B.C. REALTY: 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
B.C. REALTY
financial year 2022 compared with 2021filed annual accounts (NBB)
Net result for the year
€16,171
2021 · -€72,595+€88,766
Equity
€403,277
2021 · €387,106+€16,171
Cash
€331
2021 · €650-€319
Balance sheet total
€3.6m
2021 · €4.6m-€1.0m
Largest movements
Assets
- Current investments -€950,004
no longer reported in 2022 (was €950,004)
- Tangible fixed assets -€164,638
down €164,638 (-5.7%), from €2.9m to €2.7m
of which Land and buildings: -€144,988
- Receivables within one year +€67,076
up €67,076 (+20.0%), from €334,897 to €401,973
Equity and liabilities
- Debts after one year -€975,429
down €975,429 (-26.6%), from €3.7m to €2.7m
- Trade debts -€64,427
down €64,427 (-45.9%), from €140,273 to €75,846
Income statement
- Financial charges -€118,107
down €118,107 (-60.2%), from €196,145 to €78,038
of which Non-recurring financial charges: -€141,577
- Write-downs +€32,644
no longer reported in 2022 (was -€32,644)
- Taxes -€2,590
down €2,590, from €2,020 to -€570
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
-€72,595
Gross operating margin
-€1,214
Depreciation
-€139
Write-downs
-€32,644
Other operating charges
+€2,024
Financial income
+€41
Financial charges
+€118,107
Taxes
+€2,590
Result 2022
€16,171
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
+€6,967
Investment
+€969,654
Financing
-€976,940
Cash 2021
€650
From operations (derived)
+€6,967
Net result for the year
+€16,171
Depreciation
+€144,988
Receivables after one year
-€20,308
Receivables within one year
-€67,076
Trade debts
-€64,427
Tax, wage and social debts
-€2,382
Investment (derived)
+€969,654
Investment in fixed assets (net)
+€19,650
Current investments
+€950,004
Financing
-€976,940
Debts after one year
-€975,429
Current portion of long-term debt
-€26,975
Short-term financial debts
+€25,465
Cash 2022
€331
brings cash intakes cash out
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,579,486 | €3,551,909 | -€1.0m | -22.4% |
| Fixed assets | 21/28 | €2,904,118 | €2,739,480 | -€164,638 | -5.7% |
| Tangible fixed assets | 22/27 | €2,904,118 | €2,739,480 | -€164,638 | -5.7% |
| Land and buildings | 22 | €2,880,806 | €2,735,818 | -€144,988 | -5.0% |
| Furniture and vehicles | 24 | €23,311 | €3,661 | -€19,650 | -84.3% |
| Current assets | 29/58 | €1,675,369 | €812,429 | -€862,939 | -51.5% |
| Amounts receivable after more than one year | 29 | €389,818 | €410,126 | +€20,308 | +5.2% |
| Other amounts receivable | 291 | €389,818 | €410,126 | +€20,308 | +5.2% |
| Amounts receivable within one year | 40/41 | €334,897 | €401,973 | +€67,076 | +20.0% |
| Trade receivables | 40 | €334,897 | €401,973 | +€67,076 | +20.0% |
| Current investments | 50/53 | €950,004 | - | -€950,004 | |
| Cash at bank and in hand | 54/58 | €650 | €331 | -€319 | -49.1% |
| Total equity and liabilities | 10/49 | €4,579,486 | €3,551,909 | -€1.0m | -22.4% |
| Equity | 10/15 | €387,106 | €403,277 | +€16,171 | +4.2% |
| Contributions | 10/11 | €20,150 | €20,150 | = | 0.0% |
| Revaluation surpluses | 12 | €376,133 | €376,133 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,176 | €1,994 | +€16,171 | |
| Amounts payable | 17/49 | €4,192,380 | €3,148,632 | -€1.0m | -24.9% |
| Amounts payable after more than one year | 17 | €3,671,078 | €2,695,648 | -€975,429 | -26.6% |
| Financial debts | 170/4 | €3,671,078 | €2,695,648 | -€975,429 | -26.6% |
| Amounts payable within one year | 42/48 | €521,302 | €452,984 | -€68,319 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €240,441 | €213,466 | -€26,975 | -11.2% |
| Financial debts | 43 | €98,826 | €124,291 | +€25,465 | +25.8% |
| Credit institutions | 430/8 | €98,826 | €124,291 | +€25,465 | +25.8% |
| Trade debts | 44 | €140,273 | €75,846 | -€64,427 | -45.9% |
| Suppliers | 440/4 | €140,273 | €75,846 | -€64,427 | -45.9% |
| Advances received on contracts in progress | 46 | €7,344 | €7,344 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,569 | €187 | -€2,382 | -92.7% |
| Taxes | 450/3 | €2,569 | €187 | -€2,382 | -92.7% |
| Other amounts payable | 47/48 | €31,850 | €31,850 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,849 | €144,988 | +€139 | +0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€32,644 | - | +€32,644 | |
| Other operating charges | 640/8 | €20,077 | €18,053 | -€2,024 | -10.1% |
| Gross operating margin | 9900 | €257,224 | €256,010 | -€1,214 | -0.5% |
| Operating profit (loss) | 9901 | €124,941 | €92,969 | -€31,972 | -25.6% |
| Financial income | 75/76B | €629 | €671 | +€41 | +6.6% |
| Recurring financial income | 75 | €629 | €671 | +€41 | +6.6% |
| Financial charges | 65/66B | €196,145 | €78,038 | -€118,107 | -60.2% |
| Recurring financial charges | 65 | €54,569 | €78,038 | +€23,470 | +43.0% |
| Non-recurring financial charges | 66B | €141,577 | - | -€141,577 | |
| Profit (loss) for the period before taxes | 9903 | -€70,574 | €15,601 | +€86,176 | |
| Income taxes | 67/77 | €2,020 | -€570 | -€2,590 | |
| Profit (loss) for the period | 9904 | -€72,595 | €16,171 | +€88,766 | |
| Profit (loss) for the period to be appropriated | 9905 | -€72,595 | €16,171 | +€88,766 |
Source: filed annual accounts (NBB), financial years ended 30 June 2021 and 30 June 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.