2 THE TOP: 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.
2 THE TOP
Largest movements
- Cash +€1,084
up €1,084 (+18.6%), from €5,821 to €6,904
mainly Net result for the year (+€704) and Depreciation (+€641)
- Tangible fixed assets -€303
down €303 (-31.3%), from €968 to €666
- Receivables within one year +€184
up €184 (+13.7%), from €1,340 to €1,524
- Profit (loss) carried forward +€704
up €704 (+10.7%), from €6,579 to €7,283
- Trade debts +€261
new in 2017: €261
- Gross operating margin -€349
down €349 (-17.4%), from €2,003 to €1,654
- Depreciation +€113
up €113 (+21.3%), from €528 to €641
From the 2016 result to the 2017 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 2016 and 2017 balance sheets and the 2017 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,129 | €9,094 | +€965 | +11.9% |
| Fixed assets | 21/28 | €968 | €666 | -€303 | -31.3% |
| Tangible fixed assets | 22/27 | €968 | €666 | -€303 | -31.3% |
| Current assets | 29/58 | €7,161 | €8,428 | +€1,267 | +17.7% |
| Amounts receivable within one year | 40/41 | €1,340 | €1,524 | +€184 | +13.7% |
| Cash at bank and in hand | 54/58 | €5,821 | €6,904 | +€1,084 | +18.6% |
| Total equity and liabilities | 10/49 | €8,129 | €9,094 | +€965 | +11.9% |
| Equity | 10/15 | €6,579 | €7,283 | +€704 | +10.7% |
| Profit (loss) carried forward | 14 | €6,579 | €7,283 | +€704 | +10.7% |
| Amounts payable | 17/49 | €1,550 | €1,810 | +€261 | +16.8% |
| Amounts payable after more than one year | 17 | €1,550 | €1,550 | = | 0.0% |
| Amounts payable within one year | 42/48 | - | €261 | +€261 | |
| Trade debts | 44 | - | €261 | +€261 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €528 | €641 | +€113 | +21.3% |
| Gross operating margin | 9900 | €2,003 | €1,654 | -€349 | -17.4% |
| Operating profit (loss) | 9901 | €1,001 | €740 | -€261 | -26.1% |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Recurring financial charges | 65 | €25 | €36 | +€11 | +46.3% |
| Profit (loss) for the period before taxes | 9903 | €976 | €704 | -€272 | -27.9% |
| Profit (loss) for the period | 9904 | €976 | €704 | -€272 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €976 | €704 | -€272 | -27.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.