ED-cetera: 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.
ED-cetera
Largest movements
- Tangible fixed assets -€3,409
down €3,409 (-59.8%), from €5,699 to €2,290
- Receivables within one year -€1,239
down €1,239 (-30.3%), from €4,089 to €2,850
- Profit (loss) carried forward -€4,353
down €4,353 (-34.3%), from -€12,709 to -€17,062
- Other debts -€2,893
down €2,893 (-18.7%), from €15,458 to €12,565
- Trade debts +€2,687
up €2,687 (+34.7%), from €7,737 to €10,424
- Turnover +€6,556
up €6,556 (+49.9%), from €13,145 to €19,701
- Gross operating margin -€5,308
down €5,308, from €4,410 to -€898
- Staff costs -€4,300
no longer reported in 2022 (was €4,300)
- Purchases and services +€2,459
up €2,459 (+11.6%), from €21,151 to €23,610
- Other operating charges -€922
no longer reported in 2022 (was €922)
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 | €27,674 | €23,116 | -€4,558 | -16.5% |
| Fixed assets | 21/28 | €5,699 | €2,290 | -€3,409 | -59.8% |
| Tangible fixed assets | 22/27 | €5,699 | €2,290 | -€3,409 | -59.8% |
| Plant, machinery and equipment | 23 | €5,699 | €2,290 | -€3,409 | -59.8% |
| Current assets | 29/58 | €21,975 | €20,826 | -€1,149 | -5.2% |
| Stocks and contracts in progress | 3 | €13,153 | €13,153 | = | 0.0% |
| Stocks | 30/36 | €13,153 | €13,153 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,089 | €2,850 | -€1,239 | -30.3% |
| Trade receivables | 40 | €4,089 | €2,850 | -€1,239 | -30.3% |
| Cash at bank and in hand | 54/58 | €4,733 | €4,823 | +€90 | +1.9% |
| Total equity and liabilities | 10/49 | €27,674 | €23,116 | -€4,558 | -16.5% |
| Equity | 10/15 | €2,915 | -€1,438 | -€4,353 | |
| Contributions | 10/11 | €15,624 | €15,624 | = | 0.0% |
| Capital | 10 | €15,624 | €15,624 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €2,976 | €2,976 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,709 | -€17,062 | -€4,353 | -34.3% |
| Amounts payable | 17/49 | €24,759 | €24,554 | -€205 | -0.8% |
| Amounts payable within one year | 42/48 | €23,195 | €22,989 | -€206 | -0.9% |
| Trade debts | 44 | €7,737 | €10,424 | +€2,687 | +34.7% |
| Suppliers | 440/4 | €7,737 | €10,424 | +€2,687 | +34.7% |
| Other amounts payable | 47/48 | €15,458 | €12,565 | -€2,893 | -18.7% |
| Accrued charges and deferred income | 492/3 | €1,564 | €1,565 | +€1 | +0.1% |
| Turnover | 70 | €13,145 | €19,701 | +€6,556 | +49.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,151 | €23,610 | +€2,459 | +11.6% |
| Remuneration, social security and pensions | 62 | €4,300 | - | -€4,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,454 | €3,409 | -€45 | -1.3% |
| Other operating charges | 640/8 | €922 | - | -€922 | |
| Gross operating margin | 9900 | €4,410 | -€898 | -€5,308 | |
| Operating profit (loss) | 9901 | -€4,266 | -€4,307 | -€41 | -1.0% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,311 | -€4,352 | -€41 | -1.0% |
| Income taxes | 67/77 | €315 | - | -€315 | |
| Profit (loss) for the period | 9904 | -€4,626 | -€4,352 | +€274 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,626 | -€4,352 | +€274 | +5.9% |
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.