Levels: 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.
Levels
Largest movements
- Current assets -€11,568
down €11,568 (-13.6%), from €85,295 to €73,727
of which Receivables within one year: -€10,316
- Tangible fixed assets +€4,803
up €4,803 (+348.8%), from €1,377 to €6,180
- Equity -€15,174
down €15,174 (-20.2%), from €75,157 to €59,983
of which Profit (loss) carried forward: -€15,174
- Debts within one year +€8,409
up €8,409 (+73.0%), from €11,515 to €19,924
of which Tax, wage and social debts: +€10,112
- Staff costs +€249,497
new in 2022: €249,497
- Gross operating margin +€89,678
up €89,678 (+60.1%), from €149,108 to €238,786
From the 2020 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 fiscal 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 | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,672 | €79,907 | -€6,765 | -7.8% |
| Fixed assets | 21/28 | €1,377 | €6,180 | +€4,803 | +348.8% |
| Tangible fixed assets | 22/27 | €1,377 | €6,180 | +€4,803 | +348.8% |
| Plant, machinery and equipment | 23 | - | €6,180 | +€6,180 | |
| Current assets | 29/58 | €85,295 | €73,727 | -€11,568 | -13.6% |
| Amounts receivable after more than one year | 29 | - | €500 | +€500 | |
| Other amounts receivable | 291 | - | €500 | +€500 | |
| Stocks and contracts in progress | 3 | €3,125 | €6,026 | +€2,901 | +92.8% |
| Stocks | 30/36 | - | €6,026 | +€6,026 | |
| Amounts receivable within one year | 40/41 | €26,791 | €16,475 | -€10,316 | -38.5% |
| Trade receivables | 40 | - | €11,194 | +€11,194 | |
| Other amounts receivable | 41 | - | €5,281 | +€5,281 | |
| Cash at bank and in hand | 54/58 | €50,956 | €50,340 | -€616 | -1.2% |
| Deferred charges and accrued income | 490/1 | - | €387 | +€387 | |
| Total equity and liabilities | 10/49 | €86,672 | €79,907 | -€6,765 | -7.8% |
| Equity | 10/15 | €75,157 | €59,983 | -€15,174 | -20.2% |
| Contributions | 10/11 | - | €45,451 | +€45,451 | |
| Capital | 10 | - | €45,451 | +€45,451 | |
| Profit (loss) carried forward | 14 | €29,706 | €14,532 | -€15,174 | -51.1% |
| Amounts payable | 17/49 | €11,515 | €19,924 | +€8,409 | +73.0% |
| Amounts payable within one year | 42/48 | €11,515 | €19,924 | +€8,409 | +73.0% |
| Trade debts | 44 | €4,532 | €9,812 | +€5,280 | +116.5% |
| Suppliers | 440/4 | - | €9,812 | +€9,812 | |
| Taxes, remuneration and social security | 45 | - | €10,112 | +€10,112 | |
| Taxes | 450/3 | - | €539 | +€539 | |
| Remuneration and social security | 454/9 | - | €9,573 | +€9,573 | |
| Non-recurring operating income | 76A | - | €502 | +€502 | |
| Remuneration, social security and pensions | 62 | - | €249,497 | +€249,497 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €983 | €1,337 | +€354 | +36.0% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Non-recurring operating charges | 66A | - | €2,000 | +€2,000 | |
| Gross operating margin | 9900 | €149,108 | €238,786 | +€89,678 | +60.1% |
| Operating profit (loss) | 9901 | €42,144 | -€14,168 | -€56,312 | |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | €85 | €19 | -€65 | -77.2% |
| Financial charges | 65/66B | - | €1,025 | +€1,025 | |
| Recurring financial charges | 65 | €515 | €1,025 | +€510 | +98.9% |
| Profit (loss) for the period before taxes | 9903 | €41,714 | -€15,174 | -€56,888 | |
| Profit (loss) for the period | 9904 | €41,714 | -€15,174 | -€56,888 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,714 | -€15,174 | -€56,888 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 August 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.