Blank Slate: 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.
Blank Slate
Largest movements
- Receivables within one year -€17,541
down €17,541 (-47.8%), from €36,667 to €19,126
- Tangible fixed assets -€1,398
down €1,398 (-50.0%), from €2,796 to €1,398
- Debts within one year -€10,034
no longer reported in 2020 (was €10,034)
- Equity -€8,825
down €8,825 (-29.6%), from €29,819 to €20,995
of which Profit (loss) carried forward: -€8,825
- Taxes +€4,228
new in 2020: €4,228
- Gross operating margin +€897
up €897 (+46.6%), from -€1,924 to -€1,027
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 | €39,853 | €20,995 | -€18,858 | -47.3% |
| Fixed assets | 21/28 | €2,796 | €1,398 | -€1,398 | -50.0% |
| Tangible fixed assets | 22/27 | €2,796 | €1,398 | -€1,398 | -50.0% |
| Current assets | 29/58 | €37,057 | €19,597 | -€17,460 | -47.1% |
| Amounts receivable within one year | 40/41 | €36,667 | €19,126 | -€17,541 | -47.8% |
| Cash at bank and in hand | 54/58 | €390 | €470 | +€81 | +20.7% |
| Total equity and liabilities | 10/49 | €39,853 | €20,995 | -€18,858 | -47.3% |
| Equity | 10/15 | €29,819 | €20,995 | -€8,825 | -29.6% |
| Contributions | 10/11 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | €28,819 | €19,995 | -€8,825 | -30.6% |
| Amounts payable | 17/49 | €10,034 | - | -€10,034 | |
| Amounts payable within one year | 42/48 | €10,034 | - | -€10,034 | |
| Trade debts | 44 | €14 | - | -€14 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,398 | €1,398 | = | 0.0% |
| Gross operating margin | 9900 | -€1,924 | -€1,027 | +€897 | +46.6% |
| Operating profit (loss) | 9901 | -€4,306 | -€2,982 | +€1,324 | +30.7% |
| Recurring financial charges | 65 | €84 | €1,615 | +€1,531 | +1,822% |
| Profit (loss) for the period before taxes | 9903 | -€4,390 | -€4,597 | -€207 | -4.7% |
| Income taxes | 67/77 | - | €4,228 | +€4,228 | |
| Profit (loss) for the period | 9904 | -€4,390 | -€8,825 | -€4,435 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,390 | -€8,825 | -€4,435 | -101% |
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 15 October 2026 via checked.be.