NAAJM: 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.
NAAJM
Largest movements
- Cash +€746
up €746 (+130.1%), from €574 to €1,319
mainly Net result for the year (+€1,682) and Tax, wage and social debts (+€965)
- Trade debts -€1,916
down €1,916 (-63.4%), from €3,025 to €1,108
- Profit (loss) carried forward +€1,682
up €1,682 (+13.5%), from €12,494 to €14,176
- Tax, wage and social debts +€965
up €965 (+15.9%), from €6,079 to €7,044
- Turnover -€26,717
no longer reported in 2022 (was €26,717)
- Purchases and services -€22,513
no longer reported in 2022 (was €22,513)
- Gross operating margin -€16,167
down €16,167 (-93.4%), from €17,305 to €1,138
- Taxes -€1,865
down €1,865 (-87.1%), from €2,142 to €277
- Financial income -€593
down €593 (-22.0%), from €2,696 to €2,103
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 | €40,411 | €41,140 | +€730 | +1.8% |
| Current assets | 29/58 | €40,411 | €41,140 | +€730 | +1.8% |
| Amounts receivable within one year | 40/41 | €39,837 | €39,682 | -€155 | -0.4% |
| Trade receivables | 40 | €3,206 | €640 | -€2,566 | -80.0% |
| Other amounts receivable | 41 | €36,631 | €39,042 | +€2,410 | +6.6% |
| Cash at bank and in hand | 54/58 | €574 | €1,319 | +€746 | +130.1% |
| Deferred charges and accrued income | 490/1 | - | €139 | +€139 | |
| Total equity and liabilities | 10/49 | €40,411 | €41,140 | +€730 | +1.8% |
| Equity | 10/15 | €31,307 | €32,988 | +€1,682 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €212 | €212 | = | 0.0% |
| Non-distributable reserves | 130/1 | €212 | €212 | = | 0.0% |
| Reserves not available under the articles | 1311 | €212 | €212 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,494 | €14,176 | +€1,682 | +13.5% |
| Amounts payable | 17/49 | €9,104 | €8,152 | -€952 | -10.5% |
| Amounts payable within one year | 42/48 | €9,104 | €8,152 | -€952 | -10.5% |
| Trade debts | 44 | €3,025 | €1,108 | -€1,916 | -63.4% |
| Suppliers | 440/4 | €3,025 | €1,108 | -€1,916 | -63.4% |
| Taxes, remuneration and social security | 45 | €6,079 | €7,044 | +€965 | +15.9% |
| Taxes | 450/3 | €6,079 | €7,044 | +€965 | +15.9% |
| Turnover | 70 | €26,717 | - | -€26,717 | |
| Goods, raw materials, services and sundry goods | 60/61 | €22,513 | - | -€22,513 | |
| Other operating charges | 640/8 | €426 | €561 | +€136 | +31.8% |
| Non-recurring operating charges | 66A | - | €530 | +€530 | |
| Gross operating margin | 9900 | €17,305 | €1,138 | -€16,167 | -93.4% |
| Operating profit (loss) | 9901 | €16,879 | €47 | -€16,832 | -99.7% |
| Financial income | 75/76B | €2,696 | €2,103 | -€593 | -22.0% |
| Recurring financial income | 75 | €2,696 | €2,103 | -€593 | -22.0% |
| Financial charges | 65/66B | €227 | €191 | -€36 | -15.6% |
| Recurring financial charges | 65 | €227 | €191 | -€36 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €19,348 | €1,958 | -€17,390 | -89.9% |
| Income taxes | 67/77 | €2,142 | €277 | -€1,865 | -87.1% |
| Profit (loss) for the period | 9904 | €17,206 | €1,682 | -€15,525 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,206 | €1,682 | -€15,525 | -90.2% |
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.