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EOLIE: 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.

What changed

EOLIE

BE 0879.544.332
fiscal year 2018 against 2019filed annual accounts (NBB)
Net result for the year
-€44,776
2018 · €35,878-€80,654
Equity
-€36,993
2018 · €7,783-€44,776
Cash
€8,414
2018 · €12,103-€3,688
Balance sheet total
€444,332
2018 · €467,485-€23,153

Largest movements

2018 to 2019
Assets
  • Tangible fixed assets -€16,048

    down €16,048 (-3.8%), from €418,306 to €402,258

  • Current assets -€7,106

    down €7,106 (-14.5%), from €49,016 to €41,911

    of which Cash: -€3,688

Equity and liabilities
  • Debts within one year +€71,763

    up €71,763 (+34.2%), from €209,678 to €281,441

  • Debts after one year -€50,140

    down €50,140 (-20.1%), from €250,024 to €199,884

  • Profit (loss) carried forward -€44,776

    down €44,776 (-38.2%), from -€117,217 to -€161,993

Income statement
  • Gross operating margin -€89,168

    down €89,168, from €73,578 to -€15,590

From the 2018 result to the 2019 result

effect on the 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.

Result 2018 €35,878
Gross operating margin -€89,168
Depreciation -€0
Other operating items +€5,981
Financial charges +€2,536
Taxes -€3
Result 2019 -€44,776

Cash bridge derived

cash 2018 to 2019

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 23 lines
Line Code 2018 2019 Change %
Total assets 20/58 €467,485 €444,332 -€23,153 -5.0%
Fixed assets 21/28 €418,468 €402,421 -€16,048 -3.8%
Tangible fixed assets 22/27 €418,306 €402,258 -€16,048 -3.8%
Financial fixed assets 28 €163 €163 = 0.0%
Current assets 29/58 €49,016 €41,911 -€7,106 -14.5%
Amounts receivable within one year 40/41 €35,208 €31,630 -€3,578 -10.2%
Cash at bank and in hand 54/58 €12,103 €8,414 -€3,688 -30.5%
Total equity and liabilities 10/49 €467,485 €444,332 -€23,153 -5.0%
Equity 10/15 €7,783 -€36,993 -€44,776
Contributions 10/11 €125,000 €125,000 = 0.0%
Profit (loss) carried forward 14 -€117,217 -€161,993 -€44,776 -38.2%
Amounts payable 17/49 €459,702 €481,325 +€21,623 +4.7%
Amounts payable after more than one year 17 €250,024 €199,884 -€50,140 -20.1%
Amounts payable within one year 42/48 €209,678 €281,441 +€71,763 +34.2%
Trade debts 44 €78 €2,863 +€2,785 +3548.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,048 €16,048 +€0 0.0%
Gross operating margin 9900 €73,578 -€15,590 -€89,168
Operating profit (loss) 9901 €50,430 -€32,758 -€83,187
Recurring financial charges 65 €14,438 €11,902 -€2,536 -17.6%
Profit (loss) for the period before taxes 9903 €35,992 -€44,659 -€80,651
Income taxes 67/77 €114 €117 +€3 +2.3%
Profit (loss) for the period 9904 €35,878 -€44,776 -€80,654
Profit (loss) for the period to be appropriated 9905 €35,878 -€44,776 -€80,654

Source: filed annual accounts (NBB), fiscal years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.