GEDMA: what changed
Two fiscal 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.
GEDMA
Largest movements
- Tangible fixed assets -€7,090
down €7,090 (-24.9%), from €28,509 to €21,419
- Receivables within one year +€6,043
up €6,043 (+1064.1%), from €568 to €6,611
of which Other amounts receivable: +€3,640
- Stocks and contracts -€2,569
no longer reported in 2022 (was €2,569)
- Cash +€1,118
up €1,118 (+462.4%), from €242 to €1,360
mainly Other debts (+€9,406) and Depreciation (+€7,090)
- Profit (loss) carried forward -€11,293
down €11,293 (-17.6%), from -€64,232 to -€75,525
- Other debts +€9,406
up €9,406 (+11.4%), from €82,697 to €92,104
- Trade debts -€5,891
down €5,891 (-64.6%), from €9,122 to €3,231
- Accrued charges and deferred income +€5,100
new in 2022: €5,100
- Turnover +€41,320
up €41,320 (+319.2%), from €12,946 to €54,266
- Gross operating margin +€25,420
up €25,420 (+89.9%), from -€28,263 to -€2,843
- Purchases and services +€895
up €895 (+1.6%), from €56,214 to €57,109
- Other operating charges -€893
down €893 (-70.1%), from €1,273 to €380
- Financial charges +€751
up €751 (+721.5%), from €104 to €855
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 | €37,588 | €35,090 | -€2,498 | -6.6% |
| Fixed assets | 21/28 | €34,209 | €27,119 | -€7,090 | -20.7% |
| Tangible fixed assets | 22/27 | €28,509 | €21,419 | -€7,090 | -24.9% |
| Plant, machinery and equipment | 23 | €28,509 | €21,419 | -€7,090 | -24.9% |
| Financial fixed assets | 28 | €5,700 | €5,700 | = | 0.0% |
| Current assets | 29/58 | €3,378 | €7,971 | +€4,592 | +135.9% |
| Stocks and contracts in progress | 3 | €2,569 | - | -€2,569 | |
| Stocks | 30/36 | €2,569 | - | -€2,569 | |
| Amounts receivable within one year | 40/41 | €568 | €6,611 | +€6,043 | +1064.1% |
| Trade receivables | 40 | - | €2,403 | +€2,403 | |
| Other amounts receivable | 41 | €568 | €4,208 | +€3,640 | +641.0% |
| Cash at bank and in hand | 54/58 | €242 | €1,360 | +€1,118 | +462.4% |
| Total equity and liabilities | 10/49 | €37,588 | €35,090 | -€2,498 | -6.6% |
| Equity | 10/15 | -€54,232 | -€65,525 | -€11,293 | -20.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,232 | -€75,525 | -€11,293 | -17.6% |
| Amounts payable | 17/49 | €91,819 | €100,615 | +€8,796 | +9.6% |
| Amounts payable within one year | 42/48 | €91,819 | €95,515 | +€3,696 | +4.0% |
| Trade debts | 44 | €9,122 | €3,231 | -€5,891 | -64.6% |
| Suppliers | 440/4 | €9,122 | €3,231 | -€5,891 | -64.6% |
| Taxes, remuneration and social security | 45 | - | €180 | +€180 | |
| Taxes | 450/3 | - | €180 | +€180 | |
| Other amounts payable | 47/48 | €82,697 | €92,104 | +€9,406 | +11.4% |
| Accrued charges and deferred income | 492/3 | - | €5,100 | +€5,100 | |
| Turnover | 70 | €12,946 | €54,266 | +€41,320 | +319.2% |
| Non-recurring operating income | 76A | €15,006 | - | -€15,006 | |
| Goods, raw materials, services and sundry goods | 60/61 | €56,214 | €57,109 | +€895 | +1.6% |
| Remuneration, social security and pensions | 62 | - | €124 | +€124 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,942 | €7,090 | +€149 | +2.1% |
| Other operating charges | 640/8 | €1,273 | €380 | -€893 | -70.1% |
| Gross operating margin | 9900 | -€28,263 | -€2,843 | +€25,420 | +89.9% |
| Operating profit (loss) | 9901 | -€36,478 | -€10,438 | +€26,040 | +71.4% |
| Financial charges | 65/66B | €104 | €855 | +€751 | +721.5% |
| Recurring financial charges | 65 | €104 | €855 | +€751 | +721.5% |
| Profit (loss) for the period before taxes | 9903 | -€36,582 | -€11,293 | +€25,289 | +69.1% |
| Profit (loss) for the period | 9904 | -€36,582 | -€11,293 | +€25,289 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,582 | -€11,293 | +€25,289 | +69.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.