SULTAN & CO: 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.
SULTAN & CO
Largest movements
- Cash +€9,833
up €9,833 (+1384.9%), from €710 to €10,543
mainly Net result for the year (+€12,045) and Receivables within one year (+€2,958)
- Stocks and contracts +€5,320
new in 2022: €5,320
- Receivables within one year -€2,958
no longer reported in 2022 (was €2,958)
- Profit (loss) carried forward +€12,045
up €12,045, from -€10,194 to €1,851
- Trade debts -€2,228
down €2,228 (-85.9%), from €2,594 to €366
- Tax, wage and social debts +€2,078
up €2,078 (+163.9%), from €1,268 to €3,346
of which Remuneration and social security: +€1,249
- Other debts +€300
new in 2022: €300
- Gross operating margin +€21,704
up €21,704 (+3039.8%), from €714 to €22,418
- Staff costs -€674
down €674 (-6.2%), from €10,949 to €10,275
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 | €3,668 | €15,863 | +€12,195 | +332.5% |
| Current assets | 29/58 | €3,668 | €15,863 | +€12,195 | +332.5% |
| Stocks and contracts in progress | 3 | - | €5,320 | +€5,320 | |
| Stocks | 30/36 | - | €5,320 | +€5,320 | |
| Amounts receivable within one year | 40/41 | €2,958 | - | -€2,958 | |
| Trade receivables | 40 | €2,958 | - | -€2,958 | |
| Cash at bank and in hand | 54/58 | €710 | €10,543 | +€9,833 | +1384.9% |
| Total equity and liabilities | 10/49 | €3,668 | €15,863 | +€12,195 | +332.5% |
| Equity | 10/15 | -€194 | €11,851 | +€12,045 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,194 | €1,851 | +€12,045 | |
| Amounts payable | 17/49 | €3,862 | €4,012 | +€150 | +3.9% |
| Amounts payable within one year | 42/48 | €3,862 | €4,012 | +€150 | +3.9% |
| Trade debts | 44 | €2,594 | €366 | -€2,228 | -85.9% |
| Suppliers | 440/4 | €2,594 | €366 | -€2,228 | -85.9% |
| Taxes, remuneration and social security | 45 | €1,268 | €3,346 | +€2,078 | +163.9% |
| Taxes | 450/3 | €458 | €1,287 | +€829 | +181.0% |
| Remuneration and social security | 454/9 | €810 | €2,059 | +€1,249 | +154.2% |
| Other amounts payable | 47/48 | - | €300 | +€300 | |
| Remuneration, social security and pensions | 62 | €10,949 | €10,275 | -€674 | -6.2% |
| Gross operating margin | 9900 | €714 | €22,418 | +€21,704 | +3039.8% |
| Operating profit (loss) | 9901 | -€10,235 | €12,143 | +€22,378 | |
| Financial income | 75/76B | €41 | - | -€41 | |
| Recurring financial income | 75 | €41 | - | -€41 | |
| Financial charges | 65/66B | - | €98 | +€98 | |
| Recurring financial charges | 65 | - | €98 | +€98 | |
| Profit (loss) for the period before taxes | 9903 | -€10,194 | €12,045 | +€22,239 | |
| Profit (loss) for the period | 9904 | -€10,194 | €12,045 | +€22,239 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,194 | €12,045 | +€22,239 |
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 2 October 2026 via checked.be.