E-DECO: 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.
E-DECO
Largest movements
- Receivables within one year -€18,229
down €18,229 (-55.8%), from €32,641 to €14,412
of which Trade receivables: -€9,160
- Tangible fixed assets -€2,982
down €2,982 (-2.2%), from €133,671 to €130,689
of which Furniture and vehicles: -€2,982
- Other debts -€10,276
no longer reported in 2022 (was €10,276)
- Profit (loss) carried forward -€7,429
down €7,429 (-32.7%), from €22,707 to €15,278
- Trade debts -€4,886
down €4,886 (-47.5%), from €10,289 to €5,403
- Tax, wage and social debts +€2,160
up €2,160 (+137.3%), from €1,573 to €3,732
- Gross operating margin +€5,699
up €5,699 (+80.5%), from -€7,076 to -€1,377
- Other operating charges +€3,766
up €3,766 (+1176.8%), from €320 to €4,086
- Depreciation -€1,001
down €1,001 (-25.1%), from €3,983 to €2,982
- Financial income +€473
up €473 (+38.5%), from €1,229 to €1,703
- Financial charges +€282
up €282 (+108.8%), from €259 to €541
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 | €169,752 | €148,980 | -€20,772 | -12.2% |
| Fixed assets | 21/28 | €134,271 | €131,289 | -€2,982 | -2.2% |
| Tangible fixed assets | 22/27 | €133,671 | €130,689 | -€2,982 | -2.2% |
| Land and buildings | 22 | €130,689 | €130,689 | = | 0.0% |
| Furniture and vehicles | 24 | €2,982 | - | -€2,982 | |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €35,481 | €17,690 | -€17,790 | -50.1% |
| Amounts receivable within one year | 40/41 | €32,641 | €14,412 | -€18,229 | -55.8% |
| Trade receivables | 40 | €12,459 | €3,298 | -€9,160 | -73.5% |
| Other amounts receivable | 41 | €20,182 | €11,114 | -€9,068 | -44.9% |
| Cash at bank and in hand | 54/58 | €2,840 | €3,278 | +€438 | +15.4% |
| Total equity and liabilities | 10/49 | €169,752 | €148,980 | -€20,772 | -12.2% |
| Equity | 10/15 | €147,274 | €139,845 | -€7,429 | -5.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Revaluation surpluses | 12 | €116,510 | €116,510 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,707 | €15,278 | -€7,429 | -32.7% |
| Amounts payable | 17/49 | €22,478 | €9,135 | -€13,343 | -59.4% |
| Amounts payable within one year | 42/48 | €22,478 | €9,135 | -€13,343 | -59.4% |
| Financial debts | 43 | €340 | - | -€340 | |
| Credit institutions | 430/8 | €340 | - | -€340 | |
| Trade debts | 44 | €10,289 | €5,403 | -€4,886 | -47.5% |
| Suppliers | 440/4 | €10,289 | €5,403 | -€4,886 | -47.5% |
| Taxes, remuneration and social security | 45 | €1,573 | €3,732 | +€2,160 | +137.3% |
| Taxes | 450/3 | €1,573 | €3,732 | +€2,160 | +137.3% |
| Other amounts payable | 47/48 | €10,276 | - | -€10,276 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,983 | €2,982 | -€1,001 | -25.1% |
| Other operating charges | 640/8 | €320 | €4,086 | +€3,766 | +1176.8% |
| Gross operating margin | 9900 | -€7,076 | -€1,377 | +€5,699 | +80.5% |
| Operating profit (loss) | 9901 | -€11,379 | -€8,445 | +€2,934 | +25.8% |
| Financial income | 75/76B | €1,229 | €1,703 | +€473 | +38.5% |
| Recurring financial income | 75 | €1,229 | €1,703 | +€473 | +38.5% |
| Financial charges | 65/66B | €259 | €541 | +€282 | +108.8% |
| Recurring financial charges | 65 | €259 | €541 | +€282 | +108.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,409 | -€7,283 | +€3,126 | +30.0% |
| Income taxes | 67/77 | €336 | €146 | -€189 | -56.4% |
| Profit (loss) for the period | 9904 | -€10,745 | -€7,429 | +€3,315 | +30.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,745 | -€7,429 | +€3,315 | +30.9% |
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 28 September 2026 via checked.be.