XTRA-TIME: 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.
XTRA-TIME
Largest movements
- Cash -€4,235
down €4,235 (-29.9%), from €14,169 to €9,934
- Receivables within one year +€2,261
up €2,261 (+155.0%), from €1,458 to €3,719
of which Trade receivables: +€3,150
- Stocks and contracts +€552
up €552 (+147.8%), from €373 to €925
- Profit (loss) carried forward -€6,645
down €6,645 (-42.3%), from €15,701 to €9,056
- Debts within one year +€5,345
up €5,345 (+488.5%), from €1,094 to €6,439
of which Tax, wage and social debts: +€3,431
- Purchases and services +€129,329
new in 2022: €129,329
- Turnover +€77,129
up €77,129 (+99.8%), from €77,297 to €154,426
- Staff costs +€26,491
new in 2022: €26,491
- Gross operating margin +€4,790
up €4,790 (+21.2%), from €22,542 to €27,332
From the 2020 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,855 | €23,555 | -€1,301 | -5.2% |
| Fixed assets | 21/28 | €5,854 | €5,975 | +€122 | +2.1% |
| Tangible fixed assets | 22/27 | €5,854 | €5,975 | +€122 | +2.1% |
| Plant, machinery and equipment | 23 | - | €3,464 | +€3,464 | |
| Furniture and vehicles | 24 | - | €2,511 | +€2,511 | |
| Current assets | 29/58 | €19,002 | €17,579 | -€1,422 | -7.5% |
| Stocks and contracts in progress | 3 | €373 | €925 | +€552 | +147.8% |
| Stocks | 30/36 | - | €925 | +€925 | |
| Amounts receivable within one year | 40/41 | €1,458 | €3,719 | +€2,261 | +155.0% |
| Trade receivables | 40 | - | €3,150 | +€3,150 | |
| Other amounts receivable | 41 | - | €569 | +€569 | |
| Current investments | 50/53 | €3,001 | €3,001 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,169 | €9,934 | -€4,235 | -29.9% |
| Total equity and liabilities | 10/49 | €24,855 | €23,555 | -€1,301 | -5.2% |
| Equity | 10/15 | €23,761 | €17,116 | -€6,645 | -28.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €15,701 | €9,056 | -€6,645 | -42.3% |
| Amounts payable | 17/49 | €1,094 | €6,439 | +€5,345 | +488.5% |
| Amounts payable within one year | 42/48 | €1,094 | €6,439 | +€5,345 | +488.5% |
| Trade debts | 44 | €140 | €991 | +€851 | +607.9% |
| Suppliers | 440/4 | - | €991 | +€991 | |
| Taxes, remuneration and social security | 45 | - | €3,431 | +€3,431 | |
| Taxes | 450/3 | - | €3,071 | +€3,071 | |
| Remuneration and social security | 454/9 | - | €361 | +€361 | |
| Other amounts payable | 47/48 | - | €2,017 | +€2,017 | |
| Turnover | 70 | €77,297 | €154,426 | +€77,129 | +99.8% |
| Non-recurring operating income | 76A | - | €2,235 | +€2,235 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €129,329 | +€129,329 | |
| Remuneration, social security and pensions | 62 | - | €26,491 | +€26,491 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,324 | €2,971 | -€1,353 | -31.3% |
| Gross operating margin | 9900 | €22,542 | €27,332 | +€4,790 | +21.2% |
| Operating profit (loss) | 9901 | €11,676 | -€2,130 | -€13,806 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | - | €100 | +€100 | |
| Recurring financial charges | 65 | €370 | €100 | -€270 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | €11,306 | -€2,227 | -€13,533 | |
| Income taxes | 67/77 | €94 | - | -€94 | |
| Profit (loss) for the period | 9904 | €11,212 | -€2,227 | -€13,439 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,212 | -€2,227 | -€13,439 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.