LS: 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.
LS
Largest movements
- Tangible fixed assets +€13,119
new in 2023: €13,119
of which Plant, machinery and equipment: +€9,043
- Receivables within one year +€11,385
up €11,385 (+241.3%), from €4,718 to €16,102
of which Trade receivables: +€9,492
- Stocks and contracts +€3,777
new in 2023: €3,777
- Cash +€3,201
up €3,201 (+453.2%), from €706 to €3,907
mainly Other debts (+€30,743) and Trade debts (+€14,876)
- Other debts +€30,743
up €30,743 (+1008.1%), from €3,050 to €33,793
- Profit (loss) carried forward -€22,432
down €22,432 (-205.9%), from -€10,893 to -€33,324
- Trade debts +€14,876
up €14,876 (+515.0%), from €2,889 to €17,765
- Tax, wage and social debts +€8,870
up €8,870 (+1106.2%), from €802 to €9,672
of which Remuneration and social security: +€8,838
- Advances received -€576
down €576 (-12.6%), from €4,576 to €4,000
- Staff costs +€9,415
up €9,415 (+77.9%), from €12,090 to €21,505
- Gross operating margin -€1,935
down €1,935 (-72.3%), from €2,676 to €741
- Other operating charges +€232
up €232 (+931.3%), from €25 to €257
- Depreciation -€82
down €82 (-6.8%), from €1,207 to €1,125
- Financial charges +€40
up €40 (+16.2%), from €247 to €287
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 | €5,424 | €36,905 | +€31,482 | +580.4% |
| Fixed assets | 21/28 | - | €13,119 | +€13,119 | |
| Tangible fixed assets | 22/27 | - | €13,119 | +€13,119 | |
| Plant, machinery and equipment | 23 | - | €9,043 | +€9,043 | |
| Furniture and vehicles | 24 | - | €4,076 | +€4,076 | |
| Current assets | 29/58 | €5,424 | €23,786 | +€18,363 | +338.6% |
| Stocks and contracts in progress | 3 | - | €3,777 | +€3,777 | |
| Stocks | 30/36 | - | €3,777 | +€3,777 | |
| Amounts receivable within one year | 40/41 | €4,718 | €16,102 | +€11,385 | +241.3% |
| Trade receivables | 40 | €4,642 | €14,134 | +€9,492 | +204.5% |
| Other amounts receivable | 41 | €75 | €1,969 | +€1,893 | +2512.8% |
| Cash at bank and in hand | 54/58 | €706 | €3,907 | +€3,201 | +453.2% |
| Total equity and liabilities | 10/49 | €5,424 | €36,905 | +€31,482 | +580.4% |
| Equity | 10/15 | -€5,893 | -€28,324 | -€22,432 | -380.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,893 | -€33,324 | -€22,432 | -205.9% |
| Amounts payable | 17/49 | €11,317 | €65,230 | +€53,913 | +476.4% |
| Amounts payable within one year | 42/48 | €11,317 | €65,230 | +€53,913 | +476.4% |
| Trade debts | 44 | €2,889 | €17,765 | +€14,876 | +515.0% |
| Suppliers | 440/4 | €2,889 | €17,765 | +€14,876 | +515.0% |
| Advances received on contracts in progress | 46 | €4,576 | €4,000 | -€576 | -12.6% |
| Taxes, remuneration and social security | 45 | €802 | €9,672 | +€8,870 | +1106.2% |
| Taxes | 450/3 | - | €32 | +€32 | |
| Remuneration and social security | 454/9 | €802 | €9,640 | +€8,838 | +1102.3% |
| Other amounts payable | 47/48 | €3,050 | €33,793 | +€30,743 | +1008.1% |
| Remuneration, social security and pensions | 62 | €12,090 | €21,505 | +€9,415 | +77.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,207 | €1,125 | -€82 | -6.8% |
| Other operating charges | 640/8 | €25 | €257 | +€232 | +931.3% |
| Gross operating margin | 9900 | €2,676 | €741 | -€1,935 | -72.3% |
| Operating profit (loss) | 9901 | -€10,646 | -€22,145 | -€11,499 | -108.0% |
| Financial charges | 65/66B | €247 | €287 | +€40 | +16.2% |
| Recurring financial charges | 65 | €247 | €287 | +€40 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,893 | -€22,432 | -€11,539 | -105.9% |
| Profit (loss) for the period | 9904 | -€10,893 | -€22,432 | -€11,539 | -105.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,893 | -€22,432 | -€11,539 | -105.9% |
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 28 September 2026 via checked.be.