SDG: 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.
SDG
Largest movements
- Receivables within one year +€13,748
up €13,748 (+27.2%), from €50,524 to €64,272
of which Trade receivables: +€7,173
- Tangible fixed assets -€1,401
down €1,401 (-50.0%), from €2,802 to €1,401
- Profit (loss) carried forward +€10,456
up €10,456 (+360.3%), from €2,902 to €13,358
- Trade debts +€6,192
up €6,192 (+31.9%), from €19,435 to €25,627
- Advances received -€3,624
down €3,624 (-50.9%), from €7,124 to €3,500
- Other debts -€1,137
down €1,137 (-4.6%), from €24,784 to €23,646
- Turnover -€127,870
no longer reported in 2023 (was €127,870)
- Purchases and services -€115,380
no longer reported in 2023 (was €115,380)
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 | €67,494 | €79,603 | +€12,109 | +17.9% |
| Fixed assets | 21/28 | €2,952 | €1,551 | -€1,401 | -47.5% |
| Tangible fixed assets | 22/27 | €2,802 | €1,401 | -€1,401 | -50.0% |
| Furniture and vehicles | 24 | €2,802 | €1,401 | -€1,401 | -50.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €64,541 | €78,052 | +€13,510 | +20.9% |
| Amounts receivable within one year | 40/41 | €50,524 | €64,272 | +€13,748 | +27.2% |
| Trade receivables | 40 | €49,014 | €56,187 | +€7,173 | +14.6% |
| Other amounts receivable | 41 | €1,510 | €8,085 | +€6,575 | +435.4% |
| Cash at bank and in hand | 54/58 | €12,969 | €13,009 | +€40 | +0.3% |
| Deferred charges and accrued income | 490/1 | €1,048 | €770 | -€278 | -26.5% |
| Total equity and liabilities | 10/49 | €67,494 | €79,603 | +€12,109 | +17.9% |
| Equity | 10/15 | €15,367 | €25,823 | +€10,456 | +68.0% |
| Contributions | 10/11 | €12,400 | €12,465 | +€65 | +0.5% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €65 | €0 | -€65 | -100.0% |
| Non-distributable reserves | 130/1 | €65 | €0 | -€65 | -100.0% |
| Legal reserve | 130 | €65 | - | -€65 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Profit (loss) carried forward | 14 | €2,902 | €13,358 | +€10,456 | +360.3% |
| Amounts payable | 17/49 | €52,127 | €53,780 | +€1,654 | +3.2% |
| Amounts payable within one year | 42/48 | €52,127 | €53,780 | +€1,654 | +3.2% |
| Trade debts | 44 | €19,435 | €25,627 | +€6,192 | +31.9% |
| Suppliers | 440/4 | €19,435 | €25,627 | +€6,192 | +31.9% |
| Advances received on contracts in progress | 46 | €7,124 | €3,500 | -€3,624 | -50.9% |
| Taxes, remuneration and social security | 45 | €784 | €1,006 | +€223 | +28.4% |
| Taxes | 450/3 | €784 | €286 | -€498 | -63.6% |
| Remuneration and social security | 454/9 | - | €721 | +€721 | |
| Other amounts payable | 47/48 | €24,784 | €23,646 | -€1,137 | -4.6% |
| Turnover | 70 | €127,870 | - | -€127,870 | |
| Non-recurring operating income | 76A | €5 | €0 | -€5 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €115,380 | - | -€115,380 | |
| Remuneration, social security and pensions | 62 | €5,932 | €4,899 | -€1,033 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,401 | €1,401 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,131 | €1,649 | +€518 | +45.8% |
| Non-recurring operating charges | 66A | - | €8 | +€8 | |
| Gross operating margin | 9900 | €17,284 | €18,365 | +€1,081 | +6.3% |
| Operating profit (loss) | 9901 | €8,819 | €10,407 | +€1,588 | +18.0% |
| Financial income | 75/76B | €511 | €169 | -€342 | -66.9% |
| Recurring financial income | 75 | €511 | €169 | -€342 | -66.9% |
| Financial charges | 65/66B | €652 | €121 | -€531 | -81.5% |
| Recurring financial charges | 65 | €652 | €121 | -€531 | -81.5% |
| Profit (loss) for the period before taxes | 9903 | €8,678 | €10,456 | +€1,778 | +20.5% |
| Profit (loss) for the period | 9904 | €8,678 | €10,456 | +€1,778 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,678 | €10,456 | +€1,778 | +20.5% |
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 12 October 2026 via checked.be.