Mark H: 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.
Mark H
Largest movements
- Receivables within one year +€34,177
up €34,177 (+89.3%), from €38,272 to €72,449
of which Trade receivables: +€37,985
- Tangible fixed assets -€14,210
down €14,210 (-28.7%), from €49,575 to €35,365
of which Leasing and similar rights: -€13,827
- Trade debts +€34,541
up €34,541 (+464.8%), from €7,431 to €41,972
- Debts after one year -€13,935
down €13,935 (-39.5%), from €35,261 to €21,326
- Profit (loss) carried forward -€2,416
down €2,416 (-10.8%), from €22,317 to €19,901
- Tax, wage and social debts +€1,380
up €1,380 (+15.8%), from €8,715 to €10,095
- Gross operating margin -€43,051
down €43,051 (-75.4%), from €57,116 to €14,065
- Depreciation -€7,444
down €7,444 (-34.4%), from €21,654 to €14,210
- Taxes -€7,339
down €7,339 (-84.6%), from €8,673 to €1,334
- Other operating charges -€2,022
down €2,022 (-52.7%), from €3,838 to €1,816
- Financial charges -€1,081
down €1,081 (-58.5%), from €1,847 to €766
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 | €89,439 | €109,229 | +€19,790 | +22.1% |
| Fixed assets | 21/28 | €49,575 | €35,365 | -€14,210 | -28.7% |
| Tangible fixed assets | 22/27 | €49,575 | €35,365 | -€14,210 | -28.7% |
| Plant, machinery and equipment | 23 | €893 | €510 | -€383 | -42.9% |
| Leasing and similar rights | 25 | €48,682 | €34,855 | -€13,827 | -28.4% |
| Current assets | 29/58 | €39,864 | €73,864 | +€34,000 | +85.3% |
| Amounts receivable within one year | 40/41 | €38,272 | €72,449 | +€34,177 | +89.3% |
| Trade receivables | 40 | €3,140 | €41,125 | +€37,985 | +1209.6% |
| Other amounts receivable | 41 | €35,132 | €31,324 | -€3,808 | -10.8% |
| Cash at bank and in hand | 54/58 | €183 | - | -€183 | |
| Deferred charges and accrued income | 490/1 | €1,408 | €1,414 | +€6 | +0.4% |
| Total equity and liabilities | 10/49 | €89,439 | €109,229 | +€19,790 | +22.1% |
| Equity | 10/15 | €24,317 | €21,901 | -€2,416 | -9.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,317 | €19,901 | -€2,416 | -10.8% |
| Amounts payable | 17/49 | €65,121 | €87,328 | +€22,207 | +34.1% |
| Amounts payable after more than one year | 17 | €35,261 | €21,326 | -€13,935 | -39.5% |
| Financial debts | 170/4 | €35,261 | €21,326 | -€13,935 | -39.5% |
| Amounts payable within one year | 42/48 | €29,860 | €66,002 | +€36,142 | +121.0% |
| Current portion of amounts payable after more than one year | 42 | €13,714 | €13,935 | +€221 | +1.6% |
| Trade debts | 44 | €7,431 | €41,972 | +€34,541 | +464.8% |
| Suppliers | 440/4 | €7,431 | €41,972 | +€34,541 | +464.8% |
| Taxes, remuneration and social security | 45 | €8,715 | €10,095 | +€1,380 | +15.8% |
| Taxes | 450/3 | €8,715 | €10,095 | +€1,380 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,654 | €14,210 | -€7,444 | -34.4% |
| Other operating charges | 640/8 | €3,838 | €1,816 | -€2,022 | -52.7% |
| Gross operating margin | 9900 | €57,116 | €14,065 | -€43,051 | -75.4% |
| Operating profit (loss) | 9901 | €31,624 | -€1,961 | -€33,585 | |
| Financial income | 75/76B | €1,213 | €1,644 | +€431 | +35.6% |
| Recurring financial income | 75 | €1,213 | €1,644 | +€431 | +35.6% |
| Financial charges | 65/66B | €1,847 | €766 | -€1,081 | -58.5% |
| Recurring financial charges | 65 | €1,847 | €766 | -€1,081 | -58.5% |
| Profit (loss) for the period before taxes | 9903 | €30,990 | -€1,083 | -€32,073 | |
| Income taxes | 67/77 | €8,673 | €1,334 | -€7,339 | -84.6% |
| Profit (loss) for the period | 9904 | €22,317 | -€2,416 | -€24,734 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,317 | -€2,416 | -€24,734 |
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 7 October 2026 via checked.be.