DERZELLE: 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.
DERZELLE
Largest movements
- Cash -€9,582
down €9,582 (-32.2%), from €29,733 to €20,150
- Receivables within one year +€5,437
up €5,437 (+86.1%), from €6,312 to €11,749
- Debts -€9,662
no longer reported in 2021 (was €9,662)
- Profit (loss) carried forward +€5,516
up €5,516 (+75.6%), from €7,292 to €12,808
- Taxes +€1,158
new in 2021: €1,158
- Gross operating margin +€348
up €348 (+8.9%), from €3,922 to €4,270
- Financial charges +€100
new in 2021: €100
From the 2018 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2018 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,045 | €31,899 | -€4,146 | -11.5% |
| Current assets | 29/58 | €36,045 | €31,899 | -€4,146 | -11.5% |
| Amounts receivable within one year | 40/41 | €6,312 | €11,749 | +€5,437 | +86.1% |
| Trade receivables | 40 | - | €11,749 | +€11,749 | |
| Cash at bank and in hand | 54/58 | €29,733 | €20,150 | -€9,582 | -32.2% |
| Total equity and liabilities | 10/49 | €36,045 | €31,899 | -€4,146 | -11.5% |
| Equity | 10/15 | €26,383 | €31,899 | +€5,516 | +20.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | - | €18,592 | +€18,592 | |
| Issued capital | 100 | - | €18,592 | +€18,592 | |
| Reserves | 13 | €499 | €499 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €499 | +€499 | |
| Legal reserve | 130 | - | €499 | +€499 | |
| Profit (loss) carried forward | 14 | €7,292 | €12,808 | +€5,516 | +75.6% |
| Amounts payable | 17/49 | €9,662 | - | -€9,662 | |
| Amounts payable within one year | 42/48 | €7,643 | - | -€7,643 | |
| Gross operating margin | 9900 | €3,922 | €4,270 | +€348 | +8.9% |
| Operating profit (loss) | 9901 | €3,393 | €4,270 | +€877 | +25.9% |
| Financial charges | 65/66B | - | €100 | +€100 | |
| Recurring financial charges | 65 | €27 | €100 | +€73 | +270% |
| Profit (loss) for the period before taxes | 9903 | €3,366 | €4,170 | +€804 | +23.9% |
| Income taxes | 67/77 | - | €1,158 | +€1,158 | |
| Profit (loss) for the period | 9904 | €3,366 | €3,012 | -€354 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,366 | €3,012 | -€354 | -10.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.