Dream Chaser: 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.
Dream Chaser
Largest movements
- Tangible fixed assets +€20,687
up €20,687 (+523%), from €3,959 to €24,646
- Current assets +€3,836
up €3,836 (+9.5%), from €40,263 to €44,099
of which Cash: +€4,753
- Debts after one year +€23,047
new in 2019: €23,047
- Debts within one year +€2,180
up €2,180 (+10.3%), from €21,191 to €23,371
- Profit (loss) carried forward -€704
down €704, from €481 to -€223
- Gross operating margin -€22,073
down €22,073 (-67.2%), from €32,860 to €10,787
- Depreciation +€6,355
up €6,355 (+183%), from €3,479 to €9,834
- Taxes -€5,590
down €5,590 (-92.6%), from €6,035 to €445
From the 2018 result to the 2019 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 | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,222 | €68,745 | +€24,523 | +55.5% |
| Fixed assets | 21/28 | €3,959 | €24,646 | +€20,687 | +523% |
| Tangible fixed assets | 22/27 | €3,959 | €24,646 | +€20,687 | +523% |
| Current assets | 29/58 | €40,263 | €44,099 | +€3,836 | +9.5% |
| Amounts receivable within one year | 40/41 | €2,825 | €1,000 | -€1,825 | -64.6% |
| Cash at bank and in hand | 54/58 | €36,780 | €41,533 | +€4,753 | +12.9% |
| Total equity and liabilities | 10/49 | €44,222 | €68,745 | +€24,523 | +55.5% |
| Equity | 10/15 | €23,031 | €22,327 | -€704 | -3.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €22,050 | €22,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | €481 | -€223 | -€704 | |
| Amounts payable | 17/49 | €21,191 | €46,418 | +€25,227 | +119% |
| Amounts payable after more than one year | 17 | - | €23,047 | +€23,047 | |
| Amounts payable within one year | 42/48 | €21,191 | €23,371 | +€2,180 | +10.3% |
| Trade debts | 44 | €536 | €961 | +€425 | +79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,479 | €9,834 | +€6,355 | +183% |
| Gross operating margin | 9900 | €32,860 | €10,787 | -€22,073 | -67.2% |
| Operating profit (loss) | 9901 | €28,724 | €158 | -€28,566 | -99.4% |
| Recurring financial charges | 65 | €158 | €417 | +€259 | +164% |
| Profit (loss) for the period before taxes | 9903 | €28,566 | -€259 | -€28,825 | |
| Income taxes | 67/77 | €6,035 | €445 | -€5,590 | -92.6% |
| Profit (loss) for the period | 9904 | €22,531 | -€704 | -€23,235 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,531 | -€704 | -€23,235 |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.