BELGA-MET: what changed
BELGA-MET
Largest movements
- Receivables within one year +€81,179
up €81,179 (+118%), from €68,545 to €149,724
of which Trade receivables: +€75,568
- Cash +€29,719
up €29,719 (+415%), from €7,162 to €36,881
mainly Net result for the year (+€46,235) and Trade debts (+€38,475)
- Deferred charges and accrued income +€3,983
up €3,983 (+563%), from €708 to €4,691
- Tangible fixed assets -€2,353
down €2,353 (-70.6%), from €3,333 to €980
- Profit (loss) carried forward +€46,235
up €46,235, from -€10,143 to €36,092
- Trade debts +€38,475
up €38,475 (+62.5%), from €61,590 to €100,065
- Tax, wage and social debts +€28,621
up €28,621 (+1,162%), from €2,463 to €31,084
of which Taxes: +€23,331
- Gross operating margin +€76,355
up €76,355 (+630%), from €12,114 to €88,469
- Taxes +€19,215
new in 2022: €19,215
- Staff costs +€3,445
up €3,445 (+21.3%), from €16,167 to €19,612
- Depreciation -€2,621
down €2,621 (-52.7%), from €4,974 to €2,353
- Other operating charges -€1,293
down €1,293 (-97.3%), from €1,329 to €36
Change in the result, 2021 to 2022
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2021 and 2022 balance sheets and the 2022 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,808 | €192,336 | +€112,528 | +141% |
| Fixed assets | 21/28 | €3,393 | €1,040 | -€2,353 | -69.3% |
| Tangible fixed assets | 22/27 | €3,333 | €980 | -€2,353 | -70.6% |
| Plant, machinery and equipment | 23 | €3,333 | €980 | -€2,353 | -70.6% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €76,415 | €191,296 | +€114,881 | +150% |
| Amounts receivable within one year | 40/41 | €68,545 | €149,724 | +€81,179 | +118% |
| Trade receivables | 40 | €63,176 | €138,744 | +€75,568 | +120% |
| Other amounts receivable | 41 | €5,369 | €10,980 | +€5,611 | +105% |
| Cash at bank and in hand | 54/58 | €7,162 | €36,881 | +€29,719 | +415% |
| Deferred charges and accrued income | 490/1 | €708 | €4,691 | +€3,983 | +563% |
| Total equity and liabilities | 10/49 | €79,808 | €192,336 | +€112,528 | +141% |
| Equity | 10/15 | €8,457 | €54,692 | +€46,235 | +547% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,143 | €36,092 | +€46,235 | |
| Amounts payable | 17/49 | €71,351 | €137,644 | +€66,293 | +92.9% |
| Amounts payable within one year | 42/48 | €71,351 | €137,644 | +€66,293 | +92.9% |
| Trade debts | 44 | €61,590 | €100,065 | +€38,475 | +62.5% |
| Suppliers | 440/4 | €61,590 | €100,065 | +€38,475 | +62.5% |
| Taxes, remuneration and social security | 45 | €2,463 | €31,084 | +€28,621 | +1,162% |
| Taxes | 450/3 | - | €23,331 | +€23,331 | |
| Remuneration and social security | 454/9 | €2,463 | €7,753 | +€5,290 | +215% |
| Other amounts payable | 47/48 | €7,298 | €6,495 | -€803 | -11.0% |
| Remuneration, social security and pensions | 62 | €16,167 | €19,612 | +€3,445 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,974 | €2,353 | -€2,621 | -52.7% |
| Other operating charges | 640/8 | €1,329 | €36 | -€1,293 | -97.3% |
| Gross operating margin | 9900 | €12,114 | €88,469 | +€76,355 | +630% |
| Operating profit (loss) | 9901 | -€10,356 | €66,468 | +€76,824 | |
| Financial income | 75/76B | €80 | €938 | +€858 | +1,073% |
| Recurring financial income | 75 | €80 | €938 | +€858 | +1,073% |
| Financial charges | 65/66B | €2,278 | €1,956 | -€322 | -14.1% |
| Recurring financial charges | 65 | €2,278 | €1,956 | -€322 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,554 | €65,450 | +€78,004 | |
| Income taxes | 67/77 | - | €19,215 | +€19,215 | |
| Profit (loss) for the period | 9904 | -€12,554 | €46,235 | +€58,789 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,554 | €46,235 | +€58,789 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.