LAND ESTATE: 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.
LAND ESTATE
Largest movements
- Cash -€115,668
down €115,668 (-97.4%), from €118,764 to €3,096
- Receivables within one year +€79,187
up €79,187 (+79.1%), from €100,088 to €179,275
of which Other amounts receivable: +€97,337
- Financial fixed assets -€10,750
no longer reported in 2022 (was €10,750)
- Debts -€52,198
down €52,198 (-27.9%), from €186,920 to €134,722
of which Debts within one year: -€70,197
- Reserves +€4,967
up €4,967 (+13.6%), from €36,482 to €41,449
of which Distributable reserves: +€39,589
- Financial charges +€12,696
new in 2022: €12,696
of which Non-recurring financial charges: +€10,750
- Gross operating margin +€6,882
up €6,882 (+50.3%), from €13,686 to €20,568
- Taxes +€2,316
new in 2022: €2,316
- Other operating charges +€590
new in 2022: €590
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €229,602 | €182,371 | -€47,231 | -20.6% |
| Fixed assets | 21/28 | €10,750 | - | -€10,750 | |
| Financial fixed assets | 28 | €10,750 | - | -€10,750 | |
| Current assets | 29/58 | €218,852 | €182,371 | -€36,481 | -16.7% |
| Amounts receivable within one year | 40/41 | €100,088 | €179,275 | +€79,187 | +79.1% |
| Trade receivables | 40 | - | €81,938 | +€81,938 | |
| Other amounts receivable | 41 | - | €97,337 | +€97,337 | |
| Cash at bank and in hand | 54/58 | €118,764 | €3,096 | -€115,668 | -97.4% |
| Total equity and liabilities | 10/49 | €229,602 | €182,371 | -€47,231 | -20.6% |
| Equity | 10/15 | €42,682 | €47,649 | +€4,967 | +11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €36,482 | €41,449 | +€4,967 | +13.6% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €39,589 | +€39,589 | |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €186,920 | €134,722 | -€52,198 | -27.9% |
| Amounts payable within one year | 42/48 | €185,921 | €115,724 | -€70,197 | -37.8% |
| Trade debts | 44 | €126,560 | €110,891 | -€15,669 | -12.4% |
| Suppliers | 440/4 | - | €110,891 | +€110,891 | |
| Other amounts payable | 47/48 | - | €4,833 | +€4,833 | |
| Accrued charges and deferred income | 492/3 | - | €18,998 | +€18,998 | |
| Other operating charges | 640/8 | - | €590 | +€590 | |
| Gross operating margin | 9900 | €13,686 | €20,568 | +€6,882 | +50.3% |
| Operating profit (loss) | 9901 | €13,323 | €19,978 | +€6,655 | +50.0% |
| Financial charges | 65/66B | - | €12,696 | +€12,696 | |
| Recurring financial charges | 65 | €3,202 | €1,946 | -€1,256 | -39.2% |
| Non-recurring financial charges | 66B | - | €10,750 | +€10,750 | |
| Profit (loss) for the period before taxes | 9903 | €10,121 | €7,282 | -€2,839 | -28.1% |
| Income taxes | 67/77 | - | €2,316 | +€2,316 | |
| Profit (loss) for the period | 9904 | €10,121 | €4,966 | -€5,155 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,121 | €4,966 | -€5,155 | -50.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.