Ex&coS: 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.
Ex&coS
Largest movements
- Tangible fixed assets +€307,621
up €307,621 (+509.0%), from €60,438 to €368,059
of which Land and buildings: +€308,521
- Deferred charges and accrued income +€10,000
up €10,000 (+50.0%), from €20,000 to €30,000
- Debts after one year +€290,568
up €290,568 (+1162.3%), from €25,000 to €315,568
- Trade debts +€22,579
up €22,579 (+222.4%), from €10,152 to €32,731
- Other debts -€20,943
down €20,943 (-57.6%), from €36,343 to €15,400
- Current portion of long-term debt +€17,671
new in 2022: €17,671
- Profit (loss) carried forward +€7,718
up €7,718 (+133.1%), from €5,798 to €13,516
- Financial charges +€6,322
up €6,322 (+1843.2%), from €343 to €6,665
- Gross operating margin +€6,111
up €6,111 (+56.8%), from €10,764 to €16,876
- Other operating charges -€923
down €923 (-54.8%), from €1,685 to €761
- Depreciation +€838
up €838 (+93.1%), from €900 to €1,738
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 | €102,126 | €420,114 | +€317,988 | +311.4% |
| Fixed assets | 21/28 | €60,438 | €368,059 | +€307,621 | +509.0% |
| Tangible fixed assets | 22/27 | €60,438 | €368,059 | +€307,621 | +509.0% |
| Land and buildings | 22 | €58,638 | €367,159 | +€308,521 | +526.1% |
| Plant, machinery and equipment | 23 | €1,800 | €900 | -€900 | -50.0% |
| Current assets | 29/58 | €41,688 | €52,055 | +€10,367 | +24.9% |
| Amounts receivable within one year | 40/41 | €18,692 | €20,768 | +€2,075 | +11.1% |
| Trade receivables | 40 | €18,692 | €16,447 | -€2,246 | -12.0% |
| Other amounts receivable | 41 | - | €4,321 | +€4,321 | |
| Cash at bank and in hand | 54/58 | €2,996 | €1,287 | -€1,708 | -57.0% |
| Deferred charges and accrued income | 490/1 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Total equity and liabilities | 10/49 | €102,126 | €420,114 | +€317,988 | +311.4% |
| Equity | 10/15 | €27,798 | €35,516 | +€7,718 | +27.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,798 | €13,516 | +€7,718 | +133.1% |
| Amounts payable | 17/49 | €74,328 | €384,598 | +€310,270 | +417.4% |
| Amounts payable after more than one year | 17 | €25,000 | €315,568 | +€290,568 | +1162.3% |
| Financial debts | 170/4 | €25,000 | €315,568 | +€290,568 | +1162.3% |
| Amounts payable within one year | 42/48 | €49,328 | €69,030 | +€19,702 | +39.9% |
| Current portion of amounts payable after more than one year | 42 | - | €17,671 | +€17,671 | |
| Financial debts | 43 | - | €3,228 | +€3,228 | |
| Credit institutions | 430/8 | - | €3,228 | +€3,228 | |
| Trade debts | 44 | €10,152 | €32,731 | +€22,579 | +222.4% |
| Suppliers | 440/4 | €10,152 | €32,731 | +€22,579 | +222.4% |
| Taxes, remuneration and social security | 45 | €2,833 | - | -€2,833 | |
| Taxes | 450/3 | €2,833 | - | -€2,833 | |
| Other amounts payable | 47/48 | €36,343 | €15,400 | -€20,943 | -57.6% |
| Non-recurring operating income | 76A | €4,758 | €2,846 | -€1,912 | -40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900 | €1,738 | +€838 | +93.1% |
| Other operating charges | 640/8 | €1,685 | €761 | -€923 | -54.8% |
| Gross operating margin | 9900 | €10,764 | €16,876 | +€6,111 | +56.8% |
| Operating profit (loss) | 9901 | €8,179 | €14,376 | +€6,197 | +75.8% |
| Financial income | 75/76B | €2 | €6 | +€4 | +167.8% |
| Recurring financial income | 75 | €2 | €6 | +€4 | +167.8% |
| Financial charges | 65/66B | €343 | €6,665 | +€6,322 | +1843.2% |
| Recurring financial charges | 65 | €343 | €6,665 | +€6,322 | +1843.2% |
| Profit (loss) for the period before taxes | 9903 | €7,839 | €7,718 | -€121 | -1.5% |
| Profit (loss) for the period | 9904 | €7,839 | €7,718 | -€121 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,839 | €7,718 | -€121 | -1.5% |
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 10 October 2026 via checked.be.