GEMERALDIAM: 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.
GEMERALDIAM
Largest movements
- Stocks and contracts +€44,225
up €44,225 (+4.0%), from €1.1m to €1.1m
- Trade debts +€65,833
up €65,833 (+5.2%), from €1.3m to €1.3m
- Gross operating margin -€99,119
no longer reported in 2022 (was €99,119)
- Financial charges -€89,133
down €89,133 (-85.9%), from €103,762 to €14,629
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 | €1,543,396 | €1,594,599 | +€51,204 | +3.3% |
| Fixed assets | 21/28 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €1,543,196 | €1,594,399 | +€51,204 | +3.3% |
| Stocks and contracts in progress | 3 | €1,104,035 | €1,148,261 | +€44,225 | +4.0% |
| Stocks | 30/36 | €1,104,035 | €1,148,261 | +€44,225 | +4.0% |
| Amounts receivable within one year | 40/41 | €425,066 | €432,044 | +€6,978 | +1.6% |
| Trade receivables | 40 | €290,819 | €297,797 | +€6,978 | +2.4% |
| Other amounts receivable | 41 | €134,247 | €134,247 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,094 | €14,094 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €1,543,396 | €1,594,599 | +€51,204 | +3.3% |
| Equity | 10/15 | €118,614 | €103,984 | -€14,629 | -12.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €104,965 | €104,965 | = | 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% |
| Distributable reserves | 133 | €103,105 | €103,105 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,951 | -€19,581 | -€14,629 | -295.5% |
| Amounts payable | 17/49 | €1,424,782 | €1,490,615 | +€65,833 | +4.6% |
| Amounts payable within one year | 42/48 | €1,424,782 | €1,490,615 | +€65,833 | +4.6% |
| Trade debts | 44 | €1,269,148 | €1,334,981 | +€65,833 | +5.2% |
| Suppliers | 440/4 | €1,269,148 | €1,334,981 | +€65,833 | +5.2% |
| Advances received on contracts in progress | 46 | €154,512 | €154,512 | = | 0.0% |
| Other amounts payable | 47/48 | €1,122 | €1,122 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €253 | - | -€253 | |
| Other operating charges | 640/8 | €55 | - | -€55 | |
| Gross operating margin | 9900 | €99,119 | - | -€99,119 | |
| Operating profit (loss) | 9901 | €98,811 | - | -€98,811 | |
| Financial charges | 65/66B | €103,762 | €14,629 | -€89,133 | -85.9% |
| Recurring financial charges | 65 | €103,762 | €14,629 | -€89,133 | -85.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,951 | -€14,629 | -€9,678 | -195.5% |
| Profit (loss) for the period | 9904 | -€4,951 | -€14,629 | -€9,678 | -195.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,951 | -€14,629 | -€9,678 | -195.5% |
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 28 September 2026 via checked.be.