RINGLET - STEENSELS: 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.
RINGLET - STEENSELS
Largest movements
- Current assets +€88,721
up €88,721 (+523%), from €16,951 to €105,671
of which Receivables within one year: +€89,134
- Tangible fixed assets -€30,621
down €30,621 (-98.0%), from €31,241 to €621
- Debts within one year +€105,271
up €105,271 (+155%), from €67,738 to €173,009
of which Other debts: +€169,255
- Debts after one year -€34,851
no longer reported in 2023 (was €34,851)
- Profit (loss) carried forward -€12,320
down €12,320 (-16.5%), from -€74,848 to -€87,168
- Gross operating margin +€33,045
up €33,045, from -€16,120 to €16,925
- Depreciation -€10,848
down €10,848 (-98.6%), from €11,003 to €155
- Financial income +€3,654
new in 2023: €3,654
of which Non-recurring financial income: +€3,654
- Financial charges +€687
new in 2023: €687
From the 2019 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,192 | €106,292 | +€58,100 | +121% |
| Fixed assets | 21/28 | €31,241 | €621 | -€30,621 | -98.0% |
| Tangible fixed assets | 22/27 | €31,241 | €621 | -€30,621 | -98.0% |
| Plant, machinery and equipment | 23 | - | €621 | +€621 | |
| Current assets | 29/58 | €16,951 | €105,671 | +€88,721 | +523% |
| Amounts receivable within one year | 40/41 | €16,519 | €105,653 | +€89,134 | +540% |
| Trade receivables | 40 | - | €102,703 | +€102,703 | |
| Other amounts receivable | 41 | - | €2,950 | +€2,950 | |
| Cash at bank and in hand | 54/58 | - | €18 | +€18 | |
| Total equity and liabilities | 10/49 | €48,192 | €106,292 | +€58,100 | +121% |
| Equity | 10/15 | -€54,397 | -€66,717 | -€12,320 | -22.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€74,848 | -€87,168 | -€12,320 | -16.5% |
| Amounts payable | 17/49 | €102,589 | €173,009 | +€70,420 | +68.6% |
| Amounts payable after more than one year | 17 | €34,851 | - | -€34,851 | |
| Amounts payable within one year | 42/48 | €67,738 | €173,009 | +€105,271 | +155% |
| Trade debts | 44 | €6,724 | €3,103 | -€3,622 | -53.9% |
| Suppliers | 440/4 | - | €3,103 | +€3,103 | |
| Taxes, remuneration and social security | 45 | - | €651 | +€651 | |
| Taxes | 450/3 | - | €651 | +€651 | |
| Other amounts payable | 47/48 | - | €169,255 | +€169,255 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,003 | €155 | -€10,848 | -98.6% |
| Gross operating margin | 9900 | -€16,120 | €16,925 | +€33,045 | |
| Operating profit (loss) | 9901 | -€54,131 | €16,770 | +€70,901 | |
| Financial income | 75/76B | - | €3,654 | +€3,654 | |
| Recurring financial income | 75 | €0 | €3,654 | +€3,654 | +18,271,850% |
| Non-recurring financial income | 76B | - | €3,654 | +€3,654 | |
| Financial charges | 65/66B | - | €687 | +€687 | |
| Recurring financial charges | 65 | €3,945 | €687 | -€3,258 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | -€58,076 | €19,737 | +€77,813 | |
| Income taxes | 67/77 | - | €74 | +€74 | |
| Profit (loss) for the period | 9904 | -€58,076 | €19,663 | +€77,739 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,076 | €19,663 | +€77,739 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.