GO FOR J: 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.
GO FOR J
Largest movements
- Tangible fixed assets -€4,164
down €4,164 (-15.5%), from €26,936 to €22,772
of which Land and buildings: -€3,461
- Stocks and contracts +€3,980
up €3,980 (+15.0%), from €26,560 to €30,540
- Receivables within one year +€1,793
up €1,793 (+1120.6%), from €160 to €1,953
of which Trade receivables: +€1,851
- Cash +€1,741
new in 2023: €1,741
mainly Other debts (+€12,080) and Depreciation (+€4,164)
- Other debts +€12,080
up €12,080 (+34.1%), from €35,464 to €47,544
- Profit (loss) carried forward -€6,404
down €6,404 (-114.4%), from -€5,598 to -€12,002
- Trade debts -€4,169
down €4,169 (-39.1%), from €10,658 to €6,489
- Tax, wage and social debts +€2,918
up €2,918 (+129.7%), from €2,250 to €5,168
- Short-term financial debts -€1,250
no longer reported in 2023 (was €1,250)
- Gross operating margin -€4,332
down €4,332 (-89.9%), from €4,818 to €486
- Depreciation +€901
up €901 (+27.6%), from €3,263 to €4,164
- Taxes +€876
up €876 (+270.4%), from €324 to €1,200
- Financial charges +€601
up €601 (+99.3%), from €605 to €1,206
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 | €53,746 | €57,096 | +€3,350 | +6.2% |
| Fixed assets | 21/28 | €27,026 | €22,862 | -€4,164 | -15.4% |
| Tangible fixed assets | 22/27 | €26,936 | €22,772 | -€4,164 | -15.5% |
| Land and buildings | 22 | €25,531 | €22,070 | -€3,461 | -13.6% |
| Plant, machinery and equipment | 23 | €1,405 | €702 | -€703 | -50.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €26,720 | €34,234 | +€7,514 | +28.1% |
| Stocks and contracts in progress | 3 | €26,560 | €30,540 | +€3,980 | +15.0% |
| Stocks | 30/36 | €26,560 | €30,540 | +€3,980 | +15.0% |
| Amounts receivable within one year | 40/41 | €160 | €1,953 | +€1,793 | +1120.6% |
| Trade receivables | 40 | - | €1,851 | +€1,851 | |
| Other amounts receivable | 41 | €160 | €102 | -€58 | -36.3% |
| Cash at bank and in hand | 54/58 | - | €1,741 | +€1,741 | |
| Total equity and liabilities | 10/49 | €53,746 | €57,096 | +€3,350 | +6.2% |
| Equity | 10/15 | €2,061 | -€4,343 | -€6,404 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Capital | 10 | €1 | €1 | = | 0.0% |
| Issued capital | 100 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €7,658 | €7,658 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,798 | €5,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,598 | -€12,002 | -€6,404 | -114.4% |
| Amounts payable | 17/49 | €51,685 | €61,439 | +€9,754 | +18.9% |
| Amounts payable within one year | 42/48 | €51,685 | €61,439 | +€9,754 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €2,063 | €2,238 | +€175 | +8.5% |
| Financial debts | 43 | €1,250 | - | -€1,250 | |
| Credit institutions | 430/8 | €1,250 | - | -€1,250 | |
| Trade debts | 44 | €10,658 | €6,489 | -€4,169 | -39.1% |
| Suppliers | 440/4 | €10,658 | €6,489 | -€4,169 | -39.1% |
| Taxes, remuneration and social security | 45 | €2,250 | €5,168 | +€2,918 | +129.7% |
| Taxes | 450/3 | €2,250 | €5,168 | +€2,918 | +129.7% |
| Other amounts payable | 47/48 | €35,464 | €47,544 | +€12,080 | +34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,263 | €4,164 | +€901 | +27.6% |
| Other operating charges | 640/8 | €348 | €348 | = | 0.0% |
| Gross operating margin | 9900 | €4,818 | €486 | -€4,332 | -89.9% |
| Operating profit (loss) | 9901 | €1,207 | -€4,026 | -€5,233 | |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Financial charges | 65/66B | €605 | €1,206 | +€601 | +99.3% |
| Recurring financial charges | 65 | €605 | €1,206 | +€601 | +99.3% |
| Profit (loss) for the period before taxes | 9903 | €602 | -€5,204 | -€5,806 | |
| Income taxes | 67/77 | €324 | €1,200 | +€876 | +270.4% |
| Profit (loss) for the period | 9904 | €278 | -€6,404 | -€6,682 | |
| Profit (loss) for the period to be appropriated | 9905 | €278 | -€6,404 | -€6,682 |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.