Write Up: 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.
Write Up
Largest movements
- Receivables within one year -€15,321
down €15,321 (-49.8%), from €30,739 to €15,419
of which Trade receivables: -€26,446
- Financial fixed assets -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Deferred charges and accrued income +€8,960
up €8,960 (+15470.3%), from €58 to €9,018
- Trade debts -€16,856
down €16,856 (-84.4%), from €19,968 to €3,112
- Tax, wage and social debts +€7,096
up €7,096 (+66.6%), from €10,658 to €17,754
of which Taxes: +€5,937
- Current portion of long-term debt -€4,712
down €4,712 (-100.0%), from €4,712 to €0
- Debts after one year -€2,782
down €2,782 (-100.0%), from €2,782 to €0
- Short-term financial debts +€1,198
up €1,198 (+850.0%), from €141 to €1,339
- Depreciation -€10,428
down €10,428 (-100.0%), from €10,428 to €0
- Gross operating margin +€7,526
up €7,526 (+17.8%), from €42,218 to €49,744
- Staff costs +€4,037
up €4,037 (+11.8%), from €34,285 to €38,322
- Taxes +€3,350
up €3,350 (+798.8%), from €419 to €3,770
- Financial income +€1,622
up €1,622 (+2540.9%), from €64 to €1,686
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 | €40,797 | €24,446 | -€16,351 | -40.1% |
| Fixed assets | 21/28 | €10,000 | €0 | -€10,000 | -100.0% |
| Financial fixed assets | 28 | €10,000 | €0 | -€10,000 | -100.0% |
| Current assets | 29/58 | €30,797 | €24,446 | -€6,351 | -20.6% |
| Amounts receivable within one year | 40/41 | €30,739 | €15,419 | -€15,321 | -49.8% |
| Trade receivables | 40 | €28,589 | €2,142 | -€26,446 | -92.5% |
| Other amounts receivable | 41 | €2,151 | €13,276 | +€11,126 | +517.3% |
| Cash at bank and in hand | 54/58 | €0 | €9 | +€9 | |
| Deferred charges and accrued income | 490/1 | €58 | €9,018 | +€8,960 | +15470.3% |
| Total equity and liabilities | 10/49 | €40,797 | €24,446 | -€16,351 | -40.1% |
| Equity | 10/15 | €1,710 | €2,240 | +€531 | +31.0% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,510 | €2,040 | +€531 | +35.2% |
| Amounts payable | 17/49 | €39,088 | €22,206 | -€16,882 | -43.2% |
| Amounts payable after more than one year | 17 | €2,782 | €0 | -€2,782 | -100.0% |
| Financial debts | 170/4 | €2,782 | €0 | -€2,782 | -100.0% |
| Amounts payable within one year | 42/48 | €36,306 | €22,206 | -€14,100 | -38.8% |
| Current portion of amounts payable after more than one year | 42 | €4,712 | €0 | -€4,712 | -100.0% |
| Financial debts | 43 | €141 | €1,339 | +€1,198 | +850.0% |
| Credit institutions | 430/8 | €141 | €1,339 | +€1,198 | +850.0% |
| Trade debts | 44 | €19,968 | €3,112 | -€16,856 | -84.4% |
| Suppliers | 440/4 | €19,968 | €3,112 | -€16,856 | -84.4% |
| Taxes, remuneration and social security | 45 | €10,658 | €17,754 | +€7,096 | +66.6% |
| Taxes | 450/3 | €7,583 | €13,520 | +€5,937 | +78.3% |
| Remuneration and social security | 454/9 | €3,075 | €4,234 | +€1,159 | +37.7% |
| Other amounts payable | 47/48 | €827 | €0 | -€827 | -100.0% |
| Remuneration, social security and pensions | 62 | €34,285 | €38,322 | +€4,037 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,428 | €0 | -€10,428 | -100.0% |
| Other operating charges | 640/8 | €574 | €1,345 | +€770 | +134.1% |
| Non-recurring operating charges | 66A | - | €4,740 | +€4,740 | |
| Gross operating margin | 9900 | €42,218 | €49,744 | +€7,526 | +17.8% |
| Operating profit (loss) | 9901 | -€3,068 | €5,338 | +€8,406 | |
| Financial income | 75/76B | €64 | €1,686 | +€1,622 | +2540.9% |
| Recurring financial income | 75 | €64 | €1,686 | +€1,622 | +2540.9% |
| Financial charges | 65/66B | €1,361 | €2,723 | +€1,363 | +100.1% |
| Recurring financial charges | 65 | €1,361 | €2,723 | +€1,363 | +100.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,365 | €4,300 | +€8,666 | |
| Income taxes | 67/77 | €419 | €3,770 | +€3,350 | +798.8% |
| Profit (loss) for the period | 9904 | -€4,785 | €531 | +€5,315 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,785 | €531 | +€5,315 |
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 28 September 2026 via checked.be.