PRESS WORLD: 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.
PRESS WORLD
Largest movements
- Intangible fixed assets -€20,000
down €20,000 (-28.6%), from €70,000 to €50,000
- Cash -€5,754
down €5,754 (-35.0%), from €16,458 to €10,704
mainly Net result for the year (-€15,826) and Current portion of long-term debt (-€12,448)
- Receivables within one year -€3,224
down €3,224 (-26.9%), from €11,997 to €8,773
of which Trade receivables: -€7,600
- Profit (loss) carried forward -€15,826
down €15,826 (-23.6%), from €67,191 to €51,366
- Current portion of long-term debt -€12,448
down €12,448 (-54.9%), from €22,669 to €10,221
- Trade debts +€10,047
up €10,047 (+72.2%), from €13,911 to €23,958
- Debts after one year -€8,679
down €8,679 (-100.0%), from €8,679 to €0
- Tax, wage and social debts -€1,893
down €1,893 (-100.0%), from €1,893 to €0
of which Taxes: -€993
- Other operating charges +€12,964
up €12,964 (+288.9%), from €4,488 to €17,452
- Gross operating margin +€3,757
up €3,757 (+16.5%), from €22,786 to €26,543
- Financial charges +€1,022
up €1,022 (+28.7%), from €3,561 to €4,584
- Taxes -€895
down €895 (-100.0%), from €895 to €0
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 | €128,804 | €100,004 | -€28,799 | -22.4% |
| Fixed assets | 21/28 | €73,532 | €53,199 | -€20,333 | -27.7% |
| Intangible fixed assets | 21 | €70,000 | €50,000 | -€20,000 | -28.6% |
| Tangible fixed assets | 22/27 | €539 | €206 | -€333 | -61.8% |
| Furniture and vehicles | 24 | €539 | €206 | -€333 | -61.8% |
| Financial fixed assets | 28 | €2,993 | €2,993 | = | 0.0% |
| Current assets | 29/58 | €55,271 | €46,805 | -€8,466 | -15.3% |
| Stocks and contracts in progress | 3 | €26,754 | €27,267 | +€513 | +1.9% |
| Stocks | 30/36 | €26,754 | €27,267 | +€513 | +1.9% |
| Amounts receivable within one year | 40/41 | €11,997 | €8,773 | -€3,224 | -26.9% |
| Trade receivables | 40 | €7,850 | €250 | -€7,600 | -96.8% |
| Other amounts receivable | 41 | €4,147 | €8,523 | +€4,376 | +105.5% |
| Cash at bank and in hand | 54/58 | €16,458 | €10,704 | -€5,754 | -35.0% |
| Deferred charges and accrued income | 490/1 | €62 | €62 | = | 0.0% |
| Total equity and liabilities | 10/49 | €128,804 | €100,004 | -€28,799 | -22.4% |
| Equity | 10/15 | €81,651 | €65,826 | -€15,826 | -19.4% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,191 | €51,366 | -€15,826 | -23.6% |
| Amounts payable | 17/49 | €47,152 | €34,178 | -€12,974 | -27.5% |
| Amounts payable after more than one year | 17 | €8,679 | €0 | -€8,679 | -100.0% |
| Financial debts | 170/4 | €8,679 | €0 | -€8,679 | -100.0% |
| Amounts payable within one year | 42/48 | €38,473 | €34,178 | -€4,295 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €22,669 | €10,221 | -€12,448 | -54.9% |
| Trade debts | 44 | €13,911 | €23,958 | +€10,047 | +72.2% |
| Suppliers | 440/4 | €13,911 | €23,958 | +€10,047 | +72.2% |
| Taxes, remuneration and social security | 45 | €1,893 | €0 | -€1,893 | -100.0% |
| Taxes | 450/3 | €993 | €0 | -€993 | -100.0% |
| Remuneration and social security | 454/9 | €900 | €0 | -€900 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €538 | €0 | -€538 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,333 | €20,333 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,488 | €17,452 | +€12,964 | +288.9% |
| Gross operating margin | 9900 | €22,786 | €26,543 | +€3,757 | +16.5% |
| Operating profit (loss) | 9901 | -€2,035 | -€11,242 | -€9,207 | -452.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €3,561 | €4,584 | +€1,022 | +28.7% |
| Recurring financial charges | 65 | €3,561 | €4,584 | +€1,022 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,596 | -€15,826 | -€10,229 | -182.8% |
| Income taxes | 67/77 | €895 | €0 | -€895 | -100.0% |
| Profit (loss) for the period | 9904 | -€6,491 | -€15,826 | -€9,335 | -143.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,491 | -€15,826 | -€9,335 | -143.8% |
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 3 October 2026 via checked.be.