Yvon COLLARD: 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.
Yvon COLLARD
Largest movements
- Stocks and contracts -€1.5m
down €1.5m (-100%), from €1.5m to €0
- Cash +€512,961
up €512,961 (+452%), from €113,502 to €626,463
mainly Stocks and contracts (+€1.5m) and Receivables within one year (+€112,075)
- Receivables within one year -€112,075
down €112,075 (-65.7%), from €170,486 to €58,411
of which Trade receivables: -€169,119
- Trade debts -€1.1m
down €1.1m (-96.5%), from €1.2m to €41,178
- Advances received +€92,943
new in 2023: €92,943
- Profit (loss) carried forward -€64,899
down €64,899 (-10.5%), from -€617,339 to -€682,238
- Purchases and services +€2.9m
new in 2023: €2.9m
- Gross operating margin +€400,443
up €400,443 (+87.8%), from -€456,303 to -€55,861
- Write-downs -€60,632
no longer reported in 2023 (was €60,632)
- Financial charges -€24,770
down €24,770 (-73.0%), from €33,935 to €9,165
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 | €1,786,742 | €686,124 | -€1.1m | -61.6% |
| Fixed assets | 21/28 | €1,250 | €1,250 | = | 0.0% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €1,785,492 | €684,874 | -€1.1m | -61.6% |
| Stocks and contracts in progress | 3 | €1,500,000 | €0 | -€1.5m | -100% |
| Stocks | 30/36 | €1,500,000 | €0 | -€1.5m | -100% |
| Amounts receivable within one year | 40/41 | €170,486 | €58,411 | -€112,075 | -65.7% |
| Trade receivables | 40 | €169,119 | - | -€169,119 | |
| Other amounts receivable | 41 | €1,368 | €58,411 | +€57,043 | +4,170% |
| Cash at bank and in hand | 54/58 | €113,502 | €626,463 | +€512,961 | +452% |
| Deferred charges and accrued income | 490/1 | €1,503 | €0 | -€1,503 | -100% |
| Total equity and liabilities | 10/49 | €1,786,742 | €686,124 | -€1.1m | -61.6% |
| Equity | 10/15 | -€114,203 | -€179,102 | -€64,899 | -56.8% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Capital | 10 | €350,000 | - | -€350,000 | |
| Issued capital | 100 | €350,000 | - | -€350,000 | |
| Reserves | 13 | €153,136 | €153,136 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,131 | €7,131 | = | 0.0% |
| Legal reserve | 130 | €7,131 | - | -€7,131 | |
| Reserves not available under the articles | 1311 | - | €7,131 | +€7,131 | |
| Distributable reserves | 133 | €146,005 | €146,005 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€617,339 | -€682,238 | -€64,899 | -10.5% |
| Amounts payable | 17/49 | €1,900,945 | €865,226 | -€1.0m | -54.5% |
| Amounts payable within one year | 42/48 | €1,900,945 | €865,226 | -€1.0m | -54.5% |
| Trade debts | 44 | €1,166,761 | €41,178 | -€1.1m | -96.5% |
| Suppliers | 440/4 | €1,166,761 | €41,178 | -€1.1m | -96.5% |
| Advances received on contracts in progress | 46 | - | €92,943 | +€92,943 | |
| Taxes, remuneration and social security | 45 | €1,400 | €0 | -€1,400 | -100% |
| Taxes | 450/3 | €1,400 | €0 | -€1,400 | -100% |
| Other amounts payable | 47/48 | €732,783 | €731,105 | -€1,678 | -0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,874,411 | +€2.9m | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €60,632 | - | -€60,632 | |
| Non-recurring operating charges | 66A | €11,801 | - | -€11,801 | |
| Gross operating margin | 9900 | -€456,303 | -€55,861 | +€400,443 | +87.8% |
| Operating profit (loss) | 9901 | -€528,736 | -€55,861 | +€472,876 | +89.4% |
| Financial income | 75/76B | €0 | €127 | +€127 | +1,265,700% |
| Recurring financial income | 75 | €0 | €127 | +€127 | +1,265,700% |
| Financial charges | 65/66B | €33,935 | €9,165 | -€24,770 | -73.0% |
| Recurring financial charges | 65 | €33,935 | €9,165 | -€24,770 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | -€562,671 | -€64,899 | +€497,772 | +88.5% |
| Income taxes | 67/77 | €206 | - | -€206 | |
| Profit (loss) for the period | 9904 | -€562,876 | -€64,899 | +€497,977 | +88.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€562,876 | -€64,899 | +€497,977 | +88.5% |
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 27 October 2026 via checked.be.