TRADE R&R: what changed
TRADE R&R
Largest movements
- Formation expenses -€559
down €559 (-25.0%), from €2,236 to €1,677
- Receivables within one year +€220
up €220 (+5.1%), from €4,321 to €4,541
- Accrued charges and deferred income -€1,020
down €1,020 (-94.1%), from €1,084 to €64
- Profit (loss) carried forward +€667
up €667 (+52.8%), from -€1,263 to -€595
- Gross operating margin +€1,839
up €1,839, from -€753 to €1,086
- Financial income +€48
up €48 (+49.0%), from €98 to €145
- Financial charges -€43
down €43 (-89.3%), from €49 to €5
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.
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.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,298 | €11,959 | -€339 | -2.8% |
| Formation expenses | 20 | €2,236 | €1,677 | -€559 | -25.0% |
| Current assets | 29/58 | €10,062 | €10,282 | +€220 | +2.2% |
| Stocks and contracts in progress | 3 | €5,741 | €5,741 | = | 0.0% |
| Stocks | 30/36 | €5,741 | €5,741 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,321 | €4,541 | +€220 | +5.1% |
| Other amounts receivable | 41 | €4,321 | €4,541 | +€220 | +5.1% |
| Cash at bank and in hand | 54/58 | €0 | €1 | +€0 | +17.0% |
| Total equity and liabilities | 10/49 | €12,298 | €11,959 | -€339 | -2.8% |
| Equity | 10/15 | €10,737 | €11,405 | +€667 | +6.2% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,263 | -€595 | +€667 | +52.8% |
| Amounts payable | 17/49 | €1,561 | €555 | -€1,006 | -64.4% |
| Amounts payable within one year | 42/48 | €477 | €491 | +€14 | +2.9% |
| Trade debts | 44 | €118 | €118 | = | 0.0% |
| Suppliers | 440/4 | €118 | €118 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €359 | €373 | +€14 | +3.9% |
| Taxes | 450/3 | €359 | €373 | +€14 | +3.9% |
| Accrued charges and deferred income | 492/3 | €1,084 | €64 | -€1,020 | -94.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €559 | €559 | = | 0.0% |
| Gross operating margin | 9900 | -€753 | €1,086 | +€1,839 | |
| Operating profit (loss) | 9901 | -€1,312 | €527 | +€1,839 | |
| Financial income | 75/76B | €98 | €145 | +€48 | +49.0% |
| Recurring financial income | 75 | €98 | €145 | +€48 | +49.0% |
| Financial charges | 65/66B | €49 | €5 | -€43 | -89.3% |
| Recurring financial charges | 65 | €49 | €5 | -€43 | -89.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,263 | €667 | +€1,930 | |
| Profit (loss) for the period | 9904 | -€1,263 | €667 | +€1,930 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,263 | €667 | +€1,930 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.