NETWORK MODEL - AGENCY: 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.
NETWORK MODEL - AGENCY
Largest movements
- Cash -€6,692
down €6,692 (-67.5%), from €9,914 to €3,222
mainly Net result for the year (-€14,679) and Trade debts (-€5,070)
- Receivables within one year -€1,929
down €1,929 (-16.8%), from €11,498 to €9,569
of which Other amounts receivable: -€1,525
- Deferred charges and accrued income -€1,393
no longer reported in 2023 (was €1,393)
- Tangible fixed assets -€1,208
down €1,208 (-13.2%), from €9,152 to €7,944
of which Furniture and vehicles: -€1,000
- Profit (loss) carried forward -€14,679
down €14,679 (-44.7%), from -€32,871 to -€47,550
- Other debts +€5,970
up €5,970 (+30.4%), from €19,631 to €25,601
- Trade debts -€5,070
down €5,070 (-20.6%), from €24,664 to €19,594
- Tax, wage and social debts +€2,557
up €2,557 (+131.7%), from €1,941 to €4,498
of which Remuneration and social security: +€2,371
- Staff costs +€14,583
up €14,583 (+83.3%), from €17,516 to €32,099
- Gross operating margin +€14,531
up €14,531 (+158.1%), from €9,190 to €23,721
- Depreciation +€3,363
up €3,363 (+263.9%), from €1,274 to €4,638
- Other operating charges +€781
up €781 (+101.1%), from €772 to €1,554
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 | €31,957 | €20,735 | -€11,222 | -35.1% |
| Fixed assets | 21/28 | €9,152 | €7,944 | -€1,208 | -13.2% |
| Tangible fixed assets | 22/27 | €9,152 | €7,944 | -€1,208 | -13.2% |
| Plant, machinery and equipment | 23 | €8,152 | €7,944 | -€208 | -2.5% |
| Furniture and vehicles | 24 | €1,000 | - | -€1,000 | |
| Current assets | 29/58 | €22,805 | €12,791 | -€10,014 | -43.9% |
| Amounts receivable within one year | 40/41 | €11,498 | €9,569 | -€1,929 | -16.8% |
| Trade receivables | 40 | €9,973 | €9,569 | -€405 | -4.1% |
| Other amounts receivable | 41 | €1,525 | - | -€1,525 | |
| Cash at bank and in hand | 54/58 | €9,914 | €3,222 | -€6,692 | -67.5% |
| Deferred charges and accrued income | 490/1 | €1,393 | - | -€1,393 | |
| Total equity and liabilities | 10/49 | €31,957 | €20,735 | -€11,222 | -35.1% |
| Equity | 10/15 | -€14,279 | -€28,958 | -€14,679 | -102.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,871 | -€47,550 | -€14,679 | -44.7% |
| Amounts payable | 17/49 | €46,236 | €49,693 | +€3,457 | +7.5% |
| Amounts payable within one year | 42/48 | €46,236 | €49,693 | +€3,457 | +7.5% |
| Trade debts | 44 | €24,664 | €19,594 | -€5,070 | -20.6% |
| Suppliers | 440/4 | €24,664 | €19,594 | -€5,070 | -20.6% |
| Taxes, remuneration and social security | 45 | €1,941 | €4,498 | +€2,557 | +131.7% |
| Taxes | 450/3 | - | €185 | +€185 | |
| Remuneration and social security | 454/9 | €1,941 | €4,313 | +€2,371 | +122.2% |
| Other amounts payable | 47/48 | €19,631 | €25,601 | +€5,970 | +30.4% |
| Remuneration, social security and pensions | 62 | €17,516 | €32,099 | +€14,583 | +83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,274 | €4,638 | +€3,363 | +263.9% |
| Other operating charges | 640/8 | €772 | €1,554 | +€781 | +101.1% |
| Gross operating margin | 9900 | €9,190 | €23,721 | +€14,531 | +158.1% |
| Operating profit (loss) | 9901 | -€10,373 | -€14,570 | -€4,197 | -40.5% |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.2% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.2% |
| Financial charges | 65/66B | €153 | €109 | -€44 | -28.7% |
| Recurring financial charges | 65 | €153 | €109 | -€44 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,516 | -€14,679 | -€4,163 | -39.6% |
| Profit (loss) for the period | 9904 | -€10,516 | -€14,679 | -€4,163 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,516 | -€14,679 | -€4,163 | -39.6% |
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 28 September 2026 via checked.be.