Bell@dmin: 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.
Bell@dmin
Largest movements
- Cash +€7,905
up €7,905 (+891.5%), from €887 to €8,792
mainly Net result for the year (+€5,632) and Depreciation (+€1,630)
- Tangible fixed assets -€1,630
down €1,630 (-20.3%), from €8,012 to €6,382
- Equity +€5,632
up €5,632 (+64.5%), from €8,733 to €14,365
of which Profit (loss) carried forward: +€5,632
- Debts within one year +€644
up €644 (+15.7%), from €4,098 to €4,742
- Gross operating margin +€6,965
up €6,965 (+1531.0%), from €455 to €7,420
- Depreciation +€1,630
new in 2020: €1,630
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.
Cash bridge derived
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 | €12,831 | €19,106 | +€6,275 | +48.9% |
| Fixed assets | 21/28 | €11,944 | €10,315 | -€1,630 | -13.6% |
| Intangible fixed assets | 21 | €3,933 | €3,933 | = | 0.0% |
| Tangible fixed assets | 22/27 | €8,012 | €6,382 | -€1,630 | -20.3% |
| Current assets | 29/58 | €887 | €8,792 | +€7,905 | +891.5% |
| Cash at bank and in hand | 54/58 | €887 | €8,792 | +€7,905 | +891.5% |
| Total equity and liabilities | 10/49 | €12,831 | €19,106 | +€6,275 | +48.9% |
| Equity | 10/15 | €8,733 | €14,365 | +€5,632 | +64.5% |
| Contributions | 10/11 | €13,600 | - | -€13,600 | |
| Profit (loss) carried forward | 14 | -€4,867 | €765 | +€5,632 | |
| Amounts payable | 17/49 | €4,098 | €4,742 | +€644 | +15.7% |
| Amounts payable within one year | 42/48 | €4,098 | €4,742 | +€644 | +15.7% |
| Trade debts | 44 | - | €90 | +€90 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,630 | +€1,630 | |
| Gross operating margin | 9900 | €455 | €7,420 | +€6,965 | +1531.0% |
| Operating profit (loss) | 9901 | -€17 | €5,671 | +€5,688 | |
| Recurring financial charges | 65 | €39 | €39 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€56 | €5,632 | +€5,688 | |
| Profit (loss) for the period | 9904 | -€56 | €5,632 | +€5,688 | |
| Profit (loss) for the period to be appropriated | 9905 | -€56 | €5,632 | +€5,688 |
Source: filed annual accounts (NBB), financial years ended 30 June 2019 and 30 June 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.