CEMTRANS: what changed
Two fiscal 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.
CEMTRANS
Largest movements
- Current assets +€111,947
up €111,947 (+1456.4%), from €7,687 to €119,634
of which Receivables within one year: +€67,058
- Tangible fixed assets -€6,214
no longer reported in 2020 (was €6,214)
- Debts within one year +€104,992
up €104,992 (+21920.4%), from €479 to €105,471
- Turnover +€100,024
new in 2020: €100,024
- Depreciation -€6,214
no longer reported in 2020 (was €6,214)
- Gross operating margin -€4,575
down €4,575 (-59.9%), from €7,633 to €3,058
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.
Cash bridge derived
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 | €13,901 | €119,634 | +€105,733 | +760.6% |
| Fixed assets | 21/28 | €6,214 | - | -€6,214 | |
| Tangible fixed assets | 22/27 | €6,214 | - | -€6,214 | |
| Current assets | 29/58 | €7,687 | €119,634 | +€111,947 | +1456.4% |
| Amounts receivable within one year | 40/41 | €6,895 | €73,953 | +€67,058 | +972.5% |
| Cash at bank and in hand | 54/58 | €332 | €45,681 | +€45,349 | +13658.9% |
| Total equity and liabilities | 10/49 | €13,901 | €119,634 | +€105,733 | +760.6% |
| Equity | 10/15 | €13,422 | €14,163 | +€741 | +5.5% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€7,030 | -€6,288 | +€742 | +10.5% |
| Amounts payable | 17/49 | €479 | €105,471 | +€104,992 | +21920.4% |
| Amounts payable within one year | 42/48 | €479 | €105,471 | +€104,992 | +21920.4% |
| Trade debts | 44 | - | €105,270 | +€105,270 | |
| Turnover | 70 | - | €100,024 | +€100,024 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,214 | - | -€6,214 | |
| Gross operating margin | 9900 | €7,633 | €3,058 | -€4,575 | -59.9% |
| Operating profit (loss) | 9901 | €1,002 | €976 | -€26 | -2.6% |
| Recurring financial income | 75 | €204 | €47 | -€157 | -76.9% |
| Recurring financial charges | 65 | €753 | €190 | -€563 | -74.8% |
| Profit (loss) for the period before taxes | 9903 | €453 | €833 | +€380 | +84.0% |
| Income taxes | 67/77 | €479 | €91 | -€388 | -81.0% |
| Profit (loss) for the period | 9904 | -€26 | €742 | +€768 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26 | €742 | +€768 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.