v.V.S.: 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.
v.V.S.
Largest movements
- Current assets +€11,013
up €11,013 (+139.6%), from €7,890 to €18,904
of which Receivables within one year: +€6,819
- Tangible fixed assets -€8,233
down €8,233 (-48.9%), from €16,829 to €8,596
- Debts +€4,689
up €4,689 (+93.0%), from €5,042 to €9,731
of which Debts within one year: +€4,730
- Equity -€1,909
down €1,909 (-9.7%), from €19,678 to €17,769
of which Profit (loss) carried forward: -€1,909
- Gross operating margin +€9,461
up €9,461 (+4372.6%), from €216 to €9,677
- Taxes +€1,879
up €1,879 (+1543.2%), from €122 to €2,000
- Other operating charges +€847
new in 2023: €847
- Financial charges +€763
new in 2023: €763
- Depreciation +€565
up €565 (+13.3%), from €4,246 to €4,811
From the 2021 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,719 | €27,499 | +€2,780 | +11.2% |
| Fixed assets | 21/28 | €16,829 | €8,596 | -€8,233 | -48.9% |
| Tangible fixed assets | 22/27 | €16,829 | €8,596 | -€8,233 | -48.9% |
| Land and buildings | 22 | - | €7,617 | +€7,617 | |
| Plant, machinery and equipment | 23 | - | €978 | +€978 | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €7,890 | €18,904 | +€11,013 | +139.6% |
| Amounts receivable within one year | 40/41 | €2,990 | €9,809 | +€6,819 | +228.1% |
| Trade receivables | 40 | - | €5,189 | +€5,189 | |
| Other amounts receivable | 41 | - | €4,621 | +€4,621 | |
| Cash at bank and in hand | 54/58 | €4,772 | €3,615 | -€1,158 | -24.3% |
| Deferred charges and accrued income | 490/1 | - | €5,479 | +€5,479 | |
| Total equity and liabilities | 10/49 | €24,719 | €27,499 | +€2,780 | +11.2% |
| Equity | 10/15 | €19,678 | €17,769 | -€1,909 | -9.7% |
| Contributions | 10/11 | - | €110 | +€110 | |
| Reserves | 13 | €19,385 | €19,385 | = | 0.0% |
| Distributable reserves | 133 | - | €19,385 | +€19,385 | |
| Profit (loss) carried forward | 14 | €182 | -€1,726 | -€1,909 | |
| Amounts payable | 17/49 | €5,042 | €9,731 | +€4,689 | +93.0% |
| Amounts payable within one year | 42/48 | €4,653 | €9,383 | +€4,730 | +101.6% |
| Trade debts | 44 | €2,683 | €4,917 | +€2,234 | +83.3% |
| Suppliers | 440/4 | - | €4,917 | +€4,917 | |
| Taxes, remuneration and social security | 45 | - | €4,466 | +€4,466 | |
| Taxes | 450/3 | - | €4,466 | +€4,466 | |
| Accrued charges and deferred income | 492/3 | - | €348 | +€348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,246 | €4,811 | +€565 | +13.3% |
| Other operating charges | 640/8 | - | €847 | +€847 | |
| Gross operating margin | 9900 | €216 | €9,677 | +€9,461 | +4372.6% |
| Operating profit (loss) | 9901 | -€5,225 | €4,019 | +€9,244 | |
| Financial income | 75/76B | - | €356 | +€356 | |
| Recurring financial income | 75 | €52 | €356 | +€304 | +584.6% |
| Financial charges | 65/66B | - | €763 | +€763 | |
| Recurring financial charges | 65 | €687 | €763 | +€75 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,860 | €3,613 | +€9,473 | |
| Income taxes | 67/77 | €122 | €2,000 | +€1,879 | +1543.2% |
| Profit (loss) for the period | 9904 | -€5,982 | €1,612 | +€7,594 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,982 | €1,612 | +€7,594 |
Source: filed annual accounts (NBB), financial years ended 30 June 2021 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.