JS-DEL: 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.
JS-DEL
Largest movements
- Receivables within one year +€46,862
up €46,862 (+21.7%), from €215,701 to €262,562
of which Other amounts receivable: +€71,141
- Tangible fixed assets -€13,982
down €13,982 (-26.4%), from €52,955 to €38,973
of which Furniture and vehicles: -€10,884
- Cash -€3,188
no longer reported in 2023 (was €3,188)
mainly Receivables within one year (-€46,862) and Tax, wage and social debts (-€25,366)
- Other debts +€32,256
up €32,256 (+53.5%), from €60,273 to €92,528
- Tax, wage and social debts -€25,366
down €25,366 (-43.3%), from €58,609 to €33,243
of which Remuneration and social security: -€20,345
- Advances received +€19,216
up €19,216 (+42.7%), from €45,040 to €64,255
- Profit (loss) carried forward +€9,128
up €9,128 (+14.0%), from €64,994 to €74,122
- Short-term financial debts +€5,594
new in 2023: €5,594
- Gross operating margin -€36,853
down €36,853 (-31.7%), from €116,350 to €79,497
- Staff costs -€17,513
down €17,513 (-27.6%), from €63,514 to €46,001
- Financial charges -€6,167
down €6,167 (-59.7%), from €10,335 to €4,168
- Taxes -€5,382
down €5,382 (-50.1%), from €10,737 to €5,356
- Depreciation +€2,181
up €2,181 (+19.8%), from €11,035 to €13,216
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 | €272,790 | €305,150 | +€32,361 | +11.9% |
| Fixed assets | 21/28 | €53,569 | €42,588 | -€10,982 | -20.5% |
| Tangible fixed assets | 22/27 | €52,955 | €38,973 | -€13,982 | -26.4% |
| Furniture and vehicles | 24 | €33,460 | €22,576 | -€10,884 | -32.5% |
| Other tangible fixed assets | 26 | €19,495 | €16,397 | -€3,098 | -15.9% |
| Financial fixed assets | 28 | €615 | €3,615 | +€3,000 | +488% |
| Current assets | 29/58 | €219,220 | €262,562 | +€43,342 | +19.8% |
| Amounts receivable within one year | 40/41 | €215,701 | €262,562 | +€46,862 | +21.7% |
| Trade receivables | 40 | €64,631 | €40,352 | -€24,279 | -37.6% |
| Other amounts receivable | 41 | €151,070 | €222,211 | +€71,141 | +47.1% |
| Cash at bank and in hand | 54/58 | €3,188 | - | -€3,188 | |
| Deferred charges and accrued income | 490/1 | €331 | - | -€331 | |
| Total equity and liabilities | 10/49 | €272,790 | €305,150 | +€32,361 | +11.9% |
| Equity | 10/15 | €83,594 | €92,722 | +€9,128 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,994 | €74,122 | +€9,128 | +14.0% |
| Amounts payable | 17/49 | €189,196 | €212,428 | +€23,233 | +12.3% |
| Amounts payable within one year | 42/48 | €189,196 | €212,428 | +€23,233 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €3,571 | - | -€3,571 | |
| Financial debts | 43 | - | €5,594 | +€5,594 | |
| Other loans | 439 | - | €5,594 | +€5,594 | |
| Trade debts | 44 | €21,704 | €16,807 | -€4,896 | -22.6% |
| Suppliers | 440/4 | €21,704 | €16,807 | -€4,896 | -22.6% |
| Advances received on contracts in progress | 46 | €45,040 | €64,255 | +€19,216 | +42.7% |
| Taxes, remuneration and social security | 45 | €58,609 | €33,243 | -€25,366 | -43.3% |
| Taxes | 450/3 | €27,126 | €22,105 | -€5,021 | -18.5% |
| Remuneration and social security | 454/9 | €31,483 | €11,138 | -€20,345 | -64.6% |
| Other amounts payable | 47/48 | €60,273 | €92,528 | +€32,256 | +53.5% |
| Remuneration, social security and pensions | 62 | €63,514 | €46,001 | -€17,513 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,035 | €13,216 | +€2,181 | +19.8% |
| Other operating charges | 640/8 | €1,293 | €1,635 | +€341 | +26.4% |
| Gross operating margin | 9900 | €116,350 | €79,497 | -€36,853 | -31.7% |
| Operating profit (loss) | 9901 | €40,507 | €18,645 | -€21,862 | -54.0% |
| Financial income | 75/76B | €1 | €7 | +€6 | +494% |
| Recurring financial income | 75 | €1 | €7 | +€6 | +494% |
| Financial charges | 65/66B | €10,335 | €4,168 | -€6,167 | -59.7% |
| Recurring financial charges | 65 | €10,335 | €4,168 | -€6,167 | -59.7% |
| Profit (loss) for the period before taxes | 9903 | €30,174 | €14,484 | -€15,690 | -52.0% |
| Income taxes | 67/77 | €10,737 | €5,356 | -€5,382 | -50.1% |
| Profit (loss) for the period | 9904 | €19,437 | €9,128 | -€10,309 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,437 | €9,128 | -€10,309 | -53.0% |
Source: filed annual accounts (NBB), financial years ended 31 May 2022 and 31 May 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.