EAST BELGIUM PERFORMANCE: 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.
EAST BELGIUM PERFORMANCE
Largest movements
- Tangible fixed assets -€13,155
down €13,155 (-46.8%), from €28,138 to €14,983
of which Plant, machinery and equipment: -€12,860
- Receivables within one year +€4,029
up €4,029 (+86.7%), from €4,646 to €8,675
of which Other amounts receivable: +€3,672
- Intangible fixed assets -€600
down €600 (-12.5%), from €4,800 to €4,200
- Current portion of long-term debt -€8,255
down €8,255 (-82.2%), from €10,040 to €1,785
- Other debts +€7,686
up €7,686 (+113%), from €6,823 to €14,509
- Debts after one year -€5,286
no longer reported in 2022 (was €5,286)
- Profit (loss) carried forward -€3,086
down €3,086, from €3,066 to -€20
- Trade debts -€493
down €493 (-67.5%), from €730 to €237
- Gross operating margin +€12,300
up €12,300 (+108%), from €11,354 to €23,654
- Other operating charges +€7,965
up €7,965, from €0 to €7,965
- Taxes +€3,661
new in 2022: €3,661
- Financial charges +€676
up €676 (+99.1%), from €683 to €1,359
- Depreciation +€348
up €348 (+2.6%), from €13,407 to €13,755
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 | €37,584 | €27,873 | -€9,711 | -25.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €32,938 | €19,183 | -€13,755 | -41.8% |
| Intangible fixed assets | 21 | €4,800 | €4,200 | -€600 | -12.5% |
| Tangible fixed assets | 22/27 | €28,138 | €14,983 | -€13,155 | -46.8% |
| Land and buildings | 22 | €550 | €445 | -€105 | -19.1% |
| Plant, machinery and equipment | 23 | €27,395 | €14,535 | -€12,860 | -46.9% |
| Furniture and vehicles | 24 | €194 | €4 | -€190 | -98.0% |
| Current assets | 29/58 | €4,646 | €8,690 | +€4,044 | +87.0% |
| Amounts receivable within one year | 40/41 | €4,646 | €8,675 | +€4,029 | +86.7% |
| Trade receivables | 40 | €1,035 | €1,391 | +€356 | +34.4% |
| Other amounts receivable | 41 | €3,611 | €7,283 | +€3,672 | +102% |
| Cash at bank and in hand | 54/58 | €0 | €15 | +€15 | |
| Total equity and liabilities | 10/49 | €37,584 | €27,873 | -€9,711 | -25.8% |
| Equity | 10/15 | €9,266 | €6,180 | -€3,086 | -33.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,066 | -€20 | -€3,086 | |
| Amounts payable | 17/49 | €28,318 | €21,693 | -€6,625 | -23.4% |
| Amounts payable after more than one year | 17 | €5,286 | - | -€5,286 | |
| Financial debts | 170/4 | €5,286 | - | -€5,286 | |
| Amounts payable within one year | 42/48 | €23,032 | €21,693 | -€1,338 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €10,040 | €1,785 | -€8,255 | -82.2% |
| Financial debts | 43 | €5,042 | €4,765 | -€277 | -5.5% |
| Credit institutions | 430/8 | €5,042 | €4,765 | -€277 | -5.5% |
| Trade debts | 44 | €730 | €237 | -€493 | -67.5% |
| Suppliers | 440/4 | €730 | €237 | -€493 | -67.5% |
| Advances received on contracts in progress | 46 | €42 | €42 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €356 | €356 | = | 0.0% |
| Taxes | 450/3 | €356 | €356 | = | 0.0% |
| Other amounts payable | 47/48 | €6,823 | €14,509 | +€7,686 | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,407 | €13,755 | +€348 | +2.6% |
| Other operating charges | 640/8 | €0 | €7,965 | +€7,965 | |
| Gross operating margin | 9900 | €11,354 | €23,654 | +€12,300 | +108% |
| Operating profit (loss) | 9901 | -€2,053 | €1,934 | +€3,986 | |
| Financial charges | 65/66B | €683 | €1,359 | +€676 | +99.1% |
| Recurring financial charges | 65 | €683 | €1,359 | +€676 | +99.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,735 | €575 | +€3,310 | |
| Income taxes | 67/77 | - | €3,661 | +€3,661 | |
| Profit (loss) for the period | 9904 | -€2,735 | -€3,086 | -€351 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,735 | -€3,086 | -€351 | -12.8% |
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 31 October 2026 via checked.be.