CESAM Nature: 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.
CESAM Nature
Largest movements
- Current assets +€52,624
up €52,624 (+14.1%), from €374,513 to €427,137
of which Cash: +€28,855
- Tangible fixed assets -€22,742
down €22,742 (-28.2%), from €80,554 to €57,812
- Profit (loss) carried forward +€41,698
up €41,698 (+46.2%), from €90,281 to €131,979
- Debts -€11,816
down €11,816 (-3.2%), from €368,766 to €356,950
of which Debts after one year: -€6,175
- Gross operating margin -€80,724
down €80,724 (-9.7%), from €833,827 to €753,103
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 | €459,047 | €488,929 | +€29,882 | +6.5% |
| Fixed assets | 21/28 | €84,534 | €61,792 | -€22,742 | -26.9% |
| Tangible fixed assets | 22/27 | €80,554 | €57,812 | -€22,742 | -28.2% |
| Financial fixed assets | 28 | €3,980 | €3,980 | = | 0.0% |
| Current assets | 29/58 | €374,513 | €427,137 | +€52,624 | +14.1% |
| Amounts receivable within one year | 40/41 | €212,610 | €236,160 | +€23,551 | +11.1% |
| Cash at bank and in hand | 54/58 | €141,120 | €169,975 | +€28,855 | +20.4% |
| Total equity and liabilities | 10/49 | €459,047 | €488,929 | +€29,882 | +6.5% |
| Equity | 10/15 | €90,281 | €131,979 | +€41,698 | +46.2% |
| Profit (loss) carried forward | 14 | €90,281 | €131,979 | +€41,698 | +46.2% |
| Amounts payable | 17/49 | €368,766 | €356,950 | -€11,816 | -3.2% |
| Amounts payable after more than one year | 17 | €16,398 | €10,223 | -€6,175 | -37.7% |
| Amounts payable within one year | 42/48 | €47,911 | €77,497 | +€29,585 | +61.7% |
| Trade debts | 44 | €13,418 | €23,266 | +€9,848 | +73.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,107 | €31,938 | +€2,831 | +9.7% |
| Gross operating margin | 9900 | €833,827 | €753,103 | -€80,724 | -9.7% |
| Operating profit (loss) | 9901 | €57,156 | €44,279 | -€12,877 | -22.5% |
| Recurring financial income | 75 | €689 | €491 | -€198 | -28.7% |
| Recurring financial charges | 65 | €761 | €2,253 | +€1,492 | +196% |
| Profit (loss) for the period before taxes | 9903 | €57,084 | €42,526 | -€14,558 | -25.5% |
| Income taxes | 67/77 | - | €828 | +€828 | |
| Profit (loss) for the period | 9904 | €56,331 | €41,698 | -€14,633 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,331 | €41,698 | -€14,633 | -26.0% |
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 18 October 2026 via checked.be.