TRAININGBEL: 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.
TRAININGBEL
Largest movements
- Cash -€6,705
down €6,705 (-58.9%), from €11,382 to €4,677
mainly Tax, wage and social debts (-€12,522) and Trade debts (-€9,663)
- Receivables within one year +€3,971
up €3,971 (+3.2%), from €123,793 to €127,764
of which Trade receivables: +€10,796
- Profit (loss) carried forward +€19,451
up €19,451 (+31.4%), from €61,909 to €81,360
- Tax, wage and social debts -€12,522
down €12,522 (-45.2%), from €27,724 to €15,202
- Trade debts -€9,663
down €9,663 (-29.2%), from €33,091 to €23,428
- Taxes +€36,913
new in 2023: €36,913
- Turnover +€30,321
up €30,321 (+15.7%), from €192,735 to €223,056
- Purchases and services +€27,074
up €27,074 (+19.8%), from €136,597 to €163,671
- Gross operating margin +€3,247
up €3,247 (+5.8%), from €56,138 to €59,385
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 | €149,175 | €146,441 | -€2,734 | -1.8% |
| Current assets | 29/58 | €149,175 | €146,441 | -€2,734 | -1.8% |
| Amounts receivable after more than one year | 29 | €14,000 | €14,000 | = | 0.0% |
| Other amounts receivable | 291 | €14,000 | €14,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €123,793 | €127,764 | +€3,971 | +3.2% |
| Trade receivables | 40 | €86,682 | €97,478 | +€10,796 | +12.5% |
| Other amounts receivable | 41 | €37,112 | €30,287 | -€6,825 | -18.4% |
| Cash at bank and in hand | 54/58 | €11,382 | €4,677 | -€6,705 | -58.9% |
| Total equity and liabilities | 10/49 | €149,175 | €146,441 | -€2,734 | -1.8% |
| Equity | 10/15 | €86,360 | €105,811 | +€19,451 | +22.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €18,251 | €18,251 | = | 0.0% |
| Non-distributable reserves | 130/1 | €774 | €774 | = | 0.0% |
| Reserves not available under the articles | 1311 | €774 | €774 | = | 0.0% |
| Distributable reserves | 133 | €17,477 | €17,477 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,909 | €81,360 | +€19,451 | +31.4% |
| Amounts payable | 17/49 | €62,815 | €40,630 | -€22,185 | -35.3% |
| Amounts payable within one year | 42/48 | €62,815 | €40,630 | -€22,185 | -35.3% |
| Trade debts | 44 | €33,091 | €23,428 | -€9,663 | -29.2% |
| Suppliers | 440/4 | €33,091 | €23,428 | -€9,663 | -29.2% |
| Taxes, remuneration and social security | 45 | €27,724 | €15,202 | -€12,522 | -45.2% |
| Taxes | 450/3 | €27,724 | €15,202 | -€12,522 | -45.2% |
| Other amounts payable | 47/48 | €2,000 | €2,000 | = | 0.0% |
| Turnover | 70 | €192,735 | €223,056 | +€30,321 | +15.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €136,597 | €163,671 | +€27,074 | +19.8% |
| Other operating charges | 640/8 | €2,700 | €973 | -€1,727 | -64.0% |
| Gross operating margin | 9900 | €56,138 | €59,385 | +€3,247 | +5.8% |
| Operating profit (loss) | 9901 | €53,438 | €58,412 | +€4,974 | +9.3% |
| Financial income | 75/76B | €157 | €96 | -€61 | -38.9% |
| Recurring financial income | 75 | €157 | €96 | -€61 | -38.9% |
| Financial charges | 65/66B | €639 | €2,143 | +€1,505 | +235.6% |
| Recurring financial charges | 65 | €639 | €2,143 | +€1,505 | +235.6% |
| Profit (loss) for the period before taxes | 9903 | €52,956 | €56,365 | +€3,408 | +6.4% |
| Income taxes | 67/77 | - | €36,913 | +€36,913 | |
| Profit (loss) for the period | 9904 | €52,956 | €19,451 | -€33,505 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,956 | €19,451 | -€33,505 | -63.3% |
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 10 October 2026 via checked.be.