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BAHAR: 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

BAHAR

BE 0712.916.544
fiscal year 2021 against 2022filed annual accounts (NBB)
Net result for the year
-€5,266
2021 · €3,000-€8,266
Equity
€17,749
2021 · €23,016-€5,266
Cash
€5,089
2021 · €17,949-€12,860
Balance sheet total
€26,678
2021 · €38,566-€11,888

Largest movements

2021 to 2022
Assets
  • Receivables within one year +€14,040

    up €14,040 (+830.6%), from €1,690 to €15,731

    of which Trade receivables: +€15,042

  • Tangible fixed assets -€13,069

    down €13,069 (-98.1%), from €13,327 to €258

    of which Furniture and vehicles: -€12,802

  • Cash -€12,860

    down €12,860 (-71.6%), from €17,949 to €5,089

    mainly Receivables within one year (-€14,040) and Debts after one year (-€6,178)

Equity and liabilities
  • Debts after one year -€6,178

    no longer reported in 2022 (was €6,178)

  • Profit (loss) carried forward -€5,266

    down €5,266 (-31.7%), from €16,598 to €11,332

  • Accrued charges and deferred income -€1,509

    no longer reported in 2022 (was €1,509)

  • Tax, wage and social debts +€773

    up €773 (+76.8%), from €1,007 to €1,780

Income statement
  • Staff costs +€16,975

    up €16,975 (+220.1%), from €7,711 to €24,685

  • Gross operating margin +€16,209

    up €16,209 (+98.0%), from €16,547 to €32,756

  • Depreciation -€3,950

    down €3,950 (-93.7%), from €4,217 to €267

  • Taxes -€1,300

    no longer reported in 2022 (was €1,300)

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 €3,000
Gross operating margin +€16,209
Staff costs -€16,975
Depreciation +€3,950
Other operating items -€12,802
Financial charges +€52
Taxes +€1,300
Result 2022 -€5,266

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 -€19,484
Investment +€12,802
Financing -€6,178
Cash 2021 €17,949
Net result for the year -€5,266
Depreciation +€267
Receivables within one year -€14,040
Trade debts +€56
Tax, wage and social debts +€773
Other debts +€236
Accrued charges and deferred income -€1,509
Investment in fixed assets (net) +€12,802
Debts after one year -€6,178
Cash 2022 €5,089
Every line side by side 40 lines
Line Code 2021 2022 Change %
Total assets 20/58 €38,566 €26,678 -€11,888 -30.8%
Fixed assets 21/28 €13,327 €258 -€13,069 -98.1%
Tangible fixed assets 22/27 €13,327 €258 -€13,069 -98.1%
Plant, machinery and equipment 23 €525 €258 -€267 -50.9%
Furniture and vehicles 24 €12,802 - -€12,802
Current assets 29/58 €25,239 €26,420 +€1,180 +4.7%
Stocks and contracts in progress 3 €5,600 €5,600 = 0.0%
Stocks 30/36 €5,600 €5,600 = 0.0%
Amounts receivable within one year 40/41 €1,690 €15,731 +€14,040 +830.6%
Trade receivables 40 - €15,042 +€15,042
Other amounts receivable 41 €1,690 €689 -€1,002 -59.3%
Cash at bank and in hand 54/58 €17,949 €5,089 -€12,860 -71.6%
Total equity and liabilities 10/49 €38,566 €26,678 -€11,888 -30.8%
Equity 10/15 €23,016 €17,749 -€5,266 -22.9%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €218 €218 = 0.0%
Non-distributable reserves 130/1 €218 €218 = 0.0%
Reserves not available under the articles 1311 €218 €218 = 0.0%
Profit (loss) carried forward 14 €16,598 €11,332 -€5,266 -31.7%
Amounts payable 17/49 €15,551 €8,928 -€6,622 -42.6%
Amounts payable after more than one year 17 €6,178 - -€6,178
Financial debts 170/4 €6,178 - -€6,178
Amounts payable within one year 42/48 €7,863 €8,928 +€1,065 +13.5%
Trade debts 44 €4,264 €4,320 +€56 +1.3%
Suppliers 440/4 €4,264 €4,320 +€56 +1.3%
Taxes, remuneration and social security 45 €1,007 €1,780 +€773 +76.8%
Remuneration and social security 454/9 €1,007 €1,780 +€773 +76.8%
Other amounts payable 47/48 €2,592 €2,828 +€236 +9.1%
Accrued charges and deferred income 492/3 €1,509 - -€1,509
Remuneration, social security and pensions 62 €7,711 €24,685 +€16,975 +220.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,217 €267 -€3,950 -93.7%
Non-recurring operating charges 66A - €12,802 +€12,802
Gross operating margin 9900 €16,547 €32,756 +€16,209 +98.0%
Operating profit (loss) 9901 €4,620 -€4,998 -€9,618
Financial charges 65/66B €320 €268 -€52 -16.2%
Recurring financial charges 65 €320 €268 -€52 -16.2%
Profit (loss) for the period before taxes 9903 €4,300 -€5,266 -€9,566
Income taxes 67/77 €1,300 - -€1,300
Profit (loss) for the period 9904 €3,000 -€5,266 -€8,266
Profit (loss) for the period to be appropriated 9905 €3,000 -€5,266 -€8,266

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 28 September 2026 via checked.be.