ASIAN EXPERIENCE: 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.
ASIAN EXPERIENCE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Turnover -€37,166
no longer reported in 2020 (was €37,166)
- Gross operating margin -€19,659
down €19,659 (-100%), from €19,659 to €0
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,545 | €130,222 | -€323 | -0.2% |
| Formation expenses | 20 | €554 | €221 | -€333 | -60.0% |
| Current assets | 29/58 | €129,991 | €130,000 | +€9 | 0.0% |
| Stocks and contracts in progress | 3 | €117,106 | €117,106 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,885 | €12,885 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €0 | €9 | +€9 | |
| Total equity and liabilities | 10/49 | €130,545 | €130,222 | -€323 | -0.2% |
| Equity | 10/15 | €2,395 | €2,003 | -€392 | -16.4% |
| Contributions | 10/11 | €8,000 | - | -€8,000 | |
| Profit (loss) carried forward | 14 | -€5,605 | -€5,997 | -€392 | -7.0% |
| Amounts payable | 17/49 | €128,150 | €128,219 | +€69 | +0.1% |
| Amounts payable within one year | 42/48 | €128,150 | €128,219 | +€69 | +0.1% |
| Trade debts | 44 | €2,565 | €1,839 | -€726 | -28.3% |
| Turnover | 70 | €37,166 | - | -€37,166 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €332 | €332 | +€0 | 0.0% |
| Gross operating margin | 9900 | €19,659 | €0 | -€19,659 | -100% |
| Operating profit (loss) | 9901 | €17,975 | -€332 | -€18,307 | |
| Recurring financial charges | 65 | €55 | €61 | +€6 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €17,920 | -€393 | -€18,313 | |
| Profit (loss) for the period | 9904 | €17,920 | -€393 | -€18,313 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,920 | -€393 | -€18,313 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.