Le Chiffre: what changed
Two fiscal 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.
Le Chiffre
Largest movements
- Financial fixed assets +€43,000
up €43,000 (+22.4%), from €192,353 to €235,353
- Receivables within one year -€27,839
down €27,839 (-92.3%), from €30,172 to €2,333
of which Trade receivables: -€28,993
- Cash +€7,128
up €7,128 (+1462.6%), from €487 to €7,616
mainly Net result for the year (+€41,487) and Receivables within one year (+€27,839)
- Profit (loss) carried forward +€41,487
up €41,487 (+49.5%), from €83,799 to €125,286
- Debts after one year -€12,765
down €12,765 (-26.0%), from €49,117 to €36,352
- Accrued charges and deferred income -€7,152
down €7,152 (-23.8%), from €30,027 to €22,875
- Tax, wage and social debts +€5,619
up €5,619 (+19.6%), from €28,641 to €34,260
- Trade debts -€3,986
down €3,986 (-24.3%), from €16,415 to €12,430
- Gross operating margin +€54,900
up €54,900 (+396.6%), from €13,843 to €68,743
- Taxes +€17,100
up €17,100 (+610.7%), from €2,800 to €19,900
- Financial charges +€3,068
up €3,068 (+188.6%), from €1,627 to €4,695
- Other operating charges +€2,051
up €2,051 (+500.2%), from €410 to €2,461
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.
Cash bridge derived
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 | €224,198 | €246,268 | +€22,070 | +9.8% |
| Fixed assets | 21/28 | €192,353 | €236,319 | +€43,966 | +22.9% |
| Tangible fixed assets | 22/27 | - | €966 | +€966 | |
| Furniture and vehicles | 24 | - | €966 | +€966 | |
| Financial fixed assets | 28 | €192,353 | €235,353 | +€43,000 | +22.4% |
| Current assets | 29/58 | €31,845 | €9,949 | -€21,896 | -68.8% |
| Amounts receivable within one year | 40/41 | €30,172 | €2,333 | -€27,839 | -92.3% |
| Trade receivables | 40 | €28,993 | - | -€28,993 | |
| Other amounts receivable | 41 | €1,179 | €2,333 | +€1,154 | +97.9% |
| Cash at bank and in hand | 54/58 | €487 | €7,616 | +€7,128 | +1462.6% |
| Deferred charges and accrued income | 490/1 | €1,186 | - | -€1,186 | |
| Total equity and liabilities | 10/49 | €224,198 | €246,268 | +€22,070 | +9.8% |
| Equity | 10/15 | €85,099 | €126,586 | +€41,487 | +48.8% |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,799 | €125,286 | +€41,487 | +49.5% |
| Amounts payable | 17/49 | €139,100 | €119,682 | -€19,418 | -14.0% |
| Amounts payable after more than one year | 17 | €49,117 | €36,352 | -€12,765 | -26.0% |
| Financial debts | 170/4 | €49,117 | €36,352 | -€12,765 | -26.0% |
| Amounts payable within one year | 42/48 | €59,955 | €60,454 | +€499 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €12,529 | €12,765 | +€235 | +1.9% |
| Financial debts | 43 | €1,598 | €502 | -€1,096 | -68.6% |
| Credit institutions | 430/8 | €1,598 | €502 | -€1,096 | -68.6% |
| Trade debts | 44 | €16,415 | €12,430 | -€3,986 | -24.3% |
| Suppliers | 440/4 | €16,415 | €12,430 | -€3,986 | -24.3% |
| Taxes, remuneration and social security | 45 | €28,641 | €34,260 | +€5,619 | +19.6% |
| Taxes | 450/3 | €28,641 | €34,260 | +€5,619 | +19.6% |
| Other amounts payable | 47/48 | €771 | €498 | -€273 | -35.4% |
| Accrued charges and deferred income | 492/3 | €30,027 | €22,875 | -€7,152 | -23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €209 | +€209 | |
| Other operating charges | 640/8 | €410 | €2,461 | +€2,051 | +500.2% |
| Non-recurring operating charges | 66A | €2,267 | - | -€2,267 | |
| Gross operating margin | 9900 | €13,843 | €68,743 | +€54,900 | +396.6% |
| Operating profit (loss) | 9901 | €11,165 | €66,073 | +€54,907 | +491.8% |
| Financial income | 75/76B | €0 | €9 | +€9 | +4381.0% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +4381.0% |
| Financial charges | 65/66B | €1,627 | €4,695 | +€3,068 | +188.6% |
| Recurring financial charges | 65 | €1,627 | €4,695 | +€3,068 | +188.6% |
| Profit (loss) for the period before taxes | 9903 | €9,539 | €61,387 | +€51,849 | +543.6% |
| Income taxes | 67/77 | €2,800 | €19,900 | +€17,100 | +610.7% |
| Profit (loss) for the period | 9904 | €6,739 | €41,487 | +€34,749 | +515.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,739 | €41,487 | +€34,749 | +515.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.