EVENT WORKS: 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.
EVENT WORKS
Largest movements
- Receivables within one year +€101,704
up €101,704 (+190%), from €53,574 to €155,278
of which Other amounts receivable: +€151,036
- Tangible fixed assets -€90,692
down €90,692 (-87.3%), from €103,828 to €13,135
of which Furniture and vehicles: -€90,009
- Cash +€5,043
up €5,043 (+1,782%), from €283 to €5,326
mainly Investment in fixed assets (net) (+€70,925) and Net result for the year (+€59,792)
- Provisions -€75,000
no longer reported in 2023 (was €75,000)
- Profit (loss) carried forward +€59,792
up €59,792, from -€4,037 to €55,755
- Tax, wage and social debts +€29,149
up €29,149 (+166%), from €17,536 to €46,685
of which Taxes: +€26,959
- Trade debts +€4,211
up €4,211 (+211%), from €1,995 to €6,206
- Other debts -€2,500
no longer reported in 2023 (was €2,500)
- Write-downs -€75,000
new in 2023: -€75,000
- Gross operating margin -€45,528
down €45,528 (-54.1%), from €84,180 to €38,652
- Taxes +€25,502
up €25,502 (+897%), from €2,844 to €28,347
- Staff costs -€17,949
down €17,949 (-67.7%), from €26,505 to €8,556
- Depreciation -€15,323
down €15,323 (-43.7%), from €35,091 to €19,768
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 | €157,764 | €173,740 | +€15,975 | +10.1% |
| Fixed assets | 21/28 | €103,828 | €13,135 | -€90,692 | -87.3% |
| Tangible fixed assets | 22/27 | €103,828 | €13,135 | -€90,692 | -87.3% |
| Plant, machinery and equipment | 23 | €1,172 | €488 | -€684 | -58.3% |
| Furniture and vehicles | 24 | €102,656 | €12,647 | -€90,009 | -87.7% |
| Current assets | 29/58 | €53,937 | €160,604 | +€106,668 | +198% |
| Amounts receivable within one year | 40/41 | €53,574 | €155,278 | +€101,704 | +190% |
| Trade receivables | 40 | €49,331 | - | -€49,331 | |
| Other amounts receivable | 41 | €4,243 | €155,278 | +€151,036 | +3,560% |
| Cash at bank and in hand | 54/58 | €283 | €5,326 | +€5,043 | +1,782% |
| Deferred charges and accrued income | 490/1 | €80 | - | -€80 | |
| Total equity and liabilities | 10/49 | €157,764 | €173,740 | +€15,975 | +10.1% |
| Equity | 10/15 | €60,734 | €120,526 | +€59,792 | +98.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €58,571 | €58,571 | = | 0.0% |
| Distributable reserves | 133 | €58,571 | €58,571 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,037 | €55,755 | +€59,792 | |
| Provisions and deferred taxes | 16 | €75,000 | - | -€75,000 | |
| Provisions for liabilities and charges | 160/5 | €75,000 | - | -€75,000 | |
| Other liabilities and charges | 164/5 | €75,000 | - | -€75,000 | |
| Amounts payable | 17/49 | €22,030 | €53,213 | +€31,183 | +142% |
| Amounts payable within one year | 42/48 | €22,030 | €52,891 | +€30,861 | +140% |
| Trade debts | 44 | €1,995 | €6,206 | +€4,211 | +211% |
| Suppliers | 440/4 | €1,995 | €6,206 | +€4,211 | +211% |
| Taxes, remuneration and social security | 45 | €17,536 | €46,685 | +€29,149 | +166% |
| Taxes | 450/3 | €16,531 | €43,490 | +€26,959 | +163% |
| Remuneration and social security | 454/9 | €1,005 | €3,195 | +€2,190 | +218% |
| Other amounts payable | 47/48 | €2,500 | - | -€2,500 | |
| Accrued charges and deferred income | 492/3 | - | €322 | +€322 | |
| Non-recurring operating income | 76A | - | €20,546 | +€20,546 | |
| Remuneration, social security and pensions | 62 | €26,505 | €8,556 | -€17,949 | -67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,091 | €19,768 | -€15,323 | -43.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€75,000 | -€75,000 | |
| Other operating charges | 640/8 | €2,481 | €206 | -€2,275 | -91.7% |
| Gross operating margin | 9900 | €84,180 | €38,652 | -€45,528 | -54.1% |
| Operating profit (loss) | 9901 | €20,103 | €85,123 | +€65,019 | +323% |
| Financial income | 75/76B | €110 | €3,989 | +€3,879 | +3,526% |
| Recurring financial income | 75 | €110 | €3,989 | +€3,879 | +3,526% |
| Financial charges | 65/66B | €189 | €973 | +€784 | +415% |
| Recurring financial charges | 65 | €189 | €973 | +€784 | +415% |
| Profit (loss) for the period before taxes | 9903 | €20,024 | €88,139 | +€68,114 | +340% |
| Income taxes | 67/77 | €2,844 | €28,347 | +€25,502 | +897% |
| Profit (loss) for the period | 9904 | €17,180 | €59,792 | +€42,612 | +248% |
| Profit (loss) for the period to be appropriated | 9905 | €17,180 | €59,792 | +€42,612 | +248% |
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 15 October 2026 via checked.be.