QUALITY VIEW: 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.
QUALITY VIEW
Largest movements
- Receivables within one year -€13,887
down €13,887 (-28.8%), from €48,260 to €34,373
of which Other amounts receivable: -€15,722
- Deferred charges and accrued income -€3,500
no longer reported in 2022 (was €3,500)
- Profit (loss) carried forward -€27,083
down €27,083, from €4,550 to -€22,533
- Advances received +€8,336
new in 2022: €8,336
- Tax, wage and social debts +€4,908
up €4,908 (+15.2%), from €32,299 to €37,207
of which Taxes: +€3,567
- Trade debts -€3,627
down €3,627 (-41.3%), from €8,790 to €5,163
- Gross operating margin -€47,168
down €47,168, from €37,178 to -€9,990
- Taxes -€2,900
down €2,900 (-48.5%), from €5,981 to €3,081
- Staff costs -€877
down €877 (-9.6%), from €9,162 to €8,285
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 | €51,839 | €34,373 | -€17,466 | -33.7% |
| Current assets | 29/58 | €51,839 | €34,373 | -€17,466 | -33.7% |
| Amounts receivable within one year | 40/41 | €48,260 | €34,373 | -€13,887 | -28.8% |
| Trade receivables | 40 | €6,275 | €8,110 | +€1,835 | +29.2% |
| Other amounts receivable | 41 | €41,985 | €26,263 | -€15,722 | -37.4% |
| Cash at bank and in hand | 54/58 | €79 | - | -€79 | |
| Deferred charges and accrued income | 490/1 | €3,500 | - | -€3,500 | |
| Total equity and liabilities | 10/49 | €51,839 | €34,373 | -€17,466 | -33.7% |
| Equity | 10/15 | €10,750 | -€16,333 | -€27,083 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,550 | -€22,533 | -€27,083 | |
| Amounts payable | 17/49 | €41,089 | €50,706 | +€9,617 | +23.4% |
| Amounts payable within one year | 42/48 | €41,089 | €50,706 | +€9,617 | +23.4% |
| Trade debts | 44 | €8,790 | €5,163 | -€3,627 | -41.3% |
| Suppliers | 440/4 | €8,790 | €5,163 | -€3,627 | -41.3% |
| Advances received on contracts in progress | 46 | - | €8,336 | +€8,336 | |
| Taxes, remuneration and social security | 45 | €32,299 | €37,207 | +€4,908 | +15.2% |
| Taxes | 450/3 | €31,548 | €35,115 | +€3,567 | +11.3% |
| Remuneration and social security | 454/9 | €751 | €2,092 | +€1,341 | +178.6% |
| Remuneration, social security and pensions | 62 | €9,162 | €8,285 | -€877 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210 | - | -€210 | |
| Other operating charges | 640/8 | €3,185 | €3,131 | -€54 | -1.7% |
| Gross operating margin | 9900 | €37,178 | -€9,990 | -€47,168 | |
| Operating profit (loss) | 9901 | €24,621 | -€21,406 | -€46,027 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,510 | €2,596 | +€86 | +3.4% |
| Recurring financial charges | 65 | €2,510 | €2,596 | +€86 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €22,112 | -€24,002 | -€46,114 | |
| Income taxes | 67/77 | €5,981 | €3,081 | -€2,900 | -48.5% |
| Profit (loss) for the period | 9904 | €16,131 | -€27,083 | -€43,214 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,131 | -€27,083 | -€43,214 |
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 11 October 2026 via checked.be.