GYP-EL: 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.
GYP-EL
Largest movements
- Cash +€18,381
up €18,381 (+34.4%), from €53,494 to €71,875
mainly Trade debts (+€108,284) and Short-term financial debts (+€31,178)
- Receivables within one year -€6,520
down €6,520 (-1.3%), from €497,748 to €491,228
of which Other amounts receivable: -€199,559
- Profit (loss) carried forward -€122,396
down €122,396 (-68.9%), from €177,637 to €55,241
- Trade debts +€108,284
up €108,284 (+59.4%), from €182,354 to €290,638
of which Suppliers: +€108,487
- Short-term financial debts +€31,178
new in 2022: €31,178
- Tax, wage and social debts -€18,243
down €18,243 (-36.0%), from €50,631 to €32,388
- Other debts +€17,957
up €17,957 (+399%), from €4,500 to €22,457
- Gross operating margin -€202,178
down €202,178, from €91,093 to -€111,085
- Taxes -€16,634
down €16,634 (-96.7%), from €17,205 to €571
- Financial income -€8,224
down €8,224 (-95.6%), from €8,604 to €380
- Other operating charges +€1,991
up €1,991 (+168%), from €1,185 to €3,176
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 | €565,971 | €582,227 | +€16,255 | +2.9% |
| Fixed assets | 21/28 | €2,313 | €6,238 | +€3,926 | +170% |
| Tangible fixed assets | 22/27 | €2,247 | €6,172 | +€3,926 | +175% |
| Leasing and similar rights | 25 | €2,247 | €6,172 | +€3,926 | +175% |
| Financial fixed assets | 28 | €66 | €66 | = | 0.0% |
| Current assets | 29/58 | €563,659 | €575,988 | +€12,330 | +2.2% |
| Amounts receivable within one year | 40/41 | €497,748 | €491,228 | -€6,520 | -1.3% |
| Trade receivables | 40 | €272,176 | €465,214 | +€193,038 | +70.9% |
| Other amounts receivable | 41 | €225,572 | €26,013 | -€199,559 | -88.5% |
| Cash at bank and in hand | 54/58 | €53,494 | €71,875 | +€18,381 | +34.4% |
| Deferred charges and accrued income | 490/1 | €12,417 | €12,886 | +€469 | +3.8% |
| Total equity and liabilities | 10/49 | €565,971 | €582,227 | +€16,255 | +2.9% |
| Equity | 10/15 | €188,569 | €66,173 | -€122,396 | -64.9% |
| Contributions | 10/11 | €9,544 | €9,544 | = | 0.0% |
| Capital | 10 | €9,544 | €9,544 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €9,048 | €9,048 | = | 0.0% |
| Reserves | 13 | €1,388 | €1,388 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,388 | €1,388 | = | 0.0% |
| Legal reserve | 130 | €1,388 | €1,388 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,637 | €55,241 | -€122,396 | -68.9% |
| Provisions and deferred taxes | 16 | €1,800 | €1,800 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,800 | €1,800 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,800 | €1,800 | = | 0.0% |
| Amounts payable | 17/49 | €375,602 | €514,254 | +€138,652 | +36.9% |
| Amounts payable after more than one year | 17 | €58,865 | €51,308 | -€7,557 | -12.8% |
| Financial debts | 170/4 | €58,865 | €51,308 | -€7,557 | -12.8% |
| Amounts payable within one year | 42/48 | €316,737 | €462,946 | +€146,209 | +46.2% |
| Financial debts | 43 | - | €31,178 | +€31,178 | |
| Credit institutions | 430/8 | - | €31,178 | +€31,178 | |
| Trade debts | 44 | €182,354 | €290,638 | +€108,284 | +59.4% |
| Suppliers | 440/4 | €182,151 | €290,638 | +€108,487 | +59.6% |
| Bills of exchange payable | 441 | €203 | - | -€203 | |
| Advances received on contracts in progress | 46 | €79,252 | €86,284 | +€7,032 | +8.9% |
| Taxes, remuneration and social security | 45 | €50,631 | €32,388 | -€18,243 | -36.0% |
| Taxes | 450/3 | €50,631 | €32,388 | -€18,243 | -36.0% |
| Other amounts payable | 47/48 | €4,500 | €22,457 | +€17,957 | +399% |
| Non-recurring operating income | 76A | - | €203 | +€203 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €815 | €975 | +€161 | +19.7% |
| Other operating charges | 640/8 | €1,185 | €3,176 | +€1,991 | +168% |
| Non-recurring operating charges | 66A | €8,455 | - | -€8,455 | |
| Gross operating margin | 9900 | €91,093 | -€111,085 | -€202,178 | |
| Operating profit (loss) | 9901 | €80,639 | -€115,236 | -€195,875 | |
| Financial income | 75/76B | €8,604 | €380 | -€8,224 | -95.6% |
| Recurring financial income | 75 | €8,604 | €380 | -€8,224 | -95.6% |
| Financial charges | 65/66B | €7,493 | €6,970 | -€523 | -7.0% |
| Recurring financial charges | 65 | €7,493 | €6,970 | -€523 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €81,750 | -€121,826 | -€203,576 | |
| Income taxes | 67/77 | €17,205 | €571 | -€16,634 | -96.7% |
| Profit (loss) for the period | 9904 | €64,545 | -€122,396 | -€186,942 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,545 | -€122,396 | -€186,942 |
Source: filed annual accounts (NBB), financial years ended 30 June 2021 and 30 June 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.