LCONCEPT: 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.
LCONCEPT
Largest movements
- Receivables within one year -€3,756
down €3,756 (-3.4%), from €109,516 to €105,760
of which Other amounts receivable: -€6,267
- Trade debts -€5,797
down €5,797 (-76.6%), from €7,567 to €1,771
- Debts after one year -€5,000
down €5,000 (-92.3%), from €5,417 to €417
- Tax, wage and social debts +€3,947
up €3,947 (+671%), from €588 to €4,535
of which Remuneration and social security: +€3,340
- Profit (loss) carried forward +€1,374
up €1,374 (+3.9%), from €34,812 to €36,186
- Taxes +€5,350
up €5,350, from -€4,442 to €907
- Gross operating margin +€1,491
up €1,491 (+26.8%), from €5,568 to €7,059
- Financial charges -€1,489
down €1,489 (-56.3%), from €2,643 to €1,154
- Depreciation -€173
down €173 (-20.2%), from €855 to €682
- Other operating charges -€73
down €73 (-2.4%), from €3,061 to €2,988
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 | €116,115 | €110,639 | -€5,476 | -4.7% |
| Fixed assets | 21/28 | €1,189 | €507 | -€682 | -57.4% |
| Tangible fixed assets | 22/27 | €1,189 | €507 | -€682 | -57.4% |
| Plant, machinery and equipment | 23 | €913 | €434 | -€479 | -52.5% |
| Furniture and vehicles | 24 | €275 | €73 | -€203 | -73.6% |
| Current assets | 29/58 | €114,926 | €110,132 | -€4,794 | -4.2% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Contracts in progress | 37 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €109,516 | €105,760 | -€3,756 | -3.4% |
| Trade receivables | 40 | €34,887 | €37,397 | +€2,511 | +7.2% |
| Other amounts receivable | 41 | €74,630 | €68,362 | -€6,267 | -8.4% |
| Cash at bank and in hand | 54/58 | €2,410 | €1,372 | -€1,038 | -43.1% |
| Total equity and liabilities | 10/49 | €116,115 | €110,639 | -€5,476 | -4.7% |
| Equity | 10/15 | €97,543 | €98,917 | +€1,374 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,130 | €44,130 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,270 | €17,270 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,812 | €36,186 | +€1,374 | +3.9% |
| Amounts payable | 17/49 | €18,572 | €11,723 | -€6,850 | -36.9% |
| Amounts payable after more than one year | 17 | €5,417 | €417 | -€5,000 | -92.3% |
| Financial debts | 170/4 | €5,417 | €417 | -€5,000 | -92.3% |
| Amounts payable within one year | 42/48 | €13,156 | €11,306 | -€1,850 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €7,567 | €1,771 | -€5,797 | -76.6% |
| Suppliers | 440/4 | €7,567 | €1,771 | -€5,797 | -76.6% |
| Taxes, remuneration and social security | 45 | €588 | €4,535 | +€3,947 | +671% |
| Taxes | 450/3 | €78 | €685 | +€607 | +774% |
| Remuneration and social security | 454/9 | €510 | €3,850 | +€3,340 | +655% |
| Non-recurring operating income | 76A | - | €10,435 | +€10,435 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €855 | €682 | -€173 | -20.2% |
| Other operating charges | 640/8 | €3,061 | €2,988 | -€73 | -2.4% |
| Gross operating margin | 9900 | €5,568 | €7,059 | +€1,491 | +26.8% |
| Operating profit (loss) | 9901 | €1,653 | €3,389 | +€1,737 | +105% |
| Financial income | 75/76B | €8 | €46 | +€37 | +441% |
| Recurring financial income | 75 | €8 | €46 | +€37 | +441% |
| Financial charges | 65/66B | €2,643 | €1,154 | -€1,489 | -56.3% |
| Recurring financial charges | 65 | €2,643 | €1,154 | -€1,489 | -56.3% |
| Profit (loss) for the period before taxes | 9903 | -€982 | €2,281 | +€3,263 | |
| Income taxes | 67/77 | -€4,442 | €907 | +€5,350 | |
| Profit (loss) for the period | 9904 | €3,460 | €1,374 | -€2,087 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,460 | €1,374 | -€2,087 | -60.3% |
Source: filed annual accounts (NBB), financial years ended 28 February 2022 and 28 February 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.