Sponsor-iT!: 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.
Sponsor-iT!
Largest movements
- Tangible fixed assets +€435,811
up €435,811 (+220%), from €198,117 to €633,927
of which Land and buildings: +€437,977
- Receivables within one year -€72,359
down €72,359 (-66.0%), from €109,654 to €37,295
of which Trade receivables: -€70,697
- Cash -€18,492
down €18,492 (-65.9%), from €28,042 to €9,550
mainly Investment in fixed assets (net) (-€436,742) and Trade debts (-€7,840)
- Debts after one year +€224,468
up €224,468 (+232%), from €96,653 to €321,120
- Other debts +€91,327
up €91,327 (+96.5%), from €94,653 to €185,980
- Reserves +€18,130
up €18,130 (+21.3%), from €84,975 to €103,105
of which Distributable reserves: +€19,990
- Current portion of long-term debt +€14,055
up €14,055 (+53.6%), from €26,236 to €40,291
- Trade debts -€7,840
down €7,840 (-34.9%), from €22,458 to €14,619
- Gross operating margin -€35,507
down €35,507 (-50.7%), from €70,023 to €34,516
- Other operating charges -€22,399
down €22,399 (-96.4%), from €23,241 to €842
- Write-downs -€18,392
down €18,392 (-100%), from €18,392 to €0
- Financial charges +€6,316
up €6,316 (+256%), from €2,470 to €8,786
- Taxes -€2,111
down €2,111 (-25.3%), from €8,338 to €6,227
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 | €337,413 | €681,722 | +€344,308 | +102% |
| Fixed assets | 21/28 | €198,117 | €634,327 | +€436,211 | +220% |
| Tangible fixed assets | 22/27 | €198,117 | €633,927 | +€435,811 | +220% |
| Land and buildings | 22 | €195,250 | €633,227 | +€437,977 | +224% |
| Plant, machinery and equipment | 23 | €2,064 | €322 | -€1,742 | -84.4% |
| Furniture and vehicles | 24 | €795 | €378 | -€416 | -52.4% |
| Other tangible fixed assets | 26 | €8 | €0 | -€8 | -100% |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €139,297 | €47,394 | -€91,903 | -66.0% |
| Amounts receivable within one year | 40/41 | €109,654 | €37,295 | -€72,359 | -66.0% |
| Trade receivables | 40 | €107,992 | €37,295 | -€70,697 | -65.5% |
| Other amounts receivable | 41 | €1,662 | €0 | -€1,662 | -100% |
| Cash at bank and in hand | 54/58 | €28,042 | €9,550 | -€18,492 | -65.9% |
| Deferred charges and accrued income | 490/1 | €1,601 | €550 | -€1,051 | -65.7% |
| Total equity and liabilities | 10/49 | €337,413 | €681,722 | +€344,308 | +102% |
| Equity | 10/15 | €97,375 | €115,505 | +€18,130 | +18.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €84,975 | €103,105 | +€18,130 | +21.3% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €83,115 | €103,105 | +€19,990 | +24.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €240,038 | €566,217 | +€326,179 | +136% |
| Amounts payable after more than one year | 17 | €96,653 | €321,120 | +€224,468 | +232% |
| Financial debts | 170/4 | €96,653 | €321,120 | +€224,468 | +232% |
| Amounts payable within one year | 42/48 | €143,386 | €245,096 | +€101,711 | +70.9% |
| Current portion of amounts payable after more than one year | 42 | €26,236 | €40,291 | +€14,055 | +53.6% |
| Financial debts | 43 | €39 | €1,480 | +€1,442 | +3,735% |
| Credit institutions | 430/8 | €39 | €1,480 | +€1,442 | +3,735% |
| Trade debts | 44 | €22,458 | €14,619 | -€7,840 | -34.9% |
| Suppliers | 440/4 | €22,458 | €14,619 | -€7,840 | -34.9% |
| Taxes, remuneration and social security | 45 | - | €2,727 | +€2,727 | |
| Taxes | 450/3 | - | €2,727 | +€2,727 | |
| Other amounts payable | 47/48 | €94,653 | €185,980 | +€91,327 | +96.5% |
| Non-recurring operating income | 76A | - | €5,865 | +€5,865 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,020 | €532 | -€489 | -47.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,392 | €0 | -€18,392 | -100% |
| Other operating charges | 640/8 | €23,241 | €842 | -€22,399 | -96.4% |
| Gross operating margin | 9900 | €70,023 | €34,516 | -€35,507 | -50.7% |
| Operating profit (loss) | 9901 | €27,370 | €33,143 | +€5,773 | +21.1% |
| Financial charges | 65/66B | €2,470 | €8,786 | +€6,316 | +256% |
| Recurring financial charges | 65 | €2,470 | €8,786 | +€6,316 | +256% |
| Profit (loss) for the period before taxes | 9903 | €24,899 | €24,357 | -€542 | -2.2% |
| Income taxes | 67/77 | €8,338 | €6,227 | -€2,111 | -25.3% |
| Profit (loss) for the period | 9904 | €16,561 | €18,130 | +€1,569 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,561 | €18,130 | +€1,569 | +9.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.