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Europa Studio: 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.

What changed

Europa Studio

BE 0643.707.242
NACE 41.001, General construction of residential buildings
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
-€1,322
2022 · -€3,158+€1,836
Equity
-€23,098
2022 · -€21,776-€1,322
Cash
€2
2022 · €2
Balance sheet total
€5,447
2022 · €6,769-€1,322

Largest movements

2022 to 2023
Assets
  • Tangible fixed assets -€1,322

    down €1,322 (-30.2%), from €4,382 to €3,059

Equity and liabilities
  • Profit (loss) carried forward -€1,322

    down €1,322 (-3.7%), from -€36,126 to -€37,448

Income statement
  • Purchases and services -€10,487

    no longer reported in 2023 (was €10,487)

  • Turnover -€7,393

    no longer reported in 2023 (was €7,393)

  • Depreciation -€2,253

    down €2,253 (-63.0%), from €3,576 to €1,322

  • Gross operating margin -€828

    no longer reported in 2023 (was €828)

  • Other operating charges -€321

    no longer reported in 2023 (was €321)

From the 2022 result to the 2023 result

effect on the 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.

Result 2022 -€3,158
Turnover -€7,393
Purchases and services +€10,487
Depreciation +€2,253
Other operating charges +€321
Other operating items -€3,922
Financial charges +€90
Result 2023 -€1,322
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2022 to 2023

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.

From operations €0
Investment €0
Financing €0
Cash 2022 €2
Net result for the year -€1,322
Depreciation +€1,322
Cash 2023 €2
brings cash intakes cash out
Every line side by side 35 lines
Line Code 2022 2023 Change %
Total assets 20/58 €6,769 €5,447 -€1,322 -19.5%
Fixed assets 21/28 €4,382 €3,059 -€1,322 -30.2%
Tangible fixed assets 22/27 €4,382 €3,059 -€1,322 -30.2%
Furniture and vehicles 24 €4,382 €3,059 -€1,322 -30.2%
Current assets 29/58 €2,387 €2,387 = 0.0%
Stocks and contracts in progress 3 €2,386 €2,386 = 0.0%
Stocks 30/36 €2,386 €2,386 = 0.0%
Cash at bank and in hand 54/58 €2 €2 = 0.0%
Total equity and liabilities 10/49 €6,769 €5,447 -€1,322 -19.5%
Equity 10/15 -€21,776 -€23,098 -€1,322 -6.1%
Contributions 10/11 €12,400 €12,400 = 0.0%
Capital 10 €12,400 €12,400 = 0.0%
Issued capital 100 €18,600 €18,600 = 0.0%
Uncalled capital 101 €6,200 €6,200 = 0.0%
Reserves 13 €1,950 €1,950 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Legal reserve 130 €1,860 €1,860 = 0.0%
Distributable reserves 133 €90 €90 = 0.0%
Profit (loss) carried forward 14 -€36,126 -€37,448 -€1,322 -3.7%
Amounts payable 17/49 €28,545 €28,545 = 0.0%
Amounts payable within one year 42/48 €28,545 €28,545 = 0.0%
Taxes, remuneration and social security 45 €395 €395 = 0.0%
Taxes 450/3 €395 €395 = 0.0%
Other amounts payable 47/48 €28,150 €28,150 = 0.0%
Turnover 70 €7,393 - -€7,393
Goods, raw materials, services and sundry goods 60/61 €10,487 - -€10,487
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,576 €1,322 -€2,253 -63.0%
Other operating charges 640/8 €321 - -€321
Gross operating margin 9900 €828 - -€828
Operating profit (loss) 9901 -€3,068 -€1,322 +€1,746 +56.9%
Financial charges 65/66B €90 - -€90
Recurring financial charges 65 €90 - -€90
Profit (loss) for the period before taxes 9903 -€3,158 -€1,322 +€1,836 +58.1%
Profit (loss) for the period 9904 -€3,158 -€1,322 +€1,836 +58.1%
Profit (loss) for the period to be appropriated 9905 -€3,158 -€1,322 +€1,836 +58.1%

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 31 October 2026 via checked.be.