EAST - WEST DEBT: what changed
What changed
EAST - WEST DEBT
filed annual accounts (NBB)
Net result for the year
€487,595
2016 · -€325,212+€812,807
Equity
€6.0m
2016 · €5.5m+€487,595
Cash
€3.1m
2016 · €4.3m-€1.2m
Balance sheet total
€6.2m
2016 · €5.8m+€388,702
Largest movements
Assets
- Current assets +€388,944
up €388,944 (+6.7%), from €5.8m to €6.2m
of which Current investments: +€1.7m
Equity and liabilities
- Reserves +€490,000
up €490,000 (+9.5%), from €5.2m to €5.6m
- Debts within one year -€98,755
down €98,755 (-28.9%), from €341,301 to €242,546
Income statement
- Gross operating margin +€1.3m
up €1.3m, from -€467,257 to €823,034
- Taxes +€63,821
up €63,821 (+61,166%), from €104 to €63,925
Change in the result, 2016 to 2017
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2016
-€325,212
Gross operating margin
+€1.3m
Other operating items
-€260
Financial income
-€23,260
Financial charges
-€390,143
Taxes
-€63,821
Result 2017
€487,595
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,847,778 | €6,236,480 | +€388,702 | +6.6% |
| Fixed assets | 21/28 | €28,991 | €28,748 | -€242 | -0.8% |
| Financial fixed assets | 28 | €28,991 | €28,748 | -€242 | -0.8% |
| Current assets | 29/58 | €5,818,787 | €6,207,731 | +€388,944 | +6.7% |
| Amounts receivable within one year | 40/41 | €5,500 | €5,434 | -€66 | -1.2% |
| Current investments | 50/53 | - | €1,702,708 | +€1.7m | |
| Cash at bank and in hand | 54/58 | €4,312,568 | €3,100,066 | -€1.2m | -28.1% |
| Total equity and liabilities | 10/49 | €5,847,778 | €6,236,480 | +€388,702 | +6.6% |
| Equity | 10/15 | €5,506,338 | €5,993,933 | +€487,595 | +8.9% |
| Contributions | 10/11 | €347,100 | €347,100 | = | 0.0% |
| Reserves | 13 | €5,154,710 | €5,644,710 | +€490,000 | +9.5% |
| Profit (loss) carried forward | 14 | €4,528 | €2,123 | -€2,405 | -53.1% |
| Amounts payable | 17/49 | €341,440 | €242,546 | -€98,893 | -29.0% |
| Amounts payable within one year | 42/48 | €341,301 | €242,546 | -€98,755 | -28.9% |
| Trade debts | 44 | €341,301 | €182,462 | -€158,839 | -46.5% |
| Gross operating margin | 9900 | -€467,257 | €823,034 | +€1.3m | |
| Operating profit (loss) | 9901 | -€468,902 | €821,128 | +€1.3m | |
| Recurring financial income | 75 | €144,306 | €121,047 | -€23,260 | -16.1% |
| Recurring financial charges | 65 | €512 | €390,655 | +€390,143 | +76,256% |
| Profit (loss) for the period before taxes | 9903 | -€325,107 | €551,520 | +€876,628 | |
| Income taxes | 67/77 | €104 | €63,925 | +€63,821 | +61,166% |
| Profit (loss) for the period | 9904 | -€325,212 | €487,595 | +€812,807 | |
| Profit (loss) for the period to be appropriated | 9905 | -€325,212 | €487,595 | +€812,807 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2016 and 31 December 2017. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.