DE SLAG: 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.
DE SLAG
Largest movements
- Current assets -€801
down €801 (-82.5%), from €970 to €169
of which Cash: -€688
- Total equity and liabilities -€801
down €801 (-2.5%), from €32,527 to €31,726
of which Equity: -€1,771
- Other operating charges +€890
new in 2021: €890
- Gross operating margin +€329
up €329, from -€228 to €101
- Financial charges +€73
new in 2021: €73
From the 2020 result to the 2021 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 | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,527 | €31,726 | -€801 | -2.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €31,557 | €31,557 | = | 0.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €31,557 | €31,557 | = | 0.0% |
| Land and buildings | 22 | - | €31,557 | +€31,557 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €970 | €169 | -€801 | -82.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €857 | €169 | -€688 | -80.2% |
| Total equity and liabilities | 10/49 | €32,527 | €31,726 | -€801 | -2.5% |
| Equity | 10/15 | €26,931 | €25,160 | -€1,771 | -6.6% |
| Contributions | 10/11 | €78,830 | €78,830 | = | 0.0% |
| Capital | 10 | - | €78,830 | +€78,830 | |
| Issued capital | 100 | - | €78,830 | +€78,830 | |
| Profit (loss) carried forward | 14 | -€52,808 | -€53,670 | -€862 | -1.6% |
| Amounts payable | 17/49 | €5,693 | €6,566 | +€873 | +15.3% |
| Amounts payable within one year | 42/48 | €5,693 | €6,218 | +€525 | +9.2% |
| Trade debts | 44 | €858 | €180 | -€678 | -79.0% |
| Suppliers | 440/4 | - | €180 | +€180 | |
| Other amounts payable | 47/48 | - | €6,038 | +€6,038 | |
| Accrued charges and deferred income | 492/3 | - | €348 | +€348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | - | €890 | +€890 | |
| Gross operating margin | 9900 | -€228 | €101 | +€329 | |
| Operating profit (loss) | 9901 | -€1,052 | -€789 | +€263 | +25.0% |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | - | €73 | +€73 | |
| Recurring financial charges | 65 | €61 | €73 | +€12 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,098 | -€862 | +€236 | +21.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,098 | -€862 | +€236 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,098 | -€862 | +€236 | +21.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.