CANVAS WHITE OFFICE: what changed
CANVAS WHITE OFFICE
Largest movements
- Receivables within one year +€6,077
up €6,077 (+156%), from €3,891 to €9,968
of which Trade receivables: +€9,363
- Tangible fixed assets -€3,629
down €3,629 (-88.1%), from €4,122 to €492
- Financial fixed assets -€3,600
down €3,600 (-98.0%), from €3,674 to €74
- Cash -€827
down €827 (-10.5%), from €7,881 to €7,054
mainly Debts after one year (-€39,973) and Debts within one year (-€14,492)
- Stocks and contracts -€661
no longer reported in 2021 (was €661)
- Profit (loss) carried forward +€51,824
up €51,824 (+77.7%), from -€66,673 to -€14,849
- Debts after one year -€39,973
no longer reported in 2021 (was €39,973)
- Debts within one year -€14,492
down €14,492 (-54.8%), from €26,470 to €11,977
of which Trade debts: -€15,030
- Financial income +€16,025
new in 2021: €16,025
- Gross operating margin +€4,413
up €4,413 (+12.0%), from €36,739 to €41,152
- Write-downs +€661
new in 2021: €661
- Other operating charges +€546
new in 2021: €546
Change in the result, 2020 to 2021
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2020 and 2021 balance sheets and the 2021 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,229 | €17,588 | -€2,641 | -13.1% |
| Fixed assets | 21/28 | €7,796 | €567 | -€7,229 | -92.7% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €4,122 | €492 | -€3,629 | -88.1% |
| Plant, machinery and equipment | 23 | - | €492 | +€492 | |
| Financial fixed assets | 28 | €3,674 | €74 | -€3,600 | -98.0% |
| Current assets | 29/58 | €12,433 | €17,022 | +€4,589 | +36.9% |
| Stocks and contracts in progress | 3 | €661 | - | -€661 | |
| Amounts receivable within one year | 40/41 | €3,891 | €9,968 | +€6,077 | +156% |
| Trade receivables | 40 | - | €9,363 | +€9,363 | |
| Other amounts receivable | 41 | - | €604 | +€604 | |
| Cash at bank and in hand | 54/58 | €7,881 | €7,054 | -€827 | -10.5% |
| Total equity and liabilities | 10/49 | €20,229 | €17,588 | -€2,641 | -13.1% |
| Equity | 10/15 | -€46,213 | €5,611 | +€51,824 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€66,673 | -€14,849 | +€51,824 | +77.7% |
| Amounts payable | 17/49 | €66,442 | €11,977 | -€54,465 | -82.0% |
| Amounts payable after more than one year | 17 | €39,973 | - | -€39,973 | |
| Amounts payable within one year | 42/48 | €26,470 | €11,977 | -€14,492 | -54.8% |
| Trade debts | 44 | €22,512 | €7,482 | -€15,030 | -66.8% |
| Suppliers | 440/4 | - | €7,482 | +€7,482 | |
| Taxes, remuneration and social security | 45 | - | €4,024 | +€4,024 | |
| Taxes | 450/3 | - | €4,024 | +€4,024 | |
| Other amounts payable | 47/48 | - | €471 | +€471 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,629 | €3,629 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €661 | +€661 | |
| Other operating charges | 640/8 | - | €546 | +€546 | |
| Gross operating margin | 9900 | €36,739 | €41,152 | +€4,413 | +12.0% |
| Operating profit (loss) | 9901 | €28,315 | €36,316 | +€8,001 | +28.3% |
| Financial income | 75/76B | - | €16,025 | +€16,025 | |
| Recurring financial income | 75 | €1 | €16,025 | +€16,024 | +2,584,502% |
| Financial charges | 65/66B | - | €362 | +€362 | |
| Recurring financial charges | 65 | €184 | €362 | +€177 | +96.2% |
| Profit (loss) for the period before taxes | 9903 | €28,131 | €51,979 | +€23,848 | +84.8% |
| Income taxes | 67/77 | €145 | €155 | +€10 | +6.7% |
| Profit (loss) for the period | 9904 | €27,986 | €51,824 | +€23,838 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,986 | €51,824 | +€23,838 | +85.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.