FOREST-BASED SECTOR TECHNOLOGY PLATFORM: 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.
FOREST-BASED SECTOR TECHNOLOGY PLATFORM
Largest movements
- Current assets +€45,397
up €45,397 (+20.1%), from €225,390 to €270,787
of which Receivables within one year: +€38,636
- Debts +€29,554
up €29,554 (+25.4%), from €116,449 to €146,003
- Equity +€15,843
up €15,843 (+14.2%), from €111,583 to €127,426
of which Profit (loss) carried forward: +€15,843
- Gross operating margin -€9,090
down €9,090 (-5.8%), from €157,536 to €148,446
- Taxes +€7,911
up €7,911 (+486.4%), from €1,627 to €9,538
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 | €228,032 | €273,429 | +€45,397 | +19.9% |
| Fixed assets | 21/28 | €2,643 | €2,643 | = | 0.0% |
| Financial fixed assets | 28 | €2,643 | €2,643 | = | 0.0% |
| Current assets | 29/58 | €225,390 | €270,787 | +€45,397 | +20.1% |
| Amounts receivable within one year | 40/41 | €84,622 | €123,258 | +€38,636 | +45.7% |
| Cash at bank and in hand | 54/58 | €139,034 | €133,702 | -€5,332 | -3.8% |
| Total equity and liabilities | 10/49 | €228,032 | €273,429 | +€45,397 | +19.9% |
| Equity | 10/15 | €111,583 | €127,426 | +€15,843 | +14.2% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €2,740 | €2,740 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,643 | €118,486 | +€15,843 | +15.4% |
| Amounts payable | 17/49 | €116,449 | €146,003 | +€29,554 | +25.4% |
| Amounts payable within one year | 42/48 | €116,161 | €120,313 | +€4,152 | +3.6% |
| Trade debts | 44 | €34,240 | €11,309 | -€22,931 | -67.0% |
| Gross operating margin | 9900 | €157,536 | €148,446 | -€9,090 | -5.8% |
| Operating profit (loss) | 9901 | €4,144 | €25,491 | +€21,347 | +515.1% |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Recurring financial charges | 65 | €191 | €110 | -€82 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €3,953 | €25,381 | +€21,428 | +542.1% |
| Income taxes | 67/77 | €1,627 | €9,538 | +€7,911 | +486.4% |
| Profit (loss) for the period | 9904 | €2,326 | €15,843 | +€13,517 | +581.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,326 | €15,843 | +€13,517 | +581.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 9 September 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.