PARADIS WORK: 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.
PARADIS WORK
Largest movements
- Receivables within one year -€9,979
down €9,979 (-99.4%), from €10,039 to €60
of which Trade receivables: -€9,917
- Cash -€2,066
down €2,066 (-87.2%), from €2,368 to €302
mainly Trade debts (-€11,387) and Current portion of long-term debt (-€4,600)
- Stocks and contracts +€803
new in 2023: €803
- Intangible fixed assets -€580
down €580 (-11.1%), from €5,220 to €4,640
- Trade debts -€11,387
down €11,387 (-93.7%), from €12,156 to €768
- Other debts +€5,057
up €5,057 (+202.4%), from €2,499 to €7,557
- Current portion of long-term debt -€4,600
down €4,600 (-92.0%), from €5,000 to €400
- Debts after one year -€833
no longer reported in 2023 (was €833)
- Profit (loss) carried forward -€733
down €733 (-7.5%), from -€9,801 to -€10,534
- Gross operating margin -€4,086
down €4,086 (-82.6%), from €4,949 to €863
- Financial charges -€597
down €597 (-71.8%), from €832 to €235
of which Financial charges: -€446
- Depreciation +€580
new in 2023: €580
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 | €20,355 | €8,533 | -€11,822 | -58.1% |
| Fixed assets | 21/28 | €7,948 | €7,368 | -€580 | -7.3% |
| Intangible fixed assets | 21 | €5,220 | €4,640 | -€580 | -11.1% |
| Financial fixed assets | 28 | €2,728 | €2,728 | = | 0.0% |
| Current assets | 29/58 | €12,407 | €1,165 | -€11,242 | -90.6% |
| Stocks and contracts in progress | 3 | - | €803 | +€803 | |
| Stocks | 30/36 | - | €803 | +€803 | |
| Amounts receivable within one year | 40/41 | €10,039 | €60 | -€9,979 | -99.4% |
| Trade receivables | 40 | €9,977 | €60 | -€9,917 | -99.4% |
| Other amounts receivable | 41 | €62 | - | -€62 | |
| Cash at bank and in hand | 54/58 | €2,368 | €302 | -€2,066 | -87.2% |
| Total equity and liabilities | 10/49 | €20,355 | €8,533 | -€11,822 | -58.1% |
| Equity | 10/15 | -€1,501 | -€2,234 | -€733 | -48.8% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,801 | -€10,534 | -€733 | -7.5% |
| Amounts payable | 17/49 | €21,857 | €10,768 | -€11,089 | -50.7% |
| Amounts payable after more than one year | 17 | €833 | - | -€833 | |
| Financial debts | 170/4 | €833 | - | -€833 | |
| Amounts payable within one year | 42/48 | €19,655 | €9,399 | -€10,256 | -52.2% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €400 | -€4,600 | -92.0% |
| Trade debts | 44 | €12,156 | €768 | -€11,387 | -93.7% |
| Suppliers | 440/4 | €12,156 | €768 | -€11,387 | -93.7% |
| Taxes, remuneration and social security | 45 | - | €674 | +€674 | |
| Taxes | 450/3 | - | €674 | +€674 | |
| Other amounts payable | 47/48 | €2,499 | €7,557 | +€5,057 | +202.4% |
| Accrued charges and deferred income | 492/3 | €1,369 | €1,369 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €580 | +€580 | |
| Other operating charges | 640/8 | €399 | €436 | +€37 | +9.3% |
| Non-recurring operating charges | 66A | - | €346 | +€346 | |
| Gross operating margin | 9900 | €4,949 | €863 | -€4,086 | -82.6% |
| Operating profit (loss) | 9901 | €4,550 | -€498 | -€5,048 | |
| Financial income | 75/76B | €0 | €1 | +€0 | +51.5% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +51.5% |
| Financial charges | 65/66B | €832 | €235 | -€597 | -71.8% |
| Recurring financial charges | 65 | €681 | €235 | -€446 | -65.5% |
| Non-recurring financial charges | 66B | €151 | - | -€151 | |
| Profit (loss) for the period before taxes | 9903 | €3,718 | -€733 | -€4,451 | |
| Profit (loss) for the period | 9904 | €3,718 | -€733 | -€4,451 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,718 | -€733 | -€4,451 |
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.