Fiscalim: 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.
Fiscalim
Largest movements
- Current assets -€22,009
down €22,009 (-3.4%), from €656,085 to €634,076
of which Cash: -€34,395
- Debts within one year -€17,892
down €17,892 (-80.9%), from €22,125 to €4,233
- Debts after one year -€16,005
down €16,005 (-6.2%), from €259,758 to €243,753
- Reserves +€11,888
up €11,888 (+4.8%), from €250,255 to €262,143
- Gross operating margin -€34,822
down €34,822 (-46.7%), from €74,515 to €39,693
From the 2019 result to the 2020 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
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 | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €656,085 | €634,076 | -€22,009 | -3.4% |
| Current assets | 29/58 | €656,085 | €634,076 | -€22,009 | -3.4% |
| Amounts receivable within one year | 40/41 | €109,883 | €137,724 | +€27,841 | +25.3% |
| Current investments | 50/53 | €26,013 | €26,013 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €503,992 | €469,597 | -€34,395 | -6.8% |
| Total equity and liabilities | 10/49 | €656,085 | €634,076 | -€22,009 | -3.4% |
| Equity | 10/15 | €374,202 | €386,090 | +€11,888 | +3.2% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €250,255 | €262,143 | +€11,888 | +4.8% |
| Amounts payable | 17/49 | €281,883 | €247,986 | -€33,897 | -12.0% |
| Amounts payable after more than one year | 17 | €259,758 | €243,753 | -€16,005 | -6.2% |
| Amounts payable within one year | 42/48 | €22,125 | €4,233 | -€17,892 | -80.9% |
| Trade debts | 44 | €14,167 | €4,233 | -€9,934 | -70.1% |
| Gross operating margin | 9900 | €74,515 | €39,693 | -€34,822 | -46.7% |
| Operating profit (loss) | 9901 | €18,053 | €21,978 | +€3,925 | +21.7% |
| Recurring financial income | 75 | €271 | €104 | -€167 | -61.6% |
| Recurring financial charges | 65 | €4,560 | €4,189 | -€371 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €13,764 | €17,893 | +€4,129 | +30.0% |
| Income taxes | 67/77 | €6,325 | €6,005 | -€320 | -5.1% |
| Profit (loss) for the period | 9904 | €7,439 | €11,888 | +€4,449 | +59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,439 | €11,888 | +€4,449 | +59.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.