ICWD: 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.
ICWD
Largest movements
- Cash -€4,391
down €4,391 (-45.2%), from €9,705 to €5,313
mainly Debts within one year (-€6,005) and Net result for the year (-€2,608)
- Receivables within one year -€4,222
down €4,222 (-48.3%), from €8,743 to €4,521
- Debts within one year -€6,005
down €6,005 (-91.6%), from €6,556 to €551
- Equity -€2,608
down €2,608 (-21.2%), from €12,311 to €9,704
of which Profit (loss) carried forward: -€2,608
- Gross operating margin -€2,247
down €2,247, from €816 to -€1,431
- Other operating charges +€1,100
new in 2022: €1,100
- Financial charges +€77
new in 2022: €77
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 | €18,867 | €10,254 | -€8,613 | -45.7% |
| Current assets | 29/58 | €18,867 | €10,254 | -€8,613 | -45.7% |
| Stocks and contracts in progress | 3 | €420 | €420 | = | 0.0% |
| Stocks | 30/36 | - | €420 | +€420 | |
| Amounts receivable within one year | 40/41 | €8,743 | €4,521 | -€4,222 | -48.3% |
| Trade receivables | 40 | - | €2,462 | +€2,462 | |
| Other amounts receivable | 41 | - | €2,059 | +€2,059 | |
| Cash at bank and in hand | 54/58 | €9,705 | €5,313 | -€4,391 | -45.2% |
| Total equity and liabilities | 10/49 | €18,867 | €10,254 | -€8,613 | -45.7% |
| Equity | 10/15 | €12,311 | €9,704 | -€2,608 | -21.2% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€8,149 | -€10,756 | -€2,608 | -32.0% |
| Amounts payable | 17/49 | €6,556 | €551 | -€6,005 | -91.6% |
| Amounts payable within one year | 42/48 | €6,556 | €551 | -€6,005 | -91.6% |
| Trade debts | 44 | €101 | €551 | +€450 | +445% |
| Suppliers | 440/4 | - | €551 | +€551 | |
| Other operating charges | 640/8 | - | €1,100 | +€1,100 | |
| Gross operating margin | 9900 | €816 | -€1,431 | -€2,247 | |
| Operating profit (loss) | 9901 | €816 | -€2,531 | -€3,347 | |
| Financial charges | 65/66B | - | €77 | +€77 | |
| Recurring financial charges | 65 | €70 | €77 | +€7 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €745 | -€2,608 | -€3,353 | |
| Profit (loss) for the period | 9904 | €745 | -€2,608 | -€3,353 | |
| Profit (loss) for the period to be appropriated | 9905 | €745 | -€2,608 | -€3,353 |
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 17 October 2026 via checked.be.