RM Management: 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.
RM Management
Largest movements
- Receivables within one year +€162,159
up €162,159 (+318%), from €51,058 to €213,217
of which Trade receivables: +€104,131
- Cash +€52,574
up €52,574 (+16.6%), from €316,729 to €369,304
mainly Net result for the year (+€100,090) and Trade debts (+€77,106)
- Reserves +€100,000
up €100,000 (+40.2%), from €249,000 to €349,000
- Trade debts +€77,106
up €77,106 (+447%), from €17,268 to €94,374
- Tax, wage and social debts +€37,797
up €37,797 (+37.8%), from €99,991 to €137,787
- Gross operating margin -€209,956
down €209,956 (-61.9%), from €339,441 to €129,486
- Taxes -€59,816
down €59,816 (-67.7%), from €88,400 to €28,584
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 | €367,931 | €582,664 | +€214,733 | +58.4% |
| Fixed assets | 21/28 | €144 | €144 | = | 0.0% |
| Financial fixed assets | 28 | €144 | €144 | = | 0.0% |
| Current assets | 29/58 | €367,787 | €582,520 | +€214,733 | +58.4% |
| Amounts receivable within one year | 40/41 | €51,058 | €213,217 | +€162,159 | +318% |
| Trade receivables | 40 | €47,884 | €152,015 | +€104,131 | +217% |
| Other amounts receivable | 41 | €3,174 | €61,202 | +€58,028 | +1,828% |
| Cash at bank and in hand | 54/58 | €316,729 | €369,304 | +€52,574 | +16.6% |
| Total equity and liabilities | 10/49 | €367,931 | €582,664 | +€214,733 | +58.4% |
| Equity | 10/15 | €250,413 | €350,503 | +€100,090 | +40.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €249,000 | €349,000 | +€100,000 | +40.2% |
| Distributable reserves | 133 | €249,000 | €349,000 | +€100,000 | +40.2% |
| Profit (loss) carried forward | 14 | €413 | €503 | +€90 | +21.7% |
| Amounts payable | 17/49 | €117,518 | €232,161 | +€114,643 | +97.6% |
| Amounts payable within one year | 42/48 | €117,518 | €232,161 | +€114,643 | +97.6% |
| Trade debts | 44 | €17,268 | €94,374 | +€77,106 | +447% |
| Suppliers | 440/4 | €17,268 | €94,374 | +€77,106 | +447% |
| Taxes, remuneration and social security | 45 | €99,991 | €137,787 | +€37,797 | +37.8% |
| Taxes | 450/3 | €99,991 | €137,787 | +€37,797 | +37.8% |
| Other amounts payable | 47/48 | €260 | - | -€260 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €826 | - | -€826 | |
| Other operating charges | 640/8 | €728 | €348 | -€380 | -52.2% |
| Gross operating margin | 9900 | €339,441 | €129,486 | -€209,956 | -61.9% |
| Operating profit (loss) | 9901 | €337,887 | €129,138 | -€208,749 | -61.8% |
| Financial charges | 65/66B | €74 | €464 | +€390 | +525% |
| Recurring financial charges | 65 | €74 | €464 | +€390 | +525% |
| Profit (loss) for the period before taxes | 9903 | €337,813 | €128,674 | -€209,139 | -61.9% |
| Income taxes | 67/77 | €88,400 | €28,584 | -€59,816 | -67.7% |
| Profit (loss) for the period | 9904 | €249,413 | €100,090 | -€149,323 | -59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €249,413 | €100,090 | -€149,323 | -59.9% |
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 16 October 2026 via checked.be.