WORLD PRINT: what changed
Two fiscal 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.
WORLD PRINT
Largest movements
- Receivables within one year -€55,857
down €55,857 (-90.9%), from €61,425 to €5,567
of which Trade receivables: -€55,762
- Stocks and contracts +€19,342
up €19,342 (+15.9%), from €121,370 to €140,713
- Cash +€11,925
up €11,925 (+263.3%), from €4,529 to €16,454
mainly Receivables within one year (+€55,857) and Depreciation (+€14,521)
- Tangible fixed assets -€8,789
down €8,789 (-21.4%), from €40,985 to €32,196
of which Furniture and vehicles: -€6,437
- Intangible fixed assets -€5,732
down €5,732 (-13.7%), from €41,723 to €35,991
- Trade debts -€21,418
down €21,418 (-29.6%), from €72,375 to €50,958
- Other debts -€13,864
down €13,864 (-59.5%), from €23,286 to €9,422
- Current portion of long-term debt -€4,938
down €4,938 (-16.5%), from €29,849 to €24,911
- Tax, wage and social debts -€4,534
down €4,534 (-17.5%), from €25,884 to €21,350
of which Taxes: -€3,451
- Debts after one year +€4,514
up €4,514 (+15.4%), from €29,397 to €33,911
- Gross operating margin -€36,120
down €36,120 (-44.4%), from €81,265 to €45,145
- Taxes -€9,571
down €9,571 (-90.3%), from €10,604 to €1,033
- Financial charges -€2,535
down €2,535 (-35.3%), from €7,187 to €4,651
- Staff costs +€2,435
up €2,435 (+12.3%), from €19,850 to €22,285
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.
Cash bridge derived
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 | €278,678 | €239,050 | -€39,628 | -14.2% |
| Fixed assets | 21/28 | €90,837 | €76,316 | -€14,521 | -16.0% |
| Intangible fixed assets | 21 | €41,723 | €35,991 | -€5,732 | -13.7% |
| Tangible fixed assets | 22/27 | €40,985 | €32,196 | -€8,789 | -21.4% |
| Plant, machinery and equipment | 23 | €7,036 | €4,684 | -€2,352 | -33.4% |
| Furniture and vehicles | 24 | €33,948 | €27,511 | -€6,437 | -19.0% |
| Financial fixed assets | 28 | €8,129 | €8,129 | = | 0.0% |
| Current assets | 29/58 | €187,841 | €162,733 | -€25,107 | -13.4% |
| Stocks and contracts in progress | 3 | €121,370 | €140,713 | +€19,342 | +15.9% |
| Stocks | 30/36 | €121,370 | €140,713 | +€19,342 | +15.9% |
| Amounts receivable within one year | 40/41 | €61,425 | €5,567 | -€55,857 | -90.9% |
| Trade receivables | 40 | €60,304 | €4,542 | -€55,762 | -92.5% |
| Other amounts receivable | 41 | €1,120 | €1,025 | -€95 | -8.5% |
| Cash at bank and in hand | 54/58 | €4,529 | €16,454 | +€11,925 | +263.3% |
| Deferred charges and accrued income | 490/1 | €517 | - | -€517 | |
| Total equity and liabilities | 10/49 | €278,678 | €239,050 | -€39,628 | -14.2% |
| Equity | 10/15 | €96,386 | €98,498 | +€2,112 | +2.2% |
| Contributions | 10/11 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Reserves | 13 | - | €1,860 | +€1,860 | |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Own shares acquired | 1312 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €75,926 | €78,038 | +€2,112 | +2.8% |
| Amounts payable | 17/49 | €182,292 | €140,552 | -€41,740 | -22.9% |
| Amounts payable after more than one year | 17 | €29,397 | €33,911 | +€4,514 | +15.4% |
| Financial debts | 170/4 | €29,397 | €33,911 | +€4,514 | +15.4% |
| Amounts payable within one year | 42/48 | €152,895 | €106,641 | -€46,254 | -30.3% |
| Current portion of amounts payable after more than one year | 42 | €29,849 | €24,911 | -€4,938 | -16.5% |
| Trade debts | 44 | €72,375 | €50,958 | -€21,418 | -29.6% |
| Suppliers | 440/4 | €72,375 | €50,958 | -€21,418 | -29.6% |
| Advances received on contracts in progress | 46 | €1,500 | - | -€1,500 | |
| Taxes, remuneration and social security | 45 | €25,884 | €21,350 | -€4,534 | -17.5% |
| Taxes | 450/3 | €24,800 | €21,350 | -€3,451 | -13.9% |
| Remuneration and social security | 454/9 | €1,083 | - | -€1,083 | |
| Other amounts payable | 47/48 | €23,286 | €9,422 | -€13,864 | -59.5% |
| Remuneration, social security and pensions | 62 | €19,850 | €22,285 | +€2,435 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,521 | €14,521 | = | 0.0% |
| Other operating charges | 640/8 | €1,207 | €543 | -€664 | -55.0% |
| Gross operating margin | 9900 | €81,265 | €45,145 | -€36,120 | -44.4% |
| Operating profit (loss) | 9901 | €45,688 | €7,796 | -€37,892 | -82.9% |
| Financial charges | 65/66B | €7,187 | €4,651 | -€2,535 | -35.3% |
| Recurring financial charges | 65 | €7,187 | €4,651 | -€2,535 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €38,501 | €3,145 | -€35,356 | -91.8% |
| Income taxes | 67/77 | €10,604 | €1,033 | -€9,571 | -90.3% |
| Profit (loss) for the period | 9904 | €27,897 | €2,112 | -€25,785 | -92.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,897 | €2,112 | -€25,785 | -92.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.