CAIRN.INFO: 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.
What changed
CAIRN.INFO
NACE 58.190, Other publishing activities, excluding software publishing
financial year 2022 compared with 2021filed annual accounts (NBB)
Net result for the year
€666,588
2021 · €618,128+€48,460
Equity
€1.1m
2021 · €1.6m-€500,565
Cash
€3.9m
2021 · €5.6m-€1.7m
Balance sheet total
€11.5m
2021 · €11.2m+€327,517
Largest movements
Assets
- Cash -€1.7m
down €1.7m (-29.9%), from €5.6m to €3.9m
mainly Investment in fixed assets (net) (-€1.5m) and Contributions, distributions and other (-€1.2m)
- Intangible fixed assets +€863,496
up €863,496 (+71.5%), from €1.2m to €2.1m
- Receivables within one year +€729,925
up €729,925 (+17.9%), from €4.1m to €4.8m
of which Trade receivables: +€1.3m
- Deferred charges and accrued income +€259,930
up €259,930 (+271%), from €96,031 to €355,961
- Current investments +€134,337
up €134,337 (+106%), from €127,073 to €261,410
Equity and liabilities
- Trade debts +€1.3m
up €1.3m (+19.6%), from €6.8m to €8.1m
of which Suppliers: +€1.3m
- Accrued charges and deferred income -€611,007
down €611,007 (-31.3%), from €2.0m to €1.3m
- Profit (loss) carried forward -€515,714
down €515,714 (-59.1%), from €872,274 to €356,560
Income statement
- Turnover +€739,465
up €739,465 (+6.8%), from €10.8m to €11.6m
- Goods and materials +€414,004
up €414,004 (+5.4%), from €7.7m to €8.1m
of which Purchases: +€489,283
- Depreciation +€185,925
up €185,925 (+43.2%), from €430,854 to €616,780
- Staff costs +€142,123
up €142,123 (+8.3%), from €1.7m to €1.9m
- Services and other goods +€131,348
up €131,348 (+21.9%), from €598,990 to €730,338
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.
Result 2021
€618,128
Turnover
+€739,465
Other operating income
+€1,436
Goods and materials
-€414,004
Services and other goods
-€131,348
Staff costs
-€142,123
Depreciation
-€185,925
Write-downs
-€52,140
Other operating charges
+€49,069
Other operating items
+€178,475
Financial income
+€2,134
Financial charges
-€11,661
Taxes
+€15,082
Result 2022
€666,588
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.1m
Investment
-€1.6m
Financing
-€1.2m
Cash 2021
€5.6m
From operations (derived)
+€1.1m
Net result for the year
+€666,588
Depreciation
+€616,780
Stocks and contracts
+€1,771
Receivables within one year
-€729,925
Deferred charges and accrued income
-€259,930
Trade debts
+€1.3m
Tax, wage and social debts
+€15,871
Other debts
+€93,353
Accrued charges and deferred income
-€611,007
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€1.5m
Current investments
-€134,337
Financing
-€1.2m
Contributions, distributions and other
-€1.2m
Cash 2022
€3.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,166,326 | €11,493,843 | +€327,517 | +2.9% |
| Fixed assets | 21/28 | €1,281,088 | €2,154,033 | +€872,944 | +68.1% |
| Intangible fixed assets | 21 | €1,207,644 | €2,071,141 | +€863,496 | +71.5% |
| Tangible fixed assets | 22/27 | €28,640 | €38,088 | +€9,448 | +33.0% |
| Furniture and vehicles | 24 | €28,640 | €38,088 | +€9,448 | +33.0% |
| Financial fixed assets | 28 | €44,804 | €44,804 | = | 0.0% |
| Other financial fixed assets | 284/8 | €44,804 | €44,804 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €44,804 | €44,804 | = | 0.0% |
| Current assets | 29/58 | €9,885,238 | €9,339,810 | -€545,428 | -5.5% |
| Stocks and contracts in progress | 3 | €1,771 | €0 | -€1,771 | -100% |
| Stocks | 30/36 | €1,771 | €0 | -€1,771 | -100% |
| Goods purchased for resale | 34 | €1,771 | €0 | -€1,771 | -100% |
| Amounts receivable within one year | 40/41 | €4,080,533 | €4,810,458 | +€729,925 | +17.9% |
| Trade receivables | 40 | €3,023,592 | €4,306,233 | +€1.3m | +42.4% |
| Other amounts receivable | 41 | €1,056,941 | €504,225 | -€552,716 | -52.3% |
| Current investments | 50/53 | €127,073 | €261,410 | +€134,337 | +106% |
