DANGEROUS GOODS TRAINING: 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.
DANGEROUS GOODS TRAINING
Largest movements
- Current assets -€67,705
down €67,705 (-10.8%), from €625,580 to €557,875
- Tangible fixed assets +€67,590
up €67,590 (+191%), from €35,434 to €103,023
- Debts within one year +€54,789
up €54,789 (+52.9%), from €103,548 to €158,336
- Equity -€52,704
down €52,704 (-9.5%), from €557,506 to €504,802
- Gross operating margin -€85,511
down €85,511 (-67.2%), from €127,341 to €41,829
- Depreciation -€10,602
down €10,602 (-56.6%), from €18,720 to €8,118
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 | €661,054 | €663,138 | +€2,085 | +0.3% |
| Fixed assets | 21/28 | €35,474 | €105,263 | +€69,790 | +197% |
| Tangible fixed assets | 22/27 | €35,434 | €103,023 | +€67,590 | +191% |
| Financial fixed assets | 28 | €40 | €2,240 | +€2,200 | +5,500% |
| Current assets | 29/58 | €625,580 | €557,875 | -€67,705 | -10.8% |
| Amounts receivable within one year | 40/41 | €165,803 | €134,585 | -€31,218 | -18.8% |
| Cash at bank and in hand | 54/58 | €216,919 | €355,040 | +€138,121 | +63.7% |
| Total equity and liabilities | 10/49 | €661,054 | €663,138 | +€2,085 | +0.3% |
| Equity | 10/15 | €557,506 | €504,802 | -€52,704 | -9.5% |
| Profit (loss) carried forward | 14 | €271,995 | €271,995 | = | 0.0% |
| Amounts payable | 17/49 | €103,548 | €158,336 | +€54,789 | +52.9% |
| Amounts payable within one year | 42/48 | €103,548 | €158,336 | +€54,789 | +52.9% |
| Trade debts | 44 | €23,913 | €91,686 | +€67,773 | +283% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,720 | €8,118 | -€10,602 | -56.6% |
| Gross operating margin | 9900 | €127,341 | €41,829 | -€85,511 | -67.2% |
| Operating profit (loss) | 9901 | -€20,285 | -€62,296 | -€42,011 | -207% |
| Recurring financial income | 75 | €9,039 | €10,399 | +€1,361 | +15.1% |
| Recurring financial charges | 65 | €781 | €793 | +€12 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,027 | -€52,689 | -€40,662 | -338% |
| Income taxes | 67/77 | - | €15 | +€15 | |
| Profit (loss) for the period | 9904 | -€8,452 | -€52,704 | -€44,252 | -524% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,452 | -€52,704 | -€44,252 | -524% |
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 26 October 2026 via checked.be.