ELOGES: 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.
ELOGES
Largest movements
- Tangible fixed assets -€14,212
down €14,212 (-41.2%), from €34,490 to €20,278
- Receivables within one year +€5,000
up €5,000 (+66.2%), from €7,554 to €12,554
- Cash -€2,886
no longer reported in 2019 (was €2,886)
mainly Net result for the year (-€26,498) and Receivables within one year (-€5,000)
- Profit (loss) carried forward -€26,498
down €26,498 (-22.7%), from -€116,652 to -€143,150
- Debts after one year +€9,764
up €9,764 (+11.3%), from €86,224 to €95,988
- Debts within one year +€4,636
up €4,636 (+63.4%), from €7,312 to €11,948
- Depreciation +€6,908
new in 2019: €6,908
- Gross operating margin +€3,608
up €3,608, from -€1,930 to €1,678
- Taxes -€306
down €306 (-73.2%), from -€418 to -€723
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.
Cash bridge derived
Derived from the 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,054 | €32,956 | -€12,099 | -26.9% |
| Fixed assets | 21/28 | €34,614 | €20,402 | -€14,212 | -41.1% |
| Tangible fixed assets | 22/27 | €34,490 | €20,278 | -€14,212 | -41.2% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €10,440 | €12,554 | +€2,114 | +20.2% |
| Amounts receivable within one year | 40/41 | €7,554 | €12,554 | +€5,000 | +66.2% |
| Cash at bank and in hand | 54/58 | €2,886 | - | -€2,886 | |
| Total equity and liabilities | 10/49 | €45,054 | €32,956 | -€12,099 | -26.9% |
| Equity | 10/15 | -€48,481 | -€74,980 | -€26,498 | -54.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,652 | -€143,150 | -€26,498 | -22.7% |
| Amounts payable | 17/49 | €93,536 | €107,935 | +€14,399 | +15.4% |
| Amounts payable after more than one year | 17 | €86,224 | €95,988 | +€9,764 | +11.3% |
| Amounts payable within one year | 42/48 | €7,312 | €11,948 | +€4,636 | +63.4% |
| Trade debts | 44 | - | €2,281 | +€2,281 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,908 | +€6,908 | |
| Gross operating margin | 9900 | -€1,930 | €1,678 | +€3,608 | |
| Operating profit (loss) | 9901 | -€2,019 | -€19,432 | -€17,413 | -862.5% |
| Recurring financial income | 75 | €122 | - | -€122 | |
| Recurring financial charges | 65 | €1,143 | €486 | -€657 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,039 | -€27,222 | -€24,182 | -795.6% |
| Income taxes | 67/77 | -€418 | -€723 | -€306 | -73.2% |
| Profit (loss) for the period | 9904 | -€2,622 | -€26,498 | -€23,876 | -910.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,622 | -€26,498 | -€23,876 | -910.7% |
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 11 October 2026 via checked.be.