ARGOS CONSULT: 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.
ARGOS CONSULT
Largest movements
- Receivables within one year +€81,110
new in 2021: €81,110
of which Other amounts receivable: +€53,205
- Tangible fixed assets +€11,655
up €11,655 (+371%), from €3,140 to €14,795
- Cash +€9,444
up €9,444 (+423%), from €2,230 to €11,674
mainly Net result for the year (+€54,244) and Debts within one year (+€47,965)
- Profit (loss) carried forward +€54,244
up €54,244 (+85.8%), from -€63,236 to -€8,992
- Debts within one year +€47,965
up €47,965 (+178%), from €26,930 to €74,895
of which Trade debts: +€53,409
- Purchases and services +€190,591
new in 2021: €190,591
- Turnover +€144,578
up €144,578 (+118%), from €122,755 to €267,333
- Gross operating margin +€34,518
up €34,518 (+81.7%), from €42,224 to €76,742
- Taxes +€17,146
new in 2021: €17,146
- Financial charges +€3,326
new in 2021: €3,326
From the 2020 result to the 2021 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.
Derived cash bridge
Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,694 | €114,903 | +€102,209 | +805% |
| Fixed assets | 21/28 | €10,464 | €22,119 | +€11,655 | +111% |
| Tangible fixed assets | 22/27 | €3,140 | €14,795 | +€11,655 | +371% |
| Plant, machinery and equipment | 23 | - | €14,795 | +€14,795 | |
| Financial fixed assets | 28 | €7,324 | €7,324 | = | 0.0% |
| Current assets | 29/58 | €2,230 | €92,784 | +€90,554 | +4,061% |
| Amounts receivable within one year | 40/41 | - | €81,110 | +€81,110 | |
| Trade receivables | 40 | - | €27,905 | +€27,905 | |
| Other amounts receivable | 41 | - | €53,205 | +€53,205 | |
| Cash at bank and in hand | 54/58 | €2,230 | €11,674 | +€9,444 | +423% |
| Total equity and liabilities | 10/49 | €12,694 | €114,903 | +€102,209 | +805% |
| Equity | 10/15 | -€14,236 | €40,008 | +€54,244 | |
| Contributions | 10/11 | €49,000 | €49,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,236 | -€8,992 | +€54,244 | +85.8% |
| Amounts payable | 17/49 | €26,930 | €74,895 | +€47,965 | +178% |
| Amounts payable within one year | 42/48 | €26,930 | €74,895 | +€47,965 | +178% |
| Trade debts | 44 | €82 | €53,491 | +€53,409 | +65,133% |
| Suppliers | 440/4 | - | €53,491 | +€53,491 | |
| Other amounts payable | 47/48 | - | €21,404 | +€21,404 | |
| Turnover | 70 | €122,755 | €267,333 | +€144,578 | +118% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €190,591 | +€190,591 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €785 | €1,955 | +€1,170 | +149% |
| Other operating charges | 640/8 | - | €101 | +€101 | |
| Gross operating margin | 9900 | €42,224 | €76,742 | +€34,518 | +81.7% |
| Operating profit (loss) | 9901 | €40,525 | €74,686 | +€34,161 | +84.3% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | - | €3,326 | +€3,326 | |
| Recurring financial charges | 65 | €46 | €3,326 | +€3,280 | +7,130% |
| Profit (loss) for the period before taxes | 9903 | €40,479 | €71,390 | +€30,911 | +76.4% |
| Income taxes | 67/77 | - | €17,146 | +€17,146 | |
| Profit (loss) for the period | 9904 | €40,479 | €54,244 | +€13,765 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,479 | €54,244 | +€13,765 | +34.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.