Moors Varkenshouderij: what changed
Moors Varkenshouderij
Largest movements
- Tangible fixed assets -€403,920
down €403,920 (-61.9%), from €652,226 to €248,306
of which Land and buildings: -€402,735
- Stocks and contracts -€316,440
down €316,440 (-36.9%), from €858,600 to €542,160
- Receivables within one year -€204,260
down €204,260 (-56.2%), from €363,405 to €159,145
of which Trade receivables: -€196,967
- Trade debts -€1.2m
down €1.2m (-80.1%), from €1.5m to €303,525
- Profit (loss) carried forward +€383,344
up €383,344 (+71.7%), from -€534,591 to -€151,247
- Debts after one year -€37,529
down €37,529 (-6.9%), from €541,929 to €504,399
- Current portion of long-term debt -€30,087
down €30,087 (-11.0%), from €272,844 to €242,757
- Turnover +€828,380
up €828,380 (+34.6%), from €2.4m to €3.2m
- Purchases and services +€595,285
up €595,285 (+22.9%), from €2.6m to €3.2m
- Gross operating margin +€233,095
up €233,095, from -€201,287 to €31,808
- Financial income +€106,914
up €106,914 (+35.6%), from €300,000 to €406,914
of which Financial income: +€106,914
- Depreciation -€46,099
down €46,099 (-48.6%), from €94,824 to €48,725
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,884,369 | €975,661 | -€908,708 | -48.2% |
| Fixed assets | 21/28 | €652,400 | €248,480 | -€403,920 | -61.9% |
| Tangible fixed assets | 22/27 | €652,226 | €248,306 | -€403,920 | -61.9% |
| Land and buildings | 22 | €649,019 | €246,285 | -€402,735 | -62.1% |
| Plant, machinery and equipment | 23 | €3,207 | €2,022 | -€1,186 | -37.0% |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €1,231,969 | €727,181 | -€504,787 | -41.0% |
| Stocks and contracts in progress | 3 | €858,600 | €542,160 | -€316,440 | -36.9% |
| Stocks | 30/36 | €858,600 | €542,160 | -€316,440 | -36.9% |
| Amounts receivable within one year | 40/41 | €363,405 | €159,145 | -€204,260 | -56.2% |
| Trade receivables | 40 | €264,768 | €67,801 | -€196,967 | -74.4% |
| Other amounts receivable | 41 | €98,638 | €91,344 | -€7,293 | -7.4% |
| Cash at bank and in hand | 54/58 | €9,798 | €25,876 | +€16,079 | +164% |
| Deferred charges and accrued income | 490/1 | €165 | - | -€165 | |
| Total equity and liabilities | 10/49 | €1,884,369 | €975,661 | -€908,708 | -48.2% |
| Equity | 10/15 | -€458,364 | -€75,020 | +€383,344 | +83.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €14,254 | €14,254 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,254 | €14,254 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,254 | €14,254 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€534,591 | -€151,247 | +€383,344 | +71.7% |
| Amounts payable | 17/49 | €2,342,733 | €1,050,681 | -€1.3m | -55.2% |
| Amounts payable after more than one year | 17 | €541,929 | €504,399 | -€37,529 | -6.9% |
| Financial debts | 170/4 | €541,929 | €504,399 | -€37,529 | -6.9% |
| Amounts payable within one year | 42/48 | €1,800,285 | €546,281 | -€1.3m | -69.7% |
| Current portion of amounts payable after more than one year | 42 | €272,844 | €242,757 | -€30,087 | -11.0% |
| Trade debts | 44 | €1,527,441 | €303,525 | -€1.2m | -80.1% |
| Suppliers | 440/4 | €1,527,441 | €303,525 | -€1.2m | -80.1% |
| Accrued charges and deferred income | 492/3 | €519 | - | -€519 | |
| Turnover | 70 | €2,397,232 | €3,225,611 | +€828,380 | +34.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,598,518 | €3,193,803 | +€595,285 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,824 | €48,725 | -€46,099 | -48.6% |
| Other operating charges | 640/8 | €8,694 | €208 | -€8,486 | -97.6% |
| Gross operating margin | 9900 | -€201,287 | €31,808 | +€233,095 | |
| Operating profit (loss) | 9901 | -€304,805 | -€17,126 | +€287,679 | +94.4% |
| Financial income | 75/76B | €300,000 | €406,914 | +€106,914 | +35.6% |
| Recurring financial income | 75 | €300,000 | €406,914 | +€106,914 | +35.6% |
| Non-recurring financial income | 76B | €300,000 | €406,914 | +€106,914 | +35.6% |
| Financial charges | 65/66B | €12,425 | €5,513 | -€6,912 | -55.6% |
| Recurring financial charges | 65 | €12,425 | €5,513 | -€6,912 | -55.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,230 | €384,275 | +€401,505 | |
| Income taxes | 67/77 | €11,282 | €1,285 | -€9,997 | -88.6% |
| Profit (loss) for the period | 9904 | -€28,511 | €382,991 | +€411,502 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,511 | €382,991 | +€411,502 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.