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BAEMI: what changed

Two fiscal 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

BAEMI

BE 0846.887.994
fiscal year 2021 against 2022filed annual accounts (NBB)
Net result for the year
-€2,639
2021 · -€10,217+€7,577
Equity
€126
2021 · €2,766-€2,639
Cash
€4,205
2021 · €2,471+€1,734
Balance sheet total
€22,991
2021 · €39,920-€16,929

Largest movements

2021 to 2022
Assets
  • Stocks and contracts -€16,945

    down €16,945 (-48.4%), from €34,998 to €18,052

  • Cash +€1,734

    up €1,734 (+70.2%), from €2,471 to €4,205

    mainly Stocks and contracts (+€16,945) and Receivables within one year (+€989)

  • Receivables within one year -€989

    down €989 (-91.3%), from €1,084 to €94

    of which Other amounts receivable: -€932

  • Deferred charges and accrued income -€618

    no longer reported in 2022 (was €618)

Equity and liabilities
  • Other debts -€10,872

    down €10,872 (-34.6%), from €31,404 to €20,532

  • Profit (loss) carried forward -€2,639

    down €2,639 (-16.7%), from -€15,784 to -€18,424

  • Trade debts -€2,012

    down €2,012 (-63.0%), from €3,195 to €1,183

  • Tax, wage and social debts -€1,406

    down €1,406 (-55.0%), from €2,556 to €1,150

    of which Remuneration and social security: -€1,361

Income statement
  • Staff costs -€17,715

    down €17,715 (-75.9%), from €23,337 to €5,622

  • Gross operating margin -€11,388

    down €11,388 (-64.3%), from €17,715 to €6,327

  • Other operating charges -€1,690

    down €1,690 (-72.0%), from €2,348 to €658

  • Financial charges +€615

    up €615 (+30.7%), from €2,002 to €2,618

From the 2021 result to the 2022 result

effect on the 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 -€10,217
Gross operating margin -€11,388
Staff costs +€17,715
Depreciation +€133
Other operating charges +€1,690
Financial income +€42
Financial charges -€615
Result 2022 -€2,639

Cash bridge derived

cash 2021 to 2022

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 +€1,734
Investment €0
Financing €0
Cash 2021 €2,471
Net result for the year -€2,639
Depreciation +€111
Stocks and contracts +€16,945
Receivables within one year +€989
Deferred charges and accrued income +€618
Trade debts -€2,012
Tax, wage and social debts -€1,406
Other debts -€10,872
Cash 2022 €4,205
Every line side by side 36 lines
Line Code 2021 2022 Change %
Total assets 20/58 €39,920 €22,991 -€16,929 -42.4%
Fixed assets 21/28 €750 €639 -€111 -14.8%
Tangible fixed assets 22/27 €750 €639 -€111 -14.8%
Other tangible fixed assets 26 €750 €639 -€111 -14.8%
Current assets 29/58 €39,170 €22,352 -€16,818 -42.9%
Stocks and contracts in progress 3 €34,998 €18,052 -€16,945 -48.4%
Stocks 30/36 €34,998 €18,052 -€16,945 -48.4%
Amounts receivable within one year 40/41 €1,084 €94 -€989 -91.3%
Trade receivables 40 €57 - -€57
Other amounts receivable 41 €1,027 €94 -€932 -90.8%
Cash at bank and in hand 54/58 €2,471 €4,205 +€1,734 +70.2%
Deferred charges and accrued income 490/1 €618 - -€618
Total equity and liabilities 10/49 €39,920 €22,991 -€16,929 -42.4%
Equity 10/15 €2,766 €126 -€2,639 -95.4%
Contributions 10/11 €18,550 €18,550 = 0.0%
Profit (loss) carried forward 14 -€15,784 -€18,424 -€2,639 -16.7%
Amounts payable 17/49 €37,154 €22,865 -€14,290 -38.5%
Amounts payable within one year 42/48 €37,154 €22,865 -€14,290 -38.5%
Trade debts 44 €3,195 €1,183 -€2,012 -63.0%
Suppliers 440/4 €3,195 €1,183 -€2,012 -63.0%
Taxes, remuneration and social security 45 €2,556 €1,150 -€1,406 -55.0%
Taxes 450/3 €44 - -€44
Remuneration and social security 454/9 €2,511 €1,150 -€1,361 -54.2%
Other amounts payable 47/48 €31,404 €20,532 -€10,872 -34.6%
Remuneration, social security and pensions 62 €23,337 €5,622 -€17,715 -75.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €244 €111 -€133 -54.5%
Other operating charges 640/8 €2,348 €658 -€1,690 -72.0%
Gross operating margin 9900 €17,715 €6,327 -€11,388 -64.3%
Operating profit (loss) 9901 -€8,215 -€64 +€8,151 +99.2%
Financial income 75/76B €0 €42 +€42 +9971.4%
Recurring financial income 75 €0 €42 +€42 +9971.4%
Financial charges 65/66B €2,002 €2,618 +€615 +30.7%
Recurring financial charges 65 €2,002 €2,618 +€615 +30.7%
Profit (loss) for the period before taxes 9903 -€10,217 -€2,639 +€7,577 +74.2%
Profit (loss) for the period 9904 -€10,217 -€2,639 +€7,577 +74.2%
Profit (loss) for the period to be appropriated 9905 -€10,217 -€2,639 +€7,577 +74.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.