BIG BAD WOLF: 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.
BIG BAD WOLF
Largest movements
- Current assets -€200,143
down €200,143 (-86.4%), from €231,514 to €31,372
of which Receivables within one year: -€183,512
- Tangible fixed assets -€21,392
down €21,392 (-24.5%), from €87,180 to €65,788
- Debts -€634,938
down €634,938 (-58.6%), from €1.1m to €447,655
of which Debts within one year: -€434,060
- Profit (loss) carried forward +€413,403
up €413,403 (+26.1%), from -€1.6m to -€1.2m
- Gross operating margin +€289,781
up €289,781 (+133.0%), from €217,883 to €507,664
- Depreciation -€9,192
down €9,192 (-30.1%), from €30,584 to €21,392
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
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 | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €318,894 | €97,360 | -€221,535 | -69.5% |
| Fixed assets | 21/28 | €87,380 | €65,988 | -€21,392 | -24.5% |
| Tangible fixed assets | 22/27 | €87,180 | €65,788 | -€21,392 | -24.5% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €231,514 | €31,372 | -€200,143 | -86.4% |
| Amounts receivable within one year | 40/41 | €212,429 | €28,917 | -€183,512 | -86.4% |
| Current investments | 50/53 | €8 | - | -€8 | |
| Cash at bank and in hand | 54/58 | €15,387 | €2,403 | -€12,984 | -84.4% |
| Total equity and liabilities | 10/49 | €318,894 | €97,360 | -€221,535 | -69.5% |
| Equity | 10/15 | -€763,699 | -€350,296 | +€413,403 | +54.1% |
| Contributions | 10/11 | €818,600 | €818,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,584,159 | -€1,170,756 | +€413,403 | +26.1% |
| Amounts payable | 17/49 | €1,082,593 | €447,655 | -€634,938 | -58.6% |
| Amounts payable after more than one year | 17 | €454,509 | €230,051 | -€224,458 | -49.4% |
| Amounts payable within one year | 42/48 | €623,326 | €189,266 | -€434,060 | -69.6% |
| Trade debts | 44 | €157,075 | €76,409 | -€80,667 | -51.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,584 | €21,392 | -€9,192 | -30.1% |
| Gross operating margin | 9900 | €217,883 | €507,664 | +€289,781 | +133.0% |
| Operating profit (loss) | 9901 | -€1,183,084 | €416,758 | +€1.6m | |
| Recurring financial income | 75 | €20 | €135 | +€116 | +581.5% |
| Recurring financial charges | 65 | €12,314 | €5,990 | -€6,324 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,195,379 | €413,403 | +€1.6m | |
| Income taxes | 67/77 | €385 | - | -€385 | |
| Profit (loss) for the period | 9904 | -€1,195,763 | €413,403 | +€1.6m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,195,763 | €413,403 | +€1.6m |
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 12 October 2026 via checked.be.