GRIEMECH: 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.
GRIEMECH
Largest movements
- Tangible fixed assets +€1,404
new in 2022: €1,404
- Cash +€292
up €292 (+23.8%), from €1,225 to €1,518
mainly Net result for the year (+€913) and Trade debts (+€703)
- Receivables within one year -€80
down €80 (-10.4%), from €768 to €688
of which Trade receivables: -€43
- Reserves +€913
up €913 (+121%), from €754 to €1,667
of which Distributable reserves: +€913
- Trade debts +€703
new in 2022: €703
- Gross operating margin +€477
up €477 (+41.9%), from €1,137 to €1,614
- Depreciation +€155
new in 2022: €155
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.
Derived cash bridge
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 | €1,993 | €3,610 | +€1,616 | +81.1% |
| Fixed assets | 21/28 | - | €1,404 | +€1,404 | |
| Tangible fixed assets | 22/27 | - | €1,404 | +€1,404 | |
| Plant, machinery and equipment | 23 | - | €1,404 | +€1,404 | |
| Current assets | 29/58 | €1,993 | €2,205 | +€212 | +10.6% |
| Amounts receivable within one year | 40/41 | €768 | €688 | -€80 | -10.4% |
| Trade receivables | 40 | €224 | €181 | -€43 | -19.2% |
| Other amounts receivable | 41 | €544 | €507 | -€37 | -6.8% |
| Cash at bank and in hand | 54/58 | €1,225 | €1,518 | +€292 | +23.8% |
| Total equity and liabilities | 10/49 | €1,993 | €3,610 | +€1,616 | +81.1% |
| Equity | 10/15 | €1,993 | €2,906 | +€913 | +45.8% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Reserves | 13 | €754 | €1,667 | +€913 | +121% |
| Non-distributable reserves | 130/1 | €124 | €124 | = | 0.0% |
| Reserves not available under the articles | 1311 | €124 | €124 | = | 0.0% |
| Distributable reserves | 133 | €630 | €1,543 | +€913 | +145% |
| Amounts payable | 17/49 | - | €703 | +€703 | |
| Amounts payable within one year | 42/48 | - | €703 | +€703 | |
| Trade debts | 44 | - | €703 | +€703 | |
| Suppliers | 440/4 | - | €703 | +€703 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €155 | +€155 | |
| Other operating charges | 640/8 | €539 | €540 | +€1 | +0.2% |
| Gross operating margin | 9900 | €1,137 | €1,614 | +€477 | +41.9% |
| Operating profit (loss) | 9901 | €599 | €919 | +€321 | +53.6% |
| Financial income | 75/76B | €22 | €22 | -€0 | -0.6% |
| Recurring financial income | 75 | €22 | €22 | -€0 | -0.6% |
| Financial charges | 65/66B | €34 | €28 | -€6 | -18.2% |
| Recurring financial charges | 65 | €34 | €28 | -€6 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €587 | €913 | +€327 | +55.7% |
| Profit (loss) for the period | 9904 | €587 | €913 | +€327 | +55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €587 | €913 | +€327 | +55.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.