BLUSUN: what changed
Two fiscal 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.
BLUSUN
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts +€1.7m
up €1.7m (+3.3%), from €51.4m to €53.1m
of which Accrued charges and deferred income: +€17.9m
- Equity -€1.7m
down €1.7m (-3.3%), from -€50.3m to -€52.0m
of which Profit (loss) carried forward: -€1.7m
- Financial charges +€1.7m
new in 2021: €1.7m
- Other operating charges +€868
new in 2021: €868
- Gross operating margin -€66
down €66 (-1.5%), from -€4,275 to -€4,341
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.
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 | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,059,894 | €1,060,797 | +€903 | +0.1% |
| Current assets | 29/58 | €1,059,894 | €1,060,797 | +€903 | +0.1% |
| Amounts receivable within one year | 40/41 | €1,059,894 | €1,060,797 | +€903 | +0.1% |
| Other amounts receivable | 41 | - | €1,060,797 | +€1.1m | |
| Total equity and liabilities | 10/49 | €1,059,894 | €1,060,797 | +€903 | +0.1% |
| Equity | 10/15 | -€50,342,523 | -€52,022,025 | -€1.7m | -3.3% |
| Contributions | 10/11 | - | €80,000 | +€80,000 | |
| Capital | 10 | - | €80,000 | +€80,000 | |
| Issued capital | 100 | - | €80,000 | +€80,000 | |
| Reserves | 13 | €58 | €58 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €58 | +€58 | |
| Legal reserve | 130 | - | €58 | +€58 | |
| Profit (loss) carried forward | 14 | -€50,422,581 | -€52,102,082 | -€1.7m | -3.3% |
| Amounts payable | 17/49 | €51,402,417 | €53,082,822 | +€1.7m | +3.3% |
| Amounts payable after more than one year | 17 | €8,370,160 | €8,370,160 | = | 0.0% |
| Financial debts | 170/4 | - | €8,370,160 | +€8.4m | |
| Amounts payable within one year | 42/48 | €26,818,137 | €26,824,510 | +€6,373 | 0.0% |
| Financial debts | 43 | - | €387 | +€387 | |
| Credit institutions | 430/8 | - | €387 | +€387 | |
| Trade debts | 44 | €4,401 | €10,513 | +€6,112 | +138.9% |
| Suppliers | 440/4 | - | €10,513 | +€10,513 | |
| Other amounts payable | 47/48 | - | €26,813,610 | +€26.8m | |
| Accrued charges and deferred income | 492/3 | - | €17,888,152 | +€17.9m | |
| Other operating charges | 640/8 | - | €868 | +€868 | |
| Gross operating margin | 9900 | -€4,275 | -€4,341 | -€66 | -1.5% |
| Operating profit (loss) | 9901 | -€5,216 | -€5,209 | +€7 | +0.1% |
| Financial charges | 65/66B | - | €1,674,292 | +€1.7m | |
| Recurring financial charges | 65 | €1,674,497 | €1,674,292 | -€204 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,679,712 | -€1,679,501 | +€211 | 0.0% |
| Profit (loss) for the period | 9904 | -€1,679,712 | -€1,679,501 | +€211 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,679,712 | -€1,679,501 | +€211 | 0.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.