N&J Solutions: 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.
N&J Solutions
Largest movements
- Receivables within one year -€95,685
down €95,685 (-30.0%), from €319,194 to €223,509
of which Trade receivables: -€88,578
- Cash -€14,327
down €14,327 (-87.8%), from €16,322 to €1,995
mainly Trade debts (-€69,357) and Advances received (-€26,992)
- Tangible fixed assets -€12,161
down €12,161 (-16.4%), from €74,312 to €62,151
- Trade debts -€69,357
down €69,357 (-71.3%), from €97,272 to €27,915
- Advances received -€26,992
no longer reported in 2023 (was €26,992)
- Profit (loss) carried forward -€22,499
down €22,499, from €3,019 to -€19,480
- Gross operating margin -€88,928
down €88,928 (-94.2%), from €94,408 to €5,481
- Taxes -€17,447
down €17,447 (-97.6%), from €17,882 to €435
- Other operating charges -€7,708
down €7,708 (-76.7%), from €10,049 to €2,341
- Staff costs -€2,328
down €2,328 (-20.9%), from €11,112 to €8,784
- Depreciation -€1,358
down €1,358 (-9.8%), from €13,911 to €12,552
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 | €410,014 | €287,655 | -€122,359 | -29.8% |
| Fixed assets | 21/28 | €74,312 | €62,151 | -€12,161 | -16.4% |
| Tangible fixed assets | 22/27 | €74,312 | €62,151 | -€12,161 | -16.4% |
| Plant, machinery and equipment | 23 | €74,312 | €62,151 | -€12,161 | -16.4% |
| Current assets | 29/58 | €335,702 | €225,504 | -€110,198 | -32.8% |
| Amounts receivable within one year | 40/41 | €319,194 | €223,509 | -€95,685 | -30.0% |
| Trade receivables | 40 | €126,612 | €38,034 | -€88,578 | -70.0% |
| Other amounts receivable | 41 | €192,582 | €185,476 | -€7,106 | -3.7% |
| Cash at bank and in hand | 54/58 | €16,322 | €1,995 | -€14,327 | -87.8% |
| Deferred charges and accrued income | 490/1 | €186 | - | -€186 | |
| Total equity and liabilities | 10/49 | €410,014 | €287,655 | -€122,359 | -29.8% |
| Equity | 10/15 | €264,019 | €241,520 | -€22,499 | -8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €242,400 | €242,400 | = | 0.0% |
| Distributable reserves | 133 | €242,400 | €242,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,019 | -€19,480 | -€22,499 | |
| Amounts payable | 17/49 | €145,995 | €46,135 | -€99,860 | -68.4% |
| Amounts payable within one year | 42/48 | €145,995 | €46,135 | -€99,860 | -68.4% |
| Trade debts | 44 | €97,272 | €27,915 | -€69,357 | -71.3% |
| Suppliers | 440/4 | €97,272 | €27,915 | -€69,357 | -71.3% |
| Advances received on contracts in progress | 46 | €26,992 | - | -€26,992 | |
| Taxes, remuneration and social security | 45 | €21,732 | €18,220 | -€3,512 | -16.2% |
| Taxes | 450/3 | €21,645 | €18,220 | -€3,424 | -15.8% |
| Remuneration and social security | 454/9 | €87 | - | -€87 | |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Remuneration, social security and pensions | 62 | €11,112 | €8,784 | -€2,328 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,911 | €12,552 | -€1,358 | -9.8% |
| Other operating charges | 640/8 | €10,049 | €2,341 | -€7,708 | -76.7% |
| Non-recurring operating charges | 66A | €663 | €957 | +€294 | +44.4% |
| Gross operating margin | 9900 | €94,408 | €5,481 | -€88,928 | -94.2% |
| Operating profit (loss) | 9901 | €58,674 | -€19,154 | -€77,828 | |
| Financial income | 75/76B | €50 | €5 | -€45 | -90.9% |
| Recurring financial income | 75 | €50 | €5 | -€45 | -90.9% |
| Financial charges | 65/66B | €2,700 | €2,914 | +€214 | +7.9% |
| Recurring financial charges | 65 | €2,700 | €2,914 | +€214 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €56,023 | -€22,064 | -€78,087 | |
| Income taxes | 67/77 | €17,882 | €435 | -€17,447 | -97.6% |
| Profit (loss) for the period | 9904 | €38,141 | -€22,499 | -€60,640 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,141 | -€22,499 | -€60,640 |
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 20 October 2026 via checked.be.