Open Context: 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.
Open Context
Largest movements
- Receivables after one year -€57,238
down €57,238 (-65.2%), from €87,818 to €30,580
- Current investments -€49,625
down €49,625 (-33.0%), from €150,444 to €100,819
- Cash +€37,739
up €37,739 (+1,861%), from €2,028 to €39,767
mainly Receivables after one year (+€57,238) and Current investments (+€49,625)
- Profit (loss) carried forward -€83,711
down €83,711 (-38.2%), from €219,347 to €135,636
- Debts within one year +€14,258
up €14,258 (+61.6%), from €23,133 to €37,392
- Turnover -€63,229
down €63,229 (-15.5%), from €408,646 to €345,417
- Staff costs +€35,121
up €35,121 (+40.7%), from €86,201 to €121,322
- Gross operating margin -€32,765
down €32,765 (-41.8%), from €78,338 to €45,573
- Purchases and services -€30,464
down €30,464 (-9.2%), from €330,309 to €299,844
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 | €242,480 | €173,028 | -€69,452 | -28.6% |
| Fixed assets | 21/28 | €2,191 | €1,458 | -€733 | -33.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,191 | €1,458 | -€733 | -33.5% |
| Furniture and vehicles | 24 | €2,191 | €1,458 | -€733 | -33.5% |
| Current assets | 29/58 | €240,289 | €171,570 | -€68,719 | -28.6% |
| Amounts receivable after more than one year | 29 | €87,818 | €30,580 | -€57,238 | -65.2% |
| Trade receivables | 290 | €87,818 | €30,580 | -€57,238 | -65.2% |
| Amounts receivable within one year | 40/41 | - | €404 | +€404 | |
| Other amounts receivable | 41 | - | €404 | +€404 | |
| Current investments | 50/53 | €150,444 | €100,819 | -€49,625 | -33.0% |
| Cash at bank and in hand | 54/58 | €2,028 | €39,767 | +€37,739 | +1,861% |
| Total equity and liabilities | 10/49 | €242,480 | €173,028 | -€69,452 | -28.6% |
| Equity | 10/15 | €219,347 | €135,636 | -€83,711 | -38.2% |
| Profit (loss) carried forward | 14 | €219,347 | €135,636 | -€83,711 | -38.2% |
| Amounts payable | 17/49 | €23,133 | €37,392 | +€14,258 | +61.6% |
| Amounts payable within one year | 42/48 | €23,133 | €37,392 | +€14,258 | +61.6% |
| Trade debts | 44 | €6,439 | €6,780 | +€341 | +5.3% |
| Suppliers | 440/4 | €6,439 | €6,780 | +€341 | +5.3% |
| Turnover | 70 | €408,646 | €345,417 | -€63,229 | -15.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €330,309 | €299,844 | -€30,464 | -9.2% |
| Remuneration, social security and pensions | 62 | €86,201 | €121,322 | +€35,121 | +40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8 | €733 | +€725 | +9,028% |
| Other operating charges | 640/8 | €25 | €449 | +€424 | +1,696% |
| Gross operating margin | 9900 | €78,338 | €45,573 | -€32,765 | -41.8% |
| Operating profit (loss) | 9901 | -€7,896 | -€83,881 | -€75,985 | -962% |
| Financial income | 75/76B | €33 | €375 | +€342 | +1,041% |
| Recurring financial income | 75 | €33 | €375 | +€342 | +1,041% |
| Financial charges | 65/66B | €185 | €205 | +€20 | +10.8% |
| Recurring financial charges | 65 | €185 | €205 | +€20 | +10.8% |
| Non-recurring financial charges | 66B | €185 | €205 | +€20 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,048 | -€83,711 | -€75,663 | -940% |
| Profit (loss) for the period | 9904 | -€8,048 | -€83,711 | -€75,663 | -940% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,048 | -€83,711 | -€75,663 | -940% |
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 17 October 2026 via checked.be.