B-Tree: 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.
B-Tree
Largest movements
- Cash +€22,340
up €22,340 (+104.6%), from €21,366 to €43,706
mainly Net result for the year (+€19,340) and Depreciation (+€11,594)
- Tangible fixed assets -€8,957
down €8,957 (-18.2%), from €49,263 to €40,306
of which Leasing and similar rights: -€8,805
- Receivables within one year +€2,655
up €2,655 (+7.8%), from €33,871 to €36,526
of which Trade receivables: +€7,400
- Reserves +€19,340
up €19,340 (+80.3%), from €24,070 to €43,410
of which Distributable reserves: +€19,340
- Debts after one year -€8,724
down €8,724 (-26.2%), from €33,266 to €24,541
- Other debts +€2,291
up €2,291 (+18.6%), from €12,327 to €14,618
- Tax, wage and social debts +€1,400
up €1,400 (+5.7%), from €24,643 to €26,043
of which Taxes: +€2,876
- Gross operating margin +€17,264
up €17,264 (+69.5%), from €24,839 to €42,103
- Depreciation +€6,933
up €6,933 (+148.8%), from €4,661 to €11,594
- Taxes +€3,023
up €3,023 (+57.4%), from €5,264 to €8,287
- Other operating charges +€720
up €720 (+73.7%), from €977 to €1,698
- Financial charges -€433
down €433 (-26.8%), from €1,617 to €1,185
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.
Cash bridge derived
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 | €105,491 | €120,753 | +€15,262 | +14.5% |
| Fixed assets | 21/28 | €49,263 | €40,306 | -€8,957 | -18.2% |
| Tangible fixed assets | 22/27 | €49,263 | €40,306 | -€8,957 | -18.2% |
| Plant, machinery and equipment | 23 | €6,571 | €5,005 | -€1,566 | -23.8% |
| Furniture and vehicles | 24 | €887 | €2,301 | +€1,414 | +159.4% |
| Leasing and similar rights | 25 | €41,805 | €33,000 | -€8,805 | -21.1% |
| Current assets | 29/58 | €56,228 | €80,447 | +€24,219 | +43.1% |
| Amounts receivable within one year | 40/41 | €33,871 | €36,526 | +€2,655 | +7.8% |
| Trade receivables | 40 | €28,135 | €35,535 | +€7,400 | +26.3% |
| Other amounts receivable | 41 | €5,736 | €991 | -€4,745 | -82.7% |
| Cash at bank and in hand | 54/58 | €21,366 | €43,706 | +€22,340 | +104.6% |
| Deferred charges and accrued income | 490/1 | €991 | €215 | -€776 | -78.3% |
| Total equity and liabilities | 10/49 | €105,491 | €120,753 | +€15,262 | +14.5% |
| Equity | 10/15 | €25,557 | €44,897 | +€19,340 | +75.7% |
| Contributions | 10/11 | €1,487 | €1,487 | = | 0.0% |
| Reserves | 13 | €24,070 | €43,410 | +€19,340 | +80.3% |
| Non-distributable reserves | 130/1 | €149 | €149 | = | 0.0% |
| Reserves not available under the articles | 1311 | €149 | €149 | = | 0.0% |
| Distributable reserves | 133 | €23,921 | €43,261 | +€19,340 | +80.8% |
| Amounts payable | 17/49 | €79,934 | €75,856 | -€4,078 | -5.1% |
| Amounts payable after more than one year | 17 | €33,266 | €24,541 | -€8,724 | -26.2% |
| Financial debts | 170/4 | €33,266 | €24,541 | -€8,724 | -26.2% |
| Amounts payable within one year | 42/48 | €46,317 | €50,462 | +€4,145 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €8,620 | €8,001 | -€619 | -7.2% |
| Trade debts | 44 | €727 | €1,799 | +€1,072 | +147.5% |
| Suppliers | 440/4 | €727 | €1,799 | +€1,072 | +147.5% |
| Taxes, remuneration and social security | 45 | €24,643 | €26,043 | +€1,400 | +5.7% |
| Taxes | 450/3 | €7,479 | €10,355 | +€2,876 | +38.5% |
| Remuneration and social security | 454/9 | €17,164 | €15,688 | -€1,476 | -8.6% |
| Other amounts payable | 47/48 | €12,327 | €14,618 | +€2,291 | +18.6% |
| Accrued charges and deferred income | 492/3 | €351 | €853 | +€502 | +142.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,661 | €11,594 | +€6,933 | +148.8% |
| Other operating charges | 640/8 | €977 | €1,698 | +€720 | +73.7% |
| Gross operating margin | 9900 | €24,839 | €42,103 | +€17,264 | +69.5% |
| Operating profit (loss) | 9901 | €19,202 | €28,812 | +€9,610 | +50.0% |
| Financial income | 75/76B | €97 | €0 | -€97 | -100.0% |
| Recurring financial income | 75 | €97 | €0 | -€97 | -100.0% |
| Financial charges | 65/66B | €1,617 | €1,185 | -€433 | -26.8% |
| Recurring financial charges | 65 | €1,617 | €1,185 | -€433 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €17,681 | €27,627 | +€9,946 | +56.3% |
| Income taxes | 67/77 | €5,264 | €8,287 | +€3,023 | +57.4% |
| Profit (loss) for the period | 9904 | €12,417 | €19,340 | +€6,923 | +55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,417 | €19,340 | +€6,923 | +55.8% |
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 11 October 2026 via checked.be.