Barbara Van den Abeele: 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.
Barbara Van den Abeele
Largest movements
- Current investments +€69,992
new in 2021: €69,992
- Cash -€47,753
down €47,753 (-88.6%), from €53,893 to €6,140
mainly Current investments (-€69,992) and Receivables within one year (-€27,164)
- Receivables within one year +€27,164
up €27,164 (+276%), from €9,840 to €37,005
- Tangible fixed assets +€2,132
up €2,132 (+29.9%), from €7,120 to €9,252
- Equity +€53,893
up €53,893 (+157%), from €34,425 to €88,318
of which Reserves: +€53,893
- Debts within one year -€2,358
down €2,358 (-6.5%), from €36,428 to €34,070
- Gross operating margin +€28,549
up €28,549 (+66.0%), from €43,276 to €71,826
- Taxes +€5,811
up €5,811 (+65.9%), from €8,823 to €14,634
- Financial income +€1,437
new in 2021: €1,437
- Depreciation +€1,055
up €1,055 (+52.7%), from €2,003 to €3,057
- Other operating charges +€1,038
new in 2021: €1,038
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 | €70,853 | €122,388 | +€51,535 | +72.7% |
| Fixed assets | 21/28 | €7,120 | €9,252 | +€2,132 | +29.9% |
| Tangible fixed assets | 22/27 | €7,120 | €9,252 | +€2,132 | +29.9% |
| Furniture and vehicles | 24 | - | €9,252 | +€9,252 | |
| Current assets | 29/58 | €63,733 | €113,137 | +€49,404 | +77.5% |
| Amounts receivable within one year | 40/41 | €9,840 | €37,005 | +€27,164 | +276% |
| Trade receivables | 40 | - | €37,005 | +€37,005 | |
| Current investments | 50/53 | - | €69,992 | +€69,992 | |
| Cash at bank and in hand | 54/58 | €53,893 | €6,140 | -€47,753 | -88.6% |
| Total equity and liabilities | 10/49 | €70,853 | €122,388 | +€51,535 | +72.7% |
| Equity | 10/15 | €34,425 | €88,318 | +€53,893 | +157% |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Reserves | 13 | €31,425 | €85,318 | +€53,893 | +171% |
| Distributable reserves | 133 | - | €85,318 | +€85,318 | |
| Amounts payable | 17/49 | €36,428 | €34,070 | -€2,358 | -6.5% |
| Amounts payable within one year | 42/48 | €36,428 | €34,070 | -€2,358 | -6.5% |
| Trade debts | 44 | €455 | €1,060 | +€605 | +133% |
| Suppliers | 440/4 | - | €1,060 | +€1,060 | |
| Taxes, remuneration and social security | 45 | - | €27,257 | +€27,257 | |
| Taxes | 450/3 | - | €25,100 | +€25,100 | |
| Remuneration and social security | 454/9 | - | €2,157 | +€2,157 | |
| Other amounts payable | 47/48 | - | €5,753 | +€5,753 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,003 | €3,057 | +€1,055 | +52.7% |
| Other operating charges | 640/8 | - | €1,038 | +€1,038 | |
| Gross operating margin | 9900 | €43,276 | €71,826 | +€28,549 | +66.0% |
| Operating profit (loss) | 9901 | €40,327 | €67,730 | +€27,403 | +68.0% |
| Financial income | 75/76B | - | €1,437 | +€1,437 | |
| Recurring financial income | 75 | - | €1,437 | +€1,437 | |
| Financial charges | 65/66B | - | €640 | +€640 | |
| Recurring financial charges | 65 | €79 | €640 | +€561 | +711% |
| Profit (loss) for the period before taxes | 9903 | €40,248 | €68,527 | +€28,278 | +70.3% |
| Income taxes | 67/77 | €8,823 | €14,634 | +€5,811 | +65.9% |
| Profit (loss) for the period | 9904 | €31,425 | €53,893 | +€22,468 | +71.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,425 | €53,893 | +€22,468 | +71.5% |
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 25 October 2026 via checked.be.