Skip to content

NEW TREND CONSTRUCT: 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

NEW TREND CONSTRUCT

BE 0669.695.819
fiscal year 2021 against 2022filed annual accounts (NBB)
Net result for the year
€43,797
2021 · -€72,497+€116,294
Equity
€144,975
2021 · €101,177+€43,797
Cash
€49,491
2021 · €69,077-€19,586
Balance sheet total
€388,063
2021 · €1.8m-€1.4m

Largest movements

2021 to 2022
Assets
  • Receivables within one year -€1.5m

    down €1.5m (-84.0%), from €1.7m to €278,295

    of which Trade receivables: -€1.4m

  • Tangible fixed assets +€52,019

    up €52,019 (+655.0%), from €7,942 to €59,961

    of which Plant, machinery and equipment: +€53,665

  • Cash -€19,586

    down €19,586 (-28.4%), from €69,077 to €49,491

    mainly Trade debts (-€1.5m) and Investment in fixed assets (net) (-€61,302)

Equity and liabilities
  • Trade debts -€1.5m

    down €1.5m (-88.8%), from €1.6m to €183,730

  • Profit (loss) carried forward +€43,797

    up €43,797 (+49.9%), from €87,777 to €131,575

Income statement
  • Purchases and services -€1.6m

    no longer reported in 2022 (was €1.6m)

  • Turnover -€1.5m

    no longer reported in 2022 (was €1.5m)

  • Gross operating margin +€101,381

    up €101,381, from -€49,356 to €52,025

  • Taxes -€25,261

    down €25,261, from €15,126 to -€10,135

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 -€72,497
Gross operating margin +€101,381
Staff costs +€281
Depreciation -€5,657
Other operating charges -€4,121
Financial charges -€852
Taxes +€25,261
Result 2022 €43,797

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 +€41,716
Investment -€61,302
Financing €0
Cash 2021 €69,077
Net result for the year +€43,797
Depreciation +€8,967
Receivables within one year +€1.5m
Trade debts -€1.5m
Tax, wage and social debts -€10,424
Investment in fixed assets (net) -€61,302
Cash 2022 €49,491
Every line side by side 51 lines
Line Code 2021 2022 Change %
Total assets 20/58 €1,811,792 €388,063 -€1.4m -78.6%
Formation expenses 20 - €315 +€315
Fixed assets 21/28 €7,942 €59,961 +€52,019 +655.0%
Tangible fixed assets 22/27 €7,942 €59,961 +€52,019 +655.0%
Plant, machinery and equipment 23 €0 €53,665 +€53,665
Furniture and vehicles 24 €7,942 €6,296 -€1,646 -20.7%
Current assets 29/58 €1,803,851 €327,787 -€1.5m -81.8%
Amounts receivable after more than one year 29 €0 - =
Stocks and contracts in progress 3 €0 - =
Amounts receivable within one year 40/41 €1,734,774 €278,295 -€1.5m -84.0%
Trade receivables 40 €1,635,153 €276,855 -€1.4m -83.1%
Other amounts receivable 41 €99,621 €1,440 -€98,181 -98.6%
Cash at bank and in hand 54/58 €69,077 €49,491 -€19,586 -28.4%
Total equity and liabilities 10/49 €1,811,792 €388,063 -€1.4m -78.6%
Equity 10/15 €101,177 €144,975 +€43,797 +43.3%
Contributions 10/11 €13,400 €13,400 = 0.0%
Capital 10 €13,400 - -€13,400
Issued capital 100 €37,200 - -€37,200
Uncalled capital 101 €23,800 - -€23,800
Non-distributable reserves 130/1 €0 - =
Profit (loss) carried forward 14 €87,777 €131,575 +€43,797 +49.9%
Provisions and deferred taxes 16 €0 - =
Provisions for liabilities and charges 160/5 €0 - =
Amounts payable 17/49 €1,710,615 €243,088 -€1.5m -85.8%
Amounts payable after more than one year 17 €0 - =
Financial debts 170/4 €0 - =
Amounts payable within one year 42/48 €1,710,615 €243,088 -€1.5m -85.8%
Financial debts 43 €0 - =
Trade debts 44 €1,640,833 €183,730 -€1.5m -88.8%
Suppliers 440/4 €1,640,833 €183,730 -€1.5m -88.8%
Taxes, remuneration and social security 45 €69,782 €59,358 -€10,424 -14.9%
Taxes 450/3 €69,782 €59,358 -€10,424 -14.9%
Turnover 70 €1,541,741 - -€1.5m
Non-recurring operating income 76A €0 - =
Goods, raw materials, services and sundry goods 60/61 €1,591,096 - -€1.6m
Remuneration, social security and pensions 62 €499 €218 -€281 -56.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,310 €8,967 +€5,657 +170.9%
Other operating charges 640/8 €3,912 €8,032 +€4,121 +105.3%
Non-recurring operating charges 66A €0 - =
Gross operating margin 9900 -€49,356 €52,025 +€101,381
Operating profit (loss) 9901 -€57,077 €34,807 +€91,884
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Non-recurring financial income 76B €0 - =
Financial charges 65/66B €294 €1,145 +€852 +290.2%
Recurring financial charges 65 €294 €1,145 +€852 +290.2%
Non-recurring financial charges 66B €0 - =
Profit (loss) for the period before taxes 9903 -€57,370 €33,662 +€91,032
Income taxes 67/77 €15,126 -€10,135 -€25,261
Profit (loss) for the period 9904 -€72,497 €43,797 +€116,294
Profit (loss) for the period to be appropriated 9905 -€72,497 €43,797 +€116,294

Source: filed annual accounts (NBB), fiscal years ended 30 September 2021 and 30 September 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.