E-BRANCH: 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.
E-BRANCH
Largest movements
- Tangible fixed assets -€12,978
down €12,978 (-22.3%), from €58,203 to €45,225
- Current assets +€6,700
up €6,700 (+291.3%), from €2,300 to €9,000
- Debts within one year -€6,924
down €6,924 (-16.4%), from €42,231 to €35,307
- Profit (loss) carried forward +€646
up €646 (+26.6%), from -€2,431 to -€1,786
- Gross operating margin +€28,546
up €28,546, from -€14,766 to €13,780
- Depreciation -€1,573
down €1,573 (-10.8%), from €14,551 to €12,978
From the 2012 result to the 2013 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 | 2012 | 2013 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,503 | €54,225 | -€6,279 | -10.4% |
| Fixed assets | 21/28 | €58,203 | €45,225 | -€12,978 | -22.3% |
| Tangible fixed assets | 22/27 | €58,203 | €45,225 | -€12,978 | -22.3% |
| Current assets | 29/58 | €2,300 | €9,000 | +€6,700 | +291.3% |
| Cash at bank and in hand | 54/58 | €2,300 | - | -€2,300 | |
| Total equity and liabilities | 10/49 | €60,503 | €54,225 | -€6,279 | -10.4% |
| Equity | 10/15 | €18,272 | €18,918 | +€646 | +3.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,112 | €2,112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,431 | -€1,786 | +€646 | +26.6% |
| Amounts payable | 17/49 | €42,231 | €35,307 | -€6,924 | -16.4% |
| Amounts payable within one year | 42/48 | €42,231 | €35,307 | -€6,924 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,551 | €12,978 | -€1,573 | -10.8% |
| Gross operating margin | 9900 | -€14,766 | €13,780 | +€28,546 | |
| Operating profit (loss) | 9901 | -€30,091 | €652 | +€30,743 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Recurring financial charges | 65 | - | €6 | +€6 | |
| Profit (loss) for the period before taxes | 9903 | €4,939 | €646 | -€4,293 | -86.9% |
| Profit (loss) for the period | 9904 | €4,939 | €646 | -€4,293 | -86.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,939 | €646 | -€4,293 | -86.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2012 and 31 December 2013. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.