HORECA PLUS +: 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.
HORECA PLUS +
Largest movements
- Receivables within one year +€4,559
up €4,559 (+31.3%), from €14,559 to €19,118
of which Trade receivables: +€3,773
- Tangible fixed assets -€2,475
down €2,475 (-14.0%), from €17,637 to €15,161
- Cash -€1,538
down €1,538 (-90.1%), from €1,708 to €170
mainly Net result for the year (-€20,802) and Trade debts (-€15,635)
- Current portion of long-term debt +€37,206
new in 2023: €37,206
- Profit (loss) carried forward -€20,802
down €20,802 (-7859.1%), from -€265 to -€21,067
- Trade debts -€15,635
down €15,635 (-27.0%), from €57,877 to €42,242
- Tax, wage and social debts -€3,678
down €3,678 (-16.9%), from €21,726 to €18,048
of which Taxes: -€10,323
- Accrued charges and deferred income +€3,191
new in 2023: €3,191
- Gross operating margin -€23,798
down €23,798 (-86.4%), from €27,544 to €3,746
- Other operating charges -€3,102
down €3,102 (-74.7%), from €4,151 to €1,049
- Financial income +€1,666
up €1,666 (+136543.4%), from €1 to €1,667
- Staff costs +€810
up €810 (+3.9%), from €21,012 to €21,822
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 | €97,939 | €98,221 | +€282 | +0.3% |
| Fixed assets | 21/28 | €20,137 | €17,661 | -€2,475 | -12.3% |
| Tangible fixed assets | 22/27 | €17,637 | €15,161 | -€2,475 | -14.0% |
| Land and buildings | 22 | €17,637 | €15,161 | -€2,475 | -14.0% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €77,802 | €80,559 | +€2,758 | +3.5% |
| Stocks and contracts in progress | 3 | €59,561 | €59,561 | = | 0.0% |
| Stocks | 30/36 | €59,561 | €59,561 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,559 | €19,118 | +€4,559 | +31.3% |
| Trade receivables | 40 | €14,559 | €18,332 | +€3,773 | +25.9% |
| Other amounts receivable | 41 | - | €786 | +€786 | |
| Cash at bank and in hand | 54/58 | €1,708 | €170 | -€1,538 | -90.1% |
| Deferred charges and accrued income | 490/1 | €1,975 | €1,711 | -€263 | -13.3% |
| Total equity and liabilities | 10/49 | €97,939 | €98,221 | +€282 | +0.3% |
| Equity | 10/15 | €18,335 | -€2,467 | -€20,802 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€265 | -€21,067 | -€20,802 | -7859.1% |
| Amounts payable | 17/49 | €79,603 | €100,687 | +€21,084 | +26.5% |
| Amounts payable within one year | 42/48 | €79,603 | €97,496 | +€17,893 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | - | €37,206 | +€37,206 | |
| Trade debts | 44 | €57,877 | €42,242 | -€15,635 | -27.0% |
| Suppliers | 440/4 | €57,877 | €42,242 | -€15,635 | -27.0% |
| Taxes, remuneration and social security | 45 | €21,726 | €18,048 | -€3,678 | -16.9% |
| Taxes | 450/3 | €13,481 | €3,157 | -€10,323 | -76.6% |
| Remuneration and social security | 454/9 | €8,245 | €14,891 | +€6,645 | +80.6% |
| Accrued charges and deferred income | 492/3 | - | €3,191 | +€3,191 | |
| Remuneration, social security and pensions | 62 | €21,012 | €21,822 | +€810 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,475 | €2,475 | = | 0.0% |
| Other operating charges | 640/8 | €4,151 | €1,049 | -€3,102 | -74.7% |
| Gross operating margin | 9900 | €27,544 | €3,746 | -€23,798 | -86.4% |
| Operating profit (loss) | 9901 | -€95 | -€21,601 | -€21,506 | -22661.4% |
| Financial income | 75/76B | €1 | €1,667 | +€1,666 | +136543.4% |
| Recurring financial income | 75 | €1 | €1,667 | +€1,666 | +136543.4% |
| Financial charges | 65/66B | €607 | €869 | +€261 | +43.0% |
| Recurring financial charges | 65 | €607 | €869 | +€261 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | -€701 | -€20,802 | -€20,101 | -2867.4% |
| Profit (loss) for the period | 9904 | -€701 | -€20,802 | -€20,101 | -2867.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€701 | -€20,802 | -€20,101 | -2867.4% |
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 28 September 2026 via checked.be.