49/9: 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.
49/9
Largest movements
- Receivables within one year +€37,048
up €37,048 (+114.8%), from €32,263 to €69,311
- Cash +€19,520
up €19,520 (+86.6%), from €22,547 to €42,067
mainly Debts within one year (+€93,004) and Net result for the year (+€44,593)
- Debts within one year +€93,004
up €93,004 (+901.3%), from €10,319 to €103,323
- Equity -€36,436
down €36,436 (-81.9%), from €44,491 to €8,055
of which Profit (loss) carried forward: -€38,401
- Gross operating margin +€4,574
up €4,574 (+9.0%), from €50,841 to €55,414
- Taxes +€2,166
up €2,166 (+21.6%), from €10,032 to €12,198
From the 2018 result to the 2019 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 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,811 | €111,378 | +€56,567 | +103.2% |
| Current assets | 29/58 | €54,811 | €111,378 | +€56,567 | +103.2% |
| Amounts receivable within one year | 40/41 | €32,263 | €69,311 | +€37,048 | +114.8% |
| Cash at bank and in hand | 54/58 | €22,547 | €42,067 | +€19,520 | +86.6% |
| Total equity and liabilities | 10/49 | €54,811 | €111,378 | +€56,567 | +103.2% |
| Equity | 10/15 | €44,491 | €8,055 | -€36,436 | -81.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,436 | -€1,965 | -€38,401 | |
| Amounts payable | 17/49 | €10,319 | €103,323 | +€93,004 | +901.3% |
| Amounts payable within one year | 42/48 | €10,319 | €103,323 | +€93,004 | +901.3% |
| Trade debts | 44 | €287 | €63 | -€224 | -78.1% |
| Gross operating margin | 9900 | €50,841 | €55,414 | +€4,574 | +9.0% |
| Operating profit (loss) | 9901 | €50,039 | €54,955 | +€4,916 | +9.8% |
| Recurring financial income | 75 | €275 | €1,863 | +€1,588 | +576.8% |
| Recurring financial charges | 65 | €26 | €26 | +€0 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €50,288 | €56,792 | +€6,504 | +12.9% |
| Income taxes | 67/77 | €10,032 | €12,198 | +€2,166 | +21.6% |
| Profit (loss) for the period | 9904 | €40,256 | €44,593 | +€4,337 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,256 | €44,593 | +€4,337 | +10.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.