FLASHBAG: what changed
Two fiscal 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.
FLASHBAG
Largest movements
- Tangible fixed assets +€12,363
up €12,363 (+23121.0%), from €53 to €12,416
- Receivables within one year -€6,397
down €6,397 (-85.3%), from €7,500 to €1,103
of which Trade receivables: -€7,381
- Cash -€5,213
down €5,213 (-81.0%), from €6,438 to €1,225
mainly Net result for the year (-€17,946) and Investment in fixed assets (net) (-€15,023)
- Deferred charges and accrued income -€694
no longer reported in 2023 (was €694)
- Other debts +€31,661
up €31,661 (+95.5%), from €33,149 to €64,810
- Profit (loss) carried forward -€18,662
down €18,662 (-21.9%), from -€85,350 to -€104,012
- Tax, wage and social debts -€10,948
down €10,948 (-98.7%), from €11,093 to €145
of which Remuneration and social security: -€7,491
- Trade debts -€1,992
down €1,992 (-73.0%), from €2,728 to €736
- Gross operating margin -€23,274
down €23,274, from €9,011 to -€14,263
- Depreciation +€2,542
up €2,542 (+2156.1%), from €118 to €2,660
- Other operating charges -€377
down €377 (-33.7%), from €1,118 to €741
- Taxes +€145
new in 2023: €145
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.
Cash bridge derived
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 | €14,685 | €14,744 | +€59 | +0.4% |
| Fixed assets | 21/28 | €53 | €12,416 | +€12,363 | +23121.0% |
| Tangible fixed assets | 22/27 | €53 | €12,416 | +€12,363 | +23121.0% |
| Furniture and vehicles | 24 | €53 | €12,416 | +€12,363 | +23121.0% |
| Current assets | 29/58 | €14,631 | €2,328 | -€12,304 | -84.1% |
| Amounts receivable within one year | 40/41 | €7,500 | €1,103 | -€6,397 | -85.3% |
| Trade receivables | 40 | €7,381 | - | -€7,381 | |
| Other amounts receivable | 41 | €119 | €1,103 | +€984 | +830.1% |
| Cash at bank and in hand | 54/58 | €6,438 | €1,225 | -€5,213 | -81.0% |
| Deferred charges and accrued income | 490/1 | €694 | - | -€694 | |
| Total equity and liabilities | 10/49 | €14,685 | €14,744 | +€59 | +0.4% |
| Equity | 10/15 | -€82,286 | -€100,947 | -€18,662 | -22.7% |
| Contributions | 10/11 | €1,205 | €1,205 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,350 | -€104,012 | -€18,662 | -21.9% |
| Amounts payable | 17/49 | €96,970 | €115,691 | +€18,721 | +19.3% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €46,970 | €65,691 | +€18,721 | +39.9% |
| Trade debts | 44 | €2,728 | €736 | -€1,992 | -73.0% |
| Suppliers | 440/4 | €2,728 | €736 | -€1,992 | -73.0% |
| Taxes, remuneration and social security | 45 | €11,093 | €145 | -€10,948 | -98.7% |
| Taxes | 450/3 | €3,601 | €145 | -€3,456 | -96.0% |
| Remuneration and social security | 454/9 | €7,491 | - | -€7,491 | |
| Other amounts payable | 47/48 | €33,149 | €64,810 | +€31,661 | +95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118 | €2,660 | +€2,542 | +2156.1% |
| Other operating charges | 640/8 | €1,118 | €741 | -€377 | -33.7% |
| Gross operating margin | 9900 | €9,011 | -€14,263 | -€23,274 | |
| Operating profit (loss) | 9901 | €7,774 | -€17,665 | -€25,439 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €91 | €135 | +€44 | +48.1% |
| Recurring financial charges | 65 | €91 | €135 | +€44 | +48.1% |
| Profit (loss) for the period before taxes | 9903 | €7,683 | -€17,800 | -€25,483 | |
| Income taxes | 67/77 | - | €145 | +€145 | |
| Profit (loss) for the period | 9904 | €7,683 | -€17,946 | -€25,629 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,683 | -€17,946 | -€25,629 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.