,239 | +€647 | +109% |
| Non-recurring operating charges | 66A | - | €290 | +€290 | |
| Gross operating margin | 9900 | -€3,370 | €50,746 | +€54,116 | |
| Operating profit (loss) | 9901 | -€3,962 | €49,217 | +€53,179 | |
| Financial income | 75/76B | €7,632 | - | -€7,632 | |
| Recurring financial income | 75 | €7,632 | - | -€7,632 | |
| Financial charges | 65/66B | €1,445 | €1,662 | +€217 | +15.0% |
| Recurring financial charges | 65 | €1,445 | €1,662 | +€217 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €2,225 | €47,555 | +€45,330 | +2,037% |
| Income taxes | 67/77 | - | €7,834 | +€7,834 | |
| Profit (loss) for the period | 9904 | €2,225 | €39,721 | +€37,496 | +1,685% |
| Profit (loss) for the period to be appropriated | 9905 | €2,225 | €39,721 | +€37,496 | +1,685% |
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 28 October 2026 via checked.be.