@DEFI: 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.
@DEFI
Largest movements
- Tangible fixed assets -€124
down €124 (-46.9%), from €263 to €140
of which Plant, machinery and equipment: -€70
- Cash +€76
up €76 (+127.2%), from €60 to €137
mainly Net result for the year (+€1,791) and Depreciation (+€124)
- Other debts -€1,838
down €1,838 (-2.1%), from €86,355 to €84,517
- Profit (loss) carried forward +€1,791
up €1,791 (+1.7%), from -€106,075 to -€104,284
- Gross operating margin +€2,427
new in 2022: €2,427
- Other operating charges +€446
new in 2022: €446
- Financial charges +€25
up €25 (+60.4%), from €42 to €67
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.
Cash bridge derived
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 | €1,180 | €1,133 | -€47 | -4.0% |
| Fixed assets | 21/28 | €263 | €140 | -€124 | -46.9% |
| Tangible fixed assets | 22/27 | €263 | €140 | -€124 | -46.9% |
| Plant, machinery and equipment | 23 | €210 | €140 | -€70 | -33.3% |
| Furniture and vehicles | 24 | €54 | - | -€54 | |
| Current assets | 29/58 | €916 | €993 | +€76 | +8.3% |
| Amounts receivable within one year | 40/41 | €856 | €856 | = | 0.0% |
| Trade receivables | 40 | €856 | €856 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60 | €137 | +€76 | +127.2% |
| Total equity and liabilities | 10/49 | €1,180 | €1,133 | -€47 | -4.0% |
| Equity | 10/15 | -€85,175 | -€83,384 | +€1,791 | +2.1% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Capital | 10 | €19,000 | €19,000 | = | 0.0% |
| Issued capital | 100 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Legal reserve | 130 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,075 | -€104,284 | +€1,791 | +1.7% |
| Amounts payable | 17/49 | €86,355 | €84,517 | -€1,838 | -2.1% |
| Amounts payable within one year | 42/48 | €86,355 | €84,517 | -€1,838 | -2.1% |
| Other amounts payable | 47/48 | €86,355 | €84,517 | -€1,838 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124 | €124 | = | 0.0% |
| Other operating charges | 640/8 | - | €446 | +€446 | |
| Gross operating margin | 9900 | - | €2,427 | +€2,427 | |
| Operating profit (loss) | 9901 | -€124 | €1,858 | +€1,981 | |
| Financial charges | 65/66B | €42 | €67 | +€25 | +60.4% |
| Recurring financial charges | 65 | €42 | €67 | +€25 | +60.4% |
| Profit (loss) for the period before taxes | 9903 | -€165 | €1,791 | +€1,956 | |
| Profit (loss) for the period | 9904 | -€165 | €1,791 | +€1,956 | |
| Profit (loss) for the period to be appropriated | 9905 | -€165 | €1,791 | +€1,956 |
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 4 October 2026 via checked.be.