CLOTUCHE: 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.
CLOTUCHE
Largest movements
- Cash +€4,414
up €4,414 (+33.9%), from €13,035 to €17,450
mainly Net result for the year (+€13,721) and Receivables within one year (+€639)
- Profit (loss) carried forward +€13,721
up €13,721 (+23.7%), from -€57,923 to -€44,203
- Debts within one year -€8,659
down €8,659 (-6.2%), from €139,659 to €131,000
- Gross operating margin +€14,511
up €14,511 (+1830.7%), from €793 to €15,304
- Turnover -€6,543
down €6,543 (-12.0%), from €54,394 to €47,851
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
Derived from the 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,736 | €91,798 | +€5,061 | +5.8% |
| Fixed assets | 21/28 | €198 | €809 | +€611 | +308.9% |
| Tangible fixed assets | 22/27 | €198 | €809 | +€611 | +308.9% |
| Current assets | 29/58 | €86,538 | €90,989 | +€4,450 | +5.1% |
| Stocks and contracts in progress | 3 | €72,864 | €73,539 | +€675 | +0.9% |
| Amounts receivable within one year | 40/41 | €639 | - | -€639 | |
| Cash at bank and in hand | 54/58 | €13,035 | €17,450 | +€4,414 | +33.9% |
| Total equity and liabilities | 10/49 | €86,736 | €91,798 | +€5,061 | +5.8% |
| Equity | 10/15 | -€52,923 | -€39,203 | +€13,721 | +25.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,923 | -€44,203 | +€13,721 | +23.7% |
| Amounts payable | 17/49 | €139,659 | €131,000 | -€8,659 | -6.2% |
| Amounts payable within one year | 42/48 | €139,659 | €131,000 | -€8,659 | -6.2% |
| Trade debts | 44 | €1,151 | €1,846 | +€694 | +60.3% |
| Turnover | 70 | €54,394 | €47,851 | -€6,543 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182 | €380 | +€198 | +109.1% |
| Gross operating margin | 9900 | €793 | €15,304 | +€14,511 | +1830.7% |
| Operating profit (loss) | 9901 | -€1,739 | €13,725 | +€15,465 | |
| Recurring financial income | 75 | €1,077 | €45 | -€1,032 | -95.8% |
| Recurring financial charges | 65 | €40 | €50 | +€10 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | -€703 | €13,721 | +€14,423 | |
| Income taxes | 67/77 | €159 | - | -€159 | |
| Profit (loss) for the period | 9904 | -€861 | €13,721 | +€14,582 | |
| Profit (loss) for the period to be appropriated | 9905 | -€861 | €13,721 | +€14,582 |
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 10 October 2026 via checked.be.