Fries on first: 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.
Fries on first
Largest movements
- Receivables within one year +€49,150
up €49,150 (+72.9%), from €67,388 to €116,539
of which Trade receivables: +€47,928
- Intangible fixed assets -€18,250
no longer reported in 2023 (was €18,250)
- Cash -€7,364
down €7,364 (-22.0%), from €33,440 to €26,076
mainly Receivables within one year (-€49,150) and Tax, wage and social debts (-€16,574)
- Trade debts +€33,437
up €33,437 (+258.5%), from €12,935 to €46,372
- Tax, wage and social debts -€16,574
down €16,574 (-51.7%), from €32,079 to €15,505
of which Remuneration and social security: -€14,261
- Reserves +€9,066
up €9,066 (+21.1%), from €43,030 to €52,096
- Accrued charges and deferred income -€1,553
no longer reported in 2023 (was €1,553)
- Gross operating margin -€30,514
down €30,514 (-31.7%), from €96,260 to €65,746
- Staff costs -€13,542
down €13,542 (-32.1%), from €42,164 to €28,622
- Depreciation -€5,873
down €5,873 (-24.1%), from €24,333 to €18,460
- Financial income -€3,576
down €3,576 (-97.5%), from €3,668 to €92
- Other operating charges +€3,404
up €3,404 (+243.9%), from €1,396 to €4,800
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 | €120,596 | €144,973 | +€24,376 | +20.2% |
| Fixed assets | 21/28 | €19,768 | €2,358 | -€17,410 | -88.1% |
| Intangible fixed assets | 21 | €18,250 | - | -€18,250 | |
| Tangible fixed assets | 22/27 | - | €840 | +€840 | |
| Plant, machinery and equipment | 23 | - | €840 | +€840 | |
| Financial fixed assets | 28 | €1,518 | €1,518 | = | 0.0% |
| Current assets | 29/58 | €100,828 | €142,615 | +€41,786 | +41.4% |
| Amounts receivable within one year | 40/41 | €67,388 | €116,539 | +€49,150 | +72.9% |
| Trade receivables | 40 | - | €47,928 | +€47,928 | |
| Other amounts receivable | 41 | €67,388 | €68,610 | +€1,222 | +1.8% |
| Cash at bank and in hand | 54/58 | €33,440 | €26,076 | -€7,364 | -22.0% |
| Total equity and liabilities | 10/49 | €120,596 | €144,973 | +€24,376 | +20.2% |
| Equity | 10/15 | €74,030 | €83,096 | +€9,066 | +12.2% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €43,030 | €52,096 | +€9,066 | +21.1% |
| Distributable reserves | 133 | €43,030 | €52,096 | +€9,066 | +21.1% |
| Amounts payable | 17/49 | €46,566 | €61,877 | +€15,311 | +32.9% |
| Amounts payable within one year | 42/48 | €45,014 | €61,877 | +€16,863 | +37.5% |
| Trade debts | 44 | €12,935 | €46,372 | +€33,437 | +258.5% |
| Suppliers | 440/4 | €12,935 | €46,372 | +€33,437 | +258.5% |
| Taxes, remuneration and social security | 45 | €32,079 | €15,505 | -€16,574 | -51.7% |
| Taxes | 450/3 | €17,092 | €14,779 | -€2,313 | -13.5% |
| Remuneration and social security | 454/9 | €14,987 | €726 | -€14,261 | -95.2% |
| Accrued charges and deferred income | 492/3 | €1,553 | - | -€1,553 | |
| Remuneration, social security and pensions | 62 | €42,164 | €28,622 | -€13,542 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,333 | €18,460 | -€5,873 | -24.1% |
| Other operating charges | 640/8 | €1,396 | €4,800 | +€3,404 | +243.9% |
| Gross operating margin | 9900 | €96,260 | €65,746 | -€30,514 | -31.7% |
| Operating profit (loss) | 9901 | €28,367 | €13,864 | -€14,503 | -51.1% |
| Financial income | 75/76B | €3,668 | €92 | -€3,576 | -97.5% |
| Recurring financial income | 75 | €3,668 | €92 | -€3,576 | -97.5% |
| Financial charges | 65/66B | €77 | €1,333 | +€1,256 | +1641.7% |
| Recurring financial charges | 65 | €77 | €1,333 | +€1,256 | +1641.7% |
| Profit (loss) for the period before taxes | 9903 | €31,958 | €12,623 | -€19,335 | -60.5% |
| Income taxes | 67/77 | €6,383 | €3,557 | -€2,826 | -44.3% |
| Profit (loss) for the period | 9904 | €25,575 | €9,066 | -€16,509 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,575 | €9,066 | -€16,509 | -64.6% |
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 3 October 2026 via checked.be.