Bado Group: 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.
Bado Group
Largest movements
- Receivables within one year +€93,659
up €93,659 (+120.2%), from €77,918 to €171,577
of which Trade receivables: +€50,455
- Trade debts +€40,273
new in 2022: €40,273
- Profit (loss) carried forward +€34,608
up €34,608 (+56.8%), from €60,895 to €95,502
- Tax, wage and social debts +€18,913
up €18,913 (+102.9%), from €18,374 to €37,286
- Gross operating margin -€31,957
down €31,957 (-40.3%), from €79,246 to €47,289
- Taxes -€6,947
down €6,947 (-44.1%), from €15,767 to €8,820
- Financial charges +€2,390
up €2,390 (+212.7%), from €1,124 to €3,514
- Other operating charges -€1,114
down €1,114 (-76.2%), from €1,461 to €348
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 | €79,268 | €173,111 | +€93,843 | +118.4% |
| Fixed assets | 21/28 | €1,350 | €1,350 | = | 0.0% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €77,918 | €171,761 | +€93,843 | +120.4% |
| Amounts receivable within one year | 40/41 | €77,918 | €171,577 | +€93,659 | +120.2% |
| Trade receivables | 40 | - | €50,455 | +€50,455 | |
| Other amounts receivable | 41 | €77,918 | €121,123 | +€43,204 | +55.4% |
| Cash at bank and in hand | 54/58 | - | €184 | +€184 | |
| Total equity and liabilities | 10/49 | €79,268 | €173,111 | +€93,843 | +118.4% |
| Equity | 10/15 | €60,895 | €95,502 | +€34,608 | +56.8% |
| Profit (loss) carried forward | 14 | €60,895 | €95,502 | +€34,608 | +56.8% |
| Amounts payable | 17/49 | €18,374 | €77,609 | +€59,235 | +322.4% |
| Amounts payable within one year | 42/48 | €18,374 | €77,609 | +€59,235 | +322.4% |
| Trade debts | 44 | - | €40,273 | +€40,273 | |
| Suppliers | 440/4 | - | €40,273 | +€40,273 | |
| Taxes, remuneration and social security | 45 | €18,374 | €37,286 | +€18,913 | +102.9% |
| Taxes | 450/3 | €18,374 | €37,286 | +€18,913 | +102.9% |
| Other amounts payable | 47/48 | - | €50 | +€50 | |
| Other operating charges | 640/8 | €1,461 | €348 | -€1,114 | -76.2% |
| Gross operating margin | 9900 | €79,246 | €47,289 | -€31,957 | -40.3% |
| Operating profit (loss) | 9901 | €77,785 | €46,941 | -€30,844 | -39.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,124 | €3,514 | +€2,390 | +212.7% |
| Recurring financial charges | 65 | €1,124 | €3,514 | +€2,390 | +212.7% |
| Profit (loss) for the period before taxes | 9903 | €76,662 | €43,428 | -€33,234 | -43.4% |
| Income taxes | 67/77 | €15,767 | €8,820 | -€6,947 | -44.1% |
| Profit (loss) for the period | 9904 | €60,895 | €34,608 | -€26,287 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60,895 | €34,608 | -€26,287 | -43.2% |
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 10 October 2026 via checked.be.