Siebert Lanhove: 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.
Siebert Lanhove
Largest movements
- Receivables within one year -€12,082
down €12,082 (-63.7%), from €18,963 to €6,881
of which Other amounts receivable: -€14,560
- Tangible fixed assets -€4,060
down €4,060 (-15.9%), from €25,579 to €21,519
of which Furniture and vehicles: -€2,515
- Cash +€1,503
up €1,503 (+8.7%), from €17,219 to €18,722
mainly Other debts (+€15,866) and Receivables within one year (+€12,082)
- Profit (loss) carried forward -€33,234
down €33,234, from €23,750 to -€9,484
- Other debts +€15,866
up €15,866 (+1,502%), from €1,056 to €16,922
- Tax, wage and social debts +€8,591
up €8,591 (+128%), from €6,690 to €15,282
of which Taxes: +€5,644
- Trade debts -€5,914
down €5,914 (-48.0%), from €12,326 to €6,412
- Gross operating margin -€51,991
down €51,991, from €27,419 to -€24,573
- Taxes -€5,150
no longer reported in 2023 (was €5,150)
- Depreciation +€1,385
up €1,385 (+29.2%), from €4,749 to €6,135
- Other operating charges -€795
down €795 (-26.5%), from €2,995 to €2,200
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 | €62,323 | €47,684 | -€14,639 | -23.5% |
| Fixed assets | 21/28 | €25,579 | €21,519 | -€4,060 | -15.9% |
| Tangible fixed assets | 22/27 | €25,579 | €21,519 | -€4,060 | -15.9% |
| Plant, machinery and equipment | 23 | €10,061 | €8,515 | -€1,546 | -15.4% |
| Furniture and vehicles | 24 | €15,518 | €13,004 | -€2,515 | -16.2% |
| Current assets | 29/58 | €36,744 | €26,165 | -€10,579 | -28.8% |
| Amounts receivable within one year | 40/41 | €18,963 | €6,881 | -€12,082 | -63.7% |
| Trade receivables | 40 | €440 | €2,918 | +€2,478 | +563% |
| Other amounts receivable | 41 | €18,523 | €3,963 | -€14,560 | -78.6% |
| Cash at bank and in hand | 54/58 | €17,219 | €18,722 | +€1,503 | +8.7% |
| Deferred charges and accrued income | 490/1 | €562 | €562 | = | 0.0% |
| Total equity and liabilities | 10/49 | €62,323 | €47,684 | -€14,639 | -23.5% |
| Equity | 10/15 | €42,250 | €9,016 | -€33,234 | -78.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,500 | €13,500 | = | 0.0% |
| Distributable reserves | 133 | €13,500 | €13,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,750 | -€9,484 | -€33,234 | |
| Amounts payable | 17/49 | €20,073 | €38,668 | +€18,595 | +92.6% |
| Amounts payable within one year | 42/48 | €20,073 | €38,616 | +€18,543 | +92.4% |
| Trade debts | 44 | €12,326 | €6,412 | -€5,914 | -48.0% |
| Suppliers | 440/4 | €12,326 | €6,412 | -€5,914 | -48.0% |
| Taxes, remuneration and social security | 45 | €6,690 | €15,282 | +€8,591 | +128% |
| Taxes | 450/3 | €6,690 | €12,334 | +€5,644 | +84.4% |
| Remuneration and social security | 454/9 | - | €2,947 | +€2,947 | |
| Other amounts payable | 47/48 | €1,056 | €16,922 | +€15,866 | +1,502% |
| Accrued charges and deferred income | 492/3 | - | €52 | +€52 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,749 | €6,135 | +€1,385 | +29.2% |
| Other operating charges | 640/8 | €2,995 | €2,200 | -€795 | -26.5% |
| Non-recurring operating charges | 66A | €311 | - | -€311 | |
| Gross operating margin | 9900 | €27,419 | -€24,573 | -€51,991 | |
| Operating profit (loss) | 9901 | €19,363 | -€32,908 | -€52,271 | |
| Financial income | 75/76B | €22 | €107 | +€85 | +394% |
| Recurring financial income | 75 | €22 | €107 | +€85 | +394% |
| Financial charges | 65/66B | €523 | €433 | -€90 | -17.2% |
| Recurring financial charges | 65 | €523 | €433 | -€90 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €18,862 | -€33,234 | -€52,096 | |
| Income taxes | 67/77 | €5,150 | - | -€5,150 | |
| Profit (loss) for the period | 9904 | €13,712 | -€33,234 | -€46,946 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,712 | -€33,234 | -€46,946 |
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 1 November 2026 via checked.be.