IT & SECURITY SYSTEMS: 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.
IT & SECURITY SYSTEMS
Largest movements
- Receivables within one year +€16,219
up €16,219 (+630.1%), from €2,574 to €18,793
of which Trade receivables: +€18,710
- Cash +€6,334
new in 2023: €6,334
mainly Net result for the year (+€12,859) and Tax, wage and social debts (+€9,313)
- Formation expenses -€270
down €270 (-48.0%), from €563 to €293
- Profit (loss) carried forward +€12,859
up €12,859, from -€8,863 to €3,996
- Tax, wage and social debts +€9,313
new in 2023: €9,313
of which Taxes: +€5,210
- Gross operating margin +€16,841
up €16,841, from -€2,643 to €14,198
- Taxes +€999
new in 2023: €999
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 | €3,137 | €25,420 | +€22,282 | +710.2% |
| Formation expenses | 20 | €563 | €293 | -€270 | -48.0% |
| Current assets | 29/58 | €2,574 | €25,127 | +€22,553 | +876.2% |
| Amounts receivable within one year | 40/41 | €2,574 | €18,793 | +€16,219 | +630.1% |
| Trade receivables | 40 | - | €18,710 | +€18,710 | |
| Other amounts receivable | 41 | €2,574 | €84 | -€2,490 | -96.8% |
| Cash at bank and in hand | 54/58 | - | €6,334 | +€6,334 | |
| Total equity and liabilities | 10/49 | €3,137 | €25,420 | +€22,282 | +710.2% |
| Equity | 10/15 | €3,137 | €15,996 | +€12,859 | +409.9% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,863 | €3,996 | +€12,859 | |
| Amounts payable | 17/49 | - | €9,423 | +€9,423 | |
| Amounts payable within one year | 42/48 | - | €9,423 | +€9,423 | |
| Trade debts | 44 | - | €110 | +€110 | |
| Suppliers | 440/4 | - | €110 | +€110 | |
| Taxes, remuneration and social security | 45 | - | €9,313 | +€9,313 | |
| Taxes | 450/3 | - | €5,210 | +€5,210 | |
| Remuneration and social security | 454/9 | - | €4,103 | +€4,103 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270 | €270 | = | 0.0% |
| Gross operating margin | 9900 | -€2,643 | €14,198 | +€16,841 | |
| Operating profit (loss) | 9901 | -€2,913 | €13,928 | +€16,841 | |
| Financial charges | 65/66B | - | €70 | +€70 | |
| Recurring financial charges | 65 | - | €70 | +€70 | |
| Profit (loss) for the period before taxes | 9903 | -€2,913 | €13,858 | +€16,771 | |
| Income taxes | 67/77 | - | €999 | +€999 | |
| Profit (loss) for the period | 9904 | -€2,913 | €12,859 | +€15,772 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,913 | €12,859 | +€15,772 |
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 29 September 2026 via checked.be.