STECEL GARDEN: 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.
STECEL GARDEN
Largest movements
- Receivables within one year -€288
no longer reported in 2022 (was €288)
- Deferred charges and accrued income +€81
new in 2022: €81
- Cash -€18
down €18 (-85.7%), from €21 to €3
mainly Trade debts (-€1,337) and Other debts (-€1,001)
- Profit (loss) carried forward +€1,681
up €1,681 (+4.9%), from -€34,043 to -€32,362
- Trade debts -€1,337
down €1,337 (-69.4%), from €1,927 to €589
- Other debts -€1,001
down €1,001 (-7.3%), from €13,786 to €12,785
- Tax, wage and social debts +€433
new in 2022: €433
- Gross operating margin +€3,430
up €3,430, from -€1,017 to €2,412
- Other operating charges +€636
new in 2022: €636
- Depreciation -€264
no longer reported in 2022 (was €264)
- Financial charges -€151
down €151 (-61.3%), from €247 to €96
- Financial income -€128
no longer reported in 2022 (was €128)
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 | €359 | €134 | -€224 | -62.6% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €309 | €84 | -€224 | -72.7% |
| Amounts receivable within one year | 40/41 | €288 | - | -€288 | |
| Other amounts receivable | 41 | €288 | - | -€288 | |
| Cash at bank and in hand | 54/58 | €21 | €3 | -€18 | -85.7% |
| Deferred charges and accrued income | 490/1 | - | €81 | +€81 | |
| Total equity and liabilities | 10/49 | €359 | €134 | -€224 | -62.6% |
| Equity | 10/15 | -€15,354 | -€13,673 | +€1,681 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89 | €89 | = | 0.0% |
| Non-distributable reserves | 130/1 | €89 | €89 | = | 0.0% |
| Reserves not available under the articles | 1311 | €89 | €89 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,043 | -€32,362 | +€1,681 | +4.9% |
| Amounts payable | 17/49 | €15,712 | €13,807 | -€1,905 | -12.1% |
| Amounts payable within one year | 42/48 | €15,712 | €13,807 | -€1,905 | -12.1% |
| Trade debts | 44 | €1,927 | €589 | -€1,337 | -69.4% |
| Suppliers | 440/4 | €1,927 | €589 | -€1,337 | -69.4% |
| Taxes, remuneration and social security | 45 | - | €433 | +€433 | |
| Taxes | 450/3 | - | €433 | +€433 | |
| Other amounts payable | 47/48 | €13,786 | €12,785 | -€1,001 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264 | - | -€264 | |
| Other operating charges | 640/8 | - | €636 | +€636 | |
| Gross operating margin | 9900 | -€1,017 | €2,412 | +€3,430 | |
| Operating profit (loss) | 9901 | -€1,281 | €1,777 | +€3,058 | |
| Financial income | 75/76B | €128 | - | -€128 | |
| Recurring financial income | 75 | €128 | - | -€128 | |
| Financial charges | 65/66B | €247 | €96 | -€151 | -61.3% |
| Recurring financial charges | 65 | €247 | €96 | -€151 | -61.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,400 | €1,681 | +€3,081 | |
| Profit (loss) for the period | 9904 | -€1,400 | €1,681 | +€3,081 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,400 | €1,681 | +€3,081 |
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 14 October 2026 via checked.be.