govoe: 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.
govoe
Largest movements
- Cash -€4,265
no longer reported in 2023 (was €4,265)
mainly Tax, wage and social debts (-€3,441) and Net result for the year (-€1,618)
- Tax, wage and social debts -€3,441
down €3,441 (-78.4%), from €4,388 to €948
- Profit (loss) carried forward -€1,618
down €1,618 (-128.8%), from -€1,256 to -€2,874
- Trade debts +€796
up €796 (+725.6%), from €110 to €905
- Gross operating margin -€7,327
down €7,327, from €6,568 to -€759
- Financial charges -€1,335
down €1,335 (-60.8%), from €2,194 to €859
- Taxes -€948
no longer reported in 2023 (was €948)
- Other operating charges -€413
no longer reported in 2023 (was €413)
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 | €11,914 | €7,651 | -€4,263 | -35.8% |
| Current assets | 29/58 | €11,914 | €7,651 | -€4,263 | -35.8% |
| Amounts receivable within one year | 40/41 | €7,649 | €7,651 | +€2 | 0.0% |
| Other amounts receivable | 41 | €7,649 | €7,651 | +€2 | 0.0% |
| Cash at bank and in hand | 54/58 | €4,265 | - | -€4,265 | |
| Total equity and liabilities | 10/49 | €11,914 | €7,651 | -€4,263 | -35.8% |
| Equity | 10/15 | €7,416 | €5,798 | -€1,618 | -21.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,473 | €2,473 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €613 | €613 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,256 | -€2,874 | -€1,618 | -128.8% |
| Amounts payable | 17/49 | €4,498 | €1,853 | -€2,645 | -58.8% |
| Amounts payable within one year | 42/48 | €4,498 | €1,853 | -€2,645 | -58.8% |
| Trade debts | 44 | €110 | €905 | +€796 | +725.6% |
| Suppliers | 440/4 | €110 | €905 | +€796 | +725.6% |
| Taxes, remuneration and social security | 45 | €4,388 | €948 | -€3,441 | -78.4% |
| Taxes | 450/3 | €4,388 | €948 | -€3,441 | -78.4% |
| Other operating charges | 640/8 | €413 | - | -€413 | |
| Gross operating margin | 9900 | €6,568 | -€759 | -€7,327 | |
| Operating profit (loss) | 9901 | €6,155 | -€759 | -€6,914 | |
| Financial income | 75/76B | €21 | - | -€21 | |
| Recurring financial income | 75 | €21 | - | -€21 | |
| Financial charges | 65/66B | €2,194 | €859 | -€1,335 | -60.8% |
| Recurring financial charges | 65 | €2,194 | €859 | -€1,335 | -60.8% |
| Profit (loss) for the period before taxes | 9903 | €3,982 | -€1,618 | -€5,600 | |
| Income taxes | 67/77 | €948 | - | -€948 | |
| Profit (loss) for the period | 9904 | €3,034 | -€1,618 | -€4,652 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,034 | -€1,618 | -€4,652 |
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 7 October 2026 via checked.be.