ETABLISSEMENTS FROMONT: what changed
ETABLISSEMENTS FROMONT
Largest movements
- Receivables within one year -€8,435
down €8,435 (-98.6%), from €8,552 to €117
of which Trade receivables: -€8,552
- Tangible fixed assets -€2,700
no longer reported in 2023 (was €2,700)
- Cash +€2,169
up €2,169 (+6.4%), from €33,788 to €35,957
mainly Trade debts (+€17,661) and Receivables within one year (+€8,435)
- Other debts -€26,065
down €26,065 (-20.6%), from €126,781 to €100,716
- Trade debts +€17,661
up €17,661 (+101%), from €17,461 to €35,122
- Tax, wage and social debts -€738
down €738 (-10.7%), from €6,917 to €6,179
of which Remuneration and social security: -€1,895
- Staff costs -€22,517
down €22,517 (-80.1%), from €28,125 to €5,608
- Gross operating margin -€3,157
down €3,157 (-24.6%), from €12,847 to €9,690
- Other operating charges +€572
up €572 (+3,813%), from €15 to €587
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,864 | €42,898 | -€8,966 | -17.3% |
| Fixed assets | 21/28 | €2,700 | - | -€2,700 | |
| Tangible fixed assets | 22/27 | €2,700 | - | -€2,700 | |
| Land and buildings | 22 | €2,700 | - | -€2,700 | |
| Current assets | 29/58 | €49,164 | €42,898 | -€6,266 | -12.7% |
| Stocks and contracts in progress | 3 | €6,824 | €6,824 | = | 0.0% |
| Stocks | 30/36 | €6,824 | €6,824 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,552 | €117 | -€8,435 | -98.6% |
| Trade receivables | 40 | €8,552 | - | -€8,552 | |
| Other amounts receivable | 41 | - | €117 | +€117 | |
| Cash at bank and in hand | 54/58 | €33,788 | €35,957 | +€2,169 | +6.4% |
| Total equity and liabilities | 10/49 | €51,864 | €42,898 | -€8,966 | -17.3% |
| Equity | 10/15 | -€99,295 | -€99,119 | +€176 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,755 | -€119,579 | +€176 | +0.1% |
| Amounts payable | 17/49 | €151,159 | €142,017 | -€9,142 | -6.0% |
| Amounts payable within one year | 42/48 | €151,159 | €142,017 | -€9,142 | -6.0% |
| Trade debts | 44 | €17,461 | €35,122 | +€17,661 | +101% |
| Suppliers | 440/4 | €17,461 | €35,122 | +€17,661 | +101% |
| Taxes, remuneration and social security | 45 | €6,917 | €6,179 | -€738 | -10.7% |
| Taxes | 450/3 | €5,022 | €6,179 | +€1,157 | +23.0% |
| Remuneration and social security | 454/9 | €1,895 | - | -€1,895 | |
| Other amounts payable | 47/48 | €126,781 | €100,716 | -€26,065 | -20.6% |
| Remuneration, social security and pensions | 62 | €28,125 | €5,608 | -€22,517 | -80.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,701 | €2,700 | -€1 | 0.0% |
| Other operating charges | 640/8 | €15 | €587 | +€572 | +3,813% |
| Gross operating margin | 9900 | €12,847 | €9,690 | -€3,157 | -24.6% |
| Operating profit (loss) | 9901 | -€17,994 | €795 | +€18,789 | |
| Financial charges | 65/66B | €568 | €619 | +€51 | +9.0% |
| Recurring financial charges | 65 | €568 | €619 | +€51 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,562 | €176 | +€18,738 | |
| Profit (loss) for the period | 9904 | -€18,562 | €176 | +€18,738 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,562 | €176 | +€18,738 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.