J.M.L.: 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.
J.M.L.
Largest movements
- Tangible fixed assets -€12,824
down €12,824 (-86.7%), from €14,793 to €1,969
of which Furniture and vehicles: -€7,875
- Other debts -€7,642
down €7,642 (-48.9%), from €15,642 to €8,000
- Current portion of long-term debt -€5,900
down €5,900 (-86.9%), from €6,792 to €892
- Tax, wage and social debts +€2,006
up €2,006 (+85.3%), from €2,352 to €4,358
of which Remuneration and social security: +€2,800
- Profit (loss) carried forward -€1,519
down €1,519 (-8.8%), from €17,353 to €15,834
- Debts after one year -€892
no longer reported in 2023 (was €892)
- Purchases and services +€22,967
up €22,967 (+13.7%), from €167,816 to €190,783
- Gross operating margin -€15,063
down €15,063 (-46.9%), from €32,140 to €17,077
- Turnover +€7,904
up €7,904 (+4.0%), from €199,956 to €207,860
- Taxes -€4,387
no longer reported in 2023 (was €4,387)
- Staff costs +€2,500
up €2,500 (+235%), from €1,063 to €3,563
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 | €85,470 | €71,786 | -€13,684 | -16.0% |
| Fixed assets | 21/28 | €14,793 | €1,969 | -€12,824 | -86.7% |
| Tangible fixed assets | 22/27 | €14,793 | €1,969 | -€12,824 | -86.7% |
| Furniture and vehicles | 24 | €9,844 | €1,969 | -€7,875 | -80.0% |
| Leasing and similar rights | 25 | €4,949 | - | -€4,949 | |
| Current assets | 29/58 | €70,677 | €69,817 | -€860 | -1.2% |
| Amounts receivable within one year | 40/41 | €9,763 | €9,605 | -€158 | -1.6% |
| Trade receivables | 40 | €7,452 | €7,821 | +€369 | +5.0% |
| Other amounts receivable | 41 | €2,311 | €1,784 | -€527 | -22.8% |
| Cash at bank and in hand | 54/58 | €60,914 | €60,212 | -€702 | -1.2% |
| Total equity and liabilities | 10/49 | €85,470 | €71,786 | -€13,684 | -16.0% |
| Equity | 10/15 | €50,432 | €48,913 | -€1,519 | -3.0% |
| Contributions | 10/11 | €32,000 | €32,000 | = | 0.0% |
| Reserves | 13 | €1,079 | €1,079 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,079 | €1,079 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,079 | €1,079 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,353 | €15,834 | -€1,519 | -8.8% |
| Amounts payable | 17/49 | €35,038 | €22,873 | -€12,165 | -34.7% |
| Amounts payable after more than one year | 17 | €892 | - | -€892 | |
| Financial debts | 170/4 | €892 | - | -€892 | |
| Amounts payable within one year | 42/48 | €34,146 | €22,873 | -€11,273 | -33.0% |
| Current portion of amounts payable after more than one year | 42 | €6,792 | €892 | -€5,900 | -86.9% |
| Trade debts | 44 | €9,360 | €9,623 | +€263 | +2.8% |
| Suppliers | 440/4 | €9,360 | €9,623 | +€263 | +2.8% |
| Taxes, remuneration and social security | 45 | €2,352 | €4,358 | +€2,006 | +85.3% |
| Taxes | 450/3 | €2,269 | €1,475 | -€794 | -35.0% |
| Remuneration and social security | 454/9 | €83 | €2,883 | +€2,800 | +3,373% |
| Other amounts payable | 47/48 | €15,642 | €8,000 | -€7,642 | -48.9% |
| Turnover | 70 | €199,956 | €207,860 | +€7,904 | +4.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €167,816 | €190,783 | +€22,967 | +13.7% |
| Remuneration, social security and pensions | 62 | €1,063 | €3,563 | +€2,500 | +235% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,824 | €12,824 | = | 0.0% |
| Other operating charges | 640/8 | €1,425 | €1,585 | +€160 | +11.2% |
| Gross operating margin | 9900 | €32,140 | €17,077 | -€15,063 | -46.9% |
| Operating profit (loss) | 9901 | €16,828 | -€895 | -€17,723 | |
| Financial income | 75/76B | €29 | €35 | +€6 | +20.7% |
| Recurring financial income | 75 | €29 | €35 | +€6 | +20.7% |
| Financial charges | 65/66B | €991 | €659 | -€332 | -33.5% |
| Recurring financial charges | 65 | €991 | €659 | -€332 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €15,866 | -€1,519 | -€17,385 | |
| Income taxes | 67/77 | €4,387 | - | -€4,387 | |
| Profit (loss) for the period | 9904 | €11,479 | -€1,519 | -€12,998 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,479 | -€1,519 | -€12,998 |
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 23 October 2026 via checked.be.