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BOOMLAND: 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.

What changed

BOOMLAND

BE 0466.055.405
financial year 2020 compared with 2019filed annual accounts (NBB)
Net result for the year
€461,821
2019 · -€37,957+€499,779
Equity
€10,448
2019 · -€451,373+€461,821
Cash
€541,618
2019 · €2,311+€539,307
Balance sheet total
€699,777
2019 · €240,899+€458,878

Largest movements

2019 to 2020
Assets
  • Current assets +€597,935

    up €597,935 (+9,273%), from €6,448 to €604,383

    of which Cash: +€539,307

  • Tangible fixed assets -€139,058

    down €139,058 (-59.3%), from €234,451 to €95,394

Equity and liabilities
  • Equity +€461,821

    up €461,821, from -€451,373 to €10,448

    of which Profit (loss) carried forward: +€461,821

Income statement
  • Gross operating margin +€488,479

    up €488,479, from -€14,986 to €473,494

  • Depreciation -€9,755

    down €9,755 (-48.3%), from €20,209 to €10,454

From the 2019 result to the 2020 result

effect on the 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.

Result 2019 -€37,957
Gross operating margin +€488,479
Depreciation +€9,755
Other operating items +€1,674
Financial charges -€130
Result 2020 €461,821
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2019 to 2020

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 20 lines
Line Code 2019 2020 Change %
Total assets 20/58 €240,899 €699,777 +€458,878 +190%
Fixed assets 21/28 €234,451 €95,394 -€139,058 -59.3%
Tangible fixed assets 22/27 €234,451 €95,394 -€139,058 -59.3%
Current assets 29/58 €6,448 €604,383 +€597,935 +9,273%
Amounts receivable within one year 40/41 €2,543 €62,765 +€60,222 +2,368%
Cash at bank and in hand 54/58 €2,311 €541,618 +€539,307 +23,335%
Total equity and liabilities 10/49 €240,899 €699,777 +€458,878 +190%
Equity 10/15 -€451,373 €10,448 +€461,821
Contributions 10/11 €24,789 - -€24,789
Profit (loss) carried forward 14 -€476,162 -€14,341 +€461,821 +97.0%
Amounts payable 17/49 €692,272 €689,329 -€2,943 -0.4%
Amounts payable within one year 42/48 €692,230 €689,327 -€2,903 -0.4%
Trade debts 44 €9,763 - -€9,763
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €20,209 €10,454 -€9,755 -48.3%
Gross operating margin 9900 -€14,986 €473,494 +€488,479
Operating profit (loss) 9901 -€37,908 €462,000 +€499,908
Recurring financial charges 65 €49 €179 +€130 +262%
Profit (loss) for the period before taxes 9903 -€37,957 €461,821 +€499,779
Profit (loss) for the period 9904 -€37,957 €461,821 +€499,779
Profit (loss) for the period to be appropriated 9905 -€37,957 €461,821 +€499,779

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 14 October 2026 via checked.be.