START-CLEANING: 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.
START-CLEANING
Largest movements
- Receivables within one year -€43,291
down €43,291 (-66.7%), from €64,909 to €21,618
of which Trade receivables: -€38,553
- Tangible fixed assets -€1,964
no longer reported in 2023 (was €1,964)
- Trade debts -€20,650
down €20,650 (-80.8%), from €25,551 to €4,901
- Profit (loss) carried forward -€12,864
down €12,864 (-58.0%), from €22,186 to €9,321
- Tax, wage and social debts -€12,451
down €12,451 (-71.3%), from €17,453 to €5,002
of which Taxes: -€6,743
- Other operating charges +€26,237
up €26,237 (+2912.1%), from €901 to €27,138
- Staff costs -€15,609
down €15,609 (-42.7%), from €36,558 to €20,948
- Gross operating margin -€11,258
down €11,258 (-22.9%), from €49,094 to €37,836
- Taxes -€1,272
down €1,272 (-60.3%), from €2,112 to €839
- Financial income +€1,221
new in 2023: €1,221
of which Financial income: +€1,221
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 | €67,717 | €21,838 | -€45,878 | -67.8% |
| Fixed assets | 21/28 | €1,964 | - | -€1,964 | |
| Tangible fixed assets | 22/27 | €1,964 | - | -€1,964 | |
| Furniture and vehicles | 24 | €1,964 | - | -€1,964 | |
| Current assets | 29/58 | €65,752 | €21,838 | -€43,914 | -66.8% |
| Amounts receivable within one year | 40/41 | €64,909 | €21,618 | -€43,291 | -66.7% |
| Trade receivables | 40 | €55,602 | €17,049 | -€38,553 | -69.3% |
| Other amounts receivable | 41 | €9,307 | €4,569 | -€4,738 | -50.9% |
| Cash at bank and in hand | 54/58 | €366 | €220 | -€146 | -39.8% |
| Deferred charges and accrued income | 490/1 | €477 | - | -€477 | |
| Total equity and liabilities | 10/49 | €67,717 | €21,838 | -€45,878 | -67.8% |
| Equity | 10/15 | €23,586 | €10,721 | -€12,864 | -54.5% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Capital | 10 | €1,400 | €1,400 | = | 0.0% |
| Issued capital | 100 | €1,400 | €1,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,186 | €9,321 | -€12,864 | -58.0% |
| Amounts payable | 17/49 | €44,131 | €11,117 | -€33,014 | -74.8% |
| Amounts payable within one year | 42/48 | €43,436 | €10,335 | -€33,101 | -76.2% |
| Trade debts | 44 | €25,551 | €4,901 | -€20,650 | -80.8% |
| Suppliers | 440/4 | €25,551 | €4,901 | -€20,650 | -80.8% |
| Taxes, remuneration and social security | 45 | €17,453 | €5,002 | -€12,451 | -71.3% |
| Taxes | 450/3 | €10,222 | €3,478 | -€6,743 | -66.0% |
| Remuneration and social security | 454/9 | €7,231 | €1,524 | -€5,708 | -78.9% |
| Other amounts payable | 47/48 | €432 | €432 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €695 | €782 | +€87 | +12.5% |
| Remuneration, social security and pensions | 62 | €36,558 | €20,948 | -€15,609 | -42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,214 | €1,964 | -€250 | -11.3% |
| Other operating charges | 640/8 | €901 | €27,138 | +€26,237 | +2912.1% |
| Gross operating margin | 9900 | €49,094 | €37,836 | -€11,258 | -22.9% |
| Operating profit (loss) | 9901 | €9,421 | -€12,214 | -€21,635 | |
| Financial income | 75/76B | - | €1,221 | +€1,221 | |
| Recurring financial income | 75 | - | €1,221 | +€1,221 | |
| Non-recurring financial income | 76B | - | €1,221 | +€1,221 | |
| Financial charges | 65/66B | €1,242 | €1,032 | -€210 | -16.9% |
| Recurring financial charges | 65 | €1,242 | €1,032 | -€210 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €8,179 | -€12,025 | -€20,204 | |
| Income taxes | 67/77 | €2,112 | €839 | -€1,272 | -60.3% |
| Profit (loss) for the period | 9904 | €6,068 | -€12,864 | -€18,932 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,068 | -€12,864 | -€18,932 |
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 1 October 2026 via checked.be.