DOWELL SPRL: 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.
DOWELL SPRL
Largest movements
- Cash -€284
down €284 (-92.7%), from €306 to €22
mainly Net result for the year (-€2,206) and Receivables within one year (-€248)
- Receivables within one year +€248
up €248 (+38.7%), from €642 to €890
- Financial fixed assets -€159
no longer reported in 2021 (was €159)
- Equity -€2,206
down €2,206 (-9.6%), from -€22,984 to -€25,190
of which Profit (loss) carried forward: -€2,206
- Debts +€2,011
up €2,011 (+8.3%), from €24,091 to €26,102
- Gross operating margin +€2,781
up €2,781 (+57.3%), from -€4,855 to -€2,074
- Taxes -€470
new in 2021: -€470
- Financial charges +€444
new in 2021: €444
- Other operating charges +€159
new in 2021: €159
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
Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,107 | €912 | -€195 | -17.6% |
| Fixed assets | 21/28 | €159 | - | -€159 | |
| Financial fixed assets | 28 | €159 | - | -€159 | |
| Current assets | 29/58 | €948 | €912 | -€36 | -3.8% |
| Amounts receivable within one year | 40/41 | €642 | €890 | +€248 | +38.7% |
| Other amounts receivable | 41 | - | €890 | +€890 | |
| Cash at bank and in hand | 54/58 | €306 | €22 | -€284 | -92.7% |
| Total equity and liabilities | 10/49 | €1,107 | €912 | -€195 | -17.6% |
| Equity | 10/15 | -€22,984 | -€25,190 | -€2,206 | -9.6% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €11,868 | €11,868 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €10,463 | +€10,463 | |
| Distributable reserves | 133 | - | €1,405 | +€1,405 | |
| Profit (loss) carried forward | 14 | -€53,452 | -€55,658 | -€2,206 | -4.1% |
| Amounts payable | 17/49 | €24,091 | €26,102 | +€2,011 | +8.3% |
| Amounts payable within one year | 42/48 | €23,561 | €26,102 | +€2,541 | +10.8% |
| Financial debts | 43 | - | €418 | +€418 | |
| Credit institutions | 430/8 | - | €418 | +€418 | |
| Other amounts payable | 47/48 | - | €25,685 | +€25,685 | |
| Other operating charges | 640/8 | - | €159 | +€159 | |
| Gross operating margin | 9900 | -€4,855 | -€2,074 | +€2,781 | +57.3% |
| Operating profit (loss) | 9901 | -€5,203 | -€2,233 | +€2,970 | +57.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €444 | +€444 | |
| Recurring financial charges | 65 | €371 | €444 | +€72 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,574 | -€2,676 | +€2,897 | +52.0% |
| Income taxes | 67/77 | - | -€470 | -€470 | |
| Profit (loss) for the period | 9904 | -€5,574 | -€2,206 | +€3,368 | +60.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,574 | -€2,206 | +€3,368 | +60.4% |
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 30 September 2026 via checked.be.