Surge: 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.
Surge
Largest movements
- Receivables within one year +€91,513
up €91,513 (+44.2%), from €207,228 to €298,741
of which Trade receivables: +€61,509
- Receivables after one year +€40,000
up €40,000 (+40.0%), from €100,000 to €140,000
- Trade debts +€208,782
up €208,782 (+284.9%), from €73,283 to €282,065
- Profit (loss) carried forward -€111,999
down €111,999, from €52,402 to -€59,597
- Tax, wage and social debts +€34,378
up €34,378 (+354.5%), from €9,699 to €44,077
- Debts after one year +€9,850
up €9,850 (+148.8%), from €6,617 to €16,467
- Current portion of long-term debt -€9,366
down €9,366 (-71.2%), from €13,155 to €3,789
- Gross operating margin -€228,072
down €228,072, from €139,054 to -€89,018
- Staff costs -€28,684
down €28,684 (-57.7%), from €49,705 to €21,020
- Taxes -€18,580
no longer reported in 2023 (was €18,580)
- Other operating charges -€10,815
down €10,815 (-99.2%), from €10,907 to €93
- Financial charges -€2,410
down €2,410 (-40.8%), from €5,904 to €3,494
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 | €335,823 | €467,288 | +€131,465 | +39.1% |
| Fixed assets | 21/28 | €5,750 | €4,215 | -€1,535 | -26.7% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €5,750 | €4,215 | -€1,535 | -26.7% |
| Furniture and vehicles | 24 | €5,750 | €4,215 | -€1,535 | -26.7% |
| Current assets | 29/58 | €330,073 | €463,073 | +€133,000 | +40.3% |
| Amounts receivable after more than one year | 29 | €100,000 | €140,000 | +€40,000 | +40.0% |
| Other amounts receivable | 291 | €100,000 | €140,000 | +€40,000 | +40.0% |
| Amounts receivable within one year | 40/41 | €207,228 | €298,741 | +€91,513 | +44.2% |
| Trade receivables | 40 | €197,949 | €259,458 | +€61,509 | +31.1% |
| Other amounts receivable | 41 | €9,279 | €39,283 | +€30,004 | +323.4% |
| Cash at bank and in hand | 54/58 | €7,550 | €9,037 | +€1,487 | +19.7% |
| Deferred charges and accrued income | 490/1 | €15,295 | €15,295 | = | 0.0% |
| Total equity and liabilities | 10/49 | €335,823 | €467,288 | +€131,465 | +39.1% |
| Equity | 10/15 | €130,875 | €18,876 | -€111,999 | -85.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €59,923 | €59,923 | = | 0.0% |
| Distributable reserves | 133 | €59,923 | €59,923 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,402 | -€59,597 | -€111,999 | |
| Amounts payable | 17/49 | €204,948 | €448,412 | +€243,464 | +118.8% |
| Amounts payable after more than one year | 17 | €6,617 | €16,467 | +€9,850 | +148.8% |
| Financial debts | 170/4 | €6,617 | €16,467 | +€9,850 | +148.8% |
| Amounts payable within one year | 42/48 | €198,331 | €431,945 | +€233,614 | +117.8% |
| Current portion of amounts payable after more than one year | 42 | €13,155 | €3,789 | -€9,366 | -71.2% |
| Trade debts | 44 | €73,283 | €282,065 | +€208,782 | +284.9% |
| Suppliers | 440/4 | €73,283 | €282,065 | +€208,782 | +284.9% |
| Advances received on contracts in progress | 46 | €102,014 | €102,014 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,699 | €44,077 | +€34,378 | +354.5% |
| Taxes | 450/3 | €9,699 | €44,077 | +€34,378 | +354.5% |
| Other amounts payable | 47/48 | €181 | - | -€181 | |
| Remuneration, social security and pensions | 62 | €49,705 | €21,020 | -€28,684 | -57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,241 | €1,535 | +€294 | +23.7% |
| Other operating charges | 640/8 | €10,907 | €93 | -€10,815 | -99.2% |
| Non-recurring operating charges | 66A | €275 | - | -€275 | |
| Gross operating margin | 9900 | €139,054 | -€89,018 | -€228,072 | |
| Operating profit (loss) | 9901 | €76,927 | -€111,666 | -€188,592 | |
| Financial income | 75/76B | €2,791 | €3,161 | +€369 | +13.2% |
| Recurring financial income | 75 | €2,791 | €3,161 | +€369 | +13.2% |
| Financial charges | 65/66B | €5,904 | €3,494 | -€2,410 | -40.8% |
| Recurring financial charges | 65 | €5,904 | €3,494 | -€2,410 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €73,814 | -€111,999 | -€185,813 | |
| Income taxes | 67/77 | €18,580 | - | -€18,580 | |
| Profit (loss) for the period | 9904 | €55,234 | -€111,999 | -€167,233 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,234 | -€111,999 | -€167,233 |
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 8 October 2026 via checked.be.