APJ 73: 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.
APJ 73
Largest movements
- Tangible fixed assets -€27,393
down €27,393 (-95.0%), from €28,827 to €1,434
- Cash +€22,284
up €22,284 (+301%), from €7,412 to €29,696
mainly Investment in fixed assets (net) (+€26,677) and Tax, wage and social debts (+€3,938)
- Receivables within one year +€6,289
up €6,289 (+472%), from €1,331 to €7,620
of which Trade receivables: +€6,410
- Stocks and contracts +€3,125
new in 2022: €3,125
- Deferred charges and accrued income -€610
down €610 (-95.6%), from €638 to €28
- Tax, wage and social debts +€3,938
up €3,938 (+60.1%), from €6,548 to €10,486
- Trade debts -€1,220
down €1,220 (-72.6%), from €1,680 to €460
- Profit (loss) carried forward +€978
up €978 (+4.0%), from €24,187 to €25,164
- Gross operating margin -€26,949
down €26,949 (-75.7%), from €35,607 to €8,658
- Taxes -€5,304
down €5,304 (-81.0%), from €6,548 to €1,245
- Other operating charges +€4,531
up €4,531 (+429%), from €1,057 to €5,588
- Depreciation -€3,057
down €3,057 (-81.0%), from €3,773 to €716
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 | €38,208 | €41,904 | +€3,696 | +9.7% |
| Fixed assets | 21/28 | €28,827 | €1,434 | -€27,393 | -95.0% |
| Tangible fixed assets | 22/27 | €28,827 | €1,434 | -€27,393 | -95.0% |
| Furniture and vehicles | 24 | €28,827 | €1,434 | -€27,393 | -95.0% |
| Current assets | 29/58 | €9,382 | €40,470 | +€31,088 | +331% |
| Stocks and contracts in progress | 3 | - | €3,125 | +€3,125 | |
| Stocks | 30/36 | - | €3,125 | +€3,125 | |
| Amounts receivable within one year | 40/41 | €1,331 | €7,620 | +€6,289 | +472% |
| Trade receivables | 40 | €1,210 | €7,620 | +€6,410 | +530% |
| Other amounts receivable | 41 | €121 | - | -€121 | |
| Cash at bank and in hand | 54/58 | €7,412 | €29,696 | +€22,284 | +301% |
| Deferred charges and accrued income | 490/1 | €638 | €28 | -€610 | -95.6% |
| Total equity and liabilities | 10/49 | €38,208 | €41,904 | +€3,696 | +9.7% |
| Equity | 10/15 | €27,187 | €28,164 | +€978 | +3.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | - | -€3,000 | |
| Issued capital | 100 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €24,187 | €25,164 | +€978 | +4.0% |
| Amounts payable | 17/49 | €11,022 | €13,739 | +€2,718 | +24.7% |
| Amounts payable within one year | 42/48 | €11,022 | €13,739 | +€2,718 | +24.7% |
| Trade debts | 44 | €1,680 | €460 | -€1,220 | -72.6% |
| Suppliers | 440/4 | €1,680 | €460 | -€1,220 | -72.6% |
| Taxes, remuneration and social security | 45 | €6,548 | €10,486 | +€3,938 | +60.1% |
| Taxes | 450/3 | €6,548 | €10,486 | +€3,938 | +60.1% |
| Other amounts payable | 47/48 | €2,793 | €2,793 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,773 | €716 | -€3,057 | -81.0% |
| Other operating charges | 640/8 | €1,057 | €5,588 | +€4,531 | +429% |
| Gross operating margin | 9900 | €35,607 | €8,658 | -€26,949 | -75.7% |
| Operating profit (loss) | 9901 | €30,777 | €2,355 | -€28,422 | -92.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €42 | €132 | +€90 | +215% |
| Recurring financial charges | 65 | €42 | €132 | +€90 | +215% |
| Profit (loss) for the period before taxes | 9903 | €30,735 | €2,222 | -€28,513 | -92.8% |
| Income taxes | 67/77 | €6,548 | €1,245 | -€5,304 | -81.0% |
| Profit (loss) for the period | 9904 | €24,187 | €978 | -€23,209 | -96.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,187 | €978 | -€23,209 | -96.0% |
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 18 October 2026 via checked.be.