c.d COLBACK: 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.
c.d COLBACK
Largest movements
- Cash +€30,738
up €30,738 (+26.5%), from €115,861 to €146,599
mainly Net result for the year (+€28,781) and Depreciation (+€12,182)
- Tangible fixed assets -€10,106
down €10,106 (-37.7%), from €26,810 to €16,704
- Reserves +€28,781
up €28,781 (+30.1%), from €95,468 to €124,249
- Debts after one year -€5,818
no longer reported in 2020 (was €5,818)
- Debts within one year -€2,331
down €2,331 (-10.2%), from €22,798 to €20,467
- Gross operating margin +€16,302
up €16,302 (+39.8%), from €40,985 to €57,288
- Taxes +€6,848
up €6,848 (+80.3%), from €8,530 to €15,378
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 | €142,671 | €163,303 | +€20,632 | +14.5% |
| Fixed assets | 21/28 | €26,810 | €16,704 | -€10,106 | -37.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €26,810 | €16,704 | -€10,106 | -37.7% |
| Current assets | 29/58 | €115,861 | €146,599 | +€30,738 | +26.5% |
| Cash at bank and in hand | 54/58 | €115,861 | €146,599 | +€30,738 | +26.5% |
| Total equity and liabilities | 10/49 | €142,671 | €163,303 | +€20,632 | +14.5% |
| Equity | 10/15 | €114,055 | €142,837 | +€28,781 | +25.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €95,468 | €124,249 | +€28,781 | +30.1% |
| Profit (loss) carried forward | 14 | €6,187 | €6,187 | = | 0.0% |
| Amounts payable | 17/49 | €28,616 | €20,467 | -€8,149 | -28.5% |
| Amounts payable after more than one year | 17 | €5,818 | - | -€5,818 | |
| Amounts payable within one year | 42/48 | €22,798 | €20,467 | -€2,331 | -10.2% |
| Trade debts | 44 | €2,899 | €4,654 | +€1,756 | +60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,900 | €12,182 | +€282 | +2.4% |
| Gross operating margin | 9900 | €40,985 | €57,288 | +€16,302 | +39.8% |
| Operating profit (loss) | 9901 | €28,535 | €44,442 | +€15,907 | +55.7% |
| Recurring financial income | 75 | €63 | €0 | -€63 | -100% |
| Recurring financial charges | 65 | €591 | €283 | -€308 | -52.1% |
| Profit (loss) for the period before taxes | 9903 | €28,007 | €44,159 | +€16,152 | +57.7% |
| Income taxes | 67/77 | €8,530 | €15,378 | +€6,848 | +80.3% |
| Profit (loss) for the period | 9904 | €19,477 | €28,781 | +€9,304 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,477 | €28,781 | +€9,304 | +47.8% |
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.