BE-SAVE: 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.
BE-SAVE
Largest movements
- Current assets +€327,287
up €327,287 (+139%), from €235,376 to €562,663
of which Receivables within one year: +€271,264
- Tangible fixed assets -€67,327
down €67,327 (-5.9%), from €1.1m to €1.1m
- Debts +€254,975
up €254,975 (+19.4%), from €1.3m to €1.6m
of which Debts within one year: +€211,959
- Gross operating margin +€51,799
up €51,799 (+52.7%), from €98,215 to €150,014
- Depreciation -€7,568
down €7,568 (-7.6%), from €99,606 to €92,038
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,368,725 | €1,628,684 | +€259,959 | +19.0% |
| Fixed assets | 21/28 | €1,133,349 | €1,066,022 | -€67,327 | -5.9% |
| Tangible fixed assets | 22/27 | €1,133,324 | €1,065,997 | -€67,327 | -5.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €235,376 | €562,663 | +€327,287 | +139% |
| Amounts receivable within one year | 40/41 | €155,724 | €426,988 | +€271,264 | +174% |
| Cash at bank and in hand | 54/58 | €1,611 | €50,740 | +€49,128 | +3,049% |
| Total equity and liabilities | 10/49 | €1,368,725 | €1,628,684 | +€259,959 | +19.0% |
| Equity | 10/15 | €56,913 | €61,897 | +€4,984 | +8.8% |
| Reserves | 13 | €38,313 | €43,297 | +€4,984 | +13.0% |
| Amounts payable | 17/49 | €1,311,812 | €1,566,787 | +€254,975 | +19.4% |
| Amounts payable after more than one year | 17 | €731,930 | €750,000 | +€18,070 | +2.5% |
| Amounts payable within one year | 42/48 | €577,962 | €789,921 | +€211,959 | +36.7% |
| Trade debts | 44 | €3,109 | €8,350 | +€5,241 | +169% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,606 | €92,038 | -€7,568 | -7.6% |
| Gross operating margin | 9900 | €98,215 | €150,014 | +€51,799 | +52.7% |
| Operating profit (loss) | 9901 | -€4,238 | €34,087 | +€38,326 | |
| Recurring financial income | 75 | €562 | €1,276 | +€714 | +127% |
| Recurring financial charges | 65 | €28,723 | €29,640 | +€917 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€32,400 | €5,722 | +€38,122 | |
| Income taxes | 67/77 | €218 | €738 | +€520 | +238% |
| Profit (loss) for the period | 9904 | -€32,618 | €4,984 | +€37,602 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,618 | €4,984 | +€37,602 |
Source: filed annual accounts (NBB), financial years ended 31 March 2020 and 31 March 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.