Focus-Plus: 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.
Focus-Plus
Largest movements
- Current assets +€110,251
up €110,251 (+4.8%), from €2.3m to €2.4m
of which Cash: +€344,600
- Tangible fixed assets +€34,355
up €34,355 (+121%), from €28,430 to €62,785
- Debts +€101,383
up €101,383 (+22.4%), from €452,507 to €553,890
- Equity +€36,325
up €36,325 (+1.9%), from €1.9m to €1.9m
- Gross operating margin -€138,658
down €138,658 (-5.2%), from €2.7m to €2.5m
From the 2018 result to the 2019 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 | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,327,293 | €2,465,000 | +€137,708 | +5.9% |
| Fixed assets | 21/28 | €46,992 | €74,448 | +€27,457 | +58.4% |
| Intangible fixed assets | 21 | €16,843 | €9,694 | -€7,149 | -42.4% |
| Tangible fixed assets | 22/27 | €28,430 | €62,785 | +€34,355 | +121% |
| Financial fixed assets | 28 | €1,718 | €1,969 | +€251 | +14.6% |
| Current assets | 29/58 | €2,280,301 | €2,390,552 | +€110,251 | +4.8% |
| Amounts receivable within one year | 40/41 | €786,898 | €558,943 | -€227,955 | -29.0% |
| Cash at bank and in hand | 54/58 | €1,480,815 | €1,825,415 | +€344,600 | +23.3% |
| Total equity and liabilities | 10/49 | €2,327,293 | €2,465,000 | +€137,708 | +5.9% |
| Equity | 10/15 | €1,874,785 | €1,911,110 | +€36,325 | +1.9% |
| Profit (loss) carried forward | 14 | €939,982 | €974,306 | +€34,325 | +3.7% |
| Amounts payable | 17/49 | €452,507 | €553,890 | +€101,383 | +22.4% |
| Amounts payable within one year | 42/48 | €447,420 | €551,122 | +€103,702 | +23.2% |
| Trade debts | 44 | €19,030 | €73,969 | +€54,939 | +289% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,297 | €20,449 | +€1,152 | +6.0% |
| Gross operating margin | 9900 | €2,657,997 | €2,519,338 | -€138,658 | -5.2% |
| Operating profit (loss) | 9901 | €162,191 | -€41,543 | -€203,735 | |
| Recurring financial income | 75 | €465 | €638 | +€173 | +37.2% |
| Recurring financial charges | 65 | €724 | €557 | -€167 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €161,932 | -€41,462 | -€203,394 | |
| Profit (loss) for the period | 9904 | €339,833 | €36,325 | -€303,508 | -89.3% |
| Profit (loss) for the period to be appropriated | 9905 | €339,833 | €36,325 | -€303,508 | -89.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.