FOUR.V.21: 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.
FOUR.V.21
Largest movements
- Receivables within one year -€14,978
down €14,978 (-73.2%), from €20,458 to €5,479
- Stocks and contracts -€10,000
down €10,000 (-49.8%), from €20,070 to €10,070
- Financial fixed assets +€6,000
new in 2023: €6,000
- Cash +€1,083
up €1,083 (+29.8%), from €3,628 to €4,710
mainly Contributions, distributions and other (+€15,000) and Receivables within one year (+€14,978)
- Trade debts -€13,075
no longer reported in 2023 (was €13,075)
- Other debts -€3,427
down €3,427 (-13.2%), from €26,021 to €22,594
- Tax, wage and social debts -€759
down €759 (-30.1%), from €2,521 to €1,762
- Profit (loss) carried forward -€634
down €634 (-3.9%), from -€16,083 to -€16,717
- Turnover -€23,292
down €23,292 (-55.8%), from €41,735 to €18,443
- Purchases and services -€11,868
down €11,868 (-25.8%), from €45,934 to €34,066
- Gross operating margin -€11,424
down €11,424 (-272%), from -€4,199 to -€15,623
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 | €44,155 | €26,260 | -€17,896 | -40.5% |
| Fixed assets | 21/28 | - | €6,000 | +€6,000 | |
| Financial fixed assets | 28 | - | €6,000 | +€6,000 | |
| Current assets | 29/58 | €44,155 | €20,260 | -€23,896 | -54.1% |
| Stocks and contracts in progress | 3 | €20,070 | €10,070 | -€10,000 | -49.8% |
| Stocks | 30/36 | €20,070 | €10,070 | -€10,000 | -49.8% |
| Amounts receivable within one year | 40/41 | €20,458 | €5,479 | -€14,978 | -73.2% |
| Trade receivables | 40 | €20,458 | €5,479 | -€14,978 | -73.2% |
| Cash at bank and in hand | 54/58 | €3,628 | €4,710 | +€1,083 | +29.8% |
| Total equity and liabilities | 10/49 | €44,155 | €26,260 | -€17,896 | -40.5% |
| Equity | 10/15 | €2,538 | €1,904 | -€634 | -25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21 | €21 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21 | €21 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21 | €21 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,083 | -€16,717 | -€634 | -3.9% |
| Amounts payable | 17/49 | €41,617 | €24,355 | -€17,262 | -41.5% |
| Amounts payable within one year | 42/48 | €41,617 | €24,355 | -€17,262 | -41.5% |
| Trade debts | 44 | €13,075 | - | -€13,075 | |
| Suppliers | 440/4 | €13,075 | - | -€13,075 | |
| Taxes, remuneration and social security | 45 | €2,521 | €1,762 | -€759 | -30.1% |
| Taxes | 450/3 | €2,521 | €1,762 | -€759 | -30.1% |
| Other amounts payable | 47/48 | €26,021 | €22,594 | -€3,427 | -13.2% |
| Turnover | 70 | €41,735 | €18,443 | -€23,292 | -55.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €45,934 | €34,066 | -€11,868 | -25.8% |
| Gross operating margin | 9900 | -€4,199 | -€15,623 | -€11,424 | -272% |
| Operating profit (loss) | 9901 | -€4,199 | -€15,623 | -€11,424 | -272% |
| Financial charges | 65/66B | - | €11 | +€11 | |
| Recurring financial charges | 65 | - | €11 | +€11 | |
| Profit (loss) for the period before taxes | 9903 | -€4,199 | -€15,634 | -€11,435 | -272% |
| Profit (loss) for the period | 9904 | -€4,199 | -€15,634 | -€11,435 | -272% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,199 | -€15,634 | -€11,435 | -272% |
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 26 October 2026 via checked.be.