WORKWEAR 7: 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.
WORKWEAR 7
Largest movements
- Deferred charges and accrued income +€7,211
new in 2022: €7,211
- Stocks and contracts -€5,161
down €5,161 (-44.3%), from €11,656 to €6,495
- Receivables within one year +€2,766
up €2,766 (+121%), from €2,294 to €5,059
of which Other amounts receivable: +€2,765
- Tangible fixed assets -€2,545
down €2,545 (-30.1%), from €8,461 to €5,916
of which Furniture and vehicles: -€2,318
- Cash -€839
down €839 (-3.4%), from €24,901 to €24,062
mainly Net result for the year (-€9,541) and Deferred charges and accrued income (-€7,211)
- Accrued charges and deferred income +€10,481
up €10,481 (+39.8%), from €26,307 to €36,788
- Profit (loss) carried forward -€9,541
down €9,541, from €8,436 to -€1,105
- Trade debts +€1,778
up €1,778 (+89.6%), from €1,984 to €3,761
- Tax, wage and social debts -€1,544
down €1,544 (-34.9%), from €4,419 to €2,875
- Purchases and services +€82,535
new in 2022: €82,535
- Turnover +€77,807
new in 2022: €77,807
- Other operating charges -€1,580
down €1,580 (-51.3%), from €3,080 to €1,500
- Financial income -€826
no longer reported in 2022 (was €826)
of which Non-recurring financial income: -€825
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 | €48,511 | €49,942 | +€1,432 | +3.0% |
| Fixed assets | 21/28 | €9,661 | €7,116 | -€2,545 | -26.3% |
| Tangible fixed assets | 22/27 | €8,461 | €5,916 | -€2,545 | -30.1% |
| Plant, machinery and equipment | 23 | €624 | €397 | -€227 | -36.4% |
| Furniture and vehicles | 24 | €7,836 | €5,518 | -€2,318 | -29.6% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €38,850 | €42,827 | +€3,977 | +10.2% |
| Stocks and contracts in progress | 3 | €11,656 | €6,495 | -€5,161 | -44.3% |
| Stocks | 30/36 | €11,656 | €6,495 | -€5,161 | -44.3% |
| Amounts receivable within one year | 40/41 | €2,294 | €5,059 | +€2,766 | +121% |
| Trade receivables | 40 | - | €0 | +€0 | |
| Other amounts receivable | 41 | €2,294 | €5,059 | +€2,765 | +121% |
| Cash at bank and in hand | 54/58 | €24,901 | €24,062 | -€839 | -3.4% |
| Deferred charges and accrued income | 490/1 | - | €7,211 | +€7,211 | |
| Total equity and liabilities | 10/49 | €48,511 | €49,942 | +€1,432 | +3.0% |
| Equity | 10/15 | €15,800 | €6,260 | -€9,541 | -60.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,164 | €1,164 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,164 | €1,164 | = | 0.0% |
| Legal reserve | 130 | €1,164 | €1,164 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,436 | -€1,105 | -€9,541 | |
| Amounts payable | 17/49 | €32,710 | €43,683 | +€10,972 | +33.5% |
| Amounts payable within one year | 42/48 | €6,403 | €6,895 | +€492 | +7.7% |
| Trade debts | 44 | €1,984 | €3,761 | +€1,778 | +89.6% |
| Suppliers | 440/4 | €1,984 | €3,761 | +€1,778 | +89.6% |
| Taxes, remuneration and social security | 45 | €4,419 | €2,875 | -€1,544 | -34.9% |
| Taxes | 450/3 | €4,419 | €2,875 | -€1,544 | -34.9% |
| Other amounts payable | 47/48 | - | €258 | +€258 | |
| Accrued charges and deferred income | 492/3 | €26,307 | €36,788 | +€10,481 | +39.8% |
| Turnover | 70 | - | €77,807 | +€77,807 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €82,535 | +€82,535 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,564 | €2,545 | -€19 | -0.8% |
| Other operating charges | 640/8 | €3,080 | €1,500 | -€1,580 | -51.3% |
| Gross operating margin | 9900 | -€3,987 | -€4,728 | -€741 | -18.6% |
| Operating profit (loss) | 9901 | -€9,632 | -€8,773 | +€858 | +8.9% |
| Financial income | 75/76B | €826 | - | -€826 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Non-recurring financial income | 76B | €825 | - | -€825 | |
| Financial charges | 65/66B | €936 | €768 | -€169 | -18.0% |
| Recurring financial charges | 65 | €936 | €768 | -€169 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,742 | -€9,541 | +€202 | +2.1% |
| Profit (loss) for the period | 9904 | -€9,742 | -€9,541 | +€202 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,742 | -€9,541 | +€202 | +2.1% |
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 20 October 2026 via checked.be.