Frans Wertoy: 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.
Frans Wertoy
Largest movements
- Cash -€76,797
down €76,797 (-12.5%), from €612,418 to €535,621
mainly Contributions, distributions and other (-€70,000) and Net result for the year (-€6,797)
- Profit (loss) carried forward -€76,797
down €76,797 (-53.2%), from €144,284 to €67,487
- Turnover -€648,842
no longer reported in 2023 (was €648,842)
- Taxes -€106,084
no longer reported in 2023 (was €106,084)
- Services and other goods -€32,384
down €32,384 (-82.7%), from €39,181 to €6,797
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 | €613,088 | €536,291 | -€76,797 | -12.5% |
| Current assets | 29/58 | €613,088 | €536,291 | -€76,797 | -12.5% |
| Amounts receivable within one year | 40/41 | €670 | €670 | = | 0.0% |
| Trade receivables | 40 | €670 | €670 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €612,418 | €535,621 | -€76,797 | -12.5% |
| Total equity and liabilities | 10/49 | €613,088 | €536,291 | -€76,797 | -12.5% |
| Equity | 10/15 | €356,819 | €280,022 | -€76,797 | -21.5% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Contributions outside capital | 11 | €120,000 | - | -€120,000 | |
| Other | 1109/19 | €120,000 | - | -€120,000 | |
| Reserves | 13 | €92,535 | €92,535 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Legal reserve | 130 | €12,000 | - | -€12,000 | |
| Reserves not available under the articles | 1311 | - | €12,000 | +€12,000 | |
| Distributable reserves | 133 | €80,535 | €80,535 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,284 | €67,487 | -€76,797 | -53.2% |
| Amounts payable | 17/49 | €256,269 | €256,269 | = | 0.0% |
| Amounts payable within one year | 42/48 | €256,269 | €256,269 | = | 0.0% |
| Trade debts | 44 | €21,331 | €21,331 | = | 0.0% |
| Suppliers | 440/4 | €21,331 | €21,331 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €108,000 | €108,000 | = | 0.0% |
| Taxes | 450/3 | €108,000 | €108,000 | = | 0.0% |
| Other amounts payable | 47/48 | €126,938 | €126,938 | = | 0.0% |
| Operating income | 70/76A | €648,842 | - | -€648,842 | |
| Turnover | 70 | €648,842 | - | -€648,842 | |
| Operating charges | 60/66A | €40,454 | €6,797 | -€33,657 | -83.2% |
| Services and other goods | 61 | €39,181 | €6,797 | -€32,384 | -82.7% |
| Other operating charges | 640/8 | €1,273 | - | -€1,273 | |
| Operating profit (loss) | 9901 | €608,388 | -€6,797 | -€615,185 | |
| Financial charges | 65/66B | €65 | - | -€65 | |
| Recurring financial charges | 65 | €65 | - | -€65 | |
| Debt charges | 650 | €65 | - | -€65 | |
| Profit (loss) for the period before taxes | 9903 | €608,323 | -€6,797 | -€615,120 | |
| Income taxes | 67/77 | €106,084 | - | -€106,084 | |
| Taxes | 670/3 | €106,084 | - | -€106,084 | |
| Profit (loss) for the period | 9904 | €502,239 | -€6,797 | -€509,036 | |
| Profit (loss) for the period to be appropriated | 9905 | €502,239 | -€6,797 | -€509,036 |
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 29 October 2026 via checked.be.