Willy DE NEEF: 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.
Willy DE NEEF
Largest movements
- Deferred charges and accrued income -€13,031
no longer reported in 2023 (was €13,031)
- Cash -€12,746
down €12,746 (-8.7%), from €146,632 to €133,886
mainly Tax, wage and social debts (-€15,092) and Net result for the year (-€10,918)
- Tangible fixed assets -€9,088
no longer reported in 2023 (was €9,088)
of which Furniture and vehicles: -€7,051
- Receivables within one year +€7,680
up €7,680 (+3.4%), from €228,915 to €236,595
of which Other amounts receivable: +€11,734
- Tax, wage and social debts -€15,092
down €15,092 (-79.9%), from €18,896 to €3,804
of which Taxes: -€8,952
- Profit (loss) carried forward -€10,918
down €10,918 (-4.6%), from €236,169 to €225,251
- Gross operating margin -€80,964
down €80,964, from €74,152 to -€6,812
- Staff costs -€48,816
down €48,816 (-97.6%), from €50,025 to €1,208
- Financial income -€14,829
down €14,829 (-100.0%), from €14,829 to €0
- Taxes -€9,751
down €9,751 (-99.7%), from €9,777 to €26
- Depreciation -€6,686
down €6,686 (-82.0%), from €8,154 to €1,468
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 | €397,852 | €370,481 | -€27,370 | -6.9% |
| Fixed assets | 21/28 | €9,273 | - | -€9,273 | |
| Tangible fixed assets | 22/27 | €9,088 | - | -€9,088 | |
| Plant, machinery and equipment | 23 | €2,038 | - | -€2,038 | |
| Furniture and vehicles | 24 | €7,051 | - | -€7,051 | |
| Financial fixed assets | 28 | €185 | - | -€185 | |
| Current assets | 29/58 | €388,579 | €370,481 | -€18,097 | -4.7% |
| Amounts receivable within one year | 40/41 | €228,915 | €236,595 | +€7,680 | +3.4% |
| Trade receivables | 40 | €4,054 | - | -€4,054 | |
| Other amounts receivable | 41 | €224,861 | €236,595 | +€11,734 | +5.2% |
| Cash at bank and in hand | 54/58 | €146,632 | €133,886 | -€12,746 | -8.7% |
| Deferred charges and accrued income | 490/1 | €13,031 | - | -€13,031 | |
| Total equity and liabilities | 10/49 | €397,852 | €370,481 | -€27,370 | -6.9% |
| Equity | 10/15 | €377,595 | €366,678 | -€10,918 | -2.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €122,426 | €122,426 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,500 | €17,500 | = | 0.0% |
| Distributable reserves | 133 | €103,026 | €103,026 | = | 0.0% |
| Profit (loss) carried forward | 14 | €236,169 | €225,251 | -€10,918 | -4.6% |
| Amounts payable | 17/49 | €20,256 | €3,804 | -€16,453 | -81.2% |
| Amounts payable within one year | 42/48 | €20,256 | €3,804 | -€16,453 | -81.2% |
| Trade debts | 44 | €1,360 | - | -€1,360 | |
| Suppliers | 440/4 | €1,360 | - | -€1,360 | |
| Taxes, remuneration and social security | 45 | €18,896 | €3,804 | -€15,092 | -79.9% |
| Taxes | 450/3 | €12,756 | €3,804 | -€8,952 | -70.2% |
| Remuneration and social security | 454/9 | €6,140 | - | -€6,140 | |
| Remuneration, social security and pensions | 62 | €50,025 | €1,208 | -€48,816 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,154 | €1,468 | -€6,686 | -82.0% |
| Other operating charges | 640/8 | €1,228 | €761 | -€467 | -38.1% |
| Non-recurring operating charges | 66A | €75 | €570 | +€495 | +660% |
| Gross operating margin | 9900 | €74,152 | -€6,812 | -€80,964 | |
| Operating profit (loss) | 9901 | €14,671 | -€10,819 | -€25,490 | |
| Financial income | 75/76B | €14,829 | €0 | -€14,829 | -100.0% |
| Recurring financial income | 75 | €14,829 | €0 | -€14,829 | -100.0% |
| Financial charges | 65/66B | €124 | €73 | -€52 | -41.6% |
| Recurring financial charges | 65 | €124 | €73 | -€52 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €29,376 | -€10,892 | -€40,267 | |
| Income taxes | 67/77 | €9,777 | €26 | -€9,751 | -99.7% |
| Profit (loss) for the period | 9904 | €19,598 | -€10,918 | -€30,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,598 | -€10,918 | -€30,516 |
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 20 October 2026 via checked.be.