El'D & CO SOCIETE EN COMMANDITE SIMPLE: 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.
El'D & CO SOCIETE EN COMMANDITE SIMPLE
Largest movements
- Current assets -€2,893
down €2,893 (-11.5%), from €25,151 to €22,257
of which Receivables within one year: -€7,000
- Tangible fixed assets +€2,087
up €2,087, from €0 to €2,087
- Reserves +€13,000
up €13,000 (+26,000%), from €50 to €13,050
- Profit (loss) carried forward -€8,030
down €8,030, from €4,540 to -€3,490
- Debts -€5,777
down €5,777 (-28.7%), from €20,100 to €14,323
- Turnover -€59,860
down €59,860 (-66.5%), from €89,987 to €30,127
- Gross operating margin +€10,002
up €10,002 (+59.1%), from -€16,926 to -€6,924
From the 2019 result to the 2020 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 | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,190 | €24,384 | -€806 | -3.2% |
| Fixed assets | 21/28 | €39 | €2,126 | +€2,087 | +5,331% |
| Tangible fixed assets | 22/27 | €0 | €2,087 | +€2,087 | |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €25,151 | €22,257 | -€2,893 | -11.5% |
| Amounts receivable within one year | 40/41 | €15,798 | €8,798 | -€7,000 | -44.3% |
| Cash at bank and in hand | 54/58 | €8,586 | €7,370 | -€1,216 | -14.2% |
| Total equity and liabilities | 10/49 | €25,190 | €24,384 | -€806 | -3.2% |
| Equity | 10/15 | €5,090 | €10,060 | +€4,970 | +97.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €50 | €13,050 | +€13,000 | +26,000% |
| Profit (loss) carried forward | 14 | €4,540 | -€3,490 | -€8,030 | |
| Amounts payable | 17/49 | €20,100 | €14,323 | -€5,777 | -28.7% |
| Amounts payable within one year | 42/48 | €17,593 | €4,452 | -€13,141 | -74.7% |
| Trade debts | 44 | €11,768 | €1,557 | -€10,211 | -86.8% |
| Turnover | 70 | €89,987 | €30,127 | -€59,860 | -66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €522 | +€522 | |
| Gross operating margin | 9900 | -€16,926 | -€6,924 | +€10,002 | +59.1% |
| Operating profit (loss) | 9901 | -€17,334 | -€7,852 | +€9,482 | +54.7% |
| Recurring financial charges | 65 | €161 | €177 | +€17 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,495 | -€8,030 | +€9,466 | +54.1% |
| Income taxes | 67/77 | -€5 | - | +€5 | |
| Profit (loss) for the period | 9904 | -€17,490 | -€8,030 | +€9,461 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,490 | -€8,030 | +€9,461 | +54.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.