A & S: 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.
A & S
Largest movements
- Stocks and contracts +€1,385
up €1,385 (+23.1%), from €5,998 to €7,382
- Cash -€1,335
down €1,335 (-98.3%), from €1,358 to €24
mainly Trade debts (-€16,706) and Other debts (-€5,469)
- Receivables within one year +€133
up €133 (+5.6%), from €2,398 to €2,531
- Profit (loss) carried forward +€22,018
up €22,018 (+39.0%), from -€56,419 to -€34,401
- Trade debts -€16,706
down €16,706 (-43.4%), from €38,499 to €21,793
- Other debts -€5,469
down €5,469 (-31.2%), from €17,513 to €12,045
- Contributions +€1,550
up €1,550 (+23.8%), from €6,500 to €8,050
- Tax, wage and social debts -€1,209
down €1,209 (-33.0%), from €3,661 to €2,451
- Turnover +€95,029
up €95,029 (+49.6%), from €191,533 to €286,561
- Gross operating margin +€64,584
up €64,584 (+1,520%), from €4,248 to €68,832
- Purchases and services +€30,445
up €30,445 (+16.3%), from €187,285 to €217,729
- Staff costs +€19,474
up €19,474 (+80.0%), from €24,332 to €43,806
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.
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.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,754 | €9,937 | +€183 | +1.9% |
| Current assets | 29/58 | €9,754 | €9,937 | +€183 | +1.9% |
| Stocks and contracts in progress | 3 | €5,998 | €7,382 | +€1,385 | +23.1% |
| Stocks | 30/36 | €5,998 | €7,382 | +€1,385 | +23.1% |
| Amounts receivable within one year | 40/41 | €2,398 | €2,531 | +€133 | +5.6% |
| Other amounts receivable | 41 | €2,398 | €2,531 | +€133 | +5.6% |
| Cash at bank and in hand | 54/58 | €1,358 | €24 | -€1,335 | -98.3% |
| Total equity and liabilities | 10/49 | €9,754 | €9,937 | +€183 | +1.9% |
| Equity | 10/15 | -€49,919 | -€26,351 | +€23,568 | +47.2% |
| Contributions | 10/11 | €6,500 | €8,050 | +€1,550 | +23.8% |
| Profit (loss) carried forward | 14 | -€56,419 | -€34,401 | +€22,018 | +39.0% |
| Amounts payable | 17/49 | €59,673 | €36,288 | -€23,384 | -39.2% |
| Amounts payable within one year | 42/48 | €59,673 | €36,288 | -€23,384 | -39.2% |
| Trade debts | 44 | €38,499 | €21,793 | -€16,706 | -43.4% |
| Suppliers | 440/4 | €38,499 | €21,793 | -€16,706 | -43.4% |
| Taxes, remuneration and social security | 45 | €3,661 | €2,451 | -€1,209 | -33.0% |
| Remuneration and social security | 454/9 | €3,661 | €2,451 | -€1,209 | -33.0% |
| Other amounts payable | 47/48 | €17,513 | €12,045 | -€5,469 | -31.2% |
| Turnover | 70 | €191,533 | €286,561 | +€95,029 | +49.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €187,285 | €217,729 | +€30,445 | +16.3% |
| Remuneration, social security and pensions | 62 | €24,332 | €43,806 | +€19,474 | +80.0% |
| Other operating charges | 640/8 | €327 | €2,709 | +€2,382 | +729% |
| Gross operating margin | 9900 | €4,248 | €68,832 | +€64,584 | +1,520% |
| Operating profit (loss) | 9901 | -€20,410 | €22,317 | +€42,728 | |
| Financial charges | 65/66B | €258 | €300 | +€41 | +16.1% |
| Recurring financial charges | 65 | €258 | €300 | +€41 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,669 | €22,018 | +€42,686 | |
| Profit (loss) for the period | 9904 | -€20,669 | €22,018 | +€42,686 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,669 | €22,018 | +€42,686 |
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 13 October 2026 via checked.be.