FREDERIK DE POTTER: 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.
FREDERIK DE POTTER
Largest movements
- Tangible fixed assets -€11,821
down €11,821 (-97.7%), from €12,102 to €281
- Cash +€9,491
up €9,491 (+12.6%), from €75,299 to €84,790
mainly Investment in fixed assets (net) (+€11,394) and Net result for the year (+€7,569)
- Receivables within one year +€1,086
up €1,086 (+776%), from €140 to €1,226
- Debts within one year -€8,812
down €8,812 (-68.5%), from €12,869 to €4,057
- Profit (loss) carried forward +€7,568
up €7,568 (+14.0%), from €54,212 to €61,780
- Gross operating margin +€12,120
up €12,120, from -€4,124 to €7,996
- Depreciation -€11,393
down €11,393 (-96.4%), from €11,820 to €427
- Taxes -€728
no longer reported in 2021 (was €728)
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
Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,541 | €86,297 | -€1,244 | -1.4% |
| Fixed assets | 21/28 | €12,102 | €281 | -€11,821 | -97.7% |
| Tangible fixed assets | 22/27 | €12,102 | €281 | -€11,821 | -97.7% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €281 | +€281 | |
| Current assets | 29/58 | €75,439 | €86,016 | +€10,577 | +14.0% |
| Amounts receivable within one year | 40/41 | €140 | €1,226 | +€1,086 | +776% |
| Other amounts receivable | 41 | - | €1,226 | +€1,226 | |
| Cash at bank and in hand | 54/58 | €75,299 | €84,790 | +€9,491 | +12.6% |
| Total equity and liabilities | 10/49 | €87,541 | €86,297 | -€1,244 | -1.4% |
| Equity | 10/15 | €74,672 | €82,240 | +€7,568 | +10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €54,212 | €61,780 | +€7,568 | +14.0% |
| Amounts payable | 17/49 | €12,869 | €4,057 | -€8,812 | -68.5% |
| Amounts payable within one year | 42/48 | €12,869 | €4,057 | -€8,812 | -68.5% |
| Trade debts | 44 | €3,717 | €4,057 | +€340 | +9.1% |
| Suppliers | 440/4 | - | €4,057 | +€4,057 | |
| Non-recurring operating income | 76A | - | €11,942 | +€11,942 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,820 | €427 | -€11,393 | -96.4% |
| Gross operating margin | 9900 | -€4,124 | €7,996 | +€12,120 | |
| Operating profit (loss) | 9901 | -€16,636 | €7,569 | +€24,205 | |
| Recurring financial charges | 65 | €57 | - | -€57 | |
| Profit (loss) for the period before taxes | 9903 | -€16,693 | €7,569 | +€24,262 | |
| Income taxes | 67/77 | €728 | - | -€728 | |
| Profit (loss) for the period | 9904 | -€17,421 | €7,569 | +€24,990 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,421 | €7,569 | +€24,990 |
Source: filed annual accounts (NBB), financial years ended 30 September 2020 and 30 September 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.