BELGABIZ: 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.
BELGABIZ
Largest movements
- Cash -€60,529
down €60,529 (-29.3%), from €206,729 to €146,199
mainly Net result for the year (-€46,689) and Current portion of long-term debt (-€16,527)
- Tangible fixed assets -€15,000
down €15,000 (-16.7%), from €90,000 to €75,000
- Receivables within one year +€6,906
up €6,906 (+22.2%), from €31,164 to €38,070
of which Other amounts receivable: +€6,906
- Profit (loss) carried forward -€46,689
down €46,689 (-32.9%), from €141,851 to €95,161
- Current portion of long-term debt -€16,527
no longer reported in 2022 (was €16,527)
- Financial income -€61,000
no longer reported in 2022 (was €61,000)
- Purchases and services +€28,166
new in 2022: €28,166
- Gross operating margin +€9,829
up €9,829 (+27.1%), from -€36,246 to -€26,418
- Financial charges -€2,426
down €2,426 (-69.1%), from €3,511 to €1,085
- Depreciation -€1,983
down €1,983 (-11.7%), from €16,983 to €15,000
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.
Derived cash bridge
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 | €327,893 | €259,270 | -€68,623 | -20.9% |
| Fixed assets | 21/28 | €90,000 | €75,000 | -€15,000 | -16.7% |
| Tangible fixed assets | 22/27 | €90,000 | €75,000 | -€15,000 | -16.7% |
| Land and buildings | 22 | €90,000 | €75,000 | -€15,000 | -16.7% |
| Current assets | 29/58 | €237,893 | €184,270 | -€53,623 | -22.5% |
| Amounts receivable within one year | 40/41 | €31,164 | €38,070 | +€6,906 | +22.2% |
| Trade receivables | 40 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 41 | €26,164 | €33,070 | +€6,906 | +26.4% |
| Cash at bank and in hand | 54/58 | €206,729 | €146,199 | -€60,529 | -29.3% |
| Total equity and liabilities | 10/49 | €327,893 | €259,270 | -€68,623 | -20.9% |
| Equity | 10/15 | €184,253 | €137,564 | -€46,689 | -25.3% |
| Contributions | 10/11 | €12,403 | €12,403 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,851 | €95,161 | -€46,689 | -32.9% |
| Amounts payable | 17/49 | €143,640 | €121,706 | -€21,934 | -15.3% |
| Amounts payable after more than one year | 17 | €124,584 | €121,706 | -€2,878 | -2.3% |
| Financial debts | 170/4 | €124,584 | €121,706 | -€2,878 | -2.3% |
| Amounts payable within one year | 42/48 | €19,056 | - | -€19,056 | |
| Current portion of amounts payable after more than one year | 42 | €16,527 | - | -€16,527 | |
| Financial debts | 43 | €2,529 | - | -€2,529 | |
| Credit institutions | 430/8 | €2,529 | - | -€2,529 | |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €28,166 | +€28,166 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,983 | €15,000 | -€1,983 | -11.7% |
| Other operating charges | 640/8 | €46 | - | -€46 | |
| Gross operating margin | 9900 | -€36,246 | -€26,418 | +€9,829 | +27.1% |
| Operating profit (loss) | 9901 | -€53,276 | -€41,418 | +€11,858 | +22.3% |
| Financial income | 75/76B | €61,000 | - | -€61,000 | |
| Recurring financial income | 75 | €61,000 | - | -€61,000 | |
| Financial charges | 65/66B | €3,511 | €1,085 | -€2,426 | -69.1% |
| Recurring financial charges | 65 | €3,511 | €1,085 | -€2,426 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €4,213 | -€42,503 | -€46,716 | |
| Income taxes | 67/77 | €2,509 | €4,187 | +€1,678 | +66.9% |
| Profit (loss) for the period | 9904 | €1,704 | -€46,689 | -€48,393 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,704 | -€46,689 | -€48,393 |
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 22 October 2026 via checked.be.