COLOMBINE: 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.
COLOMBINE
Largest movements
- Current assets +€100,785
up €100,785 (+4.4%), from €2.3m to €2.4m
- Profit (loss) carried forward +€80,806
up €80,806 (+22.1%), from -€366,283 to -€285,477
- Gross operating margin +€25,322
up €25,322 (+10.0%), from €254,479 to €279,801
- Taxes +€13,865
up €13,865 (+80.9%), from €17,145 to €31,010
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 | €2,273,608 | €2,374,392 | +€100,785 | +4.4% |
| Current assets | 29/58 | €2,273,608 | €2,374,392 | +€100,785 | +4.4% |
| Amounts receivable within one year | 40/41 | €2,273,412 | €2,039,618 | -€233,794 | -10.3% |
| Cash at bank and in hand | 54/58 | €195 | - | -€195 | |
| Total equity and liabilities | 10/49 | €2,273,608 | €2,374,392 | +€100,785 | +4.4% |
| Equity | 10/15 | €2,211,314 | €2,296,502 | +€85,188 | +3.9% |
| Contributions | 10/11 | €1,337,500 | €1,337,500 | = | 0.0% |
| Reserves | 13 | €1,240,097 | €1,244,479 | +€4,382 | +0.4% |
| Profit (loss) carried forward | 14 | -€366,283 | -€285,477 | +€80,806 | +22.1% |
| Amounts payable | 17/49 | €62,293 | €77,890 | +€15,597 | +25.0% |
| Amounts payable within one year | 42/48 | €60,002 | €75,599 | +€15,597 | +26.0% |
| Trade debts | 44 | €0 | €5,808 | +€5,808 | |
| Gross operating margin | 9900 | €254,479 | €279,801 | +€25,322 | +10.0% |
| Operating profit (loss) | 9901 | €114,232 | €151,902 | +€37,670 | +33.0% |
| Recurring financial charges | 65 | €59,935 | €35,704 | -€24,231 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €54,297 | €116,198 | +€61,901 | +114% |
| Income taxes | 67/77 | €17,145 | €31,010 | +€13,865 | +80.9% |
| Profit (loss) for the period | 9904 | €37,152 | €85,188 | +€48,036 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €37,152 | €85,188 | +€48,036 | +129% |
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 13 October 2026 via checked.be.