CABINET JORIS-DE SCHUTTER: 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.
CABINET JORIS-DE SCHUTTER
Largest movements
- Tangible fixed assets -€5,587
down €5,587 (-45.7%), from €12,232 to €6,645
- Current assets +€2,237
up €2,237 (+18.1%), from €12,375 to €14,612
- Debts after one year -€5,637
no longer reported in 2020 (was €5,637)
- Debts within one year +€2,630
up €2,630 (+6.2%), from €42,443 to €45,073
- Equity -€343
down €343 (-1.5%), from -€23,473 to -€23,816
of which Contributions: -€1,000
- Taxes -€2,329
down €2,329 (-89.2%), from €2,612 to €283
- Gross operating margin +€1,722
up €1,722 (+36.8%), from €4,676 to €6,398
- Depreciation -€297
down €297 (-5.1%), from €5,884 to €5,587
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
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 | €24,607 | €21,257 | -€3,350 | -13.6% |
| Fixed assets | 21/28 | €12,232 | €6,645 | -€5,587 | -45.7% |
| Tangible fixed assets | 22/27 | €12,232 | €6,645 | -€5,587 | -45.7% |
| Current assets | 29/58 | €12,375 | €14,612 | +€2,237 | +18.1% |
| Cash at bank and in hand | 54/58 | €12,294 | €14,531 | +€2,237 | +18.2% |
| Total equity and liabilities | 10/49 | €24,607 | €21,257 | -€3,350 | -13.6% |
| Equity | 10/15 | -€23,473 | -€23,816 | -€343 | -1.5% |
| Contributions | 10/11 | €1,000 | - | -€1,000 | |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,573 | -€24,916 | -€343 | -1.4% |
| Amounts payable | 17/49 | €48,080 | €45,073 | -€3,007 | -6.3% |
| Amounts payable after more than one year | 17 | €5,637 | - | -€5,637 | |
| Amounts payable within one year | 42/48 | €42,443 | €45,073 | +€2,630 | +6.2% |
| Trade debts | 44 | €3,141 | €4,156 | +€1,015 | +32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,884 | €5,587 | -€297 | -5.1% |
| Gross operating margin | 9900 | €4,676 | €6,398 | +€1,722 | +36.8% |
| Operating profit (loss) | 9901 | -€1,800 | €106 | +€1,906 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Recurring financial charges | 65 | €220 | €170 | -€50 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,020 | -€60 | +€1,960 | +97.0% |
| Income taxes | 67/77 | €2,612 | €283 | -€2,329 | -89.2% |
| Profit (loss) for the period | 9904 | -€4,632 | -€343 | +€4,289 | +92.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,632 | -€343 | +€4,289 | +92.6% |
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 24 October 2026 via checked.be.