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Les Rives: 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.

What changed

Les Rives

BE 0832.579.110
NACE 68.110, Buying and selling of own real estate
fiscal year 2021 against 2022filed annual accounts (NBB)
Net result for the year
-€15,687
2021 · -€235,224+€219,537
Equity
-€776,022
2021 · -€760,335-€15,687
Cash
€24
2021 · €189-€165
Balance sheet total
€67,862
2021 · €225,601-€157,738

Largest movements

2021 to 2022
Assets
  • Receivables within one year -€155,399

    down €155,399 (-73.2%), from €212,300 to €56,901

    of which Trade receivables: -€189,214

Equity and liabilities
  • Trade debts -€149,495

    down €149,495 (-94.0%), from €159,072 to €9,577

  • Profit (loss) carried forward -€15,687

    down €15,687 (-1.9%), from -€821,835 to -€837,522

  • Other debts +€7,440

    up €7,440 (+27.7%), from €26,864 to €34,304

Income statement
  • Gross operating margin +€148,489

    up €148,489 (+90.7%), from -€163,795 to -€15,305

  • Other operating charges -€3,819

    down €3,819 (-89.5%), from €4,268 to €450

From the 2021 result to the 2022 result

effect on the 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.

Result 2021 -€235,224
Gross operating margin +€148,489
Depreciation +€1,445
Other operating charges +€3,819
Other operating items +€64,608
Financial income +€305
Financial charges +€871
Result 2022 -€15,687

Cash bridge derived

cash 2021 to 2022

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.

From operations -€2,343
Investment +€2,174
Financing +€4
Cash 2021 €189
Net result for the year -€15,687
Receivables within one year +€155,399
Trade debts -€149,495
Other debts +€7,440
Investment in fixed assets (net) +€2,174
Current portion of long-term debt +€4
Cash 2022 €24
Every line side by side 39 lines
Line Code 2021 2022 Change %
Total assets 20/58 €225,601 €67,862 -€157,738 -69.9%
Fixed assets 21/28 €13,111 €10,938 -€2,174 -16.6%
Tangible fixed assets 22/27 €2,174 - -€2,174
Plant, machinery and equipment 23 €1,094 - -€1,094
Furniture and vehicles 24 €1,080 - -€1,080
Financial fixed assets 28 €10,938 €10,938 = 0.0%
Current assets 29/58 €212,489 €56,925 -€155,564 -73.2%
Amounts receivable within one year 40/41 €212,300 €56,901 -€155,399 -73.2%
Trade receivables 40 €189,214 - -€189,214
Other amounts receivable 41 €23,086 €56,901 +€33,815 +146.5%
Cash at bank and in hand 54/58 €189 €24 -€165 -87.4%
Total equity and liabilities 10/49 €225,601 €67,862 -€157,738 -69.9%
Equity 10/15 -€760,335 -€776,022 -€15,687 -2.1%
Contributions 10/11 €61,500 €61,500 = 0.0%
Capital 10 €61,500 €61,500 = 0.0%
Issued capital 100 €61,500 €61,500 = 0.0%
Profit (loss) carried forward 14 -€821,835 -€837,522 -€15,687 -1.9%
Provisions and deferred taxes 16 €800,000 €800,000 = 0.0%
Provisions for liabilities and charges 160/5 €800,000 €800,000 = 0.0%
Other liabilities and charges 164/5 €800,000 €800,000 = 0.0%
Amounts payable 17/49 €185,935 €43,884 -€142,051 -76.4%
Amounts payable within one year 42/48 €185,935 €43,884 -€142,051 -76.4%
Current portion of amounts payable after more than one year 42 - €4 +€4
Trade debts 44 €159,072 €9,577 -€149,495 -94.0%
Suppliers 440/4 €159,072 €9,577 -€149,495 -94.0%
Other amounts payable 47/48 €26,864 €34,304 +€7,440 +27.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,445 - -€1,445
Other operating charges 640/8 €4,268 €450 -€3,819 -89.5%
Non-recurring operating charges 66A €64,608 - -€64,608
Gross operating margin 9900 -€163,795 -€15,305 +€148,489 +90.7%
Operating profit (loss) 9901 -€234,115 -€15,755 +€218,360 +93.3%
Financial income 75/76B €21 €326 +€305 +1467.2%
Recurring financial income 75 €21 €326 +€305 +1467.2%
Non-recurring financial income 76B €21 €326 +€305 +1467.2%
Financial charges 65/66B €1,129 €258 -€871 -77.1%
Recurring financial charges 65 €1,129 €258 -€871 -77.1%
Profit (loss) for the period before taxes 9903 -€235,224 -€15,687 +€219,537 +93.3%
Profit (loss) for the period 9904 -€235,224 -€15,687 +€219,537 +93.3%
Profit (loss) for the period to be appropriated 9905 -€235,224 -€15,687 +€219,537 +93.3%

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.