Heart & Deco: what changed
Heart & Deco
Largest movements
- Stocks and contracts -€2,000
down €2,000 (-47.6%), from €4,201 to €2,201
- Receivables within one year -€216
down €216 (-100%), from €216 to €0
- Cash +€174
new in 2023: €174
mainly Net result for the year (+€6,281) and Stocks and contracts (+€2,000)
- Profit (loss) carried forward +€6,281
up €6,281 (+24.4%), from -€25,752 to -€19,472
- Other debts -€3,632
down €3,632 (-21.6%), from €16,779 to €13,147
- Trade debts -€2,640
down €2,640 (-100%), from €2,640 to €0
- Short-term financial debts -€2,050
down €2,050 (-100%), from €2,050 to €0
- Turnover +€10,000
new in 2023: €10,000
- Gross operating margin +€8,568
up €8,568, from -€1,237 to €7,331
- Purchases and services +€2,669
new in 2023: €2,669
- Financial charges -€147
down €147 (-34.2%), from €430 to €283
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,417 | €2,375 | -€2,042 | -46.2% |
| Current assets | 29/58 | €4,417 | €2,375 | -€2,042 | -46.2% |
| Stocks and contracts in progress | 3 | €4,201 | €2,201 | -€2,000 | -47.6% |
| Stocks | 30/36 | €4,201 | €2,201 | -€2,000 | -47.6% |
| Amounts receivable within one year | 40/41 | €216 | €0 | -€216 | -100% |
| Other amounts receivable | 41 | €216 | €0 | -€216 | -100% |
| Cash at bank and in hand | 54/58 | - | €174 | +€174 | |
| Total equity and liabilities | 10/49 | €4,417 | €2,375 | -€2,042 | -46.2% |
| Equity | 10/15 | -€17,052 | -€10,772 | +€6,281 | +36.8% |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,752 | -€19,472 | +€6,281 | +24.4% |
| Amounts payable | 17/49 | €21,470 | €13,147 | -€8,323 | -38.8% |
| Amounts payable within one year | 42/48 | €21,470 | €13,147 | -€8,323 | -38.8% |
| Financial debts | 43 | €2,050 | €0 | -€2,050 | -100% |
| Other loans | 439 | €2,050 | €0 | -€2,050 | -100% |
| Trade debts | 44 | €2,640 | €0 | -€2,640 | -100% |
| Suppliers | 440/4 | €2,640 | €0 | -€2,640 | -100% |
| Other amounts payable | 47/48 | €16,779 | €13,147 | -€3,632 | -21.6% |
| Turnover | 70 | - | €10,000 | +€10,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,669 | +€2,669 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €0 | = | |
| Other operating charges | 640/8 | €842 | €768 | -€75 | -8.9% |
| Gross operating margin | 9900 | -€1,237 | €7,331 | +€8,568 | |
| Operating profit (loss) | 9901 | -€2,079 | €6,564 | +€8,643 | |
| Financial charges | 65/66B | €430 | €283 | -€147 | -34.2% |
| Recurring financial charges | 65 | €430 | €283 | -€147 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,510 | €6,281 | +€8,790 | |
| Profit (loss) for the period | 9904 | -€2,510 | €6,281 | +€8,790 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,510 | €6,281 | +€8,790 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.