Luc de Graaf: 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.
Luc de Graaf
Largest movements
- Current assets -€14,050
down €14,050 (-3.8%), from €366,042 to €351,992
- Debts within one year -€18,398
down €18,398 (-85.1%), from €21,618 to €3,220
- Equity +€4,348
up €4,348 (+1.3%), from €344,423 to €348,772
of which Contributions: +€12,400
- Financial income +€5,040
new in 2022: €5,040
- Gross operating margin +€863
up €863 (+26.5%), from -€3,250 to -€2,388
- Other operating charges +€102
new in 2022: €102
- Financial charges +€80
new in 2022: €80
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.
Derived cash bridge
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 | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €366,042 | €351,992 | -€14,050 | -3.8% |
| Current assets | 29/58 | €366,042 | €351,992 | -€14,050 | -3.8% |
| Amounts receivable after more than one year | 29 | - | €148,500 | +€148,500 | |
| Other amounts receivable | 291 | - | €148,500 | +€148,500 | |
| Amounts receivable within one year | 40/41 | €3,100 | €13 | -€3,087 | -99.6% |
| Other amounts receivable | 41 | - | €13 | +€13 | |
| Cash at bank and in hand | 54/58 | €208,942 | €203,479 | -€5,463 | -2.6% |
| Total equity and liabilities | 10/49 | €366,042 | €351,992 | -€14,050 | -3.8% |
| Equity | 10/15 | €344,423 | €348,772 | +€4,348 | +1.3% |
| Contributions | 10/11 | - | €12,400 | +€12,400 | |
| Contributions outside capital | 11 | - | €12,400 | +€12,400 | |
| Other | 1109/19 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €336,981 | €338,859 | +€1,878 | +0.6% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €336,999 | +€336,999 | |
| Profit (loss) carried forward | 14 | -€4,958 | -€2,488 | +€2,470 | +49.8% |
| Amounts payable | 17/49 | €21,618 | €3,220 | -€18,398 | -85.1% |
| Amounts payable within one year | 42/48 | €21,618 | €3,220 | -€18,398 | -85.1% |
| Trade debts | 44 | €720 | €720 | = | 0.0% |
| Suppliers | 440/4 | - | €720 | +€720 | |
| Other amounts payable | 47/48 | - | €2,500 | +€2,500 | |
| Other operating charges | 640/8 | - | €102 | +€102 | |
| Gross operating margin | 9900 | -€3,250 | -€2,388 | +€863 | +26.5% |
| Operating profit (loss) | 9901 | -€10,329 | -€2,490 | +€7,840 | +75.9% |
| Financial income | 75/76B | - | €5,040 | +€5,040 | |
| Recurring financial income | 75 | €5,417 | €5,040 | -€376 | -7.0% |
| Financial charges | 65/66B | - | €80 | +€80 | |
| Recurring financial charges | 65 | €43 | €80 | +€38 | +87.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,955 | €2,470 | +€7,425 | |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | -€4,958 | €2,470 | +€7,428 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,958 | €2,470 | +€7,428 |
Source: filed annual accounts (NBB), financial years ended 30 November 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.