FISCALAN: 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.
FISCALAN
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts -€27,704
down €27,704 (-6.7%), from €413,157 to €385,453
- Reserves +€13,326
up €13,326 (+2.1%), from €629,844 to €643,170
- Gross operating margin +€1,169
up €1,169 (+5.7%), from €20,628 to €21,797
- Taxes -€809
down €809 (-9.3%), from €8,721 to €7,912
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.
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 | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,104,974 | €1,090,596 | -€14,378 | -1.3% |
| Fixed assets | 21/28 | €382,040 | €378,640 | -€3,400 | -0.9% |
| Tangible fixed assets | 22/27 | €10,200 | €6,800 | -€3,400 | -33.3% |
| Financial fixed assets | 28 | €371,840 | €371,840 | = | 0.0% |
| Current assets | 29/58 | €722,934 | €711,956 | -€10,978 | -1.5% |
| Amounts receivable within one year | 40/41 | €112,770 | €53,819 | -€58,951 | -52.3% |
| Cash at bank and in hand | 54/58 | €448,409 | €512,288 | +€63,879 | +14.2% |
| Total equity and liabilities | 10/49 | €1,104,974 | €1,090,596 | -€14,378 | -1.3% |
| Equity | 10/15 | €691,817 | €705,143 | +€13,326 | +1.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €629,844 | €643,170 | +€13,326 | +2.1% |
| Amounts payable | 17/49 | €413,157 | €385,453 | -€27,704 | -6.7% |
| Amounts payable within one year | 42/48 | €410,633 | €382,929 | -€27,704 | -6.7% |
| Trade debts | 44 | €233,263 | €204,647 | -€28,616 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,400 | €3,400 | = | 0.0% |
| Gross operating margin | 9900 | €20,628 | €21,797 | +€1,169 | +5.7% |
| Operating profit (loss) | 9901 | €17,128 | €17,428 | +€300 | +1.8% |
| Recurring financial income | 75 | €3,862 | €4,094 | +€232 | +6.0% |
| Recurring financial charges | 65 | €389 | €284 | -€105 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €20,601 | €21,238 | +€637 | +3.1% |
| Income taxes | 67/77 | €8,721 | €7,912 | -€809 | -9.3% |
| Profit (loss) for the period | 9904 | €11,880 | €13,326 | +€1,446 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,880 | €13,326 | +€1,446 | +12.2% |
Source: filed annual accounts (NBB), financial years ended 31 July 2020 and 31 July 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.