ROYAL: 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.
ROYAL
Largest movements
- Cash -€27
down €27 (-31.4%), from €86 to €59
mainly Net result for the year (-€626) and Receivables within one year (-€14)
- Receivables within one year +€14
up €14 (+4.7%), from €292 to €306
- Profit (loss) carried forward -€626
down €626 (-2.6%), from -€23,774 to -€24,400
- Other debts +€613
up €613 (+30.4%), from €2,015 to €2,628
- Other operating charges -€588
down €588 (-52.8%), from €1,113 to €525
- Financial income -€4
down €4 (-22.6%), from €18 to €14
- Financial charges +€2
up €2 (+4.5%), from €55 to €58
- Gross operating margin -€2
down €2 (-3.8%), from -€55 to -€57
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 | €378 | €365 | -€13 | -3.5% |
| Current assets | 29/58 | €378 | €365 | -€13 | -3.5% |
| Amounts receivable within one year | 40/41 | €292 | €306 | +€14 | +4.7% |
| Other amounts receivable | 41 | €292 | €306 | +€14 | +4.7% |
| Cash at bank and in hand | 54/58 | €86 | €59 | -€27 | -31.4% |
| Total equity and liabilities | 10/49 | €378 | €365 | -€13 | -3.5% |
| Equity | 10/15 | -€1,637 | -€2,263 | -€626 | -38.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,537 | €3,537 | = | 0.0% |
| Non-distributable reserves | 130/1 | €174 | €174 | = | 0.0% |
| Reserves not available under the articles | 1311 | €174 | €174 | = | 0.0% |
| Distributable reserves | 133 | €3,363 | €3,363 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,774 | -€24,400 | -€626 | -2.6% |
| Amounts payable | 17/49 | €2,015 | €2,628 | +€613 | +30.4% |
| Amounts payable within one year | 42/48 | €2,015 | €2,628 | +€613 | +30.4% |
| Other amounts payable | 47/48 | €2,015 | €2,628 | +€613 | +30.4% |
| Other operating charges | 640/8 | €1,113 | €525 | -€588 | -52.8% |
| Gross operating margin | 9900 | -€55 | -€57 | -€2 | -3.8% |
| Operating profit (loss) | 9901 | -€1,168 | -€582 | +€586 | +50.2% |
| Financial income | 75/76B | €18 | €14 | -€4 | -22.6% |
| Recurring financial income | 75 | €18 | €14 | -€4 | -22.6% |
| Financial charges | 65/66B | €55 | €58 | +€2 | +4.5% |
| Recurring financial charges | 65 | €55 | €58 | +€2 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,205 | -€626 | +€579 | +48.1% |
| Profit (loss) for the period | 9904 | -€1,205 | -€626 | +€579 | +48.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,205 | -€626 | +€579 | +48.1% |
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.