IPE: 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.
IPE
Largest movements
- Cash -€6,527
down €6,527 (-100.0%), from €6,529 to €3
mainly Net result for the year (-€8,157) and Other debts (-€6,963)
- Stocks and contracts -€3,900
no longer reported in 2022 (was €3,900)
- Tangible fixed assets -€3,360
down €3,360 (-74.8%), from €4,492 to €1,132
of which Furniture and vehicles: -€1,901
- Profit (loss) carried forward -€8,157
down €8,157 (-86.2%), from -€9,459 to -€17,616
- Other debts -€6,963
down €6,963 (-43.2%), from €16,135 to €9,172
- Tax, wage and social debts +€2,105
new in 2022: €2,105
- Accrued charges and deferred income -€1,000
no longer reported in 2022 (was €1,000)
- Gross operating margin +€4,790
up €4,790 (+54.6%), from -€8,772 to -€3,981
- Financial charges +€460
up €460 (+25279.1%), from €2 to €462
- Other operating charges +€353
new in 2022: €353
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 | €15,578 | €1,714 | -€13,864 | -89.0% |
| Fixed assets | 21/28 | €4,492 | €1,132 | -€3,360 | -74.8% |
| Tangible fixed assets | 22/27 | €4,492 | €1,132 | -€3,360 | -74.8% |
| Plant, machinery and equipment | 23 | €1,459 | - | -€1,459 | |
| Furniture and vehicles | 24 | €3,033 | €1,132 | -€1,901 | -62.7% |
| Current assets | 29/58 | €11,086 | €582 | -€10,503 | -94.7% |
| Stocks and contracts in progress | 3 | €3,900 | - | -€3,900 | |
| Stocks | 30/36 | €3,900 | - | -€3,900 | |
| Amounts receivable within one year | 40/41 | €656 | €580 | -€77 | -11.7% |
| Other amounts receivable | 41 | €656 | €580 | -€77 | -11.7% |
| Cash at bank and in hand | 54/58 | €6,529 | €3 | -€6,527 | -100.0% |
| Total equity and liabilities | 10/49 | €15,578 | €1,714 | -€13,864 | -89.0% |
| Equity | 10/15 | -€3,459 | -€11,616 | -€8,157 | -235.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,459 | -€17,616 | -€8,157 | -86.2% |
| Amounts payable | 17/49 | €19,037 | €13,330 | -€5,707 | -30.0% |
| Amounts payable within one year | 42/48 | €18,037 | €13,330 | -€4,707 | -26.1% |
| Trade debts | 44 | €1,903 | €2,053 | +€150 | +7.9% |
| Suppliers | 440/4 | €1,903 | €2,053 | +€150 | +7.9% |
| Taxes, remuneration and social security | 45 | - | €2,105 | +€2,105 | |
| Taxes | 450/3 | - | €2,105 | +€2,105 | |
| Other amounts payable | 47/48 | €16,135 | €9,172 | -€6,963 | -43.2% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €686 | €614 | -€72 | -10.5% |
| Other operating charges | 640/8 | - | €353 | +€353 | |
| Non-recurring operating charges | 66A | - | €2,747 | +€2,747 | |
| Gross operating margin | 9900 | -€8,772 | -€3,981 | +€4,790 | +54.6% |
| Operating profit (loss) | 9901 | -€9,458 | -€7,695 | +€1,763 | +18.6% |
| Financial charges | 65/66B | €2 | €462 | +€460 | +25279.1% |
| Recurring financial charges | 65 | €2 | €462 | +€460 | +25279.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,459 | -€8,157 | +€1,303 | +13.8% |
| Profit (loss) for the period | 9904 | -€9,459 | -€8,157 | +€1,303 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,459 | -€8,157 | +€1,303 | +13.8% |
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 28 September 2026 via checked.be.