OCAD: 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.
OCAD
Largest movements
- Cash -€11,828
down €11,828 (-68.4%), from €17,296 to €5,468
mainly Net result for the year (-€13,512) and Receivables within one year (-€3,246)
- Tangible fixed assets -€5,227
down €5,227 (-100.0%), from €5,227 to €0
- Receivables within one year +€3,246
up €3,246 (+1379.1%), from €235 to €3,482
of which Trade receivables: +€2,841
- Stocks and contracts -€2,175
no longer reported in 2023 (was €2,175)
- Profit (loss) carried forward -€13,512
down €13,512 (-293.3%), from -€4,608 to -€18,120
- Tax, wage and social debts -€2,933
down €2,933 (-33.0%), from €8,891 to €5,958
- Trade debts +€547
up €547 (+272.8%), from €201 to €748
- Gross operating margin -€10,129
down €10,129, from €1,882 to -€8,248
- Depreciation -€4,990
down €4,990 (-95.0%), from €5,252 to €262
- Other operating charges +€645
up €645 (+63.4%), from €1,017 to €1,663
- Financial charges +€237
up €237 (+236.8%), from €100 to €337
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 | €24,934 | €8,950 | -€15,984 | -64.1% |
| Fixed assets | 21/28 | €5,227 | €0 | -€5,227 | -100.0% |
| Tangible fixed assets | 22/27 | €5,227 | €0 | -€5,227 | -100.0% |
| Furniture and vehicles | 24 | €5,227 | €0 | -€5,227 | -100.0% |
| Current assets | 29/58 | €19,707 | €8,950 | -€10,757 | -54.6% |
| Stocks and contracts in progress | 3 | €2,175 | - | -€2,175 | |
| Stocks | 30/36 | €2,175 | - | -€2,175 | |
| Amounts receivable within one year | 40/41 | €235 | €3,482 | +€3,246 | +1379.1% |
| Trade receivables | 40 | €30 | €2,871 | +€2,841 | +9576.5% |
| Other amounts receivable | 41 | €206 | €611 | +€405 | +196.9% |
| Cash at bank and in hand | 54/58 | €17,296 | €5,468 | -€11,828 | -68.4% |
| Total equity and liabilities | 10/49 | €24,934 | €8,950 | -€15,984 | -64.1% |
| Equity | 10/15 | €15,756 | €2,244 | -€13,512 | -85.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €14,364 | €14,364 | = | 0.0% |
| Distributable reserves | 133 | €14,364 | €14,364 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,608 | -€18,120 | -€13,512 | -293.3% |
| Amounts payable | 17/49 | €9,177 | €6,706 | -€2,472 | -26.9% |
| Amounts payable within one year | 42/48 | €9,177 | €6,706 | -€2,472 | -26.9% |
| Trade debts | 44 | €201 | €748 | +€547 | +272.8% |
| Suppliers | 440/4 | €201 | €748 | +€547 | +272.8% |
| Taxes, remuneration and social security | 45 | €8,891 | €5,958 | -€2,933 | -33.0% |
| Taxes | 450/3 | €8,891 | €5,958 | -€2,933 | -33.0% |
| Other amounts payable | 47/48 | €86 | - | -€86 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,252 | €262 | -€4,990 | -95.0% |
| Other operating charges | 640/8 | €1,017 | €1,663 | +€645 | +63.4% |
| Non-recurring operating charges | 66A | - | €2,899 | +€2,899 | |
| Gross operating margin | 9900 | €1,882 | -€8,248 | -€10,129 | |
| Operating profit (loss) | 9901 | -€4,388 | -€13,072 | -€8,684 | -197.9% |
| Financial charges | 65/66B | €100 | €337 | +€237 | +236.8% |
| Recurring financial charges | 65 | €100 | €337 | +€237 | +236.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,488 | -€13,408 | -€8,920 | -198.8% |
| Income taxes | 67/77 | €120 | €104 | -€15 | -12.9% |
| Profit (loss) for the period | 9904 | -€4,608 | -€13,512 | -€8,905 | -193.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,608 | -€13,512 | -€8,905 | -193.3% |
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 3 October 2026 via checked.be.