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Gonzo Circus: 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.

What changed

Gonzo Circus

BE 0445.415.288
NACE 58.120, Publishing activities
financial year 2009 compared with 2008filed annual accounts (NBB)
Net result for the year
-€2,945
2008 · -€10,984+€8,040
Equity
€4,412
2008 · €7,357-€2,945
Cash
€2,622
2008 · €9,325-€6,703
Balance sheet total
€12,061
2008 · €20,810-€8,749

Largest movements

2008 to 2009
Assets
  • Current assets -€8,924

    down €8,924 (-45.7%), from €19,526 to €10,603

    of which Cash: -€6,703

Equity and liabilities
  • Debts -€5,805

    down €5,805 (-43.1%), from €13,453 to €7,649

  • Equity -€2,945

    down €2,945 (-40.0%), from €7,357 to €4,412

Income statement
  • Gross operating margin -€3,493

    down €3,493 (-16.6%), from €20,982 to €17,489

From the 2008 result to the 2009 result

effect on the 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.

Result 2008 -€10,984
Gross operating margin -€3,493
Depreciation -€65
Other operating items +€11,620
Financial income -€10
Financial charges -€337
Deferred taxes and other +€325
Result 2009 -€2,945
lowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2008 to 2009

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 20 lines
Line Code 2008 2009 Change %
Total assets 20/58 €20,810 €12,061 -€8,749 -42.0%
Fixed assets 21/28 €1,284 €1,458 +€175 +13.6%
Tangible fixed assets 22/27 €335 €509 +€175 +52.2%
Financial fixed assets 28 €949 €949 = 0.0%
Current assets 29/58 €19,526 €10,603 -€8,924 -45.7%
Amounts receivable within one year 40/41 €9,574 €7,371 -€2,204 -23.0%
Cash at bank and in hand 54/58 €9,325 €2,622 -€6,703 -71.9%
Total equity and liabilities 10/49 €20,810 €12,061 -€8,749 -42.0%
Equity 10/15 €7,357 €4,412 -€2,945 -40.0%
Profit (loss) carried forward 14 €6,470 €3,525 -€2,945 -45.5%
Amounts payable 17/49 €13,453 €7,649 -€5,805 -43.1%
Amounts payable within one year 42/48 €13,393 €7,598 -€5,795 -43.3%
Trade debts 44 €13,383 €7,297 -€6,086 -45.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €84 €148 +€65 +77.2%
Gross operating margin 9900 €20,982 €17,489 -€3,493 -16.6%
Operating profit (loss) 9901 -€10,714 -€2,652 +€8,062 +75.2%
Recurring financial income 75 €106 €96 -€10 -9.7%
Recurring financial charges 65 €377 €713 +€337 +89.5%
Profit (loss) for the period before taxes 9903 -€10,984 -€3,270 +€7,715 +70.2%
Profit (loss) for the period 9904 -€10,984 -€2,945 +€8,040 +73.2%

Source: filed annual accounts (NBB), financial years ended 31 December 2008 and 31 December 2009. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.