FORWARD CONSULT: 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.
FORWARD CONSULT
Largest movements
- Receivables within one year +€18,802
up €18,802 (+9.0%), from €208,476 to €227,278
of which Other amounts receivable: +€18,802
- Cash -€12,664
down €12,664 (-72.7%), from €17,409 to €4,745
mainly Receivables within one year (-€18,802) and Net result for the year (-€7,195)
- Tangible fixed assets -€10,055
down €10,055 (-21.6%), from €46,631 to €36,576
of which Land and buildings: -€7,361
- Profit (loss) carried forward -€7,195
down €7,195 (-795.0%), from -€905 to -€8,100
- Trade debts +€3,424
up €3,424 (+11.4%), from €29,986 to €33,410
- Depreciation -€7,936
down €7,936 (-44.1%), from €17,991 to €10,055
- Gross operating margin -€2,710
down €2,710 (-100.9%), from -€2,687 to -€5,397
- Financial income -€1,313
down €1,313 (-12.1%), from €10,851 to €9,538
- Financial charges +€139
up €139 (+73.9%), from €188 to €327
- Staff costs -€101
no longer reported in 2023 (was €101)
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 | €287,986 | €284,065 | -€3,921 | -1.4% |
| Fixed assets | 21/28 | €46,631 | €36,576 | -€10,055 | -21.6% |
| Tangible fixed assets | 22/27 | €46,631 | €36,576 | -€10,055 | -21.6% |
| Land and buildings | 22 | €40,013 | €32,652 | -€7,361 | -18.4% |
| Furniture and vehicles | 24 | €6,618 | €3,924 | -€2,694 | -40.7% |
| Current assets | 29/58 | €241,355 | €247,489 | +€6,134 | +2.5% |
| Amounts receivable within one year | 40/41 | €208,476 | €227,278 | +€18,802 | +9.0% |
| Trade receivables | 40 | €791 | €791 | = | 0.0% |
| Other amounts receivable | 41 | €207,685 | €226,487 | +€18,802 | +9.1% |
| Current investments | 50/53 | €14,991 | €14,991 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,409 | €4,745 | -€12,664 | -72.7% |
| Deferred charges and accrued income | 490/1 | €479 | €475 | -€4 | -0.8% |
| Total equity and liabilities | 10/49 | €287,986 | €284,065 | -€3,921 | -1.4% |
| Equity | 10/15 | €198,161 | €190,966 | -€7,195 | -3.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €192,866 | €192,866 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €191,006 | €191,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€905 | -€8,100 | -€7,195 | -795.0% |
| Amounts payable | 17/49 | €89,825 | €93,099 | +€3,274 | +3.6% |
| Amounts payable within one year | 42/48 | €89,696 | €93,065 | +€3,369 | +3.8% |
| Trade debts | 44 | €29,986 | €33,410 | +€3,424 | +11.4% |
| Suppliers | 440/4 | €29,986 | €33,410 | +€3,424 | +11.4% |
| Advances received on contracts in progress | 46 | €58,992 | €58,992 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €718 | €663 | -€55 | -7.7% |
| Taxes | 450/3 | €718 | €663 | -€55 | -7.7% |
| Accrued charges and deferred income | 492/3 | €129 | €34 | -€95 | -73.6% |
| Remuneration, social security and pensions | 62 | €101 | - | -€101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,991 | €10,055 | -€7,936 | -44.1% |
| Other operating charges | 640/8 | €912 | €954 | +€42 | +4.6% |
| Gross operating margin | 9900 | -€2,687 | -€5,397 | -€2,710 | -100.9% |
| Operating profit (loss) | 9901 | -€21,691 | -€16,406 | +€5,285 | +24.4% |
| Financial income | 75/76B | €10,851 | €9,538 | -€1,313 | -12.1% |
| Recurring financial income | 75 | €10,851 | €9,538 | -€1,313 | -12.1% |
| Financial charges | 65/66B | €188 | €327 | +€139 | +73.9% |
| Recurring financial charges | 65 | €188 | €327 | +€139 | +73.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,028 | -€7,195 | +€3,833 | +34.8% |
| Profit (loss) for the period | 9904 | -€11,028 | -€7,195 | +€3,833 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,028 | -€7,195 | +€3,833 | +34.8% |
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 6 October 2026 via checked.be.