DI STEFANO: 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.
DI STEFANO
Largest movements
- Receivables within one year -€269
no longer reported in 2022 (was €269)
- Profit (loss) carried forward -€1,058
down €1,058 (-2.0%), from -€52,754 to -€53,811
- Trade debts +€714
up €714 (+28.8%), from €2,479 to €3,192
of which Bills of exchange payable: +€411
- Other debts +€86
up €86 (+0.7%), from €11,933 to €12,019
- Short-term financial debts -€11
no longer reported in 2022 (was €11)
- Other operating charges +€552
up €552 (+859%), from €64 to €616
- Gross operating margin +€361
up €361 (+49.7%), from -€727 to -€366
- Depreciation -€248
no longer reported in 2022 (was €248)
- Financial charges +€15
up €15 (+25.4%), from €60 to €75
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 | €269 | €0 | -€269 | -100.0% |
| Current assets | 29/58 | €269 | €0 | -€269 | -100.0% |
| Amounts receivable within one year | 40/41 | €269 | - | -€269 | |
| Other amounts receivable | 41 | €269 | - | -€269 | |
| Cash at bank and in hand | 54/58 | - | €0 | +€0 | |
| Total equity and liabilities | 10/49 | €269 | €0 | -€269 | -100.0% |
| Equity | 10/15 | -€34,154 | -€35,211 | -€1,058 | -3.1% |
| 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 | -€52,754 | -€53,811 | -€1,058 | -2.0% |
| Amounts payable | 17/49 | €34,422 | €35,211 | +€789 | +2.3% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,422 | €15,211 | +€789 | +5.5% |
| Financial debts | 43 | €11 | - | -€11 | |
| Credit institutions | 430/8 | €11 | - | -€11 | |
| Trade debts | 44 | €2,479 | €3,192 | +€714 | +28.8% |
| Suppliers | 440/4 | €2,479 | €2,781 | +€303 | +12.2% |
| Bills of exchange payable | 441 | - | €411 | +€411 | |
| Other amounts payable | 47/48 | €11,933 | €12,019 | +€86 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | - | -€248 | |
| Other operating charges | 640/8 | €64 | €616 | +€552 | +859% |
| Gross operating margin | 9900 | -€727 | -€366 | +€361 | +49.7% |
| Operating profit (loss) | 9901 | -€1,040 | -€982 | +€58 | +5.5% |
| Financial charges | 65/66B | €60 | €75 | +€15 | +25.4% |
| Recurring financial charges | 65 | €60 | €75 | +€15 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,100 | -€1,058 | +€42 | +3.8% |
| Profit (loss) for the period | 9904 | -€1,100 | -€1,058 | +€42 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,100 | -€1,058 | +€42 | +3.8% |
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 22 October 2026 via checked.be.