Full Ceram: 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.
Full Ceram
Largest movements
- Tangible fixed assets +€62,912
up €62,912 (+6,260%), from €1,005 to €63,917
- Current assets -€14,452
down €14,452 (-46.0%), from €31,388 to €16,936
of which Cash: -€7,823
- Debts after one year +€43,979
new in 2020: €43,979
- Debts within one year +€18,077
up €18,077 (+183%), from €9,885 to €27,962
- Profit (loss) carried forward -€13,596
down €13,596 (-71.4%), from €19,051 to €5,455
- Turnover -€13,319
down €13,319 (-18.2%), from €73,312 to €59,994
- Gross operating margin -€11,874
down €11,874, from €5,921 to -€5,953
- Depreciation +€6,363
up €6,363 (+433%), from €1,471 to €7,834
- Taxes -€1,974
down €1,974 (-99.5%), from €1,984 to €10
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.
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 | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,393 | €80,853 | +€48,460 | +150% |
| Fixed assets | 21/28 | €1,005 | €63,917 | +€62,912 | +6,260% |
| Tangible fixed assets | 22/27 | €1,005 | €63,917 | +€62,912 | +6,260% |
| Current assets | 29/58 | €31,388 | €16,936 | -€14,452 | -46.0% |
| Stocks and contracts in progress | 3 | €872 | €979 | +€107 | +12.3% |
| Amounts receivable within one year | 40/41 | €10,197 | €4,383 | -€5,814 | -57.0% |
| Cash at bank and in hand | 54/58 | €19,092 | €11,268 | -€7,823 | -41.0% |
| Total equity and liabilities | 10/49 | €32,393 | €80,853 | +€48,460 | +150% |
| Equity | 10/15 | €22,508 | €8,912 | -€13,596 | -60.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €1,457 | €1,457 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,051 | €5,455 | -€13,596 | -71.4% |
| Amounts payable | 17/49 | €9,885 | €71,941 | +€62,056 | +628% |
| Amounts payable after more than one year | 17 | - | €43,979 | +€43,979 | |
| Amounts payable within one year | 42/48 | €9,885 | €27,962 | +€18,077 | +183% |
| Trade debts | 44 | €2,828 | €2,508 | -€320 | -11.3% |
| Turnover | 70 | €73,312 | €59,994 | -€13,319 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,471 | €7,834 | +€6,363 | +433% |
| Gross operating margin | 9900 | €5,921 | -€5,953 | -€11,874 | |
| Operating profit (loss) | 9901 | €3,986 | -€18,348 | -€22,334 | |
| Recurring financial income | 75 | €154 | €9 | -€145 | -94.0% |
| Recurring financial charges | 65 | €184 | €726 | +€543 | +296% |
| Profit (loss) for the period before taxes | 9903 | €4,001 | -€13,585 | -€17,587 | |
| Income taxes | 67/77 | €1,984 | €10 | -€1,974 | -99.5% |
| Profit (loss) for the period | 9904 | €2,017 | -€13,596 | -€15,613 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,017 | -€13,596 | -€15,613 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.