INDUSTRIAL PLASTER: what changed
Two financial 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.
INDUSTRIAL PLASTER
Largest movements
- Cash +€14,541
up €14,541 (+3,016%), from €482 to €15,023
mainly Other debts (+€29,261) and Depreciation (+€2,342)
- Receivables within one year +€9,571
up €9,571 (+32.4%), from €29,572 to €39,143
of which Trade receivables: +€25,147
- Tangible fixed assets +€4,058
new in 2023: €4,058
of which Furniture and vehicles: +€3,470
- Intangible fixed assets -€2,000
down €2,000 (-28.6%), from €6,992 to €4,992
- Stocks and contracts +€1,025
up €1,025 (+97.6%), from €1,050 to €2,075
- Other debts +€29,261
up €29,261 (+794%), from €3,685 to €32,946
- Trade debts -€2,986
down €2,986 (-32.4%), from €9,224 to €6,238
- Profit (loss) carried forward +€2,017
up €2,017 (+20.9%), from €9,654 to €11,671
- Tax, wage and social debts -€1,123
down €1,123 (-10.6%), from €10,558 to €9,435
of which Remuneration and social security: -€2,088
- Gross operating margin -€36,620
down €36,620 (-66.5%), from €55,103 to €18,483
- Staff costs -€24,524
down €24,524 (-67.7%), from €36,211 to €11,687
- Taxes -€2,736
down €2,736 (-73.6%), from €3,718 to €982
- Other operating charges -€2,195
no longer reported in 2023 (was €2,195)
- Financial charges +€1,136
up €1,136 (+356%), from €320 to €1,455
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.
Derived cash bridge
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 | €38,121 | €65,291 | +€27,170 | +71.3% |
| Fixed assets | 21/28 | €6,992 | €9,050 | +€2,058 | +29.4% |
| Intangible fixed assets | 21 | €6,992 | €4,992 | -€2,000 | -28.6% |
| Tangible fixed assets | 22/27 | - | €4,058 | +€4,058 | |
| Plant, machinery and equipment | 23 | - | €588 | +€588 | |
| Furniture and vehicles | 24 | - | €3,470 | +€3,470 | |
| Current assets | 29/58 | €31,129 | €56,241 | +€25,112 | +80.7% |
| Stocks and contracts in progress | 3 | €1,050 | €2,075 | +€1,025 | +97.6% |
| Stocks | 30/36 | €1,050 | €2,075 | +€1,025 | +97.6% |
| Amounts receivable within one year | 40/41 | €29,572 | €39,143 | +€9,571 | +32.4% |
| Trade receivables | 40 | €13,996 | €39,143 | +€25,147 | +180% |
| Other amounts receivable | 41 | €15,576 | - | -€15,576 | |
| Cash at bank and in hand | 54/58 | €482 | €15,023 | +€14,541 | +3,016% |
| Deferred charges and accrued income | 490/1 | €25 | - | -€25 | |
| Total equity and liabilities | 10/49 | €38,121 | €65,291 | +€27,170 | +71.3% |
| Equity | 10/15 | €14,654 | €16,671 | +€2,017 | +13.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,654 | €11,671 | +€2,017 | +20.9% |
| Amounts payable | 17/49 | €23,467 | €48,620 | +€25,153 | +107% |
| Amounts payable within one year | 42/48 | €23,467 | €48,620 | +€25,153 | +107% |
| Trade debts | 44 | €9,224 | €6,238 | -€2,986 | -32.4% |
| Suppliers | 440/4 | €9,224 | €6,238 | -€2,986 | -32.4% |
| Taxes, remuneration and social security | 45 | €10,558 | €9,435 | -€1,123 | -10.6% |
| Taxes | 450/3 | €4,190 | €5,155 | +€965 | +23.0% |
| Remuneration and social security | 454/9 | €6,368 | €4,280 | -€2,088 | -32.8% |
| Other amounts payable | 47/48 | €3,685 | €32,946 | +€29,261 | +794% |
| Remuneration, social security and pensions | 62 | €36,211 | €11,687 | -€24,524 | -67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,008 | €2,342 | -€666 | -22.1% |
| Other operating charges | 640/8 | €2,195 | - | -€2,195 | |
| Gross operating margin | 9900 | €55,103 | €18,483 | -€36,620 | -66.5% |
| Operating profit (loss) | 9901 | €13,689 | €4,455 | -€9,235 | -67.5% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €320 | €1,455 | +€1,136 | +356% |
| Recurring financial charges | 65 | €320 | €1,455 | +€1,136 | +356% |
| Profit (loss) for the period before taxes | 9903 | €13,372 | €2,999 | -€10,373 | -77.6% |
| Income taxes | 67/77 | €3,718 | €982 | -€2,736 | -73.6% |
| Profit (loss) for the period | 9904 | €9,654 | €2,017 | -€7,637 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,654 | €2,017 | -€7,637 | -79.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.