NO STRESS: 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.
NO STRESS
Largest movements
- Receivables within one year -€5,085
down €5,085 (-25.4%), from €20,030 to €14,945
of which Other amounts receivable: -€9,895
- Tangible fixed assets -€4,461
down €4,461 (-23.0%), from €19,376 to €14,915
of which Leasing and similar rights: -€3,838
- Deferred charges and accrued income +€3,046
up €3,046 (+300%), from €1,014 to €4,060
- Intangible fixed assets -€2,994
down €2,994 (-55.8%), from €5,363 to €2,369
- Cash -€1,078
no longer reported in 2023 (was €1,078)
mainly Net result for the year (-€15,609) and Debts after one year (-€11,935)
- Profit (loss) carried forward -€15,609
down €15,609 (-114%), from -€13,733 to -€29,342
- Debts after one year -€11,935
down €11,935 (-96.2%), from €12,410 to €475
- Trade debts +€5,558
up €5,558 (+146%), from €3,797 to €9,355
- Other debts +€5,000
up €5,000 (+93.2%), from €5,363 to €10,363
- Short-term financial debts +€4,621
new in 2023: €4,621
- Gross operating margin -€18,508
down €18,508, from €16,968 to -€1,540
- Staff costs +€4,109
up €4,109 (+295%), from €1,393 to €5,502
- Other operating charges -€338
down €338 (-71.9%), from €469 to €132
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 | €46,861 | €36,289 | -€10,572 | -22.6% |
| Fixed assets | 21/28 | €24,739 | €17,284 | -€7,455 | -30.1% |
| Intangible fixed assets | 21 | €5,363 | €2,369 | -€2,994 | -55.8% |
| Tangible fixed assets | 22/27 | €19,376 | €14,915 | -€4,461 | -23.0% |
| Plant, machinery and equipment | 23 | €3,704 | €3,081 | -€623 | -16.8% |
| Leasing and similar rights | 25 | €15,672 | €11,834 | -€3,838 | -24.5% |
| Current assets | 29/58 | €22,122 | €19,005 | -€3,117 | -14.1% |
| Amounts receivable within one year | 40/41 | €20,030 | €14,945 | -€5,085 | -25.4% |
| Trade receivables | 40 | €8,947 | €13,757 | +€4,810 | +53.8% |
| Other amounts receivable | 41 | €11,083 | €1,188 | -€9,895 | -89.3% |
| Cash at bank and in hand | 54/58 | €1,078 | - | -€1,078 | |
| Deferred charges and accrued income | 490/1 | €1,014 | €4,060 | +€3,046 | +300% |
| Total equity and liabilities | 10/49 | €46,861 | €36,289 | -€10,572 | -22.6% |
| Equity | 10/15 | €6,267 | -€9,342 | -€15,609 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,733 | -€29,342 | -€15,609 | -114% |
| Amounts payable | 17/49 | €40,594 | €45,631 | +€5,037 | +12.4% |
| Amounts payable after more than one year | 17 | €12,410 | €475 | -€11,935 | -96.2% |
| Financial debts | 170/4 | €12,410 | €475 | -€11,935 | -96.2% |
| Amounts payable within one year | 42/48 | €22,184 | €37,656 | +€15,472 | +69.7% |
| Current portion of amounts payable after more than one year | 42 | €11,642 | €11,935 | +€293 | +2.5% |
| Financial debts | 43 | - | €4,621 | +€4,621 | |
| Credit institutions | 430/8 | - | €4,621 | +€4,621 | |
| Trade debts | 44 | €3,797 | €9,355 | +€5,558 | +146% |
| Suppliers | 440/4 | €3,797 | €9,355 | +€5,558 | +146% |
| Advances received on contracts in progress | 46 | €1,007 | €1,007 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €376 | €376 | = | 0.0% |
| Remuneration and social security | 454/9 | €376 | €376 | = | 0.0% |
| Other amounts payable | 47/48 | €5,363 | €10,363 | +€5,000 | +93.2% |
| Accrued charges and deferred income | 492/3 | €6,000 | €7,500 | +€1,500 | +25.0% |
| Remuneration, social security and pensions | 62 | €1,393 | €5,502 | +€4,109 | +295% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,455 | €7,455 | = | 0.0% |
| Other operating charges | 640/8 | €469 | €132 | -€338 | -71.9% |
| Gross operating margin | 9900 | €16,968 | -€1,540 | -€18,508 | |
| Operating profit (loss) | 9901 | €7,651 | -€14,628 | -€22,279 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,002 | €985 | -€17 | -1.7% |
| Recurring financial charges | 65 | €1,002 | €985 | -€17 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €6,648 | -€15,609 | -€22,257 | |
| Profit (loss) for the period | 9904 | €6,648 | -€15,609 | -€22,257 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,648 | -€15,609 | -€22,257 |
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 29 October 2026 via checked.be.