Geert Perquy: 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.
Geert Perquy
Largest movements
- Current assets -€3,306
down €3,306 (-8.4%), from €39,292 to €35,986
- Tangible fixed assets -€2,519
down €2,519 (-39.3%), from €6,413 to €3,894
- Debts after one year +€16,000
up €16,000 (+64.0%), from €25,000 to €41,000
- Profit (loss) carried forward -€13,640
down €13,640 (-60.1%), from -€22,700 to -€36,341
- Debts within one year -€8,185
down €8,185 (-23.2%), from €35,345 to €27,161
- Gross operating margin -€2,716
down €2,716 (-64.4%), from -€4,216 to -€6,933
- Depreciation -€92
down €92 (-2.4%), from €3,759 to €3,667
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 | €45,705 | €39,880 | -€5,825 | -12.7% |
| Fixed assets | 21/28 | €6,413 | €3,894 | -€2,519 | -39.3% |
| Tangible fixed assets | 22/27 | €6,413 | €3,894 | -€2,519 | -39.3% |
| Current assets | 29/58 | €39,292 | €35,986 | -€3,306 | -8.4% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,468 | €30,942 | -€1,527 | -4.7% |
| Cash at bank and in hand | 54/58 | €1,646 | - | -€1,646 | |
| Total equity and liabilities | 10/49 | €45,705 | €39,880 | -€5,825 | -12.7% |
| Equity | 10/15 | -€14,640 | -€28,281 | -€13,640 | -93.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,700 | -€36,341 | -€13,640 | -60.1% |
| Amounts payable | 17/49 | €60,345 | €68,161 | +€7,815 | +13.0% |
| Amounts payable after more than one year | 17 | €25,000 | €41,000 | +€16,000 | +64.0% |
| Amounts payable within one year | 42/48 | €35,345 | €27,161 | -€8,185 | -23.2% |
| Trade debts | 44 | €35,010 | €19,118 | -€15,892 | -45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,759 | €3,667 | -€92 | -2.4% |
| Gross operating margin | 9900 | -€4,216 | -€6,933 | -€2,716 | -64.4% |
| Operating profit (loss) | 9901 | -€8,707 | -€11,124 | -€2,417 | -27.8% |
| Recurring financial income | 75 | €281 | €163 | -€118 | -42.0% |
| Recurring financial charges | 65 | €2,288 | €2,679 | +€391 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,715 | -€13,640 | -€2,926 | -27.3% |
| Profit (loss) for the period | 9904 | -€10,715 | -€13,640 | -€2,926 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,715 | -€13,640 | -€2,926 | -27.3% |
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 26 October 2026 via checked.be.