THINK FREIGHT: 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.
THINK FREIGHT
Largest movements
- Receivables within one year -€72,020
down €72,020 (-63.6%), from €113,174 to €41,155
of which Trade receivables: -€73,869
- Trade debts -€92,083
down €92,083 (-93.8%), from €98,181 to €6,098
- Profit (loss) carried forward -€40,901
down €40,901, from €13,585 to -€27,316
- Tax, wage and social debts +€37,110
up €37,110 (+674.2%), from €5,504 to €42,615
- Accrued charges and deferred income +€24,600
new in 2023: €24,600
- Gross operating margin -€92,676
down €92,676 (-98.2%), from €94,416 to €1,740
- Taxes +€34,053
up €34,053 (+864.9%), from €3,937 to €37,990
- Financial income +€1,918
new in 2023: €1,918
- Depreciation -€1,834
down €1,834 (-100.0%), from €1,834 to €0
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 | €120,286 | €48,997 | -€71,289 | -59.3% |
| Fixed assets | 21/28 | €6,250 | €6,250 | = | 0.0% |
| Financial fixed assets | 28 | €6,250 | €6,250 | = | 0.0% |
| Current assets | 29/58 | €114,036 | €42,747 | -€71,289 | -62.5% |
| Amounts receivable within one year | 40/41 | €113,174 | €41,155 | -€72,020 | -63.6% |
| Trade receivables | 40 | €73,869 | €0 | -€73,869 | -100.0% |
| Other amounts receivable | 41 | €39,305 | €41,155 | +€1,849 | +4.7% |
| Cash at bank and in hand | 54/58 | €861 | €861 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €731 | +€731 | |
| Total equity and liabilities | 10/49 | €120,286 | €48,997 | -€71,289 | -59.3% |
| Equity | 10/15 | €16,585 | -€24,316 | -€40,901 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | - | -€3,000 | |
| Issued capital | 100 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €13,585 | -€27,316 | -€40,901 | |
| Amounts payable | 17/49 | €103,701 | €73,313 | -€30,388 | -29.3% |
| Amounts payable within one year | 42/48 | €103,701 | €48,713 | -€54,988 | -53.0% |
| Financial debts | 43 | €15 | €0 | -€15 | -100.0% |
| Credit institutions | 430/8 | €15 | €0 | -€15 | -100.0% |
| Trade debts | 44 | €98,181 | €6,098 | -€92,083 | -93.8% |
| Suppliers | 440/4 | €98,181 | €6,098 | -€92,083 | -93.8% |
| Taxes, remuneration and social security | 45 | €5,504 | €42,615 | +€37,110 | +674.2% |
| Taxes | 450/3 | €5,504 | €42,615 | +€37,110 | +674.2% |
| Accrued charges and deferred income | 492/3 | - | €24,600 | +€24,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,834 | €0 | -€1,834 | -100.0% |
| Other operating charges | 640/8 | - | €784 | +€784 | |
| Non-recurring operating charges | 66A | - | €5,729 | +€5,729 | |
| Gross operating margin | 9900 | €94,416 | €1,740 | -€92,676 | -98.2% |
| Operating profit (loss) | 9901 | €92,582 | -€4,773 | -€97,355 | |
| Financial income | 75/76B | - | €1,918 | +€1,918 | |
| Recurring financial income | 75 | - | €1,918 | +€1,918 | |
| Financial charges | 65/66B | €167 | €55 | -€112 | -67.1% |
| Recurring financial charges | 65 | €167 | €55 | -€112 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €92,415 | -€2,911 | -€95,325 | |
| Income taxes | 67/77 | €3,937 | €37,990 | +€34,053 | +864.9% |
| Profit (loss) for the period | 9904 | €88,478 | -€40,901 | -€129,378 | |
| Profit (loss) for the period to be appropriated | 9905 | €88,478 | -€40,901 | -€129,378 |
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 6 October 2026 via checked.be.