T.R.P.: 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.
T.R.P.
Largest movements
- Tangible fixed assets -€11,658
down €11,658 (-3.4%), from €341,465 to €329,806
of which Land and buildings: -€13,574
- Cash +€10,107
up €10,107 (+9,997%), from €101 to €10,208
mainly Net result for the year (+€58,798) and Tax, wage and social debts (+€16,653)
- Debts after one year -€80,500
down €80,500 (-32.7%), from €246,445 to €165,946
- Profit (loss) carried forward +€58,798
up €58,798 (+210%), from €28,024 to €86,822
- Tax, wage and social debts +€16,653
up €16,653 (+42.4%), from €39,268 to €55,921
- Gross operating margin +€4,842
up €4,842 (+4.9%), from €99,351 to €104,193
- Taxes +€2,566
up €2,566 (+13.4%), from €19,113 to €21,679
- Financial income +€2,381
new in 2022: €2,381
- Financial charges -€1,158
down €1,158 (-8.8%), from €13,154 to €11,996
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 | €358,524 | €357,704 | -€819 | -0.2% |
| Fixed assets | 21/28 | €342,765 | €331,106 | -€11,658 | -3.4% |
| Tangible fixed assets | 22/27 | €341,465 | €329,806 | -€11,658 | -3.4% |
| Land and buildings | 22 | €341,180 | €327,605 | -€13,574 | -4.0% |
| Plant, machinery and equipment | 23 | €285 | €0 | -€285 | -100% |
| Furniture and vehicles | 24 | - | €2,201 | +€2,201 | |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €15,759 | €26,598 | +€10,839 | +68.8% |
| Amounts receivable within one year | 40/41 | €15,658 | €16,390 | +€732 | +4.7% |
| Trade receivables | 40 | €8,057 | €17 | -€8,040 | -99.8% |
| Other amounts receivable | 41 | €7,600 | €16,372 | +€8,772 | +115% |
| Cash at bank and in hand | 54/58 | €101 | €10,208 | +€10,107 | +9,997% |
| Total equity and liabilities | 10/49 | €358,524 | €357,704 | -€819 | -0.2% |
| Equity | 10/15 | €46,616 | €105,414 | +€58,798 | +126% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,024 | €86,822 | +€58,798 | +210% |
| Amounts payable | 17/49 | €311,907 | €252,290 | -€59,618 | -19.1% |
| Amounts payable after more than one year | 17 | €246,445 | €165,946 | -€80,500 | -32.7% |
| Financial debts | 170/4 | €246,445 | €165,946 | -€80,500 | -32.7% |
| Amounts payable within one year | 42/48 | €65,462 | €86,344 | +€20,882 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €25,049 | €26,480 | +€1,431 | +5.7% |
| Financial debts | 43 | €729 | €729 | = | 0.0% |
| Credit institutions | 430/8 | €729 | €729 | = | 0.0% |
| Trade debts | 44 | €417 | €3,215 | +€2,798 | +671% |
| Suppliers | 440/4 | €417 | €3,215 | +€2,798 | +671% |
| Taxes, remuneration and social security | 45 | €39,268 | €55,921 | +€16,653 | +42.4% |
| Taxes | 450/3 | €39,268 | €55,921 | +€16,653 | +42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,870 | €14,100 | -€770 | -5.2% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €99,351 | €104,193 | +€4,842 | +4.9% |
| Operating profit (loss) | 9901 | €84,480 | €90,092 | +€5,612 | +6.6% |
| Financial income | 75/76B | - | €2,381 | +€2,381 | |
| Recurring financial income | 75 | - | €2,381 | +€2,381 | |
| Financial charges | 65/66B | €13,154 | €11,996 | -€1,158 | -8.8% |
| Recurring financial charges | 65 | €13,154 | €11,996 | -€1,158 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €71,326 | €80,478 | +€9,151 | +12.8% |
| Income taxes | 67/77 | €19,113 | €21,679 | +€2,566 | +13.4% |
| Profit (loss) for the period | 9904 | €52,213 | €58,798 | +€6,585 | +12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,213 | €58,798 | +€6,585 | +12.6% |
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 18 October 2026 via checked.be.