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GENERAL CONSTRUCTING: 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.

What changed

GENERAL CONSTRUCTING

BE 0443.217.744
fiscal year 2021 against 2022filed annual accounts (NBB)
Net result for the year
-€1,285
2021 · -€25,784+€24,499
Equity
€70,407
2021 · €71,692-€1,285
Cash
€0
2021 · €22,962-€22,962
Balance sheet total
€76,585
2021 · €76,284+€302

Largest movements

2021 to 2022
Assets
  • Receivables within one year +€23,281

    up €23,281 (+61.7%), from €37,761 to €61,042

  • Cash -€22,962

    down €22,962 (-100.0%), from €22,962 to €0

    mainly Receivables within one year (-€23,281) and Investment in fixed assets (net) (-€8,312)

Equity and liabilities
  • Trade debts +€1,587

    up €1,587 (+34.6%), from €4,591 to €6,178

  • Profit (loss) carried forward -€1,285

    down €1,285 (-0.5%), from -€249,077 to -€250,362

Income statement
  • Gross operating margin -€43,396

    down €43,396 (-83.3%), from €52,069 to €8,672

  • Other operating charges -€39,857

    down €39,857 (-96.9%), from €41,132 to €1,275

  • Financial charges -€34,978

    down €34,978 (-99.0%), from €35,331 to €353

    of which Financial charges: -€34,488

  • Depreciation +€6,939

    up €6,939 (+499.4%), from €1,390 to €8,329

From the 2021 result to the 2022 result

effect on the 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.

Result 2021 -€25,784
Gross operating margin -€43,396
Depreciation -€6,939
Other operating charges +€39,857
Financial charges +€34,978
Result 2022 -€1,285

Cash bridge derived

cash 2021 to 2022

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.

From operations -€14,650
Investment -€8,312
Financing €0
Cash 2021 €22,962
Net result for the year -€1,285
Depreciation +€8,329
Receivables within one year -€23,281
Trade debts +€1,587
Investment in fixed assets (net) -€8,312
Cash 2022 €0
Every line side by side 33 lines
Line Code 2021 2022 Change %
Total assets 20/58 €76,284 €76,585 +€302 +0.4%
Fixed assets 21/28 €15,286 €15,268 -€18 -0.1%
Tangible fixed assets 22/27 €15,286 €15,268 -€18 -0.1%
Furniture and vehicles 24 €15,286 €15,268 -€18 -0.1%
Current assets 29/58 €60,998 €61,317 +€319 +0.5%
Amounts receivable within one year 40/41 €37,761 €61,042 +€23,281 +61.7%
Other amounts receivable 41 €37,761 €61,042 +€23,281 +61.7%
Cash at bank and in hand 54/58 €22,962 €0 -€22,962 -100.0%
Deferred charges and accrued income 490/1 €274 €274 = 0.0%
Total equity and liabilities 10/49 €76,284 €76,585 +€302 +0.4%
Equity 10/15 €71,692 €70,407 -€1,285 -1.8%
Contributions 10/11 €269,410 €269,410 = 0.0%
Capital 10 €269,410 €269,410 = 0.0%
Issued capital 100 €269,410 €269,410 = 0.0%
Reserves 13 €51,359 €51,359 = 0.0%
Non-distributable reserves 130/1 €12,000 €12,000 = 0.0%
Legal reserve 130 €12,000 €12,000 = 0.0%
Distributable reserves 133 €39,359 €39,359 = 0.0%
Profit (loss) carried forward 14 -€249,077 -€250,362 -€1,285 -0.5%
Amounts payable 17/49 €4,591 €6,178 +€1,587 +34.6%
Amounts payable within one year 42/48 €4,591 €6,178 +€1,587 +34.6%
Trade debts 44 €4,591 €6,178 +€1,587 +34.6%
Suppliers 440/4 €4,591 €6,178 +€1,587 +34.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,390 €8,329 +€6,939 +499.4%
Other operating charges 640/8 €41,132 €1,275 -€39,857 -96.9%
Gross operating margin 9900 €52,069 €8,672 -€43,396 -83.3%
Operating profit (loss) 9901 €9,547 -€932 -€10,479
Financial charges 65/66B €35,331 €353 -€34,978 -99.0%
Recurring financial charges 65 €34,841 €353 -€34,488 -99.0%
Non-recurring financial charges 66B €490 - -€490
Profit (loss) for the period before taxes 9903 -€25,784 -€1,285 +€24,499 +95.0%
Profit (loss) for the period 9904 -€25,784 -€1,285 +€24,499 +95.0%
Profit (loss) for the period to be appropriated 9905 -€25,784 -€1,285 +€24,499 +95.0%

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 29 September 2026 via checked.be.