CAPADVISE: 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.
CAPADVISE
Largest movements
- Tangible fixed assets -€1,977
no longer reported in 2021 (was €1,977)
- Current assets -€1,349
no longer reported in 2021 (was €1,349)
- Debts -€29,544
down €29,544 (-34.7%), from €85,040 to €55,496
- Profit (loss) carried forward +€26,218
up €26,218 (+29.8%), from -€87,914 to -€61,696
- Gross operating margin +€17,275
up €17,275, from -€16,344 to €931
- Depreciation -€5,954
down €5,954 (-87.7%), from €6,787 to €833
- Other operating charges +€518
new in 2021: €518
- Financial charges +€309
new in 2021: €309
From the 2019 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,326 | - | -€3,326 | |
| Fixed assets | 21/28 | €1,977 | - | -€1,977 | |
| Tangible fixed assets | 22/27 | €1,977 | - | -€1,977 | |
| Current assets | 29/58 | €1,349 | - | -€1,349 | |
| Amounts receivable within one year | 40/41 | €480 | - | -€480 | |
| Cash at bank and in hand | 54/58 | €362 | - | -€362 | |
| Total equity and liabilities | 10/49 | €3,326 | - | -€3,326 | |
| Equity | 10/15 | -€81,714 | -€55,496 | +€26,218 | +32.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Profit (loss) carried forward | 14 | -€87,914 | -€61,696 | +€26,218 | +29.8% |
| Amounts payable | 17/49 | €85,040 | €55,496 | -€29,544 | -34.7% |
| Amounts payable within one year | 42/48 | €57,263 | €55,496 | -€1,767 | -3.1% |
| Trade debts | 44 | €199 | €745 | +€546 | +274% |
| Suppliers | 440/4 | - | €745 | +€745 | |
| Taxes, remuneration and social security | 45 | - | €140 | +€140 | |
| Taxes | 450/3 | - | €140 | +€140 | |
| Other amounts payable | 47/48 | - | €54,611 | +€54,611 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,787 | €833 | -€5,954 | -87.7% |
| Other operating charges | 640/8 | - | €518 | +€518 | |
| Gross operating margin | 9900 | -€16,344 | €931 | +€17,275 | |
| Operating profit (loss) | 9901 | -€24,218 | -€420 | +€23,799 | +98.3% |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | - | €309 | +€309 | |
| Recurring financial charges | 65 | €244 | €309 | +€65 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,457 | -€729 | +€23,728 | +97.0% |
| Income taxes | 67/77 | €71 | - | -€71 | |
| Profit (loss) for the period | 9904 | -€24,527 | -€729 | +€23,799 | +97.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,527 | -€729 | +€23,799 | +97.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.