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FLUSH SERVICES: 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.

What changed

FLUSH SERVICES

BE 0768.457.160
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
€4,704
2022 · €20,503-€15,799
Equity
€19,707
2022 · €15,003+€4,704
Cash
€1,242
2022 · €1,001+€241
Balance sheet total
€37,781
2022 · €45,893-€8,112

Largest movements

2022 to 2023
Assets
  • Tangible fixed assets -€4,483

    down €4,483 (-26.0%), from €17,221 to €12,738

  • Receivables within one year -€3,700

    down €3,700 (-13.7%), from €27,098 to €23,397

    of which Other amounts receivable: -€12,675

Equity and liabilities
  • Advances received -€9,287

    down €9,287 (-49.4%), from €18,801 to €9,513

  • Other debts -€7,500

    no longer reported in 2023 (was €7,500)

  • Profit (loss) carried forward +€4,704

    up €4,704 (+36.2%), from €13,003 to €17,707

  • Tax, wage and social debts +€2,971

    up €2,971 (+64.7%), from €4,589 to €7,561

  • Trade debts +€1,000

    new in 2023: €1,000

Income statement
  • Gross operating margin -€19,167

    down €19,167 (-60.9%), from €31,476 to €12,309

  • Taxes -€1,557

    down €1,557 (-40.5%), from €3,842 to €2,285

  • Financial charges -€868

    down €868 (-59.2%), from €1,467 to €599

  • Other operating charges -€683

    down €683 (-37.1%), from €1,840 to €1,157

  • Financial income +€452

    up €452 (+71.1%), from €636 to €1,089

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 €20,503
Gross operating margin -€19,167
Staff costs +€41
Depreciation -€234
Other operating charges +€683
Financial income +€452
Financial charges +€868
Taxes +€1,557
Result 2023 €4,704

Cash bridge derived

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 +€241
Investment €0
Financing €0
Cash 2022 €1,001
Net result for the year +€4,704
Depreciation +€4,653
Receivables within one year +€3,700
Trade debts +€1,000
Tax, wage and social debts +€2,971
Advances received -€9,287
Other debts -€7,500
Cash 2023 €1,242
Every line side by side 35 lines
Line Code 2022 2023 Change %
Total assets 20/58 €45,893 €37,781 -€8,112 -17.7%
Formation expenses 20 €574 €403 -€170 -29.7%
Fixed assets 21/28 €17,221 €12,738 -€4,483 -26.0%
Tangible fixed assets 22/27 €17,221 €12,738 -€4,483 -26.0%
Furniture and vehicles 24 €17,221 €12,738 -€4,483 -26.0%
Current assets 29/58 €28,099 €24,640 -€3,459 -12.3%
Amounts receivable within one year 40/41 €27,098 €23,397 -€3,700 -13.7%
Trade receivables 40 - €8,975 +€8,975
Other amounts receivable 41 €27,098 €14,423 -€12,675 -46.8%
Cash at bank and in hand 54/58 €1,001 €1,242 +€241 +24.0%
Total equity and liabilities 10/49 €45,893 €37,781 -€8,112 -17.7%
Equity 10/15 €15,003 €19,707 +€4,704 +31.4%
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €13,003 €17,707 +€4,704 +36.2%
Amounts payable 17/49 €30,890 €18,074 -€12,816 -41.5%
Amounts payable within one year 42/48 €30,890 €18,074 -€12,816 -41.5%
Trade debts 44 - €1,000 +€1,000
Suppliers 440/4 - €1,000 +€1,000
Advances received on contracts in progress 46 €18,801 €9,513 -€9,287 -49.4%
Taxes, remuneration and social security 45 €4,589 €7,561 +€2,971 +64.7%
Taxes 450/3 €4,589 €7,561 +€2,971 +64.7%
Other amounts payable 47/48 €7,500 - -€7,500
Remuneration, social security and pensions 62 €41 - -€41
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,419 €4,653 +€234 +5.3%
Other operating charges 640/8 €1,840 €1,157 -€683 -37.1%
Gross operating margin 9900 €31,476 €12,309 -€19,167 -60.9%
Operating profit (loss) 9901 €25,176 €6,499 -€18,677 -74.2%
Financial income 75/76B €636 €1,089 +€452 +71.1%
Recurring financial income 75 €636 €1,089 +€452 +71.1%
Financial charges 65/66B €1,467 €599 -€868 -59.2%
Recurring financial charges 65 €1,467 €599 -€868 -59.2%
Profit (loss) for the period before taxes 9903 €24,345 €6,989 -€17,356 -71.3%
Income taxes 67/77 €3,842 €2,285 -€1,557 -40.5%
Profit (loss) for the period 9904 €20,503 €4,704 -€15,799 -77.1%
Profit (loss) for the period to be appropriated 9905 €20,503 €4,704 -€15,799 -77.1%

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 29 September 2026 via checked.be.