Tailor's Factory: what changed
What changed
Tailor's Factory
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
-€122,252
2022 · -€356,399+€234,147
Equity
-€179,600
2022 · -€57,348-€122,252
Cash
€270,760
2022 · €261,603+€9,157
Balance sheet total
€2.3m
2022 · €2.5m-€257,632
Largest movements
Assets
- Tangible fixed assets -€240,930
down €240,930 (-10.9%), from €2.2m to €2.0m
of which Other tangible fixed assets: -€181,759
Equity and liabilities
- Debts after one year -€154,797
down €154,797 (-7.5%), from €2.1m to €1.9m
- Profit (loss) carried forward -€122,252
down €122,252 (-11.6%), from -€1.1m to -€1.2m
- Accrued charges and deferred income +€43,838
up €43,838 (+14.7%), from €298,949 to €342,787
- Trade debts -€26,228
down €26,228 (-52.3%), from €50,182 to €23,953
Income statement
- Gross operating margin +€319,732
up €319,732 (+131%), from €244,875 to €564,607
- Other operating charges +€111,598
up €111,598 (+191%), from €58,523 to €170,121
- Staff costs -€17,991
down €17,991 (-13.7%), from €130,906 to €112,916
- Depreciation -€12,432
down €12,432 (-3.3%), from €374,597 to €362,166
- Write-downs +€6,153
up €6,153, from -€1,301 to €4,852
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2022
-€356,399
Gross operating margin
+€319,732
Staff costs
+€17,991
Depreciation
+€12,432
Write-downs
-€6,153
Other operating charges
-€111,598
Financial income
+€0
Financial charges
+€1,744
Result 2023
-€122,252
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€274,581
Investment
-€113,005
Financing
-€152,419
Cash 2022
€261,603
From operations (derived)
+€274,581
Net result for the year
-€122,252
Depreciation
+€362,166
Receivables within one year
+€17,560
Smaller working-capital items
-€503
Trade debts
-€26,228
Accrued charges and deferred income
+€43,838
Investment (derived)
-€113,005
Investment in fixed assets (net)
-€113,005
Financing
-€152,419
Debts after one year
-€154,797
Current portion of long-term debt
+€2,378
Cash 2023
€270,760
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,531,435 | €2,273,803 | -€257,632 | -10.2% |
| Fixed assets | 21/28 | €2,234,359 | €1,985,199 | -€249,160 | -11.2% |
| Intangible fixed assets | 21 | €19,959 | €11,729 | -€8,230 | -41.2% |
| Tangible fixed assets | 22/27 | €2,214,037 | €1,973,107 | -€240,930 | -10.9% |
| Plant, machinery and equipment | 23 | €2,762 | €1,449 | -€1,313 | -47.5% |
| Furniture and vehicles | 24 | €112,471 | €54,613 | -€57,858 | -51.4% |
| Other tangible fixed assets | 26 | €2,098,804 | €1,917,044 | -€181,759 | -8.7% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €297,076 | €288,604 | -€8,472 | -2.9% |
| Amounts receivable within one year | 40/41 | €25,512 | €7,952 | -€17,560 | -68.8% |
| Trade receivables | 40 | €21,787 | €7,952 | -€13,835 | -63.5% |
| Other amounts receivable | 41 | €3,725 | €0 | -€3,725 | -100% |
| Cash at bank and in hand | 54/58 | €261,603 | €270,760 | +€9,157 | +3.5% |
| Deferred charges and accrued income | 490/1 | €9,960 | €9,892 | -€68 | -0.7% |
| Total equity and liabilities | 10/49 | €2,531,435 | €2,273,803 | -€257,632 | -10.2% |
| Equity | 10/15 | -€57,348 | -€179,600 | -€122,252 | -213% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,057,348 | -€1,179,600 | -€122,252 | -11.6% |
| Amounts payable | 17/49 | €2,588,783 | €2,453,403 | -€135,380 | -5.2% |
| Amounts payable after more than one year | 17 | €2,060,942 | €1,906,145 | -€154,797 | -7.5% |
| Financial debts | 170/4 | €2,060,942 | €1,906,145 | -€154,797 | -7.5% |
| Amounts payable within one year | 42/48 | €228,892 | €204,471 | -€24,421 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €165,219 | €167,597 | +€2,378 | +1.4% |
| Trade debts | 44 | €50,182 | €23,953 | -€26,228 | -52.3% |
| Suppliers | 440/4 | €50,182 | €23,953 | -€26,228 | -52.3% |
| Taxes, remuneration and social security | 45 | €9,801 | €9,231 | -€571 | -5.8% |
| Taxes | 450/3 | €1,078 | €3,537 | +€2,458 | +228% |
| Remuneration and social security | 454/9 | €8,723 | €5,694 | -€3,029 | -34.7% |
| Other amounts payable | 47/48 | €3,690 | €3,690 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €298,949 | €342,787 | +€43,838 | +14.7% |
| Remuneration, social security and pensions | 62 | €130,906 | €112,916 | -€17,991 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €374,597 | €362,166 | -€12,432 | -3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,301 | €4,852 | +€6,153 | |
| Other operating charges | 640/8 | €58,523 | €170,121 | +€111,598 | +191% |
| Gross operating margin | 9900 | €244,875 | €564,607 | +€319,732 | +131% |
| Operating profit (loss) | 9901 | -€317,851 | -€85,448 | +€232,403 | +73.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1,800% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,800% |
| Financial charges | 65/66B | €38,548 | €36,804 | -€1,744 | -4.5% |
| Recurring financial charges | 65 | €38,548 | €36,804 | -€1,744 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€356,399 | -€122,252 | +€234,147 | +65.7% |
| Profit (loss) for the period | 9904 | -€356,399 | -€122,252 | +€234,147 | +65.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€356,399 | -€122,252 | +€234,147 | +65.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 July 2022 and 31 July 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.