FRESH START: 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.
FRESH START
Largest movements
- Cash +€7,135
up €7,135 (+35.8%), from €19,934 to €27,068
mainly Other debts (+€7,778) and Trade debts (+€2,828)
- Other debts +€7,778
up €7,778 (+12.8%), from €60,552 to €68,330
- Profit (loss) carried forward -€3,472
down €3,472 (-4.6%), from -€75,374 to -€78,845
- Trade debts +€2,828
up €2,828 (+47.3%), from €5,982 to €8,810
- Gross operating margin -€740
down €740 (-37.6%), from -€1,968 to -€2,708
- Financial income -€709
down €709 (-100.0%), from €709 to €0
- Financial charges +€378
up €378 (+142.7%), from €265 to €643
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 | €20,643 | €27,777 | +€7,135 | +34.6% |
| Current assets | 29/58 | €20,643 | €27,777 | +€7,135 | +34.6% |
| Cash at bank and in hand | 54/58 | €19,934 | €27,068 | +€7,135 | +35.8% |
| Deferred charges and accrued income | 490/1 | €709 | €709 | = | 0.0% |
| Total equity and liabilities | 10/49 | €20,643 | €27,777 | +€7,135 | +34.6% |
| Equity | 10/15 | -€47,470 | -€50,942 | -€3,472 | -7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,704 | €21,704 | = | 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% |
| Distributable reserves | 133 | €19,844 | €19,844 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,374 | -€78,845 | -€3,472 | -4.6% |
| Amounts payable | 17/49 | €68,113 | €78,719 | +€10,606 | +15.6% |
| Amounts payable within one year | 42/48 | €68,113 | €78,719 | +€10,606 | +15.6% |
| Trade debts | 44 | €5,982 | €8,810 | +€2,828 | +47.3% |
| Suppliers | 440/4 | €5,982 | €8,810 | +€2,828 | +47.3% |
| Advances received on contracts in progress | 46 | €1,579 | €1,579 | = | 0.0% |
| Other amounts payable | 47/48 | €60,552 | €68,330 | +€7,778 | +12.8% |
| Other operating charges | 640/8 | €120 | €120 | = | 0.0% |
| Gross operating margin | 9900 | -€1,968 | -€2,708 | -€740 | -37.6% |
| Operating profit (loss) | 9901 | -€2,089 | -€2,828 | -€740 | -35.4% |
| Financial income | 75/76B | €709 | €0 | -€709 | -100.0% |
| Recurring financial income | 75 | €709 | €0 | -€709 | -100.0% |
| Financial charges | 65/66B | €265 | €643 | +€378 | +142.7% |
| Recurring financial charges | 65 | €265 | €643 | +€378 | +142.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,644 | -€3,472 | -€1,827 | -111.1% |
| Profit (loss) for the period | 9904 | -€1,644 | -€3,472 | -€1,827 | -111.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,644 | -€3,472 | -€1,827 | -111.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2022 and 30 November 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.