Millesime 2013: 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.
Millesime 2013
Largest movements
- Receivables within one year +€351,176
up €351,176 (+2,921%), from €12,024 to €363,200
of which Trade receivables: +€352,254
- Cash -€13,348
down €13,348 (-39.1%), from €34,177 to €20,829
- Receivables after one year +€7,331
up €7,331 (+5.9%), from €125,000 to €132,331
of which Trade receivables: +€132,331
- Tangible fixed assets -€6,819
down €6,819 (-100%), from €6,819 to €0
of which Plant, machinery and equipment: -€4,190
- Advances received +€240,998
new in 2025: €240,998
- Trade debts +€79,410
up €79,410 (+639%), from €12,425 to €91,836
- Profit (loss) carried forward +€25,543
up €25,543 (+231%), from €11,062 to €36,605
- Tax, wage and social debts -€23,940
down €23,940 (-53.3%), from €44,890 to €20,950
of which Taxes: -€12,126
- Reserves +€20,000
up €20,000 (+25.0%), from €80,000 to €100,000
- Turnover +€336,769
new in 2025: €336,769
- Purchases and services +€296,843
new in 2025: €296,843
- Gross operating margin -€41,227
down €41,227 (-50.8%), from €81,153 to €39,926
- Staff costs -€23,324
down €23,324 (-88.2%), from €26,439 to €3,115
- Financial charges -€4,345
down €4,345 (-95.4%), from €4,557 to €212
From the 2023 result to the 2025 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
A cash bridge needs two consecutive financial 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 | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €181,440 | €520,280 | +€338,840 | +187% |
| Fixed assets | 21/28 | €7,239 | €420 | -€6,819 | -94.2% |
| Tangible fixed assets | 22/27 | €6,819 | €0 | -€6,819 | -100% |
| Plant, machinery and equipment | 23 | €4,190 | - | -€4,190 | |
| Other tangible fixed assets | 26 | €2,629 | - | -€2,629 | |
| Financial fixed assets | 28 | €420 | €420 | = | 0.0% |
| Current assets | 29/58 | €174,201 | €519,860 | +€345,660 | +198% |
| Amounts receivable after more than one year | 29 | €125,000 | €132,331 | +€7,331 | +5.9% |
| Trade receivables | 290 | - | €132,331 | +€132,331 | |
| Other amounts receivable | 291 | €125,000 | - | -€125,000 | |
| Stocks and contracts in progress | 3 | €3,000 | €3,500 | +€500 | +16.7% |
| Stocks | 30/36 | €3,000 | €3,500 | +€500 | +16.7% |
| Amounts receivable within one year | 40/41 | €12,024 | €363,200 | +€351,176 | +2,921% |
| Trade receivables | 40 | €7,695 | €359,949 | +€352,254 | +4,578% |
| Other amounts receivable | 41 | €4,329 | €3,252 | -€1,077 | -24.9% |
| Cash at bank and in hand | 54/58 | €34,177 | €20,829 | -€13,348 | -39.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €181,440 | €520,280 | +€338,840 | +187% |
| Equity | 10/15 | €109,662 | €155,205 | +€45,543 | +41.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €80,000 | €100,000 | +€20,000 | +25.0% |
| Distributable reserves | 133 | €80,000 | €100,000 | +€20,000 | +25.0% |
| Profit (loss) carried forward | 14 | €11,062 | €36,605 | +€25,543 | +231% |
| Amounts payable | 17/49 | €71,778 | €365,075 | +€293,297 | +409% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €63,578 | €355,660 | +€292,082 | +459% |
| Trade debts | 44 | €12,425 | €91,836 | +€79,410 | +639% |
| Suppliers | 440/4 | €12,425 | €91,836 | +€79,410 | +639% |
| Advances received on contracts in progress | 46 | - | €240,998 | +€240,998 | |
| Taxes, remuneration and social security | 45 | €44,890 | €20,950 | -€23,940 | -53.3% |
| Taxes | 450/3 | €33,076 | €20,950 | -€12,126 | -36.7% |
| Remuneration and social security | 454/9 | €11,814 | - | -€11,814 | |
| Other amounts payable | 47/48 | €6,263 | €1,876 | -€4,387 | -70.0% |
| Accrued charges and deferred income | 492/3 | €8,200 | €9,415 | +€1,215 | +14.8% |
| Turnover | 70 | - | €336,769 | +€336,769 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €296,843 | +€296,843 | |
| Remuneration, social security and pensions | 62 | €26,439 | €3,115 | -€23,324 | -88.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,427 | €1,393 | -€4,034 | -74.3% |
| Other operating charges | 640/8 | €6,630 | €4,391 | -€2,239 | -33.8% |
| Gross operating margin | 9900 | €81,153 | €39,926 | -€41,227 | -50.8% |
| Operating profit (loss) | 9901 | €42,658 | €31,027 | -€11,630 | -27.3% |
| Financial charges | 65/66B | €4,557 | €212 | -€4,345 | -95.4% |
| Recurring financial charges | 65 | €4,557 | €212 | -€4,345 | -95.4% |
| Profit (loss) for the period before taxes | 9903 | €38,101 | €30,816 | -€7,285 | -19.1% |
| Income taxes | 67/77 | €10,278 | €7,704 | -€2,575 | -25.0% |
| Profit (loss) for the period | 9904 | €27,822 | €23,112 | -€4,711 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,822 | €23,112 | -€4,711 | -16.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.