Home Automation Concept: 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.
Home Automation Concept
Largest movements
- Cash -€15,502
down €15,502 (-49.8%), from €31,131 to €15,629
mainly Debts (-€38,329) and Net result for the year (-€3,553)
- Receivables within one year -€15,262
down €15,262 (-80.2%), from €19,042 to €3,780
- Tangible fixed assets -€11,118
down €11,118 (-33.4%), from €33,258 to €22,141
- Debts -€38,329
down €38,329 (-50.9%), from €75,240 to €36,911
of which Debts within one year: -€22,900
- Profit (loss) carried forward -€3,553
down €3,553 (-44.0%), from €8,081 to €4,529
- Gross operating margin -€50,444
down €50,444 (-79.3%), from €63,634 to €13,190
- Depreciation -€8,454
down €8,454 (-41.7%), from €20,267 to €11,813
- Taxes -€4,973
down €4,973 (-80.6%), from €6,173 to €1,199
From the 2016 result to the 2017 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 2016 and 2017 balance sheets and the 2017 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,432 | €41,550 | -€41,882 | -50.2% |
| Fixed assets | 21/28 | €33,258 | €22,141 | -€11,118 | -33.4% |
| Tangible fixed assets | 22/27 | €33,258 | €22,141 | -€11,118 | -33.4% |
| Current assets | 29/58 | €50,173 | €19,409 | -€30,764 | -61.3% |
| Amounts receivable within one year | 40/41 | €19,042 | €3,780 | -€15,262 | -80.2% |
| Cash at bank and in hand | 54/58 | €31,131 | €15,629 | -€15,502 | -49.8% |
| Total equity and liabilities | 10/49 | €83,432 | €41,550 | -€41,882 | -50.2% |
| Equity | 10/15 | €8,191 | €4,639 | -€3,553 | -43.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,081 | €4,529 | -€3,553 | -44.0% |
| Amounts payable | 17/49 | €75,240 | €36,911 | -€38,329 | -50.9% |
| Amounts payable after more than one year | 17 | €23,829 | €17,668 | -€6,161 | -25.9% |
| Amounts payable within one year | 42/48 | €42,144 | €19,243 | -€22,900 | -54.3% |
| Trade debts | 44 | €8,116 | €3,710 | -€4,405 | -54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,267 | €11,813 | -€8,454 | -41.7% |
| Gross operating margin | 9900 | €63,634 | €13,190 | -€50,444 | -79.3% |
| Operating profit (loss) | 9901 | €24,073 | -€1,773 | -€25,846 | |
| Recurring financial income | 75 | €14 | €113 | +€99 | +721% |
| Recurring financial charges | 65 | €3,823 | €693 | -€3,130 | -81.9% |
| Profit (loss) for the period before taxes | 9903 | €20,264 | -€2,353 | -€22,617 | |
| Income taxes | 67/77 | €6,173 | €1,199 | -€4,973 | -80.6% |
| Profit (loss) for the period | 9904 | €14,091 | -€3,553 | -€17,644 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,091 | -€3,553 | -€17,644 |
Source: filed annual accounts (NBB), financial years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.