Feuillle verte: 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.
Feuillle verte
Largest movements
- Stocks and contracts -€10,000
no longer reported in 2021 (was €10,000)
- Receivables within one year -€5,286
down €5,286 (-95.6%), from €5,526 to €240
- Cash +€1,012
up €1,012 (+8.6%), from €11,798 to €12,810
mainly Stocks and contracts (+€10,000) and Receivables within one year (+€5,286)
- Debts -€16,155
down €16,155 (-74.7%), from €21,635 to €5,480
- Equity +€1,710
up €1,710 (+11.7%), from €14,560 to €16,271
of which Contributions: +€18,550
- Gross operating margin -€4,711
down €4,711 (-47.7%), from €9,869 to €5,158
- Financial charges +€1,437
new in 2021: €1,437
- Taxes -€1,373
down €1,373 (-52.9%), from €2,597 to €1,224
- Other operating charges +€784
new in 2021: €784
- Financial income +€272
new in 2021: €272
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,195 | €21,750 | -€14,445 | -39.9% |
| Fixed assets | 21/28 | €8,870 | €8,595 | -€275 | -3.1% |
| Tangible fixed assets | 22/27 | €684 | €409 | -€275 | -40.3% |
| Furniture and vehicles | 24 | - | €409 | +€409 | |
| Financial fixed assets | 28 | €8,186 | €8,186 | = | 0.0% |
| Current assets | 29/58 | €27,325 | €13,155 | -€14,169 | -51.9% |
| Stocks and contracts in progress | 3 | €10,000 | - | -€10,000 | |
| Amounts receivable within one year | 40/41 | €5,526 | €240 | -€5,286 | -95.6% |
| Other amounts receivable | 41 | - | €240 | +€240 | |
| Cash at bank and in hand | 54/58 | €11,798 | €12,810 | +€1,012 | +8.6% |
| Deferred charges and accrued income | 490/1 | - | €104 | +€104 | |
| Total equity and liabilities | 10/49 | €36,195 | €21,750 | -€14,445 | -39.9% |
| Equity | 10/15 | €14,560 | €16,271 | +€1,710 | +11.7% |
| Contributions | 10/11 | - | €18,550 | +€18,550 | |
| Profit (loss) carried forward | 14 | -€3,990 | -€2,279 | +€1,710 | +42.9% |
| Amounts payable | 17/49 | €21,635 | €5,480 | -€16,155 | -74.7% |
| Amounts payable within one year | 42/48 | €21,493 | €5,480 | -€16,014 | -74.5% |
| Trade debts | 44 | €11,699 | - | -€11,699 | |
| Taxes, remuneration and social security | 45 | - | €5,480 | +€5,480 | |
| Taxes | 450/3 | - | €5,480 | +€5,480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196 | €275 | +€79 | +40.3% |
| Other operating charges | 640/8 | - | €784 | +€784 | |
| Gross operating margin | 9900 | €9,869 | €5,158 | -€4,711 | -47.7% |
| Operating profit (loss) | 9901 | €9,294 | €4,099 | -€5,195 | -55.9% |
| Financial income | 75/76B | - | €272 | +€272 | |
| Recurring financial income | 75 | €8 | €272 | +€265 | +3499.9% |
| Financial charges | 65/66B | - | €1,437 | +€1,437 | |
| Recurring financial charges | 65 | €3,172 | €1,437 | -€1,735 | -54.7% |
| Profit (loss) for the period before taxes | 9903 | €6,129 | €2,934 | -€3,195 | -52.1% |
| Income taxes | 67/77 | €2,597 | €1,224 | -€1,373 | -52.9% |
| Profit (loss) for the period | 9904 | €3,532 | €1,710 | -€1,822 | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,532 | €1,710 | -€1,822 | -51.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.