ADVERTISING CONSULT: what changed
ADVERTISING CONSULT
Largest movements
- Tangible fixed assets -€5,482
down €5,482 (-11.9%), from €45,970 to €40,488
- Cash -€3,831
down €3,831 (-83.7%), from €4,577 to €746
mainly Net result for the year (-€6,855) and Receivables within one year (-€2,118)
- Receivables within one year +€2,118
up €2,118 (+4.7%), from €45,416 to €47,534
- Profit (loss) carried forward -€6,855
down €6,855 (-13.3%), from €51,597 to €44,742
- Gross operating margin -€12,154
down €12,154 (-94.2%), from €12,902 to €747
Change in the result, 2020 to 2021
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2020 and 2021 balance sheets and the 2021 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,522 | €126,326 | -€7,195 | -5.4% |
| Fixed assets | 21/28 | €83,529 | €78,047 | -€5,482 | -6.6% |
| Tangible fixed assets | 22/27 | €45,970 | €40,488 | -€5,482 | -11.9% |
| Financial fixed assets | 28 | €37,559 | €37,559 | = | 0.0% |
| Current assets | 29/58 | €49,993 | €48,280 | -€1,713 | -3.4% |
| Amounts receivable within one year | 40/41 | €45,416 | €47,534 | +€2,118 | +4.7% |
| Cash at bank and in hand | 54/58 | €4,577 | €746 | -€3,831 | -83.7% |
| Total equity and liabilities | 10/49 | €133,522 | €126,326 | -€7,195 | -5.4% |
| Equity | 10/15 | €103,407 | €96,552 | -€6,855 | -6.6% |
| Contributions | 10/11 | €47,100 | €47,100 | = | 0.0% |
| Reserves | 13 | €4,710 | €4,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,597 | €44,742 | -€6,855 | -13.3% |
| Amounts payable | 17/49 | €30,115 | €29,775 | -€340 | -1.1% |
| Amounts payable within one year | 42/48 | €30,115 | €29,775 | -€340 | -1.1% |
| Trade debts | 44 | €348 | €528 | +€180 | +51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,482 | €5,482 | +€0 | 0.0% |
| Gross operating margin | 9900 | €12,902 | €747 | -€12,154 | -94.2% |
| Operating profit (loss) | 9901 | -€12,614 | -€6,810 | +€5,805 | +46.0% |
| Recurring financial charges | 65 | €432 | €46 | -€387 | -89.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,047 | -€6,855 | +€6,191 | +47.5% |
| Profit (loss) for the period | 9904 | -€13,047 | -€6,855 | +€6,191 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,047 | -€6,855 | +€6,191 | +47.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2020 and 31 March 2021. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.