FA-CO: 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.
FA-CO
Largest movements
- Cash +€17,633
new in 2023: €17,633
mainly Other debts (+€18,445) and Tax, wage and social debts (+€6,063)
- Stocks and contracts +€12,731
up €12,731 (+117%), from €10,900 to €23,631
- Tangible fixed assets -€514
down €514 (-43.0%), from €1,195 to €681
- Other debts +€18,445
up €18,445 (+3,900%), from €473 to €18,918
- Tax, wage and social debts +€6,063
new in 2023: €6,063
- Profit (loss) carried forward +€4,445
up €4,445 (+368%), from €1,209 to €5,654
- Accrued charges and deferred income +€750
new in 2023: €750
- Gross operating margin +€5,738
up €5,738 (+286%), from €2,009 to €7,747
- Taxes +€1,112
new in 2023: €1,112
- Other operating charges +€567
up €567 (+53.8%), from €1,054 to €1,621
- Depreciation +€208
up €208 (+68.0%), from €306 to €514
- Financial charges -€91
down €91 (-61.9%), from €147 to €56
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 | €12,097 | €41,985 | +€29,888 | +247% |
| Fixed assets | 21/28 | €1,195 | €681 | -€514 | -43.0% |
| Tangible fixed assets | 22/27 | €1,195 | €681 | -€514 | -43.0% |
| Furniture and vehicles | 24 | €1,195 | €681 | -€514 | -43.0% |
| Current assets | 29/58 | €10,902 | €41,304 | +€30,402 | +279% |
| Stocks and contracts in progress | 3 | €10,900 | €23,631 | +€12,731 | +117% |
| Stocks | 30/36 | €10,900 | €23,631 | +€12,731 | +117% |
| Amounts receivable within one year | 40/41 | €2 | €40 | +€38 | +1,900% |
| Other amounts receivable | 41 | €2 | €40 | +€38 | +1,900% |
| Cash at bank and in hand | 54/58 | - | €17,633 | +€17,633 | |
| Total equity and liabilities | 10/49 | €12,097 | €41,985 | +€29,888 | +247% |
| Equity | 10/15 | €11,209 | €15,654 | +€4,445 | +39.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,209 | €5,654 | +€4,445 | +368% |
| Amounts payable | 17/49 | €888 | €26,331 | +€25,443 | +2,865% |
| Amounts payable within one year | 42/48 | €888 | €25,581 | +€24,693 | +2,781% |
| Trade debts | 44 | €415 | €600 | +€185 | +44.6% |
| Suppliers | 440/4 | €415 | €600 | +€185 | +44.6% |
| Taxes, remuneration and social security | 45 | - | €6,063 | +€6,063 | |
| Taxes | 450/3 | - | €6,063 | +€6,063 | |
| Other amounts payable | 47/48 | €473 | €18,918 | +€18,445 | +3,900% |
| Accrued charges and deferred income | 492/3 | - | €750 | +€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €306 | €514 | +€208 | +68.0% |
| Other operating charges | 640/8 | €1,054 | €1,621 | +€567 | +53.8% |
| Gross operating margin | 9900 | €2,009 | €7,747 | +€5,738 | +286% |
| Operating profit (loss) | 9901 | €649 | €5,612 | +€4,963 | +765% |
| Financial income | 75/76B | €30 | €2 | -€28 | -93.3% |
| Recurring financial income | 75 | €30 | €2 | -€28 | -93.3% |
| Financial charges | 65/66B | €147 | €56 | -€91 | -61.9% |
| Recurring financial charges | 65 | €147 | €56 | -€91 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €532 | €5,558 | +€5,026 | +945% |
| Income taxes | 67/77 | - | €1,112 | +€1,112 | |
| Profit (loss) for the period | 9904 | €532 | €4,446 | +€3,914 | +736% |
| Profit (loss) for the period to be appropriated | 9905 | €532 | €4,446 | +€3,914 | +736% |
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 14 October 2026 via checked.be.