ignore the box: what changed
ignore the box
Largest movements
- Cash -€4,125
down €4,125 (-76.8%), from €5,373 to €1,248
mainly Net result for the year (-€20,939) and Trade debts (-€3,161)
- Receivables within one year -€777
down €777 (-77.9%), from €998 to €221
of which Trade receivables: -€998
- Tangible fixed assets -€263
down €263 (-33.3%), from €788 to €525
of which Plant, machinery and equipment: -€210
- Other debts +€21,807
up €21,807 (+60.8%), from €35,858 to €57,665
- Profit (loss) carried forward -€20,939
down €20,939 (-57.9%), from -€36,145 to -€57,084
- Trade debts -€3,161
down €3,161 (-88.4%), from €3,574 to €413
- Tax, wage and social debts -€2,871
no longer reported in 2023 (was €2,871)
of which Remuneration and social security: -€2,861
- Gross operating margin -€34,054
down €34,054, from €13,785 to -€20,269
- Staff costs -€21,947
no longer reported in 2023 (was €21,947)
- Other operating charges +€798
new in 2023: €798
- Financial charges -€417
down €417 (-96.6%), from €432 to €15
- Financial income +€327
up €327 (+419%), from €78 to €405
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 | €7,159 | €1,994 | -€5,164 | -72.1% |
| Fixed assets | 21/28 | €788 | €525 | -€263 | -33.3% |
| Tangible fixed assets | 22/27 | €788 | €525 | -€263 | -33.3% |
| Plant, machinery and equipment | 23 | €611 | €402 | -€210 | -34.3% |
| Furniture and vehicles | 24 | €177 | €124 | -€53 | -30.0% |
| Current assets | 29/58 | €6,371 | €1,469 | -€4,902 | -76.9% |
| Amounts receivable within one year | 40/41 | €998 | €221 | -€777 | -77.9% |
| Trade receivables | 40 | €998 | - | -€998 | |
| Other amounts receivable | 41 | - | €221 | +€221 | |
| Cash at bank and in hand | 54/58 | €5,373 | €1,248 | -€4,125 | -76.8% |
| Total equity and liabilities | 10/49 | €7,159 | €1,994 | -€5,164 | -72.1% |
| Equity | 10/15 | -€35,145 | -€56,084 | -€20,939 | -59.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,145 | -€57,084 | -€20,939 | -57.9% |
| Amounts payable | 17/49 | €42,303 | €58,078 | +€15,775 | +37.3% |
| Amounts payable within one year | 42/48 | €42,303 | €58,078 | +€15,775 | +37.3% |
| Trade debts | 44 | €3,574 | €413 | -€3,161 | -88.4% |
| Suppliers | 440/4 | €3,574 | €413 | -€3,161 | -88.4% |
| Taxes, remuneration and social security | 45 | €2,871 | - | -€2,871 | |
| Taxes | 450/3 | €10 | - | -€10 | |
| Remuneration and social security | 454/9 | €2,861 | - | -€2,861 | |
| Other amounts payable | 47/48 | €35,858 | €57,665 | +€21,807 | +60.8% |
| Remuneration, social security and pensions | 62 | €21,947 | - | -€21,947 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €263 | €263 | = | 0.0% |
| Other operating charges | 640/8 | - | €798 | +€798 | |
| Gross operating margin | 9900 | €13,785 | -€20,269 | -€34,054 | |
| Operating profit (loss) | 9901 | -€8,425 | -€21,330 | -€12,905 | -153% |
| Financial income | 75/76B | €78 | €405 | +€327 | +419% |
| Recurring financial income | 75 | €78 | €405 | +€327 | +419% |
| Financial charges | 65/66B | €432 | €15 | -€417 | -96.6% |
| Recurring financial charges | 65 | €432 | €15 | -€417 | -96.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,778 | -€20,939 | -€12,161 | -139% |
| Profit (loss) for the period | 9904 | -€8,778 | -€20,939 | -€12,161 | -139% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,778 | -€20,939 | -€12,161 | -139% |
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.