WHITE SPACE LAB: 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.
WHITE SPACE LAB
Largest movements
- Cash +€4,971
up €4,971 (+5.8%), from €85,331 to €90,302
mainly Receivables within one year (+€3,235) and Net result for the year (+€2,274)
- Receivables within one year -€3,235
down €3,235 (-62.5%), from €5,172 to €1,937
of which Trade receivables: -€3,003
- Advances received -€2,750
no longer reported in 2023 (was €2,750)
- Profit (loss) carried forward +€2,274
up €2,274 (+4.6%), from €49,292 to €51,566
- Tax, wage and social debts +€1,417
up €1,417 (+8.1%), from €17,418 to €18,834
of which Taxes: +€917
- Gross operating margin -€1,688
down €1,688 (-23.3%), from €7,255 to €5,567
- Depreciation +€873
up €873 (+63.1%), from €1,384 to €2,257
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 | €98,018 | €99,418 | +€1,400 | +1.4% |
| Fixed assets | 21/28 | €7,516 | €7,069 | -€447 | -5.9% |
| Tangible fixed assets | 22/27 | €7,516 | €7,069 | -€447 | -5.9% |
| Furniture and vehicles | 24 | €7,516 | €7,069 | -€447 | -5.9% |
| Current assets | 29/58 | €90,502 | €92,349 | +€1,847 | +2.0% |
| Amounts receivable within one year | 40/41 | €5,172 | €1,937 | -€3,235 | -62.5% |
| Trade receivables | 40 | €3,027 | €24 | -€3,003 | -99.2% |
| Other amounts receivable | 41 | €2,145 | €1,913 | -€231 | -10.8% |
| Cash at bank and in hand | 54/58 | €85,331 | €90,302 | +€4,971 | +5.8% |
| Deferred charges and accrued income | 490/1 | - | €110 | +€110 | |
| Total equity and liabilities | 10/49 | €98,018 | €99,418 | +€1,400 | +1.4% |
| Equity | 10/15 | €57,352 | €59,626 | +€2,274 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,292 | €51,566 | +€2,274 | +4.6% |
| Amounts payable | 17/49 | €40,666 | €39,792 | -€874 | -2.1% |
| Amounts payable within one year | 42/48 | €40,666 | €39,792 | -€874 | -2.1% |
| Trade debts | 44 | €4,609 | €5,135 | +€526 | +11.4% |
| Suppliers | 440/4 | €4,609 | €5,135 | +€526 | +11.4% |
| Advances received on contracts in progress | 46 | €2,750 | - | -€2,750 | |
| Taxes, remuneration and social security | 45 | €17,418 | €18,834 | +€1,417 | +8.1% |
| Taxes | 450/3 | €1,201 | €2,118 | +€917 | +76.3% |
| Remuneration and social security | 454/9 | €16,217 | €16,717 | +€500 | +3.1% |
| Other amounts payable | 47/48 | €15,890 | €15,823 | -€67 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,384 | €2,257 | +€873 | +63.1% |
| Gross operating margin | 9900 | €7,255 | €5,567 | -€1,688 | -23.3% |
| Operating profit (loss) | 9901 | €5,871 | €3,310 | -€2,561 | -43.6% |
| Financial charges | 65/66B | €147 | €120 | -€27 | -18.1% |
| Recurring financial charges | 65 | €147 | €120 | -€27 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €5,725 | €3,190 | -€2,534 | -44.3% |
| Income taxes | 67/77 | €875 | €917 | +€41 | +4.7% |
| Profit (loss) for the period | 9904 | €4,850 | €2,274 | -€2,576 | -53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,850 | €2,274 | -€2,576 | -53.1% |
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 23 October 2026 via checked.be.