LE CHERCHE-MIDI: 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.
LE CHERCHE-MIDI
Largest movements
- Cash -€3,818
down €3,818 (-47.5%), from €8,031 to €4,213
mainly Other debts (-€8,093) and Investment in fixed assets (net) (-€1,112)
- Receivables within one year -€2,714
down €2,714 (-48.6%), from €5,581 to €2,867
of which Other amounts receivable: -€2,435
- Tangible fixed assets -€1,697
down €1,697 (-20.8%), from €8,172 to €6,475
of which Furniture and vehicles: -€2,595
- Stocks and contracts +€610
up €610 (+20.1%), from €3,030 to €3,640
- Other debts -€8,093
no longer reported in 2022 (was €8,093)
- Profit (loss) carried forward +€299
up €299 (+3.0%), from -€9,867 to -€9,568
- Turnover +€28,342
up €28,342 (+44.6%), from €63,496 to €91,838
- Purchases and services +€16,109
up €16,109 (+31.2%), from €51,692 to €67,801
- Financial income -€13,000
no longer reported in 2022 (was €13,000)
- Gross operating margin +€12,233
up €12,233 (+103.6%), from €11,804 to €24,037
- Staff costs +€8,643
up €8,643 (+86.8%), from €9,962 to €18,605
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 | €27,496 | €19,870 | -€7,626 | -27.7% |
| Fixed assets | 21/28 | €9,957 | €8,260 | -€1,697 | -17.0% |
| Tangible fixed assets | 22/27 | €8,172 | €6,475 | -€1,697 | -20.8% |
| Plant, machinery and equipment | 23 | €225 | €1,002 | +€777 | +345.3% |
| Furniture and vehicles | 24 | €7,784 | €5,189 | -€2,595 | -33.3% |
| Other tangible fixed assets | 26 | €163 | €284 | +€121 | +74.2% |
| Financial fixed assets | 28 | €1,785 | €1,785 | = | 0.0% |
| Current assets | 29/58 | €17,539 | €11,610 | -€5,929 | -33.8% |
| Stocks and contracts in progress | 3 | €3,030 | €3,640 | +€610 | +20.1% |
| Stocks | 30/36 | €3,030 | €3,640 | +€610 | +20.1% |
| Amounts receivable within one year | 40/41 | €5,581 | €2,867 | -€2,714 | -48.6% |
| Trade receivables | 40 | €796 | €517 | -€279 | -35.1% |
| Other amounts receivable | 41 | €4,785 | €2,350 | -€2,435 | -50.9% |
| Cash at bank and in hand | 54/58 | €8,031 | €4,213 | -€3,818 | -47.5% |
| Deferred charges and accrued income | 490/1 | €897 | €890 | -€7 | -0.8% |
| Total equity and liabilities | 10/49 | €27,496 | €19,870 | -€7,626 | -27.7% |
| Equity | 10/15 | €15,133 | €15,432 | +€299 | +2.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,867 | -€9,568 | +€299 | +3.0% |
| Amounts payable | 17/49 | €12,363 | €4,438 | -€7,925 | -64.1% |
| Amounts payable within one year | 42/48 | €12,363 | €4,438 | -€7,925 | -64.1% |
| Financial debts | 43 | €3,788 | €4,026 | +€238 | +6.3% |
| Credit institutions | 430/8 | €3,788 | €4,026 | +€238 | +6.3% |
| Trade debts | 44 | €85 | €237 | +€152 | +178.8% |
| Suppliers | 440/4 | €85 | €237 | +€152 | +178.8% |
| Taxes, remuneration and social security | 45 | €397 | €175 | -€222 | -55.9% |
| Taxes | 450/3 | €22 | €175 | +€153 | +695.5% |
| Remuneration and social security | 454/9 | €375 | - | -€375 | |
| Other amounts payable | 47/48 | €8,093 | - | -€8,093 | |
| Turnover | 70 | €63,496 | €91,838 | +€28,342 | +44.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €51,692 | €67,801 | +€16,109 | +31.2% |
| Remuneration, social security and pensions | 62 | €9,962 | €18,605 | +€8,643 | +86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,585 | €2,809 | -€776 | -21.6% |
| Other operating charges | 640/8 | €1,069 | €1,582 | +€513 | +48.0% |
| Gross operating margin | 9900 | €11,804 | €24,037 | +€12,233 | +103.6% |
| Operating profit (loss) | 9901 | -€2,812 | €1,041 | +€3,853 | |
| Financial income | 75/76B | €13,000 | - | -€13,000 | |
| Recurring financial income | 75 | €13,000 | - | -€13,000 | |
| Financial charges | 65/66B | €1,079 | €742 | -€337 | -31.2% |
| Recurring financial charges | 65 | €1,079 | €742 | -€337 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €9,109 | €299 | -€8,810 | -96.7% |
| Profit (loss) for the period | 9904 | €9,109 | €299 | -€8,810 | -96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,109 | €299 | -€8,810 | -96.7% |
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 6 October 2026 via checked.be.