GM PRO: 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.
GM PRO
Largest movements
- Receivables within one year +€15,831
up €15,831 (+16.7%), from €94,929 to €110,760
of which Other amounts receivable: +€15,719
- Cash +€13,432
up €13,432 (+1803.6%), from €745 to €14,177
mainly Net result for the year (+€15,175) and Depreciation (+€10,268)
- Profit (loss) carried forward +€15,175
up €15,175 (+41.8%), from €36,341 to €51,516
- Trade debts +€8,453
up €8,453 (+24.2%), from €34,991 to €43,443
- Tax, wage and social debts +€3,532
up €3,532 (+57.7%), from €6,125 to €9,657
- Current portion of long-term debt +€1,400
new in 2022: €1,400
- Gross operating margin +€25,641
up €25,641 (+329.1%), from €7,790 to €33,432
- Depreciation +€8,461
up €8,461 (+468.1%), from €1,808 to €10,268
- Taxes +€4,365
up €4,365 (+165.0%), from €2,646 to €7,011
- Other operating charges +€2,225
up €2,225 (+158.8%), from €1,401 to €3,627
- Financial charges +€1,175
up €1,175 (+154.3%), from €761 to €1,936
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 | €97,680 | €126,240 | +€28,560 | +29.2% |
| Fixed assets | 21/28 | €1,206 | €767 | -€439 | -36.4% |
| Tangible fixed assets | 22/27 | €1,206 | €767 | -€439 | -36.4% |
| Plant, machinery and equipment | 23 | €574 | €535 | -€39 | -6.7% |
| Furniture and vehicles | 24 | €632 | €232 | -€400 | -63.3% |
| Current assets | 29/58 | €96,474 | €125,473 | +€28,999 | +30.1% |
| Amounts receivable within one year | 40/41 | €94,929 | €110,760 | +€15,831 | +16.7% |
| Trade receivables | 40 | €34,299 | €34,411 | +€112 | +0.3% |
| Other amounts receivable | 41 | €60,630 | €76,349 | +€15,719 | +25.9% |
| Cash at bank and in hand | 54/58 | €745 | €14,177 | +€13,432 | +1803.6% |
| Deferred charges and accrued income | 490/1 | €801 | €536 | -€265 | -33.0% |
| Total equity and liabilities | 10/49 | €97,680 | €126,240 | +€28,560 | +29.2% |
| Equity | 10/15 | €56,565 | €71,740 | +€15,175 | +26.8% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €20,223 | €20,223 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,223 | €20,223 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,223 | €20,223 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,341 | €51,516 | +€15,175 | +41.8% |
| Amounts payable | 17/49 | €41,115 | €54,500 | +€13,385 | +32.6% |
| Amounts payable within one year | 42/48 | €41,115 | €54,500 | +€13,385 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | - | €1,400 | +€1,400 | |
| Trade debts | 44 | €34,991 | €43,443 | +€8,453 | +24.2% |
| Suppliers | 440/4 | €34,991 | €43,443 | +€8,453 | +24.2% |
| Taxes, remuneration and social security | 45 | €6,125 | €9,657 | +€3,532 | +57.7% |
| Taxes | 450/3 | €6,125 | €9,657 | +€3,532 | +57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,808 | €10,268 | +€8,461 | +468.1% |
| Other operating charges | 640/8 | €1,401 | €3,627 | +€2,225 | +158.8% |
| Gross operating margin | 9900 | €7,790 | €33,432 | +€25,641 | +329.1% |
| Operating profit (loss) | 9901 | €4,581 | €19,536 | +€14,955 | +326.4% |
| Financial income | 75/76B | €3,464 | €4,585 | +€1,121 | +32.4% |
| Recurring financial income | 75 | €3,464 | €4,585 | +€1,121 | +32.4% |
| Financial charges | 65/66B | €761 | €1,936 | +€1,175 | +154.3% |
| Recurring financial charges | 65 | €761 | €1,936 | +€1,175 | +154.3% |
| Profit (loss) for the period before taxes | 9903 | €7,284 | €22,186 | +€14,902 | +204.6% |
| Income taxes | 67/77 | €2,646 | €7,011 | +€4,365 | +165.0% |
| Profit (loss) for the period | 9904 | €4,638 | €15,175 | +€10,537 | +227.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,638 | €15,175 | +€10,537 | +227.2% |
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 30 September 2026 via checked.be.