SEH LEAD: 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.
SEH LEAD
Largest movements
- Cash -€2,006
down €2,006 (-12.7%), from €15,809 to €13,803
mainly Net result for the year (-€3,902) and Short-term financial debts (-€68)
- Profit (loss) carried forward -€3,902
down €3,902 (-130.2%), from -€2,997 to -€6,900
- Tax, wage and social debts +€1,924
new in 2023: €1,924
- Gross operating margin -€3,930
new in 2023: -€3,930
- Financial charges -€171
down €171 (-81.1%), from €211 to €40
- Financial income +€68
new in 2023: €68
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 | €15,809 | €13,803 | -€2,006 | -12.7% |
| Current assets | 29/58 | €15,809 | €13,803 | -€2,006 | -12.7% |
| Cash at bank and in hand | 54/58 | €15,809 | €13,803 | -€2,006 | -12.7% |
| Total equity and liabilities | 10/49 | €15,809 | €13,803 | -€2,006 | -12.7% |
| Equity | 10/15 | €15,603 | €11,700 | -€3,902 | -25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,997 | -€6,900 | -€3,902 | -130.2% |
| Amounts payable | 17/49 | €207 | €2,103 | +€1,896 | +916.3% |
| Amounts payable within one year | 42/48 | €207 | €2,103 | +€1,896 | +916.3% |
| Financial debts | 43 | €68 | - | -€68 | |
| Credit institutions | 430/8 | €68 | - | -€68 | |
| Taxes, remuneration and social security | 45 | - | €1,924 | +€1,924 | |
| Taxes | 450/3 | - | €1,924 | +€1,924 | |
| Other amounts payable | 47/48 | €139 | €179 | +€40 | +28.8% |
| Gross operating margin | 9900 | - | -€3,930 | -€3,930 | |
| Operating profit (loss) | 9901 | - | -€3,930 | -€3,930 | |
| Financial income | 75/76B | - | €68 | +€68 | |
| Recurring financial income | 75 | - | €68 | +€68 | |
| Financial charges | 65/66B | €211 | €40 | -€171 | -81.1% |
| Recurring financial charges | 65 | €211 | €40 | -€171 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | -€211 | -€3,902 | -€3,691 | -1748.5% |
| Profit (loss) for the period | 9904 | -€211 | -€3,902 | -€3,691 | -1748.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€211 | -€3,902 | -€3,691 | -1748.5% |
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 11 October 2026 via checked.be.