LYESS: 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.
LYESS
Largest movements
- Intangible fixed assets -€9,713
down €9,713 (-36.4%), from €26,711 to €16,998
- Receivables within one year +€8,919
up €8,919 (+54.1%), from €16,480 to €25,400
of which Other amounts receivable: +€4,630
- Tangible fixed assets +€7,854
new in 2023: €7,854
of which Furniture and vehicles: +€7,854
- Cash -€4,095
down €4,095 (-92.2%), from €4,441 to €346
- Other debts +€31,388
up €31,388 (+194.0%), from €16,176 to €47,565
- Profit (loss) carried forward -€25,020
down €25,020, from €4,513 to -€20,507
- Trade debts -€5,126
down €5,126 (-100.0%), from €5,126 to €0
- Tax, wage and social debts +€1,422
up €1,422 (+13.0%), from €10,922 to €12,344
of which Remuneration and social security: +€1,424
- Gross operating margin -€25,114
down €25,114 (-85.2%), from €29,464 to €4,349
- Staff costs -€9,642
down €9,642 (-45.9%), from €21,004 to €11,362
- Depreciation +€1,594
up €1,594 (+13.9%), from €11,428 to €13,022
- Financial charges -€885
down €885 (-87.9%), from €1,007 to €122
From the 2021 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,087 | €54,752 | +€2,665 | +5.1% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €27,011 | €24,852 | -€2,159 | -8.0% |
| Intangible fixed assets | 21 | €26,711 | €16,998 | -€9,713 | -36.4% |
| Tangible fixed assets | 22/27 | - | €7,854 | +€7,854 | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €7,854 | +€7,854 | |
| Financial fixed assets | 28 | €300 | - | -€300 | |
| Current assets | 29/58 | €25,076 | €29,900 | +€4,824 | +19.2% |
| Stocks and contracts in progress | 3 | €4,155 | €4,155 | = | 0.0% |
| Stocks | 30/36 | €4,155 | €4,155 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,480 | €25,400 | +€8,919 | +54.1% |
| Trade receivables | 40 | €10,833 | €15,123 | +€4,289 | +39.6% |
| Other amounts receivable | 41 | €5,647 | €10,277 | +€4,630 | +82.0% |
| Cash at bank and in hand | 54/58 | €4,441 | €346 | -€4,095 | -92.2% |
| Total equity and liabilities | 10/49 | €52,087 | €54,752 | +€2,665 | +5.1% |
| Equity | 10/15 | €15,086 | -€9,934 | -€25,020 | |
| Contributions | 10/11 | €8,712 | €8,712 | = | 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 | €4,513 | -€20,507 | -€25,020 | |
| Amounts payable | 17/49 | €37,002 | €64,686 | +€27,685 | +74.8% |
| Amounts payable within one year | 42/48 | €32,224 | €59,908 | +€27,685 | +85.9% |
| Trade debts | 44 | €5,126 | €0 | -€5,126 | -100.0% |
| Suppliers | 440/4 | €5,126 | €0 | -€5,126 | -100.0% |
| Taxes, remuneration and social security | 45 | €10,922 | €12,344 | +€1,422 | +13.0% |
| Taxes | 450/3 | €4,462 | €4,460 | -€2 | 0.0% |
| Remuneration and social security | 454/9 | €6,460 | €7,884 | +€1,424 | +22.0% |
| Other amounts payable | 47/48 | €16,176 | €47,565 | +€31,388 | +194.0% |
| Accrued charges and deferred income | 492/3 | €4,778 | €4,778 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €21,004 | €11,362 | -€9,642 | -45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,428 | €13,022 | +€1,594 | +13.9% |
| Other operating charges | 640/8 | €1,439 | €1,655 | +€216 | +15.0% |
| Gross operating margin | 9900 | €29,464 | €4,349 | -€25,114 | -85.2% |
| Operating profit (loss) | 9901 | -€4,408 | -€21,689 | -€17,281 | -392.1% |
| Financial charges | 65/66B | €1,007 | €122 | -€885 | -87.9% |
| Recurring financial charges | 65 | €1,007 | €122 | -€885 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,415 | -€21,811 | -€16,396 | -302.8% |
| Profit (loss) for the period | 9904 | -€5,415 | -€21,811 | -€16,396 | -302.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,415 | -€21,811 | -€16,396 | -302.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.