KINGDOM: 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.
KINGDOM
Largest movements
- Receivables within one year -€4,108
down €4,108 (-47.9%), from €8,570 to €4,462
of which Trade receivables: -€3,843
- Cash +€3,661
up €3,661 (+79.0%), from €4,632 to €8,293
mainly Tax, wage and social debts (+€4,562) and Receivables within one year (+€4,108)
- Trade debts -€6,301
down €6,301 (-74.0%), from €8,516 to €2,214
- Tax, wage and social debts +€4,562
up €4,562 (+80.0%), from €5,703 to €10,265
- Profit (loss) carried forward +€1,293
up €1,293 (+64.1%), from -€2,018 to -€725
- Staff costs +€10,141
up €10,141 (+149%), from €6,811 to €16,951
- Gross operating margin +€9,294
up €9,294 (+101%), from €9,247 to €18,542
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 | €13,202 | €12,755 | -€447 | -3.4% |
| Current assets | 29/58 | €13,202 | €12,755 | -€447 | -3.4% |
| Amounts receivable within one year | 40/41 | €8,570 | €4,462 | -€4,108 | -47.9% |
| Trade receivables | 40 | €3,843 | - | -€3,843 | |
| Other amounts receivable | 41 | €4,727 | €4,462 | -€265 | -5.6% |
| Cash at bank and in hand | 54/58 | €4,632 | €8,293 | +€3,661 | +79.0% |
| Total equity and liabilities | 10/49 | €13,202 | €12,755 | -€447 | -3.4% |
| Equity | 10/15 | -€1,017 | €276 | +€1,293 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Capital | 10 | €1 | €1 | = | 0.0% |
| Issued capital | 100 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,018 | -€725 | +€1,293 | +64.1% |
| Amounts payable | 17/49 | €14,219 | €12,479 | -€1,740 | -12.2% |
| Amounts payable within one year | 42/48 | €14,219 | €12,479 | -€1,740 | -12.2% |
| Trade debts | 44 | €8,516 | €2,214 | -€6,301 | -74.0% |
| Suppliers | 440/4 | €8,516 | €2,214 | -€6,301 | -74.0% |
| Taxes, remuneration and social security | 45 | €5,703 | €10,265 | +€4,562 | +80.0% |
| Taxes | 450/3 | €5,703 | €10,265 | +€4,562 | +80.0% |
| Remuneration, social security and pensions | 62 | €6,811 | €16,951 | +€10,141 | +149% |
| Other operating charges | 640/8 | €36 | €202 | +€166 | +462% |
| Gross operating margin | 9900 | €9,247 | €18,542 | +€9,294 | +101% |
| Operating profit (loss) | 9901 | €2,401 | €1,389 | -€1,012 | -42.2% |
| Financial charges | 65/66B | €172 | €96 | -€76 | -44.3% |
| Recurring financial charges | 65 | €172 | €96 | -€76 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €2,229 | €1,293 | -€936 | -42.0% |
| Profit (loss) for the period | 9904 | €2,229 | €1,293 | -€936 | -42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,229 | €1,293 | -€936 | -42.0% |
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 14 October 2026 via checked.be.