VERHAERT Dave: 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.
VERHAERT Dave
Largest movements
- Receivables within one year +€36,928
up €36,928 (+60.4%), from €61,130 to €98,058
of which Other amounts receivable: +€31,603
- Cash -€3,504
down €3,504 (-88.1%), from €3,979 to €475
mainly Receivables within one year (-€36,928) and Investment in fixed assets (net) (-€1,852)
- Tangible fixed assets +€1,852
new in 2023: €1,852
- Reserves +€22,014
up €22,014 (+46.2%), from €47,655 to €69,668
of which Distributable reserves: +€22,014
- Tax, wage and social debts +€12,454
up €12,454 (+357%), from €3,485 to €15,939
- Gross operating margin +€19,384
up €19,384 (+152%), from €12,742 to €32,126
- Taxes +€9,354
up €9,354 (+284%), from €3,293 to €12,646
- Financial charges -€1,384
down €1,384 (-79.8%), from €1,735 to €351
- Other operating charges -€958
down €958 (-45.8%), from €2,093 to €1,135
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 | €68,973 | €104,404 | +€35,431 | +51.4% |
| Fixed assets | 21/28 | - | €1,852 | +€1,852 | |
| Tangible fixed assets | 22/27 | - | €1,852 | +€1,852 | |
| Plant, machinery and equipment | 23 | - | €1,852 | +€1,852 | |
| Current assets | 29/58 | €68,973 | €102,552 | +€33,579 | +48.7% |
| Amounts receivable within one year | 40/41 | €61,130 | €98,058 | +€36,928 | +60.4% |
| Trade receivables | 40 | €1,683 | €7,008 | +€5,325 | +317% |
| Other amounts receivable | 41 | €59,447 | €91,050 | +€31,603 | +53.2% |
| Cash at bank and in hand | 54/58 | €3,979 | €475 | -€3,504 | -88.1% |
| Deferred charges and accrued income | 490/1 | €3,865 | €4,020 | +€155 | +4.0% |
| Total equity and liabilities | 10/49 | €68,973 | €104,404 | +€35,431 | +51.4% |
| Equity | 10/15 | €63,205 | €85,218 | +€22,014 | +34.8% |
| Contributions | 10/11 | €15,550 | €15,550 | = | 0.0% |
| Reserves | 13 | €47,655 | €69,668 | +€22,014 | +46.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €45,800 | €67,813 | +€22,014 | +48.1% |
| Amounts payable | 17/49 | €5,769 | €19,186 | +€13,418 | +233% |
| Amounts payable within one year | 42/48 | €5,769 | €19,186 | +€13,418 | +233% |
| Trade debts | 44 | €2,283 | €3,247 | +€964 | +42.2% |
| Suppliers | 440/4 | €2,283 | €3,247 | +€964 | +42.2% |
| Taxes, remuneration and social security | 45 | €3,485 | €15,939 | +€12,454 | +357% |
| Taxes | 450/3 | €3,485 | €15,939 | +€12,454 | +357% |
| Other operating charges | 640/8 | €2,093 | €1,135 | -€958 | -45.8% |
| Gross operating margin | 9900 | €12,742 | €32,126 | +€19,384 | +152% |
| Operating profit (loss) | 9901 | €10,649 | €30,991 | +€20,343 | +191% |
| Financial income | 75/76B | €3,865 | €4,020 | +€155 | +4.0% |
| Recurring financial income | 75 | €3,865 | €4,020 | +€155 | +4.0% |
| Financial charges | 65/66B | €1,735 | €351 | -€1,384 | -79.8% |
| Recurring financial charges | 65 | €1,735 | €351 | -€1,384 | -79.8% |
| Profit (loss) for the period before taxes | 9903 | €12,779 | €34,660 | +€21,882 | +171% |
| Income taxes | 67/77 | €3,293 | €12,646 | +€9,354 | +284% |
| Profit (loss) for the period | 9904 | €9,486 | €22,014 | +€12,528 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €9,486 | €22,014 | +€12,528 | +132% |
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 28 October 2026 via checked.be.