| Other investments | 51/53 | €127,073 | €261,410 | +€134,337 | +106% |
| Cash at bank and in hand | 54/58 | €5,579,829 | €3,911,981 | -€1.7m | -29.9% |
| Deferred charges and accrued income | 490/1 | €96,031 | €355,961 | +€259,930 | +271% |
| Total equity and liabilities | 10/49 | €11,166,326 | €11,493,843 | +€327,517 | +2.9% |
| Equity | 10/15 | €1,629,010 | €1,128,445 | -€500,565 | -30.7% |
| Contributions | 10/11 | €686,565 | €701,714 | +€15,148 | +2.2% |
| Capital | 10 | €686,565 | €701,714 | +€15,148 | +2.2% |
| Issued capital | 100 | €701,714 | €701,714 | = | 0.0% |
| Uncalled capital | 101 | €15,148 | €0 | -€15,148 | -100% |
| Reserves | 13 | €70,171 | €70,171 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70,171 | €70,171 | = | 0.0% |
| Legal reserve | 130 | €70,171 | €70,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | €872,274 | €356,560 | -€515,714 | -59.1% |
| Amounts payable | 17/49 | €9,537,316 | €10,365,398 | +€828,082 | +8.7% |
| Amounts payable within one year | 42/48 | €7,583,155 | €9,022,244 | +€1.4m | +19.0% |
| Trade debts | 44 | €6,781,431 | €8,111,296 | +€1.3m | +19.6% |
| Suppliers | 440/4 | €6,781,431 | €8,111,296 | +€1.3m | +19.6% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €391,943 | €407,814 | +€15,871 | +4.0% |
| Taxes | 450/3 | €199,125 | €189,843 | -€9,282 | -4.7% |
| Remuneration and social security | 454/9 | €192,818 | €217,971 | +€25,154 | +13.0% |
| Other amounts payable | 47/48 | €409,781 | €503,134 | +€93,353 | +22.8% |
| Accrued charges and deferred income | 492/3 | €1,954,161 | €1,343,154 | -€611,007 | -31.3% |
| Operating income | 70/76A | €11,354,792 | €12,303,641 | +€948,849 | +8.4% |
| Turnover | 70 | €10,841,691 | €11,581,156 | +€739,465 | +6.8% |
| Own construction capitalised | 72 | €306,909 | €514,856 | +€207,948 | +67.8% |
| Other operating income | 74 | €206,193 | €207,629 | +€1,436 | +0.7% |
| Operating charges | 60/66A | €10,699,435 | €11,605,379 | +€905,944 | +8.5% |
| Goods for resale, raw materials and consumables | 60 | €7,681,669 | €8,095,673 | +€414,004 | +5.4% |
| Purchases | 600/8 | €7,607,975 | €8,097,258 | +€489,283 | +6.4% |
| Change in stocks: decrease (increase) | 609 | €73,695 | -€1,585 | -€75,280 | |
| Services and other goods | 61 | €598,990 | €730,338 | +€131,348 | +21.9% |
| Remuneration, social security and pensions | 62 | €1,717,013 | €1,859,136 | +€142,123 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €430,854 | €616,780 | +€185,925 | +43.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€48,783 | €3,356 | +€52,140 | |
| Other operating charges | 640/8 | €319,692 | €270,623 | -€49,069 | -15.3% |
| Non-recurring operating charges | 66A | - | €29,473 | +€29,473 | |
| Operating profit (loss) | 9901 | €655,357 | €698,262 | +€42,905 | +6.5% |
| Financial income | 75/76B | €21,251 | €23,385 | +€2,134 | +10.0% |
| Recurring financial income | 75 | €21,251 | €19,551 | -€1,700 | -8.0% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €1,838 | €0 | -€1,838 | -100% |
| Other financial income | 752/9 | €19,413 | €19,551 | +€138 | +0.7% |
| Non-recurring financial income | 76B | - | €3,834 | +€3,834 | |
| Financial charges | 65/66B | €34,478 | €46,140 | +€11,661 | +33.8% |
| Recurring financial charges | 65 | €34,478 | €46,140 | +€11,661 | +33.8% |
| Debt charges | 650 | €528 | €1,327 | +€799 | +151% |
| Other financial charges | 652/9 | €33,951 | €44,813 | +€10,863 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | €642,130 | €675,507 | +€33,377 | +5.2% |
| Income taxes | 67/77 | €24,001 | €8,919 | -€15,082 | -62.8% |
| Taxes | 670/3 | €24,001 | €8,919 | -€15,082 | -62.8% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €618,128 | €666,588 | +€48,460 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €618,128 | €666,588 | +€48,460 | +7.8% |
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 27 October 2026 via checked.be.