IndustrialKnowHow: 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.
IndustrialKnowHow
Largest movements
- Cash +€16,962
up €16,962 (+186%), from €9,140 to €26,102
mainly Net result for the year (+€14,078) and Trade debts (+€7,082)
- Receivables within one year +€7,840
up €7,840 (+9.2%), from €85,573 to €93,413
of which Trade receivables: +€9,628
- Tangible fixed assets -€2,874
down €2,874 (-25.0%), from €11,497 to €8,623
of which Furniture and vehicles: -€2,574
- Profit (loss) carried forward +€14,078
up €14,078 (+641%), from €2,195 to €16,273
- Trade debts +€7,082
up €7,082 (+15.2%), from €46,471 to €53,553
- Tax, wage and social debts +€4,920
up €4,920 (+24.6%), from €20,007 to €24,927
of which Taxes: +€4,854
- Other debts -€3,853
down €3,853 (-14.3%), from €26,937 to €23,084
- Gross operating margin +€11,056
up €11,056 (+13.2%), from €83,669 to €94,725
- Staff costs -€5,852
down €5,852 (-9.2%), from €63,877 to €58,025
- Taxes +€4,854
up €4,854 (+464%), from €1,047 to €5,901
- Other operating charges -€1,937
down €1,937 (-13.1%), from €14,796 to €12,858
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 | €106,210 | €128,138 | +€21,927 | +20.6% |
| Fixed assets | 21/28 | €11,497 | €8,623 | -€2,874 | -25.0% |
| Tangible fixed assets | 22/27 | €11,497 | €8,623 | -€2,874 | -25.0% |
| Plant, machinery and equipment | 23 | €1,199 | €899 | -€300 | -25.0% |
| Furniture and vehicles | 24 | €10,298 | €7,723 | -€2,574 | -25.0% |
| Current assets | 29/58 | €94,713 | €119,515 | +€24,802 | +26.2% |
| Amounts receivable within one year | 40/41 | €85,573 | €93,413 | +€7,840 | +9.2% |
| Trade receivables | 40 | €39,458 | €49,087 | +€9,628 | +24.4% |
| Other amounts receivable | 41 | €46,115 | €44,326 | -€1,789 | -3.9% |
| Cash at bank and in hand | 54/58 | €9,140 | €26,102 | +€16,962 | +186% |
| Total equity and liabilities | 10/49 | €106,210 | €128,138 | +€21,927 | +20.6% |
| Equity | 10/15 | €8,595 | €22,673 | +€14,078 | +164% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,195 | €16,273 | +€14,078 | +641% |
| Amounts payable | 17/49 | €97,615 | €105,465 | +€7,849 | +8.0% |
| Amounts payable after more than one year | 17 | €4,200 | €3,900 | -€300 | -7.1% |
| Financial debts | 170/4 | €4,200 | €3,900 | -€300 | -7.1% |
| Amounts payable within one year | 42/48 | €93,415 | €101,565 | +€8,149 | +8.7% |
| Trade debts | 44 | €46,471 | €53,553 | +€7,082 | +15.2% |
| Suppliers | 440/4 | €46,471 | €53,553 | +€7,082 | +15.2% |
| Taxes, remuneration and social security | 45 | €20,007 | €24,927 | +€4,920 | +24.6% |
| Taxes | 450/3 | €1,047 | €5,901 | +€4,854 | +464% |
| Remuneration and social security | 454/9 | €18,960 | €19,026 | +€66 | +0.3% |
| Other amounts payable | 47/48 | €26,937 | €23,084 | -€3,853 | -14.3% |
| Remuneration, social security and pensions | 62 | €63,877 | €58,025 | -€5,852 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,874 | €2,874 | = | 0.0% |
| Other operating charges | 640/8 | €14,796 | €12,858 | -€1,937 | -13.1% |
| Gross operating margin | 9900 | €83,669 | €94,725 | +€11,056 | +13.2% |
| Operating profit (loss) | 9901 | €2,121 | €20,967 | +€18,846 | +888% |
| Financial charges | 65/66B | €460 | €988 | +€529 | +115% |
| Recurring financial charges | 65 | €402 | €988 | +€587 | +146% |
| Non-recurring financial charges | 66B | €58 | - | -€58 | |
| Profit (loss) for the period before taxes | 9903 | €1,662 | €19,979 | +€18,318 | +1,102% |
| Income taxes | 67/77 | €1,047 | €5,901 | +€4,854 | +464% |
| Profit (loss) for the period | 9904 | €615 | €14,078 | +€13,463 | +2,189% |
| Profit (loss) for the period to be appropriated | 9905 | €615 | €14,078 | +€13,463 | +2,189% |
Source: filed annual accounts (NBB), financial years ended 31 March 2021 and 31 March 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.