SAY GREEN: 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.
SAY GREEN
Largest movements
- Cash +€5,474
up €5,474 (+2,248%), from €243 to €5,717
mainly Net result for the year (+€6,763) and Tax, wage and social debts (+€2,916)
- Receivables within one year +€4,471
up €4,471 (+64.9%), from €6,884 to €11,354
- Deferred charges and accrued income -€301
down €301 (-100%), from €301 to €0
- Profit (loss) carried forward +€6,763
up €6,763 (+281%), from €2,406 to €9,170
- Tax, wage and social debts +€2,916
up €2,916 (+280%), from €1,041 to €3,957
- Trade debts -€361
down €361 (-14.6%), from €2,467 to €2,106
- Advances received +€325
up €325 (+19.9%), from €1,630 to €1,954
- Gross operating margin +€6,921
up €6,921 (+176%), from €3,929 to €10,851
- Taxes +€2,274
up €2,274 (+225%), from €1,011 to €3,285
- Other operating charges +€1,019
up €1,019 (+1,520%), from €67 to €1,086
- Financial income +€483
up €483 (+24,035%), from €2 to €485
- Depreciation -€336
down €336 (-100%), from €336 to €0
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 | €8,045 | €17,688 | +€9,643 | +120% |
| Fixed assets | 21/28 | €616 | €616 | = | 0.0% |
| Tangible fixed assets | 22/27 | €616 | €616 | = | 0.0% |
| Furniture and vehicles | 24 | €616 | €616 | = | 0.0% |
| Current assets | 29/58 | €7,428 | €17,071 | +€9,643 | +130% |
| Amounts receivable within one year | 40/41 | €6,884 | €11,354 | +€4,471 | +64.9% |
| Other amounts receivable | 41 | €6,884 | €11,354 | +€4,471 | +64.9% |
| Cash at bank and in hand | 54/58 | €243 | €5,717 | +€5,474 | +2,248% |
| Deferred charges and accrued income | 490/1 | €301 | €0 | -€301 | -100% |
| Total equity and liabilities | 10/49 | €8,045 | €17,688 | +€9,643 | +120% |
| Equity | 10/15 | €2,906 | €9,670 | +€6,763 | +233% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,406 | €9,170 | +€6,763 | +281% |
| Amounts payable | 17/49 | €5,138 | €8,018 | +€2,880 | +56.0% |
| Amounts payable within one year | 42/48 | €5,138 | €8,018 | +€2,880 | +56.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,467 | €2,106 | -€361 | -14.6% |
| Suppliers | 440/4 | €2,467 | €2,106 | -€361 | -14.6% |
| Advances received on contracts in progress | 46 | €1,630 | €1,954 | +€325 | +19.9% |
| Taxes, remuneration and social security | 45 | €1,041 | €3,957 | +€2,916 | +280% |
| Taxes | 450/3 | €1,041 | €3,957 | +€2,916 | +280% |
| Remuneration, social security and pensions | 62 | - | €40 | +€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €0 | -€336 | -100% |
| Other operating charges | 640/8 | €67 | €1,086 | +€1,019 | +1,520% |
| Gross operating margin | 9900 | €3,929 | €10,851 | +€6,921 | +176% |
| Operating profit (loss) | 9901 | €3,526 | €9,725 | +€6,199 | +176% |
| Financial income | 75/76B | €2 | €485 | +€483 | +24,035% |
| Recurring financial income | 75 | €2 | €485 | +€483 | +24,035% |
| Financial charges | 65/66B | €420 | €162 | -€258 | -61.4% |
| Recurring financial charges | 65 | €420 | €162 | -€258 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | €3,108 | €10,048 | +€6,940 | +223% |
| Income taxes | 67/77 | €1,011 | €3,285 | +€2,274 | +225% |
| Profit (loss) for the period | 9904 | €2,098 | €6,763 | +€4,666 | +222% |
| Profit (loss) for the period to be appropriated | 9905 | €2,098 | €6,763 | +€4,666 | +222% |
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 22 October 2026 via checked.be.