GeDeRo Consult: 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.
GeDeRo Consult
Largest movements
- Receivables within one year +€13,490
up €13,490 (+1,169%), from €1,154 to €14,644
of which Trade receivables: +€12,738
- Stocks and contracts -€10,250
no longer reported in 2021 (was €10,250)
- Cash +€2,534
up €2,534 (+1,995%), from €127 to €2,661
mainly Stocks and contracts (+€10,250) and Debts after one year (+€8,806)
- Tangible fixed assets +€567
up €567 (+2.5%), from €22,474 to €23,041
of which Land and buildings: +€21,838
- Deferred charges and accrued income +€512
new in 2021: €512
- Debts after one year +€8,806
up €8,806 (+47.1%), from €18,703 to €27,509
- Provisions -€6,000
no longer reported in 2021 (was €6,000)
- Trade debts +€3,678
up €3,678 (+215%), from €1,710 to €5,388
- Purchases and services +€16,719
new in 2021: €16,719
- Turnover +€11,687
up €11,687 (+104%), from €11,206 to €22,893
- Write-downs +€10,250
new in 2021: €10,250
- Gross operating margin +€2,119
up €2,119 (+21.1%), from €10,055 to €12,174
- Other operating charges +€468
new in 2021: €468
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,005 | €40,858 | +€6,853 | +20.2% |
| Fixed assets | 21/28 | €22,474 | €23,041 | +€567 | +2.5% |
| Tangible fixed assets | 22/27 | €22,474 | €23,041 | +€567 | +2.5% |
| Land and buildings | 22 | - | €21,838 | +€21,838 | |
| Plant, machinery and equipment | 23 | - | €1,203 | +€1,203 | |
| Current assets | 29/58 | €11,531 | €17,817 | +€6,286 | +54.5% |
| Stocks and contracts in progress | 3 | €10,250 | - | -€10,250 | |
| Amounts receivable within one year | 40/41 | €1,154 | €14,644 | +€13,490 | +1,169% |
| Trade receivables | 40 | - | €12,738 | +€12,738 | |
| Other amounts receivable | 41 | - | €1,906 | +€1,906 | |
| Cash at bank and in hand | 54/58 | €127 | €2,661 | +€2,534 | +1,995% |
| Deferred charges and accrued income | 490/1 | - | €512 | +€512 | |
| Total equity and liabilities | 10/49 | €34,005 | €40,858 | +€6,853 | +20.2% |
| Equity | 10/15 | €7,592 | €7,961 | +€369 | +4.9% |
| Contributions | 10/11 | €33,341 | €33,341 | = | 0.0% |
| Capital | 10 | - | €33,341 | +€33,341 | |
| Issued capital | 100 | - | €33,341 | +€33,341 | |
| Profit (loss) carried forward | 14 | -€25,749 | -€25,380 | +€369 | +1.4% |
| Provisions and deferred taxes | 16 | €6,000 | - | -€6,000 | |
| Amounts payable | 17/49 | €20,413 | €32,897 | +€12,484 | +61.2% |
| Amounts payable after more than one year | 17 | €18,703 | €27,509 | +€8,806 | +47.1% |
| Financial debts | 170/4 | - | €27,509 | +€27,509 | |
| Amounts payable within one year | 42/48 | €1,710 | €5,388 | +€3,678 | +215% |
| Trade debts | 44 | €1,710 | €5,388 | +€3,678 | +215% |
| Suppliers | 440/4 | - | €5,388 | +€5,388 | |
| Turnover | 70 | €11,206 | €22,893 | +€11,687 | +104% |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €16,719 | +€16,719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €635 | €848 | +€213 | +33.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,250 | +€10,250 | |
| Other operating charges | 640/8 | - | €468 | +€468 | |
| Gross operating margin | 9900 | €10,055 | €12,174 | +€2,119 | +21.1% |
| Operating profit (loss) | 9901 | €470 | €608 | +€138 | +29.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | €349 | €1 | -€348 | -99.7% |
| Non-recurring financial income | 76B | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €239 | +€239 | |
| Recurring financial charges | 65 | €439 | €239 | -€200 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €380 | €370 | -€10 | -2.6% |
| Profit (loss) for the period | 9904 | €380 | €370 | -€10 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €380 | €370 | -€10 | -2.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.