A.K. GISTEL: 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.
What changed
A.K. GISTEL
NACE 01.110, Growing of cereals (except rice), leguminous crops and oil seeds
financial year 2022 compared with 2021filed annual accounts (NBB)
Net result for the year
-€93,401
2021 · -€101,003+€7,602
Equity
-€156,563
2021 · -€63,161-€93,401
Cash
€1,845
2021 · €3,774-€1,929
Balance sheet total
€781,987
2021 · €876,675-€94,688
Largest movements
Assets
- Receivables within one year -€64,511
down €64,511 (-38.9%), from €166,049 to €101,539
of which Trade receivables: -€64,528
- Stocks and contracts -€27,136
down €27,136 (-3.9%), from €700,551 to €673,415
Equity and liabilities
- Profit (loss) carried forward -€93,401
down €93,401 (-42.9%), from -€217,904 to -€311,305
Income statement
- Gross operating margin +€9,118
up €9,118 (+12.4%), from -€73,619 to -€64,501
- Taxes +€753
new in 2022: €753
From the 2021 result to the 2022 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.
Result 2021
-€101,003
Gross operating margin
+€9,118
Staff costs
-€520
Depreciation
+€0
Other operating charges
-€222
Financial income
-€3
Financial charges
-€19
Taxes
-€753
Result 2022
-€93,401
raises the resultlowers the result
Derived cash bridge
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€4,431
Investment
€0
Financing
+€2,502
Cash 2021
€3,774
From operations (derived)
-€4,431
Net result for the year
-€93,401
Depreciation
+€1,187
Stocks and contracts
+€27,136
Receivables within one year
+€64,511
Deferred charges and accrued income
-€75
Trade debts
+€4,296
Tax, wage and social debts
-€8,084
Financing
+€2,502
Debts after one year
+€2,502
Cash 2022
€1,845
brings cash intakes cash out
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €876,675 | €781,987 | -€94,688 | -10.8% |
| Fixed assets | 21/28 | €6,300 | €5,114 | -€1,187 | -18.8% |
| Tangible fixed assets | 22/27 | €1,187 | - | -€1,187 | |
| Plant, machinery and equipment | 23 | €1,187 | - | -€1,187 | |
| Financial fixed assets | 28 | €5,114 | €5,114 | = | 0.0% |
| Current assets | 29/58 | €870,375 | €776,874 | -€93,501 | -10.7% |
| Stocks and contracts in progress | 3 | €700,551 | €673,415 | -€27,136 | -3.9% |
| Stocks | 30/36 | €700,551 | €673,415 | -€27,136 | -3.9% |
| Amounts receivable within one year | 40/41 | €166,049 | €101,539 | -€64,511 | -38.9% |
| Trade receivables | 40 | €166,049 | €101,521 | -€64,528 | -38.9% |
| Other amounts receivable | 41 | - | €17 | +€17 | |
| Cash at bank and in hand | 54/58 | €3,774 | €1,845 | -€1,929 | -51.1% |
| Deferred charges and accrued income | 490/1 | - | €75 | +€75 | |
| Total equity and liabilities | 10/49 | €876,675 | €781,987 | -€94,688 | -10.8% |
| Equity | 10/15 | -€63,161 | -€156,563 | -€93,401 | -148% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €4,743 | €4,743 | = | 0.0% |
| Non-distributable reserves | 130/1 | €243 | €243 | = | 0.0% |
| Reserves not available under the articles | 1311 | €243 | €243 | = | 0.0% |
| Distributable reserves | 133 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€217,904 | -€311,305 | -€93,401 | -42.9% |
| Amounts payable | 17/49 | €939,836 | €938,550 | -€1,286 | -0.1% |
| Amounts payable after more than one year | 17 | €341,088 | €343,589 | +€2,502 | +0.7% |
| Other amounts payable | 178/9 | €341,088 | €343,589 | +€2,502 | +0.7% |
| Amounts payable within one year | 42/48 | €598,748 | €594,960 | -€3,788 | -0.6% |
| Financial debts | 43 | €400,004 | €400,004 | = | 0.0% |
| Credit institutions | 430/8 | €400,004 | €400,004 | = | 0.0% |
| Trade debts | 44 | €188,041 | €192,336 | +€4,296 | +2.3% |
| Suppliers | 440/4 | €188,041 | €192,336 | +€4,296 | +2.3% |
| Taxes, remuneration and social security | 45 | €10,703 | €2,620 | -€8,084 | -75.5% |
| Taxes | 450/3 | €1,381 | €350 | -€1,031 | -74.6% |
| Remuneration and social security | 454/9 | €9,323 | €2,270 | -€7,053 | -75.7% |
| Non-recurring operating income | 76A | €4,708 | - | -€4,708 | |
| Remuneration, social security and pensions | 62 | €8,712 | €9,232 | +€520 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,187 | €1,187 | -€0 | 0.0% |
| Other operating charges | 640/8 | €435 | €656 | +€222 | +51.0% |
| Gross operating margin | 9900 | -€73,619 | -€64,501 | +€9,118 | +12.4% |
| Operating profit (loss) | 9901 | -€83,953 | -€75,576 | +€8,376 | +10.0% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €17,053 | €17,072 | +€19 | +0.1% |
| Recurring financial charges | 65 | €17,053 | €17,072 | +€19 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€101,003 | -€92,648 | +€8,355 | +8.3% |
| Income taxes | 67/77 | - | €753 | +€753 | |
| Profit (loss) for the period | 9904 | -€101,003 | -€93,401 | +€7,602 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€101,003 | -€93,401 | +€7,602 | +7.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.