AV CREATIONS: 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.
AV CREATIONS
Largest movements
- Tangible fixed assets +€5,224
new in 2022: €5,224
- Deferred charges and accrued income +€2,866
new in 2022: €2,866
- Cash -€2,156
down €2,156 (-25.9%), from €8,312 to €6,155
mainly Net result for the year (-€29,216) and Investment in fixed assets (net) (-€5,969)
- Receivables within one year +€1,316
up €1,316 (+3.7%), from €36,020 to €37,336
of which Trade receivables: +€1,316
- Profit (loss) carried forward -€29,216
down €29,216 (-79.7%), from -€36,641 to -€65,857
- Trade debts +€24,598
up €24,598 (+34.8%), from €70,583 to €95,181
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Tax, wage and social debts -€4,854
down €4,854 (-93.5%), from €5,190 to €336
- Other debts +€4,020
new in 2022: €4,020
- Gross operating margin -€38,422
down €38,422, from €7,785 to -€30,637
- Financial income +€2,866
new in 2022: €2,866
- Depreciation +€1,045
new in 2022: €1,045
- Financial charges -€361
down €361, from €229 to -€132
- Other operating charges +€323
up €323 (+155%), from €209 to €531
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 | €45,332 | €52,280 | +€6,949 | +15.3% |
| Fixed assets | 21/28 | €1,000 | €5,924 | +€4,924 | +492% |
| Tangible fixed assets | 22/27 | - | €5,224 | +€5,224 | |
| Furniture and vehicles | 24 | - | €5,224 | +€5,224 | |
| Financial fixed assets | 28 | €1,000 | €700 | -€300 | -30.0% |
| Current assets | 29/58 | €44,332 | €46,357 | +€2,025 | +4.6% |
| Amounts receivable within one year | 40/41 | €36,020 | €37,336 | +€1,316 | +3.7% |
| Trade receivables | 40 | €269 | €1,585 | +€1,316 | +488% |
| Other amounts receivable | 41 | €35,751 | €35,751 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,312 | €6,155 | -€2,156 | -25.9% |
| Deferred charges and accrued income | 490/1 | - | €2,866 | +€2,866 | |
| Total equity and liabilities | 10/49 | €45,332 | €52,280 | +€6,949 | +15.3% |
| Equity | 10/15 | -€30,441 | -€47,257 | -€16,816 | -55.2% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Capital | 10 | €6,200 | €18,600 | +€12,400 | +200% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Profit (loss) carried forward | 14 | -€36,641 | -€65,857 | -€29,216 | -79.7% |
| Amounts payable | 17/49 | €75,773 | €99,538 | +€23,765 | +31.4% |
| Amounts payable within one year | 42/48 | €75,773 | €99,538 | +€23,765 | +31.4% |
| Trade debts | 44 | €70,583 | €95,181 | +€24,598 | +34.8% |
| Suppliers | 440/4 | €70,583 | €95,181 | +€24,598 | +34.8% |
| Taxes, remuneration and social security | 45 | €5,190 | €336 | -€4,854 | -93.5% |
| Taxes | 450/3 | €5,190 | €336 | -€4,854 | -93.5% |
| Other amounts payable | 47/48 | - | €4,020 | +€4,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,045 | +€1,045 | |
| Other operating charges | 640/8 | €209 | €531 | +€323 | +155% |
| Gross operating margin | 9900 | €7,785 | -€30,637 | -€38,422 | |
| Operating profit (loss) | 9901 | €7,577 | -€32,214 | -€39,791 | |
| Financial income | 75/76B | - | €2,866 | +€2,866 | |
| Recurring financial income | 75 | - | €2,866 | +€2,866 | |
| Financial charges | 65/66B | €229 | -€132 | -€361 | |
| Recurring financial charges | 65 | €229 | -€132 | -€361 | |
| Profit (loss) for the period before taxes | 9903 | €7,348 | -€29,216 | -€36,564 | |
| Profit (loss) for the period | 9904 | €7,348 | -€29,216 | -€36,564 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,348 | -€29,216 | -€36,564 |
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.