Horizon: 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.
Horizon
Largest movements
- Receivables after one year -€10,698
no longer reported in 2023 (was €10,698)
- Receivables within one year +€6,643
new in 2023: €6,643
- Cash -€1,901
down €1,901 (-93.1%), from €2,041 to €140
mainly Receivables within one year (-€6,643) and Debts after one year (-€4,055)
- Debts after one year -€4,055
down €4,055 (-37.9%), from €10,698 to €6,643
- Profit (loss) carried forward -€1,901
down €1,901 (-93.1%), from €2,041 to €140
- Purchases and services -€56,585
down €56,585 (-88.8%), from €63,735 to €7,150
- Turnover -€22,311
down €22,311 (-98.4%), from €22,665 to €354
- Gross operating margin -€1,901
down €1,901 (-93.1%), from €2,041 to €140
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 | €12,739 | €6,783 | -€5,955 | -46.8% |
| Current assets | 29/58 | €12,739 | €6,783 | -€5,955 | -46.8% |
| Amounts receivable after more than one year | 29 | €10,698 | - | -€10,698 | |
| Trade receivables | 290 | €10,698 | - | -€10,698 | |
| Amounts receivable within one year | 40/41 | - | €6,643 | +€6,643 | |
| Trade receivables | 40 | - | €6,643 | +€6,643 | |
| Cash at bank and in hand | 54/58 | €2,041 | €140 | -€1,901 | -93.1% |
| Total equity and liabilities | 10/49 | €12,739 | €6,783 | -€5,955 | -46.8% |
| Equity | 10/15 | €2,041 | €140 | -€1,901 | -93.1% |
| Profit (loss) carried forward | 14 | €2,041 | €140 | -€1,901 | -93.1% |
| Amounts payable | 17/49 | €10,698 | €6,643 | -€4,055 | -37.9% |
| Amounts payable after more than one year | 17 | €10,698 | €6,643 | -€4,055 | -37.9% |
| Trade debts | 175 | €10,698 | €6,643 | -€4,055 | -37.9% |
| Turnover | 70 | €22,665 | €354 | -€22,311 | -98.4% |
| Non-recurring operating income | 76A | €3,667 | - | -€3,667 | |
| Goods, raw materials, services and sundry goods | 60/61 | €63,735 | €7,150 | -€56,585 | -88.8% |
| Gross operating margin | 9900 | €2,041 | €140 | -€1,901 | -93.1% |
| Operating profit (loss) | 9901 | €2,041 | €140 | -€1,901 | -93.1% |
| Profit (loss) for the period before taxes | 9903 | €2,041 | €140 | -€1,901 | -93.1% |
| Profit (loss) for the period | 9904 | €2,041 | €140 | -€1,901 | -93.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,041 | €140 | -€1,901 | -93.1% |
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 5 October 2026 via checked.be.