EN VERT: 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.
EN VERT
Largest movements
- Cash +€11,403
up €11,403 (+45.0%), from €25,362 to €36,765
mainly Trade debts (+€63,528) and Other debts (+€5,646)
- Receivables within one year -€3,081
down €3,081 (-94.9%), from €3,248 to €167
of which Trade receivables: -€3,081
- Tangible fixed assets -€1,418
down €1,418 (-47.7%), from €2,974 to €1,556
of which Other tangible fixed assets: -€2,382
- Trade debts +€63,528
up €63,528 (+260%), from €24,472 to €88,000
- Profit (loss) carried forward -€59,267
down €59,267 (-885%), from -€6,698 to -€65,964
- Debts after one year -€6,760
down €6,760 (-100%), from €6,760 to €0
- Other debts +€5,646
up €5,646, from €0 to €5,646
- Current portion of long-term debt +€3,999
up €3,999 (+732%), from €546 to €4,545
- Purchases and services -€143,788
no longer reported in 2022 (was €143,788)
- Turnover -€94,809
no longer reported in 2022 (was €94,809)
- Gross operating margin -€41,049
down €41,049, from €1,967 to -€39,082
- Financial charges +€6,214
up €6,214 (+82.6%), from €7,518 to €13,732
- Staff costs +€2,916
new in 2022: €2,916
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 | €44,055 | €51,135 | +€7,080 | +16.1% |
| Fixed assets | 21/28 | €5,774 | €4,356 | -€1,418 | -24.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,974 | €1,556 | -€1,418 | -47.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €93 | €1,057 | +€964 | +1,036% |
| Other tangible fixed assets | 26 | €2,881 | €499 | -€2,382 | -82.7% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €38,281 | €46,780 | +€8,498 | +22.2% |
| Stocks and contracts in progress | 3 | €9,671 | €9,848 | +€177 | +1.8% |
| Stocks | 30/36 | €9,671 | €9,848 | +€177 | +1.8% |
| Amounts receivable within one year | 40/41 | €3,248 | €167 | -€3,081 | -94.9% |
| Trade receivables | 40 | €3,248 | €167 | -€3,081 | -94.9% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €25,362 | €36,765 | +€11,403 | +45.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €44,055 | €51,135 | +€7,080 | +16.1% |
| Equity | 10/15 | €7,562 | -€51,704 | -€59,267 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,698 | -€65,964 | -€59,267 | -885% |
| Amounts payable | 17/49 | €36,493 | €102,840 | +€66,347 | +182% |
| Amounts payable after more than one year | 17 | €6,760 | €0 | -€6,760 | -100% |
| Financial debts | 170/4 | €6,760 | €0 | -€6,760 | -100% |
| Amounts payable within one year | 42/48 | €27,333 | €102,840 | +€75,507 | +276% |
| Current portion of amounts payable after more than one year | 42 | €546 | €4,545 | +€3,999 | +732% |
| Trade debts | 44 | €24,472 | €88,000 | +€63,528 | +260% |
| Suppliers | 440/4 | €24,472 | €88,000 | +€63,528 | +260% |
| Taxes, remuneration and social security | 45 | €2,314 | €4,648 | +€2,334 | +101% |
| Taxes | 450/3 | €1,261 | €2,151 | +€891 | +70.7% |
| Remuneration and social security | 454/9 | €1,054 | €2,497 | +€1,443 | +137% |
| Other amounts payable | 47/48 | €0 | €5,646 | +€5,646 | |
| Accrued charges and deferred income | 492/3 | €2,400 | €0 | -€2,400 | -100% |
| Turnover | 70 | €94,809 | - | -€94,809 | |
| Goods, raw materials, services and sundry goods | 60/61 | €143,788 | - | -€143,788 | |
| Remuneration, social security and pensions | 62 | - | €2,916 | +€2,916 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,736 | €2,941 | -€794 | -21.3% |
| Other operating charges | 640/8 | €725 | €545 | -€180 | -24.8% |
| Gross operating margin | 9900 | €1,967 | -€39,082 | -€41,049 | |
| Operating profit (loss) | 9901 | -€2,493 | -€45,484 | -€42,991 | -1,724% |
| Financial charges | 65/66B | €7,518 | €13,732 | +€6,214 | +82.6% |
| Recurring financial charges | 65 | €7,518 | €13,732 | +€6,214 | +82.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,011 | -€59,216 | -€49,204 | -491% |
| Income taxes | 67/77 | €370 | €51 | -€320 | -86.3% |
| Profit (loss) for the period | 9904 | -€10,382 | -€59,267 | -€48,885 | -471% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,382 | -€59,267 | -€48,885 | -471% |
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 13 October 2026 via checked.be.