Gestion Expertise-Comptable: 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.
Gestion Expertise-Comptable
Largest movements
- Cash -€493,475
down €493,475 (-76.5%), from €644,885 to €151,410
mainly Other debts (-€695,470) and Tax, wage and social debts (-€90,607)
- Receivables within one year +€89,007
up €89,007 (+30.2%), from €294,935 to €383,942
of which Trade receivables: +€105,063
- Intangible fixed assets -€33,244
down €33,244 (-43.7%), from €76,069 to €42,825
- Other debts -€695,470
down €695,470 (-92.5%), from €751,983 to €56,514
- Reserves +€345,057
up €345,057 (+1,875%), from €18,405 to €363,462
of which Distributable reserves: +€345,057
- Tax, wage and social debts -€90,607
down €90,607 (-45.8%), from €197,694 to €107,086
of which Taxes: -€87,797
- Gross operating margin +€204,824
up €204,824 (+30.9%), from €662,327 to €867,151
- Taxes +€79,683
up €79,683 (+88.8%), from €89,748 to €169,431
- Staff costs +€30,974
up €30,974 (+11.4%), from €270,939 to €301,912
- Depreciation -€22,158
down €22,158 (-36.5%), from €60,661 to €38,503
- Other operating charges +€11,606
up €11,606 (+151%), from €7,678 to €19,284
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 | €1,033,057 | €594,184 | -€438,873 | -42.5% |
| Fixed assets | 21/28 | €85,134 | €50,125 | -€35,009 | -41.1% |
| Intangible fixed assets | 21 | €76,069 | €42,825 | -€33,244 | -43.7% |
| Tangible fixed assets | 22/27 | €3,592 | €4,976 | +€1,384 | +38.5% |
| Furniture and vehicles | 24 | €2,066 | €2,013 | -€53 | -2.6% |
| Other tangible fixed assets | 26 | €1,526 | €2,964 | +€1,438 | +94.2% |
| Financial fixed assets | 28 | €5,473 | €2,324 | -€3,149 | -57.5% |
| Current assets | 29/58 | €947,923 | €544,059 | -€403,864 | -42.6% |
| Amounts receivable within one year | 40/41 | €294,935 | €383,942 | +€89,007 | +30.2% |
| Trade receivables | 40 | €277,216 | €382,278 | +€105,063 | +37.9% |
| Other amounts receivable | 41 | €17,719 | €1,664 | -€16,056 | -90.6% |
| Cash at bank and in hand | 54/58 | €644,885 | €151,410 | -€493,475 | -76.5% |
| Deferred charges and accrued income | 490/1 | €8,103 | €8,707 | +€604 | +7.5% |
| Total equity and liabilities | 10/49 | €1,033,057 | €594,184 | -€438,873 | -42.5% |
| Equity | 10/15 | €43,475 | €382,062 | +€338,587 | +779% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,405 | €363,462 | +€345,057 | +1,875% |
| Non-distributable reserves | 130/1 | €18,405 | €18,405 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,405 | €18,405 | = | 0.0% |
| Distributable reserves | 133 | - | €345,057 | +€345,057 | |
| Profit (loss) carried forward | 14 | €6,470 | - | -€6,470 | |
| Amounts payable | 17/49 | €989,582 | €212,122 | -€777,459 | -78.6% |
| Amounts payable within one year | 42/48 | €973,454 | €192,116 | -€781,338 | -80.3% |
| Trade debts | 44 | €23,777 | €28,516 | +€4,739 | +19.9% |
| Suppliers | 440/4 | €23,777 | €28,516 | +€4,739 | +19.9% |
| Taxes, remuneration and social security | 45 | €197,694 | €107,086 | -€90,607 | -45.8% |
| Taxes | 450/3 | €160,544 | €72,747 | -€87,797 | -54.7% |
| Remuneration and social security | 454/9 | €37,150 | €34,340 | -€2,811 | -7.6% |
| Other amounts payable | 47/48 | €751,983 | €56,514 | -€695,470 | -92.5% |
| Accrued charges and deferred income | 492/3 | €16,127 | €20,006 | +€3,879 | +24.1% |
| Non-recurring operating income | 76A | - | €13,575 | +€13,575 | |
| Remuneration, social security and pensions | 62 | €270,939 | €301,912 | +€30,974 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,661 | €38,503 | -€22,158 | -36.5% |
| Other operating charges | 640/8 | €7,678 | €19,284 | +€11,606 | +151% |
| Non-recurring operating charges | 66A | €87 | €192 | +€105 | +120% |
| Gross operating margin | 9900 | €662,327 | €867,151 | +€204,824 | +30.9% |
| Operating profit (loss) | 9901 | €322,962 | €507,260 | +€184,298 | +57.1% |
| Financial income | 75/76B | €3,167 | €1,911 | -€1,256 | -39.7% |
| Recurring financial income | 75 | €3,167 | €1,911 | -€1,256 | -39.7% |
| Financial charges | 65/66B | €911 | €1,153 | +€242 | +26.6% |
| Recurring financial charges | 65 | €911 | €1,153 | +€242 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €325,218 | €508,018 | +€182,800 | +56.2% |
| Income taxes | 67/77 | €89,748 | €169,431 | +€79,683 | +88.8% |
| Profit (loss) for the period | 9904 | €235,470 | €338,587 | +€103,116 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €235,470 | €338,587 | +€103,116 | +43.8% |
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 16 October 2026 via checked.be.