THE KING AGHA: 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.
THE KING AGHA
Largest movements
- Cash -€1,105
down €1,105 (-45.0%), from €2,452 to €1,348
mainly Net result for the year (-€1,480)
- Profit (loss) carried forward -€1,480
down €1,480 (-69.1%), from €2,143 to €663
- Tax, wage and social debts +€375
up €375 (+2,699%), from €14 to €389
- Gross operating margin -€1,325
down €1,325 (-857%), from -€155 to -€1,480
- Other operating charges -€180
no longer reported in 2022 (was €180)
- Financial charges -€73
no longer reported in 2022 (was €73)
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 | €3,056 | €1,951 | -€1,105 | -36.2% |
| Current assets | 29/58 | €3,056 | €1,951 | -€1,105 | -36.2% |
| Amounts receivable within one year | 40/41 | €603 | €603 | = | 0.0% |
| Other amounts receivable | 41 | €603 | €603 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,452 | €1,348 | -€1,105 | -45.0% |
| Total equity and liabilities | 10/49 | €3,056 | €1,951 | -€1,105 | -36.2% |
| Equity | 10/15 | €2,143 | €663 | -€1,480 | -69.1% |
| Profit (loss) carried forward | 14 | €2,143 | €663 | -€1,480 | -69.1% |
| Amounts payable | 17/49 | €913 | €1,288 | +€375 | +41.1% |
| Amounts payable within one year | 42/48 | €913 | €1,288 | +€375 | +41.1% |
| Trade debts | 44 | €899 | €899 | = | 0.0% |
| Suppliers | 440/4 | €899 | €899 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €14 | €389 | +€375 | +2,699% |
| Taxes | 450/3 | €14 | €389 | +€375 | +2,699% |
| Non-recurring operating income | 76A | €4,000 | - | -€4,000 | |
| Other operating charges | 640/8 | €180 | - | -€180 | |
| Gross operating margin | 9900 | -€155 | -€1,480 | -€1,325 | -857% |
| Operating profit (loss) | 9901 | -€335 | -€1,480 | -€1,145 | -342% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €73 | - | -€73 | |
| Recurring financial charges | 65 | €73 | - | -€73 | |
| Profit (loss) for the period before taxes | 9903 | -€408 | -€1,480 | -€1,072 | -263% |
| Profit (loss) for the period | 9904 | -€408 | -€1,480 | -€1,072 | -263% |
| Profit (loss) for the period to be appropriated | 9905 | -€408 | -€1,480 | -€1,072 | -263% |
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 29 October 2026 via checked.be.