GHOST: 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.
GHOST
Largest movements
- Cash +€3,828
up €3,828 (+95.9%), from €3,993 to €7,821
mainly Other debts (+€10,871) and Trade debts (+€9,177)
- Tangible fixed assets +€1,581
new in 2023: €1,581
- Receivables within one year +€1,382
up €1,382 (+32.9%), from €4,203 to €5,585
- Profit (loss) carried forward -€11,489
down €11,489 (-123.9%), from -€9,273 to -€20,762
- Other debts +€10,871
up €10,871 (+225.2%), from €4,828 to €15,698
- Trade debts +€9,177
up €9,177 (+1328.1%), from €691 to €9,868
- Tax, wage and social debts -€2,534
down €2,534 (-94.6%), from €2,680 to €146
of which Remuneration and social security: -€2,155
- Short-term financial debts +€768
new in 2023: €768
- Staff costs +€9,799
up €9,799 (+60.4%), from €16,210 to €26,008
- Gross operating margin +€6,088
up €6,088 (+61.7%), from €9,864 to €15,952
- Depreciation +€1,079
new in 2023: €1,079
- Financial income +€276
new in 2023: €276
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 | €8,195 | €14,987 | +€6,792 | +82.9% |
| Fixed assets | 21/28 | - | €1,581 | +€1,581 | |
| Tangible fixed assets | 22/27 | - | €1,581 | +€1,581 | |
| Furniture and vehicles | 24 | - | €1,581 | +€1,581 | |
| Current assets | 29/58 | €8,195 | €13,406 | +€5,211 | +63.6% |
| Amounts receivable within one year | 40/41 | €4,203 | €5,585 | +€1,382 | +32.9% |
| Trade receivables | 40 | €4,203 | €5,585 | +€1,382 | +32.9% |
| Cash at bank and in hand | 54/58 | €3,993 | €7,821 | +€3,828 | +95.9% |
| Total equity and liabilities | 10/49 | €8,195 | €14,987 | +€6,792 | +82.9% |
| Equity | 10/15 | -€4 | -€11,493 | -€11,489 | -323634.1% |
| Contributions | 10/11 | €9,269 | €9,269 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,273 | -€20,762 | -€11,489 | -123.9% |
| Amounts payable | 17/49 | €8,199 | €26,480 | +€18,281 | +223.0% |
| Amounts payable within one year | 42/48 | €8,199 | €26,480 | +€18,281 | +223.0% |
| Financial debts | 43 | - | €768 | +€768 | |
| Credit institutions | 430/8 | - | €768 | +€768 | |
| Trade debts | 44 | €691 | €9,868 | +€9,177 | +1328.1% |
| Suppliers | 440/4 | €691 | €9,868 | +€9,177 | +1328.1% |
| Taxes, remuneration and social security | 45 | €2,680 | €146 | -€2,534 | -94.6% |
| Taxes | 450/3 | €525 | €146 | -€379 | -72.2% |
| Remuneration and social security | 454/9 | €2,155 | - | -€2,155 | |
| Other amounts payable | 47/48 | €4,828 | €15,698 | +€10,871 | +225.2% |
| Remuneration, social security and pensions | 62 | €16,210 | €26,008 | +€9,799 | +60.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,079 | +€1,079 | |
| Other operating charges | 640/8 | €382 | €491 | +€109 | +28.4% |
| Gross operating margin | 9900 | €9,864 | €15,952 | +€6,088 | +61.7% |
| Operating profit (loss) | 9901 | -€6,728 | -€11,626 | -€4,898 | -72.8% |
| Financial income | 75/76B | - | €276 | +€276 | |
| Recurring financial income | 75 | - | €276 | +€276 | |
| Financial charges | 65/66B | €125 | €139 | +€14 | +11.4% |
| Recurring financial charges | 65 | €125 | €139 | +€14 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,853 | -€11,489 | -€4,636 | -67.7% |
| Profit (loss) for the period | 9904 | -€6,853 | -€11,489 | -€4,636 | -67.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,853 | -€11,489 | -€4,636 | -67.7% |
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 29 September 2026 via checked.be.