PHOTOCORNER: 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.
PHOTOCORNER
Largest movements
- Tangible fixed assets -€17,891
down €17,891 (-34.8%), from €51,398 to €33,507
of which Furniture and vehicles: -€12,891
- Cash +€1,819
up €1,819 (+9.5%), from €19,243 to €21,062
mainly Depreciation (+€17,891) and Trade debts (+€5,044)
- Profit (loss) carried forward -€13,214
down €13,214 (-95.6%), from -€13,829 to -€27,043
- Trade debts +€5,044
up €5,044 (+173%), from €2,908 to €7,952
- Debts after one year -€4,355
down €4,355 (-100%), from €4,355 to €0
- Tax, wage and social debts -€2,261
down €2,261 (-46.4%), from €4,871 to €2,610
- Current portion of long-term debt -€2,143
down €2,143 (-33.0%), from €6,498 to €4,355
- Gross operating margin -€12,120
down €12,120 (-71.3%), from €16,996 to €4,876
- Financial income -€5,000
no longer reported in 2022 (was €5,000)
of which Financial income: -€5,000
- Other operating charges -€347
no longer reported in 2022 (was €347)
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.
Derived cash bridge
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 | €89,799 | €72,870 | -€16,929 | -18.9% |
| Fixed assets | 21/28 | €51,398 | €33,507 | -€17,891 | -34.8% |
| Tangible fixed assets | 22/27 | €51,398 | €33,507 | -€17,891 | -34.8% |
| Land and buildings | 22 | €10,590 | €10,590 | = | 0.0% |
| Furniture and vehicles | 24 | €25,808 | €12,917 | -€12,891 | -49.9% |
| Other tangible fixed assets | 26 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Current assets | 29/58 | €38,401 | €39,363 | +€962 | +2.5% |
| Stocks and contracts in progress | 3 | €18,128 | €18,128 | = | 0.0% |
| Stocks | 30/36 | €18,128 | €18,128 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,030 | €173 | -€857 | -83.2% |
| Trade receivables | 40 | €1,013 | €156 | -€857 | -84.6% |
| Other amounts receivable | 41 | €17 | €17 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,243 | €21,062 | +€1,819 | +9.5% |
| Total equity and liabilities | 10/49 | €89,799 | €72,870 | -€16,929 | -18.9% |
| Equity | 10/15 | -€7,629 | -€20,843 | -€13,214 | -173% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,829 | -€27,043 | -€13,214 | -95.6% |
| Amounts payable | 17/49 | €97,428 | €93,713 | -€3,715 | -3.8% |
| Amounts payable after more than one year | 17 | €4,355 | €0 | -€4,355 | -100% |
| Financial debts | 170/4 | €4,355 | €0 | -€4,355 | -100% |
| Amounts payable within one year | 42/48 | €93,073 | €93,713 | +€640 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €6,498 | €4,355 | -€2,143 | -33.0% |
| Trade debts | 44 | €2,908 | €7,952 | +€5,044 | +173% |
| Suppliers | 440/4 | €2,908 | €7,952 | +€5,044 | +173% |
| Taxes, remuneration and social security | 45 | €4,871 | €2,610 | -€2,261 | -46.4% |
| Taxes | 450/3 | €4,871 | €2,610 | -€2,261 | -46.4% |
| Other amounts payable | 47/48 | €78,796 | €78,796 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,891 | €17,891 | = | 0.0% |
| Other operating charges | 640/8 | €347 | - | -€347 | |
| Gross operating margin | 9900 | €16,996 | €4,876 | -€12,120 | -71.3% |
| Operating profit (loss) | 9901 | -€1,242 | -€13,015 | -€11,773 | -948% |
| Financial income | 75/76B | €5,000 | - | -€5,000 | |
| Recurring financial income | 75 | €5,000 | - | -€5,000 | |
| Non-recurring financial income | 76B | €5,000 | - | -€5,000 | |
| Financial charges | 65/66B | €156 | €199 | +€43 | +27.6% |
| Recurring financial charges | 65 | €156 | €199 | +€43 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €3,602 | -€13,214 | -€16,816 | |
| Profit (loss) for the period | 9904 | €3,602 | -€13,214 | -€16,816 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,602 | -€13,214 | -€16,816 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.