DRUKKERIJ VANHALST: 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.
DRUKKERIJ VANHALST
Largest movements
- Cash +€46,261
up €46,261 (+131%), from €35,278 to €81,539
mainly Depreciation (+€61,686) and Debts (+€3,394)
- Tangible fixed assets -€45,559
down €45,559 (-10.5%), from €432,067 to €386,508
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€27,436
down €27,436 (-22.9%), from €119,702 to €92,266
- Depreciation -€6,518
down €6,518 (-9.6%), from €68,204 to €61,686
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.
Derived cash bridge
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 | €512,036 | €511,067 | -€969 | -0.2% |
| Fixed assets | 21/28 | €432,191 | €386,632 | -€45,559 | -10.5% |
| Tangible fixed assets | 22/27 | €432,067 | €386,508 | -€45,559 | -10.5% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €79,845 | €124,435 | +€44,589 | +55.8% |
| Stocks and contracts in progress | 3 | €11,117 | €8,831 | -€2,286 | -20.6% |
| Amounts receivable within one year | 40/41 | €33,451 | €34,065 | +€614 | +1.8% |
| Cash at bank and in hand | 54/58 | €35,278 | €81,539 | +€46,261 | +131% |
| Total equity and liabilities | 10/49 | €512,036 | €511,067 | -€969 | -0.2% |
| Equity | 10/15 | €143,674 | €139,311 | -€4,363 | -3.0% |
| Reserves | 13 | €31,196 | €31,196 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,265 | -€3,098 | -€4,363 | |
| Amounts payable | 17/49 | €368,363 | €371,756 | +€3,394 | +0.9% |
| Amounts payable after more than one year | 17 | €309,427 | €332,911 | +€23,484 | +7.6% |
| Amounts payable within one year | 42/48 | €57,417 | €37,194 | -€20,222 | -35.2% |
| Trade debts | 44 | €8,264 | €11,744 | +€3,480 | +42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,204 | €61,686 | -€6,518 | -9.6% |
| Gross operating margin | 9900 | €119,702 | €92,266 | -€27,436 | -22.9% |
| Operating profit (loss) | 9901 | €14,788 | -€4,261 | -€19,049 | |
| Recurring financial income | 75 | €920 | €2,573 | +€1,652 | +180% |
| Recurring financial charges | 65 | €3,434 | €2,675 | -€760 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €12,274 | -€4,363 | -€16,637 | |
| Income taxes | 67/77 | €281 | - | -€281 | |
| Profit (loss) for the period | 9904 | €11,993 | -€4,363 | -€16,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,993 | -€4,363 | -€16,356 |
Source: filed annual accounts (NBB), financial years ended 30 June 2020 and 30 June 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.