JIR CONCEPT: 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.
JIR CONCEPT
Largest movements
- Receivables within one year +€66,732
up €66,732 (+718%), from €9,289 to €76,020
of which Trade receivables: +€57,007
- Cash -€63,581
down €63,581 (-46.0%), from €138,252 to €74,671
mainly Receivables within one year (-€66,732) and Debts after one year (-€28,055)
- Stocks and contracts +€25,210
new in 2023: €25,210
- Intangible fixed assets -€20,000
down €20,000 (-11.9%), from €168,333 to €148,333
- Tangible fixed assets -€16,099
down €16,099 (-15.5%), from €104,178 to €88,078
- Debts after one year -€28,055
down €28,055 (-20.7%), from €135,407 to €107,352
- Trade debts +€24,147
up €24,147 (+47.3%), from €51,013 to €75,159
- Gross operating margin -€153,475
down €153,475 (-69.6%), from €220,579 to €67,104
- Staff costs +€5,593
up €5,593 (+23.0%), from €24,361 to €29,954
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 | €420,052 | €412,314 | -€7,738 | -1.8% |
| Fixed assets | 21/28 | €272,511 | €236,412 | -€36,099 | -13.2% |
| Intangible fixed assets | 21 | €168,333 | €148,333 | -€20,000 | -11.9% |
| Tangible fixed assets | 22/27 | €104,178 | €88,078 | -€16,099 | -15.5% |
| Plant, machinery and equipment | 23 | €13,085 | €10,042 | -€3,042 | -23.3% |
| Furniture and vehicles | 24 | €32,660 | €25,661 | -€6,999 | -21.4% |
| Other tangible fixed assets | 26 | €58,433 | €52,375 | -€6,058 | -10.4% |
| Current assets | 29/58 | €147,541 | €175,902 | +€28,361 | +19.2% |
| Stocks and contracts in progress | 3 | - | €25,210 | +€25,210 | |
| Stocks | 30/36 | - | €25,210 | +€25,210 | |
| Amounts receivable within one year | 40/41 | €9,289 | €76,020 | +€66,732 | +718% |
| Trade receivables | 40 | €2,993 | €60,000 | +€57,007 | +1,905% |
| Other amounts receivable | 41 | €6,296 | €16,020 | +€9,725 | +154% |
| Cash at bank and in hand | 54/58 | €138,252 | €74,671 | -€63,581 | -46.0% |
| Total equity and liabilities | 10/49 | €420,052 | €412,314 | -€7,738 | -1.8% |
| Equity | 10/15 | €201,625 | €197,489 | -€4,136 | -2.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Capital | 10 | €50,000 | €50,000 | = | 0.0% |
| Issued capital | 100 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Legal reserve | 130 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,625 | €142,489 | -€4,136 | -2.8% |
| Amounts payable | 17/49 | €218,427 | €214,825 | -€3,602 | -1.6% |
| Amounts payable after more than one year | 17 | €135,407 | €107,352 | -€28,055 | -20.7% |
| Financial debts | 170/4 | €135,407 | €107,352 | -€28,055 | -20.7% |
| Amounts payable within one year | 42/48 | €83,020 | €107,473 | +€24,453 | +29.5% |
| Current portion of amounts payable after more than one year | 42 | €27,268 | €28,055 | +€787 | +2.9% |
| Trade debts | 44 | €51,013 | €75,159 | +€24,147 | +47.3% |
| Suppliers | 440/4 | €51,013 | €75,159 | +€24,147 | +47.3% |
| Taxes, remuneration and social security | 45 | €1,368 | €2,530 | +€1,161 | +84.9% |
| Taxes | 450/3 | - | €260 | +€260 | |
| Remuneration and social security | 454/9 | €1,368 | €2,270 | +€902 | +65.9% |
| Other amounts payable | 47/48 | €3,371 | €1,728 | -€1,643 | -48.7% |
| Remuneration, social security and pensions | 62 | €24,361 | €29,954 | +€5,593 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,278 | €36,099 | -€2,179 | -5.7% |
| Other operating charges | 640/8 | €1,136 | €796 | -€340 | -29.9% |
| Gross operating margin | 9900 | €220,579 | €67,104 | -€153,475 | -69.6% |
| Operating profit (loss) | 9901 | €156,805 | €255 | -€156,550 | -99.8% |
| Financial income | 75/76B | - | €320 | +€320 | |
| Recurring financial income | 75 | - | €320 | +€320 | |
| Financial charges | 65/66B | €5,180 | €4,711 | -€469 | -9.1% |
| Recurring financial charges | 65 | €5,180 | €4,711 | -€469 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €151,625 | -€4,136 | -€155,761 | |
| Profit (loss) for the period | 9904 | €151,625 | -€4,136 | -€155,761 | |
| Profit (loss) for the period to be appropriated | 9905 | €151,625 | -€4,136 | -€155,761 |
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 21 October 2026 via checked.be.