HET KRUISPUNT: 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.
HET KRUISPUNT
Largest movements
- Tangible fixed assets -€16,238
down €16,238 (-39.0%), from €41,625 to €25,387
- Current assets -€10,348
down €10,348 (-18.6%), from €55,746 to €45,399
of which Receivables within one year: -€12,419
- Financial fixed assets +€1,100
new in 2021: €1,100
- Debts after one year -€22,208
down €22,208 (-49.2%), from €45,116 to €22,909
- Debts within one year -€3,277
down €3,277 (-6.4%), from €51,255 to €47,978
of which Trade debts: -€6,267
- Turnover -€151,992
no longer reported in 2021 (was €151,992)
- Staff costs +€119,603
new in 2021: €119,603
- Gross operating margin +€29,452
up €29,452 (+30.6%), from €96,369 to €125,821
- Financial charges +€1,986
new in 2021: €1,986
- Other operating charges +€1,680
new in 2021: €1,680
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
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 | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,371 | €71,886 | -€25,485 | -26.2% |
| Fixed assets | 21/28 | €41,625 | €26,487 | -€15,138 | -36.4% |
| Tangible fixed assets | 22/27 | €41,625 | €25,387 | -€16,238 | -39.0% |
| Plant, machinery and equipment | 23 | - | €2,951 | +€2,951 | |
| Furniture and vehicles | 24 | - | €2,948 | +€2,948 | |
| Other tangible fixed assets | 26 | - | €19,488 | +€19,488 | |
| Financial fixed assets | 28 | - | €1,100 | +€1,100 | |
| Current assets | 29/58 | €55,746 | €45,399 | -€10,348 | -18.6% |
| Amounts receivable within one year | 40/41 | €38,888 | €26,469 | -€12,419 | -31.9% |
| Trade receivables | 40 | - | €9,046 | +€9,046 | |
| Other amounts receivable | 41 | - | €17,423 | +€17,423 | |
| Cash at bank and in hand | 54/58 | €15,275 | €15,952 | +€677 | +4.4% |
| Deferred charges and accrued income | 490/1 | - | €2,978 | +€2,978 | |
| Total equity and liabilities | 10/49 | €97,371 | €71,886 | -€25,485 | -26.2% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | - | €1,000 | +€1,000 | |
| Amounts payable | 17/49 | €96,371 | €70,886 | -€25,485 | -26.4% |
| Amounts payable after more than one year | 17 | €45,116 | €22,909 | -€22,208 | -49.2% |
| Financial debts | 170/4 | - | €22,909 | +€22,909 | |
| Amounts payable within one year | 42/48 | €51,255 | €47,978 | -€3,277 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | - | €22,208 | +€22,208 | |
| Trade debts | 44 | €15,472 | €9,204 | -€6,267 | -40.5% |
| Suppliers | 440/4 | - | €9,204 | +€9,204 | |
| Taxes, remuneration and social security | 45 | - | €14,760 | +€14,760 | |
| Taxes | 450/3 | - | €630 | +€630 | |
| Remuneration and social security | 454/9 | - | €14,130 | +€14,130 | |
| Other amounts payable | 47/48 | - | €1,806 | +€1,806 | |
| Turnover | 70 | €151,992 | - | -€151,992 | |
| Remuneration, social security and pensions | 62 | - | €119,603 | +€119,603 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,134 | €18,449 | +€315 | +1.7% |
| Other operating charges | 640/8 | - | €1,680 | +€1,680 | |
| Gross operating margin | 9900 | €96,369 | €125,821 | +€29,452 | +30.6% |
| Operating profit (loss) | 9901 | -€23,650 | -€13,911 | +€9,739 | +41.2% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | €6 | €6 | +€0 | +1.6% |
| Financial charges | 65/66B | - | €1,986 | +€1,986 | |
| Recurring financial charges | 65 | €2,654 | €1,986 | -€668 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,298 | -€15,891 | +€10,408 | +39.6% |
| Income taxes | 67/77 | €1 | €1 | +€0 | +1.1% |
| Profit (loss) for the period | 9904 | -€26,299 | -€15,891 | +€10,408 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,299 | -€15,891 | +€10,408 | +39.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.