L ET S: 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.
L ET S
Largest movements
- Cash +€19,600
up €19,600 (+3,784%), from €518 to €20,118
mainly Other debts (+€13,106) and Depreciation (+€10,806)
- Tangible fixed assets -€9,003
down €9,003 (-60.9%), from €14,788 to €5,785
of which Leasing and similar rights: -€14,788
- Receivables within one year -€3,013
down €3,013 (-38.5%), from €7,821 to €4,808
of which Trade receivables: -€2,281
- Other debts +€13,106
up €13,106 (+90.0%), from €14,567 to €27,673
- Current portion of long-term debt -€10,075
down €10,075 (-45.1%), from €22,350 to €12,275
- Tax, wage and social debts +€6,267
new in 2023: €6,267
of which Remuneration and social security: +€5,823
- Profit (loss) carried forward +€4,984
up €4,984 (+103%), from €4,852 to €9,836
- Debts after one year -€4,842
no longer reported in 2023 (was €4,842)
- Gross operating margin +€39,392
up €39,392 (+364%), from €10,816 to €50,208
- Turnover +€30,619
up €30,619 (+113%), from €27,165 to €57,784
- Staff costs +€13,156
new in 2023: €13,156
- Purchases and services -€12,320
down €12,320 (-61.9%), from €19,896 to €7,576
- Financial income -€11,000
no longer reported in 2023 (was €11,000)
of which Financial income: -€11,000
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 | €73,375 | €80,959 | +€7,584 | +10.3% |
| Fixed assets | 21/28 | €65,036 | €56,033 | -€9,003 | -13.8% |
| Intangible fixed assets | 21 | €50,000 | €50,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €14,788 | €5,785 | -€9,003 | -60.9% |
| Furniture and vehicles | 24 | - | €5,785 | +€5,785 | |
| Leasing and similar rights | 25 | €14,788 | - | -€14,788 | |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €8,339 | €24,926 | +€16,587 | +199% |
| Amounts receivable within one year | 40/41 | €7,821 | €4,808 | -€3,013 | -38.5% |
| Trade receivables | 40 | €5,191 | €2,910 | -€2,281 | -43.9% |
| Other amounts receivable | 41 | €2,630 | €1,898 | -€732 | -27.8% |
| Cash at bank and in hand | 54/58 | €518 | €20,118 | +€19,600 | +3,784% |
| Total equity and liabilities | 10/49 | €73,375 | €80,959 | +€7,584 | +10.3% |
| Equity | 10/15 | €26,512 | €31,496 | +€4,984 | +18.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,068 | €3,068 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €1,209 | €3,068 | +€1,859 | +154% |
| Profit (loss) carried forward | 14 | €4,852 | €9,836 | +€4,984 | +103% |
| Amounts payable | 17/49 | €46,863 | €49,463 | +€2,600 | +5.5% |
| Amounts payable after more than one year | 17 | €4,842 | - | -€4,842 | |
| Financial debts | 170/4 | €4,842 | - | -€4,842 | |
| Amounts payable within one year | 42/48 | €42,021 | €49,463 | +€7,442 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €22,350 | €12,275 | -€10,075 | -45.1% |
| Trade debts | 44 | €5,104 | €3,248 | -€1,856 | -36.4% |
| Suppliers | 440/4 | €5,104 | €3,248 | -€1,856 | -36.4% |
| Taxes, remuneration and social security | 45 | - | €6,267 | +€6,267 | |
| Taxes | 450/3 | - | €444 | +€444 | |
| Remuneration and social security | 454/9 | - | €5,823 | +€5,823 | |
| Other amounts payable | 47/48 | €14,567 | €27,673 | +€13,106 | +90.0% |
| Turnover | 70 | €27,165 | €57,784 | +€30,619 | +113% |
| Non-recurring operating income | 76A | €3,547 | - | -€3,547 | |
| Goods, raw materials, services and sundry goods | 60/61 | €19,896 | €7,576 | -€12,320 | -61.9% |
| Remuneration, social security and pensions | 62 | - | €13,156 | +€13,156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,788 | €10,806 | -€3,982 | -26.9% |
| Other operating charges | 640/8 | €1,504 | €3,545 | +€2,041 | +136% |
| Non-recurring operating charges | 66A | - | €6,875 | +€6,875 | |
| Gross operating margin | 9900 | €10,816 | €50,208 | +€39,392 | +364% |
| Operating profit (loss) | 9901 | -€5,476 | €15,826 | +€21,302 | |
| Financial income | 75/76B | €11,000 | - | -€11,000 | |
| Recurring financial income | 75 | €11,000 | - | -€11,000 | |
| Non-recurring financial income | 76B | €11,000 | - | -€11,000 | |
| Financial charges | 65/66B | €3,386 | €10,842 | +€7,456 | +220% |
| Recurring financial charges | 65 | €3,386 | €10,842 | +€7,456 | +220% |
| Profit (loss) for the period before taxes | 9903 | €2,138 | €4,984 | +€2,846 | +133% |
| Profit (loss) for the period | 9904 | €2,138 | €4,984 | +€2,846 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €2,138 | €4,984 | +€2,846 | +133% |
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 20 October 2026 via checked.be.