Second Group: 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.
Second Group
Largest movements
- Receivables within one year +€59,531
up €59,531 (+9537.2%), from €624 to €60,155
of which Trade receivables: +€60,155
- Cash -€28,614
down €28,614 (-70.7%), from €40,460 to €11,846
mainly Receivables within one year (-€59,531) and Tax, wage and social debts (-€868)
- Tangible fixed assets -€2,124
down €2,124 (-35.0%), from €6,073 to €3,948
- Deferred charges and accrued income -€1,737
down €1,737 (-65.0%), from €2,673 to €936
- Trade debts +€20,739
up €20,739 (+792.2%), from €2,618 to €23,357
- Other debts +€4,882
up €4,882 (+610.3%), from €800 to €5,682
- Accrued charges and deferred income +€2,328
up €2,328, from €0 to €2,328
- Tax, wage and social debts -€868
down €868 (-43.9%), from €1,979 to €1,111
- Gross operating margin -€2,343
down €2,343 (-48.6%), from €4,821 to €2,478
- Depreciation +€1,824
up €1,824 (+607.3%), from €300 to €2,124
- Taxes -€863
down €863 (-80.0%), from €1,079 to €216
- Financial charges -€299
down €299 (-73.6%), from €406 to €107
- Financial income +€53
up €53, from €0 to €53
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 | €49,830 | €76,886 | +€27,056 | +54.3% |
| Fixed assets | 21/28 | €6,073 | €3,948 | -€2,124 | -35.0% |
| Tangible fixed assets | 22/27 | €6,073 | €3,948 | -€2,124 | -35.0% |
| Furniture and vehicles | 24 | €6,073 | €3,948 | -€2,124 | -35.0% |
| Current assets | 29/58 | €43,757 | €72,938 | +€29,181 | +66.7% |
| Amounts receivable within one year | 40/41 | €624 | €60,155 | +€59,531 | +9537.2% |
| Trade receivables | 40 | €0 | €60,155 | +€60,155 | |
| Other amounts receivable | 41 | €624 | - | -€624 | |
| Cash at bank and in hand | 54/58 | €40,460 | €11,846 | -€28,614 | -70.7% |
| Deferred charges and accrued income | 490/1 | €2,673 | €936 | -€1,737 | -65.0% |
| Total equity and liabilities | 10/49 | €49,830 | €76,886 | +€27,056 | +54.3% |
| Equity | 10/15 | €44,433 | €44,408 | -€25 | -0.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €42,433 | €42,433 | = | 0.0% |
| Distributable reserves | 133 | €42,433 | €42,433 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€25 | -€25 | |
| Amounts payable | 17/49 | €5,397 | €32,478 | +€27,081 | +501.8% |
| Amounts payable within one year | 42/48 | €5,397 | €30,150 | +€24,753 | +458.6% |
| Trade debts | 44 | €2,618 | €23,357 | +€20,739 | +792.2% |
| Suppliers | 440/4 | €2,618 | €23,357 | +€20,739 | +792.2% |
| Taxes, remuneration and social security | 45 | €1,979 | €1,111 | -€868 | -43.9% |
| Taxes | 450/3 | €1,979 | €1,111 | -€868 | -43.9% |
| Other amounts payable | 47/48 | €800 | €5,682 | +€4,882 | +610.3% |
| Accrued charges and deferred income | 492/3 | €0 | €2,328 | +€2,328 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €2,124 | +€1,824 | +607.3% |
| Other operating charges | 640/8 | €102 | €109 | +€7 | +6.9% |
| Gross operating margin | 9900 | €4,821 | €2,478 | -€2,343 | -48.6% |
| Operating profit (loss) | 9901 | €4,419 | €245 | -€4,174 | -94.5% |
| Financial income | 75/76B | €0 | €53 | +€53 | |
| Recurring financial income | 75 | €0 | €53 | +€53 | |
| Financial charges | 65/66B | €406 | €107 | -€299 | -73.6% |
| Recurring financial charges | 65 | €406 | €107 | -€299 | -73.6% |
| Profit (loss) for the period before taxes | 9903 | €4,013 | €191 | -€3,822 | -95.2% |
| Income taxes | 67/77 | €1,079 | €216 | -€863 | -80.0% |
| Profit (loss) for the period | 9904 | €2,934 | -€25 | -€2,959 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,934 | -€25 | -€2,959 |
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 7 October 2026 via checked.be.