1 clean 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.
1 clean up
Largest movements
- Current assets +€18,060
up €18,060 (+33.0%), from €54,741 to €72,801
of which Receivables within one year: +€12,739
- Tangible fixed assets +€860
up €860 (+14.7%), from €5,861 to €6,721
- Debts within one year +€14,129
up €14,129 (+20.5%), from €69,002 to €83,131
- Profit (loss) carried forward +€4,091
up €4,091 (+58.6%), from -€6,987 to -€2,896
- Gross operating margin +€72,086
up €72,086 (+24.4%), from €295,341 to €367,427
From the 2011 result to the 2012 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2011 | 2012 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,015 | €80,235 | +€18,220 | +29.4% |
| Fixed assets | 21/28 | €7,274 | €7,434 | +€160 | +2.2% |
| Intangible fixed assets | 21 | €1,167 | €467 | -€700 | -60.0% |
| Tangible fixed assets | 22/27 | €5,861 | €6,721 | +€860 | +14.7% |
| Financial fixed assets | 28 | €246 | €246 | = | 0.0% |
| Current assets | 29/58 | €54,741 | €72,801 | +€18,060 | +33.0% |
| Amounts receivable within one year | 40/41 | €4,580 | €17,319 | +€12,739 | +278.1% |
| Cash at bank and in hand | 54/58 | €18,997 | €23,228 | +€4,231 | +22.3% |
| Total equity and liabilities | 10/49 | €62,015 | €80,235 | +€18,220 | +29.4% |
| Equity | 10/15 | -€6,987 | -€2,896 | +€4,091 | +58.6% |
| Profit (loss) carried forward | 14 | -€6,987 | -€2,896 | +€4,091 | +58.6% |
| Amounts payable | 17/49 | €69,002 | €83,131 | +€14,129 | +20.5% |
| Amounts payable within one year | 42/48 | €69,002 | €83,131 | +€14,129 | +20.5% |
| Trade debts | 44 | €4,032 | €1,842 | -€2,190 | -54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,370 | €2,850 | +€480 | +20.3% |
| Gross operating margin | 9900 | €295,341 | €367,427 | +€72,086 | +24.4% |
| Operating profit (loss) | 9901 | -€12,445 | €4,450 | +€16,895 | |
| Recurring financial income | 75 | €15 | €17 | +€2 | +13.3% |
| Recurring financial charges | 65 | €175 | €373 | +€198 | +113.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,605 | €4,094 | +€16,699 | |
| Profit (loss) for the period | 9904 | -€10,885 | €4,094 | +€14,979 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2011 and 31 December 2012. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.