FILIP TUYTSCHAEVER: 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.
FILIP TUYTSCHAEVER
Largest movements
- Cash +€248,060
up €248,060 (+63.8%), from €388,551 to €636,611
mainly Debts within one year (+€749,001) and Net result for the year (+€427,506)
- Receivables within one year +€183,454
up €183,454 (+64.3%), from €285,163 to €468,617
- Intangible fixed assets -€20,985
down €20,985 (-16.3%), from €128,855 to €107,870
- Debts within one year +€749,001
up €749,001 (+2,626%), from €28,526 to €777,526
- Profit (loss) carried forward -€337,200
down €337,200 (-47.8%), from €705,673 to €368,473
- Gross operating margin +€340,718
up €340,718 (+106%), from €320,221 to €660,940
- Taxes +€118,532
up €118,532 (+128%), from €92,608 to €211,140
From the 2009 result to the 2010 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
Derived from the 2009 and 2010 balance sheets and the 2010 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2009 | 2010 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €807,038 | €1,222,411 | +€415,373 | +51.5% |
| Fixed assets | 21/28 | €133,325 | €117,184 | -€16,141 | -12.1% |
| Intangible fixed assets | 21 | €128,855 | €107,870 | -€20,985 | -16.3% |
| Tangible fixed assets | 22/27 | €4,089 | €8,933 | +€4,844 | +118% |
| Financial fixed assets | 28 | €380 | €380 | = | 0.0% |
| Current assets | 29/58 | €673,714 | €1,105,227 | +€431,513 | +64.0% |
| Amounts receivable within one year | 40/41 | €285,163 | €468,617 | +€183,454 | +64.3% |
| Cash at bank and in hand | 54/58 | €388,551 | €636,611 | +€248,060 | +63.8% |
| Total equity and liabilities | 10/49 | €807,038 | €1,222,411 | +€415,373 | +51.5% |
| Equity | 10/15 | €737,933 | €400,733 | -€337,200 | -45.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,860 | €19,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €705,673 | €368,473 | -€337,200 | -47.8% |
| Provisions and deferred taxes | 16 | €40,580 | €44,151 | +€3,572 | +8.8% |
| Amounts payable | 17/49 | €28,526 | €777,526 | +€749,001 | +2,626% |
| Amounts payable within one year | 42/48 | €28,526 | €777,526 | +€749,001 | +2,626% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,907 | €23,620 | +€712 | +3.1% |
| Gross operating margin | 9900 | €320,221 | €660,940 | +€340,718 | +106% |
| Operating profit (loss) | 9901 | €289,653 | €632,213 | +€342,561 | +118% |
| Recurring financial income | 75 | €3,511 | €6,881 | +€3,370 | +96.0% |
| Recurring financial charges | 65 | €2,323 | €449 | -€1,874 | -80.7% |
| Profit (loss) for the period before taxes | 9903 | €290,841 | €638,646 | +€347,805 | +120% |
| Income taxes | 67/77 | €92,608 | €211,140 | +€118,532 | +128% |
| Profit (loss) for the period | 9904 | €198,233 | €427,506 | +€229,273 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €198,233 | €427,506 | +€229,273 | +116% |
Source: filed annual accounts (NBB), financial years ended 31 December 2009 and 31 December 2010. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.