TWO MINUTES: 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.
TWO MINUTES
Largest movements
- Tangible fixed assets +€7,420
up €7,420 (+549%), from €1,352 to €8,772
- Cash +€4,023
up €4,023 (+52.7%), from €7,631 to €11,654
mainly Net result for the year (+€7,320) and Tax, wage and social debts (+€4,613)
- Receivables within one year -€528
down €528 (-5.5%), from €9,661 to €9,133
of which Other amounts receivable: -€1,722
- Profit (loss) carried forward +€7,320
up €7,320 (+14.1%), from -€51,811 to -€44,491
- Tax, wage and social debts +€4,613
up €4,613 (+809%), from €570 to €5,183
- Other debts -€4,492
down €4,492 (-7.9%), from €56,806 to €52,314
- Trade debts +€2,887
up €2,887 (+225%), from €1,284 to €4,171
- Accrued charges and deferred income +€587
up €587 (+119%), from €495 to €1,082
- Gross operating margin -€18,677
down €18,677 (-54.3%), from €34,374 to €15,696
- Taxes -€4,899
down €4,899 (-50.9%), from €9,623 to €4,723
- Depreciation +€1,916
up €1,916 (+3,386%), from €57 to €1,972
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.
Derived cash bridge
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 | €19,744 | €30,659 | +€10,915 | +55.3% |
| Fixed assets | 21/28 | €2,352 | €9,772 | +€7,420 | +316% |
| Tangible fixed assets | 22/27 | €1,352 | €8,772 | +€7,420 | +549% |
| Furniture and vehicles | 24 | €1,352 | €8,772 | +€7,420 | +549% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €17,392 | €20,887 | +€3,495 | +20.1% |
| Amounts receivable within one year | 40/41 | €9,661 | €9,133 | -€528 | -5.5% |
| Trade receivables | 40 | €3,370 | €4,564 | +€1,194 | +35.4% |
| Other amounts receivable | 41 | €6,291 | €4,569 | -€1,722 | -27.4% |
| Cash at bank and in hand | 54/58 | €7,631 | €11,654 | +€4,023 | +52.7% |
| Deferred charges and accrued income | 490/1 | €100 | €100 | = | 0.0% |
| Total equity and liabilities | 10/49 | €19,744 | €30,659 | +€10,915 | +55.3% |
| Equity | 10/15 | -€39,411 | -€32,091 | +€7,320 | +18.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,811 | -€44,491 | +€7,320 | +14.1% |
| Amounts payable | 17/49 | €59,155 | €62,750 | +€3,595 | +6.1% |
| Amounts payable within one year | 42/48 | €58,661 | €61,668 | +€3,007 | +5.1% |
| Trade debts | 44 | €1,284 | €4,171 | +€2,887 | +225% |
| Suppliers | 440/4 | €1,284 | €4,171 | +€2,887 | +225% |
| Taxes, remuneration and social security | 45 | €570 | €5,183 | +€4,613 | +809% |
| Taxes | 450/3 | €570 | €5,183 | +€4,613 | +809% |
| Other amounts payable | 47/48 | €56,806 | €52,314 | -€4,492 | -7.9% |
| Accrued charges and deferred income | 492/3 | €495 | €1,082 | +€587 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57 | €1,972 | +€1,916 | +3,386% |
| Other operating charges | 640/8 | €1,023 | €1,102 | +€79 | +7.7% |
| Gross operating margin | 9900 | €34,374 | €15,696 | -€18,677 | -54.3% |
| Operating profit (loss) | 9901 | €33,294 | €12,622 | -€20,672 | -62.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €819 | €578 | -€241 | -29.4% |
| Recurring financial charges | 65 | €819 | €578 | -€241 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €32,475 | €12,044 | -€20,431 | -62.9% |
| Income taxes | 67/77 | €9,623 | €4,723 | -€4,899 | -50.9% |
| Profit (loss) for the period | 9904 | €22,852 | €7,320 | -€15,532 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,852 | €7,320 | -€15,532 | -68.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.