R2 STUDIO: 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.
R2 STUDIO
Largest movements
- Cash -€3,276
down €3,276 (-64.3%), from €5,093 to €1,818
mainly Net result for the year (-€22,733) and Tax, wage and social debts (-€7,968)
- Tangible fixed assets -€1,192
down €1,192 (-19.2%), from €6,192 to €5,000
- Other debts +€31,318
up €31,318 (+1,925%), from €1,627 to €32,945
- Profit (loss) carried forward -€22,733
down €22,733 (-48.4%), from -€46,932 to -€69,665
- Tax, wage and social debts -€7,968
down €7,968 (-23.3%), from €34,181 to €26,213
of which Remuneration and social security: -€12,760
- Trade debts -€5,129
down €5,129 (-33.3%), from €15,413 to €10,284
- Gross operating margin +€10,081
up €10,081 (+84.2%), from -€11,977 to -€1,896
- Taxes +€9,397
up €9,397 (+793%), from €1,186 to €10,583
- Staff costs +€8,114
new in 2023: €8,114
- Other operating charges -€5,718
down €5,718 (-93.7%), from €6,103 to €384
- Financial charges -€419
down €419 (-42.6%), from €983 to €564
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 | €11,329 | €6,818 | -€4,512 | -39.8% |
| Fixed assets | 21/28 | €6,192 | €5,000 | -€1,192 | -19.2% |
| Tangible fixed assets | 22/27 | €6,192 | €5,000 | -€1,192 | -19.2% |
| Furniture and vehicles | 24 | €6,192 | €5,000 | -€1,192 | -19.2% |
| Current assets | 29/58 | €5,138 | €1,818 | -€3,320 | -64.6% |
| Cash at bank and in hand | 54/58 | €5,093 | €1,818 | -€3,276 | -64.3% |
| Deferred charges and accrued income | 490/1 | €44 | - | -€44 | |
| Total equity and liabilities | 10/49 | €11,329 | €6,818 | -€4,512 | -39.8% |
| Equity | 10/15 | -€40,541 | -€63,274 | -€22,733 | -56.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €191 | €191 | = | 0.0% |
| Non-distributable reserves | 130/1 | €191 | €191 | = | 0.0% |
| Reserves not available under the articles | 1311 | €191 | €191 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,932 | -€69,665 | -€22,733 | -48.4% |
| Amounts payable | 17/49 | €51,870 | €70,092 | +€18,221 | +35.1% |
| Amounts payable within one year | 42/48 | €51,220 | €69,442 | +€18,221 | +35.6% |
| Trade debts | 44 | €15,413 | €10,284 | -€5,129 | -33.3% |
| Suppliers | 440/4 | €15,413 | €10,284 | -€5,129 | -33.3% |
| Taxes, remuneration and social security | 45 | €34,181 | €26,213 | -€7,968 | -23.3% |
| Taxes | 450/3 | €19,300 | €24,092 | +€4,792 | +24.8% |
| Remuneration and social security | 454/9 | €14,881 | €2,120 | -€12,760 | -85.8% |
| Other amounts payable | 47/48 | €1,627 | €32,945 | +€31,318 | +1,925% |
| Accrued charges and deferred income | 492/3 | €650 | €650 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €8,114 | +€8,114 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,192 | €1,192 | +€0 | 0.0% |
| Other operating charges | 640/8 | €6,103 | €384 | -€5,718 | -93.7% |
| Gross operating margin | 9900 | -€11,977 | -€1,896 | +€10,081 | +84.2% |
| Operating profit (loss) | 9901 | -€19,271 | -€11,586 | +€7,685 | +39.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €983 | €564 | -€419 | -42.6% |
| Recurring financial charges | 65 | €983 | €564 | -€419 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,253 | -€12,150 | +€8,103 | +40.0% |
| Income taxes | 67/77 | €1,186 | €10,583 | +€9,397 | +793% |
| Profit (loss) for the period | 9904 | -€21,439 | -€22,733 | -€1,294 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,439 | -€22,733 | -€1,294 | -6.0% |
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.