CHILDREN: 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.
CHILDREN
Largest movements
- Tangible fixed assets -€37,386
down €37,386 (-7.8%), from €477,277 to €439,891
- Current assets +€36,441
up €36,441 (+55.6%), from €65,544 to €101,984
of which Receivables within one year: +€36,875
- Debts within one year -€24,875
down €24,875 (-19.6%), from €126,616 to €101,741
- Equity +€23,930
up €23,930 (+5.3%), from €452,283 to €476,213
of which Reserves: +€23,930
- Turnover -€63,085
down €63,085 (-21.8%), from €289,623 to €226,537
- Gross operating margin -€10,781
down €10,781 (-7.3%), from €148,535 to €137,754
- Depreciation -€5,992
down €5,992 (-8.8%), from €68,348 to €62,356
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 | €1,081,913 | €1,080,967 | -€946 | -0.1% |
| Fixed assets | 21/28 | €1,016,369 | €978,983 | -€37,386 | -3.7% |
| Tangible fixed assets | 22/27 | €477,277 | €439,891 | -€37,386 | -7.8% |
| Financial fixed assets | 28 | €539,092 | €539,092 | = | 0.0% |
| Current assets | 29/58 | €65,544 | €101,984 | +€36,441 | +55.6% |
| Amounts receivable within one year | 40/41 | €58,514 | €95,389 | +€36,875 | +63.0% |
| Cash at bank and in hand | 54/58 | €4,899 | €2,571 | -€2,328 | -47.5% |
| Total equity and liabilities | 10/49 | €1,081,913 | €1,080,967 | -€946 | -0.1% |
| Equity | 10/15 | €452,283 | €476,213 | +€23,930 | +5.3% |
| Contributions | 10/11 | €12,700 | - | -€12,700 | |
| Reserves | 13 | €135,997 | €159,927 | +€23,930 | +17.6% |
| Profit (loss) carried forward | 14 | €303,586 | €303,586 | = | 0.0% |
| Amounts payable | 17/49 | €629,629 | €604,754 | -€24,875 | -4.0% |
| Amounts payable after more than one year | 17 | €503,013 | €503,013 | = | 0.0% |
| Amounts payable within one year | 42/48 | €126,616 | €101,741 | -€24,875 | -19.6% |
| Trade debts | 44 | €13,626 | €12,982 | -€644 | -4.7% |
| Turnover | 70 | €289,623 | €226,537 | -€63,085 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,348 | €62,356 | -€5,992 | -8.8% |
| Gross operating margin | 9900 | €148,535 | €137,754 | -€10,781 | -7.3% |
| Operating profit (loss) | 9901 | €65,572 | €55,857 | -€9,715 | -14.8% |
| Recurring financial income | 75 | €47 | €1 | -€46 | -98.3% |
| Recurring financial charges | 65 | €14,283 | €12,037 | -€2,246 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €51,336 | €43,820 | -€7,515 | -14.6% |
| Income taxes | 67/77 | €19,248 | €19,891 | +€643 | +3.3% |
| Profit (loss) for the period | 9904 | €32,087 | €23,930 | -€8,158 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,087 | €23,930 | -€8,158 | -25.4% |
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 5 October 2026 via checked.be.