DE BRUYNE: 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.
DE BRUYNE
Largest movements
- Current assets -€36,416
down €36,416 (-26.5%), from €137,586 to €101,170
of which Receivables within one year: -€25,600
- Tangible fixed assets +€5,457
up €5,457 (+50.8%), from €10,752 to €16,209
- Debts within one year -€17,660
down €17,660 (-54.9%), from €32,158 to €14,498
- Equity -€13,299
down €13,299 (-11.4%), from €116,181 to €102,882
of which Contributions: -€40,000
- Turnover +€243,354
up €243,354 (+159.4%), from €152,626 to €395,980
- Gross operating margin +€14,229
up €14,229 (+359.9%), from €3,953 to €18,182
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 | €148,338 | €117,379 | -€30,959 | -20.9% |
| Fixed assets | 21/28 | €10,752 | €16,209 | +€5,457 | +50.8% |
| Tangible fixed assets | 22/27 | €10,752 | €16,209 | +€5,457 | +50.8% |
| Current assets | 29/58 | €137,586 | €101,170 | -€36,416 | -26.5% |
| Stocks and contracts in progress | 3 | €1,580 | €4,558 | +€2,977 | +188.4% |
| Amounts receivable within one year | 40/41 | €45,745 | €20,145 | -€25,600 | -56.0% |
| Cash at bank and in hand | 54/58 | €32,223 | €18,429 | -€13,794 | -42.8% |
| Total equity and liabilities | 10/49 | €148,338 | €117,379 | -€30,959 | -20.9% |
| Equity | 10/15 | €116,181 | €102,882 | -€13,299 | -11.4% |
| Contributions | 10/11 | €40,000 | - | -€40,000 | |
| Reserves | 13 | €48,858 | €44,858 | -€4,000 | -8.2% |
| Profit (loss) carried forward | 14 | €27,322 | €14,024 | -€13,299 | -48.7% |
| Amounts payable | 17/49 | €32,158 | €14,498 | -€17,660 | -54.9% |
| Amounts payable within one year | 42/48 | €32,158 | €14,498 | -€17,660 | -54.9% |
| Trade debts | 44 | €17,174 | €6,074 | -€11,100 | -64.6% |
| Turnover | 70 | €152,626 | €395,980 | +€243,354 | +159.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,531 | €4,053 | +€521 | +14.8% |
| Gross operating margin | 9900 | €3,953 | €18,182 | +€14,229 | +359.9% |
| Operating profit (loss) | 9901 | -€1,210 | €4,376 | +€5,586 | |
| Recurring financial income | 75 | €3,489 | €2,032 | -€1,457 | -41.8% |
| Recurring financial charges | 65 | €2,389 | €359 | -€2,030 | -85.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,516 | -€13,946 | -€12,430 | -819.9% |
| Income taxes | 67/77 | €2,937 | -€414 | -€3,350 | |
| Profit (loss) for the period | 9904 | -€4,453 | -€13,533 | -€9,080 | -203.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,453 | -€13,533 | -€9,080 | -203.9% |
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 9 October 2026 via checked.be.