OMWTD1: 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.
OMWTD1
Largest movements
- Tangible fixed assets +€64,159
up €64,159 (+287.0%), from €22,352 to €86,510
of which Other tangible fixed assets: +€41,778
- Cash +€4,984
up €4,984 (+947.1%), from €526 to €5,510
mainly Debts after one year (+€55,777) and Other debts (+€18,610)
- Financial fixed assets +€3,000
new in 2023: €3,000
- Receivables within one year -€2,889
no longer reported in 2023 (was €2,889)
- Intangible fixed assets +€1,802
new in 2023: €1,802
- Debts after one year +€55,777
new in 2023: €55,777
- Profit (loss) carried forward -€22,713
down €22,713 (-605.8%), from -€3,749 to -€26,462
- Other debts +€18,610
new in 2023: €18,610
- Current portion of long-term debt +€18,264
new in 2023: €18,264
- Accrued charges and deferred income -€1,626
down €1,626 (-32.4%), from €5,026 to €3,400
- Depreciation +€7,381
up €7,381 (+379.9%), from €1,943 to €9,324
- Financial charges +€7,303
up €7,303 (+1046.1%), from €698 to €8,001
- Gross operating margin -€4,618
down €4,618, from €2,757 to -€1,861
- Other operating charges -€286
down €286 (-7.7%), from €3,725 to €3,439
- Financial income +€31
up €31 (+103100.0%), from €0 to €31
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 | €30,832 | €100,498 | +€69,667 | +226.0% |
| Fixed assets | 21/28 | €22,352 | €91,313 | +€68,961 | +308.5% |
| Intangible fixed assets | 21 | - | €1,802 | +€1,802 | |
| Tangible fixed assets | 22/27 | €22,352 | €86,510 | +€64,159 | +287.0% |
| Furniture and vehicles | 24 | €22,352 | €44,733 | +€22,381 | +100.1% |
| Other tangible fixed assets | 26 | - | €41,778 | +€41,778 | |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €8,480 | €9,186 | +€706 | +8.3% |
| Amounts receivable within one year | 40/41 | €2,889 | - | -€2,889 | |
| Trade receivables | 40 | €2,889 | - | -€2,889 | |
| Cash at bank and in hand | 54/58 | €526 | €5,510 | +€4,984 | +947.1% |
| Deferred charges and accrued income | 490/1 | €5,065 | €3,676 | -€1,389 | -27.4% |
| Total equity and liabilities | 10/49 | €30,832 | €100,498 | +€69,667 | +226.0% |
| Equity | 10/15 | -€749 | -€23,462 | -€22,713 | -3031.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,749 | -€26,462 | -€22,713 | -605.8% |
| Amounts payable | 17/49 | €31,581 | €123,960 | +€92,379 | +292.5% |
| Amounts payable after more than one year | 17 | - | €55,777 | +€55,777 | |
| Financial debts | 170/4 | - | €55,777 | +€55,777 | |
| Amounts payable within one year | 42/48 | €26,554 | €64,783 | +€38,229 | +144.0% |
| Current portion of amounts payable after more than one year | 42 | - | €18,264 | +€18,264 | |
| Trade debts | 44 | €17,096 | €17,873 | +€777 | +4.5% |
| Suppliers | 440/4 | €17,096 | €17,873 | +€777 | +4.5% |
| Taxes, remuneration and social security | 45 | €9,459 | €10,037 | +€578 | +6.1% |
| Taxes | 450/3 | €9,459 | €10,037 | +€578 | +6.1% |
| Other amounts payable | 47/48 | - | €18,610 | +€18,610 | |
| Accrued charges and deferred income | 492/3 | €5,026 | €3,400 | -€1,626 | -32.4% |
| Remuneration, social security and pensions | 62 | €140 | €120 | -€20 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,943 | €9,324 | +€7,381 | +379.9% |
| Other operating charges | 640/8 | €3,725 | €3,439 | -€286 | -7.7% |
| Gross operating margin | 9900 | €2,757 | -€1,861 | -€4,618 | |
| Operating profit (loss) | 9901 | -€3,051 | -€14,743 | -€11,692 | -383.2% |
| Financial income | 75/76B | €0 | €31 | +€31 | +103100.0% |
| Recurring financial income | 75 | €0 | €31 | +€31 | +103100.0% |
| Financial charges | 65/66B | €698 | €8,001 | +€7,303 | +1046.1% |
| Recurring financial charges | 65 | €698 | €8,001 | +€7,303 | +1046.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,749 | -€22,713 | -€18,964 | -505.8% |
| Profit (loss) for the period | 9904 | -€3,749 | -€22,713 | -€18,964 | -505.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,749 | -€22,713 | -€18,964 | -505.8% |
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 9 October 2026 via checked.be.