OTHERWAYS: 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.
OTHERWAYS
Largest movements
- Cash -€789
down €789 (-96.8%), from €815 to €26
mainly Other debts (-€39,672) and Tax, wage and social debts (-€11,656)
- Receivables within one year +€163
up €163 (+1.8%), from €8,980 to €9,143
of which Other amounts receivable: +€323
- Debts after one year +€54,611
up €54,611 (+29.0%), from €188,594 to €243,205
- Other debts -€39,672
down €39,672 (-30.5%), from €130,025 to €90,353
- Tax, wage and social debts -€11,656
down €11,656 (-94.5%), from €12,333 to €677
of which Remuneration and social security: -€11,751
- Profit (loss) carried forward -€6,699
down €6,699 (-1.6%), from -€427,814 to -€434,512
- Trade debts +€3,788
up €3,788 (+38.9%), from €9,751 to €13,540
- Staff costs -€21,106
no longer reported in 2023 (was €21,106)
- Gross operating margin +€13,688
up €13,688 (+81.8%), from -€16,725 to -€3,037
- Depreciation -€303
no longer reported in 2023 (was €303)
- Other operating charges -€262
down €262 (-73.4%), from €357 to €95
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 | €12,194 | €11,569 | -€626 | -5.1% |
| Fixed assets | 21/28 | €2,400 | €2,400 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €9,794 | €9,169 | -€626 | -6.4% |
| Amounts receivable within one year | 40/41 | €8,980 | €9,143 | +€163 | +1.8% |
| Trade receivables | 40 | €8,598 | €8,438 | -€160 | -1.9% |
| Other amounts receivable | 41 | €382 | €705 | +€323 | +84.5% |
| Cash at bank and in hand | 54/58 | €815 | €26 | -€789 | -96.8% |
| Total equity and liabilities | 10/49 | €12,194 | €11,569 | -€626 | -5.1% |
| Equity | 10/15 | -€348,450 | -€355,148 | -€6,699 | -1.9% |
| Contributions | 10/11 | €39,663 | €39,663 | = | 0.0% |
| Reserves | 13 | €39,701 | €39,701 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,966 | €3,966 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,966 | €3,966 | = | 0.0% |
| Distributable reserves | 133 | €35,735 | €35,735 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€427,814 | -€434,512 | -€6,699 | -1.6% |
| Amounts payable | 17/49 | €360,644 | €366,717 | +€6,073 | +1.7% |
| Amounts payable after more than one year | 17 | €188,594 | €243,205 | +€54,611 | +29.0% |
| Financial debts | 170/4 | €188,594 | €243,205 | +€54,611 | +29.0% |
| Amounts payable within one year | 42/48 | €172,050 | €123,512 | -€48,538 | -28.2% |
| Financial debts | 43 | €19,940 | €18,943 | -€998 | -5.0% |
| Credit institutions | 430/8 | €19,940 | €18,943 | -€998 | -5.0% |
| Trade debts | 44 | €9,751 | €13,540 | +€3,788 | +38.9% |
| Suppliers | 440/4 | €9,751 | €13,540 | +€3,788 | +38.9% |
| Taxes, remuneration and social security | 45 | €12,333 | €677 | -€11,656 | -94.5% |
| Taxes | 450/3 | €582 | €677 | +€95 | +16.3% |
| Remuneration and social security | 454/9 | €11,751 | - | -€11,751 | |
| Other amounts payable | 47/48 | €130,025 | €90,353 | -€39,672 | -30.5% |
| Remuneration, social security and pensions | 62 | €21,106 | - | -€21,106 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €303 | - | -€303 | |
| Other operating charges | 640/8 | €357 | €95 | -€262 | -73.4% |
| Gross operating margin | 9900 | -€16,725 | -€3,037 | +€13,688 | +81.8% |
| Operating profit (loss) | 9901 | -€38,490 | -€3,132 | +€35,358 | +91.9% |
| Financial charges | 65/66B | €3,483 | €3,567 | +€84 | +2.4% |
| Recurring financial charges | 65 | €3,483 | €3,567 | +€84 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€41,973 | -€6,699 | +€35,274 | +84.0% |
| Profit (loss) for the period | 9904 | -€41,973 | -€6,699 | +€35,274 | +84.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,973 | -€6,699 | +€35,274 | +84.0% |
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 1 October 2026 via checked.be.