LUC TAMIGNIAU: 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.
LUC TAMIGNIAU
Largest movements
- Tangible fixed assets -€12,745
down €12,745 (-11.0%), from €116,028 to €103,283
of which Land and buildings: -€12,200
- Cash -€10,007
down €10,007 (-30.5%), from €32,770 to €22,762
mainly Net result for the year (-€18,821) and Receivables within one year (-€3,077)
- Receivables within one year +€3,077
up €3,077 (+57.2%), from €5,376 to €8,453
of which Trade receivables: +€2,373
- Profit (loss) carried forward -€18,821
down €18,821 (-13.8%), from €136,086 to €117,265
- Gross operating margin -€8,778
down €8,778, from €3,293 to -€5,485
- Depreciation -€424
down €424 (-3.2%), from €13,168 to €12,745
- Taxes +€218
up €218 (+195%), from €112 to €330
- Financial income +€76
new in 2023: €76
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 | €154,670 | €134,498 | -€20,172 | -13.0% |
| Fixed assets | 21/28 | €116,028 | €103,283 | -€12,745 | -11.0% |
| Tangible fixed assets | 22/27 | €116,028 | €103,283 | -€12,745 | -11.0% |
| Land and buildings | 22 | €114,938 | €102,738 | -€12,200 | -10.6% |
| Furniture and vehicles | 24 | €1,090 | €545 | -€545 | -50.0% |
| Current assets | 29/58 | €38,642 | €31,215 | -€7,427 | -19.2% |
| Amounts receivable within one year | 40/41 | €5,376 | €8,453 | +€3,077 | +57.2% |
| Trade receivables | 40 | - | €2,373 | +€2,373 | |
| Other amounts receivable | 41 | €5,376 | €6,080 | +€704 | +13.1% |
| Cash at bank and in hand | 54/58 | €32,770 | €22,762 | -€10,007 | -30.5% |
| Deferred charges and accrued income | 490/1 | €496 | - | -€496 | |
| Total equity and liabilities | 10/49 | €154,670 | €134,498 | -€20,172 | -13.0% |
| Equity | 10/15 | €150,346 | €131,525 | -€18,821 | -12.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €136,086 | €117,265 | -€18,821 | -13.8% |
| Amounts payable | 17/49 | €4,324 | €2,973 | -€1,351 | -31.3% |
| Amounts payable within one year | 42/48 | €4,324 | €2,973 | -€1,351 | -31.3% |
| Trade debts | 44 | €399 | €29 | -€369 | -92.7% |
| Suppliers | 440/4 | €399 | €29 | -€369 | -92.7% |
| Other amounts payable | 47/48 | €3,925 | €2,944 | -€982 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,168 | €12,745 | -€424 | -3.2% |
| Other operating charges | 640/8 | - | €45 | +€45 | |
| Non-recurring operating charges | 66A | €139 | - | -€139 | |
| Gross operating margin | 9900 | €3,293 | -€5,485 | -€8,778 | |
| Operating profit (loss) | 9901 | -€10,014 | -€18,275 | -€8,261 | -82.5% |
| Financial income | 75/76B | - | €76 | +€76 | |
| Recurring financial income | 75 | - | €76 | +€76 | |
| Financial charges | 65/66B | €310 | €291 | -€19 | -6.1% |
| Recurring financial charges | 65 | €310 | €291 | -€19 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,324 | -€18,491 | -€8,166 | -79.1% |
| Income taxes | 67/77 | €112 | €330 | +€218 | +195% |
| Profit (loss) for the period | 9904 | -€10,436 | -€18,821 | -€8,384 | -80.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,436 | -€18,821 | -€8,384 | -80.3% |
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 31 October 2026 via checked.be.