STG 63: 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.
STG 63
Largest movements
- Receivables within one year -€39,820
down €39,820 (-58.1%), from €68,580 to €28,760
of which Other amounts receivable: -€36,604
- Tangible fixed assets -€30,390
down €30,390 (-18.6%), from €163,812 to €133,422
of which Furniture and vehicles: -€30,912
- Deferred charges and accrued income -€15,776
down €15,776 (-88.1%), from €17,917 to €2,141
- Cash -€13,717
down €13,717 (-21.0%), from €65,286 to €51,569
mainly Debts after one year (-€137,264) and Trade debts (-€75,484)
- Stocks and contracts -€5,491
no longer reported in 2023 (was €5,491)
- Advances received +€189,970
new in 2023: €189,970
- Debts after one year -€137,264
no longer reported in 2023 (was €137,264)
- Trade debts -€75,484
down €75,484 (-70.6%), from €106,985 to €31,501
- Profit (loss) carried forward -€41,900
down €41,900 (-109%), from -€38,466 to -€80,366
- Other debts -€34,978
down €34,978 (-86.3%), from €40,543 to €5,565
- Gross operating margin +€70,850
up €70,850 (+34.1%), from €207,848 to €278,698
- Depreciation +€18,195
up €18,195 (+93.7%), from €19,412 to €37,607
- Staff costs +€17,713
up €17,713 (+7.4%), from €240,640 to €258,353
- Financial charges +€8,936
up €8,936 (+76.6%), from €11,671 to €20,607
of which Financial charges: +€8,662
- Other operating charges -€6,506
down €6,506 (-61.4%), from €10,592 to €4,086
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 | €321,086 | €215,892 | -€105,194 | -32.8% |
| Fixed assets | 21/28 | €163,812 | €133,422 | -€30,390 | -18.6% |
| Tangible fixed assets | 22/27 | €163,812 | €133,422 | -€30,390 | -18.6% |
| Plant, machinery and equipment | 23 | - | €522 | +€522 | |
| Furniture and vehicles | 24 | €163,812 | €132,900 | -€30,912 | -18.9% |
| Current assets | 29/58 | €157,274 | €82,470 | -€74,804 | -47.6% |
| Stocks and contracts in progress | 3 | €5,491 | - | -€5,491 | |
| Stocks | 30/36 | €5,491 | - | -€5,491 | |
| Amounts receivable within one year | 40/41 | €68,580 | €28,760 | -€39,820 | -58.1% |
| Trade receivables | 40 | €3,216 | - | -€3,216 | |
| Other amounts receivable | 41 | €65,364 | €28,760 | -€36,604 | -56.0% |
| Cash at bank and in hand | 54/58 | €65,286 | €51,569 | -€13,717 | -21.0% |
| Deferred charges and accrued income | 490/1 | €17,917 | €2,141 | -€15,776 | -88.1% |
| Total equity and liabilities | 10/49 | €321,086 | €215,892 | -€105,194 | -32.8% |
| Equity | 10/15 | -€32,266 | -€74,166 | -€41,900 | -130% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,466 | -€80,366 | -€41,900 | -109% |
| Amounts payable | 17/49 | €353,352 | €290,058 | -€63,294 | -17.9% |
| Amounts payable after more than one year | 17 | €137,264 | - | -€137,264 | |
| Financial debts | 170/4 | €137,264 | - | -€137,264 | |
| Amounts payable within one year | 42/48 | €215,776 | €274,649 | +€58,873 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €24,957 | - | -€24,957 | |
| Trade debts | 44 | €106,985 | €31,501 | -€75,484 | -70.6% |
| Suppliers | 440/4 | €106,985 | €31,501 | -€75,484 | -70.6% |
| Advances received on contracts in progress | 46 | - | €189,970 | +€189,970 | |
| Taxes, remuneration and social security | 45 | €43,291 | €47,613 | +€4,322 | +10.0% |
| Taxes | 450/3 | €5,111 | €4,609 | -€502 | -9.8% |
| Remuneration and social security | 454/9 | €38,180 | €43,004 | +€4,824 | +12.6% |
| Other amounts payable | 47/48 | €40,543 | €5,565 | -€34,978 | -86.3% |
| Accrued charges and deferred income | 492/3 | €312 | €15,409 | +€15,097 | +4,839% |
| Remuneration, social security and pensions | 62 | €240,640 | €258,353 | +€17,713 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,412 | €37,607 | +€18,195 | +93.7% |
| Other operating charges | 640/8 | €10,592 | €4,086 | -€6,506 | -61.4% |
| Gross operating margin | 9900 | €207,848 | €278,698 | +€70,850 | +34.1% |
| Operating profit (loss) | 9901 | -€62,796 | -€21,348 | +€41,448 | +66.0% |
| Financial income | 75/76B | €2 | €55 | +€53 | +2,650% |
| Recurring financial income | 75 | €2 | €55 | +€53 | +2,650% |
| Financial charges | 65/66B | €11,671 | €20,607 | +€8,936 | +76.6% |
| Recurring financial charges | 65 | €11,671 | €20,333 | +€8,662 | +74.2% |
| Non-recurring financial charges | 66B | - | €274 | +€274 | |
| Profit (loss) for the period before taxes | 9903 | -€74,465 | -€41,900 | +€32,565 | +43.7% |
| Profit (loss) for the period | 9904 | -€74,465 | -€41,900 | +€32,565 | +43.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,465 | -€41,900 | +€32,565 | +43.7% |
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 21 October 2026 via checked.be.