DE SCHILDERNATIE: 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.
DE SCHILDERNATIE
Largest movements
- Tangible fixed assets -€26,376
down €26,376 (-73.4%), from €35,914 to €9,538
of which Furniture and vehicles: -€22,092
- Cash -€18,709
down €18,709 (-58.1%), from €32,183 to €13,474
mainly Short-term financial debts (-€20,000) and Net result for the year (-€13,102)
- Receivables within one year -€10,552
down €10,552 (-51.2%), from €20,603 to €10,051
of which Trade receivables: -€10,619
- Deferred charges and accrued income -€3,452
down €3,452 (-100%), from €3,452 to €0
- Short-term financial debts -€20,000
no longer reported in 2022 (was €20,000)
- Profit (loss) carried forward -€13,102
down €13,102 (-128%), from -€10,218 to -€23,319
- Debts after one year -€10,999
down €10,999 (-100%), from €10,999 to €0
- Current portion of long-term debt -€9,158
down €9,158 (-100%), from €9,158 to €0
- Other debts -€6,000
down €6,000 (-100%), from €6,000 to €0
- Gross operating margin -€28,792
down €28,792 (-69.0%), from €41,727 to €12,935
- Depreciation -€15,392
down €15,392 (-75.8%), from €20,304 to €4,912
- Staff costs -€14,933
down €14,933 (-96.7%), from €15,440 to €508
- Other operating charges +€5,883
up €5,883 (+213%), from €2,763 to €8,646
- Taxes -€2,367
down €2,367 (-100%), from €2,367 to €0
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 | €92,761 | €33,063 | -€59,698 | -64.4% |
| Fixed assets | 21/28 | €35,914 | €9,538 | -€26,376 | -73.4% |
| Tangible fixed assets | 22/27 | €35,914 | €9,538 | -€26,376 | -73.4% |
| Plant, machinery and equipment | 23 | €1,270 | €0 | -€1,270 | -100% |
| Furniture and vehicles | 24 | €24,909 | €2,817 | -€22,092 | -88.7% |
| Leasing and similar rights | 25 | €9,735 | €0 | -€9,735 | -100% |
| Other tangible fixed assets | 26 | €0 | €6,721 | +€6,721 | |
| Current assets | 29/58 | €56,847 | €23,525 | -€33,323 | -58.6% |
| Stocks and contracts in progress | 3 | €609 | €0 | -€609 | -100% |
| Stocks | 30/36 | €609 | €0 | -€609 | -100% |
| Amounts receivable within one year | 40/41 | €20,603 | €10,051 | -€10,552 | -51.2% |
| Trade receivables | 40 | €20,435 | €9,816 | -€10,619 | -52.0% |
| Other amounts receivable | 41 | €168 | €235 | +€67 | +39.8% |
| Cash at bank and in hand | 54/58 | €32,183 | €13,474 | -€18,709 | -58.1% |
| Deferred charges and accrued income | 490/1 | €3,452 | €0 | -€3,452 | -100% |
| Total equity and liabilities | 10/49 | €92,761 | €33,063 | -€59,698 | -64.4% |
| Equity | 10/15 | €35,219 | €22,117 | -€13,102 | -37.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,837 | €26,837 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,977 | €24,977 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,218 | -€23,319 | -€13,102 | -128% |
| Amounts payable | 17/49 | €57,543 | €10,946 | -€46,597 | -81.0% |
| Amounts payable after more than one year | 17 | €10,999 | €0 | -€10,999 | -100% |
| Financial debts | 170/4 | €10,999 | €0 | -€10,999 | -100% |
| Amounts payable within one year | 42/48 | €46,544 | €10,946 | -€35,598 | -76.5% |
| Current portion of amounts payable after more than one year | 42 | €9,158 | €0 | -€9,158 | -100% |
| Financial debts | 43 | €20,000 | - | -€20,000 | |
| Credit institutions | 430/8 | €20,000 | - | -€20,000 | |
| Trade debts | 44 | €5,269 | €1,936 | -€3,333 | -63.3% |
| Suppliers | 440/4 | €5,269 | €1,936 | -€3,333 | -63.3% |
| Taxes, remuneration and social security | 45 | €6,116 | €9,009 | +€2,893 | +47.3% |
| Taxes | 450/3 | €5,811 | €9,009 | +€3,199 | +55.0% |
| Remuneration and social security | 454/9 | €305 | €0 | -€305 | -100% |
| Other amounts payable | 47/48 | €6,000 | €0 | -€6,000 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €15,440 | €508 | -€14,933 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,304 | €4,912 | -€15,392 | -75.8% |
| Other operating charges | 640/8 | €2,763 | €8,646 | +€5,883 | +213% |
| Non-recurring operating charges | 66A | - | €11,711 | +€11,711 | |
| Gross operating margin | 9900 | €41,727 | €12,935 | -€28,792 | -69.0% |
| Operating profit (loss) | 9901 | €3,220 | -€12,841 | -€16,061 | |
| Financial income | 75/76B | €575 | €487 | -€88 | -15.3% |
| Recurring financial income | 75 | €575 | €487 | -€88 | -15.3% |
| Financial charges | 65/66B | €1,280 | €747 | -€533 | -41.7% |
| Recurring financial charges | 65 | €1,280 | €747 | -€533 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €2,514 | -€13,102 | -€15,616 | |
| Income taxes | 67/77 | €2,367 | €0 | -€2,367 | -100% |
| Profit (loss) for the period | 9904 | €147 | -€13,102 | -€13,249 | |
| Profit (loss) for the period to be appropriated | 9905 | €147 | -€13,102 | -€13,249 |
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 30 October 2026 via checked.be.