Ets Damien CONSTANT: what changed
What changed
Ets Damien CONSTANT
filed annual accounts (NBB)
Net result for the year
-€21,671
2022 · -€1,464-€20,207
Equity
-€11,031
2022 · €10,640-€21,671
Cash
€3,811
2022 · €3,000+€811
Balance sheet total
€50,534
2022 · €110,420-€59,886
Largest movements
Assets
- Receivables within one year -€53,706
down €53,706 (-85.2%), from €63,059 to €9,353
of which Trade receivables: -€52,478
- Stocks and contracts -€4,614
down €4,614 (-11.3%), from €40,819 to €36,205
- Tangible fixed assets -€1,977
no longer reported in 2023 (was €1,977)
Equity and liabilities
- Debts after one year -€26,000
down €26,000 (-32.3%), from €80,559 to €54,559
- Profit (loss) carried forward -€21,671
down €21,671 (-97.6%), from -€22,206 to -€43,877
- Trade debts -€9,303
down €9,303 (-59.8%), from €15,547 to €6,244
- Other debts -€2,157
down €2,157 (-75.2%), from €2,870 to €713
Income statement
- Turnover -€24,916
down €24,916 (-47.8%), from €52,135 to €27,219
- Purchases and services -€12,969
down €12,969 (-25.9%), from €50,022 to €37,053
- Gross operating margin -€11,947
down €11,947, from €2,113 to -€9,834
- Other operating charges -€664
down €664 (-67.4%), from €985 to €321
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.
Result 2022
-€1,464
Gross operating margin
-€11,947
Staff costs
-€357
Depreciation
+€486
Other operating charges
+€664
Other operating items
-€8,953
Financial income
-€99
Financial charges
-€1
Result 2023
-€21,671
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€26,811
Investment
€0
Financing
-€26,000
Cash 2022
€3,000
From operations (derived)
+€26,811
Net result for the year
-€21,671
Depreciation
+€1,977
Stocks and contracts
+€4,614
Receivables within one year
+€53,706
Deferred charges and accrued income
+€400
Trade debts
-€9,303
Tax, wage and social debts
-€755
Other debts
-€2,157
Financing
-€26,000
Debts after one year
-€26,000
Cash 2023
€3,811
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,420 | €50,534 | -€59,886 | -54.2% |
| Fixed assets | 21/28 | €2,012 | €35 | -€1,977 | -98.3% |
| Tangible fixed assets | 22/27 | €1,977 | - | -€1,977 | |
| Furniture and vehicles | 24 | €1,977 | - | -€1,977 | |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €108,408 | €50,499 | -€57,909 | -53.4% |
| Stocks and contracts in progress | 3 | €40,819 | €36,205 | -€4,614 | -11.3% |
| Stocks | 30/36 | €40,819 | €36,205 | -€4,614 | -11.3% |
| Amounts receivable within one year | 40/41 | €63,059 | €9,353 | -€53,706 | -85.2% |
| Trade receivables | 40 | €61,192 | €8,714 | -€52,478 | -85.8% |
| Other amounts receivable | 41 | €1,867 | €639 | -€1,228 | -65.8% |
| Cash at bank and in hand | 54/58 | €3,000 | €3,811 | +€811 | +27.0% |
| Deferred charges and accrued income | 490/1 | €1,530 | €1,130 | -€400 | -26.1% |
| Total equity and liabilities | 10/49 | €110,420 | €50,534 | -€59,886 | -54.2% |
| Equity | 10/15 | €10,640 | -€11,031 | -€21,671 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €14,254 | €14,254 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €12,395 | €12,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,206 | -€43,877 | -€21,671 | -97.6% |
| Amounts payable | 17/49 | €99,780 | €61,565 | -€38,215 | -38.3% |
| Amounts payable after more than one year | 17 | €80,559 | €54,559 | -€26,000 | -32.3% |
| Financial debts | 170/4 | €80,559 | €54,559 | -€26,000 | -32.3% |
| Amounts payable within one year | 42/48 | €19,221 | €7,006 | -€12,215 | -63.6% |
| Trade debts | 44 | €15,547 | €6,244 | -€9,303 | -59.8% |
| Suppliers | 440/4 | €15,547 | €6,244 | -€9,303 | -59.8% |
| Taxes, remuneration and social security | 45 | €804 | €49 | -€755 | -93.9% |
| Taxes | 450/3 | €804 | €49 | -€755 | -93.9% |
| Other amounts payable | 47/48 | €2,870 | €713 | -€2,157 | -75.2% |
| Turnover | 70 | €52,135 | €27,219 | -€24,916 | -47.8% |
| Non-recurring operating income | 76A | - | €523 | +€523 | |
| Goods, raw materials, services and sundry goods | 60/61 | €50,022 | €37,053 | -€12,969 | -25.9% |
| Remuneration, social security and pensions | 62 | - | €357 | +€357 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,463 | €1,977 | -€486 | -19.7% |
| Other operating charges | 640/8 | €985 | €321 | -€664 | -67.4% |
| Non-recurring operating charges | 66A | - | €8,953 | +€8,953 | |
| Gross operating margin | 9900 | €2,113 | -€9,834 | -€11,947 | |
| Operating profit (loss) | 9901 | -€1,335 | -€21,442 | -€20,107 | -1,506% |
| Financial income | 75/76B | €118 | €19 | -€99 | -83.9% |
| Recurring financial income | 75 | €118 | €19 | -€99 | -83.9% |
| Financial charges | 65/66B | €247 | €248 | +€1 | +0.4% |
| Recurring financial charges | 65 | €247 | €248 | +€1 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,464 | -€21,671 | -€20,207 | -1,380% |
| Profit (loss) for the period | 9904 | -€1,464 | -€21,671 | -€20,207 | -1,380% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,464 | -€21,671 | -€20,207 | -1,380% |
Next steps
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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 6 November 2026 via checked.be.